End of the Silly Season

Nayak, Mahesh
March 2008
Business Today;3/9/2008, Vol. 17 Issue 5, p42
The article focuses on the valuations of initial public offerings (IPOs) in India. Reliance Power Ltd. lost 17 percent on the listing day and other losers were Emaar MGF, Wockhardt Hospitals and SVEC Construction. An investor banker says all limits were crossed by RPL IPO as in a way, it spoiled the market, and awakened foreign institutional investors.


Related Articles

  • MGF unveils 3,000- acre realty project.  // FRPT- Infrastructure Snapshot;11/10/2013, p15 

    The article reports that Emaar MGF Land Ltd.,has launched "Exclusive Plots" at its Mohali Hills integrated township project.

  • Emmar MGF-PayUMoney forges partnership.  // FRPT- Infrastructure Snapshot;11/2/2014, p9 

    The article reports on the 2014 partnership of real estate developer Emaar MGF Land Ltd. with payment gateway firm PayU India for an online payment facility to the former's customers.

  • Real Estate Lands in Tax Fraud.  // India Today;9/26/2011, p9 

    The article reports that high-profile buyers of Boulder Hills villa plots in Hyderabad, India, will have to explain to CBI how they purchased the property at a price of just 5,000 rupees per square yard, which is about eight times below the prevailing market price. Real estate company Emaar MGF...

  • Citi Venture Sells Stake in Emaar; Emaar to Launch IPO.  // EmergingMarketsNOW;1/22/2008, p7 

    The article reports on the decision of Citi Venture Capital International, the venture capital (VC) arm of Citigroup, to sell a 40 percent stake in Emaar MGF, one of India's leading real estate developers, gaining a fourfold return on its investment. Emaar MGF is launching an IPO. Citi held...

  • Emaar MGF Hit with Rs. 8,600 Crore Penalty Notice.  // India -- West;6/28/2013, Vol. 38 Issue 32, pB2 

    The article reports on the 8,600 crore Indian rupees penalty notice on construction firm Emaar MGF Land Ltd. and its sister firms from the Enforcement Directorate for alleged foreign exchange (forex) rules violations in New Delhi, India in 2013.

  • BERG lifetime achievement award to Hafeez Contractor.  // Architecture Update;Sep2014, Vol. 8 Issue 8, p12 

    The article announces architecture awards recipients given recently in Singapore including Indian architects Hafeez Contractor with the Lifetime Achievement Award, EmaarMGF for The Palm Springs at Gurgaon, India and Prashant Sutaria Architecture for a residential architecture in Ranchi.

  • Investors Bid Up Reliance Power IPO. Tippu, Sufia // Red Herring;1/15/2008, p6 

    This article reveals that an initial public offering (IPO) by Reliance Power, has attracted $27.5 billion worth of bids on its opening day on January 8, 2008. Its IPO was overscribed 10.5 times. Proceeds from the IPO deal will be used by Reliance Power to build power plants across India....

  • Power-packed Blueprint. Balasubramanyam, K. R. // Business Today;1/27/2008, Vol. 17 Issue 2, p43 

    The article reports on businessman Anil Ambani's plans for raising Rs. 10,000 crore via an initial public offering (IPO) of Reliance Power Ltd. (RPL), a subsidiary that is 51 percent owned by Reliance Energy. As reported, the IPO will partially fund RPL's plans for putting up 7,060 MW of...

  • Boom and Bust.  // Business Today;2/10/2008, Vol. 17 Issue 3, p16 

    The article focuses on the performance of the Indian stock market in 2008. It mentions the fall in the stock index at Bombay Stock Exchange Ltd. on January 15, 2008, despite oversubscribing of the initial public offerings (IPOs) by Reliance Power Ltd. It states the role of the possible recession...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics