Raj Oil Mills Limited made its debut yesterday on the BSE. The company had come out with its maiden public issue in a price band of Rs 100 – 120 and shares were allotted at Rs 120. The response to the issue was a little muted as the investors felt the share was overvalued in […]
Posts Tagged ‘Equity Shares’
NHPC issue Oversubscription
August 13th, 2009
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The issue received excellent support and was very heavily oversubscribed. The subscription is as follows:- QIB 29.16 times HNI 56.70 times Retail 3.87 times Employee 0.56 times Overall the issue was oversubscribed 23.73 times and I believe this has beaten most people’s expectation. The cost for HNI’s based on 11.25% interest rate would now be […]
NHPC IPO – Must sell on listing day
August 8th, 2009
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NHPC Limited is tapping the capital markets with a public issue and an offer for sale which began on Friday the 7th August and closes on Wednesday 12th August. The offer for sale is for 5% of the present holding of the government and the fresh issue is for double the amount. The total shares […]
