The QIB portion was subscribed 180 times while the Non-Institutional portion was subscribed 84 times and the retail portion was subscribed 55 times. The Initial Public Offering (IPO) of Future Capital Holdings Ltd., the financial services arm of the Future Group, was subscribed by a whopping 133 times. The company received bids for 857mn shares [...]

17 Jan : The response to the initial public offer of Reliance Power improved slightly on the third day of the issue from the day earlier. Till 4:00 pm Thursday , the issue was subscribed 20.84 times, according to data available on the National Stock Exchange site. Against the public offer of 22.80 crore shares, [...]

Jan. 16 The initial public offering of Kishore Biyani-led Future Capital Holdings has been receiving overwhelming response since day one. The issue has been subscribed 132.10 times across the price band, till 6 pm, according to the NSE Web site. The issue received bids for 84,14,51,848 equity shares as against 64.22-lakh shares on offer. As [...]

The Communication and IT Minister’s plans for getting Bharat Sanchar Nigam Ltd listed on the bourses may go awry, with the employees union threatening to go on an indefinite strike from February 26 to protest the stake sale. The issue has also taken political contours with the Communist Party of India (Marxist) saying that selling [...]

Mumbai-based budget carrier GoAir has been approached by Ernst & Young on behalf of its clients for picking up around 28 per cent equity stake in the airline. The carrier, which is owned and promoted by Jeh Wadia, has been valued at $314-400 million by private equity investors. At 28 per cent, the value of [...]

As global investors dump stocks in a flight to safety that has whipped gold prices to a series of record highs, Indians are doing just the opposite.In a nation that buys a third of the world’s gold output, even bullion dealers are selling the stuff in hopes of a seventh year of stock market gains, [...]

After the record setting collections yesterday, the momentum of the flow of bids for Reliance Power’s mega initial share offer (IPO) slowed on Wednesday, the second day, with subscription levels crossing 14 times, according to the information available on the National Stock Exchange website at 8 pm. The Rs 11,700-crore IPO – the country’s biggest [...]

The Initial Public Offering (IPO) of Future Capital Holdings Ltd., the financial services arm of the Future Group, was subscribed 27 times on the penultimate day. As of 5 p.m. on 14 Jan, the public issue was subscribed over 27 times. The company received bids for 173.65mn shares as against the issue size of 6.42mn [...]

An all-time record was created in the capital markets on Monday Jan 14th, with more than two lakh depository participation (DP) accounts being opened on CDSL and NSDL on that day. Sources said CDSL added 1.35 lakh accounts on Monday. NSDL added close to one lakh accounts. Sources said going by the trends, CDSL alone would [...]

It took just a minute for hungry investors to fully subscribe to India’s biggest ever USD 3 bn IPO. Anil Ambani group`s Reliance Power IPO on Tuesday generated a demand of close to Rs 1 lakh crore (Rs 1 trillion) within four hours of start of the book building process, with the issue getting oversubscribed [...]