Page 26 - Mini Ratna News Today : Breaking News, Live Updates & Top Stories | Vimarsana

NEW DELHI: After a brief pause, the domestic primary market is back in action with a couple of issues lined up for the coming week. Investors are keenly waiting for the new debutants, and the grey market too has joined the party. The premium on the unlisted shares of RailTel has surged to Rs 44-47 in the grey market, the unofficial market for trading in unlisted shares. This translates into a 50 per cent bump up on the IPO price of Rs 93-94 per share. The Rs 819-crore initial public offering opens on Tuesday, February 16, through which the government will sell a 27.16 per cent stake. The bidd...

Synopsis The quota for retail investors in RailTel IPO is fixed at 35 per cent of the net offer. Agencies RailTel shares is likely to list on the stock exchanges by February 26. NEW DELHI: RailTel Corporation, a PSU that provides internet services for the Indian rail system along with other things, is scheduled to launch its initial public offer (IPO) next week. The government will sell 27 per cent in the company to raise Rs 819 crore. RailTel will not receive any proceeds from the offer and all such proceeds will go to the government, helping it with constrained finances. Here is everything ...

RailTel IPO will open on February 16 and remain open till February 18.This would be the seventh initial public offerings this year, and second by the Ministry

Govt Plans To Sell 20 Per Cent Stake In National Fertilizers Limited Through Offer For Sale National Fertilizers Ltd logo (Pic Via Wikipedia) Centre plans to sell 20 per cent stake in National Fertilizers Ltd (NFL) through 'offer for sale'. The Department of Investment and Public Asset Management (DIPAM) has invited tenders from law firms with experience and expertise in public offerings and OFS in capital markets to act as legal advisers and assist the government in the process. It has also sought tenders from merchant bankers for the sale process. "The GoI intends to disinvest 20 per cent p...

Centre plans to sell 20 per cent stake in National Fertilizers Ltd (NFL) through 'offer for sale'.The Department of Investment and Public Asset Management (DIPAM) has invited tenders from law firms with experience and expertise in public ...