Shares of Inox Green Energy Services, a subsidiary of Inox Wind, made a tepid market debut on Wednesday and ended with a discount of 9 per cent against the issue price of Rs 65.The stock listed at Rs 60.50, a fall of 6.92 per cent from the issue price on the BSE. The stock listed […]
Inox Green IPO Subscribed 85 Pc on Day 2 of Offer – EQ Mag
The public subscription will conclude on Tuesday and has a price range of Rs 61-65 a share. The initial share-sale of Inox Green Energy Services, a subsidiary of Inox Wind, was subscribed 85 per cent on the second day of offer on Monday. The Rs 740-crore IPO received bids for 5,70,13,780 shares against 6,67,21,310 on […]
Inox Green Energy’s IPO Subscribed 46 Pc on Day 1 – EQ Mag Pro
The initial share sale of Inox Green Energy got subscribed 46 per cent on the first day of subscription on Friday. The Initial Public Offering (IPO) received bids for 3.05 crore shares against 6.67 crore shares on offer, according to NSE data. The portion for Retail Individual Investors (RIIs) got subscribed 1.03 times while the […]
Insolation Energy Limited (INA Solar) got a banging listing on BSE SME – EQ Mag Pro
Jaipur, Rajasthan’s leading solar panel manufacturing company Insolation Energy Limited (INA Solar) got listed on BSE SME. It is the first solar panel manufacturing company of Rajasthan which has achieved this record. The listing ceremony was organized in Mumbai in the presence of Chief Guest Shri Piyush Goyal, Minister of Commerce and Industry, Government of […]
Insolation Energy Limited IPO oversubscribes 183.07 Times – EQ Mag Pro
Mumbai: Initial public offer (IPO) of Insolation Energy Limited (INA) oversubscribed by 183.07 times procuring Rs. 4,057.07 Cr against IPO size of Rs. 22.16 Cr. which is the highest subscription in any BSE SME IPO. Total no of shares offered for subscription was 58,32,000 equity shares of Rs. 10 each against which bids received for […]
Harsha Engineers IPO to open on Sep 14; price band set at Rs 314-330/share – EQ Mag Pro
Harsha Engineers International, manufacturer of precision bearing cages, on Friday said it has fixed a price band of Rs 314-330 per share for its Rs 755-crore initial public offering (IPO). The initial share-sale will open for public subscription on September 14, and conclude on September 16, the company announced. The Rs 755-crore public issue consists […]
Vikram Solar gets Sebi nod to mop-up funds via IPO – EQ Mag Pro
Vikram Solar, which filed preliminary IPO papers with the markets regulator in March, obtained its observation letter on August 10, an update with the Securities and Exchange Board of India (Sebi) showed on Wednesday Vikram Solar has received capital markets regulator Sebi’s go ahead to raise funds through an initial public offering (IPO). The IPO […]
Vikram Solar files draft papers to raise funds via IPO – EQ Mag Pro
The IPO consists of a fresh issue of Rs 1,500 crore and offer for sale of upto five million shares by its existing shareholders and promoters. The firm may consider a pre-IPO placement of Rs 300 crore, the firm said in its DRHP. Vikram Solar Ltd has filed draft papers with Securities Exchange Board of […]
Eni Adds Six Banks for IPO of $11 Billion Renewables Unit – EQ Mag Pro
Eni SpA has picked six more banks to work on the initial public offering of its retail and renewables unit Plenitude, which could be valued at about 10 billion euros ($11.3 billion), according to people familiar with the matter. The Italian energy giant has hired Barclays Plc, Bank of America Corp., BNP Paribas SA, Deutsche […]
CR Power Picks Banks for Renewable Unit’s Hong Kong Listing – EQ Mag Pro
The renewable energy arm of China Resources Power Holdings Co. has picked banks including ABC International Holdings Ltd. and China International Capital Corp. for an initial public offering in Hong Kong, according to people familiar with the matter. The power generation company’s unit is also working with HSBC Holdings Plc and Morgan Stanley on a […]