ipo
Austral Coke & Projects IPO Analysis
Promoted by Ratan Lal Tamakhuwala and Rishi Raj Agarwal, Austral Coke & Projects was originally incorporated as NRE Stocknet on 22 April 1994. It got its present name from 14 September 2005. Main activity comprises manufacturing of low ash metallurgical (LAM) coke and refractory, trading of textile and providing rental of construction/ earthmoving machineries to [...]
Birla Cotsyn IPO Listing on July 30, 2008
Birla Cotsyn will list on the July 30, 2008. The issue price has been fixed at Rs 14 per share. The issue has been subscribed by 1.11 times. Unfortunately I could not subscribe to this IPO due to volatile nature of the stock market when this issue was open. Now, it would be clear on [...]
Nu Tek India - IPO Analysis
We can certainly consider an investment in the IPO of Nu Tek India, with the given the reasonable asking price and the potential for this business. The company enables telecom companies to expand their tower infrastructure, by providing end-to-end services. Nu Tek delivers telecom infrastructure roll out services, including civil and electrical works, for wireless [...]
KSK Energy Ventures IPO Opens on 23rd June 2008
KSK Energy Ventures, a company with experience in developing and operating power plants, proposes to enter the capital markets with a public issue of 3,46,11,000 Equity shares of Rs 10 each through 100% book building process. The price band has been fixed at Rs 240 to Rs 255 per equity share of Rs 10 each. [...]
Niraj Cement IPO Listing: Share closes at issue price
Niraj Cement Structurals an engineering and construction company focusing on road construction development, closes at Rs 190.15 on the BSE which is marginally above its issue price of Rs 190. Its intraday high was at Rs 197.90 and intraday low was at Rs 169.70. The total traded quantity was 1,77,56,320 shares. The share had opened [...]
Archidply Industries IPO Analysis - Take Limited Exposure
Strengths
Enjoys various tax benefits. The Rudrapur unit has received approval for thermal energy generation from renewable biomass, making eligible for 24,659 certified emission reductions (CER) annually.
Weaknesses
Faces intense competition from unbranded products from the unorganized sector of the wood-based industry. There are many strong local brands,too. Moreover some organized players are much larger than Archidply.
Yet [...]
Sejal Architectural Glass IPO Analysis - Avoid
Strengths
The proposed plant would be eligible for 100% income tax deduction for the first five years after the commencement of the commercial production and thereafter at 30% for the next five years.
The growth in real estate sector, especially in commercial offices, residential housing and retail industry will give boost to the glass and glass products [...]
First Winner Industries IPO Analysis
Strengths
Integrating backward to manufacture Grey fabrics will help the trading division to source fabric at a reasonable prices. The proposed apparel manufacturing facility could also source the fabrics from the manufacturing facility, thus, giving an integrated structure to the operation.
Has design capability through in-house designing team as well as established relationship with various wholesale customers, [...]
Niraj Cement Structurals IPO Subscription 0.17 times only on 1st Day
Niraj Cement Structurals IPO was subscribed 0.17 times on first day of the issue. The IPO received bids for 5.52 lakh shares as against 32.5 lakh shares on offer.
The price band has been fixed at Rs 175 to Rs 190. The IPO is open for subscription from 26 May 2008 to 30 May 2008. After [...]
Triveni Infra plans IPO
Triveni Infrastructure Development Company Ltd, a real estate developer with primary focus on the NCR region, intends to tap the capital market to raise about Rs 400 crore with an initial public offering of 80 lakh equity shares of Rs 10 each for cash at a premium to be decided through a 100 per cent [...]
