Good news for all National Buildings Construction Corporation NBCC IPO subscribers. The IPO allotment status is now available. Check your NBCC IPO Allotment status at http://www.bigshareonline.com/ipo/ipostatus.aspx The shares of NBCC would be listed on the Bombay Stock Exchange and National Stock Exchange on April 12. “The issue has been subscribed 4.93 times, of which 4.74...
The government today fixed the share issue price for state-owned National Buildings Construction Corporation’s (NBCC) public offer at Rs 106 per share to raise about Rs 127 crore. The shares of NBCC would be listed on the Bombay Stock Exchange and National Stock Exchange on April 12. “The issue has been subscribed 4.93 times, of...
Exchanges in the biggest emerging economies will begin trading futures based on each other’s benchmark stock indexes today as rising wealth spurs demand for new investment products. The five members of the BRICS Exchanges Alliance will cross-list futures on Brazil’s Bovespa Index (IBOV), Russia’s Micex Index (INDEXCF), the BSE India Sensitive Index, Hong Kong’s Hang Seng Index, the Hang...
MT Educare IPO is expected to get listed by 10th April 2012. Incorporated in 2006, MT Educare Limited is an education support and coaching services provider for students in the secondary and higher secondary school. The allotment status is expected to be out by 8th April 2012. For those of you who have applied...
MT Educare, a Mumbai-based K-12 tutoring and test preparation firm, has seen its initial public offering oversubscribed more than 4 times. The IPO closed on Thursday. MT Educare is backed by India-focused private equity firm Helix Investments who would be making 2.5x returns (on the upper end of the price band) in the part-exit from its...
An up to $25 million initial public offering by state-run National Buildings Construction Corporation (NBCC) was subscribed nearly five times the shares on offer at the close of the issue on Tuesday, the stock exchange data showed. The government was selling a 10 percent stake in NBCC, a consultant for civil construction and real...
NBCC IPO is expected to get listed by 6th April 2012. State-owned construction company National Buildings Construction Corporation ’s (NBCC) initial public offer is set to close today, which has been oversubscribed 3.7 times so far. The allotment status is expected to be out by 4th April 2012. For those of you who have applied for this...
The BSE benchmark Sensex on Monday plunged 309 points to a 2-month low on heavy selling by funds concerned over market reports that the government may move to levy short-term capital gains tax for derivative products sold to foreign investors Fear that investment from Mauritius may face taxes brought FIIs under duress and panic...
Prime Minister Singh also met Norwegian Prime Minister Jens Stoltenberg on the sidelines of the Nuclear Security Summit. Singh promised his counterpart that a fair solution within the bounds of Indian law will be arrived at in the matter of Norwegian company Telenor ASA’s joint venture with India’s Unitech Ltd. On 2 February, the...
Way2Wealth has come out with its report on MT Educare IPO. According to the research firm, investors can avoid this issue. MT Educare (MT Edu), promoted by Mr. Mahesh Shetty, provides educational coaching services for classes 9 and 10 (State board, CBSE and ICSE), classes 11 and 12, graduation (commerce), preparatory/entrance tests (engineering, medical...