Punjab & Sind Bank Limited (PSB) is tapping the capital markets with its IPO which opens on Monday and closes on Wednesday for QIB’s and Thursday for all other bidders. The price band is Rs 113-120 and the issue is for a total of 4 crore shares. This is the last of PSU banks going [...]
Archive for the ‘IPO’ Category
Punjab & Sind Bank IPO: Cheap valuations and attractive returns likely
December 12th, 2010
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A2Z Maintenance Engineering Services IPO fails to garner adequate response
December 11th, 2010
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Total subscription 0.97 times A2Z Maintenance Engineering Services Limited which had tapped the capital markets with its IPO to raise Rs 675 crs and an offer for sale of 45,56,193 in a price band of Rs 400-410, failed to get fully subscribed. The issue was finally subscribed 0.97 times. The issue consisted of a fresh [...]
Ravi Kumar Distilleries IPO Subscribed
December 11th, 2010
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Ravi Kumar Distilleries Limited which had tapped the capital markets with its IPO in a price band of Rs 56 – 64 was subscribed. The issue was subscribed 2.22 times. HNI’s and retail subscription was the driver to the success of the IPO and helped in the overall subscription while the QIB portion was under [...]
