Archive for January, 2008
How SEBI Regulation on Circuit Breakers work?
Circuit breaker limit changes everyday and stock keeps moving from one circuit breaker category to another, based on previous day’s closing price. The intention of introducing the circuit-breaker was to reduce excessive speculation by stopping order flow and help improve market liquidity. The concept of circuit breaker was laid back to 1987 crash of US [...]
Technical Picks: GMR Infrastructure
GMR Infra witnessed intense selling pressure last week, forcing the stock to test lower levels of 111.10. However, the stock managed to find strong support at lower levels and stage a strong bounce back. The stock managed to close above its 8-day EMA level of 186. The 14-day RSI is indicating the stock to be [...]
IPO Subscription Details: KNR Constructions, OnMobile Global, Bang Overseas IPO
OnMobile Global IPO surpassed KNR Constructions in subscription after third day. In the race of these two IPOs, KNR Constructions subscribed 0.29 times on third day and OnMobile Global subscribed 2.58 times on third day. Meanwhile, Bang Overseas IPO is getting into the competition and subscribed 0.41 times on day 1 which is much better [...]
Manjushree Extrusions IPO opens on 31 Jan
Manjushree Extrusions IPO opens for subscription on Thursday, January 31, 2008. Manjushree Extrusions IPO price band has been fixed at Rs. 45 per share of face value Rs. 10 each. The shares of Manjushree Extrusions Limited are already listed and actively traded on the Indian stock markets. Manjushree Extrusions IPO will close for subscription on Wednesday, [...]
Alchemist Realty Ltd Bonus issue - Record Date Fixed
Alchemist Realty Ltd. has fixed the Record Date for the purpose of Bonus Issue. The transactions in the equity shares of the company should be on an ex-bonus basis with effect from 07th Feb 2008.
Keep yourself updated on latest bonus issues here.
Tulsi Extrusions IPO to raise up to 485 million rupees
Tulsi Extrusions Ltd plans to raise up to 485 million rupees through an initial public offering of shares, starting on Feb. 1, it said on Monday.
The maker of PVC pipes based in Jalgaon, Maharashtra, has set a price band of 80 rupees to 85 rupees a share, and plans to sell [...]
IPO Calendar For Week Starting January 28th 2008
IPO that are opening and closing for this week is listed here with price band.
IPO
Issue Open
Issue Close
Price Range
KNR Constructions Limited IPO
Jan 24, 2008
Jan 29, 2008
Rs 170/- to Rs 180/-
OnMobile Global Limited IPO
Jan 24, 2008
Jan 29, 2008
Rs 425/- to Rs 450/-
Bang Overseas Limited IPO
Jan [...]
Bang Overseas IPO subscription Details
Bang Overseas, a provider of fashion fabrics and ready-to-wear requirements in apparel, textile and retail segment, is opened for subscription with an initial public offering (IPO) of 3,500,000 equity shares of Rs 10 each for cash at a price to be decided through a 100% book-building process. The issue will constitute 25.81% of the post-issue [...]
Reliance Power IPO Allotment Status
Reliance Power IPO was over subscribed heavily, but less than 15 times in retail section. Reliance Power IPO allotment in is confirmed one lot to each retail investor for those who have applied for 15 lots. Due to the partial payment option available, most of the retail investors have applied for all 15 lots allowed [...]
Future Capital IPO Allotment Status
Future Capital IPO Allotment was over subscribed heavily and the IPO allotment will be done based on the lottery system certainly. IPO allotment in the Future Capital IPO is difficult due to the positive response by retain investors. Investor getting the IPO allotment in the Future Capital IPO would be lucky, since they’ll be able [...]
