Hindustan Copper share sale raises 8.1 billion rupees

Comments (1)
lswain wrote:

One would have thought that better price realisations would have been ensured with the higher(post-issue)free float. How can the pre-dilution market price be INR212.95 (on Friday)and the actual sale be concluded at a much lower average price of just INR156 plus?! Were prices skewed by the limited free float or were the Investment Banks too keen to ensure the “success” of the “Offer” by fixing too low a floor price?!!!

Nov 24, 2012 4:29pm IST  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.