Securities and Exchange Board of India (SEBI) Chairman C.B. Bhave yesterday increased the investment limit in IPO and FPO (follow on public offer) to Rs.2 lakh from current limit of Rs.1 lakh for retail investors. But, many feels this is still a small limit. ... [Continue Reading]
How is Coal India’s IPO, Subscribe or Not
It is the largest of all IPOs we had this year. This year has been quite lively, and at least the last few months. The primary market has markets surged to new 25 weeks high. But it has all been building up to the big one which opens next week on October 18(Monday). That’s Coal India. The government yesterday fixed the price band for its IPO at Rs.225-245. Subscription to this Rs. 15,000 crore IPO ... [Continue Reading]