Den Networks limited has completed yesterday its placement to two anchor investments. The placement was done at Rs 205 which is the top end of the price band. The IPO has opened today and closes on Friday the 30th of October 2009. Anchor Investors Emerging India Focus Fund 18,25,020 Indea capital Pte Ltd – A/c […]
Posts Tagged ‘IPO’
Den Networks: Extremely Expensive – Avoid
October 25th, 2009
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Den Networks Limited (DNL) is entering the capital markets to raise between Rs 390 – 410 crs this week. The company is a cable television company with a service reach currently of 1cr homes. This business has very little transparency and therefore though the signal goes to 1cr homes, only 10% of them pay the […]
