OnMobile Global Limited has informed the market they have decided to go ahead with one for one bonus issue of equity shares to all the Shareholders of the company. The Bonus Shares distributed shall, for all purposes, be treated as an increase in the nominal amount of the Capital of the Company, held by each such member and not as income. The [...]
Sorry this post was there in my database and got by mistake updated now - sorry about the confusion - originally they had the proposed interest rate and they changed it when the bond opened itself .State Bank of India informed the market that it has cut the interest rate on its proposed public issue of subordinated bonds aggregating up to Rs [...]
State Bank of India’s high-yielding bonds which was open to market yesterday which is fetching a near 10% interest for 15-year bonds from a sovereign-backed institution led to many conservative investors and traders piling on to buy them for which applications will be accepted in just 126 of the more than 12,567 branches.As it requires De-mat [...]
SBI which ;aunched its bond issue for the first time to retailers in January 2011 was a huge win among the retailors is coming out with second set of BOND today . The bank is launching its bond offering to raise up to Rs 2,000 crore, in which investors have the option to invest either for 10 years or for 15 years, with the shorter durations bonds [...]
Coal india IPO allotment is ready and can be viewed now , there is some or other allotment for everyone that have applied for , they have fixed the IPO price at 232.75 and if you have applied for 250 you would get 125 allotment .Coal India IPO Allotment status can be found here.
Wipro net profit declines 4.87% to Rs 1172.10 crore in the qtr ended September 2010 compared to Rs 1232.10 crore during the previous qtr ended september 2009. Sales rose 11.93% to Rs 6556.90 crore in the qtr ended September 2010 compared to Rs 5857.80 crore during the previous qtr end September 2009.
SBI Debut Bond that opened today had subscribed by more than 16 times on the first day itself ,We need to find where the indian retailers and HNI get the money from for applying to the Bond ans also for the Coal India IPO. Economic times have reported that SBI's first retail bond issue of Rs 1,000 crore was subscribed almost 17 times on the [...]
State bank of India to launch retail bond in the month of October 2010 .They are planning to have two type of issue in this Retail Bond they are offering. Issue Details PUBLIC ISSUE BY THE STATE BANK OF INDIA (―BANK‖ OR ―ISSUER‖) OF SERIES 1 LOWER TIER II BONDS OF FACE VALUE OF RS. 10,000 EACH AND SERIES 2 LOWER TIER II BONDS OF FACE [...]