Friday, March 9, 2012

MCX ends with 26% premium

Shares of Multi Commodity Exchange of India settled at Rs. 1,297.05 on BSE, a premium of 25.68% over the initial public offer price of Rs. 1,032. The counter discovered an equilibrium price of Rs. 1,387 on BSE, which was 34.39% premium to the initial public offer (IPO) price. An hour-long special pre-open session, which started at 9:00 IST to discover the equilibrium price through a call auction, was available only on the BSE. The stock hit a high of Rs. 1,426 and low of Rs. 1,282.10. On BSE, 60.18 lakh shares were traded on the counter. Multi Commodity Exchange of India (MCX) is the first company to be listed after the Securities and Exchange Board of India (Sebi) introduced circuit filters on the listing day.

Wednesday, March 7, 2012

Olympic Cards Ltd gets Listed

Incorporated in 1961, Olympic Cards Ltd is the Manufacturer and Supplier of Invitation cards for all occasions. They are one of the leading manufacturers of paper / board based products, with a presence mainly in southern India. Company is presently in the business of manufacturing and trading Wedding Cards, Greeting Cards, Envelopes, Letter Heads, Business Cards, Calendars, Notebooks, Account Books, etc.