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Indian nonbanking financial institution PTC India Financial Services' (PFS) initial public offering of 15.67 crore equity shares opened for subscription. KR Choksey has recommended subscribing the issue with long term view, in its research report dated March 15.
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PTC India Financial Services, Indian nonbanking financial institution promoted by PTC India, has fixed a price band at Rs 2628 a share for its initial public offering of 15.67 crore equity shares, as per advertisement in leading newspaper on Monday.
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Specialty chemical manufacturer Fineotex Chemical (FCL) witnessed huge buying interest in the second half of trade on listing day. The stock rallied 101.29% to end at Rs 104.90 as against issue price of Rs 70 a share
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Women's innerwear manufacturer Lovable Lingerie's initial public offering, which closes on March 11, has received huge response from investors on third day especially from qualified institutional investors; subscribed 10.33 times, as per NSE's website.
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Sudar Garments' IPO was subscribed 55% so far, according to NSE website. The company received total bids for over 50 lakh equity shares as against 90.88 lakh shares on offer in the price band of Rs 72 to Rs 77 a share.
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Texmaco Rail Engineering, formed after demerger of Texmaco Ltd, expects to get approval from the Indian capital market regulator to list on the stock exchanges soon, a senior official said on Wednesday.
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Media and entertainment company Midvalley Entertainment has fixed January 27 as a listing date for its equity shares, which recently issued via public issue. It has set an issue price at the higher end of Rs 6470 a share.
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