The simultaneous fresh issue to raise Rs 210 crs and an offer for sale of 1.31 cr shares in a price band of Rs 173-180 was oversubscribed. The issue received oversubscription in all categories and it appears that HNI’s went berserk subscribing the issue over 87 times. Even assuming that the margin paid was a […]
Posts Tagged ‘Primary market’
S H Kelkar and Company Limited – Issue subscribed
November 2nd, 2015
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Post listing performance key for primary market buoyancy
October 19th, 2015
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Primary market is buzzing with high profile issues but will that revive the primary market is the moot question. Coffee Day Enterprises Limited the holding company of Café Coffee Day or what is probably better known as CCD has just completed its IPO to raise Rs 1,150 crs. The company had appointed quite a few […]
Primary market mayhem last week
August 31st, 2015
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The heading of my last week’s article was “China and our Primary Markets”. How apt it turned out to be where a mere 5% fall on Monday and a net 3.5% over the week knocked the wind out of the primary markets. The listing of Power Mech was at a discount of over 8% even […]
