Entries Tagged 'IPO Upcoming Issues' ↓

Indain Largest Retailer of Men’s apparels Koutons Retail India Ltd, is coming out with an IPO of 35,244,390 Equity Shares of Rs. 10 each through the book building route. Out of which 5,00,000 equity shares have been reserved for the employees. So the Net issue to the public is 34,744,390.

Out of the total shares for offer to the public, Qualified Institutional Buyers (QIB) portion is fixed at 20,846,630 shares, Non-Institutional Portion of up to 3,474,440 Equity Shares and Retail Portion of up to 10,423,320 Equity Shares.

Koutons Retail India Limited will open for Subscription on 18 September 2007 and close for subscription on 21 September 2007. Post IPO, the shares of Koutons Retail India Limited will be listed on the stock exchange, Mumbai (BSE) and the National Stock Exchange (NSE).

Funds raised from the IPO are to be used for Setting up of exclusive brand outlets of the Company,Establishment of a new integrated manufacturing facility, Purchase of plant and machinery to increase the finishing and manufacturing capacity of the Company and Improvement of our information technology network.

Book running lead manager for Koutons Retail India Limited IPO is JM Morgan Stanley Private Limited and the registrar for Koutons Retail IPO is Intime Spectrum Registry Ltd.

For updates on the subscription ratio of Koutons Retail India Ltd IPO and to know the allotment status, refund details and listing date of Koutons Retail India Ltd. IPO, do check www.bsensedaily.com regularly.

Koutons Retail India Limited IPO Prospectus
For more information, read the Draft red herring prospectus of the Koutons Retail India Limited IPO Issue.

Tulsi Extrusions, manufacturer of PVC pipes and fabricated fittings, plans to enter capital market with an initial public offer (IPO) of 57,00,000 equity shares of Rs 10 each for cash and has filed draft red herring prospectus (DRHP) with market regulator, Sebi.

The issue comprises a reservation of 1,00,000 equity shares of Rs 10 for eligible employees and net issue of 56,00,000 equity shares. The issue would constitute 45.62% of the fully diluted post issue paid-up capital of our company.

The company proposes to utilize the net proceeds of the issue for expansion of manufacturing facilities at Jalgaon, Maharashtra at the cost of Rs 27.24 crore, meeting long term working capital requirements (Rs 12.13 crore), purchasing of branch offices (Rs 4.15 crore) and making provision for contingencies (Rs 0.29 crore). It will also use for general corporate purposes and issue expenses.

The equity shares after the Tulsi Extrusions IPO are proposed to be listed on BSE and NSE stock exchanges. Almondz Global Securities is the book running lead manager and Intime Spectrum Registry is registrar to the Tulsi Extrusions IPO.

Venus Records and Tapes Pvt Ltd is all set to list on the Bombay Stock Exchange later this year with an initial public offering (IPO) of Rs 5 billion (Rs 500 crore).

According to Venus Records and Tapes founder Ganesh Jain, “We are planning to launch an IPO of approximately Rs 500 crore by this year end. Currently, the paperwork for the same is going on.”

Somi Conveyor Beltings Ltd a manufactures and exporter of Rubber Convyor Belts plans for an Intial Public offer (IPO) of Rs 14.37 Crore. The company has filed its DRHP with SEBI recently.

The company plans to use the IPO proceeds in setting up of new manufacturing unit,Purchase of Land and Building for the office premises and meeting margin money required for the enhanced working capital.

The Company has a very long list of Clientele, among them are ACC, Aditya Birla Group of Companies, L&T, Essar Steel, TATAs, Ambuja Group etc. in private sector favouring the Company with their repeat orders.

The Equity Shares offered  through this issue are proposed to be listed on Bombay Stock Exchange Limited (BSE), the Designated Stock Exchange.Lead mangers to the issue is Ashikha Capital Limited and the Registrar for Somi Conveyor Beltings IPO is Mondkar Computers Pvt Ltd.

For Somi Convery Beltings IPO Draft prospectus Click here.

Chennai based Consolidated Construction Consortium Ltd a turn-key construction services provider in India plans to raise about Rs 200 crore from the equity markets to finance its expansion.The company will issue 37 Lakh equity shares at the price of Rs 10 per share with a premium to be fixed later. Post IPO the issue will constitute 10.01% of the fully diluted paid up capital of the company.

At least 2.220,000 Equity Shares of face value of Rs. 10 will be issued to the Qualified Institutional Buyers (QIB) out of which 111,000 Equity Shares will be issued to to Mutual Funds.Non-Institutional Portion is to 370,000 Equity Shares and Retail Portion is 1,110,000 Equity Shares.

The company intends to purchase equipment to produce ready mix concrete, scaffolding material, piling machines, cranes for about a cost of Rs 90 Crore and repay loans to the extent of Rs 16 Crore with the IPO proceeds.

As of April 30, 2007 the company is executing 130 projects across various states in India and have received orders for six projects on which the company yet to commence construction. These projects involve the proposed construction of 4.35 million sq.ft. of industrial space, 17.58 million sq.ft. of commercial space, and 0.55 million sq.ft. of residential space. As of April 30, 2007, the company’s book order stood at Rs 1,812.53 crore.

CCCL private sector clientele operate in diverse sectors such as IT / ITES, hospitals, hospitality, pharmaceuticals, education, hospitality, manufacturing, retail, malls and multiplexes. Their clients include Infosys Technologies Limited, Ascendas IT Park (Chennai) Limited, Khivraj Technology Park Private Limited, Manipal University, Airport Authority of India Limited, Hi-Tech Carbon (a unit of Aditya Birla Nuvo Limited) and the Infosys Foundation.

CCCL plans to list their shares on Bse and Nse and have received the conformation from both the stock exchanges. Book running lead managers to the issue are Enam Financial Consultants Private Limited and Kotak Mahindra Capital Company Limited.Spark Capital Advisors (India) Private Limited is the Co-Book running Lead Manger to the issue. Karvy Computershare Private Limited is the registrar for the Consolidate Construction Consortium (CCCL) IPO.

For further updates on  Consolidated Construction Consortium Ltd (CCCL) IPO Subscription dates, Subscripiton details, allotment and listing dates do check this blog regularly.

For CCCL IPO draft prospectus  Click here.

For all Nse,Bse IPO’s in 2007 Click here.

Ansal Properties and Infrastructure, the Delhi-based real estate firm is planning to raise Rs 10 billion via a follow-on public offer (FPO) in the next year.

The FPO funds  will be utilized for financing its ongoing real estate projects and also undertaking new projects in hospitality and education sectors. At present, the company is having a land bank of 7,000 acres, mostly in north Indian states.

Sita Shree Food Products Ltd plans for an IPO and recently filed its DRHP with SEBI. Sita Shree Food Products Ltd would raise Rs 3150 Lakhs through Public Issue.

Sita Shree is in the business of Wheat and pulse processing.The manufacturing unit of the Company is located in the city of Indore.The product portfolio of the Company consists of Wheat Flour, Maida, Rawa, Daliya, Suji, Chana Dal etc.These products are marketed under its own brand like “Sita Shree”, “Regular” and “Sita Shree Gold” or sold to other brands.

The book running lead manager to the issue is Keynote Corporate Services Ltd. The registrar for Sita Shree Food Products Ltd is Ankit Consultancy Private Limited.

DRHP of Sita Shree Food Products Ltd IPO Click here.

For further updates on Sita Shree Food Products IPO do check this blog regularly.