Archive for the ‘IPO’ Category

Pradip Overseas IPO subscribed: receives excellent response

Pradip Overseas Limited which had tapped the capital markets with a public issue in a price band of Rs 100-110 received excellent response on the last day. The issue was oversubscribed over 14 times.   The issue was for 106 lakh shares and included an employee reservation of 5 lac shares. Pradip Overseas Limited has set […]

Persistent Systems IPO Price band announced

Persistent Systems Limited has announced its price band for its forthcoming IPO which opens on Wednesday the 17th of March and closes on Friday the 19th of March. The issue price band is Rs 290-310. The issue comprises of a fresh offering of 41,39,000 shares and an offer for sale for 12,80,706 shares. This makes […]

Man Infraconstruction Listing Day One: Share under pressure at close

Man Infraconstruction Limited listed yesterday on the BSE and NSE. The company had issued 56,25,150 shares at Rs 252. The issue had received excellent support and was very received by all categories of investors. The stock listed on the BSE at Rs 335 while on the NSE it listed at Rs 318. The opening prices […]

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