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Avalon Technologies IPO Was Subscribed 1.59 Times
The initial public offering (IPO) of Avalon Technologies was subscribed 1.59 times, as reported by Economic Times. The Rs 865 crore initial public offer was subscribed 2.48 times throughQIB portion The retail investors' portion was subscribed 74%, while non-institutional investors bid ...
Astron Paper IPO Oversubscribed 243 Times
Gujarat-based Astron Paper which is engaged in manufacturing Kraft paper opened its IPO offer to raise Rs. 70 crore. With heavy response across investor categories, the issue was oversubscribed 243.20 times as on the last bidding day. The data available ...
What is QIP or Qualified Institutional Placement?
Qualified Institutional Placement or QIP is a route taken by the listed company for raising capital from the domestic markets. The concept of QIP was introduced by the capital market regulator, SEBI, in the year 2006 to hasten the process of ...
Edelweiss to open public issue of NCDs on January 16
The non-banking finance entity of Edelweiss Financial Services, ECL Finance, is set to open its first public issue of non-convertible debentures (NCDs) on January 16. The company providing finance facility lends nearly 48% of its total loans for a short term ...
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