Entries Tagged 'IPO Upcoming Issues' ↓

Anu’s Laboratories IPO Subscription will begin soon. Anu’s Laboratories is proposing to enter the capital markets with an initial public offer (IPO) of 4 million equity shares of Rs 10 each with a price band to be decided through the Book Building Process.

About Anu’s Labs IPO : Anu’s Laboratories is incorporated in the year 1996 for manufacture of Bulk Active Pharma Ingredients and Intermediates for drug molecules and was promoted by Mr. K. Hari Babu. Mr. N.S. Walimbe joined as co-promoter in the year 1997.

IPO Grading of Anu’s Laboratories IPO : The company has appointed ICRA Limited for grading the proposed initial public offering of the Company. Pursuant to Clauses 5.6B.1 and 6.17.3A of the SEBI Guidelines. CRISIL has not yet announced the IPO Grade for the company.

The company likes to use the funds raised from the Anus IPO for expansion Plans and setup manufacturing capacity in Visakapatnam Andhra Pradesh.

For more updates regarding the Anu Labs IPO Issue date, Subscription Information and Anus Labs IPO analysis do check our website regularly. Keep subscribed to our newsletter for regular updates to your email.

Ruling out the wide spread market speculations and rumours about the Reliance Power IPO postponement, ADA Group has issued a statement that the Group has not changed the plans to postpone the Reliance Power IPO and is awaiting SEBI’s approval for its public offering.

Reliance Energy spokesman has said in a statement that there is a “vicious campaign of disinformation underway by vested industrial interests to stall Reliance Power’s IPO”.The campaign is motivated by frustration at continuing success and rising valuations of ADA Group,” he said.

Currently the company is waiting for the approval from SEBI for which it has filed its DRHP in the first week of October. Sources believe that Reliance Power is planning to launch pre-marketing campaign for its IPO from next week and the Reliance Power IPO Issue date would be around the last week of November or in the first week of December.

Reliance Power IPO will offer up to 30 percent of the shares to Retail Investors, with a further 10 percent going to high net worth individuals. Institutional investors will be offered 60 percent of the shares.

For more information regarding the Reliance Power IPO, Issue Date,Prospectus. do check our blog regularly. Reliance Power IPO would be the most rewarding IPO for the Indian Investors.

New Delhi based alcohol beverage company, Globus Spirits Limited has filed its DRHP with SEBI to enter the capital markets with an IPO of Rs 68 crore through the book building route.

Globus Spirits is premium alocohol manufacturer in North India has its own IMFL brands in Haryana,Chandigarh and is planning to launch more brands in three other states. Globus Spirits is also planning to expand to the southern part of India and recently the company has launched its products in Kerala.

The company plans to utilize the proceeds raised through the IPO  for modernization and expansion of its production facilities at Behror, Rajasthan and Samalkha, Haryana. Further, it intends to develop and acquire IMFL brands, and revamp its storage and bottling capacity to 36,000 litres.

CARE has graded this IPO and has assigned  ‘IPO Grade 3’ to the Globus Spirits IPO.

Globus spirits which posted a gross turnover of Rs 117 crore in the 06-07  and net profit stood at Rs 86.6 million with registered net profit after tax at Rs 8.66 crore. Globus Spirits has shown good growth in the last 3 years and the company has grown by 30% CAGR.

Book Running Lead Manager BRLM to the Globus Spirits IPO is SREI Capital Markets and the IPO of Globus Spirits would be listed at the BSE and NSE stock Echanges.

For more information regarding the Globus Spirits IPO and the issue date of Globus Spirits IPO do check this blog regularly.

Elysium Pharamaceuticals has recently filed its Red Herring Draft Prospectus for an Initial Public offering (IPO) of 66,98,250 equity shares of Rs 10 each at a premium per share at an Issue price in the price band of Rs 25 to 28.Elysium IPO would constitute 32.67% of the fully diluted post issue paid up capital of the company.

Elysium pharmaceuticals Ltd was incorporated in the year 1995 as a formulation unit and later started manufacturing operations in the year 1997.The Company is involved in manufacturing of sterile formulations like Liquid and Dry Parenterals, and non-sterile formulations like Tablets, Capsules, Liquid orals,Ointment, Dry Syrups etc under third party and Contract Manufacturing segment for established Pharma Companies (Bayer,Zydus Cadila,Elder Pharma,Aventis,Torrent,Nicholas Piramal) and Produces its own products Viz.drugs under Ethical segment.

Elysium Pharamaceuticals IPO objectives are as follows
(a) For Setting up a MHRA plant.
(b) To partially repay existing long term secured debt
(c) To meet issue expenses

The Equity Shares offered through this IPO are proposed to be listed on the BSE. The Company has received in-principle approval from the BSE for the listing of Equity Shares . BSE shall be the Designated Stock Exchange.

Elysium Pharmaceuticals IPO Book Running Lead Managers are Canara Bank and Allbank Finance Limited. Registrar for the Elysium Pharma IPO is Intime Spectrum Registry Limited.

Read more information about the IPO in the Elysium-pharmaceuticals-ipo-draft.

KNR Constructions Limited has recently filed its Red Herring Draft Prospectus DRHP with Securities and Exchange Board of India. KNR Constructions IPO plans to issue 7,874,570 equity shares of Rs 10 each at a premium to be decided later through the book building process.The net issue would constitute 27.50% of the post issue diluted capital of the company.

KNR IPO Issue offering is 7,874,570 Equity Shares of which Employee Reservation Portion is 140,000 Equity Shares so the Net Issue is 7,734,570 Equity Shares of which Qualified Institutional Buyers Portion is Upto 3,867,280 Equity Shares.5% of QIB Portion is 193,365 Equity Shares.Non-Institutional Portion is Minimum of 1,160,185 Equity Shares and the Retail Portion of the IPO is 2,707,105 Equity Shares.

From the funds raised from the KNR Ipo the companys intends to deploy the net proceeds for:
1. Further Equity investment in BOT projects,
2. Purchase of capital equipment, and
3. For meeting working capital requirement.

The Equity Shares offered through the IPO are proposed to be listed on the Bombay Stock Exchange Limited (”BSE”) and the National Stock Exchange of India Limited (”NSE”).BSE shall be the Designated Stock Exchange for the listing of KNR Constructions Limited IPO.

Axis Bank Limited is the Book Running Lead Manager to the IPO and the Registrar for the KNR Constructions IPO is Intime Spectrum Registry Limited.

Read more information regarding the KNR Constructions Limited IPO in the Red Herring Prospectus.

Neel Metal Products Limited has recently filed DRHP with SEBI for its Initial Public Offering of 52,51,0000 equity shares of Rs 10 each at a premium do be decided later through the book building process. The net issue to the public constitutes of 49,88,450 equity shares with 2,62,550 equity shares reserved under the Employees category. The net issue will constitute 33.25% of the fully diluted post paidup capital of the company.

Neel Metal Products Limited is a part of the JBM group of companies, which is a prominent player in the automotive components manufacturing industry in India. The Company is an integrated steel processing and automotive products manufacturer, whose integrated facilities enable it to manufacture a wide spectrum of automotive components, ranging from production of steel blanks, steel tubes for two-wheelers, frames for scooters, wheel rims, stamped components and complete fabricated and painted body for three-wheelers.

Net Issue of the Neel Metal Products IPO will be not less than 4,988,450 Equity Shares of which QIB Portion is Up to 2,494,225 Equity Shares (available for allocation on proportionate basis only) of which: Mutual Funds Portion Up to 124,711 Equity Shares Non-Institutional Portion is Not less than 748,268 Equity Shares and the
Retail Portion of the IPO is Not less than 1,745,958 Equity Shares.

The objects of the Neel Metal Products Limited IPO are
(a) to fund long term capital expenditure at the Company’s existing facilities at Gurgaon, Haridwar and Pantnagar;
(b) long term capital expenditure at the Company’s steel service centres (“SSCs”) at Pune, Gurgaon and Pantnagar;
(c) to fund the Company’s equity contribution in its joint venture companies TSNA, ANTB and Neel Metal Fanalca;
(d) to repay certain existing loans of the Company; and (e) for certain general corporate purposes.

The Equity Shares offered through IPO are proposed to be listed on BSE and NSE. The Company has received in-principle approval from BSE and NSE, for the listing of the Equity Shares.

Book Running Lead Manager to the Neel Metal Products IPO is ICICI Securities Limited and the Registrar for the Neel Metal IPO is Karvy Computershire Private Limited.

Neel-Metal-Products-Limited-IPO Draft Prospectus 

NKG Infrastructure Limited is planning an public issue of 63 Lakh equity shares at a face value of Rs 10 each at a premium of the shares to be decided later through the book building process. The NKG IPO will constitute 44.41% of the fully diluted post issue paid up capital of the company.

NKG Infrastructure has recently filed its DRHP with SEBI for the IPO. Incorporated in 1989 the Company is engaged primarily in execution of Infrastructure Sector Projects like Highways, Roads & Bridges and are also involved inexecuting other Civil Construction projects like Extension & Grading of runway, construction of residential & Commercial Buildings & Land Development . The company also recently diversified in to installation & erection of Electric substations.

NKG will issue 63,00,000 Equity Shares of face value of Rs. 10 each for cash Of which Qualified Institutional Buyers Portion is Upto 31,50,000 out of which upto 5% i.e. 1,57,500 equity shares shall be available for allocation on a proportionate basis to Mutual Funds.Non Institutional Portion is atleast 9,45,000 Equity Shares and the Retail Portion is atleast 22,05,000 Equity Shares.

The objectives of the NKG Infra IPO is to deploy the proceeds for funding capital expenditure requirements, investment in Joint Venture & BOT projects, augmenting working capital resources, and meeting issue expenses.

Book Running Lead Manager to the NKG Infrastructure Limited IPO is SPA Merchant Bankers Limited and the Registrar to the NKG Infrastrucutre IPO is Karvy Computershire Private Limited.

The Equity Shares issued through this IPO are proposed to be listed on Bombay Stock Exchange Limited (BSE) and on the National Stock Exchange of lndia Limited (NSE). For the purposes of this Issue, BSE shall be the Designated Stock Exchange.

NKG-Infrastructure-IPO-draft Prospectus