Six SMEs launch IPOs despite weak market trends

THE ECONOMIC TIMES Tue, Aug 20, 2013 | 10:02 AM IST IPO Newsletter

Six SMEs launch IPOs despite weak market trends Six SMEs launch IPOs despite weak market trends Despite sluggish market conditions, six small and medium sized companies have launched their IPOs worth Rs 70 crore in the past one month. NMDC's Legacy Iron cancels AUD 25 mn rights issue NMDC's Legacy Iron cancels AUD 25 mn rights issue Legacy Iron Ore, the Australian arm of state-owned NMDC, has cancelled its rights issue citing 'weak market' conditions. Muthoot Finance files draft paper with Sebi Muthoot Finance files draft paper with Sebi Muthoot Finance, is one of the largest gold financing company in India, with a market share of over 20 per cent as of March 31, 2012. Godrej Prop to raise Rs 700 cr via rights issue Godrej Prop to raise Rs 700 cr via rights issue Promoters had 74.98 per cent stake in the company as on June 30. Mumbai-based Godrej Properties plans to launch the rights issue this fiscal. IPO scam: Sebi order against NSDL set aside IPO scam: Sebi order against NSDL set aside The Securities Appellate Tribunal (SAT) today quashed a regulatory order against top depository NSDL.

Company Name Issue Size Status Date of Relevance Volume   Just Dial Ltd. 927364850.00 Close 20/05/2013 to 22/05/2013 530.00

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