Tag Archive | "IPO"

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Outstanding IPO debut by Russian internet company Yandex on NYSE

Posted on 25 May 2011 by Kamal

The Russian internet company Yandex proved to be a major clincher when it gained 40% just on the day of its debut on the NYSE. The Yandex IPO was the largest in US since Google as 52.2 million shares sold at $25 on Monday and the co-founder and CEO of Yandex Mr Arkady Volozh defined it as Russian progress towards a global Technology company.

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MOIL allotments to begin from the mid of December

Posted on 06 December 2010 by Lata Dar

The MOIL allotments IPO will be listed on the 15th of December at the stock exchange. The IPO of MOIL was issued so that an amount collection of Rs 1,260 crore be done with each share priced Rs 375.

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Claris life sciences IPO to begin on 24th of November

Posted on 23 November 2010 by Lata Dar

The health care group in Ahmedabad which is recognized for its hospital related products and other critical care have got the approval for Claris life sciences IPO in order to raise Rs.300 crore.

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MOIL IPO price bands still not out but will soon be

Posted on 23 November 2010 by Lata Dar

Manganese Ore India Ltd (MOIL) is in the league to reach capital markets after the record breaking success of the public offer made by Coal India (IPO).

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IPO of Coal India goes on an all time high with oversubscription

Posted on 20 October 2010 by Lata Dar

IPO

IPO

The mega IPO of coal India on the second day got oversubscribed with the total number of subscriptions reaching the point of 1.57 so far. This subscription is aided by the bidding of qualified institutional buyers.

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Issue for Satluj Jal Vidyut Nigam (SJVN) Opens on 30th April

Posted on 29 April 2010 by Jyoti Singh

The government considered for locating a higher price for SJVN IPO but established for a lower Rs 23-26 band keeping in view the current market situations, Power Minister Sushilkumar Shinde said today.

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Religare Recommended Subscribing in United Bank of India

Posted on 23 February 2010 by Jyoti Singh

Religare is a global financial services group. It has been advised by Religare Capital Markets to subscribe to IPO (initial public offering) of United Bank of India for registering gains.

UBI a Kolkata-headquartered bank has fixed price of its Initial Public Offering at 0.8x post-diluted ABV as at the end of Sep 2009. Although the below-average operating performance of bank are grounds for concern, the absolute valuation discount in respect of peers like Allahabad Bank, Dena Bank and Andhra Bank guides us to rate the issue as Subscribe. [smartads]

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