MCX dilutes stake to 3.4 pc in DGCX on rights issue

THE ECONOMIC TIMES Sat, Oct 05, 2013 | 10:00 AM IST IPO Newsletter

MCX dilutes stake to 3.4 pc in DGCX on rights issue MCX dilutes stake to 3.4 pc in DGCX on rights issue MCX held 10 per cent stake in DGCX when it began operations in 2005 and later reduced it to 5 per cent. BPCL keen on Bina Refinery IPO next fiscal BPCL keen on Bina Refinery IPO next fiscal BPCL owns 49 per cent or majority stake in the Rs 11,397-crore Bina Refinery with the rest being held by Oman Oil Company. 'Reforms help retail interest in IPOs grow 3-times' 'Reforms help retail interest in IPOs grow 3-times' The average number of individual investors bidding for shares in a public offer has risen over three times to 1.17 lakh. IPO fund diversion: Investors to get exit offer IPO fund diversion: Investors to get exit offer There have been instances of the companies changing their strategy for funds raised through an IPO after securing shareholders' approval. Godrej Properties raises Rs 700 cr via rights issue Godrej Properties raises Rs 700 cr via rights issue Godrej Properties said the Rights Issue Committee of the board has allotted 21,538,388 shares at Rs 325 per share to the successful applicants.

Company Name Issue Size Status Date of Relevance Volume

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