Motilal Oswal is coming up with a Public Issue to raise Rs 246 crore by selling its 29,82,710 shares with face value of Rs 5 each through 100% book building process. The price band of the IPO is Rs 725-825 per share. The issue will close on Thursday.
BSE has declared that from Tuesday, August 14, 2007; the equity shares of Omnitech InfoSolutions Limited (Scrip Code: 532882) are scheduled and accepted for transaction on the stock exchange in the list of ‘B1’ Securities Group.
The company’s equity shares (Symbol: OMNITECH) shall be listed and allowed to dealings on the NSE w.e.f. August 14, 2007.
Today the equity shares of Kolkata-based integrated infrastructure player Simplex Projects were listed at Rs 323.75 or 75% premium to its issue price of Rs 185 on the BSE.
During the day, the scrip touched an intraday high of 323.75 and low of 266.70. Lastly, the company’s shares closed at Rs 272.05, an increase of 47%.
There were 6,719.672 shares for trading on the BSE counter.
Motilal Oswal is coming up with a Public Issue to raise Rs 246 crore by selling its 29,82,710 shares with face value of Rs 5 each through 100% book building process. The price band of the IPO is Rs 725-825 per share. The issue will close on Thursday.
The government is making plans to offload its stake from Oil India (OIL).
BSE has declared that from Tuesday, August 14, 2007; the equity shares of Omnitech InfoSolutions Limited (Scrip Code: 532882) are scheduled and accepted for transaction on the stock exchange in the list of ‘B1’ Securities Group.
