Edelweiss Capital, Renaissance Jewellery to list on Dec 12


After receiving overwhelming response to the initial public offers, Edelweiss Capital, and Renaissance Jewellery will list on the bourses on December 12, 2007. The offer price has been fixed at Rs 825 and Rs 150 respectively.

Edelweiss Capital issue was subscribed 110.96 times. Analysts expect that the Edelweiss Capital stock will list above Rs 1500 on December 12, 2007 as against issue price of Rs 825.

Renaissance Jewellery, manufacturer of studded gold, platinum and silver jewellery, had entered capital market with a public issue of 53.24 lakh shares of Rs 10 each at a price band between Rs 125 and Rs 150. It was subscribed 23.63 times.The company had issued one detachable warrant for every two equity shares allotted. Warrant exercise price would be at a fixed premium of 25% over the issue price. A warrant exercise period will commence post 16 months from the date of allotment of the equity shares and warrants.

0 comments:

Post a Comment

All comments are moderated. Please post no spam

Disclaimer & Privacy Policies

(c) Mrs. Ruby Christy. This site and contents are owned by Mrs. Ruby Christy;
Use of this website and/or services offered by us indicates your acceptance of our Disclaimer& Privacy Policies.

Information and opinions provided on this website (www.investchips.com) has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or omissions. Investchips.com and its affiliates, information providers or content providers and R.John Christy and his Family shall have no liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this website or feeds, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information. Investchips.com,its affiliates, information providers ,content providers and R. John Christy and his Family shall have no liability for investment decisions or other actions taken or made by you based on the information provided on this website. Any action you choose to take in the markets is totally your own responsibility. Investchips.com and R. John Christy and his Family will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. This information is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. Opinions expressed by R. John Christy are his own and not of his past, present and future employers.
The DoubleClick DART cookie is used by Google in the ads served on this websites displaying AdSense for content ads. When users visit this website and either view or click on an ad, a cookie may be dropped on that end user's browser.
  • Google, as a third party vendor, uses cookies to serve ads on this site.
  • Google's use of the DART cookie enables it to serve ads to your users based on their visit to this site and other sites on the Internet.
  • Users may opt out of the use of the DART cookie by visiting the Google ad and content network privacy policy.
  • www.investchips.com never collects any personal information of visitors.