Author Topic: CARE IPO Receives Approval from SEBI - Most Likely in Dec  (Read 7753 times)

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CARE IPO Receives Approval from SEBI - Most Likely in Dec
« on: November 27, 2012, 07:53:14 PM »
Credit Analysis and Research Limited (CARE) RHP has received final approval (on 26 Nov, 2012). Below are the Final  issue timelines.
 
November 30, 2012 (Friday) – Price Band Announcement
December 6, 2012 (Thursday) - Anchor Open / Close
December 7, 2012 (Friday) - Issue Open
December 11, 2012 (Tuesday) – Issue Close (For all categories of Investors)
 
Brief Issue Details:
Total Number of Shares to be allotted: 7,199,700
Fixed Dilution Issue: 25.22% (100% Secondary Offering by the Selling Shareholders)
Issue Type: 144 (A) and Reg S
BRLM: Kotak, SBI Caps, ISec, BoAML, IDBI Cap, Edelweiss