MAHANAGAR GAS LIMITED (Refer Page No 293 of RHP dated 10th June 2016) 20/Jun/16 – Participation by Anchor Investors 21/Jun/16 – Bid/Offer Opening Date 23/Jun/16 – Bid/Offer Closing Date 28/Jun/16 – Finalisation of Basis of Allotment 29/Jun/16 – Unblocking of Funds from ASBA Account 30/Jun/16 – Credit of Equity Shares to Demat Account 01/July/16 – Commencement of Trading on NSE/BSE
Normally allotment of share is declared first through their app and later on in their website. Thus in place of repeatedly putting question about allotment, download their app and wait for the message.
Please post if someone''s amount deducts from bank.... based on that we can check and guess allotment happened or not. In linktime still this company is not displaying... Thanks in advance.
Hinduja Leyland Finance, CL Educate get Sebi approval for IPO
Markets regulator Sebi has given approval to Hinduja Leyland Finance, an arm of Ashok Leyland, and test-prep player CL Educate to launch their initial public offerings.
The two companies had filed their draft papers with Securities and Exchange Board of India (Sebi) on March 30.
The regulator cleared the proposed initial share sales and gave final observations on the initial public offers (IPOs) on June 24, as per the latest information.
Hinduja Leyland Finance''''s IPO comprises fresh issue of equity shares worth Rs 500 crore and an offer for sale up to 26,608,810 scrips by existing shareholders.
The company is considering a pre-offer placement of up to 2.6 crore equity shares for an amount not exceeding Rs 200 crore.
Axis Capital, ICICI Securities, SBI Capital Markets and Yes Securities are the merchant bankers for the public issue.
Hinduja Leyland Finance is a part of Hinduja Group which has global presence in automobiles, energy, IT/ITeS, banking and finance, media, entertainment and infrastructure.
CL Educate plans to come out with a public issue of up to 46,90,533 equity shares. This included a fresh issue of 20,60,652 shares and an offer for sale of up to 26,29,881 scrips by existing shareholders.
Proceeds of the issue will be used for acquisitions and other strategic initiatives, repayment of loans, to fund working capital requirements and for other general corporate purposes.
Kotak Mahindra Capital Company will manage the IPO.
The city-based firm provides educational services across the value chain including content and infrastructure.
CL Educate had filed its initial papers with Sebi in September 2014 but withdrew the IPO documents in August last year on account of strategic opportunities.
The equity shares of both companies will be listed on BSE and the NSE.
747.1. Eagleye| Link| Bookmark|
June 28, 2016 10:17:35 AM
IPO Guru (6600+ Posts, 21900+ Likes)
MAHANAGAR GAS LIMITED (Refer Page No 293 of RHP dated 10th June 2016)
20/Jun/16 – Participation by Anchor Investors 21/Jun/16 – Bid/Offer Opening Date 23/Jun/16 – Bid/Offer Closing Date 28/Jun/16 – Finalisation of Basis of Allotment 29/Jun/16 – Unblocking of Funds from ASBA Account 30/Jun/16 – Credit of Equity Shares to Demat Account 01/July/16 – Commencement of Trading on NSE/BSE
747.2. Eagleye| Link| Bookmark|
June 28, 2016 10:19:15 AM
IPO Guru (6600+ Posts, 21900+ Likes)
Basis Of allotment will be finalised today between the company and the stock exchanges ... It will be made known to public only after that ... ie tomorrow ... So don''t get impatient and look for it after 1 day
Hi I had a word with Linktime ahmedabad, and they have informed that by evening or max by tomorrow morning status will be live for MGL allotment..happy bidding :)