Den Networks limited has completed yesterday its placement to two anchor investments. The placement was done at Rs 205 which is the top end of the price band. The IPO has opened today and closes on Friday the 30th of October 2009. Anchor Investors Emerging India Focus Fund 18,25,020 Indea capital Pte Ltd – A/c […]
Archive for the ‘IPO’ Category
Den Networks: Extremely Expensive – Avoid
October 25th, 2009
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Den Networks Limited (DNL) is entering the capital markets to raise between Rs 390 – 410 crs this week. The company is a cable television company with a service reach currently of 1cr homes. This business has very little transparency and therefore though the signal goes to 1cr homes, only 10% of them pay the […]
Astec Lifesciences IPO opens on 29th October
October 24th, 2009
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Astec Lifesciences Limited is tapping the capital markets with an IPO which opens on Thursday the 29th of October and closes on Wednesday the 4th November 2009. The price band fixed for the issue is between Rs 77 and Rs 82. The issue is for 75 lakh shares with a reservation of 1 lakh shares […]
