During the last ten days we had a unique situation in the Indian IPO markets. We had three back to back high profile IPO’s one after the other. All these issues were in a hurry to complete their offerings before overseas investors left on their annual Christmas and New Year holidays. First of the block [...]
Posts Tagged ‘IPO’
Cox and Kings: Anchor Investors
November 18th, 2009
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Cox and Kings (India) Limited allotted shares to nine investors comprising of FII’s and domestic mutual funds. The IPO from the company has a 50% reservation for QIB’s and therefore 30% of the QIB category was offered to anchor investors. The issue has been subscribed at the top end of the price band which is [...]
Astec Lifesciences: Issue Subscribed
November 5th, 2009
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The issue of Astec Lifesciences Limited closed yesterday and was oversubscribed 1.56 times. The total issue was for 75 lakh shares and subscription was received for 11733525 shares or 1.56 times. The breakup of applicants was as follows:- QIB 0.6072 Non institutional investors 2.9997 Retail Investors 2.3579 Employees 0.5010 Overall 1.56 Did you like this? [...]
