MAS Financial Services to debut on bourses on October 18, bumper listing likely

MAS Financial Services to debut on bourses on October 18, bumper listing likely Analysts expect the stock to list with a premium of Rs 150-200, given the strong subscription to the issue and strong financials of the company.
Tue, 17 Oct 2017 11:29:53 +0530

Reliance Nippon Life AMC eyes inorganic growth

Reliance Nippon Life AMC eyes inorganic growth The company, a joint venture between Reliance ADAG and Nippon Life of Japan, would both issue fresh shares and offer for sale (OFS) of promoters#39; holdings to raise around Rs 1,500 crore from the market through the IPO.
Mon, 16 Oct 2017 17:40:15 +0530

Bumper Listing: Godrej Agrovet ends 29% higher on Day 1

Bumper Listing: Godrej Agrovet ends 29% higher on Day 1 The stock touched a high of Rs 630 and low of Rs 563.40 during the day’s trade.
Mon, 16 Oct 2017 16:59:23 +0530

Solid Listing: Godrej Agrovet debuts with 34% premium at Rs 615.60 per share

Solid Listing: Godrej Agrovet debuts with 34% premium at Rs 615.60 per share Diversified agro-business company Godrej Agrovet started off first trade at Rs 615.60 on the National Stock Exchange, a whopping premium of 33.82 percent over its issue price of Rs 460 per share.
Mon, 16 Oct 2017 10:05:42 +0530

Godrej Agrovet to start stock market innings on Monday

Godrej Agrovet to start stock market innings on Monday The Rs 1,157 crore IPO was a huge hit and oversubscribed 95.41 times during October 4-6. The portion meant for qualified institutional buyers (QIBs) was oversubscribed 150.96 times, non institutional investors 236.04 times and retail investors 7.67 times, as per NSE data.
Fri, 13 Oct 2017 14:41:15 +0530

Agri business company Godrej Agrovet to debut on bourses on October 16

Agri business company Godrej Agrovet to debut on bourses on October 16 Analysts expect the listing price to be in Rs 550-600 per share range, given the overwhelming response to the issue and hefty grew market demand.
Fri, 13 Oct 2017 14:21:21 +0530

GIC Re IPO oversubscribed 1.35 times so far on Day 3

GIC Re IPO oversubscribed 1.35 times so far on Day 3 The issue IPO received bids for 16,87,32,208 shares against total issue size of 12,47,00,000 shares, data available with the NSE as of 6:00 pm showed.
Fri, 13 Oct 2017 13:43:11 +0530

General Insurance IPO subscribed 90% on Day 2

General Insurance IPO subscribed 90% on Day 2 The issue comprises a fresh issue of 1,72,00,000 shares by the Corporation and an offer for sale of 10,75,00,000 shares by the promoter.
Thu, 12 Oct 2017 21:14:28 +0530

Reliance Nippon Life IPO to open on Oct 25, price band at Rs 247-252/share

Reliance Nippon Life IPO to open on Oct 25, price band at Rs 247-252/share The initial public offering of up to 6.12 crore equity shares comprises a fresh issue of up to 2.448 crore shares by the company and an offer for sale up to 3.672 crore shares by the selling shareholders.
Thu, 12 Oct 2017 12:41:53 +0530

General Insurance IPO subscribed 72% on Day 1

General Insurance IPO subscribed 72% on Day 1 The IPO of the reinsurance company, which is in a price band of Rs 855-912, will close on October 13. The issue comprises fresh issue of 1,72,00,000 shares by the Corporation and an offer for sale of 10,75,00,000 shares by the promoter.
Wed, 11 Oct 2017 16:06:26 +0530

Indian Energy Exchange IPO: Issue oversubscribed 1.88 times so far on Day 3

Indian Energy Exchange IPO: Issue oversubscribed 1.88 times so far on Day 3 The IPO received bids for 99,13,914 shares against 42,45,508 shares on offer, as per NSE data.
Wed, 11 Oct 2017 13:29:23 +0530

GIC Re $1.7 billion IPO opens with a price band of Rs 855-912 per share

GIC Re $1.7 billion IPO opens with a price band of Rs 855-912 per share India#39;s biggest reinsurer kicks off its initial public offering (IPO) today. The USD 1.7 billion issue opens with a price band of Rs 855-912 per share. In an interview to CNBC-TV18, Alice G Vaidyan, CMD of General Insurance Corporation of India (GIC) spoke at length about the IPO.
Wed, 11 Oct 2017 10:30:10 +0530

Brokerage View: GIC Re’s IPO opens. Should you subscribe to the issue?

Brokerage View: GIC Re’s IPO opens. Should you subscribe to the issue? Brokerages largely recommend subscribing to the issue, considering the penetration potential of insurance services in the country.
Wed, 11 Oct 2017 08:40:47 +0530

General Insurance Corporation IPO opens: Here are 10 things you should know

General Insurance Corporation IPO opens: Here are 10 things you should know The IPO, which constitutes 14.22 percent of post-offer paid-up equity share capital, comprises of fresh issue of 1.72 crore equity shares and an offer for sale of 10.75 crore shares by promoter - President of India.
Tue, 10 Oct 2017 18:04:13 +0530

Subscribe to General Insurance Corporation of India : Angel Broking

Subscribe to General Insurance Corporation of India : Angel Broking Angel Broking has come out with its report on General Insurance Corporation of India IPO , The research firm has recommended to “ Subscribe ” the IPO in its research report as on October 10, 2017.
Tue, 10 Oct 2017 16:46:29 +0530