Total subscription 0.97 times A2Z Maintenance Engineering Services Limited which had tapped the capital markets with its IPO to raise Rs 675 crs and an offer for sale of 45,56,193 in a price band of Rs 400-410, failed to get fully subscribed. The issue was finally subscribed 0.97 times. The issue consisted of a fresh […]
Archive for the ‘IPO’ Category
A2Z Maintenance Engineering Services IPO fails to garner adequate response
December 11th, 2010
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Ravi Kumar Distilleries IPO Subscribed
December 11th, 2010
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Ravi Kumar Distilleries Limited which had tapped the capital markets with its IPO in a price band of Rs 56 – 64 was subscribed. The issue was subscribed 2.22 times. HNI’s and retail subscription was the driver to the success of the IPO and helped in the overall subscription while the QIB portion was under […]
A2Z Maintenance Engineering IPO: Too diversified for comfort
December 10th, 2010
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Valuations asked for are expensive, offering no upside even in the medium term A2Z Maintenance Engineering Services Limited is tapping the capital markets with its IPO to raise Rs 675 crs in a price band of Rs 400-410, with a simultaneous offer for sale of 45,56,193 equity shares. The issue has opened on Wednesday the […]
