Last minute huge selloff sees share drop 1/3rd -WHODUNNIT Birla Pacific Medspa Limited which had issued shares at par and raised Rs 6517.50 lacs listed on the BSE today. The share opened or listed at Rs 10.10 and made a high of Rs 30.70. The low was the open of Rs 10.10 and the [...]
Archive for the ‘IPO’ Category
Readymade Steel IPO subscribed
July 3rd, 2011
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Readymade Steel Limited which had tapped the capital markets with its issue in a price band of Rs 90-108 was subscribed an overall 1.68 times. The issue raised Rs 3474.53 lacs. The IPO was open from Monday the 27th of June and closed on Wednesday the 29th of June. The issue received very poor support [...]
AVOID Readymade Steel India IPO: Valuations of between 36 times and 41 times
June 26th, 2011
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Readymade Steel India Limited (RMS) is tapping the capital markets with its IPO to raise Rs 3474.53 lacs in a price band of Rs 90-108. The issue opens on Monday the 27th of June and closes on Wednesday the 29th of June. This is one more of those IPO’s who have chosen to not have [...]
