ipo
IPO Analysis - IL&FS Transportation Networks Limited
IL&FS Transportation Networks Limited is entering the capital markets with an initial public offering (IPO) at the price band of Rs. 242-258 per share to raise Rs. 7 bn. The issue comprises of an offer for sale of 4.28 million equity shares by Trinity Capital Limited and a fresh issue of more than 22.85 million [...]
DQ Entertainment IPO subscribed a staggering 84.25 times
Hyderabad based animation and entertainment production house DQ Entertainment (International)’s IPO (DQE) received bids for 111.35 crore shares compared with 1.32 crore shares on offer. The IPO was subscribed a staggering 84.25 times by 16:00 IST on last day of the issue today, NSE data showed.
The company has fixed the price band of Rs 75-80. [...]
NMDC FPO Priced at Rs 300-350 a share
The government on Tuesday said it has fixed the price band of NMDC FPO at Rs 300-350 a share, a hefty discount of 25 per cent from its last closing of Rs 400 a piece on the BSE, to attract retail investors.
Analysts said the government has offered attractive discount, apparently not wanting the risk its [...]
IPO Analysis - Avoid Pradip Overseas Ltd
Pradip Overseas Ltd IPO is open from March 11 to March 15. On offer are 1.06 crore shares. Pradip Overseas has fixed the price band for its initial public offering of 10.6 million shares between 100 to 110 rupees a share. Anand Rathi is the lead manager of the issue. Investors may refrain from subscribing [...]
FPO Analysis - NMDC - Invest below Rs 300
NMDC plans to offer for sale 33.2 crore shares of face value of Re 1 in it’s FPO, at a price band to be announced on 9th March 2010. This represents 8.38 per cent of the outstanding shares of the company. NMDC FPO is open from 10th March to 12th March.
You should consider bidding in [...]
IPO Analysis - Invest in DQ Entertainment (International)
DQ Entertainment IPO is open from March 8-10. SBI Capital Markets is the book-running lead manager to the issue. DQ Entertainment is offering over 16 million shares through it’s IPO to raise Rs 128 crore. It plans to utilise the proceeds towards investment in co-production agreements (Rs 55 crore) and development of office infrastructure at an [...]
What is French auction method adopted by NTPC FPO?
For the first time in the country, the French auction route was adopted for NTPC FPO. Soon after the sober closing of the issue everyone came out in the open lashing this approach. To analyse the limitations of this route we first have to understand what it is all about. Under the French auction method, [...]
Invest in REC FPO
Investors can subscribe to the follow-on offer from Rural Electrification Corporation (REC), as the valuation at which the offer is made is reasonable in the light of the strong earnings visibility and growth expectations. REC, which specializes in financing power projects, is witnessing a huge and sustainable demand for funds, which would drive loan book [...]
NTPC FPO Price Set at Rs 201 / share
NTPC said today it has fixed the base price at Rs 201 a share for its follow-on-public offer, which opens on Wednesday. At the floor price, the government would mop up Rs 8,286 crore (Rs 82.86 billion) from the market. It has also approved offering a Rs 10 per share discount to employees subscribing shares [...]
Vascon Engineers IPO Valuation
Strengths
Strong and diverse EPC order backlog of Rs 3227.08 crore spread over 70 projects/ contracts as of December 31, 2009. Of the total order backlog, about 37.6% (or Rs 1214.74 crore in 47 projects) are third party contracts and the balance 62.4% are captive contracts from the realty business, amounting to Rs 2012.34 crore, spread [...]
