BSE IPO oversubscribed nearly 12 times on the last day of the offer
The BSE IPO received bids for 12,80,04,066 shares against the total issue size of 1,07,99,039 shares, data available with NSE till 13.30 hours showed25-01-2017
25-01-2017
Declaration of NAV
Invesco India Gold Exchange Traded Fund has informed BSE about the NAV of the Scheme dated January 24, 2017 and is placed at Corporate Announcement on BSE-India Website.25-01-2017
Declaration of NAV
Birla Sun Life Mutual Fund - Birla Sun Life Gold ETF has informed BSE about the NAV of the Scheme dated January 24, 2017 and is placed at Corporate Announcement on BSE-India Website.25-01-2017
Declaration of NAV
Canara Robeco Mutual Fund - Canara Robeco Gold Exchange Traded Fund has informed BSE about the NAV of the Scheme dated January 24, 2017 and is placed at Corporate Announcement on BSE-India Website.25-01-2017
BSE's Rs 1,243 Crore IPO Fully Subscribed
The IPO, which closes tomorrow, received bids for 1,08,89,568 shares against the total issue size of 1,07,99,039 shares, data available with the NSE till 1330 hrs showed.24-01-2017
Should you subscribe to the BSE IPO?
The Bombay Stock Exchange's Initial Public Offering (IPO) to raise upto Rs. 1,243 crore, has been fully subscribed as of the afternoon today. This is the second day of the offer - the IPO closes tomorrow, and has already received bids for 1.088 crore shares, against an issue size of 1.079 crore shares. The BSE is looking to raise up to Rs 1,243 crore from the offering priced at Rs 805-806 per share. Should you subscribe? Analysts have leaned positive on this IPO. While the exchange's revenue growth has slowed in FY16, the offering is inexpensively priced compared to India's other listed exchange, MCX, which trades at a 40+ P/E currently compared to the BSE IPO P/E of 20.7, on estimated FY17 earnings. Analyst Subscribe? Y/N Comments ICICI Securities YES "Diverse revenue sources, growing equity investment market" Link Angel Broking YES "Listing and other corporate fees charged by BSE provide a strong revenue cushion" Link HDFC Securities IPO Note "Strong electronic trading systems, exploring new sources of revenue such as the MF investment platform" Link Mint Analysts YES, with caveats "Priced modestly, but exchange has seen sluggish growth. NSE has cornered equity derivatives market." Link24-01-2017
Declaration of NAV
Invesco India Gold Exchange Traded Fund has informed BSE about the NAV of the Scheme dated January 23, 2017 and is placed at Corporate Announcement on BSE-India Website.24-01-2017
Declaration of NAV
Birla Sun Life Mutual Fund - Birla Sun Life Gold ETF has informed BSE about the NAV of the Scheme dated January 23, 2017 and is placed at Corporate Announcement on BSE-India Website.24-01-2017
Declaration of NAV
Birla Sun Life Mutual Fund - Birla Sun Life Gold ETF has informed BSE about the NAV of the Scheme dated January 23, 2017 and is placed at Corporate Announcement on BSE-India Website.24-01-2017