I will use the money which I applied for Lovable in PTC & further use the money from PTC in muthoot.So same amount will earn me 6-7 percent easily in 20 days flat.
What if PTC financial IPO is not attractive ? As of now we do not know the price band for PTC IPO. Better to apply in lovable which has attractive valuations rather than PTC which we do not know much about.
Hi all, I had submit Rs 1 lac physical application for Coal India IPO , my bank account was also debited for the same. However i was not allotted a single share in the allotment process. I have mispalced the acknowledgement slip but i have the bank stmt hich shows the debit of Rs 980000/- from my account.Can i get compensated for the same due to the error on the broker's part?? Plz advise.
Hi all - Plz help... I had submit Rs 1 lac physical application for Coal India IPO , my bank account was also debited for the same. However i was not allotted a single share in the allotment process. I have mispalced the acknowledgement slip but i have the bank stmt hich shows the debit of Rs 980000/- from my account.Can i get compensated for the same due to the error on the broker's part?? Plz help/advise.
Muthoot Finance to raise Rs 1,400 crore through IPO
Published on Thu, Mar 10, 2011 at 15:08 | Updated at Thu, Mar 10, 2011 at 16:02 | Source : PTI
Muthoot Finance to raise Rs 1,400 crore through IPO Gold financing company Muthoot Finance will raise up to Rs 1,400 crore through an initial share sale offer, which is expected to begin in the last week of this month.
Capital market regulator Sebi had in December approved the initial public offering (IPO) of Muthoot Finance. As per the draft prospectus filed with Sebi, the company will issue 5.15 crore shares through the IPO, which will see it divest a 13.85% stake.
Investment banking sources said the company will come out with the share sale offer in the last week of March and aims to raise somewhere between Rs 1,200-1,400 crore.
Rating agency Crisil had assigned a grade of "four on five" to the proposed IPO, indicating above average fundamentals.
Kerala-based Muthoot Finance is a non-deposit taking, non-banking finance company (NBFC).
After SAIL the flip flop is now for ONGC. The original news was it is opening on April 5th and now the news is it is not coming as planned. Why this sort of confusion?
I paid @ 232.75 per share to Anand Rathi & sold immeediately @ 318 in market. Select first option of Refund Order / Allottment Advice in point no 6 while lodging complaint to SEBI.
After complainig to SEBI, also write direct mail to follwoing pple with Cc.