The coaching services provider MT Educare’s Rs 99 crore IPO has been oversubscribed 4.8 times. Qualified institutional and non-institutional investors' reserved portion has subscribed six times and eight times, respectively. Retail investors' portion was subscribed 2.17 times.
March 31st, 2012
MCX is the first exchange to list on Indian Bourses, one of the most awaited IPO. It is the fifth largest exchange in the world. MCX is the biggest silver exchange in the world. The company is offering 64 lacs shares on sale at a price band of Rs 860 to Rs 1032 per share. The company is planning to raise Rs 663 crores at the upper band.
February 23rd, 2012
Did you know that Apple has USD 94 Bn Cash with itself? That is more than the GDP of 66% of the countries of the world. Yes you heard it right! I am not speaking about 66% companies… I am speaking about 66% of the COUNTRIES
February 14th, 2012
n June 2011, private equity firm Sequoia Capital, along with SAP Ventures invested $10 million in the company. At that time, it valued the company on par with two-wheeler manufacturer TVS Motors. The company over the years had sold many preference shares which were converted into equity and had also issued bonus shares as high as 55:1.
November 2nd, 2011
Both Groupon and Zynga are coming up with big IPOs. Groupon make us skeptical about multi-billion dollar valuation and claims because of their business model. We aim to check both the firm's claims using the Financial Modeling approach.
July 15th, 2011
FREE 10 days