Business - Briefly   

Indiabulls offer oversubscribed

MUMBAI, SEPT. 6. Broking firm Indiabulls' initial public offering has been oversubscribed by 3.88 times the issue size at the end of first day of bidding. The offer, which opened for subscription today, has received bids for about 10.57 crore shares against the issue size of 2.71 crore shares of Rs. 2 each, according to data available with the Bombay Stock Exchange.

The price band has been fixed at Rs. 16-19 per share. The last date for bidding is September 10. — 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 |
Advts: Classifieds | Employment | Obituary | Updates: Breaking News |

Stories in this Section

• Cell companies take on telecom regulator
• Tata Motors' sales up
• Excise rules eased on butter, cheese
• China scores over India in FMCG market
• Rupee weakens on dollar short covering
• Air Deccan keen to capture Gulf traffic
• Auto shares in limelight
• Trent expands
• r-frac's research centre in Bangalore
• Bhilai Steel eyeing high-end segment
• Exchange rates
• Bullion rates
• Indiabulls offer oversubscribed
• Hikal buys stake in Danish firm
• UTI Mastershare pays 20 p.c.
• Telecom Man of the Year
• Domain expertise for healthcare software
• Industry facilitation council meeting
• SIEMA commends trade policy
• Seminar on forex management
• BHEL wins turnkey contract
• BSNL signs pact with Malabar Institute
• Pest management service from Godrej Hi Care
• NHPC, VA Tech sign contract
• Bajaj Capital ties up with Max New York
• Osim launches India operations
• Seagate strengthens position
• Lotus Chocolate shifts focus
• IndusInd Bank converts extension counter
• Khazana Jewellery's expansion plans
• JP Mobile gets Microsoft certification
• Simsci-Esscor's new product
• Oxemberg launches new collection
• Hexaware gets U.K. contract
• Unichem pact with Lannett of the U.S.
• Oracle OpenWorld in Mumbai
• Multi-stage water purifier

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