OTHER GROUP COMPANIES
market

Monte Carlo Fashions IPO oversubscribed

Report stated that the qualified institutional buyer (QIB) portion was sold 13.96 times. while the high net-worth individual (HNI) portion was subscribed 1.81 times.

December 06, 2014 3:36 IST | India Infoline News Service
The Rs 350 crore public issue of Monte Carlo Fashions has oversubscribed 7.58 times,according to reports.
Report stated that the qualified institutional buyer (QIB) portion was sold 13.96 times. while the high net-worth individual (HNI) portion was subscribed 1.81 times. 
Retail investors portion was subscribed 6.75 times, says report.
There are reports that the issue has received bids for 2.88 crore equity shares against IPO size of 38.03 lakh equity shares (actual issue size was 54.33 lakh shares. 
The price band of the issue, which closed today, was Rs 630-645 per share.

OPEN A DEMAT ACCOUNT & Get FREE Benefits worth 10,000

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Upto 10,000

STOCK VIEW

PRESTIGE (NSE)

The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

FEATURED ARTICLE

BLOGS

Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity