Adlabs

To curb excessive volatility, stock exchange BSE on Monday revised the circuit limit for share movement of 14 companies, including Adlabs Entertainment and GTL Infrastructure.

Theme park operator Adlabs Entertainment on Tuesday reported narrowing of its consolidated net loss at Rs 16.46 crore for the fourth quarter ended March 31, 2016.

Theme park operator Adlabs Entertainment on Monday reported a standalone net loss of Rs 14.81 crore for the fiscal first quarter that ended on June 30, 2015.

So far in 2015, eight companies have launched initial public offers (IPO), collectively raising Rs 4,000 crore.

Theme park operator Adlabs Entertainment made its debut on the stock market on Monday. Its shares were down over 3 per cent to 174.2, as compared to a issue price of Rs 180.

The company's IPO was subscribed 1.11 times, helping it mop up an estimated Rs 376 crore. The funds raised include Rs 60 crore from anchor investors.

The initial share sale of theme park operator Adlabs Entertainment got subscribed 60 per cent a day ahead of the issue closure.

The issue portion reserved for retail investors has already been fully subscribed.

The anchor investors were allotted shares worth Rs 60 crore but at the lower end of the price band.

The anchor investors were allotted shares worth Rs 60 crore but at the lower end of the price band.

The company hopes to turn profitable in the next fiscal year that starts in April 2015 when it will also open the doors to its hotel.

Adlabs is offering 1.76 crore shares in a price band of Rs 221 to Rs 230 per equity share.

The company said it is offering a discount of Rs 12 on issue price to all eligible retail investors.

Adlabs plans to issue 2.03 crore shares including 20 lakh shares offered for sale by the promoter.

According to market experts, landslide victory of BJP-led National Democratic Alliance (NDA) in the general elections has perked up investor sentiment and prompted companies to file IPO papers.

To curb excessive volatility, stock exchange BSE on Monday revised the circuit limit for share movement of 14 companies, including Adlabs Entertainment and GTL Infrastructure.

Theme park operator Adlabs Entertainment on Tuesday reported narrowing of its consolidated net loss at Rs 16.46 crore for the fourth quarter ended March 31, 2016.

Theme park operator Adlabs Entertainment on Monday reported a standalone net loss of Rs 14.81 crore for the fiscal first quarter that ended on June 30, 2015.

So far in 2015, eight companies have launched initial public offers (IPO), collectively raising Rs 4,000 crore.

Theme park operator Adlabs Entertainment made its debut on the stock market on Monday. Its shares were down over 3 per cent to 174.2, as compared to a issue price of Rs 180.

The company's IPO was subscribed 1.11 times, helping it mop up an estimated Rs 376 crore. The funds raised include Rs 60 crore from anchor investors.

The initial share sale of theme park operator Adlabs Entertainment got subscribed 60 per cent a day ahead of the issue closure.

The issue portion reserved for retail investors has already been fully subscribed.

The anchor investors were allotted shares worth Rs 60 crore but at the lower end of the price band.

The anchor investors were allotted shares worth Rs 60 crore but at the lower end of the price band.

The company hopes to turn profitable in the next fiscal year that starts in April 2015 when it will also open the doors to its hotel.

Adlabs is offering 1.76 crore shares in a price band of Rs 221 to Rs 230 per equity share.

The company said it is offering a discount of Rs 12 on issue price to all eligible retail investors.

Adlabs plans to issue 2.03 crore shares including 20 lakh shares offered for sale by the promoter.

According to market experts, landslide victory of BJP-led National Democratic Alliance (NDA) in the general elections has perked up investor sentiment and prompted companies to file IPO papers.