April 2007 - Indian IPO Blog

Indian IPO Blog

Insights into investing world in India

Sunday, April 29, 2007

MIC Electronics Limited IPO opens on April 30, 2007

April 29, 2007 0
MIC Electronics Limited IPO opens on April 30, 2007
MIC Electronics Limited, a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software, is entering the capital market with a public issue of 5,100,000 Equity Shares of Rs. 10 each. The details of the IPO are given below:

Issue Opens on: Monday, April 30, 2007
Issue Closes on: Tuesday, May 8, 2007
Price Band: Rs.129/- to Rs.150/- per share
Bid Lot: 45 Shares
Registrar: Intime Spectrum Registry Ltd.

Saturday, April 28, 2007

Bhagwati Banquets And Hotels Ltd IPO Oversubscription Details

April 28, 2007 0
Bhagwati Banquets And Hotels Ltd IPO Oversubscription Details
Bhagwati Banquets And Hotels Ltd IPO has been subscribed 1.83 times.


Bhagwati Banquets And Hotels Ltd IPO Subscription Details:
Retail : 3.09 times
Non Institutional Investors : 3.55 times
QIB : 0.42 times
Overall: 1.83 times


Bhagwati Banquets And Hotels Ltd IPO Number of Applications:

NSE: 16121
BSE: 2683
Total: 18804

Sunday, April 22, 2007

Bhagwati Banquets and Hotels Ltd. IPO Grading from CARE and CRISIL

April 22, 2007 0
Bhagwati Banquets and Hotels Ltd. IPO Grading from CARE and CRISIL
CARE IPO Rating for Bhagwati Banquets and Hotels Ltd.

CARE has assigned "IPO Grade 2" which indicates "Below Average Fundamentals". CARE assigns IPO Grades on a scale of "IPO Grade 1" to "IPO Grade 5", with "IPO Grade 1" indicating strong fundamentals and "IPO Grade 5" indicating poor fundamentals.



CRISIL IPO Rating for Bhagwati Banquets and Hotels Ltd.

CRISIL has assigned a CRISIL IPO grade "1/5" (pronounced "one on five") grade to the initial public offer of Bhagwati Banquets and Hotels Ltd. (BBHL). This grade indicates that the fundamentals of the issue are poor relative to other listed equity securities in India. CRISIL IPO gradings are assigned on a five-point scale from 1 to 5, with a CRISIL IPO grade 5/5 indicating strong fundamentals and a CRISIL IPO grade 1/5 indicating poor fundamentals.

Bhagwati Banquets and Hotels Ltd. IPO Bidding Status as on Friday, April 20, 2007

April 22, 2007 0
Bhagwati Banquets and Hotels Ltd. IPO Bidding Status as on Friday, April 20, 2007

Saturday, April 21, 2007

Fortis Healthcare Ltd IPO finally oversubscribed 2.78 times

April 21, 2007 0
Fortis Healthcare Ltd IPO finally oversubscribed 2.78 times
Fortis Healthcare Ltd. IPO has been finally oversubscribed 2.78 times, the issue being closed on Friday, April 20, 2007.

Fortis Healthcare Ltd. IPO Oversubscription Details:
QIBs: 2.72 times
Non-Institutional Investors: 1.74 times
Retail: 3.25 times
Overall: 2.78 times

Thursday, April 19, 2007

Fortis Healthcare Limited (FHL) IPO Bidding status as on Thursday, April 19, 2007

April 19, 2007 0
Fortis Healthcare Limited (FHL) IPO Bidding status as on Thursday, April 19, 2007

Advanta India lists at Rs.665 on NSE, ends with 33% premium

April 19, 2007 0
Advanta India lists at Rs.665 on NSE, ends with 33% premium
It has been a superb listing day for Advanta India Ltd. IPO.
It listed on Rs.665 on NSE, the issue price was Rs.640, though the spotlight was the intra-day high of Rs.1000. It ended at Rs.851.50 on NSE and Rs.850.05 on BSE

Earlier, The issue was subscribed 3.98 times.

Tuesday, April 17, 2007

Bhagwati Banquets And Hotels Ltd IPO opens on Wednesday, April 18, 2007

April 17, 2007 0
Bhagwati Banquets And Hotels Ltd IPO opens on Wednesday, April 18, 2007
Bhagwati Banquets And Hotels Ltd. is entering the capital market with an IPO of 2,30,00,000 Equity Shares. The details of IPO and Company Profile are given below:



Bhagwati Banquets And Hotels Ltd. IPO Details:


Issue opens on: Wednesday, April 18, 2007
Issue closes on: Wednesday, April 25, 2007
Price Band: Rs.36/- to Rs.40/- per share
Listing on: NSE and BSE
Registrar: Intime Spectrum Registry Ltd



About Bhagwati Banquets And Hotels Ltd:


Bhagwati Banquets And Hotels Ltd (BBHL) is in the business of banquet halls, marriage halls, party halls and plots, hotels, restaurants, catering and cafe, taveran, refreshment room, entertainments, amusements, club, bath, grounds and places of recreation, sports, picnic places and hotel related services.

It was incorporated in 1999 and is currently operating under the name "The Grand Bhagwati" in Ahmedabad, Gujarat.

Sunday, April 15, 2007

Fortis Healthcare Limited (FHL) IPO opens on Monday, April 16, 2007

April 15, 2007 0
Fortis Healthcare Limited (FHL) IPO opens on Monday, April 16, 2007
Fortis Healthcare Limited (FHL) IPO Details:

Issue opens on: Monday, April 16, 2007
Issue closes on: Friday, April 20, 2007
Price Band: Rs.92/- to Rs.110/- per share
Bid Lot: 60 shares
Registrar: Intime Spectrum Registry Ltd.

Friday, April 13, 2007

ICRA closes at record breaking levels on listing day

April 13, 2007 0
ICRA closes at record breaking levels on listing day
ICRA Ltd. has become the biggest gainer since April 2006 by closing at about 151% premium on the listing day.

The stock ended at Rs 829 on the NSE, up 151.21%, with volumes of 1,90,83,312 shares.On the BSE, it closed with 142% premium at Rs 797.60, with volumes of 1,24,26,046 shares. It hit a high of Rs 880.10 and low of Rs 525.

Earlier the issue was oversubsribed 75.04 times

Wednesday, April 11, 2007

ICRA Ltd. to list on April 13, 2007

April 11, 2007 0
ICRA Ltd. to list on April 13, 2007

Saturday, April 7, 2007

Hilton Metal Forging Limited (HMFL) IPO opens on April 18, 2007

April 07, 2007 0
Hilton Metal Forging Limited (HMFL) IPO opens on April 18, 2007
Hilton Metal Forging Limited (HMFL), a Mumbai based manufacturer and exporter of forged components is entering the capital market with an initial public offer (IPO) of 3815 Lacs Equity shares at an issue price of Rs.70 per equity share.


Hilton Metal Forging Limited (HMFL) IPO Details:

Issue opens on : Wednesday, April 18, 2007
Issue closes on : Tuesday, April 24, 2007
Issue Type : Fixed Price Issue (Initial Public Offer IPO)
Issue Price: Rs 70
Listing on: BSE, NSE
Registrar : Sharex Dynamic (India) Pvt Ltd



About Hilton Metal Forging Limited (HMFL) IPO:

Hilton Metal Forging Ltd. is a leading manufacturer and exporter of forged components for International Markets.

Incorporated in 1997, HMFL has built a solid reputation by exporting to challenging and highly competitive markets like USA, UK, Europe and Middle East due to timely deliveries of indigenously manufactured high quality products that meet all international standards.HMFL has the capacity to manufacture from size range 0.5kgs to 750kgs per piece in closed die forgings.

HMFL manufactures Pipe fittings, (Flanges, Stub ends (Seamless), Screwed Fittings, Valves and Fittings and various other components as per the customers requirement in all types of alloys for Automotive, Oil and Gas Industries.

Thursday, April 5, 2007

ICRA IPO Allotment Status declared

April 05, 2007 0
ICRA IPO Allotment Status declared

Prospectus Links of Upcoming IPOs

April 05, 2007 0
Prospectus Links of Upcoming IPOs

Wednesday, April 4, 2007

Ammana Bio Pharma IPO subscribed only 0.02 times till second last day

April 04, 2007 0
Ammana Bio Pharma IPO subscribed only 0.02 times till second last day
Ammana Bio Pharma Ltd. has been subscribed only 0.02 times till the second last day of the issue, i.e. till Wednesday, April 4, 2007, the details are as under:

QIBs: 0.00 times
Non-Institutional Investors: 0.07 times
Retail: 0.03 times
Overall: 0.02 times

Current IPO in April 2007

April 04, 2007 0
Current IPO in April 2007
Fortis Healthcare Ltd. (FHL) IPO
IPO Opens on : 16-4-2007
IPO Closes on: 20-4-2007
Price Band : Rs.92/- to Rs.110/- per share
Registrar:
Intime Spectrum Registry Ltd


Bhagwati Banquets and Hotels Ltd. IPO:
IPO Opens on : 18-4-2007
IPO Closes on: 25-4-2007
Price Band : Rs.36/- to Rs.40/- per share
Registrar:
Intime Spectrum Registry Ltd


Hilton Metal Forging Ltd. (HMFL) IPO:
IPO Opens on : 18-4-2007
IPO Closes on: 24-4-2007
Issue Price : Rs.70/- per share
Registrar: Sharex Dynamic (India) Pvt. Ltd.

Monday, April 2, 2007

Ammana Bio Pharma Ltd. IPO Bidding status as on April 02, 2007

April 02, 2007 0
Ammana Bio Pharma Ltd. IPO Bidding status as on April 02, 2007

Daily IPO Tracker: 02-04-2007

April 02, 2007 0
Daily IPO Tracker: 02-04-2007
Last 5 IPOs Issue Price Current Price Gain / Loss Percent
(Rs.) (Rs.) (Rs.)
Astral Polytechnik Ltd. 115.00 81.30 -33.70 -29.30%
AMD Metplast Ltd. 75.00 65.75 -9.25 -12.33%
Lawreshwar Polymers Ltd. 16.00 10.81 -5.19 -32.44%
Jagjanani Textiles Ltd. 25.00 21.80 -3.20 -12.80%
Abhisekh Mills Ltd. 100.00 55.90 -44.10 -44.10%

Neogen Chemicals IPO subscription status on Day 2

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