Entries Tagged 'IPO' ↓

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Emaar MGF IPO has been withdrawn and the company has stated that it will refund the application money back to the investors in another 10-15 days.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 Primary markets are facing tough time as lot of issues have to be extended and some of them getting withdrawn.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.

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.

REC IPO will hit the markets for subscription on Monday, 19th February 2008. Rural Electrification IPO will issue over 15.6 crore equity shares at a price band of Rs. 90 to Rs. 105. Out of the total available shares employees reservation is fixed at over 39 lakh equity shares. Rural Electrical Corporation, REC is one of India’s leading Power Infrastructure company, which finances, promotes and helps in distribution of power projects .Rural Electrification Corporation has been awarded Mini Ratna Grade-1 status and the President of India currently holds 100 per cent paid up capital in the company through Ministry of Power and post IPO the share will come down to just over 81 per cent. R

Rural Electrification Corporation IPO is backed up by good financials of the company, for the FY07 the company has reported sales over Rs.2652 crore with Profit after tax standing at over Rs. 684 crore.

Rural Electrification Corporation IPO has been graded by CRISIL and the issue has been awarded IPO Grade 3 which indicates average fundamentals. REC IPO funds are proposed to be utilised for strengthening its capital-base.

REC IPO Subscription closes on Friday, 22nd February, 2008 and post IPO the proposed shares are to be listed on the BSE and NSE. Book Running Lead Managers to the REC IPO are ICICI Securities, SBI Capital Markets and IL&FS Investsmart Limited.More information and updates on REC IPO Subscription and REC IPO Allotment will be updated here soon. Do check back for Rural Electrification Corporation IPO analysis and review on REC IPO .

Wockhardt Hospitals IPO has been withdrawn according to the reporsts in various media. Wockhardt Hospitals IPO has received very poor response from the investors as the issue was heavily over priced compared to its peers like Apollo Hospitals and Fortis Healthcare. Subscription figures on the closing day were HNI Segment - 0.006 times, QIB’s - 0.3 times and the Retail segment was subscribed by only 0.2 times. Investors who have applied in this IPO has to wait for another 15 days to get the refunds from the registrar. More information regarding the Wockhardt Hospitals IPO Withdrawal news will be updated here as soon as it is known from the company.

VGuard IPO is all set to enter the capital markets on 18th February with an offering of 8 million equity shares . Out of the available 80 lakh equity shares, employees reservation is fixed at 4 lakh equity shares so the net issue to the public is 76 lakh equity shares. Vguard IPO price band has been fixed at Rs. 80 on the lower end and Rs. 85 on the higher end of the issue. VGuard Industries is a cochin based electronic brand company which manufactures and markets Motors, Stabilisers and other Electronic items. VGuard has good marketing network in the south with over 7500 retailers serving through more than 100 distribution centres. V-guard IPO funds are proposed to be used for establishing new manufacturing units at Coimbatore and Uttaranchal.

VGuard IPO has been graded by CRISIL and the agency has assigned IPO Grade 3, which indicates average fundamentals of the Vgaurd IPO. Book Running Lead Manager to the issue is Anand Rathi and the issue is proposed to be listed on the BSE and NSE. Vguard IPO Subscription closes on the 21st of February, 2008 and being a small issue it should get good investors response. More updates and information on Vguard IPO Subscription and VGuard IPO Allotment will be posted here.

Reliance Power IPO Listing Date has been announced by the company and the issue is all set to list on the BSE and NSE exchanges on Monday, 11th of February, 2008. Reliance Power IPO Allotment has been recently completed in record time and the Refunds have already started coming in to the bank accounts as per the registrar. Reliance Power IPO Listing price is expected around Rs. 600 according to most of the analysts. Grey Market Premium for the issue is also quoting around Rs. 180, which indicates that the listing is expected at over Rs. 625. Investors can stay invested in the Reliance Power IPO with medium to long term horizon, as the company is expected to do well in the buzzing power space in the coming years. Good luck for all and can definitely expect that the listing of Reliance Power IPO will bring more joys to the markets. Reliance Power IPO stock code will be updated soon. Do visit us back for Reliance Power IOP listing Details.