OTHER GROUP COMPANIES
- Login to Trade
- Login to DP
- Karvy Customer
-
OTHER GROUP COMPANIES
-
- Home
IPO gets bids for 59.92 lakh shares
The initial public offer (IPO) of Loha Ispaat was subscribed 0.22 times on seventh day of the bidding for the IPO today, 20 March 2014. The IPO received bids for 59.92 lakh shares till 16:00 IST on day seven of the bidding for the IPO today, 20 March 2014, compared with 2.67 crore shares on offer, as per NSE data.
The IPO closes on 25 March 2014. The company has set a price band of Rs 74 to Rs 77 per equity share of face value Rs 10 each. The company today, 20 March 2014, extended the issue closing date to 25 March 2014 from earlier 20 March 2014 and also scaled down the price band from earlier range of Rs 77 to Rs 80 per share.
The issue constitutes 26.44% of the post-issue paid-up equity share capital of the company. The equity shares are proposed to be listed on the BSE and NSE.
The IPO has been graded by CARE as 'CARE IPO Grade 3', indicating average fundamentals.
Loha Ispaat is a steel processing and service company that operates from Khopoli and Taloja in western Maharashtra.
On a consolidated basis, Loha Ispaat reported a net profit of Rs 38.90 crore on sales of Rs 2021.65 crore in six-months ended September 2013.
Powered by Capital Market - Live News
Aug 10, 2022
Aug 10, 2022
Aug 10, 2022
Aug 10, 2022
Aug 10, 2022
Aug 10, 2022
Aug 10, 2022
Aug 10, 2022
Aug 10, 2022
Aug 10, 2022
Aug 10, 2022
Aug 10, 2022
Aug 10, 2022
Aug 10, 2022
Aug 10, 2022
The laws of the financial world are different from the physical world. You can have prolonged periods of time, when sanity takes a back seat and excesses happen.
R. Venkataraman Aug 20, 2021
Retail trading or day trading has exploded because of falling brokerage rates, democratization of information, higher transparency and mobile platforms.
R. Venkataraman Jun 15, 2021
My simple message for dear readers is, if you don’t have any desperate need for funds, then don’t do anything.
R. Venkataraman May 12, 2021
The blow up of a US hedge fund has resulted in WhatsApp university offering many courses on what went wrong with Bill Hwang and Archegos.
R. Venkataraman Apr 09, 2021
The expensive valuations have been sustained by strong rebound in corporate earnings which led to ~8% upgrade in FY22 Nifty EPS since October 2020.
R. Venkataraman Mar 26, 2021
We believe the interest rates are likely to have bottomed due to inflationary pressure, large government borrowings and normalizing credit growth. Hence rate sensitive sectors should be avoided in our view.
R. Venkataraman Feb 17, 2021
As markets make new highs, one gets more emails and messages, which highlight the accomplishments of traders who have found a formula for making money.
R. Venkataraman Jan 27, 2021
Data does not seem to convincingly prove that short periods of high returns are always followed by meagre returns. Only in 4 instances, we had negative returns in the subsequent year.
R. Venkataraman Jan 01, 2021
Since September end, Bankex is up 16% with large banks like ICICI Bank, Bandhan up 20-27%, Housing Finance Companies like Repco, LICHF, PNB Housing are up 50%-100% from their six-month lows.
R. Venkataraman Oct 13, 2020
Morgan Housel’s 'The Psychology of Money' explains in detail the role of human biases in investment decisions.
R. Venkataraman Sep 26, 2020
Per Order for ETF & Mutual Funds Brokerage
Per Order for Delivery, Intraday, F&O, Currency & Commodity
