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Wednesday, November 29, 2017

The price band for the upcoming IPO of Shalby Limited is fixed at Rs.245/- to Rs.248/- per equity share with minimum bid lot of 60 equity shares and in multiples thereof. Thus, the minimum order value or minimum investment amount would be Rs.14,880/-

Shalby Limited is Ahmedabad, Gujrat based one of the leading multi-specialty chain of hospitals in India. Company provides inpatient and outpatient healthcare services through 8 fully operational hospitals with an aggregate operational bed count of 781 beds. Company also provides outpatient consultative healthcare services through 3 hospitals and 68 Outpatient Clinics. Company has 8 shared surgery centers within third party hospitals.

Shalby hospitals are well known for its orthopaedic services. Shalby Hospital had a 15% market share of all joint replacement surgeries conducted by private corporate hospitals in India in 2016. Apart from a focus on orthopaedics, Shalby hospitals provide advanced levels of care across various specialties such as neurology, cardiac care, critical care, oncology, and nephrology

Monday, November 27, 2017

Shalby Limited IPO Details
Issue Opens – 5 December 2017
Issue Closes – 7 December 2017
Price Band - ₹245 to ₹248
Bid Lot – 60 shares
Application Amount – ₹14880

Wednesday, November 22, 2017

Bharat 22 ETF Allotment will be done on Friday, 24th Nov 2017

Stay tuned to Indian IPO Blog for latest updates on Bharat 22 ETF

Bharat 22 ETF Portfolio composition

ITC = 15.20%
State Bank of India = 8.60%
Power Grid = 7.90%
Axis Bank = 7.70%
NTPC = 6.70%
ONGC = 5.30%
Indian Oil Corp. = 4.40%
Bharat Petroleum = 4.40%
NALCO = 4.40%
Coal India = 3.30%
Bharat Electronics = 3.30%
Engineers India = 1.50%
Bank of Baroda = 1.40%
REC = 1.30%
NHPC = 1.20%
Power Finance = 1%
NBCC = 0.60%
NLC India = 0.30%
Indian Bank = 0.20%
SJVN = 0.20%

Wipro offer letter

20.21. Procedure to be followed by Equity Shareholders holding Equity Shares in the dematerialised form

20.21.1. Eligible Shareholders who desire to tender their Equity Shares in the electronic form
under Buyback would have to do so through their respective Stock Broker by indicating to
their Stock Broker the details of Equity Shares they intend to tender under the Buyback.

20.21.2. The Stock Broker would be required to place an order/ bid on behalf of the Eligible Shareholders who wish to tender Equity Shares in the Buyback using the acquisition window of the Stock Exchanges. Before placing the bid, the Eligible Shareholder would be required to transfer the tendered Equity Shares to the special account of the Indian Clearing Corporation Limited or the National Securities Clearing Corporation Limited, as applicable, by using the early pay in mechanism of the Depository prior to placing the order/ bid on the platform of the Stock Exchanges by the Stock Broker.

For further details,
Eligible Shareholders may refer to the circulars issued by the Stock Exchange/ Clearing Corporation.

20.21.3. The details of the settlement number of the special account of the Clearing Corporation under which the Equity Shares are to be transferred in the account of Clearing Corporation for the Buyback will be provided in a separate circular to be issued by the Clearing Corporation.

20.21.4. For custodian participant orders for demat Equity Shares early pay-in is mandatory prior to confirmation of order/bid by custodian. The custodian shall either confirm or reject the orders not later than the closing of trading hours (i.e., 3:30 p.m.) on the last day of the
Tendering Period (i.e., the Buyback Closing Date). Thereafter, all unconfirmed orders shall be deemed to be rejected.

For all confirmed custodian participant orders, order modification shall revoke the custodian confirmation and the revised order shall be sent to the custodian again for confirmation.

20.21.5. Upon placing the bid, the Stock Broker shall provide a TRS generated by the exchange bidding system to the Eligible Shareholder. TRS will contain the details of order submitted like bid ID number, application number, DP ID, client ID, number of Equity Shares
tendered, etc.

20.21.6. Eligible Shareholders shall also provide all relevant documents, which are necessary to ensure transferability of the Equity Shares in respect of the Tender Form to be sent. Such documents may include (but not be limited to):

20.21.6.1 Duly attested power of attorney, if any person other than the Eligible Shareholder has signed the Tender Form;

20.21.6.2 Duly attested death certificate and succession certificate/ legal heirship certificate, in case any Eligible Shareholder has expired; and

20.21.6.3 In case of companies, the necessary certified corporate authorizations (including board
and/or general meeting resolutions).

20.21.7. IN CASE OF DEMAT EQUITY SHARES, SUBMISSION OF TENDER FORM AND TRS IS NOT REQUIRED. After the receipt of the demat Equity Shares by the Clearing Corporation and a valid bid in the exchange bidding system, the Eligible Shareholders holding Equity Shares in demat form have successfully tendered the Equity Shares in the Buyback.

20.21.8. The cumulative quantity tendered shall be made available on the website of the Stock Exchanges throughout the trading sessions and will be updated at specific intervals during the Tendering Period.

20.21.9. The Eligible Shareholders will have to ensure that they keep the DP account active and unblocked to receive credit in case of return of Equity Shares due to rejection or due to prorated Buyback decided by the Company.

Further, Eligible Shareholders will have to
ensure that they keep the savings bank account attached with the DP account active and updated to receive credit remittance due to Acceptance of Buyback of shares by the company

Tuesday, November 21, 2017

Bharat 22 details:

Allotment price expected : Around Rs. 35.95

Allotment Date : 24th Nov (Expected)

Listing : 29th Nov.(Expected)

Shares prices of HDFC Standard Life have zoomed nearly 50% from its IPO price in just three days of listing on the stock market. HDFC Standard Life Insurance Company had raised about Rs 8,700 crore from its public offer

The stock of HDFC Life had jumped 44.44% to the record high of Rs 418.9 from the issue price of Rs 290 after opening little higher at Rs 356.4 on NSE today. On the first day of trading, followed by massive listing gains and a very high demand for HDFC Standard Life shares, the scrip emerged as the volume topper on both BSE and NSE. The stock was trading up 29.05% at Rs 384.4 on NSE today.

Wednesday, November 15, 2017

HDFC Standard Life IPO Allotment Status is declared and can be checked using the link given here

HDFC Standard Life Insurance Co. Ltd. IPO basis of allotment has been approved by Exchanges. The allotment status is expected to be declared soon

Check back here for more on HDFC Standard Life IPO Allotment status

HDFC Standard Life IPO Final Subscription:

Retail: 0.8169x
HNI: 1.8731x

Listing Date:  Friday 17-Nov-2017 (Subject to exchange approval)

Wednesday, November 8, 2017

QIB: 3.69 times
HNI: 0.50 times
Retail: 0.36 times
Employees: 0.77 times
Shareholders: 0.15 times
Overall: 1.17 times

Log on to http://indianipoblog.blogspot.in for more

Tuesday, November 7, 2017

QIB: 1.40 times
HNI: 0.22 times
Retail: 0.14 times
Employees: 0.44 times
Shareholders: 0.07 times
Overall: 0.46 times

Thursday, November 2, 2017

Reliance Nippon IPO Allotment status is declared and can checked using the link given below :

Click here to check allotment status now!

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