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Track all the latest updates and news of Fatpipe Networks IPO.
March 21, 2024 1:36:00 AM
The price of the IPO will benefit Reddit�s largest shareholders, including co-founder Steve Huffman�who has a 3.3% stake in the company, according to the New York Times�Conde Nast�s parent ...
Published by : ForbesApril 11, 2024 8:36:00 AM
The Reddit IPO will arguably go down as one of the most anticipated initial public offerings (IPOs) of 2024, and it did not disappoint. On Wednesday, March 20, the social media company priced its ...
Published by : KiplingerMarch 17, 2024 10:12:00 PM
The sources said the marketing of the IPO was continuing and asked not to be identified because the details are confidential. A Reddit spokesperson declined to comment. Reddit has already curbed ...
Published by : ReutersMarch 23, 2024 6:40:00 AM
Shares of the social media company soared on its Big Board debut under the ticker RDDT, closing at $50.44, or 48 percent above its IPO price. This brought its fully diluted market capitalization ...
Published by : Ars TechnicaMarch 18, 2024 6:34:00 PM
Reddit�s impending IPO could be a trailblazer for other public offerings in 2024, says Josh White, assistant professor of finance at Vanderbilt University. �My sense is that the Reddit IPO ...
Published by : MarketWatchMarch 18, 2024 1:03:00 AM
Reddit's initial public offering (IPO) is currently between four and five times oversubscribed as it seeks a $6.5 billion valuation, people familiar with the matter told Reuters on Sunday.
Published by : Fox Business on MSNMarch 21, 2024 2:07:00 AM
Reddit priced its initial public offering at the high end of its targeted range, a sign that investor enthusiasm could be returning for new issues. Reddit, set to debut Thursday under the ticker ...
Published by : Wall Street JournalMarch 20, 2024 1:45:00 AM
NEW YORK, March 19 (Reuters) - Israeli cybersecurity firm Cato Networks, which was valued at ... valuation it will target at the time of its IPO. JPMorgan and Barclays declined to comment.
Published by : ReutersMarch 21, 2024 8:52:00 PM
The reception is a positive indicator for the social media sector, which has been experiencing an IPO dry spell. Founded in 2005 by web developer Steve Huffman and entrepreneur Alexis Ohanian ...
Published by : Fox BusinessMarch 21, 2024 11:41:00 PM
Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share ...
Published by : TechCrunchFatpipe Networks India Ltd IPO subscribed 0.32 times on its day 1. Fatpipe Networks IPO was open on Jun 07, 2010 and will close on Jun 09, 2010 for subscription. Fatpipe Networks has received bids for 19,31,370 shares as against issue size of 59,75,610 shares.
Oversubscription detail for Day 1
Qualified Institutional Buyers (QIBs): 0.6289 Times
Non Institutional Investors: 0.0000 Times
Retail Individual Investors (RIIs): 0.0250 Times
Total: 0.32 Times
Fatpipe Networks India Limited (FNI) is entering in the capital markets with an initial public offer of 49 crore. The price band for the issue has been fixed at Rs 82/- at lower level and Rs 85/- at upper level for equity share of Rs 10/-.
Fatpipe Networks provides services to global corporations and government offices with technology that increases the security and reliability of Wide Area Networks, corporate extranets, Virtual Private Networks and all last-mile Internet connections, including wireless connectivity. Fatpipe's core technology, router clustering, involves patented and patent-pending methods that provide the highest levels of optimization, reliability, security and acceleration of Wide Area Networks (WANs) and enable high-speed data transfer through multiple lines, multiple ISPs, and backbones over WANs with seamless reassembly of data streams.
The issue opens on Jun 07, 2010, and closes for subscription on Jun 09, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Fatpipe Networks IPO is proposed to open on June 7, 2010. The IPO application ends on June 9, 2010.
Retail investors can apply in the retail or non-institutional investor category from June 7, 2010 to June 9, 2010. The Fatpipe Networks IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Fatpipe Networks IPO will open for subscription on June 7, 2010. The public issue will close on June 9, 2010.
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