Aster silicates which had made a public issue between the 24th and 28th of June in a price band of Rs 112-118 finally listed today. Readers would recall that Aster silicates which had 19 cases filed against it for cheque bouncing and had to give an exit option to investors to withdraw led to this […]
Posts Tagged ‘Aster Silicates’
Aster Silicates Issue subscribed
June 30th, 2010
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Aster Silicates Limited which had tapped the capital markets with its IPO in a price band of Rs 112 to Rs 118 to raise Rs 53 crs was oversubscribed. The issue received response from HNI’s and retail investors while QIB’s gave the issue a pass by with subscription for a mere 1% of the allocation. […]
AVOID Aster Silicates: Enough criminal cases to give you sleepless nights
June 27th, 2010
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Aster Silicates Limited is tapping the capital markets with an IPO which has opened on Thursday the 24th June and closes on Monday the 28th of June 2010. The issue is not being discussed and analysed simply because there are enough irregularities and risks associated with the company, which should make any prospective investor wary […]
