Nifty99000 100%

Sensex99000 100%

Article rating: 5.0
Tags:
Article rating: 5.0
Tags:
Article rating: 5.0
Tags:
Article rating: 5.0
Tags:
Article rating: 3.8
Tags:
Article rating: No rating
Tags:
What's in Store: Does Coronavirus Outbreak bode Ill for markets?
Categories: Exclusive

What's in Store: Does Coronavirus Outbreak bode Ill for markets?

The global supply chain for most products is linked to China, which is the epicenter of the Coronavirus outbreak. This can cause disruption globally with India impacted as well, depending on how long it lasts

Article rating: 4.0
Tags:
A 5-Step Simple Path To Loan Repayment
Categories: Exclusive

A 5-Step Simple Path To Loan Repayment

Today’s generation is all about the so called ‘Swag’ lifestyle, where patience is minimum and hustle-buslte is maximum. This swag lifestyle can make you end up with long credit card bills, heavy interest ridden debt, high EMIs and low or no cash reserves.

Article rating: No rating
Tags:
RBI Pauses On Interest Rate, What’s Next?
Categories: Exclusive

RBI Pauses On Interest Rate, What’s Next?

Central bank is understandably reluctant to cut rates when inflation is breaching its 2-6% mandate, say experts

Article rating: No rating
Tags:
A Few Smart Last-Minute Tax-Saving Investment Options For FY20
Categories: Exclusive

A Few Smart Last-Minute Tax-Saving Investment Options For FY20

Taxpayers should complete all their tax-saving investments well before the financial year deadline to avoid last-minute glitches.

Article rating: 5.0
Tags:
Does New Option Of Lower Tax Slabs Work For You?
Categories: Exclusive

Does New Option Of Lower Tax Slabs Work For You?

Moreover, a tax payer will not be able to claim carry forward, the losses under house property head under the new scheme

Article rating: 5.0
Tags:
Article rating: 4.0
Tags:
Nirmala's big-picture Budget 2020 offers no quick fix for growth
Categories: Exclusive

Nirmala's big-picture Budget 2020 offers no quick fix for growth

Disappointed Markets also reacted negatively on account of non-abolition of LTCG, confusion about DDT removal impact and taxing dividends in hands of recipient

Article rating: 4.5
Tags:
Loans: The Unwanted Guest Costs You More
Categories: Exclusive

Loans: The Unwanted Guest Costs You More

Banks, finance companies always counting on borrowers to make a mistake and pay interest or even late fees

Article rating: 5.0
Tags:
6 Budget Announcements That Impact Your Personal Finance
Categories: Exclusive

6 Budget Announcements That Impact Your Personal Finance

New income-tax rates are optional; dividends to be taxed at your hands; ESOPs get tax relief; timeline to avail loan for affordable housing extended; definition of NRI changed and much more

Article rating: 3.8
Tags:
Article rating: 5.0
Tags:
RSS

News

ICICI Sec makes weak debut;stock dips 14% below issue price

Author: PTI/Wednesday, April 4, 2018/Categories: Stocks

ICICI Sec makes weak debut;stock dips 14% below issue price

New Delhi, April 4 - In a muted debut, shares of ICICI Securities today settled at Rs 445.05 on BSE, down 14.41% over its issue price of Rs 520.

The stock got listed at Rs 431.10 with a discount of 17.09% over the issue price. During the day, it touched an intra-day high of Rs 462.70 and an intra-day low of Rs 431.10.

At the end of the trading session, the market capitalisation of the company stood at Rs 14,336.90 crore.

On NSE, the stock opened at Rs 435 with a discount of 16.34% over the issue price.

During the day, the stock touched a high of Rs 463 and a low of Rs 435 and finally settled at Rs 441.50.

The company had raised Rs 3,515 crore from its recently concluded initial public offer (IPO).

A total of 67,593,245 equity shares have been allotted at an offer price price of Rs 520 apiece, the upper end of the price band, aggregating to Rs 3,514.85 crore.

Earlier, ICICI Securities had reduced the size of its IPO to a little over Rs 3,500 crore after the sale elicited sluggish response, especially from high net worth individuals.

The share sale of the leading brokerage firm - which was to raise up to Rs 4,016 crore - received around 88% subscription, including the anchor portion, on the last day of bidding on March 26.

Print Rate this article:
No rating

Number of views (236)/Comments (0)

rajyashree guha

PTI

Other posts by PTI
Contact author

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Videos

Ask the Finapolis.

I'm not a robot
 
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
 
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest
 
 

Categories

Disclaimer

The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free