Venus Pipes & Tubes on Friday said it has fixed a price band of Rs 310-326 a share for its Rs 165-crore initial public offering (IPO). The initial share-sale will be open for public subscription on May 11 and conclude on May 13. The bidding for anchor investors will open on May 10, according to [...]
New Delhi, May 5 (PTI) LIC's public offer, the country's biggest-ever IPO, was fully subscribed on the second day of bidding on Thursday. Against 16,20,78,067 shares on offer, 16,68,60,765 bids were received -- translating into a subscription of 1.03 times, as per data on stock exchanges as of 7 pm. However, the Qualified Institutional Buyer [...]
New Delhi, May 5 (PTI) Supply chain company Delhivery on Thursday said it has set a price band of Rs 462-487 a share for its Rs 5,235-crore initial public offering (IPO), which will open for subscription on May 11. At the upper end of the price band, the company is valued at Rs 35,284 crore, [...]
New Delhi, May 5 (PTI) The initial share-sale of Venus Pipes & Tubes will open for public subscription on May 11. The public issue, comprising sale of 50.74 lakh equity shares of the company, will conclude on May 13. The bidding for anchor investors will open on May 10, according to the red herring prospectus (RHP). [...]
New Delhi, May 4 (PTI) LIC's public offer, the country's biggest-ever IPO, saw the policyholders' portion being oversubscribed on the first day itself on Wednesday, though overall subscription stood at 67 per cent. The government aims to generate about Rs 21,000 crore by selling 3.5 per cent stake in the insurance behemoth. LIC's initial public [...]
Mumbai, May 4 (PTI) Reserve Bank of India's surprise move to hike repo rate reflects that the central bank is taking inflation and inflationary expectations very 'seriously', veteran Banker Uday Kotak said on Wednesday. He expects a 100 basis points repo rate hike in the current fiscal. The RBI on Wednesday after an unscheduled MPC [...]
New Delhi, May 4 (PTI) LIC's public offer, the country's biggest-ever IPO, saw the policyholders' portion being oversubscribed on the first day itself on Wednesday, though overall subscription stood at just 66 per cent. The government aims to generate about Rs 21,000 crore by selling 3.5 per cent stake in the insurance behemoth. The LIC [...]
New Delhi, May 4 (PTI) LIC's public offer, the country's biggest-ever IPO, saw the policyholders' portion being oversubscribed on the first day itself on Wednesday, though overall subscription stood at just 0.66 per cent. The government aims to generate about Rs 21,000 crore by selling 3.5 per cent stake in the insurance behemoth. The LIC [...]
Mumbai, May 4 (PTI) Reserve Bank of India (RBI) has said that all ASBA-designated bank branches will remain open for public on Sunday to facilitate processing of applications for LIC's initial public offering. State-owned LIC's Initial Public Offering (IPO), the country's biggest ever offer, opened for subscription by retail and institutional investors on Wednesday. The [...]
Mumbai, May 4 (PTI) Reserve Bank of India (RBI) has said that all ASBA-designated bank branches will remain open for public on Sunday to facilitate processing of applications for LIC's initial public offering. State-owned LIC's Initial Public Offering (IPO), the country's biggest ever offer, opened for subscription by retail and institutional investors on Wednesday. The [...]
