Business Standard

NBCC IPO subscribed five times

Related News

The initial public offering (IPO) of state-owned (NBCC) received a final subscription of 4.93 times. The qualified institutional buyers (QIB) category received 7.07 times subscription, the wealthy investor category got about 1.7 times subscription, while the retail portion got subscribed 3.4 times. The oversubscription could see the company pricing the issue at Rs 106, the top end of the price band. NBCC is looking to raise a about Rs 125 crore from the offering.

Read more on:   
|
|

Read More

Drafting of prospectus for RINL IPO underway: minister

Preparation of draft prospectus for the initial public offering (IPO) of Rashtriya Ispat Nigam Ltd (RINL) is underway, Parliament was informed today.

Quick Links

 

Market News

OnMobile Global gains on improved cash position

OnMobile Global has gained around 9% at Rs 35.70 in early trade on BSE mainly on account of improved cash and cash equivalent position in the ...

Markets open at fresh high; Nifty above 8,200

The 30-share Sensex is up 198 points at 27,544 and the 50-share Nifty has gained 57 points at 8,226.

Markets may open higher on firm global cues and FII buying

FIIs were net buyers on Thursday to the tune of Rs 1,257.49 crore while strong economic data from US has lifted Asia markets

Sensex scales record high; Nifty within kissing distance

Unperturbed by end of US Fed's bond buying, equities post healthy gains

Higher open interest enthuses markets on expiry day

Rollover percentage in the Nifty was lower than three-month average, at 64%

Back to Top