July 20, 2018 07:49 PM IST
The category reserved for qualified institutional buyers (QIBs) was subscribed 13.47 times, non institutional investors 5 times and retail investors 62 percent, merchant banking sources said.
July 20, 2018 12:48 PM IST
GEPL Capital has come out with its report on HDFC Asset Management Company. The research firm has recommended to "Subscribe" the IPO in its research report as on July 19, 2018.
July 20, 2018 12:06 PM IST
The IPO, to raise Rs 1,125-crore, received bids for 3.51 crore shares against the total issue size of 1.09 crore shares, data available with the NSE as of 3 pm showed.
July 18, 2018 07:55 PM IST
The IPO is of 1,57,14,038 shares, including anchor portion of 47,14,210 shares.
July 18, 2018 05:55 PM IST
HDFC Chairman, Deepak Parekh wants to grow Ergo General Insurance a little more before taking it public.
July 18, 2018 03:31 PM IST
ICICI Direct has come out with its report on TCNS Clothing Co. The research firm has recommended to "Subscribe" the IPO in its research report as on July 17, 2018.
July 18, 2018 10:50 AM IST
At 46.6 times trailing twelve month earnings, the stock seems fully priced, notwithstanding the fact that it is still valued at a discount to the industry average.
July 18, 2018 10:27 AM IST
The company is planning to use the cash to fund its inorganic growth initiatives, repay part of its debt and to meet its working capital requirements.
July 18, 2018 09:18 AM IST
Given the decent financials, mature valuations and growth prospects, majority of brokerage houses are of the view that investors can subscribe the issue with a long term perspective, but not for listing gains.
July 18, 2018 09:10 AM IST
TCNS Clothing has allotted 47,14,210 equity shares to 18 anchor investors at Rs 716 per scrip, garnering Rs 337.54 crore, according to a regulatory filing.
July 17, 2018 04:52 PM IST
Bids can be made for a minimum lot of 13 equity shares and in multiples of 13 equity shares thereafter.
July 17, 2018 03:02 PM IST
TCNS Clothing intends to raise Rs 1,121.98 crore at lower end of price band and Rs 1,125.13 crore at higher end of price band.
July 17, 2018 02:50 PM IST
Funds raised through initial public offers (IPOs) were used for business expansion plans, working capital requirements and other general corporate purposes, as per the offer documents.
July 17, 2018 12:02 PM IST
Hem Securities has come out with its report on TCNS Clothing Co. The research firm has recommended to "Subscribe" the IPO in its research report as on July 17, 2018.
July 16, 2018 06:55 PM IST
PN Gadgil & Sons' public issue will see sale of shares to the tune of Rs 500 crore, as per the IPO papers.
July 16, 2018 05:06 PM IST
Prabhudas Lilladher has come out with its report on TCNS Clothing Co. The research firm has recommended to "Subscribe" the IPO in its research report as on July 13, 2018.
July 16, 2018 03:55 PM IST
The IPO comprises fresh issue of shares worth Rs 90 crore, besides an offer for sale of up to 55 lakh equity shares by Affle Holdings, according to draft papers filed with Securities and Exchange Board of India (Sebi).
July 15, 2018 02:10 PM IST
Reviving its IPO plan after eight years, the company had in April filed the draft red herring prospectus (DRHP) with the Sebi seeking approval to float an initial share-sale.
July 15, 2018 01:46 PM IST
IRCON had filed papers with the Securities and Exchange Board of India (Sebi) for the IPO, through which the government will divest 10 per cent stake or over 99 lakh shares. "Sebi gave its nod for IRCON IPO on July 13," an official told PTI.
July 15, 2018 10:10 AM IST
The first among the lot would be TCNS Clothing, which sells its products under W, Aurelia and Wishful brands, that will launch its Rs 1,125-crore initial share-sale this week.
July 11, 2018 01:21 PM IST
The issue will be entirely comprised of an offer for sale (OFS), through which the company's existing shareholders will divest 25.63 percent stake. It will open on July 18 and close on July 20
July 06, 2018 04:02 PM IST
The stock has touched an intraday high of Rs 1,062 and an intraday low of Rs 1,000.
July 06, 2018 10:04 AM IST
The Rs 1,955-crore initial public offering was oversubscribed 3.59 times during June 26-28, driven by strong interest from institutional investors.
July 05, 2018 09:12 AM IST
The final issue price of Varroc Engineering is fixed at higher end of price band.
July 03, 2018 02:13 PM IST
The company had filed its draft papers with the Securities and Exchange Board of India (Sebi) in February and received its "observations" on June 22, which are necessary for every firm to launch public issue, latest update with the markets watchdog showed.
