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French multinational Societe Generale bought 14,33,651 shares in Tata Capital through a block deal on Friday. The shares were purchased at a price of Rs 354.5 each for a consideration of Rs 51 crore.The company had allotted 14,13,764 shares to Societe Generale at a price of Rs 326 per share during the anchor offer. The […]
Tata Capital’s initial public offering (IPO) worth Rs 15,512 crore, one of the most anticipated listings of the year, will debut on the stock exchanges on Monday, October 13. Despite the hype, gray market signals indicate a subdued start with GMP slipping to zero, suggesting the stock could open around the issue price of Rs […]
Even as foreign institutional investors (FIIs) flood Indian IPOs with billion-dollar bids, they don’t really make much money, says Samir Arora, founder and fund manager at Helios Capital Management. In a post on “It is pertinent to point out that when the FII quota is oversubscribed by a hundred times in an IPO, FII investors […]
Tata Capital’s Rs 15,512 crore initial public offering (IPO) was fully subscribed on the third and final day of the bidding. The IPO recorded a total subscription of 1.01 times, with investors bidding for shares of Rs 33.64 crore against the offered shares of Rs 33.34 crore. Demand was largely driven by Qualified Institutional Buyers […]
