Jaypee Infratech, a part of Jaypee Group, is entering capital market with a public issue on April 29, 2010. It is aiming to raise a maximum of Rs 23.5 billion (USD 530 million). Infrastructure development company has fixed the price band for issue at Rs 102-117 a share and the issue will…
This IPO will be game-changer for shipyard industry: Pipavav
Posted on: September 19th 2009 in Stock News.
ET: The initial public offer of India’s largest dockyard Pipavav Shipyard was oversubscribed by 8.24 times with the retail segment getting oversubscribed by two times on Friday the day of the closing. Data with the stock exchanges shows that the QIB segment was subscribed 10.63 times, …
Govt mulls stake sale along with IPO in SAIL
Posted on: August 27th 2009 in Press Releases.
NEW DELHI: The government is considering divesting some of its stake in the country’s largest steel producer SAIL and the same may be discussed in the PSU’s board meeting scheduled tomorrow. The equity sale could go along with the proposed public issue of the PSU and it is …
Allied Blenders to raise Rs 250 cr through IPO
Posted on: August 27th 2009 in Press Releases.
Bangalore: Kishore Chhabria’s Allied Blenders & Distillers (ABD) will finally go ahead with its IPO to raise about Rs 250 crore for funding its expansion plan which includes setting up of distilleries and launch of new brands. ABD’s Executive Vice-Chairman and Chief Exec…
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