Archive for October, 2009
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 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.
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 public […]
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 […]
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 […]
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 […]
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