February 22, 2008
IRB Infrastructure IPO Listing Date has been announced and the issue is set to list on the bourses on 25th February, 2008. Investors who have applied in IRB Infra IPO under Retail Segment got full allotment and the issue is only subscribed by .98 times.
Listing Details of IRB Infrastructure Developers IPO
IRB BSE Script Code : 532947
IRB NSE Symbol: IRB
ISIN : INE821I01014
Good Luck for all the investors who have applied for IRB Infra IPO and hope the listing does well.
Posted in IPO-Allotment, IPO-Listing, Indian IPOs
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February 22, 2008
Tulsi Extrusions IPO Listing Date is announced and the issue is all set to list on the Indian Stock exchanges on Monday, 25th February. Investors who have not checked the Tulsi Extrusions IPO Allotment can do at the Registrar website.
Listing Details of Tulsi Extrusions IPO
BSE Script Code : 532948
NSE Symbol : TULSI
Listing under : B1 Group of securities
ISIN Code: INE474I01012.
Good Luck for all the investors on the listing of Tulsi Extrusions IPO.
Posted in IPO-Allotment, IPO-Listing, Indian IPOs
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February 22, 2008
Rural Electrification IPO Allotment is expected in the first week of March 2008. Rural Electrification IPO was overall subscribed by over 29 times and the retail segment over 7 times . Qualified institutional buyers have shown good interest in this IPO and the segment was very well oversubscribed. Investors can expect good returns on the listing day close to over 15% as the pricing of the issue has left decent amount for the investors to take on the listing day. Compared to its peers like the PFC the stock is priced well and should list well. REC IPO Allotment will be lottery based and investors can expect returns if they have applied for more than 480 shares. Rural Electrification IPO Allotment Basis will be updated here as and when available, so visit back later for REC IPO Allotment.
Posted in IPO-Allotment, Indian IPOs
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February 4, 2008
Emaar MGF IPO Allotment Chances look good as the IPO is going to generate only moderate response from the investors. Overall Emaar MGF IPO Subscription in the Retail Segment is expected to touch around 2-3 times and investors who have applied for more than 40 shares will definitely get allotment of Emaar MGF IPO. Subscription figures of Emaar MGF IPO doesnt look as good as the recent big IPO and if we compare to the DLF IPO the Emaar MGF IPO has generated the same kind of response from the investors. Grey Market Premium of Emaar MGF IPO is quoting around Rs. 75 to Rs. 100, so investors will not be able to get bumper returns like the other IPO’s but investors with long term horizon should be able to get pretty decent returns like the DLF IPO. Emaar MGF has quality land bank across India and Emaar is one of the largest realty companies in the world and with the realty experience they have, they should be able to do well in the Indian markets as well. Emaar MGF IPO Allotment is expected in the last week of February and listing further one week down. Do check back later for Emaar MGF IPO Allotment.
Posted in IPO-Allotment, Indian IPOs
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February 4, 2008
Reliance Power IPO Listing Date is fixed as Monday, 11th of February 2008. Reliance Power IPO has recently completed its allotment and the refunds in Reliance Power IPO has already started to roll in to investor accounts. Reliance Power IPO listing will be the largest in the Indian Stock Markets as it will infuse large number of share volume in to the markets. Reliance Power IPO listing will be on the BSE and the NSE exchanges and the expectations are huge for the listing. Reliance Power IPO Grey Market Premium is steady and is quoting around Rs. 150 to Rs. 170 which means retail investors can expect Listing of Reliance Power IPO around Rs. 600 which indicates the return of around 35 percent to the investors. Investors with long term outlook can definitely stay invested as the company has large bank of projects and will unlock more value to the share holders in the coming years. Good luck for all the investors who have received allotment in Reliance Power IPO and hope the Listing of Reliance Power IPO does well. Do check back for Reliance Power IPO Listing Details.
Posted in IPO-Listing, Indian IPOs
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February 4, 2008
Gammon Infrastructure IPO will soon open for subscription with an issue of over 1.65 crore equity shares of Rs 10 each, with the price band to be decided later through the book building process. Gammon Infrastructure IPO will be diluting 11.45 per cent of the fully diluted post-issue equity capital. Gammon IPO was due to hit last year but the plans were hit badly as SEBI has issued a ban of 1 year to the company for not to participate in the capital markets. The company was barred because of the charges that the promoter company was routing the funds to subscribe to its rights issue. Ban is completed in December, 2007 and Gammon Infrastructure IPO can proceed with its public issue. Gammon Infrastructure has re-filed its Draft prospectus with SEBI in October and has received the approvals. Gammon Infrastructure IPO will raise around Rs 350 to Rs 400 crore to fund its expansion projects in the fields of SEZ’s , Airports and infrastructure development. More information and updates on the Gammon Infrastructure IPO will be posted here. Do visit us back for Gammon Infrastructure IPO Subscription details and Gammon Infrastructure IPO Allotment.
Posted in Indian IPOs
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February 4, 2008
Reliance Infratel IPO will hit the markets soon with an Public offering of over 8.9 crore equity shares of Rs. 5 each at a price band to be decided later through the book building process. Reliance Infratel IPO DRHP is filed with the SEBI today and the company hopes to receive the approval from the SEBI soon. Reliance Infratel will dilute 10 percent stake in the company through the IPO and the company previously in July has sold 5 per cent stake to Private equity firms, the rest of the stake which is 95 percent is completely owned by Reliance Communications. Reliance Infratel IPO once listed will bring lot of unlocking to the Reliance Communication Shares as the whole company is valued at Rs. 50 to 60 thousand crore when divided will add Rs. 250 to Rs. 300 per share to the Reliance Communication share holders. Reliance Infratel currently operates in all 23 telecom circles in India and has currently over 30000 towers under its operations and plans to expand them to 40000 towers by this fiscal. Reliance Infratel IPO proceeds will be used for constructing new towers and to finance the expansion needs. The company plans to list the shares of Reliance Infratel IPO on the BSE and the NSE. More information and updates on the Reliance Infratel IPO Issue Dates and Reliance Infratel IPO Subscription will be posted here soon once the issue hits the markets. Visit us back for Reliance Infratel IPO Details.
Posted in Indian IPOs
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January 24, 2008
Wockhardt Hospitals IPO is set to hit the capital markets with an public offering of around 2.5 crore equity shares on the 31st of January, 2008. Wockhardt Hospitals will offer 35 per cent of the shares to the retail investors and the price band for the Wockhardt Hospitals IPO is fixed at Rs. 280 and Rs. 310 per share. Wockhardt Hospitals is leading private sector based health care provider with 15 hospital and 1340 beds across India. Wockhardt Hospitals plans to use the funds raised from the IOP for setting up 18 new hospitals and to increase the current bedding capacity to 4780. Wockhardt Hospital IPO received IPO grade 4, indicating above average fundamentals of the company. Wockhardt Hospitals IPO Subscription closes on February 5th, 2008 and Wockhardt Hospitals IPO listing is on the BSE and NSE exchanges. Visit back for updates on Wockhardt Hospitals IPO Subscription details and about Wockhardt Hospitals IPO Allotment Status.
Posted in IPO-Subscription, Indian IPOs
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January 24, 2008
Reliance Power IPO Allotment Status will be updated here soon, the Allotment of Reliance Power IPO is expected in the first week of February and listing of Reliance Power IPO further one week down. Retail Investors can mostly expect the allotment in the issue, as the IPO subscription was above 14 times. Considering that most of the investors have used the part payment option provided by the company and have applied for the maximum one lakh amount in the Reliance Power IPO, investors can surely expect at-least the minimum lot of shares which is 15. Reliance Power IPO Listing Gains can be decent to the investors, as the grey market premium is around Rs 225 levels. More updates on the Reliance Power IPO Allotment will be posted here, so do check back for Reliance Power IPO Allotment and Reliance Power IPO Listing Dates.
Posted in IPO-Allotment, IPO-Listing, Indian IPOs
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December 29, 2007
Ramky Infrastructure IPO will hit the markets soon as the company has recently filed its DRHP with SEBI and awaiting approval from the SEBI. The company plans to issue over 40 lakh equity shares prced at Rs. 10 each with the premium to be decided later through the book building process. Ramky Infra is Hyderabad based civil and Infrastructure engineering company promoted by the Ramky Group. Ramky Infra executes construction contracts and turnkey projects with an annual turnover of over Rs. 7 billion with over 1000 qualified manpower. More information and analysis of the Ramky Infra IPO will be done over here soon. Do visit us regularly for updates on the Ramky Infra IPO Subscription and the Ramky Infra IPO Review.
Posted in IPO-Subscription, Indian IPOs
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