Power Trader PTC India Intends To Start The IPO

Power Trader PTC India Intends To Start The IPOPower trader PTC India intends to start the IPO of its financial-services unit through the midst of next month, its chairman mentioned, a signal that companies are still positive about investor appetite in spite of a weak run in the markets this current year.

The firm’s possessing in PTC India Financial-Services (PFS) will decrease to 60percent following the Initial public offering from 77.6percent right now, T.N. Thakur informed reporters on Thursday.

GS-Strategic Investments, Macquarie India Holdings and a unit of Goldman Sachs , a unit Macquarie Group Ltd, every keep 11.20percent of PFS.

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

What Is A Issue Price?

What Is A Issue Price? The price where a firm's shares are provided at first in the primary market is known as the Issue price. When they start to be ...…


Average A share market average is known as a mathematical method of reporting the composite difference in prices of the shares that the average includes. Each and ...…

Term Follow On Offering

Term Follow On Offering An selling of more shares after a firm has had an IPO. several times the firm is strapped for funds. Therefore they need to release ...…

Primary Markets?

Primary Markets? The market in which investors have the initial opportunity to buy a newly issued security ( IPO ). Companies and other groups obtain financing through ...…

What is Support And Resistance?

What is Support And Resistance? One of several interesting phenomena of share markets that are usually catchy is a activity of share prices at the blink of eyes. At one ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV