Entries Tagged 'IPO Subscription' ↓

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.

KNR Construction IPO subscription will open on 24th January, 2008 with over 78 lakh equity shares to be offered at a price band of Rs. 170 to Rs. 180 per share and will close for subscription on Tuesday, January 29, 2008. KNR Constructions provides EPC services and has strong track record of Project execution in Construction,Operation and maintenance of Road. KNR Constructions IPO proceeds are to used for the BOT Projects and for clearing Unsecured loans. KNR Construction IPO has been graded by CRISIL and the IPO has been assigned CRISIL IPO Grade 3. CRISIL Grading to the KNR Constructions IPO indicates average fundamentals of the issue. Book running lead manager to the KNR IPO is Axis Bank Limited and the company plans to list the KNR Constructions IPO on the BSE and the NSE. For more updates and information on the KNR Construction IPO subscription and KNR Construction IPO Allotment do visit us regularly.

J Kumar Infra IPO Allotment looks definite for the investors as the IPO is subscribed only 2.17 times. J Kumar Infra IPO Subscription figures looked very weak till yesterday as it was subscribed .17 times only, but the response was good today and the Jkumar IPO got subscribed fully. Jkumar Infraprojects IPO Allotment will be sure for investors who have applied for more than 3 lots. Jkumar Infra IPO grey market price is around Rs. 10 and investors who receive the allotment are better to book listing gains. Jkumar Infra IPO Allotment is expected in the start of February 2nd week and listing of J kumar IPO further one week down. More updates and information regarding the Jkumar Infra IPO Allotment will be updated here as and when available.

Update : J Kumar Infra IPO Allotment is out and investors who have applied in this issue can verify the allotment status 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.