Today’s News on BSE IPO
The first initial public offering (IPO) of 2017 will open on January 23. BSE’s IPO, the first by a domestic stock exchange, is aiming to raise Rs 1,243 crore through its issue, which will close on January 25. The bourse has fixed the price band at Rs 805-806 per share. Future Tips The IPO of 15,427,197 shares of face value of Rs 2 each, will constitute up to 28.26 percent of the fully-diluted post offer issued share capital of BSE. Bids for the issue can be made for a minimum of 18 shares and in multiples of 18.
It has raised Rs 373 crore by allotting shares to anchor investors Goldman Sachs Asset Management, ICICI Prudential Mutual Fund, Kotak Mutual Fund, Citigroup, IDFC Mutual Fund, DSP Blackrock, Capital World, Reliance Capital Trustee Company and Kuwait Investment Authority Fund. [if !supportLineBreakNewLine] [endif]
