Entries Tagged 'IPO' ↓

NHPC IPO Subscription which starts on August 7th 2009 with a price band of Rs 30 to 36 per share has generated good responses from the Analysts. NHPC IPO Review carried by the Analyst firms and brokerage companies have recommended to subscribe to the IPO. Below is what majority of the Analysts firms have to say about NHPC IPO Review.

SMC Global’s report on NHPC IPO : The healthy track record of power generation from operational projects arising out of favourable hydrology of the rivers on which these projects are located as well as the high Capacity Index of its operational plants enables NHPC to recover full Annual Fixed Charges (AFC). NHPC owing to its project locations has a highly concentrated customer profile, which largely includes North and North-East based State Electricity Utilities (SEUs). While these SEUs have relatively weak financial profiles, however NHPC has been able to realise 100% of its billings in last 6 years. The company will be a significant player in Hydro Power and would be PSU like NTPC in this sector. Going by the financials, the stock is trading at a P/BV of Rs.2 for its book value of Rs.16.45 for FY09, which is lower when compared with the peers. Further, looking at the fundamentals and track record, it is recommended to apply in IPO even at the upper band of Rs.36.

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Adani Power IPO price fixed at Rs 100 per equity share which is well received by the investors. Adani Power a power project development company, promoted by Adani Enterprises Limited which came for IPO of 301,652,031 Equity Shares of Rs. 10 each for cash. The price band for IPO was Rs. 90 to Rs. 100 per Equity Share.

Adani Power IPO opened on July 28, 2009 and closed on July 31, 2009. The Issue got subscribed 21.64 times with the Retail portion getting subscribed by 2.96 times.

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Excel Infoways IPO today listed on the bourses. Excel Infoways stock opened at Rs. 86 on the NSE and hit the highs of Rs 95 which is at a premium of 12% on Subscription price of Rs. 85.

On the BSE, Excel Infoways IPO opened at Rs 93.05, at a premium of 9.5% to its issue price. It touched an intraday high of Rs 99.90 and intraday low of Rs 91.80.

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Excel Infoways IPO listing date is set as 3rd August 2009. Excel Infoways IPO listing date has been informed to the stock exchanges by the company. NSE code for Excel Infoways IPO is EXCELINFO and BSE ID is 533090.

Good luck for all the investors who have invested in Excel Infoways IPO and have received allotment, hope Excel Infoways IPO listing does well on the bourses.

NHPC IPO is all set to open for subscription of August 7th 2009 with the price band set at Rs 30-36 per share. NHPC IPO is well awaited in the retail segment with no good IPO’s in the recent times. With recent success of the Adani IPO retail investors sentiment towards market seems positive.

NHPC IPO subscription begins on 7th of August 2009 and the issue closes on 12th August. NHPC plans to open 15% to the market which if taken at Rs.36 of the higher price band translates to 6000 crores.

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Adani Power IPO Subscription numbers reflect the good market sentiments and the faith in the markets. No other IPO in the past 15 months has not over-subscribed by more than 10 times.

Adani Power IPO Subscription closed yesterday and the the ipo has got subscribed by 21.7 times with details given below

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Rishabhdev Technocable today announced that its follow-on public offer (FPO) comprising of 9 million equity shares of Rs 10 each through 100% book building process would commence on Jun, 4 2009.

The price band of Rishabhdev Technocable FPO has been fixed at Rs 29 to Rs 33 for every share of Rs 10 each and the issue would close on Jun. 9, 2009.

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