Tree House Education & Accessories obtained 17cr from anchor investors

Tree House Education & Accessories has obtained commitment of greater than Rs 17cr from anchor investors.
The firm in discussion with book running leading_managers has finalised_allocation of 12,64,828 equity stocks to 3 anchor investors, that are Increasing India Focus_Fund (50percent portion), Axis Mutual Fund and Axis Midcap Fund.

They’ve subscribed for anchor_book of the Initial public offering at lowerend of price band of Rs 135-153 for every equity share. It appears that other investors such as qualified_institutional buyers, non_institutional as well as retail investors may place in bids at Rs,135 a stock.

Be Sociable, Share!
Tags:

Stock Market Basics For Beginners

Why Do Companies Split Their Stock? Stock Split Good?

Why Do Companies Split Their Stock? Stock Split Good? [ad name="468x15- 5 link"] A company splits their stock because administration has a theoretical ideal price range for the firm’s stock. If the market price of ...…

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 ...…

How can 5000 SIP can make you a Crorepati

How can 5000 SIP can make you a Crorepati Dear Readers, If I take a survey of 100 people today. 100 out of 100 would have a dream of  becoming a Crorepati. Yes, you can ...…

Accelerated Vesting

Accelerated Vesting A kind of vesting which occurs at a quicker rate than the initial vesting schedule in the firm's share option plan. This enables the option ...…

Intraday Trading

Intraday Trading This site provide intra tips  Subscribe For Indra day F&O – Shart term investment  Tips   Every trader is tempted about how Intraday trading can be carried ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics