Indian Stock Market

Gujarat Pipavav Port Ltd (GPPL), the developer and operator of Pipavav port, the country’s first private sector port, has filed its draft red herring prospectus, reports The Hindu Business Line.

Mahindra Holidays has revived efforts for its IPO. It had refiled its draft offer documents with the Securities and Exchange Board of India, or Sebi, in September. At that time, the company did not go ahead with its offer due to unfavourable market conditions.

20 Microns will list on the bourses with its equity shares on October 6, 2008. The isssue price is fixed at Rs 55. The public issue of 43,50,632 Equity shares of Rs 10 each was subscribed 4.29 times.

Pipavav Shipyard, promoted by SKIL Infrastructure, is having second thoughts on going ahead with its proposed 0million IPO in the wake of the recent tremors on Wall Street that continues to rattle global and Indian markets, reports The Hindu Business Line.

Mahindra Holidays has filed draft red herring prospectus (DRHP) with SEBI to sell 92 lakh shares at Rs 10 per share. The equity dilution will be 11% post issue.

Government is planning to raise Rs 8001,000 crore via Cochin Shipyard IPO, reports CNBCTV18 quoting NW18.

Jairam Ramesh, Union Minister of State for Commerce and Power, said the decision of NHPC IPO will be taken soon. “The company board is reviewing the market condition. A government assessment said the market condition is uncertain to bring in the IPO.”

The Securities Exchange Board of India (SEBI) has passed a consent order in the case related to IPO manipulations by the promoters of Atlanta Ltd. SEBI has agreed to settle the case on payment of Rs 14.02 lakh, reports The Hindu Business Line.

Telecom Ministry says that BSNL union feedback is positive on IPO, but has some reservations, reports CNBCTV18.

Telecom Ministry says that BSNL union feedback is positive on IPO, but has some reservations, reports CNBCTV18.

Telecom Ministry says that BSNL union feedback is positive on IPO, but has some reservations, reports CNBCTV18.

Dr Villoo MorawalaPatell, plant biologist and PhD from the University of Louis Pasteur, set out to harvest her science at the marketplace on an unusual platter of agriculture, nutrition and medicine, reports The Hindu Business Line.

CARE has come out with a research report on Gemini EngiFab. It has assigned IPO Grade 2/5 to the company\’s IPO. GEFL proposes an IPO of 55,00,000 equity shares of face value of Rs 10 each, at a price which will be determined through the book building process.

CARE has come out with a research report on Gemini EngiFab. It has assigned IPO Grade 2/5 to the company\’s IPO. GEFL proposes an IPO of 55,00,000 equity shares of face value of Rs 10 each, at a price which will be determined through the book building process.

CARE has come out with a research report on Gemini EngiFab. It has assigned IPO Grade 2/5 to the company\’s IPO. GEFL proposes an IPO of 55,00,000 equity shares of face value of Rs 10 each, at a price which will be determined through the book building process.