Sudar Garments Limited, engaged in the manufacturing of garments for Mens wear, Womens wear and Kids wear, open for subscription today on (February 21, 2011) with a public issue of 90,88,000 Equity shares of Rs 10 each through 100% book building process.
Bangalore based IT services provider Acropetal Technologies' Rs 170 crore initial public offering (IPO) open for subscription today.
Sudar Garments Limited IPO to open February 21, 2011. The price band fixed at Rs 72 to Rs 77.
State-run Steel Authority of India's planned share sale has been put off to next fiscal year, which begins in April, Steel Minister Beni Prasad Verma said on Friday.
Steel Authority of India (SAIL) on Thursday said it will attempt to launch the Rs 8,000-crore follow-on public offer before the fiscal-end though submission of prospectus within February seems to be a difficult proposition.
Servalakshmi Paper, engaged in the business of manufacturing printing and writing paper and newsprint, has received SEBI nod for its proposed IPO. The company proposes to enter capital markets with a public issue of equity shares aggregating Rs 60 crore through 100% book building process.
The fluctuating markets may further delay the launch of state-run SAIL's follow-on public (FPO) offer. In an interview to CNBC-TV18, Steel Secretary, PK Mishra said that it will be difficult to launch SAIL FPO if market continues to be volatile.
The fluctuating markets may further delay the launch of state-run SAIL's follow-on public offer. The issue, which was scheduled to release this March, may now be launched only in the first week of April, reports CNBC TV18's Aakansha Sethi quoting sources.
Bangalore based IT services provider Acropetal Technologies' Rs 170 crore initial public offering (IPO) will open for subscription on February 21.
Apparel manufacturer Sudar Garments is entering capital market with a public issue of 90.88 lakh equity shares of Rs 10 each on February 21.
Fineotex Chemical (FCL) is entering the capital market with a public issue of 42,11,160 equity shares for cash at a premium by 100% book building route. The price band is set at Rs 60-72 per equity share of face value of Rs 10 each.
The BSE plans to introduce pre-opening trade in IPO stocks on the day of listing, a practice that is now permitted for Sensex stocks and 20 large-cap counters.
State-run Indian Oil Corporation on Thursday said its Rs 20,000-crore public offer is on hold due to unfavourable market conditions and rising global crude oil prices.
SAIL's follow-on public offer (FPO) will be launched only after the filing of the ONGC FPO, SAIL chairman CS Verma said, adding, "The FPO is likely to be filed before March-end and the pricing is yet to be decided. Also, the company has not yet filed the draft red herring prospectus (DRHP).
It was a disappointing close for the Omkar Speciality Chemicals on very first day itself due to weak market conditions.
SAIL's follow-on public offer (FPO) is set to hit the markets in March 2011 as the company sorts its issues with bankers, reports CNBC-TV18 quoting sources.
Cabinet has approved the PFC follow-on public offer (FPO) today, reports CNBC-TV18.
In an exclusive interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, Pravin Herlekar, Chairman and Managing Director of Omkar Speciality Chemicals says that the company sees the FY11 revenues to be at Rs 100 crore.
Omkar Speciality Chemicals is the new listing in the small-cap chemical segment. CNBC-TV18’s Udayan Mukherjee finds the stock uninteresting at the current levels.
Omkar Speciality Chemicals' shares started the first session at Rs 92, down 6% as compared to issue price of Rs 98 on National Stock Exchange. It was a disappointing session for the company.
Texmaco Rail & Engineering, formed after demerger of Texmaco Ltd, expects to get approval from the Indian capital market regulator to list on the stock exchanges soon, a senior official said on Wednesday.
The Vadodara-based Sanghvi Forging and Engineering has filed draft red herring prospectus with SEBI to raise Rs 42.50 crore through an initial public offer
Omkar Speciality Chemicals has fixed February 10 as a listing date for its equity shares, which recently issued via public issue.
The Securities and Exchange Board of India is set to make application supported by blocked amounts (ASBA) mandatory for non-retail investors from May 1.
Ratanchand Jewellers said on Monday it has filed initial papers with the regulator to raise up to Rs 1.5 billion via an initial share sale.