Entries Tagged 'IPO Upcoming Issues' ↓

UTI MF IPO - UTI Mutual Fund IPO will hit the markets soon, recently the company has filed its DRHP with SEBI and they have made a point stating that the issue will be open to the markets based on the market conditions. Approval with SEBI anyway takes times and they hope the markets settle by that time and investors appetite for the public offers increase. UTI MF IPO price band and the number of shares under offer will be updated later after the book building process. Do check back for more information on UTI Mutual Fund IPO.

Future Ventures IPO is the next issue from the stable of the Kishore Biyani’s Pantaloon group, after the recent successful Future Capital public issue. Future Ventures IPO DRHP is filed with SEBI today, for an estimated amount of Rs. 3736 crore. Future Ventures IPO will offer over 373 crore equity shares at face value of Rs. 10 with the price band to be decided later through the book building process. 25 crore equity shares are offered under the reservation to the eligible share holders of Pantaloon Retail India. More information and updates on the Future Capital IPO will be posted as the company receives the approval from SEBI. Do check back for Future Ventures IPO Analysis.

Reliance Entertainment IPO could be the next issue on the cards from the stable of Reliance Anil Dirubhai Ambani Group. Reliance Entertainment IPO is much talked in the Media because of the recent stake sale by the company to George Soros for around $100 million. George Soros has bought 3 per cent stake in the group and if we consider the current value of the company based on the investment made, Reliance Entertainment is valued at over Rs. 12,000 crore. Film Entertainment, TV Broadcasting and Internet Media are the three major business lines in which Reliance Entertainment operates. The company made entry into FM Radio business and is currently India’s leading private FM radio network with over 12 stations and planning to expand to over 45 stations in the coming years. More updates and information regarding the Reliance Entertainment IPO will be updated when available. Do check back later for Reliance Entertainment IPO news.

Cox and Kings IPO will hit the markets soon as the company has filed it DRHP with SEBI, for an initial public offering (IPO) of 87 lakh equity shares of Rs 10 each at a price to be decided later through the book building process. Cox and Kings IPO comprises a 86 lakh equity shares offering to the public with the remaining 1 lakh equity shares reserved for eligible employees.  Cox & Kings is is one of the longest established travel booking company in India and the world with its establishment in the year 1758. The company has 12 offices in India located in major cities and has offices in major world wide capitals. Cox and Kings IPO information will be updated when the issue opens.

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.

IRB Infrastructure IPO is all set to start the issue in the coming month, the company has filed its DRHP with SEBI and the IRB Infra IPO is set to receive the clearance shortly. IRB Infrastructure IPO will hit the markets with an expected 5 crore equity shares of Rs. 10 each and the issue price is not yet fixed. IRB Infra IPO is promoted by the IRB Group which has major experience in the construction segment. Lead Manager for the IRB Infrastructure IPO is Deutsche Equities India Private Limited . Issue is expected to hit for subscription in January 2008 and currently being the IPO boom where every IPO is getting good returns, IRB Infrastructure IPO is also set to go for heavy susbcription and high listing returns. Allotment in IRB Infra IPO can also be expected as the issue size is also decent. More updates of the IRB Infrastructure IPO Subscription and the issue dates, IRB Infra IPO Analysis and review will be posted over here.

India’s Leading Mortagage Company, Housing Development Finance Corporation Limited (HDFC), is planning to launch an IPO for the Bank’s Insurance Venture in the year 2009.

HDFC chairman has said that “We hope to come out with an IPO of HDFC Life Insurance Venture by the year end of 2009. HDFC Standard Life Insurance Company Limited, is a joint venture in which the British Insurance Company Standard Life holds 18.1 per cent stake.

HDFC Life Insurance has started operations in the year 2000 and the gross premium income of HDFC Life Insurance for the Year ended March 2007 stood at Rs 2856 crore.

It would be interesting to see Insurance companies hitting the IPO markets. HDFC Life Insurance IPO would be a good interesting bet for the investors if the IPO takes off.