Finance Friday: India’s first ever IDR from Standard Chartered gets lukewarm response – subscribed 1.38 times !

Posted by Avashya - India Web 2.0 News on May 28, 2010 in Digital Media News |



 On April 2, we had posted under this very section of Friday Finance, regarding India’s first ever IDR issue by Standard Chartered Bank aiming to raise anywhere between $500-750 million through issue of 24 crore IDRs. Every 10 IDR will be representing 1 share of Standard Chartered under which investors will have the option to convert [...]


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