UB raises Rs 600 cr via QIP issue

Post Comment

Larger | Smaller

Express news service Tags : Posted: Saturday , Dec 08, 2007 at 0123 hrs MUMBAI::

Related Articles
Most Read Articles

Indians not willing to take risk in business Indians not willing to take risk in business Markets in correction mode BHEL: Foreign hand to help plug power gaps Mahindra Holidays fixes IPO band at Rs 275-325 Ministries to finalise ‘Go’ and ‘No Go’ areas for coal mining

We know talks are important, but end violence first: India to Pak Govt says no US support for UNSC permanent seat Unravelling the sari myth Also in China Will complete Doha Round by 2010: India agrees with G8 'Kambakkht Ishq' grosses over Rs 46 cr worldwide: Eros Experts ask real estate to realise social responsibility

Discussion
Blogs

Laloo's alleged surp... - By Rajesh Vyas With the full backin... - By Muralidharan Pakistan marines tra... - By Dr. Paras Deo What ever evidence??... - By Muralidharan Us money to pak - By Musafir Lord nazir ahmed - By Muralidharan Mr anand sharma you ... - By Muralidharan

BJP and Hindutva Do we follow the law ?Give this a thought Railway budget

United Breweries (Holdings) Ltd, the holding company of the $10 billion-Vijay Mallya Group, has priced its issue of equity shares under the qualified institutional placement (QIP) guidelines of Sebi today. The company had launched the Rs 600 crore-QIP offering on Tuesday.

The price per equity share of Rs 10 each has been fixed at Rs 1,110. This price is at a par with the average closing price of the company for the past 15 trading days. The QIP issue was oversubscribed by over 2.6 times. CLSA India acted as the sole global coordinator and book running lead manager for this offering. Ambit acted as the co-book running lead manager.

UBHL will issue 5,405,405 equity shares of Rs 10 each through this offering. Applications will be made to list the equity shares on the Bombay and Bangalore Stock Exchanges.

Express Specials

Comments

Post comment

Be the first to comment.

Post a Comment

Name:

Email:

Title:

Maximum characters allowed

Comment:

TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).

I agree to the terms of use.