Entries Tagged 'IPO' ↓

Reliance Infratel IPO is the next big public issue from the Anil Dirubhai Ambani led ADAG group.  Reliance Infratel IPO will issue over 8.91 crore equity shares of Rs. 5 each, with the price band to be decided later.The company has filed its Draft prospectus with SEBI for Reliance Infratel IPO which is engaged in the tower business and plans to raise around Rs. 5000 to 6000 crore through the public issue by selling only 10% of its post-issue paid capital which puts the overall company valuations around Rs. 60000 crore. It is previously known that the company has sold 5 percent stake in the Reliance Telcom Infrastructure valued at Rs. 1400 crore to a group of institutional investors.

Reliance Infratel IPO Analysis : Company is engaged in the business of Building and operating the telecommunication towers and has over 14,000 towers across India when its was last valued, and the company has set a target to reach 40,000 towers by the end of March 2008. Reliance Infratel is the single largest tower company in India with aggressive expansion plans to add more than 20000 towers in the coming financial year.

Reliance Infratel is the demerged tower business company of Reliance Communications which holds 95 per cent stake in the company . With the upcoming Reliance Infratel IPO, Reliance Communication share holders will get value unlocking of around Rs. 250 to Rs 300 per share. Based on this news the stock price of Reliance Communications soared up to close at Rs. 685 per share up by 11 per cent.

Post Reliance Infratel IPO , the company plans to use the funds raised through the issue for financing the passive infrastructure development of tower sites. Reliance Infratel IPO is to be listed on the BSE and NSE and the company has appointed

More information on the Reliance Infratel IPO Subscription dates and analysis and review of the Reliance Infratel IPO will be posted here soon. Do check back for updates on the Reliance Infratel IPO.

Cox and Kings IPO will hit the markets soon as the company has filed it DRHP with SEBI, for an initial public offering (IPO) of 87 lakh equity shares of Rs 10 each at a price to be decided later through the book building process. Cox and Kings IPO comprises a 86 lakh equity shares offering to the public with the remaining 1 lakh equity shares reserved for eligible employees.  Cox & Kings is is one of the longest established travel booking company in India and the world with its establishment in the year 1758. The company has 12 offices in India located in major cities and has offices in major world wide capitals. Cox and Kings IPO information will be updated when the issue opens.

Globus Spirits IPO is set to hit the capital markets on 07th February, 2008 with an public offer of over 42 lakh equity shares with the price band of Rs. 140 to Rs. 160. Globus Spirits IPO will raise an estimated amount of Rs. 68 crore for expansion facilities and for modernisation of existing plants. Globus Spirits is one of the premium alcohol manufacturers in Northern India which markets its alcochol products under the Brand Name IMFL. Globus Spirits IPO has been graded by CARE and the company received CARE IPO Grade 3 for Globus Spirits IPO. Globus Spirits has shown steady growth in its financials over the past 3 years and the company has grown at 30 percent CAGR with registered net profit after tax standing at Rs. 8.6 crore in the previous financial year. Globus Spirits IPO Subscription closes on 12th February, 2008 and the issue is proposed to be listed on the BSE and NSE. BRLM to the Globus Spirits IPO is SREI Capital Markets. More information and Updates on Globus Spirits IPO Subscription and Globus Spirits IPO Allotment status will be updated here.

January and February 2008 are busy months for the IPO investors, with so many public issues hitting the markets. Over 12 IPO’s are ready to hit the markets with the biggest IPO’s being Emaar MGF IPO, Wockhardt Hospitals IPO and IRB Infra IPO. Other IPO’s are small to medium issues. Investors will be busy this month with the oncoming IPO’s.

Investors are better to invest in Good IPO’s as the markets are volatile and would remain subtle till the Budget.  If it you feel like you want to invest in two to three issues and cant decide on which one you want to invest your maximum amount. It is better to take a clue based on the existing Grey Market Premiums of Indian IPO’s which would help you to take decision.

Future Capital IPO Listing Date is set as 1st February, 2008 which is to be record turnaround time of 11 days from the day it has closed for subscription till the listing date. Future Capital IPO is the first public issue in the calendar year 2008 and the company has set the tone for speedy process of refunds. They said they will finalise the allotment within this week and the refund process will start from 29th January, 2008. Future Capital IPO refunds will bring more liquidity into the markets which is to be around 16,000 crore. Future Capital IPO Price has been fixed at Rs 765 per equity share and the IPO is proposed to be listed on the BSE and the NSE. Grey Market Premium of Future Capital IPO is quoting over Rs. 400 and the listing of Future Capital IPO will be over Rs. 1150.

Investors who receive allotment can partially book profits and hold rest of the stock for medium to long term. More about Future Capital IPO Allotment here. Good luck for all the investors for Future Capital IPO Listing.

Cords Cable IPO Allotment Chances look good for the investors who have invested in the Retail Category. Cords Cable IPO Subscription closed yesterday with bids received for 1.53 crore shares against available 30.85 lakh equity shares with subscription rate of 4.98 times. Retail Investors portion is oversubscribed by only over 1.2 times which means that applicants will surely get allotment in Cords Cable IPO with more than 2 lots and who have applied for even the base amount should also get allotment. Cords Cable IPO Allotment is expected in the 2nd week of February and the Allotment need not be worried of as investors can surely expect shares. Cords Cable IPO Grey Market Premium is quoting around Rs 12 to 15 and investors are better off to sell the shares on Cords Cable IPO Listing Day to book profits as the markets are volatile will continue to stay subdued till the coming budget. More information regarding the Cords Cable IPO Allotment and Cords Cable IPO Listing will be updated here.

Update : Cords Cable IPO Allotment is out and investors who have applied in Cords Cable IPO can check their allotment status  here.

SVEC Constructions IPO Subscription will start from 4th of February, 2008 and the IPO Subscription closes on the 8th of February, 2008. SVEC Constructions IPO will issue over 40 lakh equity shares to the public out of which, over 14 lakh equity shares are to be allotted to the Retail Investors. SVEC Constructions IPO price band has been fixed at Rs. 85 on the lower end and Rs. 95 on the higher end of the issue. SVEC Constructions is a Hyderabad based construction company with operational expertise in irrigation projects, residential townships and office complexes. SVEC Constructions IPO hasn’t been graded by any of the Rating agencies as the company has opted not to grade the IPO. SVEC IPO funds are proposed to be used for acquiring capital equipments and for working capital requirements. More updates and information regarding the SVEC Constructions IPO Subscription and SVEC IPO Allotment will be udpated here. Do visit us back for SVEC Constructions IPO Information.