ipo
Tarapur Transformers IPO Analysis and Recommendation – Avoid
Investors can refrain from subscribing to the initial public offer of Tarapur Transformers which manufactures and refurbishes power and distribution transformers. Steep asking price, relatively late entry into the manufacture of power transformers and the highly competitive scenario in the lower range transformer market are factors that do not lend themselves well for an investment [...]
Nitesh Estates IPO Analysis and Recommendation
IPO – Nitesh Estates
Recommendation – Invest with limited exposure
Issue Opens On: 23-Apr-10
Issue Opens On: 27-Apr-10
Number Of shares (cr.) – 7.24- 7.50 Cr. equity
Price Band (Rs) – Rs 54-56
Lead managers – ICICI Securities, Kotak Investment Banking, JM Financials
Nitesh Estates (NEL), a real estate player with a focus in IT hub of India (Bengaluru), is tapping the [...]
Shree Ganesh Jewellery House IPO listing on 9 April 2010
Shares of the Kolkata-based Shree Ganesh Jewellery House, an exporter of handcrafted gold jewellery, will be listed on the bourses on Friday, 9 April 2010. The company had priced the initial public offer at Rs 260, at the lower end of price band of Rs 260-270 per share.
The initial public offer of jewellery exporter [...]
SEBI cuts IPO listing time to 12 days from 22 days
The Securities and Exchange Board of India (SEBI) proposed to reduce the time between the close of a public issue and the company’s listing to 12 days from up to 22 days. The new rule will be applicable to public issues opening on or after 1 May, 2010, the stock market regulator said.
IntraSoft Technologies IPO Subscription
The initial public offer of IntraSoft Technologies was subscribed 1.25 times on the second day of the issue today, 25 March 2010, NSE data showed. The issue received bids for 42.50 lakh shares compared with 37 lakh shares on offer. Read IntraSoft Technologies IPO Subscription analysis here.
The price band for the IPO is Rs 137 [...]
Goenka Diamond & Jewels IPO Subscription
The initial public offer (IPO) of Goenka Diamond & Jewels was subscribed 1.17 times on the second day of the issue today, 25 March 2010, NSE data showed. The issue received bids for 1.17 crore shares compared with 1 crore shares on offer. Read Goenka Diamond & Jewels IPO analysis here.
The price band for the [...]
Shree Ganesh Jewellery House IPO Subscription
The initial public offer of jewellery exporter Shree Ganesh Jewellery House closed with 1.96 times subscription on 23 March 2010. The issue received bids for 2.30 crore shares compared with 1.17 crore shares on offer.
See the Shree Ganesh Jewellery House IPO analysis here.
The qualified institutional buyers (QIBs) category was subscribed 1.38 times, the non institutional [...]
