IPO mkt remains sluggish; 23 firms raise Rs 538 cr this yr

THE ECONOMIC TIMES Tue, Sep 09, 2014 | 10:04 AM IST IPO Newsletter

IPO mkt remains sluggish; 23 firms raise Rs 538 cr this yr IPO mkt remains sluggish; 23 firms raise Rs 538 cr this yr An analysis of all IPOs that have hit the market so far this year shows that most of these public offers were on the SME platforms, IDFC may raise up to Rs 1000 cr via QIP or FPO IDFC may raise up to Rs 1000 cr via QIP or FPO A quick back of the envelope calculation suggests that at CMP of Rs 142/share, IDFC will be looking for a post issue share dilution of about 3.6-4.4%. Employees are making a killing on unlisted shares Employees are making a killing on unlisted shares With the emergence of wealth management firms and the rise in the number of high net worth individuals, these options have increased. Subscribe to Sharda Cropchem IPO: Brokers Subscribe to Sharda Cropchem IPO: Brokers Sharda is engaged in marketing and distribution of a wide range of formulations and generic active ingredients globally. Snowman quotes at 38% premium in grey mkt Snowman quotes at 38% premium in grey mkt The retail portion was subscribed 41 times, the HNI and qualified institutional buyers segments were subscribed by 222 and 17 times, respectively.

Company Name Issue Size Status Date of Relevance Volume   Shemaroo Entertainment Ltd. 419999960.00 Upcoming 16/09/2014 to 18/09/2014 155-170 Sharda Cropchem Ltd. 1231509864.00 Open 05/09/2014 to 09/09/2014 145-156 Snowman Logistics Ltd. 197400000.00 Close 26/08/2014 to 28/08/2014 47.00

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