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

Global rubber price below Rs 100 after a gap of 6 years

Bangkok market suddenly plunged by Rs 2 per Kg on Friday when OPEC nations decided to maintain the output at 30 million barrels per day

BSE cements place in top-10 league with Rs 100-trillion market cap

NSE ranks 11th in terms of market capitalisation of its listed companies

Bajaj Corp gains on board nod to hike in FII limit

The stock rallied 6% to Rs 334 on NSE after board approved to increase the FII limit from 24% to 49%.

Sensex, Nifty up 1%; bank shares zoom

The 30-share Sensex is up 333 points at 28,772 and the 50-share Nifty has gained 109 points to trade at 8,604.

As the shale dream fades, guar growers chase new markets

Food industry the best bet for Indian guar farmers

Back to Top