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SEBI on Thursday passed its first consent orders in the IPO case. Twelve financiers named by the regulator as involved in the scam coughed up over Rs 71 crore towards disgorgement and penalty to have proceedings against them dropped under consent terms.

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Moving forward with its plans to launch a low-cost airline service, Frankfinn Aviation is now mulling a full service airline operation by 2009 end or the beginning of 2010. The airhostess-training institute is also planning an IPO at the beginning of next year . “We plan to operate both low-cost and higher end full service airline […]

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GRSL was incorporated in 1992 and converted into public limited company in 1994. It is promoted by Mr. Balvantsinh Rajput, Mr. Kanubhai Thakkar, Mrs. Bhikhiben Rajput and Mrs. Manjulaben Thakkar who have 2 decades of experience in this industry. Gokul Refoils and Solvent Ltd (GRSL) is an Ahmedabad-based oilseed processing, edible oil refining and vanaspati […]

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Kiri Dyes and Chemicals gets listed at a premium of 22.66% at Rs184 on National Stock Exchange (NSE) as against the issue price of Rs150 per share. After that the stock grew to touch a high of Rs228.70. AT 10.45 AM, it was trading at Rs179.20 up by 19.47%. The total traded quantity reported was […]

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Gokul Refoils and Solvent is coming out with Initial Public Offering (IPO) of 71,58,392 equity shares of Rs10 each for cash at a price to be decided through 100% book building process. The price band for the issue has been fixed between Rs175-Rs195 per share. The issue will open on May 8, 2008 and will […]

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India’s largest mass market discount retail chain Subhiksha Trading Services Ltd, has delayed its initial public offer (IPO) plans to the end of the year. Subhiksha said it has enough money to fund its expansion and will go in for a listing in third quarter of the current financial year. The Chennai-based retailer being advised […]

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India’s largest mass market discount retail chain Subhiksha Trading Services Ltd, has delayed its initial public offer (IPO) plans to the end of the year. Subhiksha said it has enough money to fund its expansion and will go in for a listing in third quarter of the current financial year. The Chennai-based retailer being advised […]

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SPA Securities has come out with a report on Gokul Refoils and Solvent’s IPO. It has recommended investors to ignore the issue.The issue will open for subscription on May 8, 2008 with its initial public offering (IPO) of 7,158,392 Equity Shares of face value Rs 10 each. The issue will close on May 13, 2008. […]

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 Anu’s Laboratories, engaged in the manufacture of basic, advanced intermediates and fine chemicals and supplying them to various drug manufacturers, proposes to enter the capital markets on 12th  May 2008 with a public issue of  38,20,000 Equity shares of Rs 10 each through 100% book building process. The price band has been fixed at Rs […]

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It could well be the next big ticket energy IPO. CNBC-TV18 learns from sources that GMR Energy, the wholly owned energy arm of infrastructure major GMR Group, is looking at offloading 10% stake through an ipo The company is looking at raising around USD 500 million from the market.

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