During the last ten days we had a unique situation in the Indian IPO markets. We had three back to back high profile IPO’s one after the other. All these issues were in a hurry to complete their offerings before overseas investors left on their annual Christmas and New Year holidays. First of the block […]
Archive for the ‘IPO’ Category
DB Corp Receives Overwhelming Support
December 16th, 2009
Comments Off on DB Corp Receives Overwhelming Support
DB Corp which had come out with its IPO which opened on Friday the 11th of December and closed yesterday Tuesday the 15th of December 2009 received overwhelming support. The issue was subscribed a staggering 39.54 times and this is the highest subscription received by any company since the IPO season began sometime in July […]
Godrej Properties IPO Price fixed
December 15th, 2009
Comments Off on Godrej Properties IPO Price fixed
Godrej Properties Limited had tapped the capital markets with its IPO during 9th December 2009 to 11th December 2009 in a price band of Rs 490 to Rs 530. The issue was subscribed 4 times primarily by QIB’s who bid for 7.45 times the shares offered to them. The retail and Non-Institutional portion remain under […]
