Chennai-based wind turbine manufacturer ReGen Powertech intends to come out with its initial public offering next year and plans to raise between Rs 400 crore and Rs 500 crore from the market, the company's Managing Director, Mr Madhusudan
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Shares of Vaswani Industries got hammered on first day of the listing, falling as much as 71% to Rs 14 - an intra-day low - from its issue price of Rs 49 a share. The stock listed after a gap of almost five months; it came under SEBI investigation for large nu
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M and B Switchgears showed stellar performance in the last couple of hours of trade on Day 1, surging as much as 91% to touch an intra-day high of Rs 356 a share on the National Stock Exchange. However, the stock traded below issue price of Rs 186 a shar
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Flexituff International, a leading integrated manufacturer of flexible intermediate bulk containers (FIBC), has witnessed 131 bulk deals on listing day. A share closed with 7% premium at Rs 165.55 on National Stock Exc
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Transformer manufacturer M and B Switchgears opened with 2% gap up at Rs 190 as against issue price of Rs 186 per share. However, the stock failed to hold the issue price in the early trade itself.
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Steel Authority of India and Hindustan Copper have independently shelved plans to raise capital by fresh issue of equity shares in a follow-on public offer (FPO).
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In a fresh round of communication, Lilliput KidswearÂ’s promoter has written to banks seeking appointment of two new auditors for re-audit. The promoter has once again refuted the allegations made by PE investors Bain and TPG, assuring the banks of returning dues in time, reports CNBC-TV18's Siddharth Zarabi.
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Information-technology firm Taksheel Solutions (TSL) has disappointed investors on listing day itself, falling 74% to touch an intra-day low of Rs 39.10 on the National Stock Exchange. The stock tumbled 61%, to close at Rs 58.15.
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Flexituff International, a leading integrated manufacturer of flexible intermediate bulk containers (FIBC), closed with 7% premium at Rs 165.55 a share on listing day.
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As the government grapples with a huge revenue gap, there finally seems to be some action on the disinvestment front. CNBC-TV18 learns that the much delayed ONGC follow-on public offer (FPO) might see the light of the day soon, reports CNBC-TV18's Aakanksha Sethi.
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ICRA has come out with its report on IPO grading on Asian Logistics
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Flexituff International, a leading integrated manufacturer of flexible intermediate bulk containers (FIBC), started the trade at Rs 156.90 on National Stock Exchange - above its issue price of 155 a share on Day 1.
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Information-technology firm Taksheel Solutions (TSL) managed to open above issue price of Rs 150 and touched a high of Rs 161.90 in early trade on National Stock Exchange.
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Sources indicate that Lilliput investors may have to approach the company law board and may seek to enforce a fresh audit demand, reports CNBC-TV18's economic policy editor Siddharth Zarabi.
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Transformer manufacturer M and B Switchgears is going to list its equity shares on exchanges on Thursday, October 20, 2011. It has fixed the issue price at higher end of price band of Rs 180-186 a share.
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