Archive for September, 2009
Thinksoft Global sevices IPO subscribed 2.57 times
The initial public offering (IPO) of Thinksoft Global Services was subscribed 2.57 times as per the NSE website. The issue received total bids for 93,70,900 shares against its issue size of 36,46,000. The issue was scheduled to close on September 24 but was extended due to lukewarm response from investors. The company had also reduced [...]
Falcon Tyres fixes record date for stock split
Falcon Tyres today announced that it has fixed September 29 as the record date for the purpose of determining the members eligible for the stock split and bonus shares.
- Falcon Tyres to raise Rs 300 cr; board decides to split stock
- Falcon Tyres zooms 256% post open offer
The company will split a share [...]
Pipavav Shipyard IPO subscribed 8.21 times…
Pipavav Shipyard got over 57.64 crore bids for the company shares against 7.01 crore shares on offer. The company received 6.39 crore bids for the issue at cut-off price.
The IPO opened for subscription on September 16, 2009.
Pipavav Shipyard, which is jointly owned by SKIL Infrastructure and Punj Lloyd, has current order book of $ [...]
Sunteck Realty fixes 12th oct as stock split date…
Sunteck Realty has fixed 12 October 2009 as the record date for the purpose of sub division of equity share of Rs 10 each into 5 equity shares of Rs 2 each.
The initial public offer(IPO) of private ship-builder Pipavav Shipyard got subscribed 6.64 times
The initial public offer(IPO) of private ship-builder Pipavav Shipyard got subscribed 6.64 times till the final day , getting a strong response from investors.
The company hopes to raise funds up to Rs 513 crore through the offer. According to the latest data available with the National Stock Exchange, the IPO got over 46.57 crore [...]
Pipavav Shipyard IPo subscribed 2.67 times & market also rises…
The initial public offering (IPO) of Pipavav Shipyard Ltd, which was opened for the public on Wednesday, got subscribed within a few hours, indicating availability of enough liquidity in the market. The IPO got oversubscribed by 2.67 times, as it received bids for 18.71 crore shares against the issue size of 7.01 crore shares.
“The [...]
Research report on Pipavav Shipyard’s initial public offering (IPO).
The issue has opened for subscription today and will close on September 18. The price band is fixed at Rs 55-60. It recommended being cautious while investing in this issue.
· The company commenced its operations at the beginning of this fiscal year; there is lack of information with regards to the operating and financial performance [...]
Pipavav IPO story with analysis…
Pipavav IPO: Open and Close Dates
Pipavav IPO opens on 16th September 2009 and closes on 18th September 2009.
Pipavav IPO: Price Band
The price band of Pipavav IPO has been fixed between Rs. 55 and Rs.60
IPO Grading: Pipavav Shipyard
The IPO has been graded 3 out of 5 by CARE. This denotes average fundamentals. I was interested to [...]
Reliance Life Insurance plans to launch an IPO about Rs.3000 crore
Reliance Life Insurance plans to launch an initial public offering (IPO) about Rs.3000 crore, if it gets government approval. It plans to divest 20% in IPO after getting government nod.
· The company had approached the Finance Ministry seeking permission to launch an initial public offering (IPO). Under the current regulations, a company cannot list unless [...]
Oil India Ltd (OIL) IPO subscribed 1.27 times on the first day…
The initial public offer (IPO) of Oil India Ltd (OIL), the second-largest state-run oil and gas company, was subscribed 1.27 times on the first day of its opening for subscription today. It is the third-largest IPO this year after NHPC and Adani Power Ltd, which raised around Rs 6,000 crore and Rs 3,000 crore, respectively.
The [...]
