Archive for October, 2009
Madhucon Projects Stock Split Record Date
On Tuesday, 27 October 2009, the company had fixed 7 November 2009 as the record date sub-division equity shares of face value Rs 2 each into one share of Re 1 each.
Madhucon Projects is an engineering construction company. The company is involved in projects that include highway construction, infrastructure projects, and construction of Hydel [...]
Diamond Power bonus issue
Diamond Power Infrastructure approved a 1:3 bonus issue. Diamond Power Infrastructure manufactures wire products such as cables, conductors and wire rods. Diamond Power had in September 2009 received a mega order for supply of cables aggregating 21,415 kilometers. The financial details were not disclosed. The order is to be executed in next nine months.
Record Date - Reliance Bonus Shares
Reliance Industries (RIL) has recently announced 1:1 bonus. Board has also recommended Rs. 13 dividend. Thought he bonus news was unexpected, finally you got your shares doubled. Company announced bonus after 12 years. Last time, RIL announced bonus in September, 1997. Reliance Industry board might have taken this unexpected step (Bonus issue) to improve [...]
Entertainment World to raise Rs 400-500 cr through IPO
Entertainment World Developers (EWD), in which Phoenix Mills holds 40%, is planing to raise Rs 400-500 crore via IPO (initial public offering). EWD focusses on retail, residential projects in tier 2 market.
ICICI Ventures and Manish Kalani are shareholders in EWD. Kotak Mahindra, ICICI Securities and Edelweiss are bankers to the issue.
Entertainment World Developers is a [...]
The Loot India, plans to raise Rs 100-crore through an IPO
Leading retail chain, The Loot India, plans to raise Rs 100-crore through an IPO, likely to be launched in the next calendar year (approximate next 15-months).
The proceeds will be used for consolidating its retail business as well as for setting up a training campus (The campus would also have a small manufacturing unit), spread across [...]
Indiabulls power IPO price band of Rs 40-45…
Indiabulls Power, a subsidiary of Indiabulls Real Estate, has reportedly fixed its initial public offering (IPO) price at the top end of the IPO price band of Rs 40-45.
· The public offer, which closed on 15 October 2009, ended with 21.84 times oversubscription. The IPO garnered bids for 608.62 crore shares as against 27.86 crore [...]
IOC bonus issue 1:1 on 30th october…
Indian Oil Corporation Ltd (IOC) has informed the market that they have fixed the record date for the Bonus issue that they have informed before.Bonus is on the ratio of 1:1 and the date has been set as October 30th 2009
Den Networks Ltd is set to open a $100 million IPO on Oct 28
Indian cable television firm Den Networks Ltd is set to open a $100 million IPO on Oct 28 and will finalize the offer price band this week.
The 20 million share offering, which represents a 15.16 per cent stake, would close on Oct. 30, the sources who did not want to be named said
Den Networks, which [...]
Ludhiana-based Kashmir Apiaries Pvt Ltd planning IPO..
Ludhiana-based Kashmir Apiaries Pvt Ltd, the largest exporter of honey from India, is planning to float an IPO (initial public offer) worth Rs 100 crore later next year.
According to Chairman and Managing Director of the company Jagjit Singh Kapoor, the funds would be utilised to add capacities in terms of expansion of bee-keeping colonies, acquiring [...]
Domino’s Pizza launching IPO…
Jubilant Foodworks, which runs the Indian franchise for global fast food chain Domino’s Pizza has filed an application with market regulator SEBI for an initial public offering to raise up to Rs 300 crore. The company would offer more than 2.27 crore shares having a face value of Rs 10 each through the IPO. Of [...]
