Astec Lifesciences Limited which had tapped the capital markets with an IPO to raise Rs 61.5 crs by issuing 75 lakh shares in a price band of Rs 77-82 listed on both the NSE and BSE today. The issue was oversubscribed 1.56 times and the share price fixed at Rs 82. The share listed on […]
Archive for the ‘Listing’ Category
Astec Lifesciences Listing: Share trades in positive territory
November 25th, 2009
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Den Networks: Listing Day One
November 25th, 2009
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Overpriced share falls without significant deliveries – more pain to follow Den Networks Limited listed yesterday. It was the case of yet another IPO, yet another listing and yet another disaster. The IPO price band was Rs 195-205. The IPO was just about ‘managed’ and was subscribed. There was large scale withdrawals post the close of the […]
Den Networks Disastrous performance on listing day continues
November 24th, 2009
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The share which listed today continues its disastrous performance and is making new lows every hour. The share went below Rs 150 and made a low of Rs 149.50 on both the exchanges. The day’s average has also come down to Rs 160.29 on the BSE and Rs 160.40 on the NSE. Traded volumes are […]
