KSK Energy Ventures fixes QIP issue price at Rs 194.50

KSK Energy Ventures Ltd has announced that the QIP Committee of the Board of Directors of the Company has closed the bids and approved an issue price of Rs. 194.50 (including a premium of Rs. 184.50) per Equity Share in connection with the proposed issue and allotment of up to 2,65,25,714 Equity Shares aggregating to Rs. 5,159.25 million under Chapter VIII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended.

The stock closed the day at Rs.205, up by Rs.1.40 or 0.69%. The stock hit an intraday high of Rs.207.45 and low of Rs.203.10.

The total traded quantity was 177721 compared to 2 week average of 89816.

Source : Equity Bulls

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