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The response to the initial public offering (IPO) of Hathway Cable and Datacom, a cable television services provider, was lukewarm. The issue was subscribed just 1.34 times, as per data available on the NSE website. The 277.5 lakh equity shares IPO closed today.
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Hindustan Copper continues to buzz after the Minister of Mines approved divestment. The management told CNBCTV18 that due diligence for the FPO will start after the cabinet's nod.
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The 22,670,447 equity shares IPO of Jubilant FoodWorks, Domino's business operator in India, opened for subscription. Angel Broking has recommended a subscribe view to the IPO for investors with a longterm investment horizon.
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Construction company, MBL Infrastructure has listed at Rs 185 as against issue price of Rs 180 per share on the NSE. At 9:17 hours IST, the share was trading at Rs 210.50, a premium of 16.94%. It has touched an intraday high of Rs 219.40 and low of Rs 185.
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HDFC Securities has come out with a research report on Infinite Computer Solutions (ICS) IPO. The research firm said investors willing to take risk could subscribe for listing gains.
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Jubilant FoodWorks is entering capital markets with an initial public offering (IPO) of 22,670,447 equity shares of Rs 10 each on January 18, 2010. The issue will close on January 20, 2010. Leading pizza retailer Dominos India is run by Jubilant FoodWorks.
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MBL Infrastructures closed its first session with a huge premium of 14.44% at Rs 206 as against issue price of Rs 180 per share on the NSE. The stock has witnessed 32 bulk deals, including 22 deals on NSE and the rest on BSE.
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NTPC is betting on higher valuations for its upcoming followon public offering, thanks to the new `French auction' model slated to be tried out for the institutional portion of the proposed share sale.
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The initial public offering (IPO) of Jubilant FoodWorks, the Domino's business operator in India, has been subscribed 3.46 times so far, as per data available on the NSE website.
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Nirmal Bang has come out with a research report on Jubilant Foodworks IPO (initial public offering). The research firm said current valuations of the company looked steep.
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