Chemcon Speciality IPO retail portion oversubscribed by 15 times

NEW DELHI: The initial public offer (IPO) of Chemcon Speciality Chemicals got subscribed 6.59 times on the second day of the offer till 11 am. The company’s initial share sale received bids for 4,31,92,952 shares so far against the issue size of 65,59,173 shares. Among the investors’ category, non-institutional investors …

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Chemcon IPO fully subscribed within 2 hours; retain quota sees 3 times bids

NEW DELHI: The initial public offering (IPO) of Chemcon Speciality Chemicals was subscribed 1.58 times on Monday as of 12.04 pm. Out of 65,59,173 shares on offer, the issue had received applications for 1,03,88,356 shares. The retail quota saw huge applications and was fully subscribed within 45 minutes of opening …

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CAMS IPO subscribed 15%; retail quota sees 30% subscription

NEW DELHI: The initial public offering (IPO) of Computer Age Management Services or CAMS was subscribed 15 per cent on Monday as of 11.19 am. Out of 1,28,27,370 shares on offer, the issue had received applications for 19,98,648 shares. The retail quota saw the maximum application and was subscribed over …

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Happiest Minds slumps 10% in two days of stellar debut on exchange

Mumbai: Shares of Happiest Minds Technologies slumped as much as 8% on Monday amid profit booking after a blockbuster listing last week. The shares lost 10.3% in two trading days from its closing high of ₹371 on debut. At 10:10 am, Happiest Minds Technologies was trading at ₹336.40, down 6.15% …

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Applying for IPOs? 7 things you must do to ensure your money is safe

The primary market has been buzzing with the stellar response to two latest initial public offerings – that of new-age IT firms Happiest Minds and Route Mobile. Three more from Chemcon Speciality Chemicals, CAMS and Angel Broking are hitting the market this week to raise an aggregate Rs 3,100 crore. …

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Route Mobile makes stellar debut, list at 105% premium over issue price

Shares of Route Mobile Ltd made a stellar stock markets debut on Monday. The stock listed at ₹717, a premium of 104.85% over its issue price of ₹350 a piece. The ₹600-crore issue of Route Mobile was subscribed 73 times with a price band of of Rs345-Rs350 per share. The …

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Bidding for CAMS IPO kicks off: Here’s what leading brokerages say

NEW DELHI: The Rs 2,242 crore initial public offering (IPO) by Computer Age Management Services (CAMS) opened for bidding on Monday. The Warburg Pincus-backed company last week raised Rs 666.57 crore from a total of 35 investors at Rs 1,230 per share ahead of the public issue. The price band …

Read moreBidding for CAMS IPO kicks off: Here’s what leading brokerages say