SCI which had launched its FPO which closed on Friday the 3rd of December was subscribed and received excellent support from retail investors. The issue was subscribed an overall 4.92 times and a staggering 6.56 times by retail investors. The issue comprised an offer for sale and a fresh offer and the total size was […]
Archive for the ‘FPO’ Category
SCI FPO subscribed almost 5 times: Retail subscribers lap up issue
December 5th, 2010
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SCI FPO: Subscribe with a minimum three month horizon for decent returns
December 1st, 2010
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SCI has launched its FPO which includes an offer for sale and a fresh issue as well. The issue is for a total of 846.9 lakh shares which comprises half by way of fresh issue and half by way of offer for sale. The price band is Rs 135-140 and retail investors and eligible […]
Power Finance Corporation FPO cleared
November 30th, 2010
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PFC has received the consent of the ministry of power to go ahead with its FPO. The issue would consist of fresh dilution of 15% and an offer for sale of 5%. Based on yesterday’s closing price of Rs 316.50 and assuming roughly 22.95 cr shares the issue size would be in the region of […]
