Web2 days ago · The Power Finance Corp subsidiary had initially announced a bond sale worth up to ₹3,000 crore, comprising a base size of ₹500 crore and a green-shoe option of … Web2 days ago · The Power Finance Corp subsidiary had initially announced a bond sale worth up to ₹3,000 crore, comprising a base size of ₹500 crore and a green-shoe option of ₹2,500 crore. Agencies Over the past couple of days, however, government bond yields have risen from their lows as traders locked in profits.
REC raises Rs 2,848 cr in first local bond issue of FY24
WebMar 22, 2024 · Green Shoe option (GSO) is a price stabilization mechanism which is used in case of listing of Initial Public offer (IPO) or further public offer within first 30 days from the day of listing. … WebNov 1, 2014 · Under the greenshoe option, LIC, which held 7.8 per cent stake in the bank (before the public issue), loaned shares worth Rs 450 crore to DSP Merril Lynch. These shares were issued to subscribers along with the fresh issue of Rs 3,050 crore. Of the money, thus, collected by lead managers, Rs 450 crore were kept in an escrow account. highland water corporation
Green Shoe Option in India - 11135 Words Studymode
WebApr 6, 2024 · A Green Shoe option allows the underwriter of a public offer to sell additional shares to the public if the demand is high. Getty Images The option is a … WebGreen Shoe option means an option of allocating shares in excess of the shares included in the public issue and operating a post-listing price stabilizing mechanism for a period … WebApr 6, 2024 · A green shoe choice is nothing but a clause contained within the underwriting settlement of an IPO. This option permits the underwriters to purchase up to a further … small magnetic strip for knives