December 11, 2007
Porwal Auto IPO Subscription will begin from the 17th of December, 2007 . Porwal Auto IPO will offer shares at a price band of Rs 68 - 75 to raise 38 crore through the issue and the Porwal Auto Components IPO Subscription closes on December 20, 2007. The company is a manufacturer of auto components and the company likes to use the amount from the issue for expansion of manufacturing facilities. Visit us regularly fore more information and updates on the Porwal Auto IPO Allotment and Subscription details.
Posted in IPO-Allotment, IPO-Subscription, Indian IPOs
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December 11, 2007
BGR Energy IPO Allotment looks not so easy for the investors, as the IPO subscription should be very high because of the small issue size of the IPO. Keeping in mind the current today figures of around 1.9 times in the Retail segment and 6 times as whole on the Penultimate day, BGR Energy IPO Subscription figures could go up to 70 times tommorrow expecting the Retail Segment figures to go up by 18 to 24 times. Investors have to participate in the lottery and the allotment in BGR IPO will be not so easy. Keep visiting for more updates on the BGR Energy IPO Allotment.
Posted in IPO-Allotment, Indian IPOs
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December 11, 2007
Bridage IPO Allotment looks good for the investors as the IPO got subscribed by around 13 times on the whole and the Retail Segment got subscribed by more than 5 times. Investors who have applied for the max amount should be able to get firm allotment in Brigade Enterprises IPO. Other investors who have applied for the minimum lots should have to go through the lottery for allotment. Investors can expect the allotment in Brigade IPO in the first week of January 2008 and the listing also around the same time. Read us regularly for more information regarding the Bridage IPO Allotment and updates on Brigade Enterpries IPO Listing.
Posted in IPO-Allotment
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December 11, 2007
Renaissance Jewellery IPO Listing is on the 12th of December 2007 on the NSE, the stock code for the Renaissance Jewellery on the NSE is RJL. The IPO price is fixed at Rs. 150 on the higher end of the issue, and the investors who have received the allotment in Renaissance would get a decent premium of around 30 per cent on the listing day. Keeping in to account the grey market premium the stock is expected to list around Rs. 220 and investors can exit at this maximum prices. Good luck for all the investors and hope Renaissance Jewellery Listing does well.
Posted in IPO-Listing
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December 10, 2007
Manaksia IPO is ready to enter the capital markets with an issue of around 1.55 crore equity shares of Rs. 10 each to be issued at a price band of Rs. 140 to Rs. 160. Manaksia IPO will raise around Rs. 250 crore at the higher end of the issue price and the Manaksia IPO Subscription begins on the 17th December, 2007. The company plans to use the funds raised through the issue for equipments and for debt re payments. Manksia Limited issue closes on the 19th of Deember,2007 . More details regarding the Manaksia IPO subscription and Manaksia IPO allotment will be updated here.
Posted in IPO-Subscription, Indian IPOs
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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 IPO will be updated here.
Posted in IPO-Subscription, Indian IPOs
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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 the end of the 2007 fiscal. More information regarding the GMR Energy IPO will be updated here soon.
Posted in IPO-Subscription, Indian IPOs
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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.
Posted in Indian IPOs
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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 be filling the DRHP with SEBI in the coming week. Exact amount and the number of shares the company is planning to issue is not yet known, more information regarding the Mahindra Resorts IPO will be updated here soon, Keep Visiting.
Posted in IPO-Subscription, Indian IPOs
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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. Nitin, S-Kumars Director speaking to the media has said that all these approvals will take time and we will be clear on this issue in the coming weeks. More information regarding the Reid & Taylor IPO will be updated over here so visit our site regularly.
Posted in IPO-Subscription, Indian IPOs
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