Oil prices rise as markets on tenterhooks ahead of Brexit referendum

The initial public giving (IPO) of Mahanagar Gas continuing to envision smart capitalist response on Wed, albeit the difficulty had got signed absolutely on Day one itself.

By 10.40 am on Wed, the Rs 1,040 large integer issue had received bids for two,42,66,620 shares, that were one.39 times the whole issue size of one,73,46,150 shares, knowledge obtainable with stock exchanges BSE and nse showed. the difficulty witnessed one.10 times subscription on Day one.

Investors West Chadic for one,33,87,360 shares, or 0.77 times the difficulty size on NSE. On BSE, 1,08,79,260 shares were bid for, accounting for zero.62 times the difficulty size.

The sole provider of CNG and PNG in Mumbai and therefore the contiguous areas of Thane and Navi Mumbai has set the value band for its initial public giving (IPO) at Rs 380-421.The company has put aside fifty per cent of the quota for qualified institutional consumers (QIBs). Non-institutional bidders are going to be issued less than fifteen per cent of the difficulty size. The remaining thirty five per cent quota has been marked for retail investors.

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