Archive for the ‘IPO’ Category

MBL Infrastructures IPO subscribed

MBL Infrastructures Limited which was tapping the capital markets with its maiden IPO which opened on Friday the 27th November closed today after garnering the required support. The issue was subscribed but with a difference. The retail subscription was very poor and the response far from adequate. The company received subscription for a mere 7.76 lakh […]

MBL Infrastructures: Expensive compared to peers – Avoid

MBL Infrastructures Limited (MBL) is tapping the capital markets to raise funds for buying capital equipments and funding working capital requirements. The issue is currently on and closes on Tuesday the 1st of December 2009. Net Offering 57 lakh shares Employee Reservation 1 lakh shares Net Offer to the Public 56 lakh shares QIB’s 28 […]

MBL Infrastructures: Anchor Investors

MBL Infrastructures Limited which is tapping the capital markets with an IPO for 57 lakh shares from the 27th of November to the 1st of December 2009. The company allotted 8,40,000 equity shares at the top end of the price band to two investors. The two investors who have been allotted equal number of shares […]

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