Join us on Whatsapp: +91 7977614821 OR Click here to directly join now!


Wednesday, December 26, 2012

Credit rating agency Credit Analysis and Research Limited (CARE) will list its equity shares on exchanges today on Wednesday, December 26, 2012. The company had fixed its issue price at Rs.750/- per share.

The IPO had received an overwhelming response with the response from QIB Investors being 45.8 times while non-institutional and retail investors' portion received subscription of 110.96 times and 6.18 times respectively. CARE is one of the leading rating agency in India apart from CRISIL and ICRA.

Stock market analysts are predicting a clear premium listing with opening bell easily above Rs.900/- for the share. While the grey market premium for the share is also up to those levels, it remains to be seen whether the listing would reach or exceed expectations

0 comments:

Post a Comment

Indian IPO Blog Feed Subscribers


Enter your email address:

Delivered by FeedBurner

- Disclaimer / Terms of Use
- Privacy Policy
Email: indianipoblog@gmail.com

Subscribe via email

Enter your email address:

Delivered by FeedBurner

By visiting or accessing this Blog and any/all of its subdomains, you solemnly declare that you have read, understood and agree to - Disclaimer / Terms of Service
View our - Privacy Policy

Trending IPO News

Blog Archive

Feed Subscribers