Hindcon Chemicals Ltd IPO subscribes over 132 times

The initial public offer (IPO) of Hindcon Chemicals Ltd, engaged in manufacturing wide range of chemical products, received overwhelming response on the last day procuring subscription amount of over Rs 1022 crore as the issue overall subscribed 132.29 times. The HNI and Retail portion subscribed 154.85 and 124.18 times respectively. The public issue which was […]

Hindcon Chemicals Ltd IPO opens on 26 Feb 2018

Hindcon Chemicals Ltd, engaged in manufacturing wide range of chemical products, proposes to open its initial public offer (IPO) of up to 27,60,000 Equity Shares of face value of Rs. 10 each for cash at price of Rs. 28 per Equity Share, aggregating up to 7.73 Cr, on 26 February  2018 at the NSE Emerge […]

Imposition of LTCG tax would impact sentiment and reduce the flow of domestic money through SIP -Share India Securities

Mr Abhinav Gupta, President, Capital Markets, Share India Securities Ltd, commenting on the budget said “The union budget 2018 in its perfect sense is a Roti-Kapada and Kisaan budget. The move to cut corporate taxes to 25 % for companies with turnover less than Rs 250 crore is great, will benefit MSMEs and enable them to have […]

Union Budget FY2019 highly positive for Cold Logistic, Storage Chain and Equipment Manufactures

The Finance Minister in his last full budget focused strongly on infrastructure, health, education, agriculture and rural sector.  Ice Make Refrigeration Limited (Ice Make) would rate this as a strongly positive budget for agriculture, food processing, dairy, and cold chain logistic and storage sector. The Budget is prudently focused on improving farm income through heavy […]

VASA Retail and Overseas Ltd IPO subscribes 206 times

The Initial Public Offer of VASA Retail and Overseas Ltd, engaged in the retail business, manufacturing, trading a wide range of stationeries and raw materials, received an overwhelming response from the investors. The public issue which opened for subscription on Jan 24, 2018, was oversubscribed by 206 times. The HNI and Retail portion subscribed 175.93 […]