Home / / Mackwoods Energy IPO oversubscribed

Mackwoods Energy IPO oversubscribed

Comments / 1034 Views / Friday, 23 March 2012 00:01

Mackwoods Energy Ltd.’s Rs. 350 million worth Initial Public Offering (IPO) was oversubscribed yesterday, the official opening day.

The company offered 25 million shares at Rs. 14 each.

The final subscription amount as well as the basis of allotment will be notified next week.

It was the second IPO for the year and was recommended as subscribe by most of the brokers.

Share This Article


Today's Columnists

A conspiracy theory: Tread with extreme caution, Sri Lanka

24 June 2017

  Politics as the science of attaining “power” The first lessons taught to any student of the science of politics almost invariably includes a reference to the 16th century Florentine philosopher Machiavell...

Most Venerable Mahanayake, I don’t know why…

24 June 2017

“I think that hate is a feeling that can only exist where there is no understanding” – Tennessee Williams, Sweet Bird of Youth     A few days ago we had the Ven. Warakagoda Shri Gnanarathana, Mah...

Caste brought to the fore in Indian presidential election

24 June 2017

For the first time in the history of Indian presidential elections, caste has been brought to the fore in the run up to the 17 July presidential poll, reflecting the nature of politics in the country now.  Both the ruling National Democrati...

On which “beast’s” back does the burden of governance (not) rest?

23 June 2017

I was very hopeful when circumstances necessitated a national government of sorts in a hazy summer concatenation now long forgotten. At the time, we all thought the union of two major mainstream mindsets would result in a smorgasbord of good thing...

Columnists More