Issue price of Rs 150 makes a low of Rs 38.50 before closing at Rs 55.85 Taksheel Solutions Limited, a Hyderabad based company in the IT space had tapped the capital markets with its issue for 55 lac shares in a price band of Rs 130-150. The issue was subscribed 2.99 times with the [...]
Archive for the ‘IPO’ Category
Taksheel Solutions IPO: Issue lists well but ends as a disaster, closes 62% down
October 20th, 2011
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Tijaria Polypipes IPO: Listing is a complete disaster with stock losing 69%
October 17th, 2011
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Tijaria Polypipes Limited listed on the stock exchanges on Friday and as expected the listing turned out to be a complete disaster. The company had come out with a fixed price issue for 1 crore shares at Rs 60 each to raise Rs 60 crs. The issue was open between the 27th and 29th [...]
