Archive for the ‘IPO’ Category

Vascon Engineers IPO: Good business but demanding steep valuations – Stay away

Vascon Engineers Limited (VEL) is tapping the capital markets to raise between Rs 178 crs to 200 crs by issuing 1.08 cr shares. The price band is Rs 165-185. The issue opens on Wednesday the 27th of January and closes on Friday the 29th of January. Number of Shares 1,08,00,000 shares Price Band  Rs 165-185  […]

Thangamayil Jewellery: 22K – Subscribe

Thangamayil Jewellery Limited (TJL) is tapping the capital markets with an issue to raise Rs 2875.25 lakhs in a price band of Rs 70-75. The issue opens on Wednesday the 27th of January and closes on Friday the 29th of January. The name Thangamayil is actually two words together which mean gold and peacock. Thangamayil […]

NMDC files Draft Red Herring Prospectus

NMDC has filed its DRHP for its follow on offer with SEBI. The company will offer 8.38% of its equity or 33,22,43,200 shares through this offering. The current market price of NDMC on the BSE as of close on Monday 25th January was Rs 515.70. The size of offering based on this price is Rs […]

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