Archive for the ‘IPO’ Category

Den Networks IPO subscribed-price discovery at lowest level

The IPO from Den Networks limited ‘managed’ to get subscribed with a last ditch effort by non-institutional investors. The issue had opened on Wednesday and closed yesterday. The price band was in the range of Rs 195-205. Seeing the debacle in the listing of Indiabulls Power Limited, retail investors stayed away from this issue in […]

Astec Lifesciences: subscribe

Astec Lifesciences Limited (ALL) is tapping the capital market with an issue to raise Rs 57.75 crs to Rs 61.50 crs. The issue has opened on Thursday the 29th of October 2009 and closes on Wednesday the 4th of November 2009. Size of Issue 75 lakh Shares Reservation for Employees 1 lakh Shares Qualified Institutional […]

Indiabulls Power allotment

Allotment of shares and the crediting of shares into demat accounts of successful applicants has begun yesterday. The shares are likely to be listed next week between the 2nd and 4th of November.

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