SEBI has introduced a new concept which is to be tried out for the first time during the issue of Adani Power. Typically the issue is divided into three categories of investors namely: – QIB’s (Qualified Institutional Investors) Non Retail or HNI’s and the retail category. A minimum of 30% of the issue is offered […]
Posts Tagged ‘Adani Power’
Adani Power IPO price band announced
July 22nd, 2009
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Yesterday evening Adani Power announced a price band of Rs 90 – 100 for its forthcoming issue. It appears that when the announcement could have been done on Friday, the only reason for not doing it prior to the road show was to avoid questions on valuation.
Adani Power Ltd. – Few observations from Analyst meet
July 22nd, 2009
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The combined broker and analyst meet took place at the Regal room of the Trident on the 20th of July 2009. There were more than seven hundred people present – a record by itself pointing to some sort of euphoria being created in the market place. I am not sure whether there is some magnetic […]
