Indiabulls Power IPO subscribed 22 times on QIB support
Indiabulls Power’s initial public offer (IPO) closes for subscription today. It has been receiving an overwhelming response from the very first day. The issue has been subscribed 22 times so far, as per the data available on the NSE website.
QIBs (qualified institutional investors) supported the issue with their reserved portion being subscribed over 40 times, [...]
Euro Multivision loses 30% on day 1
Euro Multivision ended its first trading session below its issue price of Rs 75. It closed at Rs 51.85 on the NSE, at a huge discount of 30.87%.
On the NSE, the stock had listed at Rs 75. The share touched an intraday high of Rs 80.70 and an intraday low of Rs 51.65. The total [...]
Subscribe to Oil India IPO: Brokerages’ unanimous view
Oil India, the second largest oil and gas company in India, will come out with an initial public offering (IPO) of 26,449,982 equity shares of face value Rs 10 each. Its issue price has been fixed at Rs 950-1050 per equity share and it will raise around Rs 2,512.75-2,777.25 crore.
The issue comprises a net issue [...]