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MAS Financial Services IPO Subscribed 68% on First Day
Gujarat-based NBFC company, MAS Financial Services, which opened its IPO issue today with 71,24,910 equity shares on offer was subscribed 68% on the first day. By 3:15 pm, the IPO received bids for 48,20,064 shares. With a ‘Subscribe' outlook by ...
What Is the IRB InvIT Fund? Should You Invest In It?
The first-of-its kind Infrastructure Investment Trust Fund (InvIT) issue of IRB opens for subscription on May 3 and ends on May 5, 2017. So, what is InvIT Fund and is it worth the investment? Here is a take on this: ...
What is greenshoe option in IPO ?
Initial Public Offer or IPO is issued for subscription in the primary market by companies to mobilize funds from general public. The offer document associated with each of the issued IPO besides including other essential details entails the 'greenshoe option'. The ...
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