November 2009 - Indian IPO Blog

Indian IPO Blog

Insights into investing world in India

Monday, November 30, 2009

MBL Infra IPO subscribed 0.46 times till Day 2

November 30, 2009 0
MBL Infra IPO subscribed 0.46 times till Day 2
MBL Infrastructure IPO has been subscribed 0.46 times till the second day. The IPO was subscribed 95% in the HNI Category. The category-wise details of MBL Infra IPO on Day 2 is as under:

MBL Infrastructure IPO Bidding Status as on Day 2, i.e. Monday, November 30, 2009 1700 hrs:
QIB: 0.68 times
Non-Institutional Investors: 0.95 times
Retail: 0.05 times
Employees: 0.11 times
Overall: 0.46 times

Saturday, November 28, 2009

Cox and Kings IPO Issue Price Fixed at the cap price of the Price Band

November 28, 2009 0
Cox and Kings IPO Issue Price Fixed at the cap price of the Price Band
The issue price of the recent IPO of Cox and Kings (India) Ltd. is fixed at Rs.330/- per equity share. The issue price so fixed is at the upper end or the cap price of the price band of Rs.316/- to Rs.330/- per equity share.

Cox and Kings (India) Ltd. IPO closed for subscription on November 20, 2009 was subscribed 6.31 times with Retail Category getting subscribed 0.98 times

Stay tuned for Allotment Status, Basis of Allotment, Listing Info and more on Cox and Kings (India) IPO!

Friday, November 27, 2009

MBL Infra IPO Subscription Status on first day

November 27, 2009 0
MBL Infra IPO Subscription Status on first day
MBL Infrastructure Ltd. IPO has been subscribed 11% on Day 1, with bids received mainly in Non-Institutional Investors Category which is subscribed 0.53 times. The category-wise bidding status is as under:

MBL Infrastructure IPO Bidding Status as on Day 1, i.e. Friday, November 27, 2009 1700 hrs IST:
QIB: 0.00 times
Non-Institutional Investors: 0.53 times
Retail: 0.03 times
Employees: 0.10 times
Overall: 0.11 times

MBL Infrastructure Ltd. IPO opens for subscription today

November 27, 2009 0
MBL Infrastructure Ltd. IPO opens for subscription today
MBL Infrastructures Ltd., a company engaged in road building and maintenance, is coming up with an IPO of 5,700,000 Equity Shares each having a Face Value of Rs.10/- each. The issue includes net issue to the public of 5,600,000 Equity Shares to the public and a reservation of upto 100,000 equity shares for subscription by eligible employees

The Equity Shares are offered in a price band of Rs.165/- to Rs.180/- per equity share. The bid lot for the IPO is 35 Equity Shares and in multiples thereof.

More posts on MBL Infra IPO:
> MBL Infrastructure IPO Bid Lot and Price Band
> MBL Infrastructure IPO Details
> MBL Infra IPO coming soon

Thursday, November 26, 2009

MBL Infrastructure IPO Rating | IPO Grading

November 26, 2009 0
MBL Infrastructure IPO Rating | IPO Grading
Credit Rating Agency ICRA has assigned an IPO Grade 2 to the upcoming IPO of MBL Infrastructures Ltd IPO, which opens for subscription from Friday, November 27, 2009. An IPO Grade 2 from ICRA implies that the company has below average fundamentals. ICRA assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.
(Click here to download the ICRA IPO Grade Document for MBL Infrastructure Limited IPO)


MBL Infrastructures Ltd. IPO is engaged in the construction and maintenance of roads and highways, industrial infrastructure projects and other civil engineering projects for various government bodies and other clients. The company is coming up with an IPO of IPO of 5,700,000 Equity Shares each having a Face Value of Rs.10/- each. The issue includes net issue to the public of 5,600,000 Equity Shares to the public and a reservation of upto 100,000 equity shares for subscription by eligible employees the price band of the IPO being Rs.165/- to Rs.180/- per equity share.


Stay tuned to Indian IPO Blog for latest updates on MBL Infrastructures Ltd. IPO!

Wednesday, November 25, 2009

JSW Energy IPO to open for subscription from December 7, 2009

November 25, 2009 0
JSW Energy IPO to open for subscription from December 7, 2009
The IPO of JSW Energy Ltd., opens for subscription from Monday, December 07, 2009. JSW Energy Ltd. (JSWEL) is a group company of Jindal South West (JSW) group headed by Mr.Sajjan Jindal. Other companies in JSW are JSW Steel Limited, Jindal South West Mining Limited, JSW Port, Jindal Praxair Oxygen Company Limited (JPOCL), and investment companies.

The IPO will remain open for subscription till Wednesday, December 09, 2009. The Issue Size of JSW Energy IPO is about 2700 Crs.

Check back Indian IPO Blog for Bid Lot, Price Band and more info about JSW Energy Ltd. IPO!

Updates on JSW Energy IPO:
> JSW Energy IPO gets IPO Grade 4 from CARE
> JSW Energy IPO Price Band Fixed

MBL Infrastructure IPO Bid Lot and Price Band

November 25, 2009 0
MBL Infrastructure IPO Bid Lot and Price Band
The bid lot for the upcoming IPO of MBL Infra is 35 Equity Shares and in multiples thereof. The IPO consists of 5,700,000 Equity Shares of Rs.10/- each and opens from Friday, November 27, 2009. The Equity Shares are offered in a price band of Rs.165/- to Rs.180/- per equity share.

The issue includes net issue to the public of 5,600,000 Equity Shares to the public and a reservation of upto 100,000 equity shares for subscription by eligible employees

Astec Lifesciences Ltd. to list today

November 25, 2009 0
Astec Lifesciences Ltd. to list today
The equity shares of Astec Lifesciences Limited will be listed and admitted to dealings on the Exchange in the list of B Group effective from Wednesday, November 25, 2009


Astec Lifesciences IPO Listing Details:
ISIN: INE563J01010
IPO Listing Date: Wednesday, November 25, 2009
BSE Script Code: 533138
NSE Symbol: ASTEC
Listing in: 'B' Group of Securities
Face Value: Rs.10/- per equity share
Issue Price: Rs.82/- per equity share

Tuesday, November 24, 2009

Astec LifeSciences IPO - Basis of Allotment (Summarized for Retail Category)

November 24, 2009 0
Astec LifeSciences IPO - Basis of Allotment (Summarized for Retail Category)
No. of Sh Applied
No. of Sh Allotted
Ratio


75
75
11:15
150
108
1:1
225
181
1:1
300
215
1:1
375
269
1:1
450
323
1:1
525
376
1:1
600
430
1:1
675
484
1:1
750
538
1:1
825
591
1:1
900
645
1:1
975
699
1:1
1050
753
1:1
1125
807
1:1
1200
860
1:1

The Retail Category was subscribed 1.894 times. the spill over portion from Employee category of 22,665 Equity shares of QIB category of 10,99,783, equity shares and Non-institutional Investors category of 6.51 482 equitv shares have been added to the category. The total number of shares alloted to this category is 42,03,900 (160 excess shares were allotted on this category for Rounding Off.) Equrty Shares to 6,593 successful applicants.

Den Networks opens at Issue Price

November 24, 2009 0
Den Networks opens at Issue Price

Monday, November 23, 2009

JSW Energy IPO to open for subscription soon

November 23, 2009 0
JSW Energy IPO to open for subscription soon
JSW Energy, a part of JSW group, is coming out with an Initial Public Offering (IPO), which is most likely to open for subscription in the second week of December 2009.

JSW Energy Ltd. (JSWEL) is a group company of Jindal South West (JSW) group headed by Mr.Sajjan Jindal. Other companies in JSW are JSW Steel Limited , Jindal South West Mining Limited , JSW Port , Jindal Praxair Oxygen Company Limited (JPOCL), and investment companies.

The Issue Size of JSW Energy IPO is about 2700 Crs. Check back here frequently for more precise and detailed info on JSW Energy IPO!

Den Networks IPO - Basis of Allotment (Summarized for Retail Investors)

November 23, 2009 0
Den Networks IPO - Basis of Allotment (Summarized for Retail Investors)
No. of Sh Applied
No. of Sh Allotted
Ratio


30
30
1:1
60
60
1:1
90
90
1:1
120
120
1:1
150
150
1:1
180
180
1:1
210
210
1:1
240
240
1:1
270
270
1:1
300
300
1:1
330
330
1:1
360
360
1:1
390
390
1:1
420
420
1:1
450
450
1:1
480
480
1:1
510
510
1:1

The Retail was subscribed to the extent of 0.0787 times. There were 553 applications for 76,440 Equity Shares made under ASBA process. Of these, 542 applications for 71,980 Equity Shares were found valid and they were considered for allotment. The total number of Equity Shares allotted in Retail Individual Investor category is 4,28,640 Equity Shares.

MBL Infrastructure IPO Details

November 23, 2009 0
MBL Infrastructure IPO Details
Issue Size: 5,700,000 Equity Shares of Rs.10/- each
Issue Opens on: Friday, November 27, 2009
Issue Closes on: Tuesday, December 01, 2009
Price Band: Rs.165/- to Rs.180/- per equity share
Bid Lot: 35 Equity Shares and in multiples thereof
Lead Manager: Motilal Oswal Investments Advisors Pvt. Ltd.
Registrar: Link Intime India Private Limited

Sunday, November 22, 2009

HDFC Standard Life may come up with an IPO next year

November 22, 2009 0
HDFC Standard Life may come up with an IPO next year
HDFC Standard Life Insurance Co. Ltd., a private sector insurance company in India, plans to come out with an Initial Public Offer (IPO) somewhere in the next financial year. However, the precise timing of the IPO has not been determined as yet.

HDFC Standard Life Insurance Co. Ltd. is a joint venture between Housing Development Finance Corporation Limited (HDFC Limited) - India's leading housing finance institution, and a Group Company of the Standard Life Plc, UK. The Company is one of leading private insurance companies, offering a range of individual and group insurance solutions, in India.

Stay tuned to Indian IPO Blog for more on HDFC Standard Life IPO!

Saturday, November 21, 2009

MBL Infra IPO coming soon

November 21, 2009 0
MBL Infra IPO coming soon
MBL Infrastructures Ltd., a company engaged in road building and maintenance, is coming up with an IPO of 5,700,000 Equity Shares each having a Face Value of Rs.10/- each. The issue includes net issue to the public of 5,600,000 Equity Shares to the public and a reservation of upto 100,000 equity shares for subscription by eligible employees

MBL Infra IPO is most likely to open for subscription in the last week of November, 2009. The company had filed Draft Red Herring Prospectus with SEBI on Thursday, October 1, 2009.

Stay tuned to Indian IPO Blog for detailed info on MBL Infra IPO!

Cox and Kings India IPO: Indian IPO Blog Poll Results

November 21, 2009 0
Cox and Kings India IPO: Indian IPO Blog Poll Results

Friday, November 20, 2009

Cox and Kings India IPO subscribed 6.31 times

November 20, 2009 0
Cox and Kings India IPO subscribed 6.31 times
The IPO of Cox and Kings (India) Ltd., which closed for subscription today has been subscribed 6.31 times overall, with QIB and HNI Categories subscribed about 10 times each. Cox and Kings (India) IPO consists of 18,496,640 Equity Shares of Rs.10 each, offered in a price band of Rs.316/- to Rs.330/- per equity share. Following is the detailed subscription status of Cox and Kings (India) IPO:

Cox and Kings (India) IPO Subscription Status (Final) as on Friday, November 20, 2009 1800 hrs IST:
QIB: 9.95 times
Non-Institutional Investors: 10.70 times
Retail: 0.98 times
Employees: 0.11 times
Overall: 6.31 times

Click here to view Cox and Kings (India) Ltd. IPO subscription statistics

Cox and Kings (India) IPO - Subscription Statistics (Final)

November 20, 2009 0
Cox and Kings (India) IPO - Subscription Statistics (Final)
Category
No.of shares offered / reserved
No. of shares bid for
No. of times of total meant for the category

QIB
6403840
63727080
9.9514










HNI
2744496
29359160
10.6975










Retail (RII)
6403824
6284140
0.9813










Employees
200,000
21520
0.1076










Overall




6.31
times

Den Networks IPO Listing Date Announced

November 20, 2009 0
Den Networks IPO Listing Date Announced
The equity shares of Den Networks Ltd. will be listed and admitted to the dealings of the exchanges with effect from Tuesday, November 24, 2009. Following are other listing info:

Den Networks Ltd. IPO Listing Info:
ISIN: INE947J01015
IPO Listing Date: Tuesday, November 24, 2009
BSE Script Code: 533137
NSE Symbol: DEN
Listing in: 'B' Group
Face Value: Rs.10/- Per Equity Share
Issue Price: Rs.195/- Per Equity Share


Den Networks IPO Issue Price

November 20, 2009 0
Den Networks IPO Issue Price
The issue price for the recent IPO of Den Networks Ltd. is fixed at Rs.195/- per equity share. which is at the lower end or the floor price of the price band, the price band being Rs.195/- to Rs.205/- per equity share.

Den Networks IPO was open for subscription between Wednesday, October 28, 2009 and Friday, October 30, 2009. The IPO consisted of 20,000,000 Equity Shares of Rs.10/- each

The equity shares of Den Networks Ltd. are to be listed on the exchanges with effect from Tuesday, November 24, 2009
(See Also: Den Networks IPO Listing Date Announced)

Thursday, November 19, 2009

Cox and Kings (India) IPO Bidding Status till Day 2

November 19, 2009 0
Cox and Kings (India) IPO Bidding Status till Day 2
Cox and Kings (India) IPO has been subscribed 1.39 times till its second day. The IPO has been subscribed only 17%, however, in the Retail Category. The Bidding Status details till day 2 are given below:

Cox and Kings (India) IPO Bidding Status as on Thursday, November 19, 2009 1700 hrs IST:
QIB: 1.60 times
Non-Institutional Investors: 3.85 times
Retail: 0.17 times
Employees: 0.05 times
Overall: 1.39 times

The IPO is open for subscription till tomorrow, i.e. Friday, November 20, 2009. Check back here for final subscription status and statistics of Cox and Kings (India) IPO!

Cox and Kings IPO Subscription Status updates

November 19, 2009 0
Cox and Kings IPO Subscription Status updates
Cox and Kings IPO has been subscribed fully till now on the second day of its opening. The IPO has received subscription mainly in the QIB and HNI Categories. Stay tuned for detailed subscription status as on Day 2

Earlier, Cox and Kings IPO was subscribed 0.60 times on Day 1, with QIB Category getting fully subscribed at 1.08 times on Day 1

Astec LifeSciences IPO Allotment Status

November 19, 2009 0
Astec LifeSciences IPO Allotment Status

Wednesday, November 18, 2009

Cox and Kings IPO subscribed 60% on the first day

November 18, 2009 0
Cox and Kings IPO subscribed 60% on the first day
The IPO of Cox and Kings (India) Ltd. has been subscribed 0.60 times on its opening day. The IPO was subscribed 4.91% in the Retail Category. Following is the category-wise details of subscription status on Day 1:


Cox and Kings (India) IPO Bidding Status as on Wednesday, November 18, 2009 1700 hrs IST:
QIB: 1.08 times
Non-Institutional Investors: 0.83 times
Retail: 0.05 times
Employees: 0.00 times
Overall: 0.60 times

Cox and Kings IPO Bid Lot and Price Band

November 18, 2009 0
Cox and Kings IPO Bid Lot and Price Band
The bid lot for the upcoming IPO of Cox and Kings (India) Ltd. is 20 Equity Shares and in multiples thereof. The price band for the IPO is Rs.316/- to Rs.330/- per equity share, having a Face Value of Rs.10 each.

Cox and Kings (India) IPO consists of 18,496,640 Equity Shares of Rs.10 each. Cox and Kings (India) IPO is open for subscription from Wednesday, November 18, 2009 and will remain open till Friday, November 20, 2009

Cox and Kings IPO opens for subscription

November 18, 2009 0
Cox and Kings IPO opens for subscription
The IPO of one of India’s largest tour and travel operator, Cox and Kings (India) Ltd. opens for subsription from today. The IPO consists of 18,496,640 Equity Shares, having a Face Value of Rs.10 each. The IPO will remain open till Friday, November 20, 2009

The IPO has been assigned CARE IPO Grade 4 by Credit Rating Agency CARE
(Click here for more)

Stay tuned for day to day subscription update on Cox and Kings (India) IPO!

More Posts on Cox and Kings (India) IPO:
> Cox and Kings IPO Rating
> Cox and Kings IPO may hit the markets soon

Tuesday, November 17, 2009

Cox and Kings IPO Bid Lot

November 17, 2009 2
Cox and Kings IPO Bid Lot
The bid lot for the upcoming IPO of Cox and Kings (India) Ltd. is fixed as 20 Equity Shares and in multiples thereof. The price band for the IPO is Rs.316/- to Rs.330/- per equity share, having a Face Value of Rs.10 each.

Cox and Kings (India) IPO consists of 18,496,640 Equity Shares of Rs.10 each. Cox and Kings (India) IPO is open for subscription from Wednesday, November 18, 2009 and will remain open till Friday, November 20, 2009

Monday, November 16, 2009

Den Networks IPO Allotment Status Declared

November 16, 2009 0
Den Networks IPO Allotment Status Declared
The Allotment Status for the recent IPO of Den Networks Ltd. is now available online

Click here to view your status now!

Earlier, the IPO was subscribed about one time, with subscription coming mainly in Category of Non-Institutional Investors, which is subscribed 4.12 times. The IPO had received very scarce response in the Retail Category which is subscribed only 9.63%

Everest Infra Energy to come up with an IPO soon

November 16, 2009 0
Everest Infra Energy to come up with an IPO soon
Everest Infra Energy Ltd, a company engaged in the business of erection, installation and commissioning of high tension & low tension voltage equipments along with designing and commissioning of sub-stations for various private & government bodies, may come up with an IPO soon.

The company has filed a Draft Red Herring Prospectus (DRHP) with Securities & Exchange Board of India (SEBI). The IPO would consist of 60 lakh equity shares of Rs 10 each

Stay tuned for more info on Everest Infra Energy IPO!

Sunday, November 15, 2009

Cox and Kings IPO Price Band

November 15, 2009 0
Cox and Kings IPO Price Band
The price band for the upcoming IPO of Cox and Kings (India) Ltd. is fixed at Rs.316/- to Rs.330/- per equity share, having a Face Value of Rs.10 each.

Cox and Kings (India), one of India’s largest tour and travel operator, is entering the capital markets with an IPO of 18,496,640 Equity Shares of Rs.10 each. Cox and Kings (India) IPO is open for subscription from Wednesday, November 18, 2009 and will remain open till Friday, November 20, 2009

Stay tuned for bid lot and latest subscription updates on Cox and Kings IPO!

Friday, November 13, 2009

Cox and Kings - India IPO Details

November 13, 2009 0
Cox and Kings - India IPO Details
Issue Size: 18,496,640 Equity Shares of Rs. 10/- each
Issue Opens on: Wednesday, November 18, 2009
Issue Closes on: Friday, November 20, 2009
Price Band: Rs.316/- to Rs.330/- per equity share
Bid Lot: 20 Equity Shares and in multiples thereof
Lead Manager: India Infoline Limited
Registrar: Karvy Computershare Private Limited

Cox and Kings IPO to open for subscription from Wednesday, November 18, 2009

November 13, 2009 0
Cox and Kings IPO to open for subscription from Wednesday, November 18, 2009
The IPO of one of India’s largest tour and travel operator, Cox and Kings (India) Ltd. opens for subsription from Wednesday, November 18, 2009. The IPO consists of 18,496,640 Equity Shares, having a Face Value of Rs.10 each. The IPO will remain open till Friday, November 20, 2009

The IPO has been assigned CARE IPO Grade 4 by Credit Rating Agency CARE
(Click here for more)

More Posts on Cox and Kings (India) IPO:
> Cox and Kings IPO Rating
> Cox and Kings IPO may hit the markets soon

Monday, November 9, 2009

Cox and Kings IPO Rating

November 09, 2009 1
Cox and Kings IPO Rating
Credit Rating Agency CARE has assigned CARE IPO Grade 4 to the proposed IPO of Cox and Kings (India) Ltd. CARE IPO Grade 4 indicates above average fundamentals. CARE assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.

The company had filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday, August 21, 2009. The proposed IPO of Cox and Kings(India) will consist of 18,496,640 Equity Shares, each having a Face Value of Rs.10 each

Stay tuned for more updates on Cox and Kings IPO!

More posts on Cox and Kings (India) IPO:
>
Cox and Kings IPO Price Band
>
Cox and Kings (India) IPO Details
>
Cox and Kings IPO to open for subscription from Wednesday, November 18, 2009
> Cox and Kings IPO may hit the markets soon
> All posts on Cox and Kings (India) IPO

Den Networks IPO Allotment Status

November 09, 2009 0
Den Networks IPO Allotment Status
Den Networks IPO Allotment Status is now available online

Den Networks IPO Allotment Status link is posted here

Den Networks IPO had been subscribed about one time, with subscription coming mainly in Category of Non-Institutional Investors, which is subscribed 4.12 times. The IPO had received very scarce response in the Retail Category which is subscribed only 9.63%

Sunday, November 8, 2009

Intrasoft Technologies to come up with an IPO

November 08, 2009 0
Intrasoft Technologies to come up with an IPO
Intrasoft Technologies Ltd. is planning to enter capital market through an Initial Public Offer (IPO) in the near future. Infrasoft Technologies Ltd. is the owner of 123greetings.com, a highly popular electronic greeting cards website in India. Intrasoft Technologies IPO will consist of 37,00,000 Equity Shares, each having a Face Value of Rs.10 each. The issue will constitute 25.12% of the post issue paid up capital of the company.

The Company has filed a draft red herring prospectus (DRHP) with the Securities & Exchange Board of India (SEBI) on Thursday, November 05, 2009

Wednesday, November 4, 2009

Astec LifeSciences Limited IPO finally subscribed 1.56 times

November 04, 2009 0
Astec LifeSciences Limited IPO finally subscribed 1.56 times
Astec LifeSciences Limited IPO has finally been subscribed about one and a half times. The IPO, which had opened for subscription from Thursday, October 29, 2009, consisted of 7,500,000 Equity Shares of Rs.10/- each. The Retail Category has been subscribed 2.36 times.

Astec LifeSciences IPO Bidding Status (Final) as on Wednesday, November 04, 2009 1700 hrs IST:
QIB: 0.61 times
Non-Institutional Investors: 3.00 times
Retail: 2.36 times
Employees: 0.50 times
Overall: 1.56 times

More posts on Astec LifeSciences IPO:
> Astec LifeSciences Limited IPO Subscription Statistics (Final)
>
Astec LifeSciences IPO Bidding Status update till Day 3
> Astec LifeSciences IPO Bidding Status till Day 2
> Astec LifeSciences Limited IPO Subscribed 0.27 times on Day 1
> Astec LifeSciences Limited IPO - Objects of the Issue
> Astec LifeSciences IPO Information

Astec LifeSciences Limited IPO Subscription Statistics (Final)

November 04, 2009 0
Astec LifeSciences Limited IPO Subscription Statistics (Final)
Category
No.of shares offered / reserved
No. of shares bid for
No. of times of total meant for the category

QIB
3700000
2246775
0.6072










HNI
1110000
3329700
2.9997










Retail (RII)
2590000
6106950
2.3579










Employees
100,000
50100
0.5010










Overall




1.56
times

Tuesday, November 3, 2009

Astec LifeSciences IPO Bidding Status update till Day 3

November 03, 2009 0
Astec LifeSciences IPO Bidding Status update till Day 3

Indiabulls Power IPO - Basis of Allotment

November 03, 2009 0
Indiabulls Power IPO - Basis of Allotment
(For Retail Investors)

The retail category was subscribed 0.86 times. Full and firm allotment was made to all valid applicants in this category. The total number of Equity Shares allotted in Retail Individual Bidders category is 101,039,850 Equity Shares to 112,434 applicants

Endurance Technologies OFS oversubscribed, cut off price fixed at Rs.1135

Endurance Technologies Offer for Sale was open for Non Retail category on 6-Mar-2019 and for Retail category on 7-Mar-2019 at a floor price ...