Author Archive
Kanani Industries’ board approves stock split
The board of Kanani Industries has decided to sub divide the shares of the company from Rs. 10 per share to Rs. 5 per share. This was decided at the board meeting held on 03 November 2009
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 [...]
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 [...]
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 [...]
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 [...]
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, [...]
