Shares of Power Mech Projects Limited listed on the exchanges yesterday and proved to be a disaster for its shareholders. The company had tapped the capital markets with its fresh issue of 21.28 lac shares and an offer for sale of 21.41 lac shares in a price band of Rs 615-640. The issue received excellent […]
Posts Tagged ‘Power Mech Projects Limited’
Power Mech Projects Limited – Listing day is a disaster – Share closes with losses of over 8%
August 28th, 2015
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Power Mech Projects Limited – Issue subscribed 38 times
August 12th, 2015
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The IPO from Power Mech Projects Limited which consisted of an offer for sale of 21,41,000 shares and a fresh issue of 21,28,000 shares. The total issue was for 42,69,000 equity shares in a price band of Rs 615-640. The company had earlier allotted the maximum 12,80,700 equity shares to anchor investors at the top […]
