22 Oct 07 Religare Enterprises Limited IPO : Religare IPO opens for subscription on 29th
Religare Enterprises Limited IPO will open for subscription on October 29, 2007. The promoters and investment bankers managing the Religare IPO seem to be brave enough to let the IPO open for subscription next week (without deciding to postpone the IPO), considering the volatility in both the Indian as well as the Global markets. Religare Enterprises Limited is a Ranbaxy group company. The price band for the Religare Enterprises Limited IPO has been fixed between Rs. 160 (being the floor price of the IPO) and Rs. 185 (being the cap price of the IPO). Post IPO the shares of Religare Enterprises Limited will be listed on both the NSE and the BSE. Religare Enterprises Limited IPO will close for subscription on November 01, 2007. Religare Enterprises Limited can be compared to Motilal Oswal, which had come out with an IPO a few months back, as both of them offer the same services and target the same market. Religare Enterprises Limited had done a pre-IPO placement of 38 lakh shares with Indopark Holding Limited. The Lead Managers for the Religare Enterprises Limited IPO are Enam Securities Pvt. Limited and Citigroup Global Markets Limited while Karvy Computershare Private Limited is the registrar for the Religare IPO. For Religare IPO subscription details and Religare IPO allotment status do check this blog regularly.
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i want to know abouk reliqare entreprises ltd
HI,
I need a bit more detail about Religare like whats the total size, issue type and limit for retail investor’s etc etc. Can you pls tell me where can i find it.
what is business of religare ?
what is the lot size of Religare IPO and what is the expected listing price of Religare IPO
plz suggest me should i buy Religare IPO or not?
Whether Investment can be made in Religare for Listing gain or as a long term bet.Whether issu is at discount or premium or at par with its peers.
Dear sir,
I want to apply for the IPO of Religare enterprises limited what about the position of the IPO and how many shares can I get the firm allotment of minimum shares
Religare offers a large and diverse bouquet of services ranging from equities, commodities, insurance broking, to wealth advisory, portfolio management services, personal finance services, Investment banking and institutional broking services.
They are coming with an IPO starting on 29 Nov.
Issue Size – 7,576102 Equity Shares Of Rs. 10 Each
can i subcribe this issue. why?
What is the Grey market premium for religare
Religare IPO subscribed nearly 6 times on day 1
The initial public offer (IPO) of Religare Enterprises, a financial services provider led by promoters of Ranbaxy
Laboratories, today got subscribed by nearly six times on its first day of issue.
The IPO received bids for 4.50 crore shares against 75.76 lakh equity shares on offer, data available on the stock exchanges show.
Indeed a good start
sir i would like to know how many investor applied for ipo of religare on 2007 and what is method applied by company in allotment of share and where every investor get the share and if get how many share was alloted to investor on ipo of religare 2007
It’s very fine if they invest to develop small country like Maldives..hope it will hapen tks.
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