Archive for the ‘IPO’ Category

Fineotex Chemical IPO: AVOID

Too small a company and extremely expensive Fineotex Chemical Limited is tapping the capital markets with an IPO to raise between Rs 25 and Rs 30 crs. The issue had opened on Wednesday the 23rd of February and closes today the 25th of February. The price band is between Rs 60 to Rs 72. Price […]

Sudar Garments IPO: Issue subscribed 1.55 times

Sudar Garments Limited which had tapped the capital markets with its IPO in a price band of Rs 72-77 was subscribed. The issue had opened on Monday the 21st of February and closed on Thursday the 24th of February. The issue was for 90.88 lakh shares and would have raised Rs 69.97 crs at the […]

Acropetal Technologies IPO: Issue subscribed 1.28 times

Acropetal Technologies Limited which had tapped the capital markets with an IPO in the price band of Rs 88-90 was subscribed. The issue had opened on Monday the 21st of February and closed on Thursday the 24th of February. The issue was to raise Rs 170 crs. The overall issue was subscribed 1.28 times. The […]

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