March 2007 - Indian IPO Blog

Indian IPO Blog

Insights into investing world in India

Friday, March 30, 2007

Advanta India Ltd. IPO oversubscribed 3.98 times

March 30, 2007 0
Advanta India Ltd. IPO oversubscribed 3.98 times
Advanta India Ltd. IPO has been finally oversubscribed 3.98 times.

Advanta India Ltd. IPO Over-subscription details:
QIBs: 6.47 times
Non-Institutional Investors: 0.20 times
Retail: 0.26 times
Overall: 3.98 times

Daily IPO Tracker: 30-03-2007

March 30, 2007 0
Daily IPO Tracker: 30-03-2007
Last 5 IPOs Issue Price Current Price Gain / Loss Percent
(Rs.) (Rs.) (Rs.)
Astral Polytechnik Ltd. 115.00 82.65 -32.35 -28.13%
AMD Metplast Ltd. 75.00 71.40 -3.60 -4.80%
Lawreshwar Polymers Ltd. 16.00 11.60 -4.40 -27.50%
Jagjanani Textiles Ltd. 25.00 23.15 -1.85 -7.40%
Abhisekh Mills Ltd. 100.00 61.20 -38.80 -38.80%

Thursday, March 29, 2007

Advanta India Ltd. IPO Bidding status as on March 29, 2007

March 29, 2007 0
Advanta India Ltd. IPO Bidding status as on March 29, 2007

Daily IPO Tracker: 29-03-2007

March 29, 2007 0
Daily IPO Tracker: 29-03-2007
Last 5 IPOs Issue Price Current Price Gain / Loss Percent
(Rs.) (Rs.) (Rs.)
Astral Polytechnik Ltd. 115.00 78.55 -36.45 -31.70%
AMD Metplast Ltd. 75.00 71.40 -3.60 -4.80%
Lawreshwar Polymers Ltd. 16.00 11.25 -4.75 -29.69%
Jagjanani Textiles Ltd. 25.00 24.05 -0.95 -3.80%
Abhisekh Mills Ltd. 100.00 62.00 -38.00 -38.00%

Wednesday, March 28, 2007

Advanta India Ltd. IPO Bidding status as on March 28, 2007

March 28, 2007 0
Advanta India Ltd. IPO Bidding status as on March 28, 2007

Daily IPO Tracker: 28-03-2007

March 28, 2007 0
Daily IPO Tracker: 28-03-2007
Last 5 IPOs Issue Price Current Price Gain / Loss Percent

(Rs.) (Rs.) (Rs.)





Astral Polytechnik Ltd. 115.00 80.70 -34.30 -29.83%
AMD Metplast Ltd. 75.00 69.85 -5.15 -6.87%
Lawreshwar Polymers Ltd. 16.00 10.70 -5.30 -33.13%
Jagjanani Textiles Ltd. 25.00 23.70 -1.30 -5.20%
Abhisekh Mills Ltd. 100.00 62.40 -37.60 -37.60%

Monday, March 26, 2007

Daily IPO Tracker: 26-03-2007

March 26, 2007 0
Daily IPO Tracker: 26-03-2007
Last 5 IPOs Issue Price Current Price Gain / Loss Percent
(Rs.) (Rs.) (Rs.)
Astral Polytechnik Ltd. 115.00 85.15 -29.85 -25.96%
AMD Metplast Ltd. 75.00 75.55 0.55 0.73%
Lawreshwar Polymers Ltd. 16.00 11.85 -4.15 -25.94%
Jagjanani Textiles Ltd. 25.00 23.55 -1.45 -5.80%
Abhisekh Mills Ltd. 100.00 68.35 -31.65 -31.65%

Advanta Ltd. IPO opens today

March 26, 2007 0
Advanta Ltd. IPO opens today
Advanta India Ltd. IPO details:

Issue opens on: Monday, March 27, 2007
Issue closes on: Friday, March 30, 2007
Issue type: 100% Book Building Issue
Issue size: 33.8 Lakh Equity Shares having Face value of Rs. 10/- Each
Price band: Rs.600/- to Rs.650/- per share
Bid lot: 10 shares
Listing on: BSE, NSE
Registrar: Sharepro Services Pvt Ltd


About Advanta India Ltd:

Advanta India Limited is the leading international agronomic seed company based in Bangalore India. Advanta India Limited is 100% owned by United Phosphorus Ltd (UPL) a large Indian agro-chemical company with a group turnover of Rs. 2000 Crores.

It was originally established as ITC Zeneca Ltd. with the prime objective of conducting research, development, production and marketing of superior high yielding hybrid seeds of crops of national importance. Due to restructuring of promoters/shareholder businesses ITC Zeneca has changed its name to Advanta India Ltd from October 1st, 1998

Advanta also operates in Australia, Thailand and Argentina.

Sunday, March 25, 2007

Ammana Bio Pharma Ltd. IPO opens on March 28, 2007

March 25, 2007 0
Ammana Bio Pharma Ltd. IPO opens on March 28, 2007
Ammana Bio Pharma Ltd. IPO Details:
Issue opens on: Tuesday, March 27, 2007
Issue closes on: Wednesday, April 4, 2007
Issue type: 100% Book Building Issue
Issue Size: 2166.02 Lakh Equity Shares
Price Band: Rs.12/- to Rs.14/- per share
Listing on: BSE, NSE
Registrar: Bigshare Services Pvt Ltd

Friday, March 23, 2007

Orbit Corporation Limited IPO Oversubscription figures

March 23, 2007 0
Orbit Corporation Limited IPO Oversubscription figures
Orbit Corporation Ltd. IPO has been oversubscribed 3.85 times

Orbit Corporation Ltd. IPO Oversubscription details:
QIBs: 5.70 times
Non Institutional Investors: 4.60 times
Retail: 0.89 times
Overall: 3.85 times

ICRA Ltd. IPO Oversubscribed 75.04 times

March 23, 2007 0
ICRA Ltd. IPO Oversubscribed 75.04 times
ICRA IPO has been finally oversubscribed by a massive 75.04 times, the details are as under:

ICRA IPO Oversubscription details:
QIBs: 90.65 times
Non-Institutional Investors: 72.12 times
Retail: 53.99 times
Overall: 75.04 times

Thursday, March 22, 2007

ICRA IPO Bidding status as on March 22, 2007

March 22, 2007 0
ICRA IPO Bidding status as on March 22, 2007
ICRA IPO has been subscribed 6.32 times till the second last day of the offer.
The offer is open till Friday, March 23, 2007.

ICRA IPO Subscription figures (as on Thurday, March 22, 2007, 1700 hrs):
QIBs: 9.56 times
Non-Institutional Investors: 2.19 times
Retail: 3.46 times
Overall: 6.32 times

Wednesday, March 21, 2007

ICRA Ltd. IPO Bidding status as on 21st March 2007

March 21, 2007 0
ICRA Ltd. IPO Bidding status as on 21st March 2007
ICRA Ltd. IPO was subscribed 1.3 times till 21st March, 2007, 1700 hrs

ICRA Ltd. IPO Bidding status (as on Wednesday, March 21, 2007):
QIBs: 1.94 times
Non-Institutional Investors: 0.04 times
Retail: 0.94 times
Overall: 1.30 times

Tuesday, March 20, 2007

CARE assigns IPO Grade 1 to Orbit Corporation Ltd.

March 20, 2007 0
CARE assigns IPO Grade 1 to Orbit Corporation Ltd.
Credit Analysis & Research Ltd. (CARE), a credit rating, information and advisory services company promoted by Industrial Development Bank of India (IDBI), Canara Bank, Unit Trust of India (UTI) and other leading banks and financial services companies has assigned IPO Grade 1 to Orbit Corporation Ltd. IPO.

CARE assigns grades to IPOs on a scale of 1 to 5 grades whereby Grade 1 indicates poor fundamentals with IPO Grade 5 indicating strong fundamentals

Orbit Corporation Ltd. IPO is offered in a price band of Rs.108/- to Rs.117/- per share with a bidding lot of 50 shares. The issue is open from Tuesday, March 20, 2007 to Friday, March 23, 2007.

CARE's ratings are recognised by the Government of India and all regulatory authorities including the Reserve Bank of India (RBI), and the Securities and Exchange Board of India (SEBI). CARE has been granted registration by SEBI under the Securities & Exchange Board of India (Credit Rating Agencies) Regulations,1999.

ICRA Ltd. IPO subscribed 0.41 times on the first day

March 20, 2007 0
ICRA Ltd. IPO subscribed 0.41 times on the first day
ICRA Ltd. IPO has been subscribed 0.41 times on the first day
ICRA Limited is one of the leading credit rating agency in India.
The price band is Rs.275/- to Rs.330/- per share with a bid lot of 20 shares and the issue is open from Tuesday, March 20, 2007 to Friday, March 23, 2007

ICRA Ltd. Bidding Status (as on March 20, 2007):
QIBs: 0.77 times
Retail: 0.06 times
Overall: 0.41 times

Gremach Infrastructure Equipments & Projects Ltd. IPO Oversubscription figures

March 20, 2007 0
Gremach Infrastructure Equipments & Projects Ltd. IPO Oversubscription figures
Gremach Infrastructure Equipments & Projects Ltd. IPO has been oversubscribed 1.13 times

Earlier, the closing date of the IPO was extended to March 19, 2007 instead of March 14, 2007 as well as there was a revision in price band from Rs.75/- to Rs.90/- per share to Rs.72/- to Rs. 86/- per share

Gremach Infrastructure Equipments & Projects Ltd. IPO Oversubscription Details:
QIBs: 0.34 times
Non-Institutional Investors: 6.31 times
Retail: 0.38 times
Employees: 0.03 times
Overall: 1.13 times

Saturday, March 17, 2007

AMD Metplast Ltd. to list on Monday, March 19, 2007

March 17, 2007 0
AMD Metplast Ltd. to list on Monday, March 19, 2007
The equity shares of AMD Metplast Ltd. will be listed on both the exchanges on Monday, March 19, 2007. The details are as under:

AMD Metplast Ltd. Details:
ISIN: INE005I01014
Issue Price: Rs.75/- per share
BSE Script Code: 532828
NSE Symbol: AMDMET

Jagjanani Textiles IPO Listing date

March 17, 2007 0
Jagjanani Textiles IPO Listing date
Jagjanani Textiles Ltd. is going to be listed on both NSE as well as BSE on Monday, March 19, 2007. The issue price was fixed at Rs.25/- per share

Jagjanani Textiles Ltd. Details:
ISIN: INE702H01018
Issue Price: Rs.25/- per share
BSE Script Code: 532825
NSE Symbol: JAGJANANI

Abhisekh Mills to list on Monday, March 19, 2007

March 17, 2007 0
Abhisekh Mills to list on Monday, March 19, 2007
The equity shares of Abhisekh Mills Ltd. IPO are going to be listed on both NSE as well as BSE on Monday, March 19, 2007.

The issue price was Rs.100/- per share and the issue was oversubscribed 1.26 times

Abhisekh Mills IPO Details:
ISIN: INE004I01017
Issue Price: Rs.100/- per share
BSE Script Code: 532831
NSE Symbol: AML


Abhisekh Mills IPO Over-subscription details:
QIBs: 1.16 times
Non Institutional Investors: 3.85 times
Retail: 0.31 times
Employees: 1 time
Overall: 1.26 times

Friday, March 16, 2007

Raj TV lists at 12.45% discount

March 16, 2007 0
Raj TV lists at 12.45% discount
Raj Television Network has listed with a price which is at a discount of 12.45% of issue price of Rs.257/-

On NSE, it ended at Rs.218.5 and on BSE at Rs.225.95

Earlier the issue was oversubscribed 3.04 times

Thursday, March 15, 2007

Astral Poly technik IPO allotment status

March 15, 2007 0
Astral Poly technik IPO allotment status

AMD Metaplast IPO allotment status

March 15, 2007 0
AMD Metaplast IPO allotment status
AMD Metaplast Ltd IPO allotment status is out now.
Click here to check now

Earlier the issue was closed on February 23 2007 and was oversubscribed 5.32 times

AMD Metaplast Ltd. IPO Oversubscription Details:
QIBs: 1.33 times
Non Institutional Investors: 14.47 times
Retail: 8.70 times
Employees: 0.89 times
Overall: 5.32 times

Page Industries IPO to list on March 16, 2007

March 15, 2007 0
Page Industries IPO to list on March 16, 2007
The listing date of Page Industries IPO is announced. It will be listed on both NSE as well as BSE on Friday, March 16, 2007

Page Industries IPO Details:
ISIN: INE761H01022
Issue Price: Rs.360/- per share
BSE Script Code: 532827
NSE Symbol: PAGEIND

Astral Polytechnik to list on March 20, 2007

March 15, 2007 0
Astral Polytechnik to list on March 20, 2007

Wednesday, March 14, 2007

Gremach Infrastructure Equipments extends its IPO date and revises price band

March 14, 2007 0
Gremach Infrastructure Equipments extends its IPO date and revises price band
Gremach Infrastructure Equipments and Projects Ltd. has extended its closing date from March 14, 2007 to March 19, 2007 and also revised its price band to Rs.72/- to Rs.86/- per equity share.

The issue was just subscribed 0.37 times (till 5 pm at March 14) as per NSE website.

Raj Television Network Ltd. to list on 16th March 2007

March 14, 2007 0
Raj Television Network Ltd. to list on 16th March 2007
The listing date of Raj Television Network Ltd. IPO is fixed at Friday, March 16, 2007.

Earlier the issue was oversubscribed 3.04 times

Raj Television Network Ltd details:
ISIN: INE952H01019
BSE Script Code: 532826
NSE Symbol: RAJTV
Issue Price: Rs.257/- per share

Raj Television Network Ltd IPO Oversubscription details:

QIBs: 0.39 times
Non-Institutional Bidders: 4.01 times
Retail: 6.92 times
Employees: 1.28 times
Overall: 3.04 times

Monday, March 12, 2007

Current IPOs in March 2007

March 12, 2007
Current IPOs in March 2007
Advanta India Ltd. IPO
IPO Opens on : 26-3-2007
IPO Closes on: 30-3-2007
Price Band : Rs.600/- to Rs.650/-
Bid Lot: 10 shares
Registrar: Sharepro Services Pvt. Ltd.



Ammana Bio Pharma Ltd. IPO
IPO Opens on : 28-3-2007
IPO Closes on: 4-4-2007
Price Band : Rs.12/- to Rs.14/-
Registrar: Bigshare Services Pvt. Ltd.



Orbit Corporation Ltd. IPO
IPO Opens on : 20-3-2007
IPO Closes on: 23-3-2007
Price Band : Rs.108/- to Rs.171/-
Registrar: Intime Spectrum Registry Ltd


Gremach Infrastructure Equipments IPO
IPO Opens on : 8-3-2007
IPO Closes on: 19-3-2007
Bid Lot : 70 Shares
Price Band : Rs.72/- to Rs.86/-
Registrar: Intime Spectrum Registry Ltd


Vimal Oil and Foods Ltd. IPO
IPO Opens on : 14-3-2007
IPO Closes on: 23-3-2007
Price : Rs.30/- per share (FIXED PRICE ISSUE)
Registrar:
Intime Spectrum Registry Ltd


ICRA IPO

IPO Opens on : 20-3-2007
IPO Closes on: 23-3-2007
Bid Lot: 20 shares
Price Band : Rs.275/- to Rs.330/- per share
Registrar:
Intime Spectrum Registry Ltd

ICRA IPO opens on March 20, 2007

March 12, 2007 0
ICRA IPO opens on March 20, 2007
ICRA, a leading provider of investment information and credit rating services in India, is entering capital market with a public issue of 2,581,100 equity shares of Rs. 10/- each.

The price band for the issue has been fixed between Rs 275 to Rs 330 per equity share.
The issue opens on Tuesday, March 20, 2007, and closes on Friday, March 23, 2007

Saturday, March 10, 2007

Raj TV IPO Allotment Status

March 10, 2007 0
Raj TV IPO Allotment Status
Allotment for Raj Television Ltd. IPO is declared and can be checked by clicking here

The issue was closed on Wednesday, February 23, 2007 and was overall oversubscribed 3.04 times.

Raj Television Network Ltd IPO Oversubscription details:
QIBs: 0.39 times
Non-Institutional Bidders: 4.01 times
Retail: 6.92 times
Employees: 1.28 times
Overall: 3.04 times

Thursday, March 8, 2007

Mudra Lifestyle to list on March 9, 2007

March 08, 2007 0
Mudra Lifestyle to list on March 9, 2007
The equity shares of Mudra Lifestyle Ltd. will be listed both on NSE and BSE on Friday, March 9, 2007. The issue was closed on 14th February 2007 and was oversubscribed about 4.6 times

Mudra Lifestyle Ltd. Details:
ISIN: INE311H01018
Issue Price: Rs.90/- per share
BSE Script Code: 532820
NSE Symbol: MUDRA

Idea Cellular Limited IPO to be listed on 9-3-2007

March 08, 2007 0
Idea Cellular Limited IPO to be listed on 9-3-2007
Idea Cellular Ltd. will list on NSE and BSE on Friday, March 9th, 2007. The issue price is fixed at Rs.75/- per share. Further details are given below:

Idea Cellular Ltd. Details:
ISIN: INE669E01016
Issue Price: Rs.75/- per share
BSE Script Code: 532822
NSE Symbol: IDEA

Tuesday, March 6, 2007

Mudra Lifestyle Ltd. IPO Allotment Status

March 06, 2007 2
Mudra Lifestyle Ltd. IPO Allotment Status
Mudra Lifestyle Limited IPO Allotment Status is now available
Click here to view status now

Earlier, the issue, which was closed on 14th February 2007 was oversubscribed about 4.6 times

Mudra Lifestyle Ltd. IPO Over-subscription details:
QIBs: 7.01 times
Non-Institutional Investors: 1.32 times
Retail: 3.15 times
Employees: 0.45 times
Overall: 4.59 times

Listing date of Mindtree Consulting Ltd.

March 06, 2007 0
Listing date of Mindtree Consulting Ltd.
The equity shares of Mindtree Consulting Limited will be listed on NSE on Wednesday, March 7, 2007. More info is given below:

ISIN: INE018I01017
Issue Price: Rs.425/- per share
NSE Symbol: MINDTREE

The issue was oversubscribed 103.28 times

Mindtree Consulting IPO Over-subscription details:
QIBs: 156.98 times
Non-Institutional Bidders: 134.96 times
Retail: 30.05 times
Employees: 2.79 times
Business Associates: 0.13 times
Overall: 103.28 times

Evinix Accessories Limited IPO listing date

March 06, 2007 0
Evinix Accessories Limited IPO listing date
The equity shares of Evinix Accessories Limited will be listed on both NSE and BSE on Wednesday, March 7, 2007. More info is given below:

ISIN: INE961H01010
Issue Price: Rs.120/- per share
BSE Script Code: 532818
NSE Symbol: EVINIX

Earlier the issue was oversubscribed 3.7 times

Evinix Accessories Ltd. IPO Oversubscription Details:
QIBs: 1.3 times
Non-Institutional Investors: 14.56 times
Retail: 2.47 times
Overall: 3.7 times

Oriental Trimex Limited IPO listing date

March 06, 2007 0
Oriental Trimex Limited IPO listing date
The equity shares of Oriental Trimex Ltd. will be listed on both NSE and BSE on Wednesday, March 7, 2007. More info is given below:

ISIN: INE998H01012
Issue Price: Rs.48/- per share
BSE Script Code: 532817
NSE Symbol: ORIENTAL

Earlier the issue was oversubscribed 1.05 times

Oriental Trimex Ltd. IPO Oversubscription Details:
QIBs: 0.32 times
Non-Institutional Investors: 1.74 times
Retail: 1.79 times
Overall: 1.05 times

Broadcast Initiatives Limited IPO listing date

March 06, 2007 0
Broadcast Initiatives Limited IPO listing date
The equity shares of Broadcast Initiatives Limited will be listed on both BSE as well as NSE on Wednesday, March 07, 2007.

Earlier, the issue price was fixed at Rs.120/- per equity share and the issue was oversubscribed 2.76 times.

Broadcast Initiatives Ltd. IPO Oversubscription Details:
QIBs: 1.61 times
Non-Institutional Investors: 6.45 times
Retail: 2.89 times
Employees: 0.63 times
Overall: 2.76 times

Idea Cellular IPO Allotment Status

March 06, 2007 0
Idea Cellular IPO Allotment Status

Saturday, March 3, 2007

Glory Polyfilms to enter capital market

March 03, 2007 0
Glory Polyfilms to enter capital market
Glory Polyfilms, a packaging industry operating since last 8 years is set to enter the capital market with a public issue of 82,20,000 Equity Shares of Rs.10 each

The price band is Rs.45/- to Rs.52/- per equity share.

The equity shares are proposed to be listed on both BSE and NSE

Abhishek Mills IPO Oversubscription figures

March 03, 2007 0
Abhishek Mills IPO Oversubscription figures
Abhishek Mills IPO is finally oversubscribed 1.26 times, the bidding details are as under:

Abhisekh Mills IPO Over-subscription details:
QIBs: 1.16 times
Non Institutional Investors: 3.85 times
Retail: 0.31 times
Employees: 1 time
Overall: 1.26 times

Thursday, March 1, 2007

Indus Fila Limited IPO allotment status

March 01, 2007 0
Indus Fila Limited IPO allotment status

Mindtree Consulting IPO Allotment Status

March 01, 2007 0
Mindtree Consulting IPO Allotment Status
Mindtree Consulting IPO Allotment Status is declared.
Click here to check Mindtree Consulting IPO Allotment Status now

The issue was oversubscribed 103.28 times

Mindtree Consulting IPO Over-subscription details:
QIBs: 156.98 times
Non-Institutional Bidders: 134.96 times
Retail: 30.05 times
Employees: 2.79 times
Business Associates: 0.13 times
Overall: 103.28 times

Indian Bank lists on BSE and NSE

March 01, 2007 0
Indian Bank lists on BSE and NSE

Neogen Chemicals IPO subscription status on Day 2

QIB: 0.95x HNI: 1.12x Retail: 3.14x Overall: 2.08 times