Tag Archives: oversubscribed

News Live: Godrej Agrovet IPO draws heavy demand, oversubscribed 95 times

Top Headlines:1. The GST Council announces steps to ease compliance burden on small businesses 2. Anti-nuclear campaign ICAN wins 2017 Nobel Peace Prize 3. Aadhaar now mandatory for post office deposits, PPF, and National Savings Certificate 4. Devalue rupee or provide stimulus: India faces difficult choices in bid to boost growth 5. Despite cut, Moody’s says fuel rate 2.5 times of Singapore benchmark ... Read More »

NHAI’s public issue of tax-free bonds oversubscribed

National Highways Authority of India’s (NHAI) public issue of tax-free bonds saw considerable response on Wednesday even as investors bid 2.76 times the notified amount of Rs 3,300 crore, according to information provided by bond arrangers by evening. The highest subscription came from the corporates category at 6.6 times the allotted size of Rs 660 crore. This was followed by ... Read More »