Archive for September, 2009
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 [...]
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 [...]
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. [...]
Ramco Industries has fixed date for bonus issue share….
Ramco Industries has fixed 15 September 2009 as the record date for the purpose of both the sub-division of the face value of each equity share of Rs 10 into 10 equity shares of Re 1 each and also for the issue of bonus shares in the ratio of 1:1. · The stock hit a [...]
OIL will launch its IPO between Rs.950 – 1050.
Oil India Limited (OIL) will launch its IPO of 26,449,982 equity shares at Rs 950 and Rs 1,050 per equity share from September 7 and ending on September 10. The issue comprises a net issue of 10% equity shares to the public with 1% equity, reserved for employees of OIL. OIL has 11 small and [...]
Global spirits IPO price band of Rs 90 to Rs 100 per equity share
Global spirits entered into the capital market on August 31 with a public issue of 75-lakh equity shares of Rs 10 each with a price band of Rs 90 to Rs 100 per equity share. · The issue, which was made through a 100 per cent book building process, was oversubscribed 1.5 times on Wednesday, [...]
GMR Infrastructure plans stock split…..
The shareholders passed a resolution regarding the stock-split at the 13th annual general meeting (AGM) today, GMR Infrastructure said in a filing to the Bombay Stock Exchange (BSE). · The shareholders also approved re-appointment of Uday M Chitale, Udaya Holla, Srinivas Bommidala and Kiran Kumar Gandhi as independent directors. · The shareholders ratified appointment of [...]
