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IPO

The L&T Finance IPO – To Invest or Not?

The L&T Finance Holdings, one of the subsidiary of the Larsen & Toubro, the engineering and construction company, has announced its Initial Public Offering (IPO) to raise Rs. 1575 crore from the market.  Also L&T Finance has already raised Rs. 330 crore from the placement of the pre-IPO from U.S. Private Equity Firm, Capital International.  [...]

Investment in Power Finance Corporation IPO

Power Finance Corporation Limited has, as expected, announced its Initial Public Offering (IPO) from today, May 10, 2011.  The IPO will be open till May 12, 2011 for the QIB bidders and till May 13, 2011 for others.  Instead of calling it an IPO, this in fact is an FPO as they are announcing it [...]

Muthoot Finance Limited IPO

A. Muthoot M George Enterprise’s Muthoot Finance has launched their IPO from today and it is on from today and closes on April 20, 2011 for QIB Bidders and on April 21, 2011 for the retail and others.  Muthoot is planning to raise Rs. 900 crores with this IPO and may be issuing Rs. 5.15 [...]

Punjab & Sind Bank IPO Details

After a slew of IPOs from both the government owned companies and private entities, now is the time for the Punjab & Sind Bank to come up with an IPO on its own.  The IPO is open from today (December 13, 2010) and closes on December 15, 2010 (for QIB bidders) and on December 16, [...]

MOIL Limited IPO Bid Offer

The Manganese Ore (India) Limited or simply the MOIL Limited has opened its much awaited IPO today.  It comes at a price band of Rs. 340 to Rs. 375 per equity share with a face value of Rs. 10 each.  The floor price being 34.0 times of the face value and the cap price is [...]