The government may seek market regulator Sebi?s permission to keep bidding data on follow-on share sales by state-run companies under wraps, as it looks to curb stock manipulation that leads to volatility in the market.
2010/07/28 from The Economic Times
Shares of state-owned Engineers India Ltd on Monday dropped 6.2 % ahead of its follow-on issue set to open on...
2010/07/26 from Express India
The recent NMDC's FPO offer is still quoting below the offer price. The BRLMs and the government should realistically price this issue, leaving some thing for the investors. RECOMMENDATIONS: If the issue is going to be priced by less ...
Sun, 25 Jul 2010 18:09:00 -0700 from KA PRASANNA
NMDC FPO has come out with a price band between Rs. 300 – Rs. 350, and at the higher end of the price band – the P/E ratio for fiscal 2009 is roughly 30. By comparison, the nearest competitors have a P/E of…
Mon, 08 Mar 2010 18:50:03 -0800 from Manshu
NMDC stands for National Mineral Development Corporation. Nmdc's FPO price band has fixed by the government. The company's FPO (follow-on public offer)
Tue, 09 Mar 2010 04:37:56 -0800 from admin
NMDC FPO price fixed at Rs.300-Rs.350, which is above the expectation of sub-300 levels. March 8, 2010 8:00 PM · India Shopping said... NMDC is subscribed 1.23 times a month ago, now its hovering around its lower price band of Rs 300. ...
Sat, 06 Mar 2010 17:57:00 -0800 from Admin
NMDC has a good exposure to the iron ore mining sector with large reserves of high-grade ore, assured demand from the expanding Indian steel industry, production costs that are far below the global average and large cash in its coffers ...
Sat, 06 Mar 2010 11:34:00 -0800 from BVRAO
CNBC TV18 in its report on the FPO says "Even at discount, NMDC FPO looks expensive to global peers". Sandeep Mohan, High Networth Individual, says, "Rs 300 in my mind is a price which is on the higher side based on all the parameters ...
Wed, 10 Mar 2010 02:50:00 -0800 from Srikanth
Now, even the NMDC FPO has failed to raise any interest from the investors.It barely managed to get subscribed 1.25 times which again was not driven by the usual participants- FII's and retail investors. ...
Fri, 12 Mar 2010 12:58:00 -0800 from Ankit Agarwal
The govt needs to get the FPO pricing right for the next divestment. NMDC followed a similar result as NTPC. The FPO opened at a lower price than its issue price. Against the issue price of Rs. 300, the FPO d at Rs. 295, went to a high ...
Sat, 03 Apr 2010 22:47:00 -0700 from Best Investments
NMDC FPO should be priced at big discount: UdayanYouTube
NMDC FPO: Centrum says subscribe, Macquarie differsYouTube
NMDC defends FPO price bandYouTube
ON CNBC WHAT'S HOT: NMDC FPO: 5% DISCOUNT TO RETAILYouTube
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