BGR Energy IPO will be opening on the 5th of December, with an issue size of around 91 lakh equity shares, out of which 43 lakh equity shares will be a fresh issue and other 48 lakh equity shares are the stake sale of the promoters. BGR Energy IPO Subscription price is between Rs. 425 at the lower end and Rs. 480 at the higher end of the price band. BGR Energy Systems IPO will issue 86 lakh equity shares to the public after leaving 5 lakh equity shares under the employee reservation. The company is a major supplier of Power equipment for various Energy companies across India and provides turnkey solutions to various power and oil sector companies. BGR Energy Systems IPO subscription closes on 12th December, 2007 and the company plans to use the proceeds raised from the issue for establishing manufacturing facilities in India and abroad (China and Middle East Countries). BRLM to the BGR Energy IPO is SBI Capital Markets, Kotak and UBS. Do visit us regularly for more information reagarding the BGR Energy Services IPO Subscription details, Allotment and other updates of the BGR Energy IPO.
BGR Energy IPO Subscription starts on 5th December
By admin | November 26th, 2007 | IPO, IPO Current Issue
12 comments ↓
Do you think the BGR Energy IPO can give good returns to the investors ? what is the grey premium
Ram, i think the company is not so big one and the issue price is high. But the plus point to the issue is the space the IPO is in which is power sector. As we are all witnessing the power sector stocks are doing really great if we see the PowerGrid and the movement of NTPC from last 2 months they all have given very good returns.
Being in the same power space, the BGR Energy IPO subscription will be high and the returns to the investors will also be high.
Thanks Dsouza, What is the Grey market premium of BGR Energy IPO ?
Pavan > Grey premium is Rs. 150
IN THIS IPO MAIN MOMENT OF SHARE IS POWER GRAID AND NTPC , NEVLIY ARE MAIN MOMENT THIS SHARE MAY BE MOVE IN LIFE HIGH SO PLZ PURCHASE OF ALL THIS SHARE ITS MY ADVICE
i think this IPO will not recieve the attention it deserves due to listing of another company in power sector - Reliance Power. Reliance Power is expected to raise $3 billion through the IPO. But an intelligent investor should study each and every IPO and invest whereever he finds potential returns.
Happy investing!
DEFINETLY BGR ENERGY IPO WILL OVER SUBSCRIBE ,
RETURNS OF INVESTING IN POWER SECTOR WILL BE VERY HIGH FOR INVESTORS.
Can you suggest me the probability of getting these shares in IPO(I mean if I apply for 500 share who many shares will be allocated for an individual) please suggest
I need in both the IPO’s eClerx Services & BER Energy
Your help on this issue will save our time and money.
Taking the grey market premium Rs 150 into consideration and the recent hike in power sector stocks it’s likely that this IPO will get good initial response. Book your profits in listing advised.
Should Apply in BGR Energy IPO? or not…??
Grey premium is Rs. 300, wait and watch
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