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 ‘Retail investors’
S H Kelkar and Company Limited – Issue subscribed
November 2nd, 2015
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PFC OFS – Retail investors Cut out at “CUT – OFF”
July 28th, 2015
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What was considered to be an excellent step in favour of retail investors boomeranged? The cut-off price as prevalent in IPO’s was introduced in OFS for the first time to make life easier for retail investors. What actually happened was that not a single share was allotted at cut off as the issue was subscribed […]
