Entries from November 2007

L&T Infotech IPO Subscription in 2008

Date November 30, 2007

L&T Infotech IPO is in formation and the company is in plans to for the IPO in the second half of 2008. Speaking to the media the CFO , Y M Deosthalee, of Larsen  and Toubro has said that L&T Infra Development will go for IPO in the coming year. More information reagarding the L&T Infotech […]

GMR Energy IPO Subscription in 2008 First Quarter

Date November 30, 2007

GMR Energy IPO is expected to hit the markets in the First quarter of 2008. GMR Energy is the fully owned subsidary of GMR Infrastructure Limited and the company plans to raise around 250-300 million US Dollars for the GMR Energy Projetct. GMR Infrastructure Board memebers will decide on the IPO of GMR Energy before […]

LIC Housing Finance FPO to raise Rs.600 Crore

Date November 29, 2007

LIC Housing Finance Limited is planning to raise around Rs. 500 to 600 crore through an FPO by the end of January which will be through private placement and also of 15% equity dilution. More information will be updated here regarding the LIC Housing Finance IPO.

Mahindra Holidays and Resorts IPO Soon

Date November 29, 2007

Mahindra Holidays IPO is going to hit the markets before the end of March 08, Mahindra and Mahindra the parent company has shown interest in the Mahindhra Holidays and Resorts IPO and they have already set the dates to execute it by March 2008.  Mahindra Holidays and Resorts  has finalised the merchant bankers and will […]

Reid & Taylor IPO Subscription soon

Date November 28, 2007

Reid & Taylor IPO is under planning and the company is looking to issue around Rs. 300 to 400 crore and the exact news will be clear soon. S.Kumars owns the Reid and Taylor brand and the company is seeking permission from the share holders to de-merge Reid & Taylor in to  a seperate entity. […]

IRB Infrastructure IPO Subscription Soon

Date November 27, 2007

Infrastructure and construction company, IRB Infrastructure Developers, plans to tap the Indian equity markets with a public issue of 5 crore equity shares of Rs 10 each, and the company in this regard has recently filed DRHP with SEBI.
IRB Infrastructure Developers is part of the IRB Group and is currently the holding company which was […]

NKG Infrastructure IPO files DRHP with SEBI

Date November 27, 2007

NKG Infrastructure IPO has recently filed its DRHP with SEBI for an issue of 63 lakh equity shares of Rs. 10 each with the premium to be decided later through the Book Building process.
NKG Infrastrucutre has worked on different construction projets across India and currently the company is executing 67 projects with the value of […]

Jyothy Labs IPO Allotment and Listing Date

Date November 27, 2007

Jyothy Labs IPO Allotment is out Allotment of Jyothy Labs IPO looks good for the retail investors, the issue closed for subscription today and overall the IPO has heen subsribed by 45.83 times and out of the total subscription received, Retail investors category has been over applied by 14.67 times. Jyothy Labs IPO Allotment chances […]

eClerx Services IPO Subscription

Date November 27, 2007

eClerx Services IPO subscription will hit the markets with an offer of around 101 crore offering 32 lakh equity shares to the public of Rs. 10 each at a premium of Rs.270 to Rs.315. Eclerx IPO subscription begins on the 4th of December 2007. Eclerx is a KPO (Knowledge process outsourcing) firm which employs more […]

Empee Distilleries Listing turns red to investors

Date November 26, 2007

Empee Distilleries, a chennai based liquor manufacturer got listed today at the exchanges, the issue had a very rough day with the issue opening at Rs. 489 in the initial trades and then going down to touch an intra-day low of Rs. 301 to close at Rs.317.90 on the BSE. Empee Distilleries IPO was offered […]