Archive for January, 2008

Wockhardt cuts IPO price band

The volatility in the Indian stock market has forced Wockhardt Hospitals to revise the price band to Rs 225 (20 per cent at the lower end) and Rs 260 (16 per cent at the upper end) per equity share (from Rs 280 to Rs 310) for its initial public offering (IPO) of 25.09 million equity […]

Cox and Kings files DRHP with SEBI

Cox and Kings (India), one of the oldest and most reputed travel organizations in India operating as a one-stop-shop for all travel related products, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to enter the capital market soon with an initial public offering (IPO) of 8,700,000 […]

SVEC Constructions IPO price band at Rs 85-95

SVEC Constructions, a Hyderabad based company proposes to enter the capital market with an initial public offering of 40 lakh equity shares of Rs 10 each.
The issue, which is being made through a 100 per cent book building process, opens on February 4, and closes on February 8. The price band has been fixed at […]

OnMobile Global IPO subscribed 10.95 times

The initial public offering (IPO) of OnMobile Global, a leading provider of telecommunications value added software products and services in India with an expanding international presence, has received good response and subscribed 10.95 times, as per NSE website.
Public offer has received bids for 11.9 crore equity shares as against 10,900,545 equity shares on offer. Good […]

Vascon Engineers IPO

Crisil has come out with report on Vascon Engineers IPO. The firm has assigned its IPO Grade 3/5 to the proposed initial public offering of Vascon Engineers (VEL).
VEL proposed public issue of 10,680,000 equity shares aims to raise Rs 3 billion to Rs 4 billion.
Crisil report on Vascon Engineers IPO
CRISIL has assigned its IPO Grade […]

Shriram EPC IPO subscribed 2.15 times

Initial public offer of integrated design and engineering service provider Shriram EPC got subscribed over two times on the first day of issue. Qualified institutional investors have given strong support to the issue, their reserved portion subscribed 3.57 times.
The Chennai-based company received bids for over 1.07 crore shares against 50 lakh shares on offer, data […]

Shriram EPC IPO

Shriram EPC Ltd IPO
Registered Office Address No. 5, T.V. Street, Chetput, Chennai 600031, Tamil Nadu
Phone 91-44-28361817 Fax 91-44-28363518
Email investors@shriramepc.com Website http://www.shriramepc.com
Issue Open 29/01/2008 […]

Bang Overseas IPO

Bang Overseas IPO - Subscription , Alloment Status , Listing date , Listing Price
Company Background

Bang Overseas Ltd (BOL) was incorporated in 1992 as Bang Overseas Pvt Ltd to carry on the business of trading in textiles. It converted to Public Ltd Co. in 2005.
Presently, BOL is in the business of manufacturing & trading of apparels […]

OnMobile Global IPO Allotment Status

OnMobile Global IPO has received good Subscription numbers.Retail Subscription seems pretty good.
Allotment Status will be out before 3 rd week of Feb and Share allocation will be completed before 3rd week too.
Onmobile Global IPO Allotment Details and Listing Information , Date , Listing Price too will be posted here…

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Buy HCC, target Rs 260: Emkay

Emkay research has maintained buy rating on Hindustan Construction Company HCC with target price of Rs 260 in its January 22, 2008 report. “We believe that the company is on a strong growth trajectory and with more clarity emerging in the real estate business; the company looks to set to unlock value for the shareholders. […]