Mumbai-based financial services firm Prime Securities Ltd today announced that it would be setting aside Rs 23 crore ($5.7 million) as a provision for losses suffered during the recent stock market crash. The estimated provision was made for a depletion in the value of the securities the firm holds to date.
Listed on the Bombay Stock […]
Financial Technologies India (FTIL), the key promoter of Multi Commodity Exchange (MCX), has decided to sell 3.55%, 5% and 1% equity stake to ICICI, IL&FS, Kotak, respectively, at an enterprise value of $1-1.1 billion.
The stake sale will bring down FTIL’s stake in MCX to 40.45%.
Jignesh Shah, managing director & CEO, MCX, said: “This milestone is […]
Edelweiss IPO Allotment : Edelweiss Capital IPO Allotment Status
Edelweiss Capital IPO has been Over Subscribed more than 110 Times and Retail Subscription is 18 times.
So there are chances of allotment if you had applied in full. Allotment status of edelweis ipo will be out in another 10 days .
Edelweiss IPO AllotmentCheck here for allotment details […]
Religare Enterprises today listed at a premium of 75 per cent over the issue price of Rs 185 a share on the Bombay Stock Exchange.
The scrip opened at Rs 325 and shot up to Rs 592 within minutes. A total of 18.53 lakh equity shares changed hands at the bourse.
The company has issued 7.57 crore […]
Edelweiss Capital IPO : Subscribe to Edelweiss Capital IPO for long term
Edelweiss Capital, a financial services company, is entering the capital market with its initial public offering (IPO) of 8,386,147 equity shares of Rs 5 each for cash, at a price to be decided through a 100% book building process.
The issue will open on […]
Edelweiss Capital IPO - Edelweiss IPO
Edelweiss Capital IPO opens for Subscription on November 15 2007 and closes on November 20 2007.
The Price Band of Edelweiss Capital IPO has been fixed between Rs. 725 and Rs. 825 per Equity Share .
The Issue comprises a net issue to the public of 8,181,607 equity shares of Rs. 5 each […]
Religare Enterprises IPO Allotment Status
Religare IPO Allotment price fixed at Rs 185/share
Religare Enterprises IPO got Over Subscribed by 161 Times.
Religare IPO Allotment status will be out in another 1 week.But chances of getting shares in Religare Enterprises IPO seems difficult due to huge over subscription.
Check Religare IPO Allotment Status here….
Price Band for Religare Enterprises […]
Mumbai-based brokerage house Motilal Oswal Financial Services (MOFSL) reported a three-fold jump, in its net profit to Rs 330 million in the quarter ended September 2007 as compared to Rs 110 million in the corresponding quarter last year.
Results for the quarter ended September 2007 (Q2 FY08)
The company demonstarted a strong top line growth of 2.12 […]
