Punjab & Sind Bank Limited which had tapped the capital markets with its IPO for 4 cr shares in a price band of Rs 113-120 received excellent support from QIB’s. They subscribed their portion 49.8 times. Bidding by QIB’s closed yesterday and would close for all other bidders today. The overall issue has been subscribed [...]
Archive for the ‘IPO’ Category
Moil listing: under severe pressure
December 15th, 2010
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Shares of Moil which listed today saw an intraday high of Rs 590 and Rs 591.05 on the NSE and BSE respectively crashed below the Rs 500 mark at around 1.30 pm. The traded volume which was just about 360 lakhs after the first 75 minutes of trade has moved up to 638 lakhs at [...]
Moil IPO: Gains of 40%
December 15th, 2010
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Great Debut MOIL Limited listed on the BSE and NSE today. The share has given returns of over 40% in the first 75 minutes of trade today. The share listed at Rs 551 on the BSE and Rs 565 on the NSE. Within seconds the high of Rs 591.05 on the BSE and Rs [...]
