Shares of Mumbai based non-banking finance company BCB Finance closed at its lower circuit limit of Rs 25.70 on listing day on the BSE. It is a small medium enterprise that raised Rs 8.85 crore via public issue and is the first company listed
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The public issue by Olympic Cards has received good response from investors and has been fully subscribed, according to information available on BSE site.
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UIC Udyog, proposes to set up facility for manufacturing of steel wires and wire products with an installed capacity of 1,80,000 MTPA including Galvanizing capacity of 1,00,000 MTPA at Bharuch in Gujarat with a total investment of Rs.50800 lakhs.
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BCB Finance opened at Rs 27.8 in pre-opening session, 11.2% higher as compared to issue price of Rs 25 a share on the BSE. It saw trades in a price range of Rs 30-27 (higher and lower price in pre-opening session).
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Notwithstanding Crisils poor rating, Olympic Cards IPO pricing does not look untenable considering the companys dividend record, promoters long standing track in business and OLYMPIC brands popularity in South India.
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MCX IPO may be the lone shining star in the IPO market. The year 2012 has already seen call-off of 11 IPOs, says Jagannadham Thunuguntla, Strategist Head of Research, SMC Global Securities Limited.
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MCX IPO may be the lone shining star in the IPO market. The year 2012 has already seen call-off of 11 IPOs, says Jagannadham Thunuguntla, Strategist Head of Research, SMC Global Securities Limited.
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MCX puts up a stellar IPO: Here is all you want to know about it
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The government has once again initiated moves for a follow-on-public offer in Neyveli Lignite Corporation.
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A share of MCX, India's largest commodity exchange, shut shop with gains of 25.68% or Rs 265.05 at Rs 1297.05 on the BSE. It touched an intraday high of Rs 1,426 and an intraday low of Rs 1,282.10.
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It is the first big ticket IPO of 2012 and today, India's leading commodity exchange the MCX will list its shares expectedly at a premium on the bourses.
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Multi Commodity Exchange of India (MCX) may also list its equity shares on the National Stock Exchange today with symbol - MCX.
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A share of MCX is at Rs 1387, up 34.40% over issue price of Rs 1032 in a pre-opening session on the BSE.
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A share of MCX, India's largest commodity exchange, shot up 38% on opening to trade at Rs 1425 as against issue price of 1032 on the BSE.
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Shares in Multi Commodity Exchange (MCX) rose more than 37% on their trading debut on Friday, indicating a revival in investor appetite for share offerings after a lacklustre 2011.
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