TD Power systems Limited listed on the BSE and NSE with the opening price being Rs 251.60 on the BSE and Rs 260 on the NSE. The company had issued shares worth Rs 227 crs in a price band of Rs 256-261. The issue was oversubscribed an overall 2.92 times thanks to the QIB […]
Posts Tagged ‘TD Power Systems’
TD Power Systems IPO: Sedate Start with share closing with gains of 7.5%
September 9th, 2011
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TD Power Systems IPO: Issue Subscribed
August 29th, 2011
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TD Power Systems Limited which had tapped the capital markets with its IPO to raise Rs 227 crs was subscribed. The price band was Rs 256-261. The market conditions during the period that the issue was open was very depressing and it indeed is a credit to the fundamentals of the company that they could […]
TD Power Systems: Good prospects but do not expect listing gains
August 26th, 2011
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Apply for the medium and long term TD Power Systems Limited (TDPS) is tapping the capital markets with its issue to raise Rs 227 crs in a price band of Rs 256-261. The company has allocated 13,04,550 shares to anchor investors at Rs 256. The issue has opened on Wednesday the 24th of August and […]