NTPC FPO Price band to be announced one day before issue opens

NTPC-logoThe price band for NTPC FPO will be announced one day before the issue opens. The issue is opening on Wednesday the 3rd of February and closing on Friday the 5th of February. The price band would appear as an advertisement on the newspapers on Tuesday the 2nd of February. Accordingly this website would also carry an article on the issue on the 2nd morning, as discussing any issue without a price is meaningless.

Thangamayil Jewellery IPO subscribed

Thangamayil Jewellery Limited’s IPO has been subscribed. The company had opened its IPO on Wednesday the 27th of January and closed on Friday the 29th of January 2010. The issue was to raise Rs 2875.25 lakhs in a price band of Rs 70-75.

Category Shares offered Shares Bid Subscription Ratio
QIB 1856833 1033280 0.5565
NII  557050 2118000 3.8022
Retail 1299786 1350800 1.0392
Employee 120000 86160 0.7180
TOTAL 3833667 4588240 1.20

Vascon Engineers IPO Subscribed

VasconVascon Engineers Limited IPO has been subscribed. The issue which opened on Wednesday the 27th of January 2010 and closed on Friday the 29th of January 2010.

Category Shares offered Shares Bid Subscription Ratio
QIB 6420000 7197085 1.1210
NII 1070000 3901030 3.6458
Retail 3210000 1990065 0.6200
Employee 100000 53515 0.5352
TOTAL 1080000 13141695 1.22
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