Archive for March, 2008
Tata Motors’ Acquisition of Jaquar and Land Rover
Acquisition of Jaquar and Land Rover by Indian tiger Tata Motors was a big buzz last few days. Finally, Tata Motors’ acquisition of two iconic British brands - Jaguar and Land Rover - was finally completed earlier this week. The previous owners of these two brands were Americans but though the flavor of the two [...]
Right Time to Buy Larsen & Toubro
Investors can consider taking advantage of recent market volatility to add the stock to their portfolio.
India’s largest engineering conglomerate, is better-positioned to weather risks such as firm commodity prices and a possible slowdown in industrial production. The recent announcement of a one-off loss in commodity hedging is unlikely to have any lasting impact on [...]
Offshore Company Formations and Bank Accounts
Being in the Europe, have you been thinking of spreading your business worldwide and take benefits of saving the cost by outsourcing? This is the hot topic going on now a days looking at the increasing costs in first world countries and unavailability of skilled resources. There are clearly many benefits of offshoring, as just [...]
Sita Shree Food Products IPO Allotment Status Declared
As we have updated you earlier about Sita Shree Food IPO’s market entry, Sita Shree Food Products IPO was oversubscribed by 2.44 times and 4.1253 times on the retail side and retail investors were eagerly waiting for the IPO allotment status for this IPO.
Your wait is over, now you can check Sita Shree Food Products [...]
Pay Taxes and Save Yourself From Hassles
You are making a lot of money through your job salary, income from other sources, online income, income after selling properties, trading in stock market - every source of income has “tax” attached to it and it’s important to pay those taxes to Government on time to avoid further hassles. If filing taxes would have [...]
Gammon Infra IPO Allotment Status
Gammon Infrastructure Projects Ltd IPO allotment status is out. This IPO was open in market from March 10, 2008 to March 13, 2008. The IPO was oversubscribed by 3.48 times and 1.0856 times on retail. Gammon Infra IPO Allotment status can be checked here.
Here are some more details:
Gammon Infra IPO Subscription Details
Gammon Infrastructure fixes issue [...]
Kiri Dyes and Chemicals IPO subscribed 46% by end of third day
The initial public offering (IPO) of Kiri Dyes and Chemicals received bids for 17.29 lakh shares as against 37.5 lakh shares on offer by the end of the third day of the IPO today. The issue was subscribed 0.46 times.
Kiri Dyes and Chemicals has set Rs 125 - Rs 150 per share price band [...]
Oversubscription details of Titagarh Wagons IPO
The initial public offering (IPO) of Titagarh Wagons was oversubscribed on the final day of the issue today. The IPO received bids for 1.6 crore shares as against 23.83 lakh shares on offer. The issue was subscribed 6.74 times by 17:00 IST, as per data available on the NSE website. Titagarh Wagons, a private [...]
Chiripal Industries IPO Files for DRHP with Sebi
Chiripal Industries (CIL), one of the leading vertically integrated textile players in the country, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). CIL proposes to access the domestic capital market with its initial public offering (IPO) of 14,216,700 equity shares of Rs 10 each for cash [...]
Titagarh Wagons IPO Subscription Details at the end of Third Day
The initial public offering (IPO) of Titagarh Wagons was almost fully subscribed by the end of the third day of the issue today. The IPO received bids for 23.53 lakh shares as against 23.83 lakh shares on offer. The issue was subscribed 0.99 times.
The retail portion was subscribed by meager 0.07 times while the [...]
