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Initial Public Offerings News
Claris offer scrapes through, subscribed 1.5 times The initial public offering (IPO) of Ahmedabad-based Claris Lifesciences managed to scrape through on Thursday, as most investors preferred to skip the issue on concerns about the warning letter issued by the US drug regulator and corporate governance. The issue was subscribed 1.5 times, according to the data available on the National Stock Exchange website. Category-wise subscription numbers were
Maruti Courier to open four overseas offices
Maruti Courier Service Privet Limited has firmed up its plans to open its offices in four countries. In addition to this, the company is also considering initial public offer (IPO).
Life insurers may invest Rs 4k cr in Coal India IPO
Brokers rent demat accounts
In the run-up to the Coal India initial public offering (IPO), brokers are offering Rs 500-700 to ‘rent’ the demat accounts of retail investors not subscribing to the issue. The rent is for the
Coal India expecting good response from smaller towns to IPO
Coal India Limited (CIL), which is planning to mop up around Rs 15,000 crore from the primary market, is expecting a good response from retail investoRsin smaller towns to its forthcoming initial
Coal India IPO price band report incorrect: Chairman
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