Mahindra Holiday IPO priced at Rs 275-325 band
June 22, 2009 by admin
Filed under IPO Section
The proposed initial public offer (IPO) of Mahindra Holidays and Resorts India, famously known as Club Mahindra, a resorts arm of diversified conglomerate Mahindra Group, will be available in the price band of Rs 275-325 a share of the face value of Rs 10 each. The issue will open on June 23 and will close on June 26.
Adani Power files DRHP with SEBI for IPO of 33.7 crore shares
April 22, 2009 by admin
Filed under IPO Section
Adani Power (APL), a part of the Adani Group, has filed a draft red herring prospectus (DHRP) with SEBI for initial public offering (IPO) of 33.7 crore shares.
Power Grid plans considering follow on public offer
April 22, 2009 by admin
Filed under IPO Section
Power Grid Corporation, the largest power distributor of the country, is planning to raise around Rs 3,000 crore through a follow on public offer (FPO) by the end of 2009.
Upsurge in stocks prompts MCX to revisit listing plan
March 30, 2009 by admin
Filed under IPO Section
Financial Technologies (India) (FTIL)-promoted India’s largest commodity bourse Multi Commodity Exchange plans to revisit its plans to list the commex on the bourses after the recent upsurge in the equities markets, which is seen as a positive indication. MCX is planning to file a fresh
ONGC to launch IPO for OPaL in 2011
March 28, 2009 by admin
Filed under IPO Section
Oil and Natural Gas Corporation (ONGC) is planning to launch an initial public offering ONGC Petro-additions (OPaL), a unit building a mega petrochemical plant at Dahej in Gujarat in 2011, closer to the scheduled completion of the 2.5 billion project in February 2012.
ICICI Securities defers IPO plan
March 18, 2009 by admin
Filed under IPO Section
ICICI Securities, the broking arm of India’s largest private sector lender ICICI Bank, has decided to postpone its plan to tap the capital market with an initial public offering (IPO) in view of adverse market conditions. The company’s board, which approved the IPO plan in January this year, has decided to wait till the economic situation stabilises.
Bharat Oman Refineries’ IPO plan on hold
March 7, 2009 by admin
Filed under IPO Section
The board of directors of Bharat Oman Refineries (BORL) – a joint venture between Bharat Petroleum Corporation (BPCL) and Oman Oil Company – that met on February 26, 2009, has put off its plans to tap the market on account of adverse market conditions.
ONGC to come up with an IPO for ONGC Petro-additions
March 2, 2009 by admin
Filed under IPO Section
Oil and Natural Gas Corp (ONGC) is considering to come up with an initial public offering of its subsidiary, ONGC Petro-additions (OPaL) which is building the Rs 12,440 crore petrochemical plant at Dahej.
EdServ IPO fully subscribed
February 10, 2009 by admin
Filed under IPO Section
EdServ Softsystems, which entered the capital market with an initial public offer (IPO) of 39,73,908 shares, is the first company to close the issue successfully since October 2008. The issue was subscribed 1.30 times, according to NSE data.
Alkali Metals revises price and closing date of IPO
October 12, 2008 by admin
Filed under IPO Section
Alkali Metals has revised the closing date and price of its initial public offer (IPO). The public issue was opened in the price band of Rs 90-105 and was schedule to close on October 10,2008. The company has now been revised the price to Rs 86-103 and the issue will close on October 15, 2008.