Aishwarya Telecom IPO opens on Apr 15
Aishwarya Telecom is coming out with an initial public offering of 52 lakh shares at a price band of Rs 32-35 per share. The issue will open for subscription between April 15 and April 17, 2008.
Aishwarya Telecom manufactures telecom fiber optic products. Its clients include BSNL, Tata Tele Services […]
IRFC may have to go for public issue
With the Indian Railways increasingly raising funds from the market, Indian Railway Finance Corporation (IRFC) may have to go for an initial public offer this fiscal or early next fiscal to raise funds.
This is because the company, which mobilises finance for Railways, has to maintain a debt-equity ratio […]
Kiri Dyes & Chemicals, manufacturer of reactive dyes also known as Synthetic Organic and Dye Intermediates has fixed the issue price at Rs 150 per equity share for its IPO of 37,50,000 equity shares of Rs 10 for cash at a price determined through 100% book building process.
The initial public offering was subscribed 1.43 times, […]
Titagarh Wagons fixes issue price at Rs 540/sh
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RITES IPO : RITES files DRHP with SEBI
RITES, a Mini Ratna Grade I multi-disciplinary public sector enterprise under the Ministry of Railways, operating in the fields of transport, infrastructure and related technologies, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to enter the capital market soon […]
The initial public offering of a private sector railway wagon manufacturer, Titagarh Wagons (TWL), has subscribed 6.75 times. It has received bids for 1.60 crore shares as against 23.83 lakh shares on public offer, as per NSE website.
Qualified institutional investors have supported the issue, their reserved portion of 14.21 lakh shares received bids for 1.47 […]
Gujarat State Petroleum Corporation (GSPC) has decided to come out with a Rs 4,000-6,000 crore IPO before Diwali. According to sources, the company has also short-listed a few merchant bankers including SBI Caps and JM Financial for managing the issue. The GSPC Group flagship was planning to hit the capital market by mid-2008. The plan […]
Bharat Oman Refineries, an equal joint venture between state-owned Bharat Petroleum Corporation (BPCL) and Oman Oil Company (OMCL), is set raise Rs 2,400 crore from the primary market. The company on Friday filed the draft red herring prospectus with the market regulator Sebi for the proposed IPO.
The proceeds of the issue, which also includes a […]
