Standard Chartered PLC IDR to list today - Indian IPO Blog

Friday, June 11, 2010

Standard Chartered PLC IDR to list today

The Indian Depository Receipts (IDRs) of Standard Chartered PLC shall be listed and admitted to dealings on the Exchanges from today in the list of ‘B’ Group of Securities

Earlier, the Issue Price for the First Ever IDR Issue in India was fixed at Rs.104/- per IDR. Standard Chartered PLC IDR Issue, the first-ever Issue of Indian Depository Receipts (IDRs) in India, was subscribed 2.20 time. Standard Chartered Bank, the largest foreign bank in India, has India as its most profitable centre after Hong Kong

Check back Indian IPO Blog for Listing Day summary of Standard Chartered PLC Indian Depository Receipts (IDRs)

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