Archive for the ‘IPO’ Category

Prestige Estates IPO Listing Morning: Steady start and share holding

Prestige estates and Projects Limited which had tapped the capital markets with an IPO in the price band of Rs 172-183 to raise Rs 1200 crs listed today. The share listed at Rs 190 on both the exchanges and made a high of Rs 209 on the BSE and Rs 208.80 on the NSE. The [...]

Retail limit for investment doubled to Rs 2lakhs from Rs 1 lakh

SEBI at its board meeting yesterday doubled the limit for retail investors from Rs 1 lakh to Rs 2 lakhs. There have been various views on this for and against the same, but I believe this is good for the markets and would make retail subscription more meaningful.  For the supporters some information like inflation, [...]

Coal India IPO allotment price finalised at Rs 245

The price at which shares of Coal India will be allotted to all categories of investors has been finalised at Rs 245. The price band was Rs 225-245 and the issue received excellent response being oversubscribed 15.28 times. Through the IPO the government would have raised Rs 15,475 crs and the market capitalisation of the [...]

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