Archive for February, 2008
Manjushree Extrusions IPO listing on Feb 28, Tomorrow
Manjushree Extrusions will list on the BSE with its equity shares on February 28, 2008. You read it correct, it’s listing only on BSE and not NSE. This company is listed before on other exchanges in the country like Ahmedabad Stock Exchange, Calcutta Stock Exchange, and Guwahati Stock Exchange. The offer price is at Rs [...]
L&T Infotech IPO Postponed to 2009
Indian engineering firm Larsen & Toubro Monday said it has rescheduled the initial public offering of unit L&T Infotech to 2009. The IPO was originally scheduled for late this year, 2008.
“We are not in a hurry and we will not get the required valuation in the present market conditions. So we have postponed it,” Chairman [...]
Godrej Properties IPO - DRHP in 10 days
Adi Godrej of Godrej Industries informed that they are going to file for DRHP with SEBI for Godrej Properties IPO. They shall be diluting 10% stake through Godrej Properties IPO.
The news of filing the DRHP in 10 days actually pushed Godrej Industries to touch upper circuit by 5%. Let’s see how Godrej Industries traverse for [...]
HDFC Standard Life IPO Anytime Soon?
Insurance company HDFC Standard Life is thinking about bringing an IPO. Standard Life Chairman Gerry Grimstone visited recently and he mentioned that HDFC and Standard Life together are checking about the possibility of the business in near future in India and are willing to mull the IPO together. HDFC standard life IPO date is not [...]
Emaar MGF IPO Refund Money, Did you get it yet?
Even after extending the IPO date and reducing the IPO price, Emaar MGF could not get enough response from investors in primary market. Unfortunately, the IPO which could have been a big success if it would have been bullish market, had to close down and withdraw IPO from primary markets.
Though most of the investors did [...]
Record Date for Reliance Power Bonus Shares
As per our updates on previous post on Reliance Power Bonus shares ratio, we would be updating the bonus issue record date as soon as we get it. This is the place where you would find the record date for the bonus shares. The cut off date once decided, it would be interesting to see [...]
Reliance Power Bonus Shares Issue: 3 Bonus Shares for Every 5 Held
As per our updated before on Reliance power bonus shares here, today Anil Ambani promoted Reliance Power declared a bonus share ratio for this bonus issue.
The investors would cut down their losses by as much as 40% over the IPO price after the company announced the bonus issue on Sunday.
The board of directors at its [...]
Future Group Company, Future Ventures Filed DRHP for IPO with SEBI
Future Group company, Future Ventures has filed DRHP for IPO with the market regulator, Sebi. The company will issue 373.6 crore shares of Rs 10 face value through 100% book built issue.It is planning to raise Rs 3736 crore. Net issue to the public will be of 266.07 crore equity shares and reservation of upto [...]
REC IPO Subscription Details
REC is one of the leading public financial institutions in Indian power infrastructure, engaged in the financing and promotion of transmission, distribution and generation projects throughout India.
You must have read our recommendation for REC IPO before. We had suggested to apply for this IPO looking at the strength in this company and good investment and [...]
IRB Infrastructure getting listed on bourses on Monday, 25th Feb
IRB Infrastructure had entered the capital markets on January 31, 2008 with a public issue of 5,10,57,666 equity shares of Rs 10 each through 100% book building process and with a price band of Rs 185 to Rs 220.
As we mentioned before here, the company’s IPO was subscribed over 4.3 times. The QIB portion was [...]
