Archive for January, 2008
Future Capital IPO: Allotment and Refund
As you have been eager to know about Future Capital Holdings Limited’s IPO allotment, the allotment link is already been updated here Unfortunately, even after applying for 128 shares at the cut off price of Rs. 765 which comes down to max limit allowed for retail investors [Rs. 97920], we did not get a single [...]
Reliance Power IPO Allotment Status Link is Updated
Reliance Power IPO allotment status will be declared in a day or two as per the talks going on in the market, so we have updated the link where the IPO allotment status can be checked out. Check out our updated post on IPO allotment status, right now the Grey market price for reliance power [...]
Cox and Kings IPO: Company files DRHP with SEBI
Cox and Kings (India), one of the oldest and most reputed travel organizations in India operating as a one-stop-shop for all travel related products, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to enter the capital market soon with an initial public offering (IPO) of 8,700,000 [...]
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, [...]
