Mackwoods Energy IPO oversubscribed

Asoka Samarakone · 1 Mackwoods Energy IPO oversubscribed Fri Mar 23, 2012 8:06 pm

Asoka Samarakone

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Mackwoods Energy IPO oversubscribed

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Redbulls · 2 Re: Mackwoods Energy IPO oversubscribed Fri Mar 23, 2012 8:15 pm

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http://forum.srilankaequity.com/t16766-mackwood-energy#112257

smallville · 3 Re: Mackwoods Energy IPO oversubscribed Fri Mar 23, 2012 10:42 pm

smallville

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Which IPO didnt get oversubscribe??? Which broker let down an IPO?

Luckily we have fools who would like to burn their money in CSE.. So companies take them on a ride Wink

(Not related to Mackwoods as I've not checked it..)

This is my general idea..

manula · 4 Re: Mackwoods Energy IPO oversubscribed Sat Mar 24, 2012 1:29 pm

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smallville wrote:Which IPO didnt get oversubscribe??? Which broker let down an IPO?

Luckily we have fools who would like to burn their money in CSE.. So companies take them on a ride
(Not related to Mackwoods as I've not checked it..)

This is my general idea..

yes...small, I cannot understand how our people have lot of money to oversubscribe with in one day... this is common for all IPOs.. Very Happy

.many millioners/billioners in the town ????? (there is another thread by kithisiri discussing about the IPOs.. hope this can combine with that if possible...)

sriranga · 5 Mackwoods Energy IPO Fri Mar 30, 2012 1:50 pm

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http://www.cse.lk/cmt/upload_cse_announcements/4361333084364_.pdf

Sri Lanka’s Mackwoods Energy Limited’s IPO has got applications for a value running up to around Rs. 398 million.
Out of it, Rs. 298 million has been paid via bank drafts and cheques seeking 21,297,600 shares, by 521 investors.
Rs. 100.8 million has been paid via bank guarantees by two investors seeking 7.2 million shares.
Mackwoods Energy Limited is planning to raise Rs. 350 million via this IPO by offering 25 million ordinary voting shares at a price of Rs. 14 each.
http://www.news360.lk/markets/stock-market/markets-mackwoods-energy-ipo-3300