Mutual Funds have begun investing in quality small and medium enterprise (SME) IPO, with a public issue of over Rs 21 crore by Valiant Organics getting investment from leading fund house Reliance MF. Valiant Organics came out with an initial public offering (IPO) of 9,64,800 equity shares of face…
Tag: Initial Public Offering (IPO)
SMEs raise Rs 185 cr through IPOs in FY’17
Riding on upbeat market sentiment, as many as 23 Small and Medium Enterprises (SMEs) got listed on capital markets with initial public offerings worth Rs 185 crore in the current fiscal. In comparison, 44 SMEs raised a total of Rs 290 crore in the entire last financial year (2015-16). “Indi…
Slow kickoff for Fourth Dimension’s IPO
The initial public offering (IPO) of Fourth Dimension Solutions on the NSE’s SME platform Emerge has seen a slow start, with total bids for just 28,000 shares so far, which represents 0.01 times of the 28,92,000 shares up for sale. The IPO price is fixed at Rs 30 apiece, which represents a …
Happy hours for Pecos | Traders bullish on BEER shares
It is not only the patrons of Pecos pubs that enjoy the happy hours. This Christmas season, even the share traders are enjoying their happy hours. Share prices of Bangalore based Pecos Hotels and Pubs Limited surged to a new 52 week high at Rs 67.05 on 28 December, 2015. Pecos share price also br…