Mumbai: Pipavav Shipyard announced on Tuesday that it has fixed it IPO price at Rs 58. This is Rs 2 less than the upper band. The price band for the company’s 8.5 crore shares issue was fixed at Rs 55-60. Pipavav’s IPO, which closed on September 18, was subscribed close to …
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Pipavav Shipyard IPO fully subscribed
Posted on: September 22nd 2009 in Press Releases.
Mumbai: The initial public offer ( IPO) of the private sector shipbuilder, Pipavav Shipyard, on Wednesday got fully subscribed in the very first hour of its first day of subscription. Pipavav Shipyard, which expects to raise as much as Rs 513 crore through its public offer, received bids …
Should you invest in Pipavav Shipyard IPO?
Posted on: September 14th 2009 in Stock Views.
Investors with a low risk appetite can give the initial public offer ( IPO) of shipbuilder Pipavav Shipyard a miss; the offer does not appear to be a compelling investment option at this point in time given the lack of an operational track record, relatively attractive valuations of liste…
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