Social Icons

Saturday, 24 June 2017

expr:content='data:blog.blogId' itemprop='blogId'/>

GTPL Hathway IPO oversubscribed 1.53 times on last day

The initial public offering (IPO) of GTPL Hathway, which offers cable TV and broadband services, was oversubscribed 1.53 times on the last day of offer today.

The IPO received bids for 3,08,57,728 shares against the total issue size of 2,02,15,966 shares, data available with the NSE showed.

The category reserved for qualified institutional buyers (QIBs) was oversubscribed 1.48 times, non institutional investors 2.85 times and retail investors 94%, sources said.

GTPL Hathway on Tuesday raised over Rs 145 crore from anchor investors.

The IPO to garner up to Rs 485 crore comprises fresh issue of shares worth Rs 240 crore and offer for sale (OFS) of up to 1.44 crore shares in the price band of Rs 167-170 a share.

Proceeds from the IPO will be utilised towards repayment of loan and other general corporate purposes.

JM Financial Institutional Securities, BNP Paribas, Motilal Oswal Investment Advisors and Yes Securities are managing the issue.

Get real time advice for  Intraday Trading Tips , Intraday Market Tips , Stock Trading tips Free Intraday Tips , Best Accurate Stock Tips  , Equity Tips  and all Maket Updates From Capitalstars .

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

1 comment:

  1. Free Bank Nifty Tips , Nifty trading is the best part of the stock markets. This package usually helps traders to trade technically in times of market volatility, and also provides tips on nifty future based on pure technical analysis. In this section of the Nifty future tips, our highly experienced team provides daily tips 1 to 2. The Nifty Future Index, by which merchants can earn enough money through our interactive tips.



Do U Want !!!!

Our Special Services


Blogger Templates