Archive for March, 2010
Rendezvous Sports World Ltd – Kochi IPL Team Owner
Rendezvous Sports World Ltd forked out USD 333.3 million as against the minimum bid amount of USD 225 million for IPL Kochi team for IPL 2011. Meanwhile, the Sahara ASG, which had also bid for Ahmedabad and Nagpur, purchased Pune for USD 370 million.
Indian Stock Market Calendar – 24-March-2010 to 27-March-2010
As you have been reading by now, this updates on stock market calendar is good source of information to know the board meetings for the purpose of EGMs, Bonus issue discussions, bonus share allocations and other company matter. Each day has been detailed with company name and event. Enjoy and share! 24/03/2010 Apis India Ltd. [...]
IPO Analysis Review – IntraSoft Technologies – Avoid
IntraSoft Technologies IPO is looking to raise Rs 53.6 crore at the upper end of the price band (Rs 137-145). The proceeds are to be spent in branding and promotion and for purchasing a corporate office in Kolkata. Investors can give the initial public offering of IntraSoft Technologies a miss, given the stiff challenges that [...]
IPO Analysis Review – Goenka Diamond and Jewels – Avoid
Goenka Diamond and Jewels IPO is open from March 23 to 26. On offer are one crore shares. SBI Capital Markets is the lead manager to the issue. In its price band of Rs 135-145, the offer values the company at 10.7-11.5 times the annualised per share earnings on a post-issue capital. While not very [...]
IPO Analysis Review – Shree Ganesh Jewellery House Limited – Invest
Shree Ganesh Jewellery House IPO is open from March 19 to 23. On offer are 14,269,831 shares, of which 2,133,334 shares are an offer for sale. The book running lead managers are Axis Bank, ICICI Securities and Avendus Capital. Investors with a higher risk appetite can subscribe to the Initial Public Offer of gold jewellery [...]
Wintac Rights Issue Approved
Wintac board in its meeting on 18 March 2010 has decided to issue 22,75,000 equity shares on rights basis to the existing shareholders in the ratio of one share for every two shares held at a price of Rs. 30 per share, aggregating to Rs. 682.50 lakh.
SE Investments Stock Split
SE Investments jumped to Rs. 631 on BSE, after the company said its board will meet tomorrow, 20 March 2010, to consider a 5-for-1 stock split. The stock hit a high of Rs 631 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 582.55 [...]
