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Showing posts with label Midfield Industries. Show all posts
Showing posts with label Midfield Industries. Show all posts

Wednesday, August 04, 2010

Midfield Industries surges on debut


Settles at Rs 163.05 on BSE

Midfield Industries settled at Rs 163.05 on BSE, a 22.59% premium over the initial public offer price of Rs 133. The stock debuted at Rs 159.40, a 19.85% premium over the initial public offer (IPO) price. The stock hit a high of Rs 174.90 and a low of Rs 150. On BSE, 2.38 crore shares were traded on the counter.

Thursday, July 22, 2010

Midfield Industries IPO Subscription


Qualified Institutional Buyers (QIBs) 1.86 times
Non Institutional Investors 48.41 times
Retail Individual Investors (RIIs) 13.51 times

Monday, July 19, 2010

Midfield Industries IPO fully subscribed on day one


Gets bids for 76.67 lakh shares against 45 lakh shares on offer

The initial public offer (IPO) of industrial packaging firm Midfield Industries received good response from investors on day one today, 19 July 2010. The IPO was subscribed 1.7 times by 16:00 IST and got bids for 76.67 lakh shares. The IPO closes on 21 July 2010.

SKS Microfinance - Grey Market Premium - Midfield Industries


Company Name

Offer Price

(Rs.)

Premium

(Rs.)

Aster Silicates Ltd.

118

6.5 to 7

Hindustan Media Ventures

166

3 to 3.50

Midfield Industries Ltd.

126 to 133

14 to 15

SKS Micro Finance

--

44 to 45

Friday, July 16, 2010

Midfield Industries IPO Analysis


Focused on industrial packaging

Considering the size of the company and nature of business, asking price is very high