Indian land developer Lavasa Corp, majorityowned by Hindustan Construction Co Ltd, has filed for a Rs 200 crore ($445 million) initial public offer, HCC's Chairman Ajit Gulabchand said on Sunday.
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On November 12, 2010, Hindustan Copper share saw sharp decline, the stock closed at at Rs 407.20, down Rs 33.95, or 7.7%.
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Miniratna public sector enterprise and largest producer of manganese ore by volume in India MOIL is set to hit capital markets soon. It is looking to raise Rs 1000 crore via 20% dilution.
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ABM Equity Research has come out with its report on Power Grid FPO. According to research report investors can subscribe to Power Grid at higher band of Rs 90.
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Indian real estate firm Embassy Property Developments hopes to launch a Rs 2400 crore (USD 540 million) IPO in the next two months to raise funds to meet demand for space from the information technology sector.
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The followon public offer (FPO) of India's biggest interstate transmission company Power Grid Corp is set to open for subscription on November 09, 2010.
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The month of October was a bad for the IPO Index but not for the market and particular stocks in IPO Index. The BSE IPO Index, which tracked performance of companies for two years after listing, plunged 4% to 2,156.96.
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CRISIL has assigned a grade of 4/5 to the proposed IPO of Embassy Property Developments, in its research report dated October 29, 2010.
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CNBCTV18s managing editor Udayan Mukherjee feels BS Transcomm will not perform well and might be discounted.
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divestment secretary Sumit Bose says the government is very happy particularly with the phenomenal response that the Coal India IPO has received from the retail segment. The government is clearly overjoyed by the blockbuster response to the issue.
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Shares of Mumbai based real estate company Oberoi Realty closed the first session on exchanges at a premium.
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The Government had decided to launch the IPO of Manganese Ore India (MOIL) by endNovember, as SAIL gets ready to place more shares in the market, reports The Hindu Business Line.
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The initial public offer (IPO) of India's largest coal producing company Coal India (CIL) has been subscribed 0.74 times (74%) so far on the back of good response from qualified institutional investors (QIBs).
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Shares of Commercial Engineers Body Builders Co (CEBBCO), a manufacturer of vehicle and locomotive bodies for diverse applications for road and railways transportation, settled below its issue price account of selloff as well as nervousness in markets.
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The initial public offer (IPO) of India's largest coal producing company Coal India (CIL) has opened for subscription. It has been subscribed just 0.34 times on day one, as per NSE website.
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