Oct 05, 2016 09:04 AM IST
The Aurangabad-based company aims to mop up nearly Rs 1,162 crore (at higher end of price band) by diluting 17.5 percent stake through the issue that will close on October 7. It already raised Rs 348.52 crore through anchor investors' portion on Tuesday, the day before issue opening.
- Jul 20, 2016 09:00 AM IST
Most analysts seem to be impressed with the IPO and recommend subscribing it. The proceeds of the fresh issue will be used towards repayment/pre-payment of certain loans availed by Advanced Enzymes USA and general corporate purposes.
- Jul 11, 2016 08:12 AM IST
L&T Infotech‘s sales and profit have grown at a CAGR of 13.50 percent and 18.20 percent respectively through FY 14-16.
- Oct 27, 2015 07:48 AM IST
Most analysts are bullish on the IPO and believe the price band is reasonable going by the company profile business model.
- Aug 24, 2015 08:41 AM IST
Given the company's future growth potential through strong expansion plan with IPO proceeds, dedicated infrastructure, and strategically located CFSs in close proximity to Jawaharlal Nehru Port, majority of brokerages and analysts advise subscribing the issue.
- Mar 18, 2015 05:17 PM IST
Brokerages as well as experts believe Inox Wind is a very good IPO. Considering its strong order book, government‘s initiative to boost renewable energy sector and healthy response to anchors‘ book, investors can subscribe to the issue, said brokerages in its notes.
- Mar 10, 2015 12:51 PM IST
Adlabs Entertainment has opened its Rs 470 crore public issue for subscription today. The issue, which will close on March 12, consists of a fresh issue of 183.26 lakh shares and an offer for sale of 20 lakh shares by Thrill Park.
- Dec 03, 2014 09:00 AM IST
Monte Carlo, the apparel retail chain, aims to garner Rs 342-350 crore through the issue by diluting 25 percent shareholding.
- Sep 16, 2014 01:14 PM IST
Brokerage houses advise subscribing the issue, citing growing content library through addition of new releases and catalogue acquisitions.
- Sep 05, 2014 11:00 AM IST
Brokerages advise subscribing the issue, citing reasonable valuations, asset-light business model with core competence in registration of ingredients and healthy balance sheet.
- Aug 26, 2014 07:28 AM IST
Brokerages believe its big expansion plan (of raising capacity to 1 lakh pallets by next financial year) is expected to boost the operating performance of the company over the next two years.
- Dec 10, 2012 07:33 PM IST
The 18.89 crore shares IPO of Bharti Infratel (BIL), a tower arm of country‘s largest telecom operator Bharti Airtel, is set to open for subscription on Tuesday, December 11.
- Dec 08, 2012 01:07 PM IST
The 609-crore initial public offering of PC Jeweller will be open for subscription from Monday, December 10 till Wednesday, December 12.
- Dec 06, 2012 07:22 PM IST
Experts are betting high on the Rs 540-crore public offer of credit rating agency CARE which is set to open for subscription on December 7. Analysts feel that its lower price-to-earnings multiples compared to its peers make it a favourable IPO this session.
- Nov 21, 2012 08:02 AM IST
The Rs 179.5-crore IPO of Tara Jewels hit the capital market today with a price band of Rs 225-230 a share.
- Sep 13, 2012 08:02 PM IST
Companies with higher IPO grades command superior valuation driven by stronger fundamentals, a study by Crisil shows.
- Mar 22, 2012 11:18 AM IST
The initial public offer of state-run National Buildings Construction Corporation (NBCC) has opened for subscription today. The issue seems to have not pleased many experts.
- Feb 21, 2012 05:12 PM IST
Multi Commodity Exchange of India (MCX), country's largest commodity exchange, is set to open its initial public offer for subscription on February 22. This is India’s first exchange to hit the capital market, offering 64.27 lakh equity shares (dilution of 12.6% post issue) through issue.
- Sep 10, 2011 02:25 PM IST
PG Electroplast, an electronic manufacturing services provider, will close its 57.45 lakh shares public issue for subscription on Monday, September 12. Price band for the issue is at Rs 190-210 a share.
- Aug 25, 2011 07:11 PM IST
IPO of TD Power Systems which opened on August 24 has recieved mixed reaction by the experts. Some feel that the issue is not very attractively priced while other advised subscribing it at the lower end of price band with one-year time frame.
- Aug 24, 2011 05:51 PM IST
SRS, a diversified company having businesses like cinema exhibition, food and beverages, retail and manufacturing and jewellery retail, has opened its Rs 3.5 crore shares IPO for subscription, diluting 25.13% stake. Experts as well as brokerage houses feel that the issue is overvalued.
- Aug 17, 2011 10:52 PM IST
Brooks Laboratories, a pharmaceutical contract research and manufacturing services company, planned to raise Rs 63 crore through the initial public offering that is opened for subscription during August 16-18, 2011.
- Aug 10, 2011 06:50 PM IST
Educational services provider Tree House Education and Accessories has opened its initial public offering of 84.32 lakh shares for subscription today. A price band for the issue has fixed at Rs 135-153 a share. Company is going to offer a discount of Rs 6 to retail investors.
- Jul 27, 2011 07:37 AM IST
A subsidiary of engineering & construction major Larsen and Toubro - L&T Finance Holdings is set to open its initial public offering for subscription on Wednesday, July 27.
- May 13, 2011 03:20 PM IST
The initial public offering of Galaxy Surfactants, surfactants and specialty chemicals manufacturer, has opened for subscription. Brokerage houses are bullish on the issue but Investment Advisor SP Tulsian has recommended avoiding the issue.