1 vote
GSS America Infotech is soon coming out with an IPO of 34.97 lakh shares at a price band of Rs 400440. Speaking to CNBCTV18, Bhargav Marepelly, CEO and MD, GSS America Infotech, said majority of their revenues come from the US. He added that top ten clients contribute about 24% of revenues at this point of time.
read more »
8 votes
The initial public offering (IPO) of OnMobile Global, a leading provider of telecommunications value added software products and services in India with an expanding international presence, has received good response and subscribed 10.93 times.
read more »
4 votes
Crisil has come out with report on Vascon Engineers IPO. The firm has assigned its IPO Grade 3/5 to the proposed initial public offering of Vascon Engineers (VEL). VEL proposed public issue of 10,680,000 equity shares aims to raise Rs 3 billion to Rs 4 billion.
read more »
3 votes
Wockhardt Hospitals, one of the largest private healthcare services companies in India based on the number of hospital beds, is entering capital market with an IPO of 25,087,097 equity shares of Rs 10 each. SPA Securities has advised to ignore the issue.
read more »
1 vote
Rajesh Jain, Director CEO at Pranav Securities believes that REC has been offered at a good price. It is excellent pedigree and leaves some upside on the table for investors. It is certainly an issue worth subscribing to, he said.
read more »
1 vote
The IPO of the staterun Rural Electrification Corporation (REC) got subscribed within just 27 minutes of its opening yesterday. The issue was subscribed 2.14 times with the company receiving a total bids for 33.45 crore shares.
read more »
1 vote
Bang Overseas, a provider of fashion fabrics and readytowear requirements in apparel, textile and retail segment, has listed at Rs 250 as against its issue price of Rs 207. On the back of buying spree, it touched a high of Rs 269.9 in early trade though it hit its issue price but still managed to hold above that issue price.
read more »
1 vote
REC is a reasonably priced issue, it is one of the best priced IPOs in the recent months perhaps because it has come from the governments table. It should go through and retail should not shy away because their experience with some of the other recent issues has not been good.
read more »
1 vote
1 vote
According to CNBCTV18's Varinder Bansal, around 50% of the issue size of Tulsi Extrusions is being held by only six applicants or 22% of equity of the company is held by only six applicants. CNBCTV18 contacted the company to know the identities of the six people or the six QIBs. But the company refused to comment
read more »
1 vote
Anus Laboratories, engaged in the manufacture of basic, advanced intermediates and fine chemicals and supplying them to various drug manufacturers, opens for subscription today with a public issue of 38,20,000 equity shares of Rs 10 each through 100% book building process.
read more »
1 vote
Gokul Refoils and Solvent's issue has opened for subscription with its initial public offering (IPO) of 71.58 lakh equity shares of face value Rs 10 each. Arihant capital markets has come out with a report on Gokul Refoils and Solvent's IPO. It has recommended investors to ignore the issue.
read more »
1 vote
The Enforcement Directorate has filed a complaint before the Adjudicating Authority under the Prevention of Money Laundering Act against some of the accused in the IPO scam. These accused entities shares have also been attached, said an ED official reports The Hindu Business Line.
read more »
1 vote
Bafna Pharmaceutical issue has opened for subscription with its initial public offering (IPO) of 64,00,000 equity shares of face value Rs 10 each. ICICI direct.com has come out with a report on Bafna Pharmaceutical's IPO. It has recommended investors to subscribe the issue.
read more »
1 vote