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Track all the latest updates and news of Samvardhana IPO.
March 21, 2024 3:30:00 AM
Reddit went public on Thursday, after much anticipation and speculation. The IPO price was set at $34 per share and, by 4 p.m. ET, when the closing bell rang, it had risen and held steady ...
Published by : MashableMarch 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 : TechCrunchMarch 22, 2024 11:08:00 PM
Reddit's journey from a college dorm room idea to a publicly traded entity capped off with a $6.4 billion IPO on Thursday, cementing its place as the newest social media company to go public.
Published by : NewsweekMarch 20, 2024 3:30:00 AM
Reddit priced its highly anticipated initial public offering (IPO) at $34 per share, resulting in a $6.4 billion valuation. The social media company seeks to sell 22 million shares. Reddit shares ...
Published by : InvestopediaMarch 21, 2024 3:43:00 AM
Social media platform Reddit, priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, raising $748 million and giving the ailing technology IPO ...
Published by : New York PostMarch 23, 2024 12:48:00 AM
Reddit, which priced its IPO at $34 a share, debuted Thursday afternoon at $47 a share. At the close of trading, it was up 48% at $50.44, backing off a peak of $57.80. Reddit, which priced its IPO ...
Published by : WRALMarch 14, 2024 3:30:00 PM
The best time to make money in biotech is usually during periods of cautious optimism. There are strong signs that right now might be one of those moments. The always-volatile industry has just ...
Published by : Wall Street JournalMarch 21, 2024 10:27:00 AM
The company, along with executives and employees, sold 22 million shares in its public offering and said ahead of the IPO that it would set aside 8% for some of the site's biggest users and ...
Published by : Business InsiderMarch 20, 2024 11:29:00 AM
Good morning! Fortune reporter Luisa Beltran here filling in for Allie. The most important IPO this week isn�t Reddit, the social media company that counts Sam Altman as an investor. Instead ...
Published by : AOLMarch 21, 2024 7:59:00 PM
After years of anticipation, Reddit finally conducted its initial public offering (IPO). Nicknamed the �front page of the internet,� Reddit offers message boards that allow users to ask ...
Published by : AOLSamvardhana Motherson Finance Ltd (SMFL) has withdrawn its Rs 1665.00 Crore IPO due to poor response from investor across the board.
SMFL public issue subscribed 0.23 times on its final day of subscription. QIB quota of the IPO subscribed most with bids received for 57% shares. The response in Non Institutional, Retail Individual and Employee Reservation quota was worst in recent years. All of these categories received bids only for 1% of the quota allocated.
As per experts, wrong timing of the IPO and stiff pricing of the shares as two major reasons for the failure of Samvardhana IPO.
SMFL is entering in the capital markets with an initial public offering, IPO of Rs 1413 Crore. The price band for the issue has been fixed at Rs 113/- at lower level and Rs 118/- at upper level.
Incorporated in 2004,Samvardhana Motherson Finance Limited (SMFL) is a multinational business with manufacturing and design capabilities providing full system solutions to diverse industries. SMFL provides an end-to-end range of design and manufacturing solutions to the automotive customers, including product concept and product design, engineering, manufacturing, sub-assembly and the production of integrated modules.
The issue opens on May 02, 2012 and closes for subscription on May 04, 2012. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Samvardhana IPO is proposed to open on May 2, 2012. The IPO application ends on May 4, 2012.
Retail investors can apply in the retail or non-institutional investor category from May 2, 2012 to May 4, 2012. The Samvardhana IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Samvardhana IPO will open for subscription on May 2, 2012. The public issue will close on May 4, 2012.
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