When things are not in your favour nothing works. After a long time the government got the pricing right and that was reflected in the oversubscription of 6.64 overall and retail of 3.11 times. The share listed ok but the weakness in the global markets, fear about the Euro, the concern of recovery in overseas [...]
Archive for the ‘Listing’ Category
Mandhana Industries Listing day one: Sedate start but share holds on to gains
May 20th, 2010
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Mandhana Industries Limited listed yesterday at the BSE and NSE. The company had a listing ceremony on the BSE. The company had issued 83 lakh shares through its IPO in a price band of Rs 120-130. The share issue received good response and was oversubscribed 6.32 times. The share listed at Rs 132.70 on the [...]
SJVN Listing day
May 20th, 2010
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SJVN Limited the hydro power generating company which is co-promoted by the Government of India and the state of Himachal Pradesh listed today at the NSE and BSE. The company had come out with an offer for sale of 41.5 cr shares in a price band of Rs 23-26, with a discount of 5% to [...]
