nilantha at 14h39
15
Jun
2011
Browns Investments IPO - Is it good?
01 Private placement shares will lock for one year period due to issue of new share. therefor those shares will not come to the market
02 Other shares held by owners, then hevy demand will create IPO shares.
03 Same price of IPO and private placement. this will reasonable than EXPO and Softlogic.
03 But share split here and founders received big gain. Rs 10/1 share value is one rupee but issue price is 5/ gain 500%
04 T
01 Private placement shares will lock for one year period due to issue of new share. therefor those shares will not come to the market
02 Other shares held by owners, then hevy demand will create IPO shares.
03 Same price of IPO and private placement. this will reasonable than EXPO and Softlogic.
03 But share split here and founders received big gain. Rs 10/1 share value is one rupee but issue price is 5/ gain 500%
04 T
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Prospectus - http://brownsinvestments.com/pdf/IPO-Prospectus-Browns-Investments-Ltd.pdf (9Mb + File )
Application - http://brownsinvestments.com/pdf/Application-Form-Browns-Investments-Ltd.pdf
Well come your Comments Most of us member's may
what do you think dear fellow traders about brown's IPO will it touch at least 6/= after coming stock >?
They are going to give retailers 20M. Definitely there will be more than 20K applications. Then how can they divide it by their minimum allocation mentioned in the pros? Impossible!
Browns Investment Private Limited, a joint venture between Brown & Company PLC (BRWN) and Traprobane Holdings Private Limietd has recently raised Rs.1.5 billion in a private placement deal and its second phase which is now being concluded has been
http://www.cse.lk/cmt/upload_cse_announcements/611308808733_.pdf
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15/06/2011 at 14h39 by "nilantha"
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