Adani Power”s IPO price fixed at Rs 100 per equity share
Adani Power, a power project development company promoted by Adani Enterprises, has fixed the price for its initial public offering of 301,652,031 equity shares of Rs 10 each for cash, at Rs 100 per equity share. The price band of the IPO was Rs 90-Rs 100 per equity share. The issue opened on July 28 [...]
NHPC”s IPO price band fixed at Rs 30-36
On Tuesday, the state run power company National Hydroelectric Power Corporation (NHPC) revealed its’ plan to rise up to Rs 6,048 crore through sales of 168 crore shares. The price band of IPO has been fixed at Rs 30-36. The company said in its filing with the Registrar of Companies (ROC) that the public issue [...]
Adani Power IPO over-subscribed 4 times on first day
Initial Public Offer (IPO) of Adani Power (APL), over-subscribed 3.98 times on the first day of its opening on 28th July. APL issue is the first big issue to hit the market, after a gap of almost 19 months. The issue will close on July 31. The qualified institutional buyers (QIB) oversubscribed 7.45 times on [...]