Astec Lifesciences Limited which had recently launched its IPO is to list its shares on Wednesday the 25th November 2009. The issue was open between the 29th of October and the 4th of November. The company had a price band of Rs 77 -82 and the discovered price was at the top end of Rs 82. The issue was oversubscribed 1.56 times.
The issue had received good support from the non-institutional and retail investors.
Den Networks limited is to list its shares on Tuesday the 24th of November 2009. The company had launched its IPO recently and had just about managed to have the IPO subscribed. The issue was oversubscribed a mere 1.0004 times and appeared that the over subscription was ‘managed’.
The IPO was in a price band of Rs 195-205 and the discovered price was Rs 195. The price post listing and at day’s end would indicate the interest and the fundamentals of the company.
| Name | Date of listing | Issue Price | closing price | closing price | gain loss | change over |
| 20th Nov | 13th Nov | over week | Issue price | |||
| Thinksoft Global | 26th Oct | 125 | 279.95 | 253.65 | 10.37 | 123.96 |
| Indiabulls Power | 30th Oct | 45 | 33.05 | 35.10 | -5.84 | -26.56 |
