The month of April is over and May, the hottest month of the year has commenced. The silver lining to this month is the availability of fruit like mangoes and looking forward to the prospects of monsoon breaking over parts of the country towards the end of the month. Temperatures in the countries capital are […]
Posts Tagged ‘HNI’s’
Precision Camshafts Limited – Issue subscribed 1.92 times
February 1st, 2016
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The issue from Precision Camshafts Limited which comprised of a fresh issue of Rs 240 crs and a secondary offering of 91.5 lac shares in a price band of Rs 180-186 was oversubscribed. This incidentally was the first issue where it was mandatory for retail investors to compulsorily apply through ASBA. While the retail portion […]
Monte Carlo Fashions Limited – Issue subscribed but HNI’s avoid the issue
December 8th, 2014
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Monte Carlo Fashions Limited which had tapped the capital markets with its offer for sale of 54.33 lac shares in a price band of Rs 630-645 was oversubscribed 7.83 times but the hyped issue which was expected to do very well with HNI’s failed to entice them. Why? What went wrong? We all know that […]
