The advancement of technology these days had definitely helped a lot of people make their work easier and faster. Among the new technologies applied or used by the Market regulator Sebi is called the e-IPO facility. This facility would allow its retail investors to have their bids submitted electronically. This project would be implemented in […]
Samvardhana Motherson Finance (SMFL), a component supplier company to Automobile industry is planning to raise 1, 665 crore through Initial Public Offer. This company currently markets its products to clients like Volkswagen group, BMW, Daimler, Renault, Nissan, Ford India, Volvo Car Corporation, Maruti Suzuki, Tata Motors, Honda Siel Cars India, Toyota, Kirloskar Motor and Fiat […]
MCX was subscribed 91 % on its first day on Wednesday. The investors registered bids worth amount of about Rs.50 lakh shares. These accounted for 90.7 % of about 55 lakh shares being sold through the 100 % book-building process.We had already told you about this IPO well before in hand. This is the first time […]
Reliance Communications registered themselves as the advisor for Stanchart and DBS for undersea cable unit Flag Telecom in Singapore which is a project of $ 1.5 billion (around Rs. 7, 500 crore). The IPO have involved RCOM selling as much as 75% stake for $1.5 billion in Flag Telecom, will be listed as a business […]
During the month of December, India Inc collected Rs. 5, 600 crore through initial public offers and rights issues. Securities and Exchange Boards of India reviewed that, in the month of November, India Inc was successful in collecting Rs. 1, 601 crore money by implementing two issues. India Inc In December 2011, India was successful […]
Multi commodity exchange (MCX) finally announced a priced for its shares, in its upcoming initial public offering. The price band is set at Rs 860 to Rs 1,032 per share, with its shareholders hoping to raise up to Rs 663 crore, through the IPO. The offer is set to hit the market, from Feb 22 […]
According to certain sources, the initial public offering (IPO) of the Multi Commodity Exchange (MCX) is expected to start on Feb 22 and close on Feb 24. Rated as India’s biggest commodity exchange by turnover, the CMX received approval by the capital market’s regulator to go ahead with the launch of IPO. The MCX is […]
According to sources, Reliance Communications is planning an initial public offering (IPO) of Reliance Globalcom in Singapore. Reliance may sell 75% stake in this company, through which Reliance Communications is looking forward to raising up to $1.5 billion. The company has a debt of nearly Rs 32,000 crore by the end of September 2011. To […]
