Business - Briefly   

Mixed response to public offers

MUMBAI, FEB. 24. The Government has received mixed response to the sale of its residual equity in three companies with investors bidding substantially for CMC and IPCL but virtually leaving out the shares of the petroleum retailor IBP.

While bids for IPCL were oversubscribed by nearly 50 per cent of the issue size and for CMC by more than 2.5 times, the response for IBP stood at an abysmal 0.5 per cent of the total shares floated on the second day of its offer today.

PTI

Printer friendly page  
Send this article to Friends by E-Mail

Business

News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Entertainment |
Advts: Classifieds | Employment | Obituary | Updates: Breaking News |

Stories in this Section

• Government moves to check prices
• Petronet plans terminal at Kochi
• Price band for DCI shares announced
• Strike hits forex trade
• Domestic steel producers upset over duty cut
• Biocon sets price band for IPO
• Stocks stage recovery, Sensex up 36 points
• E-mail with aroma
• New norms for Customs House agents
• SEBI to take a final view on corporate governance
• Final norms on investment in non-SLR securities
• Scope to spread microfinance, say experts
• Bullion rates
• Exchange rates
• Stock Market Index
• Derivative contract size
• Hutch's new service
• SBI's prepaid travel card
• Mixed response to public offers
• Airtel's milestone
• DishnetDSL launches Helloworld
• Overnite Express' regional hub
• EDS centre gets CMMI Level 5
• L&T gets ONGC contract
• DRL files ANDA for Amlodipine Besylate
• Sierra partners University of Hyderabad
• LogicaCMG pact with Britannia Airways
• Quantech to invest $3 m
• iGate opens new campus
• Cerebra's initiatives in healthcare
• 1:1 bonus from FDC
• IPCL to invest Rs. 350 cr.
• SAR Silicon's pact with U.S. firm
• Datacraft bags two awards
• MRF's speciality coatings

Copyright © 2004, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu