Standard Chartered Bank PLC listed its IDR at the BSE and NSE respectively. The IDR’s were issued at Rs 104 with a discount of 5% to retail investors. Yesterday the closing price in London converted into Indian Rupees was Rs 1130 per share or Rs 113. The expected discount of between 6 to 8% is […]
Posts Tagged ‘Standard Chartered’
Standard Chartered Bank IDR listing morning: Sedate start
June 11th, 2010
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Standard Chartered Bank PLC IDR Issue listing
June 11th, 2010
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Standard Chartered Bank PLC would be listing its IDR’s today the 11th of June 2010. The bank had issued a total of 24 cr IDR’s with each IDR equal to 1/10th of a share. The price band was between Rs 100-Rs 115 and the price fixed was Rs 104. On the day of the closure […]
Standard Chartered Bank IDR subscribed
May 29th, 2010
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Standard Chartered Bank PLC which had tapped the markets with India’s first ever IDR issue was fully subscribed. The issue had opened on Tuesday the 25th of May and closed on Friday the 28th of May. The price band for the issue was Rs 100-115 and retail investors are to be given a discount of […]