Archive for January, 2008
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 [...]
January 31st, 2008 | Posted in Ipo | No Comments
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 [...]
January 30th, 2008 | Posted in Ipo | No Comments
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 [...]
January 30th, 2008 | Posted in Ipo | No Comments
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 [...]
January 30th, 2008 | Posted in Ipo | No Comments
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 [...]
January 30th, 2008 | Posted in Ipo | No Comments
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 [...]
January 30th, 2008 | Posted in Ipo | No Comments
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 [...]
January 30th, 2008 | Posted in Ipo | 2 Comments
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 [...]
January 30th, 2008 | Posted in Ipo | No Comments
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…
January 30th, 2008 | Posted in Ipo | No Comments
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. [...]
January 29th, 2008 | Posted in Recommendations, Research Reports | No Comments
Angel Broking has recommended buy rating on Tech Mahindra with a price target of Rs 1222 in its January 24, 2008 report. “During 3QFY2008, Tech Mahindra recorded a strong 8.1% qoq growth in its consolidated Topline. On a standalone basis, the growth stood at 6.1% qoq. Going ahead, we expect Tech Mahindra to record a [...]
January 29th, 2008 | Posted in Recommendations, Research Reports | No Comments
KNR Constructions IPO subscribed 0.29 times
Allotment is going to be easy , But the listing Price is going to be down.
January 29th, 2008 | Posted in Ipo | No Comments
IPO of OnMobile Global (OGL), the largest telecommunications value added services provider in India, received 2.58 times subscription on day two. The company received nearly 28.15 million bids as against issue size of 10.90 million shares
Lets see the over Subscription details to know about allotment and alocation details of this IPO
January 29th, 2008 | Posted in Ipo | No Comments
Close on the heels of the Aircel mega deal, Wipro Infotech has bagged another one. The company has won a five-year, $100-million contract from Saudi Arabian Airlines, its first large deal from the Middle-East.
Wipro Infotech had announced recently another mega deal from telecom operator Aircel, estimated at $450-600 million. The Saudi Arabian [...]
January 29th, 2008 | Posted in Orders | No Comments
Tulsi Extrusions Ltd plans to raise up to Rs 48.5 crore through an initial public offering of shares, starting on February 1, it said on Monday.
The maker of PVC pipes based in Jalgaon, Maharashtra, has set a price band of Rs 80-85 a share, and plans to sell 5.7 million shares, it said in a [...]
January 28th, 2008 | Posted in Ipo, SEBI | No Comments