IPO News
DQ Entertainment lists at Rs 135 on BSE
The shares of DQ Entertainment makes a debut today by listing at Rs 135 per share at the bourses, with a premium of Rs 55 or 69 per cent as against its issue price on the BSE.
The stock surges to Rs 140 in the early trade
At 11.30 am, it was at Rs 112.70, [...]
Govt examining ways to prevent IPO fund misuse: Khurshid
The government is studying ways in order to prevent the over-pricing of initial public offers (IPO) and monitoring the end use of funds raised through IPOs to prevent the diversion of fund, said the corporate affairs minister Salman Khurshid.
He also said that his ministry is examining the report of the expert [...]
Jewellery IPOs shine on D-Street; 3 firms raise Rs 526 cr
With 3 firms raising a total of over Rs 526 crore during January-March, the initial share offerings of jewellery houses are shining on Dalal Street.
Meanwhile, in the first 3 months of current calendar year, 3 companies in jewellery and allied businesses forayed into the capital market with their initial public offers [...]
Tirupati Inks’ FPO to raise Rs 50 crore
With a view to fund its expansion plans, Tirupati Inks Ltd. is eyeing to raise more than Rs. 50 crore from the capital market with its Follow-on Public Offer (FPO).
The company will utilise the funds in order to set up a Greenfield unit at Ghaziabad for manufacturing specialty inks such as – [...]
NMDC FPO gets poor response on day one
NMDC, mining major and the third government-owned company to hit the capital markets this year, received a very poor response on the first day of follow-on offer (FPO).
As per the details available on the National Stock Exchange (NSE) website, the FPO was subscribed only 0.17 times with bids received for 57.12 [...]
BPTP plans Rs 1,500 cr IPO in early FY11
BPTP Ltd. is eyeing to raise around Rs. 1,500 crore through an Initial Public Offering (IPO) in early next financial year.
Mr. Kabul Chawla, Managing Director of BPTP said the company has applied for the approval from Securities and Exchange Board of India (SEBI) for its IPO.
Currently, the company has a networth of [...]
