Incorporated in 1908, Punjab & Sind Bank is a Government of India (GoI) undertaking bank started in Amritsar. They were one of the six banks nationalized by the Government of India in April 1980, and today, they are one of 19 nationalized banks in India. It was oversubscribed by 50…

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The government-owned Punjab &; Sind Bank (P&S) has priced its initial public offer at Rs 113-120 a share. P&S Bank, the only nationalized bank that remains unlisted, will raise Rs 452 crore to Rs 480 crore through this issue. The issue opens on December 13 and closes on Dec…

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Initial public offering of Punjab & Sind Bank subscribed 29.77 times on day three. It received bids for 1,190.65 million shares as against 40 million shares on offer. A total of 77.57 million bids were received at cut-off price. The price band has been set at Rs 113-120 a share. The…

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MOIL(Manganese Ore India) is likely to list on 15th of Dec’10 on NSE and BSE. The 3.36 crore equity shares’ initial public offering (IPO) received tremendous response from all investors’ categories and was subscribed 56.43 times. The price band for the issue was fixed at…

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The initial public offer (IPO) of state-run manganese producer MOIL was over-subscribed 2.37 times by the end of Day 2 of the issue on Monday, generating total demand for bids worth Rs. 2,979 crore. The initial public offer (IPO) of the manganese ore giant has so far attracted bids worth…

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MOIL Limited (MOIL), a Miniratna public sector unit, incorporated in 1896, is India’s largest producer of manganese ore by volume. The company has access to 21.9 million tonnes of proved and probable reserves and a total of 69.5 million tonnes of inferred indicated mineral resources out…

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Promoted Electrosteel Castings Limited (ECL), Electrosteel Steels Limited (ESL) plans to setup a 2.2 MTPA Integrated Steel and Ductile Iron Spun Pipes project in Jharkhand. ECL, the promoter company, manufactures Cast Iron pipes and Ductile Iron Spun Pipes with four manufacturing faciliti…

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SKS Microfinance Limited will open on July 28, 2010, a public issue of 16,791,579 equity shares of Rs. 10 each for cash at a price per equity share (including a share premium) (the “Issue”) consisting of a fresh issue of 7,445,323 equity shares and an offer for sale of 9,346,…

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Hindustan Media Ventures Ltd, a unit of HT Media, has fixed the issue price of Rs 166 a share for its Rs 269 crore initial public offerring (IPO), it said in a newspaper advertisement.Subscriptions to the 16.26-million-share offer closed on July 7, it added. The publisher of the third bi…

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Hindustan Media Ventures, a unit of newspaper publisher HT Media, will launch its 2.7 billion rupees ($58 million) initial public offering on July 5. The price band for the issue, which closes on July 7, will be decided two days before the open, said the company in newspaper advertisemen…

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