Entries Tagged 'IPO Subscription' ↓

Cords Cable IPO opened today for subscription, the IPO will issue over 30 lakh equity shares at a price band of Rs. 125 on the lower end and Rs. 135 on the higher end. Cords Cable Industries IPO subscription closes on Thursday, 24th January, 2008. Cords Cable Industries is leading industries cables manufacturer, which plans to use the funds raised through the IPO for installing new production lines and to enhance existing ones. Cords Cable Industries IPO listing will be done on the BSE and the NSE. Book Running Lead manager to the Cords Cable IPO is Collins Stewart Pvt Ltd and the Registrar for Cords Cable Industries IPO is Intime Spectrum. Investors can apply in Cords Cable IPO for listing gains considering the markets being bearish. Cords Cable IPO Grey market premium is over Rs. 20 and the Subscription should be moderate as there are more number of IPO’s hitting the markets this month. More information regarding the Cords Cable IPO Allotment and Cords Cable IPO will be updated here.

Future Capital IPO opens for subscription today and closes for subscription on January 16th, 2007. Future Capital IPO will issue over 64 lakh equity shares of 10 each. Future Capital IPO price band has been fixed between Rs. 700 and Rs. 765 per equity shares. Future Capital Holdings is the financial services subsidiary of the Future Group and focuses on Financial services, Investment advisory services and plans to enter into the credit card business to offer Future Card.

Future Capital IPO shares are proposed to be listed on Bombay Stock Exchange and National Stock Exchange and the BRLM’s to the Future Capital IPO are Kotak Mahindra ,Enam Securities, UBS Securities India Private Limited.

Lot size of the Future Capital IPO is fixed at 8 shares per lot. Retail Investors can apply to the maximum amount of 1 lakh to expect firm allotment as the subscription would be higher. More information regarding the Future Capital IPO Allotment status and the Future Capital IPO subscription will be updated here.

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.

Precision Pipes IPO Allotment chances for the retail investors doesn’t look as promising as the other recent IPO’s. Overall Precision Pipes and Profiles IPO Subscription was over 10 times in which the QIB Category was subscribed by 5 times and the Retail Investors Category by 18.7 times. Being a small issue with only 18.7 lakh equity shares offered under the retail investors category, Precision Pipes IPO Allotment will not be easy and investors have to go through the lottery. Investors who have applied for the maximum amount can expect firm allotment in Precision Pipes IPO. More information regarding the Precision Pipes IPO Allotment and Listing date will be updated here when made available by the registrar. Expected date of Precision Pipes IPO Allotment is 2nd week of January, do check back for updates.

Manaksia IPO Allotment chances for the retail investors look good, Manaksia IPO closed today for subscription and overall the issue was subscribed by 9 times with good response from the Qualified Institutional Buyers. Retail Investors category has been subscribed by over 5 times and investors who have applied for more than 7 lots can expect firm allotment in Manaksia IPO. Other investors have to participate in the lottery to get the Manaksia IPO Allotment, investors who receive the allotment can expect around 20 per cent returns on the listing day and investors with long term investment horizon can stay invested in Manaksia IPO as the company is engaged in Multi Products Manufacturing across the Globe. More information and updates regarding the Manaksia IPO Allotment and the Manaksia Limited IPO listing date will be updated here as it is available from the registrar. Manaksia IPO Allotment is expected around the second week of January, so do check back later.

Mahindra Holidays & Resorts India, (MHRIL) IPO will be out for subscription soon as it receives the approval from the SEBI. The company has recently filed its DRHP with SEBI for Mahindra Holidays IPO for an estimated 1 crore equity shares at a price to be decided after. Mahindra Holidays and Resorts India (MHRIL) is promoted by Mahindra Group of companies and is India’s leading leisure hospitality provider offering quality family tours and holidays.

Mahindra Holidays IPO funds will be used for setting up of new projects Pondicherry, Kumbalgarh Kadambakkam (Tamil Nadu) and various other places apart from financing the expansion needs for various existing resorts. The company’s main brand is Club Mahindra Holidays through which the members can enjoy holidays at any of the company’s 19 resorts for seven days every year for 25 years.

Book running lead manager to Mahindra Holidays and Resorts IPO is Kotak Mahindra Capital and HSBC Securities and Capital Markets India Limited. Mahindra Holidays and Resorts IPO is planned to be listed on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). More updates and information regarding the Mahindra Holidays IPO Subscription and analysis and review of the Mahindra Holidays IPO will be posted soon.

Brigade Enterprises IPO Allotment chances look good for the investors, as the subscription of the IPO was not done heavily. Overall Brigade IPO Subscription was around 13 times and the Retail Investors category has been oversubscribed by around 5.6 times. Firm Allotment of Brigade IPO can be expected by investors who have applied for more than Rs. 50000. Compared to the other IPO’s like BGR and TRIL issues which are heavily over subscribed, investors who have applied in Brigade IPO can expect decent allotment and the listing should also be good as the Institutional investors category has been subsribed by around 18 times. Brigade Enterprises IPO Allotment is expected in the first week of January 2008 and listing one week further. More updates regarding the Brigade IPO Allotment status and the listing date of Brigade IPO will be updated over here as soon as it is available.