Shriram City Union Finance Limited which had launched its bond issue to collect Rs 750 crs listed on the BSE and NSE on Friday the 2nd of September. The bond issue was oversubscribed and all eyes were on this issue because after the disastrous performance of the last bond issue post listing investors were [...]
Archive for the ‘Listing’ Category
TD Power Systems: Good prospects but do not expect listing gains
August 26th, 2011
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Apply for the medium and long term TD Power Systems Limited (TDPS) is tapping the capital markets with its issue to raise Rs 227 crs in a price band of Rs 256-261. The company has allocated 13,04,550 shares to anchor investors at Rs 256. The issue has opened on Wednesday the 24th of August and [...]
L&T Finance Holdings: Listing leaves a lot to be desired
August 16th, 2011
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Share trades at a discount of almost 4%, closes below Rs 50 Shares of L&T Finance Holdings Limited listed on Friday the 12th of August amidst a lot of fanfare at the NSE. This was an issue from the L&T group after 61 years and the loyal investor base built up by the company [...]
