May 2010 - Indian IPO Blog

Indian IPO Blog

Insights into investing world in India

Monday, May 31, 2010

Fatpipe Networks India IPO opens from Monday, June 07, 2010

May 31, 2010 0
Fatpipe Networks India IPO opens from Monday, June 07, 2010
FatPipe Networks India Ltd. is coming up with an IPO, which would open for subscription from Monday, June 07, 2010

FatPipe Networks India Ltd. is the inventor and multiple patents holder of technology that provides the highest levels of WAN optimization, reliability, security, and bandwidth management. FatPipe's line of products cover an array of features and benefits for companies that run mission critical WAN applications over any type of infrastructure

The IPO would remain open till Wednesday, June 09, 2010. Check back this blog for latest updates on Fatpipe Networks India IPO!

Sunday, May 30, 2010

Standard Chartered PLC IDR - Issue Price Fixed

May 30, 2010 0
Standard Chartered PLC IDR - Issue Price Fixed
The Issue Price for the Standard Chartered PLC IDR Issue has been fixed at Rs.104/- per Indian Depository Receipt (IDR). Earlier, the price band for the IDR Issue in India from Standard Chartered PLC was set at Rs.100/- to Rs.115/- per Indian Depository Receipt (IDR) with Ten IDRs which would become equivalent to One Share of StanChart PLC. Retail Investors and Eligible Employees whose bid amount does not exceed Rs.100,000 would be entitled for a Discount of 5% on the final Issue Price of the IDRs

Standard Chartered PLC IDR Issue, the first-ever Issue of Indian Depository Receipts (IDRs) in India, was subscribed 2.20 times on an overall basis. Click here for more on Standard Chartered PLC IDR Issue Subcription

Friday, May 28, 2010

Standard Chartered PLC IDR Issue concludes with 2.2 times subscription

May 28, 2010 0
Standard Chartered PLC IDR Issue concludes with 2.2 times subscription
Standard Chartered PLC IDR Issue, the first-ever Issue of Indian Depository Receipts (IDRs) in India, has finally concluded with an overall subscription figure of 2.20 times. The IDR Issue has received lukewarm subscriptions in the Retail and Employee categories which were subscribed 0.25 times and 0.20 times respectively. The IDR Issue has received good response from QIB category which received bids for 348394400 Equity Shares as against 84000000 Equity Shares reserved for the Category, thereby making the category subscribed 4.15 times

The price band for the IDR Issue in India from Standard Chartered PLC was set at Rs.100/- to Rs.115/- per Indian Depository Receipt (IDR) with Ten IDRs which would become equivalent to One Share of StanChart PLC

Retail Investors and Eligible Employees whose bid amount does not exceed Rs.100,000 would be entitled for a Discount of 5% on the final Issue Price of the IDRs

Click here for Standard Chartered PLC IDR Issue - Final Subscription Statistics

Standard Chartered PLC IDR Issue - Final Subscription Statistics

May 28, 2010 0
Standard Chartered PLC IDR Issue - Final Subscription Statistics
Category No.of shares offered / reserved No. of shares bid for No. of times of total meant for the category
QIB 84000000 348394400 4.1476

HNI 43200000 82150400 1.9016

Retail (RII) 72000000 18210200 0.2529

Employees 4800000 950000 0.1979

Overall




2.20  times

Wednesday, May 26, 2010

StanChart IDR Issue bid 10 percent till second day

May 26, 2010 0
StanChart IDR Issue bid 10 percent till second day
Standard Chartered PLC IDR Issue, is covered about 10% till its second day. The IDR Issue has received bids up to 0.15 times or 15% in the QIB Category till Day 2. The Retail Category has also received feeble response till now with subscription figure standing at about 0.0284 times or 2.84% till the second day

Standard Chartered Bank, the largest foreign bank in India, has India as its most profitable centre after Hong Kong. The Bank is already listed on the London and Hong Kong Stock Exchanges and has now come up with an IDR Issue. Standard Chartered PLC IDR issue will remain open till Friday, May 28, 2010. (Click here for Standard Chartered PLC IDR Issue - Bidding Status till Day 2)

Standard Chartered PLC IDR Issue - Bidding Status till Day 2

May 26, 2010 0
Standard Chartered PLC IDR Issue - Bidding Status till Day 2

Tuesday, May 25, 2010

Standard Chartered PLC IDR Issue subscribed 5% on the Opening Day

May 25, 2010 0
Standard Chartered PLC IDR Issue subscribed 5% on the Opening Day
Standard Chartered PLC IDR Issue is bid 0.0548 times or approximately 5% on its opening day. The IDR Issue is the first of its kind in India, whereby Ten Indian Depository Receipts (IDRs) would equal to one share of Standard Chartered PLC. The price band for each IDR is Rs.100/- to Rs.115/- per IDR with Retail Investors and Eligible Employees entitled to a 5% Discount on the Final Issue Price

The issue is subscribed about 12% in the QIB Category and about 1% in the Retail Category till the First day of its opening. SC IDR Issue will remain open for subscription till Friday, May 28, 2010

Click here to check out Category-wise subscription status of the IDR Issue till First Day

Standard Chartered PLC IDR Issue - Bidding Status on First Day

May 25, 2010 0
Standard Chartered PLC IDR Issue - Bidding Status on First Day

Standard Chartered PLC IDR Issue - Bid Lot

May 25, 2010 0
Standard Chartered PLC IDR Issue - Bid Lot
The bid lot or the minimum lot size for IDR Issue of Standard Chartered PLC for the Retail Category of Investors would be initially 200 Indian Depository Receipts (IDRs) and thereafter in multiples of 50 Indian Depository Receipts (IDRs). Earlier, the price band for the IDR Issue was fixed at Rs.100/- to Rs.115/- per Indian Depository Receipt (IDR)

Standard Chartered PLC IDR issue would be open between Tuesday, May 25, 2010 and Friday, May 28, 2010. The final issue price per IDR will be set and announced thereafter. Ten Indian Depository Receipts (IDRs) would equal to one share of Standard Chartered PLC with the Face Value of each underlying share represented by IDRs being US $0.50 per share

Check back Indian IPO Blog for the latest updates on Standard Chartered PLC IDR Issue

Hindustan Media Ventures IPO gets CRISIL IPO Grade 4

May 25, 2010 0
Hindustan Media Ventures IPO gets CRISIL IPO Grade 4
CRISIL has assigned an IPO Grade 4/5 to the proposed IPO of Hindustan Media Ventures Limited. CRISIL assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals

This grade indicates that the fundamentals of the IPO are above average relative to other listed equity securities in India. However, this grade is not an opinion on whether the issue price is appropriate in relation to the issue fundamentals

Stay tuned for more on Hindustan Media Ventures IPO!

Monday, May 24, 2010

Standard Chartered PLC IDR Issue - Price Band announced

May 24, 2010 0
Standard Chartered PLC IDR Issue - Price Band announced
The price band for the first ever IDR Issue in India from Standard Chartered PLC is set at Rs.100/- to Rs.115/- per Indian Depository Receipt (IDR).

Standard Chartered PLC IDR issue will be open between Tuesday, May 25, 2010 and Friday, May 28, 2010. The Issue would aggregate to a total of Rs.24 Crs Indian Depository Receipts (IDRs). The final issue price per IDR will be set and announced thereafter. Retail Investors and Eligible Employees whose bid amount does not exceed Rs.100,000, are entitled for a Discount of 5% on the final Issue Price of the IDRs

Ten Indian Depository Receipts (IDRs) would equal to one share of Standard Chartered PLC. The Face Value of each underlying share represented by IDRs would be US $0.50

Related Posts:

Friday, May 21, 2010

Standard Chartered PLC IDR Issue - The First Ever IDR Issue opens from May 25, 2010

May 21, 2010 0
Standard Chartered PLC IDR Issue - The First Ever IDR Issue opens from May 25, 2010
Standard Chartered PLC, a Bank already listed on the London and Hong Kong Stock Exchanges, is all set to come up with the first-ever Issue of Indian Depository Receipts (IDRs). Standard Chartered PLC IDR issue will be open between Tuesday, May 25, 2010 and Friday, May 28, 2010. The Issue would aggregate to a total of Rs.24 Crs Indian Depository Receipts (IDRs)

Ten Indian Depository Receipts (IDRs) would equal to one share of Standard Chartered PLC. The Face Value of each underlying share represented by IDRs would be US $0.50. Standard Chartered PLC is already listed on the London and Hong Kong Stock Exchanges, thus this would be the third listing for the Bank

Standard Chartered Bank, the largest foreign bank in India, has India as its most profitable centre after Hong Kong. JM Financial Consultants Private Limited , DSP Merrill Lynch Limited , Kotak Mahindra Capital Company Limited, and SBI Capital Markets Limited are Book Running Lead Managers to the Issue with Standard Chartered - STCI Capital Markets Limited as the Co-Book Running Lead Manager, while Karvy Computershare Pvt. Ltd. is the Registrar to the Issue. Stay tuned for more on Standard Chartered PLC IDR Issue


Related Posts:

Standard Chartered PLC IDR Issue - Price Band

May 21, 2010 0
Standard Chartered PLC IDR Issue - Price Band
Standard Chartered PLC, a Bank listed on the London and Hong Kong Stock Exchanges, is coming up with an Indian Depository Receipts (IDRs) Issue which opens from Thursday, May 25, 2010

The price band for the issue would be decided in consultation with the Book Running Lead Managers (BRLMs), during which the closing price of the bank on the London Stock Exchange will be taken into consideration. The price band would be advertised at least one Business Day prior to the Issue Opening Date


Update: Standard Chartered PLC IDR Issue - Price Band announced

What are Indian Depository Receipts (IDRs)

May 21, 2010 0
What are Indian Depository Receipts (IDRs)
Indian Depository Receipts (IDR) are similar to Global Depository Receipts (GDRs) and American depository receipts (ADRs). Just like GDRs and ADRs, Indian Depository Receipts (IDR) are derivative instruments that have shares as the underlying assets

The IDRs allow foreign companies to raise capital in India. Like any other depository receipts IDRs are negotiable financial instruments, issued by a local depository against the shares of the foreign company's publicly-traded securities held by it.

With its IDR Issue that opens from May 25, 2010, Standard Chartered PLC becomes the first global company to file for an issue of Indian Depository Receipts in India

Jaypee Infratech lists below Issue Price

May 21, 2010 0
Jaypee Infratech lists below Issue Price
Jaypee Infratech Limited, which listed on the exchanges today, listed at Rs.93/- on the BSE as against an Issue Price of Rs.102/- per equity share, thus listing at a discount of 8.82% on its Issue Price. The share did not touch the Issue Price on the Listing Day even at the Intra-day High which was Rs.98.50. It finally closed at Rs.91.30 after touching an Intra-day Low of Rs.90.00 on the BSE

On the NSE, it opened at Rs.98/-, touched an Intra-day High of Rs.98.80 with an Intra-day Low of Rs.90/- and finally closed at Rs.92.20 per equity share

Jaypee Infratech Limited (JIL) was incorporated as a Special Purpose Vehicle for implementation of 165 km long 6-lane Access-Controlled Yamuna Expressway in the state of Uttar Pradesh connecting Noida and Agra. Jaypee Infratech IPO would remain open till Tuesday, May 04, 2010. (Click here for Jaypee Infratech Limited IPO Details)

Thursday, May 20, 2010

Satluj Jal Vidyut Nigam (SJVN) closes at Rs.25.05 on the Listing Day

May 20, 2010 0
Satluj Jal Vidyut Nigam (SJVN) closes at Rs.25.05 on the Listing Day
Satluj Jal Vidyut Nigam (SJVN) Ltd., which listed on the exchanges today, closed at Rs.25.05 on the BSE as against the Issue Price of Rs.26/- per equity share. Discount of 5% on the Issue Price was offered to Retail Shareholders and Eligible Employees.

The share opened at Rs.28/- on the BSE which was also the Intra-day High and touched an Intra-day Low of Rs.24.15 per equity share. On the NSE, it opened at Rs.27.10 and closed at Rs.25/- per equity share

SJVN IPO was overbid 6.64 times on an Overall Basis, with Retail Category getting over-subscribed 3.12 times

Wednesday, May 19, 2010

Mandhana Industries closes above Issue Price on Listing Day

May 19, 2010 0
Mandhana Industries closes above Issue Price on Listing Day
Mandhana Industries Limited, which listed on the exchanges today, closed at Rs.133.65 on the BSE as against an Issue Price of Rs.130/- per equity share. The share touched an Intra-day High of Rs.139.15 and an Intra-day Low of Rs.130/- on the BSE

On the NSE, the share opened at Rs.131, touched an Intra-day High of Rs.139.50 and an Intra-day Low of Rs.130


Mandhana Industries Limited IPO which closed for subscription on Thursday, April 29, 2010, was oversubscribed 6.32 times on an overall basis and 2.81 times in Retail Category.

Click here for Mandhana Industries Limited IPO Subscription Status (Final)

Tuesday, May 18, 2010

Tarapur Transformers closes at a discount of 24 percent

May 18, 2010 0
Tarapur Transformers closes at a discount of 24 percent
Tarapur Transformers Limited, which listed on the exchanges today, closed at a discount of 24.13% on the BSE, i.e. at Rs.56.90 per equity share as against an Issue Price of Rs.75/- per equity share. Earlier, the share had listed on its Issue Price of Rs.75/- and touched an Intra-day High of Rs.97.50 and an Intra-day Low of Rs.54.10 on the BSE

On the NSE, the share listed at Rs.75/-, touched an Intra-day high of Rs.97.45, and an Intra-day low of Rs.54.30 and finally closed at Rs.55.20 on the listing day


Tarapur Transformers IPO, which closed for subscription today, on Wednesday, April 28, 2010, was subscribed 1.74 times on an overall basis. Retail Category had received bids for 8146620 Equity Shares as against 2975000 Equity Shares reserved for the Category, thus making the category oversubscribed by 2.74 times. [Click here to check out Tarapur Transformers IPO Subscription Status (Final)]

Jaypee Infratech IPO Allotment Status declared

May 18, 2010 0
Jaypee Infratech IPO Allotment Status declared

Tarapur Transformers lists at its Issue Price

May 18, 2010 0
Tarapur Transformers lists at its Issue Price
Tarapur Transformers, which listed today, has opened at its Issue Price of Rs.75/- per equity share. Earlier, the IPO, which closed for subscription on Wednesday, April 28, 2010, was finally subscribed 1.74 times on an overall basis

Tarapur is engaged in the business of manufacturing, rehabilitation, up-gradation, and refurbishment of transformers ranging from power and distribution transformer, rectifier transformer, furnace duty transformer, electric locomotive transformer, electric traction substation transformer, dry type transformer, potential transformer, special purpose transformers. 

Stay tuned for Tarapur Transformers Ltd. Listing Day Summary

Monday, May 17, 2010

Satluj Jal Vidyut Nigam (SJVN) to list on May 20, 2010

May 17, 2010 0
Satluj Jal Vidyut Nigam (SJVN) to list on May 20, 2010
The Equity Shares of the state-run Satluj Jal Vidyut Nigam (SJVN) Limited will be listed and admitted to the dealings on the Exchanges with effect from Thursday, May 20, 2010 in the 'B' Group of Securities. Details of Listing are as under:

Satluj Jal Vidyut Nigam (SJVN) Limited IPO Listing Info:
ISIN: INE002L01015
IPO Listing Date: Thursday, May 20, 2010
BSE Script Code: 533206
NSE Symbol: SJVN
Listing in: 'B' Group of Securities
Issue Price: Rs.26/- per equity share (Discount of Rs. 1.30/- per equity share for Retail Shareholders and Eligible Employees)

Sunday, May 16, 2010

Coal India Limited IPO may hit the markets in August

May 16, 2010 0
Coal India Limited IPO may hit the markets in August
Coal India Limited, may come up with an Initial Public Offer, in August, 2010. Coal India Limited (CIL) is a Schedule 'A' 'Navratna' Public Sector Undertaking under Ministry of Coal, Government of India, with Headquarters in Kolkata, West Bengal.

According to the Company's website, CIL is the single largest coal producing company in the world

Stay tuned for more on Coal India Limited (CIL) IPO!

Saturday, May 15, 2010

Mandhana Industries IPO Listing Date

May 15, 2010 0
Mandhana Industries IPO Listing Date
Mandhana Industries IPO Listing Date has been fixed at Wednesday, May 19, 2010. Mandhana Industries Limited IPO which closed for subscription on Thursday, April 29, 2010, was oversubscribed 6.32 times on an overall basis and 2.81 times in Retail Category. (Click here for Mandhana Industries Limited IPO Subscription Status) Following is the Listing Dates and Info of Mandhana Industries Ltd:

Mandhana Industries IPO Listing Dates and Info:
ISIN: INE087J01010
IPO Listing Date: Wednesday, May 19, 2010
BSE Script Code: 533204
NSE Symbol: MANDHANA
Listing in: 'B' Group of Securities
Issue Price: Rs.130/- per equity share

Tarapur Transformers IPO to list on Tuesday, May 18, 2010

May 15, 2010 0
Tarapur Transformers IPO to list on Tuesday, May 18, 2010
The Equity Shares of Tarapur Transformers Ltd., will be listed and admitted to the dealings on the Exchanges with effect from Tuesday, May 18, 2010. Tarapur Transformers IPO, which closed for subscription on Wednesday, April 28, 2010, was finally subscribed 1.74 times on an overall basis. However, there was a feeble subscription from the QIB Category, which is subscribed only 0.03 times. Following are the other Listing Details:

Tarapur Transformers Limited IPO Listing Dates and Info:
ISIN: INE747K01017
IPO Listing Date: Tuesday, May 18, 2010
BSE Script Code: 533203
NSE Symbol: TARAPURTL
Listing in: 'B' Group of Securities
Issue Price: Rs.75/- per equity share

Satluj Jal Vidyut Nigam (SJVN) IPO Allotment Status

May 15, 2010 0
Satluj Jal Vidyut Nigam (SJVN) IPO Allotment Status

Thursday, May 13, 2010

Nitesh Estates closes at 5.6 percent discount on BSE

May 13, 2010 0
Nitesh Estates closes at 5.6 percent discount on BSE
Nitesh Estates Ltd., which listed today, closed at Rs.50.95 as against Issue Price of Rs.54/- per equity share, i.e. at a discount of 5.65% to the Issue Price. On the NSE, the share closed at Rs.51.20 per equity share. The share touched an Intra-day High of Rs.58/- and an Intra-day Low of Rs.48.40 on the NSE

Nitesh Estates Limited operates as a real estate property development company in southern India. It develops homes, hotels, office buildings, and retail spaces. The company was founded in 2004 and is headquartered in Bangalore, India

Nitesh Estates lists at Issue Price on NSE

May 13, 2010 0
Nitesh Estates lists at Issue Price on NSE
Nitesh Estates Ltd., which listed on the exchanges today, listed at Rs.54/- per equity share, which was the Issue Price of the IPO

Nitesh Estates Limited operates as a real estate property development company in southern India. It develops homes, hotels, office buildings, and retail spaces. The company was founded in 2004 and is headquartered in Bangalore, India

Tuesday, May 11, 2010

Tarapur Transformers IPO Allotment Status declared

May 11, 2010 0
Tarapur Transformers IPO Allotment Status declared
Tarapur Transformers IPO Allotment Status is now available online

Click here to check your status now

Tarapur Transformers Ltd., an ISO 9001:2000 certified company, was established in 1988 and is currently engaged in the business of manufacturing, rehabilitation, up-gradation, and refurbishment of transformers ranging from power & distribution transformer, Rectifier Transformer, Furnace Duty Transformer, Electric Locomotive Transformer, Electric Traction substation Transformer, Dry type transformer, Potential Transformer, Special purpose transformers

Monday, May 10, 2010

GSFC IPO assigned an IPO Grade 4 by CRISIL

May 10, 2010 0
GSFC IPO assigned an IPO Grade 4 by CRISIL
Credit Rating Agency CRISIL Research has assigned a CRISIL IPO grade of 4/5 to the proposed Initial Public Offer (IPO) of Gujarat State Petroleum Corporation (GSPC). An IPO Grade 4/5 from CRISIL indicates that the fundamentals of the IPO are above average relative to other listed equity securities in India. However, this grade is not an opinion on whether the issue price is appropriate in relation to the issue fundamentals. CRISIL assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals

Gujarat State Petroleum Corporation (GSPC) is the flagship company of GSPC Group involved in exploration and production (E&P). GSPC was among India’s first companies to participate in the NELP bidding process and acquire exploration blocks across the country. The company has an international portfolio with exploration acreage in Australia, Egypt, Yemen and Indonesia

Stay tuned to Indian IPO Blog for the latest updates on Gujarat State Petroleum Corporation (GSPC) IPO!

Talwalkars closes at 27% premium

May 10, 2010 0
Talwalkars closes at 27% premium
Talwalkars Better Value Fitness Ltd., which listed on the exchanges today, i.e. on Monday, May 10, 2010, closed at Rs.162.60 on the BSE as against an Issue Price of Rs.128/- per equity share, i.e. at a premium of 27.03% on the Issue Price. The share opened at Rs.138/- per equity share on the BSE and touched an Intra-day High of Rs.167.70 and an Intra-day Low of Rs.132/-

On the NSE, the share opened at Rs.147.95, touched an Intra-day High of Rs.168.90 and closed at Rs.168.30

Talwalkars Better Value Fitness Limited owns one of the largest fitness chain in India offering a diverse suite of services including gyms, spas, aerobics and health counseling

Talwalkars Better Value lists at 15.58% premium on NSE

May 10, 2010 1
Talwalkars Better Value lists at 15.58% premium on NSE
Talwalkars Better Value Fitness Ltd., which listed on the exchanges today, opened at Rs.147.95, at a premium of 15.58% on the Issue Price. On the BSE, the share opened at Rs.138/- per equity share as against an Issue Price of Rs.128/- per equity share, i.e. at a premium of 7.81% on the Issue Price

Talwalkars Better Value Fitness Limited IPO, had received an amazing response with the IPO getting overbid by 28.39 times on an overall basis. (Click here to check out Talwalkars Better Value Fitness IPO Final Subscription Status)

Sunday, May 9, 2010

Satluj Jal Vidyut Nigam (SJVN) IPO Issue Price

May 09, 2010 0
Satluj Jal Vidyut Nigam (SJVN) IPO Issue Price
Satluj Jal Vidyut Nigam (SJVN) IPO Issue Price is fixed at Rs.26/- per equity share, which is at the upper end of the Price Band (The price band for the IPO was Rs.23/- to Rs.26/- per equity share). As declared earlier, Retail Investors would be entitled to a Discount of 5% on the Issue Price, i.e. Rs.1.30 per equity share. Consequently, Retail Investors will get the shares at Rs.24.70 per equity share

SJVN IPO, which had closed for subscription on Monday, May 03, 2010, was oversubscribed 6.64 times on an overall basis. The IPO was oversubscribed 9.03 times in the QIB Category, with more than 3 times subscriptions in each of the other two categories, i.e. in HNI and Retail Categories

Satluj Jal Vidyut Nigam Ltd. (formerly NJPC Ltd.) was incorporated on May 24, 1988 as a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh (GOHP) to plan, investigate, organize, execute, operate and maintain Hydro-electric power projects

Check back Indian IPO Blog regularly for IPO Allotment Status Link, IPO Listing Details and more on SJVN IPO!

Thursday, May 6, 2010

Talwalkars IPO to list on Monday, May 10, 2010

May 06, 2010 0
Talwalkars IPO to list on Monday, May 10, 2010
The Equity Shares of Talwalkars Better Value Fitness Limited will be listed and admitted to dealings on the Exchange effective from Monday, May 10, 2010,in the list of B Group. The listing details are as under:

Talwalkars Better Value Fitness Limited IPO Listing Dates and Info:
ISIN: INE502K01016
IPO Listing Date: Monday, May 10, 2010
BSE Script Code: 533200
NSE Symbol: TALWALKAR
Listing in: 'B' Group of Securities
Issue Price: Rs.128/- per equity share

Tara Health Foods IPO withdrawn due to weak response

May 06, 2010 0
Tara Health Foods IPO withdrawn due to weak response
Tara Health Foods Ltd., has finally withdrawn its Initial Public Offer (IPO) due to uncertainty in the global markets and weak response from the investors. Earlier due to poor response from the Investors, the Price Band for the IPO was revised from the earlier price band of Rs.180/- to Rs.190/- per equity share to the revised price band of Rs.175/- to Rs.185/- per equity share and the closing date was extended till Monday, May 05, 2010 instead of earlier scheduled closing date of Friday, April 30, 2010. (Click here to view Tara Health Foods IPO Revised Details)

Tara Health Foods IPO, consisting of 10,000,000 Equity Shares of Rs.10/- each, had opened for subscription from Wednesday, April 28, 2010. The IPO was assigned an IPO Grade 2 from credit rating agency Fitch, indicating 'Below Average Fundamentals'. The Company is engaged in the business of producing oil and cattle/poultry feed

Tara Health Foods IPO had remained poorly subscribed till Friday, April 30, 2010, the earlier scheduled closing date of the IPO, when it was subscribed only 0.03 times or 3% on an overall basis. (Click here to view Tara Health Foods IPO Bidding Status till Friday, April 30, 2010)

Even after the revision of price band and extension of IPO Closing Date to Wednesday, May 05, 2010, the response to the IPO remained lukewarm with the IPO getting bid 0.60 times or 60% on an overall basis. Click here for Tara Health Foods IPO Bidding Status as on Wednesday, May 05, 2010

Tuesday, May 4, 2010

Jaypee Infratech IPO finally subscribed fully

May 04, 2010 0
Jaypee Infratech IPO finally subscribed fully
Jaypee Infratech IPO, which opened for subscription from Wednesday, April 28, 2010, has finally gathered subscription and the IPO subscription stands 1.24 times on an overall basis. The IPO has managed to garner more than 1 time subscription in both QIB and HNI Category, although the response from the Retail Investors has not been keen with bids received for 36603000 Equity Shares as against 59876470 Equity Shares reserved for the Retail Category. [Click here for Jaypee Infratech IPO Subscription Status (Final)]

Jaypee Infratech Ltd., is a fully-owned subsidiary of Jaiprakash Associates. The company has undertaken the development of the 165 kilometre-long Yamuna Expressway, connecting Greater Noida and Agra and development of five integrated townships. The IPO was assigned an 'IPO Grade 3/5' from Credit Rating Agency CARE

Visit Indian IPO Blog regularly for Jaypee Infratech Ltd. IPO Allotment Status Links, IPO Listing and other info on Jaypee Infratech IPO!

Jaypee Infra IPO Subscription Status (Final)

May 04, 2010 0
Jaypee Infra IPO Subscription Status (Final)

Tara Health Foods IPO remains poorly subscribed till Tuesday, May 04, 2010

May 04, 2010 0
Tara Health Foods IPO remains poorly subscribed till Tuesday, May 04, 2010
Tara Health Foods IPO, which was extended with revision of price band, has remained poorly subscribed with the IPO getting bid just about 4% on an overall basis till Tuesday, May 04, 2010. Following is the subscription status as on till Tuesday, May 04, 2010:

Tara Health Foods IPO Bidding Status as on Day 5, Tuesday, May 04, 2010 1815 hrs IST:
QIB: 0.00 times
Non-Institutional Investors: 0.03 times
Retail: 0.09 times
Overall: 0.04 times

Jaypee Infra IPO bid 1.2 times till 4 PM on Closing Day

May 04, 2010 0
Jaypee Infra IPO bid 1.2 times till 4 PM on Closing Day
Jaypee Infra IPO has been bid 1.20 times on an overall basis till 1600 hrs IST on Friday, May 04, 2010, the closing day of the IPO, as per data available on the NSE website

Jaypee Infratech Limited (JIL) was incorporated as a Special Purpose Vehicle for implementation of 165 km long 6-lane Access-Controlled Yamuna Expressway in the state of Uttar Pradesh connecting Noida and Agra. Jaypee Infratech IPO would remain open till Tuesday, May 04, 2010. (Click here for Jaypee Infratech Limited IPO Details)

Talwalkars Better Value IPO Allotment Status

May 04, 2010 0
Talwalkars Better Value IPO Allotment Status

Satluj Jal Vidyut Nigam IPO Subscription Status (Final)

May 04, 2010 0
Satluj Jal Vidyut Nigam IPO Subscription Status (Final)

Monday, May 3, 2010

SJVN IPO bid about 6.4 times till 5 PM

May 03, 2010 0
SJVN IPO bid about 6.4 times till 5 PM
Satluj Jal Vidyut Nigam (SJVN) IPO has been bid about 6.48 times on an overall basis till 1700 hrs IST on the closing day as per data available on the NSE website. Retail Category has also been bid more than 2 times till 5:00 PM

Stay tuned for final subscription status of SJVN IPO!

SJVN IPO bid more than 6 times till 4 pm

May 03, 2010 1
SJVN IPO bid more than 6 times till 4 pm
The IPO of SJVN Ltd. which closes for subscription today, has accumulated good response on the closing day and the IPO is bid 6.26 times till 1600hrs on the closing day, as per data available on the NSE website

Stay tuned to Indian IPO Blog for latest updates on SJVN IPO!

Satluj Jal Vidyut Nigam (SJVN) IPO closes today

May 03, 2010 0
Satluj Jal Vidyut Nigam (SJVN) IPO closes today
The IPO of Satluj Jal Vidyut Nigam (SJVN) Ltd., the state-run hydroelectric power generation company, closes for subscription today. The IPO, which had opened from Thursday, April 29, 2010, has been subscribed 0.86 times till second day of opening, i.e. till Friday, April 30, 2010. The Retail Category has received bids for 18877500 Equity Shares as against 123495000 Equity Shares reserved for the category, thus making the it subscribed 0.1529 times or 15.29% till Day 2

Satluj Jal Vidyut Nigam Ltd. (formerly NJPC Ltd.) was incorporated on May 24, 1988 as a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh (GOHP) to plan, investigate, organize, execute, operate and maintain Hydro-electric power

The price band for the Satluj Jal Vidyut Nigam IPO is Rs.23/- to Rs.26/- per equity share with a 5% Discount on the Issue Price for Retail Investors at the time of allotment.

Satluj Jal Vidyut Nigam IPO has been assigned an IPO Grade 4/5 by the credit rating agency CARE. (Click here for more on Satluj Jal Vidyut Nigam IPO Rating)

Check back Indian IPO Blog frequently for SJVN IPO Subscription Status updates throughout the day as well as Final Subscription Statistics of the IPO!

Saturday, May 1, 2010

Tara Health Foods IPO Price Band revised, closing date extended

May 01, 2010 0
Tara Health Foods IPO Price Band revised, closing date extended
The closing date for the IPO of Tara Health Foods Ltd. is extended and the IPO would now close on Monday, May 05, 2010 instead of earlier scheduled closing date of Friday, April 30, 2010. The Price Band for the IPO has also been revised from the earlier price band of Rs.180/- to Rs.190/- per equity share to the revised price band of Rs.175/- to Rs.185/- per equity share (Click here to view Tara Health Foods IPO Revised Details)

Tara Health Foods IPO, consisting of 10,000,000 Equity Shares of Rs.10/- each, had opened for subscription from Wednesday, April 28, 2010. The IPO was assigned an IPO Grade 2 from credit rating agency Fitch, indicating 'Below Average Fundamentals'

Tara Health Foods IPO had remained poorly subscribed till Friday, April 30, 2010, the scheduled closing date of the IPO, when it was subscribed only 0.03 times or 3% on an overall basis. The IPO has received poor response from all the three categories of investors till now. (Click here to view Tara Health Foods IPO Bidding Status till Friday, April 30, 2010)

Tara Health Foods Limited (THFL) is engaged in the business of manufacturing of oil and cattle/poultry feed. Company is now also in the nutritive healthy edible oil segment producing and selling Rice Bran Oil, blend of Rice Bran Oil and Refined Olive Oil

Tara Health Foods IPO Revised Details

May 01, 2010 0
Tara Health Foods IPO Revised Details
Issue Size: 10,000,000 Equity Shares of Rs.10/- each
Issue Opens on: Wednesday, April 28, 2010
Issue Closes on: Monday, May 05, 2010 * 
Price Band: Rs.175/- to Rs.185/- per equity share **
Bid Lot: 30 Equity Shares and in multiples thereof
Lead Manager: Atherstone Capital Markets Ltd.
Registrar: Bigshare Services Pvt. Ltd.

*   Revised from earlier Closing Date: Friday, April 30, 2010
**  Revised from earlier Price Band:  Rs.180/- to Rs.190/- per equity share

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