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Manaksia investors gain over 50% on day 1
Jan 09, 2008 at 12:54
Investors in the public issue of Manaksia Limited were able to gain more than 50% on the vary first day of listing of the equity on the BSE here. As against the issue price of Rs 160 per equity share of Rs 2 each, the script intra-day jumped to Rs 248.70 with a combined volume of over 34 million equity shares on both the exchanges.
Manaksia targeting overseas mkt for better paced growth
Jan 08, 2008 at 10:00 | Source: CNBC-TV18
Manaksia has listed at Rs 180, a premium of 12.5% over its offer price of Rs 160 per share. Speaking to CNBC-TV18, Basant Kumar, MD, Manaksia Limited said that their FY09 sales target which stands at Rs 1200 crore is achievable. He added that they are targeting the overseas market and that their growth will be better paced.
Manaksia IPO subscribed 9 times
Dec 20, 2007 at 12:25
Manaksia Limited received an excellent response from investors and was subscribed 9 times. The Company had entered the capital market on 17th December 2007 with a public issue of 15,500,000 Equity shares of Rs.2 each at a price band of Rs. 140 to Rs. 160 per equity share and the issue closed on Wednesday.
BGR Energy Systems IPO subscribed over 112 times
Dec 13, 2007 at 12:59
The IPO of BGR Energy Systems Limited has received an excellent response from investors and it was subscribed 112.28 times
Manaksia IPO opens on Dec 17
Dec 10, 2007 at 16:39
Manaksia Limited, a multi division and multi location Company focusing on manufacturing of value added metal products and metal packaging products, proposes to tap the capital markets on 17th December 2007 with a public issue of up to 15,500,000 equity shares of Rs 2 each for cash at a price band of Rs 140-160 per equity share.
CARE reaffirms the ratings of Manaksia Ltd
Feb 19, 2007 at 11:53
CARE reaffirms the ratings of Manaksia Ltd

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