Is applying by leveraging worth it? In the current IPO season the first issue to receive overwhelming support was NHPC. The issue was oversubscribed an overall 23.74 times. The individual break up was as follows QIB 29.11 HNI 56.56 Retail 3.87 Employee 0.57 Overall 23.74 times total applications received 12, 84,390. For purposes of this […]
Posts Tagged ‘NHPC’
Adani Power Listing price
August 20th, 2009
1 Comment
The first of mega issues in the current IPO boom Adani Power was listed today at the BSE and NSE. The listing ceremony was held at the BSE. The stock which was issued at Rs 100 listed at Rs 105, a gain of Rs 5.00 or 5.00 % on the BSE. The listing price on […]
NHPC issue Oversubscription
August 13th, 2009
1 Comment
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 […]
