Adani Power which completed its maiden IPO during the last week of July 2009 is to list this week on Thursday the 20th of August 2009. The issue was very heavily oversubscribed and was the first IPO which introduced the concept of ‘Anchor Investors’. The anchor investor is made an allocation of shares from within […]
Posts Tagged ‘IPO’
Raj Oil Mills BSE debut
August 13th, 2009
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Raj Oil Mills Limited made its debut yesterday on the BSE. The company had come out with its maiden public issue in a price band of Rs 100 – 120 and shares were allotted at Rs 120. The response to the issue was a little muted as the investors felt the share was overvalued in […]
NHPC issue Oversubscription
August 13th, 2009
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The issue received excellent support and was very heavily oversubscribed. The subscription is as follows:- QIB 29.16 times HNI 56.70 times Retail 3.87 times Employee 0.56 times Overall the issue was oversubscribed 23.73 times and I believe this has beaten most people’s expectation. The cost for HNI’s based on 11.25% interest rate would now be […]
