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IPO of Speciality Restaurants oversubscribed
After two back to back withdrawals, the initial public offering (IPO) of restaurant chain operator Speciality Restaurants managed to successfully sail through, thanks to good bidding by institutional investors. The 11.74-million share offering received about 2.5 times subscription, with most bids coming from the qualified institutional buyers (QIB) category. The issue received 4.68 times subscription
After two back to back withdrawals, the initial public offering (IPO) of restaurant chain operator Speciality Restaurants managed to successfully sail through, thanks to good bidding by institutional investors. The 11.74-million share offering received about 2.5 times subscription, with most bids coming from the qualified institutional buyers (QIB) category. The issue received 4.68 times subscription
Speciality Restaurants IPO subscribed 2.5 times
REUTERS - Speciality Restaurants' $34 million initial public offer received bids for about two-and-a-half times the number of shares on offer on the last day of the sale, exchange data showed on
REUTERS - Speciality Restaurants' $34 million initial public offer received bids for about two-and-a-half times the number of shares on offer on the last day of the sale, exchange data showed on
India's Speciality Restaurants IPO subscribed 2.5 times
May 18 (Reuters) - Indian chain Speciality Restaurants' $34 million initial public offer received bids for about two-and-a-half times the number of shares on offer on the last day of the sale,
May 18 (Reuters) - Indian chain Speciality Restaurants' $34 million initial public offer received bids for about two-and-a-half times the number of shares on offer on the last day of the sale,
Prasad, Reddy get CBI custody
A Special Central Bureau of Investigation (CBI) court on Thursday gave the CBI a 10-day custody of industrialist Andhra Pradesh industrialist Nimmagadda Prasad, also known as Matrix Prasad and top bureaucrat KV Brahmananda Reddy, arrested in YSR Congress Party president YS Jagan Mohan Reddy's disproportionate assets case.
A Special Central Bureau of Investigation (CBI) court on Thursday gave the CBI a 10-day custody of industrialist Andhra Pradesh industrialist Nimmagadda Prasad, also known as Matrix Prasad and top bureaucrat KV Brahmananda Reddy, arrested in YSR Congress Party president YS Jagan Mohan Reddy's disproportionate assets case.
Mecca Masjid blast anniversary passes off peacefully
Amid tight security, the fifth anniversary of the bomb blast at the historic Mecca Masjid here passed without any untoward incident Friday.
Amid tight security, the fifth anniversary of the bomb blast at the historic Mecca Masjid here passed without any untoward incident Friday.
US, Russian soldiers train together in Colorado
The Russians are coming — in fact, they're already here — but it may not be what you think.
The Russians are coming — in fact, they're already here — but it may not be what you think.
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