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Track all the latest updates and news of MGF IPO.
April 15, 2024 3:30:00 AM
Lossmaking young tech start-ups are advised to approach IPO roadshows with an eye-catching tale of future growth and some flattering numbers to back it up. In 2024, that is not happening.
Published by : The Financial TimesMarch 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 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 : KiplingerApril 18, 2024 3:30:00 AM
IIFL Securities and ICICI Securities are the book running lead managers for the JNK India IPO, while Link Intime India is the registrar for the issue. Nephro Care IPO: Nephro Care India Ltd has ...
Published by : Business TodayMarch 22, 2024 3:04:00 AM
While Reddit still relies on advertising for the vast majority of its revenue, it touted AI in its IPO marketing roadshow as an area of growth. It also disclosed last week that the Federal Trade ...
Published by : New York PostMarch 21, 2024 1:16:00 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 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 21, 2024 3:30:00 AM
In what�s poised to be one of the biggest initial public offerings of the year, Reddit disclosed financial details of its forthcoming IPO, which could raise as much as $748 million. On Monday ...
Published by : YahooMarch 20, 2024 7:01:00 PM
Reddit�s IPO this week has raised the question of how the social-media platform makes money and plans to turn a profit. Reddit�s total revenue was $804 million in 2023, an increase of 21% from ...
Published by : MarketWatchApril 15, 2024 3:30:00 AM
At a more modest multiple of 18 times, and applying an IPO discount of perhaps 25 per cent, yields a valuation of �13.5bn, at the lower end of the �13bn to �15bn that CVC is reportedly ...
Published by : The Financial TimesAs per NSE Notice ' Members are requested to note that the book building issue of EMAAR MGF LAND LIMITED which was scheduled to close on 11th Feb. 2008, has been withdrawn by the Lead Managers and now the Issue stands Close.'
Emaar MGF Land Ltd subscribed by 0.83 times. Non Institutional category subscribed around 0.9811 times while Qualified Institutional Buyers (QIBs) quota subscribed around 0.9923 times.
Retail Individual Investors (RIIs) category subscribed 0.4693 times.
Emaar MGF Land Limited IPO subscribed 0.75 times till 17:00:00 IST. As per Sebi regulations, the company has to receive a minimum subscription of 90% of the issue. So the IPO which was scheduled to close on 6th Feb. 2008, is now extended by 5 days and now the issue will close on 11th Feb. 2008.
Once again the price band for the issue has been changed from Rs. 540/- to Rs. 530/- at lower level & upper level will remains same. This is the second time when company is revising the price band. The first price band was Rs 610-690 which the company changed it to Rs 540-630.
Incorporated in 2005, Emaar MGF Land Limited is a joint venture between Emaar Properties PJSC ('Emaar') of Dubai and MGF Development Limited ('MGF') of India. Emaar is one of the world's leading real estate companies - having developed approximately 45.0 million square feet of real estate across residential, commercial and other business segments and with operations in 16 countries. Emaar's primary business is the development of properties in the residential, commercial, retail and hospitality sectors. They have also identified healthcare, education and infrastructure as business lines for future growth.
Emaar MGF Land Limited is entering in the capital markets with an initial public offering, IPO of 102,570,623 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs. 540/- at lower level and Rs. 630/- at upper level for equity share of Rs. 10/-. The issue opens on Feb 01, 2008, and closes for subscription on Feb 06, 2008. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The MGF IPO is proposed to open on February 1, 2008. The IPO application ends on February 11, 2008.
Retail investors can apply in the retail or non-institutional investor category from February 1, 2008 to February 11, 2008. The MGF IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The MGF IPO will open for subscription on February 1, 2008. The public issue will close on February 11, 2008.
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