Archive for July, 2009
Adani Power IPO in price band Rs. 90-100…
Adani Power Ltd on Tuesday fixed the price band for its initial public offer (IPO) between Rs90 and Rs100 per share. The firm is offering 3.01 million equity shares of Rs10 each. The issue will open on 28 July and end on 31 July. The issue price will be decided through a book-building process. The [...]
NHPC IPO price band between 30-36 Inr
Virtually flagging off the government’s disinvestment effort, the empowered group of ministers (eGoM) on Friday met to finalise the price
band for NHPC’s initial public offering (IPO), which will happen simultaneously with the disinvestment process. The eGoM has suggested a price band of Rs 30 to Rs 36.
The lead managers for the offer — [...]
NHPC IPO between 1550CR-1850CR with price band 28-33 Inr per share…
NHPC is set to become the first PSU firm to hit the capital markets with the government mopping up between Rs 1,550 crore and Rs 1,850 crore by divesting 4.5% stake. The issue maybe priced in a band of Rs 28 to Rs 33 per share. A final decision to this effect will be taken [...]
Dubai based Emaar Properties ( MGF JV -India) IPO in plan…
Emaar Properties is still considering an initial public offering for its India MGF joint venture, in line with its strategy announced last year,.
Emaar, which is building the world’s tallest tower, said that while an IPO is being considered, it is still in the preliminary stage.
“The aforementioned IPO strategy for Emaar MGF has already been [...]
Raj Oil Mills with IPO plan @ Rs.100-120 a share….
Raj Oil Mills (Raj Oil) is an established player in the Indian Edible Oil space, with major presence in Western India.
The company is known for its brands such as Cocoraj (coconut oil), Guinea (groundnut oil and sunflower oil) and Raj.
Raj Oil has set a price band of Rs100-120 a share for its initial public offer [...]
Adani power ltd sold 36-million shares before IPO…
In a pre-IPO placement, Adani Power Ltd has sold 36-million shares to Mauritius-based foreign equity player, Capital Trade and Investment Pvt Ltd and private equity player, 3i Power Investments A1 Limited, ahead of its initial public offering sch eduled to open on July 28.
The project cost for generating 6,600 MW is estimated at Rs [...]
Ramco Industries move ups on stock split bonus plan…..
The small-cap stock had outperformed the market over the past one month till 13 July 2009, falling 7.93% as compared to the Sensex’s 12.06% fall. It had also outperformed the market in the past one quarter, gaining 53.97% as compared to the Sensex’s return of 22.19%.
The company’s current equity is Rs 4.33 crore. [...]
Adani Power IPO gets green signal from SEBI…
The company is coming out with an initial public offering (IPO) of 3377 lakh shares of face value of Rs 10 each. The net issue to the public would be 3297 lakh shares post reducing the employees’ reserved portion of 80 lakh shares.
It intends to utilize the issue proceeds for partly financing the construction and [...]
Shree Ashtavinayak cine stocks up on split news….
Shree Ashtavinayak touched an intraday high of Rs 570 and an intraday low of Rs 546. The share was quoting at Rs 552, up Rs 6.85, or 1.26%. The company board has approved 10-for-1stock split.
It was trading with volumes of 61,141 shares. Yesterday the share closed down 0.13% or Rs 0.70 at Rs 545.15.
The Pride Hotel in plan to raise 200-250 cr IPO…
The Pride Hotels plans (S.P.Jain owned) to raise Rs 200-250 crore through initial public offering (IPO) to fund its expansion plans. The hotel chain plans to develop seven five-star hotels, including resorts.
They chalked out Rs 800 crore expansion plan, of which, some would come through internal accruals and Rs 200-250 crore through IPO proceeds. For [...]
