The Anchorbook of Tata-Steel’s FPO Was Subscribed Approximately 8 Times

The anchorbook of Tata-Steel’s FPO was subscribed approximately 8 times on Tuesday, Anchor book starts 1 day ahead of the issue opens for other investors. 30 % of qualified institutional investors’ reserved part i.e. 8325000 equity stocks is reserved for anchor book.

Anchor investors include Blackstone, Fidelity, Goldman Sachs, Capital International and Govt of Singapore.

Be Sociable, Share!
Tags:

Stock Market Basics For Beginners

Initial Public Offer

Initial Public Offer Initial Public Offer. The initial sale of share by a firm for the public. The commonest reason for a firm to start an IPO is ...…

What is Listing Agreement?

What is Listing Agreement? During the time of listing securities of a firm on a stock exchange (NSE,BSE), the firm is needed to enter into a listing deal with ...…

Difference In Between Public Issue And Private Placement

Difference In Between Public Issue And Private Placement When an issue isn't made to just a select group of people however is available to the general public as well as any other investor ...…

Delisting of securities

Delisting of securities The word 'Delisting of securities' indicates permanent elimination of securities of a listed firm from a stock exchange. As a result of delisting, the securitie's ...…

Who controls the Securities Market?

Who controls the Securities Market? The responsibility for controlling the securities-market is shared by DEA (Department of Economic Affairs), DCA (Department of Company Affairs ), RBI (Reserve Bank of India ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics