Entries Tagged 'IPO Current Issue' ↓

Tulsi Extrusions IPO is set to hit the capital markets on 1st of February 2008 with an offering of 57 lakh equity shares. Tulsi Extrusions IPO price band has been fixed at Rs. 80 and Rs. 85 on the lower and higher end of the issue. Tulsi Extrusions is a PVC pipes manufacturer which markets its products under the brand “Tulsi”. Tulsi Extrusions IPO proceeds are planned to be used for expansion of facilities at Jalgaon and to setup various branch offices across India.ingencies (Rs 0.29 crore). It will also use for general corporate purposes and issue expenses.Tulsi Extrusions IPOis proposed to be listed on BSE and NSE stock exchanges while the BRLM is Almondz Global Securities. Tulsi Extrusions IPO closes on the 5th of February 2008. February month will be the busiest month for the Indian IPO’s in 2008 as so many IPOs hitting the market. More information and Updates regarding the Tulsi Extrusions IPO Subscription and Tulsi Extrusions IPO Allotment will be updated here.

Shriram EPC IPO is set to hit the capital markets on 29th January 2008 with a public offering of 5 million shares at a price brand of Rs.290 to Rs.330 per share. Shriram EPC is one of India’s leading wind turbine generator manufacturer and also a service provider for many sectors like engineering, construction and energy sectors. Crisil grades Shriram EPC IPO as 3 which indicates that the IPO is average. Shriram EPC IPO subscription closes on 1st February 2008. BRLM’s to the Shriram EPC (SEPCL) IPO are Kotak Mahindra,ICICI and Motilal Oswal. Shriram EPC IPO is proposed to be listed on the BSE ,NSE exchange.More information and updates on the Shriram EPC IPO Subscription and Shriram EPC IPO Allotment will be updated here.

IRB Infra IPO will open for subscription from 31st January 2008 with a public issue of over 5 crore equity shares at a price band of Rs 185 at the lower end to Rs 220 at the higher end. IRB is involved in infrastructure development and constructions in India. IRB is currently working on 12 BOT projects in road and highway sector. IRB Infra IPO proceeds will  be uses for investment in subsidiary IDAA and for repayments of the existing loan. IRB Infra IPO is rated as 4 out of 5 by Fitch Ratings India Private Limited which shows that the fundamentals of the issue are above average. Deutsche Equities India Private Ltd is the BRLM and global co-ordinator for this issue and Kotak Mahindra Capital Co. Ltd is the Co- BRLM.The IRB Infra IPO Subscription closes on 5th February, 2008. IRB Infra IPO equity shares are proposed to be listed on the BSE and the NSE. More information and updates regarding the IRB Infra IPO Subscription and IRB Infra IPO Allotment will be posted here.

Onmobile Global IPO is all set to hit the markets on 24th January 2008 with an public offering of over 1 crore equity shares at a price band of Rs 425 to Rs 450. onMobile Global IPO will issue 30 percent of the total available equity shares to the retail holders. Onmobile Global is one of the leading telecommunication based software products and services with clients spread across the world.

Onmobile Global IPO Subscription figures should be high as the IPO has been assigned CRISIL IPO Grade 4 and being in Telecom space should attract investors to this IPO. Onmobile Global IPO Subscription closes on January 29th, 2008 and the IPO is proposed to be listed on the BSE and NSE. BRLM to the onmobile IPO is Deutsche Equities India Pvt Ltd and ICICI Securities. More information and updates regarding the Onmobile Global IPO will be updated here soon. Do come back to check the Onmobile Global IPO Subscription figures and allotment status.

Bang Overseas IPO is all set to open on 28th January, 2008 with an offering of 35 lakh equity shares at a price band of Rs 200 at the lower end and Rs 207 at the higher end of the issue. Bang Overseas IPO will issue 35 per cent of the total shares under offer to the Retail investors and other shares proportionately to the Qualified and the Institutional investors. Bang Overseas is an retail apparel manufacturer which markets its products under the brand name “Thomas Scott”. The IPO Proceeds will be used by the company for establishing 88 retail stores across India, for promotional activities and to setup a new manufacturing plant. Bang Overseas IPO has been graded by CARE and the IPO received CARE IPO GRADE 2 which indicates average fundamentals of the IPO.

Bang Overseas IPO Subscription closes on January 31, 2008.Book Running Lead Manager to the Bang Overseas IPO is Almondz Securities and the IPO is proposed to be listed on the BSE and NSE. For more information and updates on Bang Overseas IPO subscription and Bang Overseas IPO Allotment do visit us regularly.

Manjushree Extrusions Rights issue along with an IPO is all set to hit the capital markets on the 7th of Jaunary, 2008 to raise over Rs. 36 crore. Rights issue will raise Rs. 12.63 crore and the Public issue will raise Rs. 23.07 crore totalling to Rs. 36 crore.

Manjushree Extrusions Rights issue will offer over 42 lakh equity shares for Rs 10 each at a premium of Rs 20 per share and the IPO will offer over 51 lakh equity shares at a premium of Rs. 35.

More information regarding the Manjushree Extrusions IPO which will open on January 31st, 2008.

Manjushree Extrsuions rights issue opens on January 7th and closes on February 6, 2008, while the Manjushree IPO will open on January 31st and will close on February 6th, 2008.
For more updates on the Manjushree Extrusion IPO Subscription and Manjushree IPO Allotment details, do visit us regularly.

BGR Energy IPO will be opening on the 5th of December, with an issue size of around 91 lakh equity shares, out of which 43 lakh equity shares will be a fresh issue and other 48 lakh equity shares are the stake sale of the promoters. BGR Energy IPO Subscription price is between Rs. 425 at the lower end and Rs. 480 at the higher end of the price band. BGR Energy Systems IPO will issue 86 lakh equity shares to the public after leaving 5 lakh equity shares under the employee reservation. The company is a major supplier of Power equipment for various Energy companies across India and provides turnkey solutions to various power and oil sector companies. BGR Energy Systems IPO subscription closes on 12th December, 2007 and the company plans to use the proceeds raised from the issue for establishing manufacturing facilities in India and abroad (China and Middle East Countries). BRLM to the BGR Energy IPO is SBI Capital Markets, Kotak and UBS. Do visit us regularly for more information reagarding the BGR Energy Services IPO Subscription details, Allotment and other updates of the BGR Energy IPO.