What is Reverse Mortgage?
A reverse mortgage (or lifetime mortgage) is a loan available to senior citizens. The finance minister of India introduced this scheme in 2007 which is already well known concept in the West. “Reverse mortgage”, as its name suggests, in simple words is just the opposite of a normal housing loan.
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India’s largest thermal power production company, NTPC’s FPO (Follow on public issue), which has opened for subscription, has been subscribed 0.6 times so far, according to reports.
The qualified institutional investors (QIB) book was fully subscribed. Most bids came in at Rs 209 per share on NSE as against floor price of Rs 201 per share.
Experts [...]
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All the fund houses recently are betting big in technology to reach out to real investors to attain their attention. So, after internet, it’s now the turn of mobile phones. UTI Mutual Fund (MF) is planning to launch a mobile transaction platform in the coming months. “The UTI MF will be the first fund house [...]
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Swastika Investmart has come out with a research report on Aqua Logistics IPO (initial public offering). The research firm said long-term investors might consider investing in IPO.
The IPO of Rs 150 crore of Mumbai based Aqua Logistics has opened for subscription and the price band is fixed at Rs 220-230 per share. It is engaged [...]
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Yesterday we updated you regarding the Thangamayil Jewellery IPO opening for subscription from today, i.e. 27th Jan, 2010. Hem Securities has come out with a research report on Thangamayil Jewellery IPO (initial public offering). The research firm has recommended subscribing the issue.
The initial public offering (IPO) of Rs 28.75 crore has opened for subscription today. [...]
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Thangamayil Jewellery is coming out with an initial public offering (IPO) of Rs 28.75 crore on January 27, 2010. The price band for the issue has been fixed at Rs 70-75 per equity share. The issue will close on January 29.
The company intends to use issue proceeds for expansion of existing business by establishing retail [...]
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We have already updated you that Aqua Logistics is open for subscription from today onwards. Being an investor, everybody has a question in mind, whether to invest in the IPO or not.
Angel Broking has come out with a research report on Aqua Logistics IPO (initial public offering). According to the report released from the firm, the investors are recommended [...]
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As we updated in a previous article “Aqua Logistics to raise Rs 150cr; IPO to open on Jan 25” regarding Aqua logistics IPO coming to the market, the initial public offering (IPO) of Rs 150 crore of Mumbai based Aqua Logistics has opened for subscription today.
The price band is fixed at Rs 220-230 per share. A discount [...]
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We have already been talking about Credit Cards on EquiTipz with some articles like What is a Virtual Credit Card? and How are the Interest- free days calculated for my credit card? written some time back. You may click on the links to read if you missed them.
In this article, I am going to talk everything [...]
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The second initial public offering (IPO) of the year 2010, Jubilant FoodWorks, the Domino’s business operator in India, has been received tremendous response from investors, especially from qualified institutional investors. The issue has been subscribed 31.11 times so far, as per data available on the NSE website.
Qualified institutional investors‘ reserved portion subscribed 59.39 times followed by [...]
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