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IPO NEWS
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Investors brace for three public offerings this week

March 8, 2010 : Led by the mega issue of NMDC, three companies will open their public offerings this week, setting the tone for the overall market sentiment. NMDC is coming out with its FPO of over 33 crore shares or 8.38% stake. The issue opens on March 10 and closes on March 12. The public issue of NMDC is expected to mop up about Rs 10,000 crore to Rs 12,000 crore. The price band of FPO will be decided by an EGoM on Monday. Meanwhile, the IPO of animation and gaming company DQ Entertainment opens on Monday. The company is coming out with its IPO in the capital market with an issue size of 1.60 crore equity shares in the price range of Rs 75-80 per share. The IPO closes on March 10. Another IPO from Pradip Overseas will open on March 11.


 
 

 
 
 
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