IPO Update

Vishal Information Debuts At 13% Discount On NSE

Chennai-based non-voice BPO service provider, Vishal Information Technologies Vishal Information Debuts At 13% Discount On NSEgot listed on the National Stock Exchange (NSE) at a discount of 13.33% at Rs 130 as against its issue price of Rs 150.

The scrip gained strength and touched an intra-day high of Rs 184. It also touched an intra-day low of Rs 125.60 thus far. The scrip was trading around Rs 177 and more than 10.81 lakh shares exchanged hands on the NSE.

Similar movement was seen on the Bombay Stock Exchange, where the scrip of the company got listed at Rs 150.

Nutek India IPO to open on July 29

Gurgaon-based, Nutek India Limited is entering the capital market on July Nutek India IPO to open on July 2929, with an initial public offering (IPO) of 4,500,000 shares of Rs10 each for cash at a price to be determined through a 100% book building process.

The price band has been fixed at Rs170 and Rs192 per share. The issue comprises a fresh issue of 3,500,000 shares and an offer for sale of 1,000,000 shares by a strategic investor.

The Issue has been assigned an IPO grade of 3 out of 5 by rating agency, CRISIL Limited. The issue will close on August 1.

Emaar MGF IPO To Hit Market By Next 18 Months; Plans Expansion

In order to develop property market in South India, Emaar MGF land Ltd, aEmaar MGF IPO To Hit Market By Next 18 Months

BSNL To Go Public Soon

State-owned telecom giant Bharat Sanchar Nigam Limited (BSNL) is State-owned telecom giant Bharat Sanchar Nigam Limited (BSNL)

MCX IPO Gets Highest Rating Of 5/5 From CRISIL

Rating agency Crisil has assigned highest rating grade of 5/5 to the initial public offering of Multi-commodity Exchange of India (MCX), the country's largest commodity exchange.

Niraj Cement Structurals To Enter Capital Market On May 26

Niraj Cement Structurals Limited, an engineering and construction companyNiraj Cement Structurals Limited

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