Vaswani Industries Limited which had tapped the capital markets with its IPO for 1 crore shares in a price band of Rs 45-49 was fully subscribed. HNI’s and retail have subscribed to the issue while the response from QIB’s was fairly muted and a mere 16% of the QIB quota was subscribed. The overall issue […]
Archive for the ‘IPO’ Category
Vaswani Industries: Pricey issue offering no scope for appreciation
May 3rd, 2011
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HNI subscription on day 2 indicates listing day drama likely Vaswani Industries Limited is tapping the capital markets with its IPO which has opened on Friday the 29th of April and closes on Tuesday the 3rd of May. The company is issuing 1 cr shares in a price band of Rs 45-49. At the end […]
Servalakshmi Paper IPO: Issue Subscribed
April 30th, 2011
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Servalakshmi Paper Limited which had tapped the capital markets with its IPO to raise Rs 60 crs in a price band of Rs 27-29 was subscribed. The issue had opened on Wednesday the 27th of April and closed on Friday the 29th of April. The issue received good excellent response from HNI’s and from retail […]
