Archive for the ‘IPO’ Category

Mazagon Dock Shipbuilders Limited -Debuts with 48% gain, but closes 20% lower than open

Mazagon Dock Shipbuilders Limited which had tapped the capital markets with its offer for sale of 3,05,99,017 equity shares made its debut at the bourses yesterday. The company had issued shares at Rs 145. Its price band was Rs 135-145. The issue was open between Tuesday the 28th of September and Thursday the 1st of […]

With markets on a roll, book profits and stop loss open positions

The week gone by saw markets on a roll and score handsome gains on every day of the week. BSESENSEX gained 1,812.44 points or 4.68% to close at 40,509.49 points. NIFTY gained 497.25 points or 4.36% to close at 11,914.20 points. The broader indices saw BSE100, BSE200 and BSE500 gain 3.73%, 3.35% and 3.06% respectively. […]

Likhitha Infrastructure Limited – issue subscribed 9.51 times after extension

The primary issue from Likhitha Infrastructure which had tapped the capital markets was subscribed 9.51 times. The company was to issue 51 lac shares in a price band of Rs 117-120. The issue was open from Tuesday the 29th of September to Thursday the 1st of October. The issue failed to receive adequate subscription in […]

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