1 vote
The companys crude production increased by 12% and gas was up 8% last year. The current oilgas mix stood at 60:40, Oil Indias CMD Borah says, which is likely to be maintained.
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The government should price Oil India's issue at Rs 950, says Udayan Mukherjee. See why.
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The high net worth individual (HNI) response to the Oil India IPO has been very poor. CNBCTV18s Haresh Soneji reports that the non institutional investors NII category was subscribed 0.04 times.
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1 vote
The initial public offering (IPO) of Oil India (OIL), the second largest oil and gas company in India, has received remarkable response from investors, especially QIB (qualified institutional investors).
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The ministers panel has fixed Oil India's (OIL) initial public offering (IPO) price at Rs 1,050 a share, informed Oil Secretary RS Pandey. The company will list its equity shares on the bourses on September 30, 2009, Wednesday, reports CNBCTV18.
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SP Tulsian and VK Sharma were divided in their opinion on the Pipavav Shipyard's initial public offering.
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SP Tulsian of sptulsian.com said if someone had a long term view and compared with other brewery stocks, Globus Spirits looked quite attractive. Overall with FY10, the management is indicating an EPS of Rs 1314. For FY11, with all these projects going operational on a full year basis, it could result in about Rs 18 EPS.
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1 vote
With its plans to increase its operations and reach, Shree Ganesh Jewellery House Limited, one of the largest manufacturers and exporters of handcrafted gold jewellery, has planned to hit the capital market to raise funds through an initial public offering (IPO) for which it has filed DRHP with SEBI.
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1 vote
Pipavav Shipyard ended its first trading session at a discount of 1.72% to its issue price of Rs 58. The share closed at Rs 57 on the NSE.
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Entertainment World Developers (EWD), in which Phoenix Mills holds 40%, is planing to raise Rs 400500 crore via IPO (initial public offering). EWD focusses on retail, residential projects in tier 2 market, reports CNBCTV18.
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1 vote
As a part of its divestment programme, the government has announced that they would sell 10% stake in India's largest public sector steel company, SAIL via a follow on public offer. It will also issue fresh shares, reports CNBCTV18 quoting DowJones.
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1 vote
The Initial Public Offering (IPO) of Stateowned telecom major Bharat Sanchar Nigam (BSNL) Ltd has been deferred.
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