Tata Steel will be coming out with its FPO soon. In this regard there are going to be road shows held in Mumbai, Delhi, etc by the world’s 7th positioned, Jamshedpur based-steel maker, Tata Steel. The show is being planned to start on 20th of January in Mumbai. The reason behind this is to raise [...]
Punjab & Sind Bank, the only unlisted bank among the nineteen nationalized banks in India was founded by Government of India at Amritsar in 1908. Punjab & Sind Bank IPO made a debut in BSE with price of Rs 146. And on the very first day itself, it got 21.75% premium to open at Rs [...]
C Mahendra Exports Ltd, a diamond jewellery company was launched in 1978 and is coming with an IPO in Indian share markets. It deals in business of precious stones, diamonds and jewellery. The company is a well-furnished source of rough as well as polished diamonds. It manufactures and is a processor of diamonds and diamond [...]
To attract the retail investors and employees of SAIl (Steel Authority of India Ltd.), Government is planning to offer 5% discount on the issue price of FPO (Follow-on Public Offer) to them soon. It’s expected to raise more proceeds than the sale on shares of PSUs such as REC, NMDC and NTPC. The stock has [...]
Bids of worth Rs 24,120 crore on its final day made the initial public offering (IPO) of Punjab & Sind Bank to be subscribed 50.41 times. The issue got total bids of 201 crore shares as against 4 crore shares on offer, as per the data available with the National Stock Exchange. The IPO has received total [...]