Motilal Oswal taps dancing bourses

ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...

If you think the dancing bourses can scare all, then you seem slightly mistaken. India’s leading financial services company, Motilal Oswal Securities Ltd. (MOSL) has just come out with an IPO. The price band for the IPO has been fixed between Rs.725 & Rs.825 per share of face value Rs.5 each. The company plans to raise Rs.216.25 crores in lower end of the price band & Rs.246 crores at the higher price band. The proceeds of the issue will be used to infuse funds into MOSL & Motilal Oswal Commodities Brokers Pvt. Ltd. The capital infusion is likely strengthen the balance sheets of these companies enabling them to raise trading volumes in equities & commodities market.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
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