The long delayed, controversy ridden and unique IPO from Vaswani Industries finally listed on “Dhanteras” day on the BSE and NSE. The company had issued 1 crore shares in a price band of Rs 45-49 which was subscribed with the help of friendly intermediaries. The QIB portion was undersubscribed with a mere 16% of […]

Vaswani Industries Limited which had tapped the capital markets with its IPO for 1 crore shares in a price band of Rs 45-49 was fully subscribed. HNI’s and retail have subscribed to the issue while the response from QIB’s was fairly muted and a mere 16% of the QIB quota was subscribed. The overall issue […]

HNI subscription on day 2 indicates listing day drama likely Vaswani Industries Limited is tapping the capital markets with its IPO which has opened on Friday the 29th of April and closes on Tuesday the 3rd of May. The company is issuing 1 cr shares in a price band of Rs 45-49. At the end […]