Sunday, February 7, 2010

Jubilant FoodWorks

Jubilant FoodWorks
FoodWorks excited, and Domino's operator business in India, and will be listing its shares on stock markets in the February 8, 2010. The company has set the price of issue at 145 rupees, at the top end of the price range of Rs 135-145.

The initial public offering (IPO) 22670447 shares of stock and opened during the month of January 18-20, 2010. The company has raised Rs 328.72 billion rupees from this issue, which was subscribed 31.11 times, according to data available on the forgotten.

Qualified institutional investors' reserved portion subscribed 59.39 times followed by non-institutional investors 51.95 times and retail 3.78 times.

The company had received a commitment from Rs 44.37 crore of the main investors, which include Arisaig Partners, Black Rock, Canara Robeco central, global capital, and sincerity, Franklin Templeton, HSBC, Prudential, Reliance center, the center of the Subsidiary Body for Implementation, T Rowe Price Ward Ferry.

Kotak Mahindra Capital Co., Ltd. was acting as the sole book running manager for this offer. The offer includes the issue of 4,000,000 new shares of stock, and an offer to sell 18,670,447 shares of capital in India by the Private Equity Fund (Mauritius) and Indocean Pizza Holdings Limited.

No comments:

Post a Comment