Jindal Cotex has finalised the basis of allotment and fixed the issue price as Rs 75 per share. There will be 3.91 allottees for every Rs one lakh of equity. Firm allotment has been made to those retail participants who applied for 180 shares. There will be a total of 15,844 shareholders in the retail […]
Archive for the ‘IPO’ Category
Jindal Cotex: Basis of allotment
September 14th, 2009
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IPO Non-Allottment Rejection Reasons
September 14th, 2009
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1. Demat Account details furnished were found “Inactive”. 2. List of employees provided by the company does not reflect your name. 3. In terms of SEBI guidelines you are not considered as a QIB. 4. It is found that you have withdrawn your Bid. 5. More than One application found with same demat account details. […]
Pipavav Shipyard: Very Expensive currently, invest only if long term investor
September 14th, 2009
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Pipavav Shipyard Limited (PSL) is tapping the capital markets with a public issue. The company which is promoted by SKIL and co-promoted by Punj Lloyd is setting up a shipyard in Pipavav in Gujrat. This dockyard which would be complete in the next few months would be India’s largest shipyard. The company has begun commercial […]
