August 2010 - Indian IPO Blog

Indian IPO Blog

Insights into investing world in India

Tuesday, August 31, 2010

Gujarat Pipavav Port IPO Issue Price set at Rs.46 per share

August 31, 2010 0
Gujarat Pipavav Port IPO Issue Price set at Rs.46 per share
Gujarat Pipavav Port Ltd. has fixed the Issue Price for its recently concluded IPO at Rs.46/- per equity share. The Equity Shares under the IPO were offered in a price band of Rs.42/- to Rs.48/- per equity share. Gujarat Pipavav Port Ltd. is the developer and operator of APM Terminals Pipavav, which has multi-cargo and multi-user operations


GPPL IPO had received a wonderful response from the investors with the IPO getting overbid by nearly 20 times on an overall basis, with Retail Category getting bid 9.15 times


More posts on Gujarat Pipavav Port IPO:
- Gujarat Pipavav Port IPO closes with spectacular subscription
- GPPL IPO Final Subscription Status
- Gujarat Pipavav Port IPO Final Subscription Statistics
- Gujarat Pipavav Port IPO Bidding Status on Day 3
- GPPL IPO Bidding Status till Day 2
- Gujarat Pipavav Port IPO receives frail subscription on Opening Day

Coal India IPO opens from October 18, 2010

August 31, 2010 0
Coal India IPO opens from October 18, 2010
Coal India IPO, the IPO of the world's largest coal miner, will open for subscription from Monday, October 18, 2010 and would remain open for subscription till Thursday, October 21, 2010. The Book Running Lead mangers to the issue are Citigroup Global Markets India Pvt. Ltd., Deutsche Equities (India) Pvt. Ltd., DSP Merrill Lynch Ltd., ENAM Securities Pvt. Ltd., Kotak Mahindra Capital Company Ltd. and Morgan Stanley India Company Pvt. Ltd.

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

Thursday, August 26, 2010

Gujarat Pipavav Port IPO closes with spectacular subscription

August 26, 2010 0
Gujarat Pipavav Port IPO closes with spectacular subscription
Gujarat Pipavav Port IPO, has received a marvelous response, with the IPO getting overbid by 19.94 times on an overall basis. The IPO has received an overwhelming response in the HNI Category, which is oversubscribed by 85.70 times, receiving bids for 1101396790 Equity Shares as against 12852456 Equity Shares reserved for the category

Retail Investors have also shown keen interest with the category receiving bids for 352907880 Equity Shares as against 38557368 Equity Shares reserved for the category.

Gujarat Pipavav Port Limited (GPPL), is the developer and operator of APM Terminals Pipavav, located in the Saurashtra region of Gujarat. Gujarat Pipavav operates APM Terminals Pipavav, which is India’s first private sector port, and has multi cargo and multi user operations. APM Pipavav is located in the Saurashtra region in Gujarat, and is an all weather port. It provides port handling and marine services for container cargo, bulk cargo, and LPG cargo

Gujarat Pipavav Port IPO had opened for subscription from Monday, August 23, 2010. The IPO was assigned a "CRISIL IPO Grade 4/5" (Click here for more on GPPL IPO Rating from CRISIL)

GPPL IPO Final Subscription Status

August 26, 2010 0
GPPL IPO Final Subscription Status

Gujarat Pipavav Port IPO Final Subscription Statistics

August 26, 2010 0
Gujarat Pipavav Port IPO Final Subscription Statistics
Category   No.of shares offered / reserved   No. of shares bid for   No. of times of total meant for the category

QIB   56632410   747614660   13.2012

             

HNI   12852456   1101396790   85.6954

             

Retail (RII)   38557368   352907880   9.1528

             

Employees   2380952   203320   0.0854

             

Overall




19.94  times

GPPL IPO oversubscribed more than 19 times

August 26, 2010 0
GPPL IPO oversubscribed more than 19 times
Gujarat Pipavav Port IPO has received an outstanding response and is overbid more than 19 times on an overall basis with Retail Category getting oversubscribed more than 6 times till 5:00 PM on the closing day, as per data available on the NSE website

Gujarat Pipavav Port IPO had managed to garner an overall subscription of 7.23 times till Day 3, chiefly on support from QIB Category which was overbid 13.20 times till Day 3. Gujarat Pipavav Port Limited (GPPL), is the developer and operator of APM Terminals Pipavav, located in the Saurashtra region of Gujarat. Gujarat Pipavav Port IPO was assigned a "CRISIL IPO Grade 4/5" (Click here for more on GPPL IPO Rating from CRISIL)

Stay tuned to Indian IPO Blog for precise category-wise subscription figures of GPPL IPO!

GPPL IPO bid 7.2 times till now, closes today

August 26, 2010 0
GPPL IPO bid 7.2 times till now, closes today
Gujarat Pipavav Port IPO has managed to garner an overall subscription of 7.23 times chiefly on support from QIB Category, which is overbid 13.20 times. The IPO is subscribed just short of 1 time in the Retail Category, where the subscription figure stands at 0.92 times

Gujarat Pipavav Port Limited (GPPL), is the developer and operator of APM Terminals Pipavav, located in the Saurashtra region of Gujarat. Gujarat Pipavav Port IPO was assigned a "CRISIL IPO Grade 4/5" (Click here for more on GPPL IPO Rating from CRISIL)

Tuesday, August 24, 2010

GPPL IPO Bidding Status till Day 2

August 24, 2010 0
GPPL IPO Bidding Status till Day 2

Gujarat Pipavav Port IPO receives frail subscription on Opening Day

August 24, 2010 0
Gujarat Pipavav Port IPO receives frail subscription on Opening Day
Gujarat Pipavav Port IPO, which opened for subscription from yesterday, has received fragile response on its opening day with bids coming mainly from the Retail Category only which has received bids for 3729310 Equity Shares as against 38557368 Equity Shares reserved for the category, thus making the Retail Category subscribed about 10% till Day 1, although no bids are received in the QIB Category till Opening Day

Click here for Gujarat Pipavav Port IPO Bidding Status on Day 1

Monday, August 23, 2010

Gujarat Pipavav Port IPO Bidding Status on Day 1

August 23, 2010 0
Gujarat Pipavav Port IPO Bidding Status on Day 1

Gujarat Pipavav Port IPO Details

August 23, 2010 0
Gujarat Pipavav Port IPO Details
Issue Opens on: Monday, August 23, 2010
Issue Closes on: Thursday, August 26, 2010
Price Band: Rs.42/- to Rs.48/- per equity share
Bid Lot: 130 Equity Shares and in multiples thereof
Lead Manager: IDFC-SSKI Pvt. Ltd., Kotak Mahindra Capital Company Ltd.
Registrar:  Karvy Computershare Pvt. Ltd.

Prakash Steelage IPO Allotment Status declared

August 23, 2010 0
Prakash Steelage IPO Allotment Status declared

Saturday, August 21, 2010

Avantha Power IPO opens from October 11, 2010

August 21, 2010 0
Avantha Power IPO opens from October 11, 2010
Avantha Power & Infrastructure Limited, a power generation company, is coming up with an IPO, which would open for subscription from October 11, 2010

According to the Company's Website, Avantha Power & Infrastructure Limited 191 MW of operational thermal power capacity; 2,400 MW of generating capacity under various stages of implementation; and 1,320 MW of generating capacity under planning spread across India

Stay tuned for more on Avantha Power & Infrastructure IPO!

Wednesday, August 18, 2010

Gujarat Pipavav Port IPO Price Band

August 18, 2010 0
Gujarat Pipavav Port IPO Price Band
Gujarat Pipavav Port IPO Price Band is fixed at Rs.42/- to Rs.48/- per equity share. Gujarat Pipavav Port Ltd., the developer and operator of APM Terminals Pipavav, India's first private sector port, which has multi-cargo and multi-user operations, is coming up with an IPO which opens for subscription from Monday, August 23, 2010

Gujarat Pipavav Port Limited (GPPL) has the exclusive right to develop and operate APM Terminals Pipavav and related facilities until September 2028. Kotak Mahindra Capital, IDFC Capital and IDBI Capital would be the Book Running Lead Managers to the Issue

Stay tuned for more on GPPL IPO!

Gujarat Pipavav Port IPO - CRISIL Rating

August 18, 2010 0
Gujarat Pipavav Port IPO - CRISIL Rating
CRISIL has assigned a "CRISIL IPO Grade 4/5" to the proposed Initial Public Offer of Gujarat Pipavav Port Ltd (GPPL).According to CRISIL, an IPO Grade 4/5 from CRISIL indicates that the fundamentals of the IPO are above average relative to the 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. The grade is not a recommendation to buy / sell or hold the graded instrument, or a comment on the graded instrument’s future market price or its suitability for a particular investor

Gujarat Pipavav Port Limited (GPPL), is the developer and operator of APM Terminals Pipavav, located in the Saurashtra region of Gujarat

Tuesday, August 17, 2010

Gujarat Pipavav Port IPO opening on Aug 23, 2010

August 17, 2010 0
Gujarat Pipavav Port IPO opening on Aug 23, 2010
Gujarat Pipavav Port Limited (GPPL), the developer and operator of APM Terminals Pipavav, located in the Saurashtra region of Gujarat, is coming up with an IPO, which would be open for subscription between August 23, 2010 and August 26, 2010

Gujarat Pipavav Port Limited (GPPL) has the exclusive right to develop and operate APM Terminals Pipavav and related facilities until September 2028. Kotak Mahindra Capital, IDFC Capital and IDBI Capital would be the Book Running Lead Managers to the Issue

The Objects to the Issue are:
(a) Prepayment of loans;
(b) Investment in capital expenditure;
(c) Investment in capital equipment; and
(d) General Corporate Purposes

Sunday, August 15, 2010

Coal India IPO likely in October

August 15, 2010 0
Coal India IPO likely in October
The IPO of Coal India Ltd., the world's largest coal miner, is expected to hit the markets by October, 2010. According to the company's website, Coal India Limited (CIL) - a Schedule 'A' 'Navratna' Public Sector Undertaking under Ministry of Coal, Government of India, has its Headquarters in Kolkata, West Bengal

Citigroup Global Markets India Pvt. Ltd, Deutsche Equities (India) Pvt. Ltd, Bank of America Merrill Lynch, Enam Securities Pvt. Ltd., Kotak Mahindra Capital Co. Ltd. and Morgan Stanley India Co. Pvt. Ltd. are the Book Running Lead Managers to the Issue

Currently, the Government of India holds 100% Equity in the Company. The Government is proposing to sell 10% of its stake through the IPO. Coal India Ltd. has already filed Draft Red Herring Prospectus with Securities and Exchange Board of India. The Equity Shares of Coal India Limited are proposed to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE)

Saturday, August 14, 2010

SKS Microfinance to list on Monday, August 16, 2010

August 14, 2010 0
SKS Microfinance to list on Monday, August 16, 2010
The Equity Shares of SKS Microfinance Ltd. will be listed on the exchanges with effect from Monday, August 16, 2010. Earlier, the IPO had received a good subscription and was overbid 13.69 times with Retail Category getting subscribed 2.81 times

SKS Microfinance IPO Listing Details:
ISIN: INE180K01011
IPO Listing Date: Monday, August 16, 2010
BSE Script Code: 533228
NSE Symbol: SKSMICRO
Listing in: 'B' Group of Securities
Issue Price: Rs.985/- per equity share

Bajaj Corp IPO Allotment Status declared

August 14, 2010 0
Bajaj Corp IPO Allotment Status declared

Thursday, August 12, 2010

Prakash Steelage IPO Issue Price

August 12, 2010 0
Prakash Steelage IPO Issue Price
Prakash Steelage IPO Issue Price is set at Rs.110/- per equity share. The Equity Shares under the IPO were offered in a price band of Rs.100/- to Rs.110/- per equity share

Prakash Steelage IPO, which closed for subscription on August 10, 2010, was finally subscribed 4.53 times

Stay tuned for more on Prakash Steelage IPO!

Wednesday, August 4, 2010

Prakash Steelage IPO Price Band

August 04, 2010 0
Prakash Steelage IPO Price Band
Prakash Steelage IPO Price Band is fixed at Rs.100/- to Rs.110/- per equity share. The IPO would remain open for subscription between August 05, 2010 and August 09, 2010

Prakash Steelage Limited (PSL), a PED certified Company, engaged in the manufacturing of seamless & welded stainless steel Pipes, Tubes and U-tubes, is coming up with an IPO of 6,250,000 Equity Shares of Rs.10 each

The objects of the Issue are to meet the expenses of the issue and listing and for:
1. Expansion of existing manufacturing facility at Umbergaon, Gujarat;
2. Meeting the additional working capital requirement;
3. General corporate purposes

Stay tuned for more on Prakash Steelage IPO!

Bajaj Corp IPO Bidding Status on Day 2

August 04, 2010 0
Bajaj Corp IPO Bidding Status on Day 2

Monday, August 2, 2010

Bajaj Corp IPO bid 40 percent on First Day

August 02, 2010 0
Bajaj Corp IPO bid 40 percent on First Day
Bajaj Corp IPO has received good response on its opening day, especially from the QIB Category and the IPO is bid 0.40 times on an overall basis with the QIB Category getting subscribed 75% on Day 1

Bajaj Corp Ltd., a part of Shishir Bajaj Group of Companies and the second largest in the group. Bajaj Corp Ltd is one of India’s leading FMCG company with major brands in Hair Care category. Bajaj Corp is one of India’s leading producers of hair oils and its main product is Bajaj Almond Drops

Stay tuned for more on Bajaj Corp IPO!


Related Posts:
- Bajaj Corp IPO Bidding Status on Day 1
- Bajaj Corp IPO opens from August 02, 2010
- Bajaj Corp IPO gets a CRISIL IPO Grade 4

Bajaj Corp IPO Bidding Status on Day 1

August 02, 2010 0
Bajaj Corp IPO Bidding Status on Day 1

SKS Microfinance IPO finally overbid 13.69 times

August 02, 2010 0
SKS Microfinance IPO finally overbid 13.69 times
SKS Microfinance IPO, has received good response and is finally oversubscribed 13.69 times on an overall basis with the Retail Category getting overbid 2.81 times. The HNI Category has also received oversubscription of 18.26 times

SKS Microfinance Ltd. is one of the largest players in the Indian micro-finance industry. Started in 1998 as an NGO, SKS transformed into an NBFC in 2005 and is regulated by the RBI

Stay tuned for more on SKS Microfinance IPO!

SKS Microfinance IPO closes today, bid 10.51 times till now

August 02, 2010 0
SKS Microfinance IPO closes today, bid 10.51 times till now
SKS Microfinance IPO has been bid 10.51 times on an overall basis. The QIB Category is oversubscribed 20.38 times whereas the response in Retail Category has been feeble so far. The IPO closes for subscription today, i.e. Monday, August 02, 2010

SKS Microfinance IPO had received an IPO Grade 4/5 from Credit Rating Agency CARE. ‘CARE IPO Grade 4’ indicates Above Average Fundamentals. SKS Microfinance Ltd. is the first microfinance company in India to come up with an IPO. SKS Microfinance Ltd. is one of the largest players in the Indian micro-finance industry. Started in 1998 as an NGO, SKS transformed into an NBFC in 2005 and is regulated by the RBI

Neogen Chemicals IPO subscription status on Day 2

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