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Privatisation: Changing tracks aided Air India, derailed BPCL sale

New Delhi, Dec 19 (PTI) Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was [...]

Supriya Lifescience IPO subscribed 5.69 times on Day 2 of offer

New Delhi, Dec 17 (PTI) The initial share sale of Supriya Lifescience Limited received 5.69 times subscription on the second day of offer on Friday.The initial public offer (IPO) received bids for 8,27,05,698 shares against 1,45,28,299 shares on offer, as per NSE data.The category for Retail Individual Investor (RIIs) was subscribed 25.38 times, while non-institutional [...]

HP Adhesives IPO subscribed 20.96 times

New Delhi, Dec 17 (PTI) The initial public offer of HP Adhesives Limited was subscribed 20.96 times on the last day of subscription on Friday.The IPO received bids for 5,29,89,650 shares against 25,28,500 shares on offer, according to NSE data.The category for Retail Individual Investors (RIIs) was subscribed 81.24 times, non institutional investors 19.04 times, [...]

RateGain shares list with over 15 pc discount

New Delhi, Dec 17 (PTI) Shares of RateGain Travel Technologies Ltd on Friday listed with a discount of over 15 per cent against the issue price of Rs 425. The stock listed at Rs 364.80, a decline of 14.16 per cent from the issue price on the BSE. It further tumbled 19.45 per cent to [...]

HP Adhesives IPO subscribed 8 times on second day of subscription

New Delhi, Dec 16 (PTI) The initial public offer of HP Adhesives Limited was subscribed eight times on the second day of subscription on Thursday.The company's IPO received bids for 2,03,03,100 shares against 25,28,500 shares on offer, according to NSE data.The category for Retail Individual Investors (RIIs) was subscribed 40.29 times, non institutional investors 1.90 [...]

FHRAI urges Sebi again to suspend OYO’s IPO process

New Delhi, Dec 16 (PTI) Hospitality industry body FHRAI on Thursday again requested market regulator Sebi to suspend OYO's IPO process, citing non-disclosure of an investigation against the hotel chain for tax evasion, an allegation which the company has strongly denied. In a letter to the chairman of Securities and Exchange Board of India, Federation [...]

Data Patterns IPO subscribed 119.62 times

New Delhi, Dec 16 (PTI) The initial public offer of Data Patterns (India) Limited, which supplies electronic systems to defence and aerospace sector, closed with 119.62 times subscription on Thursday. The IPO on the last day of subscription received bids for 84,89,85,725 shares against 70,97,285 shares on offer, according to the NSE data. The category [...]

CMS Info Systems sets IPO price band at Rs 205-216/share

New Delhi, Dec 16 (PTI) Cash management company CMS Info Systems on Thursday said it has fixed a price band of Rs 205-216 a share for its Rs 1,100-crore initial public offering (IPO) that opens next week. The initial share-sale will open for public subscription on December 21 and close on December 23.The bidding for [...]