Angel Broking IPO subscribed nearly 4 times on final day; retail quote subscribed 4.31x

The initial public offer (IPO) by Angel Broking was subscribed 3.94 times on the final day of the bidding process. As per data available with the NSE, the issue was able to attract bids for 5,42,64,854 shares against the issue size of 2,48,16,050 shares. The issue was subscribed 1.46 times …

Read moreAngel Broking IPO subscribed nearly 4 times on final day; retail quote subscribed 4.31x

Keep status quo of shares’ pledging in Tata Sons, Supreme Court tells Shapoorji Pallonji Group

The Supreme Court on Tuesday asked the Mistry family-owned Shapoorji Pallonji (SP) Group to maintain the status quo of pledging their shares in Tata Sons to raise capital.   A Bench led by Chief Justice of India Sharad A. Bobde ordered that no “further action” should be taken with regard …

Read moreKeep status quo of shares’ pledging in Tata Sons, Supreme Court tells Shapoorji Pallonji Group

Keep status quo of shares’ pledging in Tata Sons, SC tells SP Group

The Supreme Court on Tuesday asked the Mistry family-owned Shapoorji Pallonji (SP) Group to maintain the status quo of pledging their shares in Tata Sons to raise capital. A Bench led by Chief Justice of India Sharad A. Bobde ordered that no “further action” should be taken with regard to …

Read moreKeep status quo of shares’ pledging in Tata Sons, SC tells SP Group

CAMS IPO subscribed 15%; retail quota sees 30% subscription

NEW DELHI: The initial public offering (IPO) of Computer Age Management Services or CAMS was subscribed 15 per cent on Monday as of 11.19 am. Out of 1,28,27,370 shares on offer, the issue had received applications for 19,98,648 shares. The retail quota saw the maximum application and was subscribed over …

Read moreCAMS IPO subscribed 15%; retail quota sees 30% subscription