Entries Tagged 'IPO' ↓

Shriram EPC IPO Allotment is out and investors who have applied in this issue can verify the allotment with their applicaton numbers in hand. Shriram EPC IPO has been overall subscribed by 3.91 times and on the retail segment the susbcription was only .63 times. Investors who have applied in the Shriram EPC IPO will get sureshot allotment. If you would like to verify the allotment status you can do by clicking at the following link

Shriram EPC IPO Allotment Link
Shriram EPC IPO Listing Date has been not yet announced, but the listing of Shriram EPC IPO is expected in next week. Hope the listing does well and investors are advised to come out of the stock due to the volatile market conditions.

Bang Overseas Ltd IPO Allotment is out and investors who have invested in this issue can verify at the registrar website with the applciation numbers in hand. Bang Overseas IPO subscription was 1.24 times and the retail subscription was close to 1.17 times. Bang Overseas IPO subscription closed on 28th January, 2008 and considering the current market conditions Bang Overseas IPO listing may go below par. Investors are advised to come out of the stock on the listing.

Bang Overseas IPO Allotment Link 

Microsec Financial Services IPO can hit the markets soon as it has recently filed its DRHP with SEBI. Microsec is a Financial Services company which provides services in the area of Equities, Investment Banking , Wealth Management and other Brokerage areas. Microsec IPO plans to raise an amount of Rs. 160 crore from the capital markets. More information and the price band of the Microsec Financial Services IPO will be known after it receives the approval from the SEBI. Microsec IPO information will be updated here soon.

Globus Spirits IPO has been postponed according to the company release. Globus Spirits IPO was scheduled to open on February 19th, but because of the lack of the interest in the primary markets from the investors, Globus Spirits IPO has been postponed indefinitely. It is the time for all the promoters of the IPO’s to rethink on the price band of the issues and to place the IPO in a very reasonable price band with leaving some thing on the table for the investors.

SVEC Constructions IPO has followed the same route as the Emaar MGF and Wockhardt hospitals IPO because of the poor response from the investors. Investors sentiment has gone way low with the listing of Reliance Power IPO and there are no signs of interest in the upcoming IPO’s for at-least some time. There is lot of money waiting in the sidelines but investors are now looking to invest only in quality IPO’s and have to see how the Rural Electrification IPO subscription goes. Investors who have applied in the SVEC IPO can expect the refunds in another 10 to 15 days and applicants who have not received the SVEC IPO refund money can contact the registrar with the application numbers.

KNR Constructions IPO Allotment is out and can be verifed at the registrar’s website. KNR IPO Allotment is firm for every retail investor as the IPO was only oversubscribed by .27 times in the retail segment.Allotment looks for sure but just verify at the registrar website.

KNR Constructions IPO Allotment Link

Good Luck for all the investors who have applied in this IPO and hope the listing of KNR Constructions IPO does well and doesnt fall below the issue price.

Emaar MGF IPO has been withdrawn and the company has stated that it will refund the application money back to the investors in another 10-15 days. Main reason for the withdrawal of Emaar MGF IPO was because of the market sentiment and high pricing. Primary markets are facing tough time as lot of issues have to be extended and some of them getting withdrawn. Wockhardt Hospitals IPO Withdrew its IPO yesterday and SVEC IPO has extended the issue closing date to 13th of February, 2008.

Emaar MGF has revised its price band twice initially priced at Rs. 610 - 690 the company has reduced it to to Rs 540-630, with the subscription not getting done the company has extended the issue to 11th February and changed the price band to o Rs 530-630. Emaar MGF IPO Subscription today was over 0.84 times in the morning but suddenly QIBs and HNIs have started withdrawing their bids and the subscription dropped from 0.84 times to 0.43 times which made the company to rethink its IPO plans and has announced the withdrawal.