RDB Rasayans Limited had tapped the capital markets with its IPO for 45 lac shares in a price band of Rs 72-79. The issue was subscribed with the help of retail investors who subscribed their portion 3.96 times even when they were aware that there is not even a single share bid by QIB’s. […]
Posts Tagged ‘RDB Rasayans’
RDB Rasayans IPO: Shares lists steady and then crashes to close 66% below issue price
October 10th, 2011
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RDB Rasayans IPO: Issue Subscribed
September 26th, 2011
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RDB Rasayans Limited which had tapped the capital markets with its IPO for 45 lac shares in a price band of Rs 72-79 was subscribed. The issue was to raise Rs 32.40 crs at the lower end of the price band and Rs 35.55 crs at the upper end of the price band. The issue […]
RDB Rasayans IPO: Expensive, limited size
September 23rd, 2011
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AVOID RDB Rasayans Limited is tapping the capital market which has opened on Wednesday the 21st of September and closes today the 23rd of September. The comp[any is issuing 45 lakh shares in a price band of Rs 72 to 79 and would raise Rs 35.55 crs at the upper end of the price band. […]
