Archive for the ‘General’ Category

Bharat Dynamics Limited – Issue Subscribed 1.30 Times

The offer for sale from Bharat Dynamics Limited was subscribed. The company had tapped the capital markets with its offer for sale of 2,24,51,953 shares in a price band of Rs 413-428. There was a discount of Rs 10 for eligible employees and retail investors. The issue was open from Tuesday the 13th of March […]

Bandhan Bank Limited – Completes Anchor Allocation

Bandhan Bank Limited which is tapping the capital markets with its simultaneous issue completed allocation to anchor investors. The company is issuing 9,76,63,910 new shares and selling 1,40,50,780 shares through the offer for sale route. The price band is Rs 370-375. The company allotted 3,57,84,147 shares to 65 anchor investors comprising of 94 entities. The […]

Primary Market Rush as Yearend Approaches

The week gone by was tough on the markets and we refused to respond to global cues particularly Dow Jones. While the Dow gained 796.68 points or 3.14% to close at 25,334.74 points, BSESENSEX lost 739.80 points or 2.72% to close at 33,307.14 points. We also made a new low during the week, breaking the […]

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