Category: AlphaIdeas

There was an article in Bloomberg yesterday where Alpha Ideas found a mention

BSE Ltd., Asia’s oldest stock exchange, is seeking shareholder approval to sell as much as a 30 percent stake.

The bourse plans to sell a minimum of 10 percent, with an option to raise the size to 30 percent if more shareholders are keen to sell their holdings, according to a notice from the company. The exchange is closely held by member brokers and overseas firms including Deutsche Boerse AG and Singapore Exchange Ltd.

The BSE could offer the shares at 500 rupees apiece, valuing itself at about 54 billion rupees ($800 million), said Nitin Rao, founder of AlphaIdeas, a market-maker for the exchange’s stock. The company is expected to go public by January 2017, he said. The Multi Commodity Exchange of India Ltd., the only listed Indian exchange, is valued at 49 billion rupees.

I started Alpha Ideas four years back on the auspicious day of Gudi Padwa.

Today, on Gudi Padwa, Alpha Ideas turns four.

Wish all readers a Happy Gudi Padwa.

Taking a blog break as I am off to do the Chandrashila Trek.

Will resume once I return.

Alpha Ideas has crossed 7 Million Page Views.

I am grateful to you, dear readers, for patronizing the blog.

Do keep the tweets,comments and suggestions coming in.

I started Alpha Ideas three years back on the auspicious day of Gudi Padwa.

Today, on Gudi Padwa, Alpha Ideas turns three.

Wish all readers a Happy Gudi Padwa.