March 2011 - Indian IPO Blog

Indian IPO Blog

Insights into investing world in India

Sunday, March 27, 2011

Shilpi Cable IPO finally subscribed 3.48 times

March 27, 2011 1
Shilpi Cable IPO finally subscribed 3.48 times
Shilpi Cable Technologies IPO, which closed for subscription on Friday, March 25, 2011, was finally subscribed 3.48 times on an overall basis. The IPO received bids for 4449359 Equity Shares in the QIB Category as against 4298246 Equity Shares reserved for the category, thus making the category bid 1.04 times. The subscription from the HNI and Retail Categories stood at 6.39 times and 5.74 times respectively

Earlier, credit rating agency CARE had assigned an IPO Grade 1/5 to the IPO of Shilpi Cable Technologies Ltd. CARE 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. An IPO Grade 1 from CARE indicates that as per CARE, the company has "Poor Fundamentals"

Stay tuned to Indian IPO Blog for Shilpi Cable Technologies IPO Allotment Status and other updates!

PTC India Financial Services (PFS) IPO | PTC India Financial Services (PFS) IPO Allotment Status

March 27, 2011 0
PTC India Financial Services (PFS) IPO | PTC India Financial Services (PFS) IPO Allotment Status

Shilpi Cable IPO Final Subscription Status

March 27, 2011 0
Shilpi Cable IPO Final Subscription Status

Friday, March 25, 2011

Shilpi Cable Technologies IPO subscription status update

March 25, 2011 0
Shilpi Cable Technologies IPO subscription status update
Shilpi Cable Technologies IPO has been bid about 3.48 times on an overall basis till Friday, March 25, 2011 1730 hrs IST, as per the data available on the NSE website. Shilpi Cable Technologies Limited is engaged in the business of manufacturing Radio frequency (RF) cables, widely used in telecom, automobile and power sectors

Earlier, credit rating agency CARE had assigned an IPO Grade 1/5 to the IPO of Shilpi Cable Technologies Ltd. CARE 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. An IPO Grade 1 from CARE indicates that as per CARE, the company has "Poor Fundamentals"

Stay tuned for latest updates on Shilpi Cable Technologies IPO!

Lovable Lingerie IPO closes listing day with healthy premium

March 25, 2011 0
Lovable Lingerie IPO closes listing day with healthy premium
Lovable Lingerie IPO, which listed on the exchanges yesterday on Thursday, March 24, 2011, closed with a substantial premium over its issue price. The share closed at Rs.249.20 on the BSE as against the Issue Price of Rs.205/- per equity share. On the NSE, the share closed at Rs.252.35, a premium of close to 23% over the issue price

The equity shares Lovable Lingerie Ltd. listed at Rs.261.50 on the BSE and went on to touch Rs.278.95 as the Intra-day High, while the Intra-day Low was Rs.241.40. The weighted average traded price on the BSE was Rs.259.17, which pretty much reflected the stable range of Rs.245 to Rs.265 in which the share traded throughout most part of the day. Lovable Lingerie witnessed a Total Traded Value of Rs.447.50 Cr on the BSE with a Total Traded Quantity of 172.67 lakh shares

Lovable Lingeries Ltd is one of India's leading women's innerwear manufacturers, with products including brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products. The company plans to use the proceeds from the IPO for a manufacturing facility, brand promotion and retail expansion

Shilpi Cable Technologies IPO Bidding Status till Day 3

March 25, 2011 0
Shilpi Cable Technologies IPO Bidding Status till Day 3

Wednesday, March 23, 2011

Shilpi Cable Technologies IPO bid 0.40 times till second day

March 23, 2011 0
Shilpi Cable Technologies IPO bid 0.40 times till second day
Shilpi Cable Technologies IPO has been subscribed 40% till the second day of its opening. The IPO is bid about 71% in the QIB Category and 12% in the Retail Category till Day 2, with no bids received so far from the HNI Category

Shilpi Cable Technologies Limited is engaged in the business of manufacturing Radio frequency (RF) cables, widely used in telecom, automobile and power sectors

Stay tuned to Indian IPO Blog for more on  Shilpi Cable Technologies IPO!

Shilpi Cable Technologies IPO Subscription Status till Day 2, Wednesday, March 23, 2011

March 23, 2011 0
Shilpi Cable Technologies IPO Subscription Status till Day 2, Wednesday, March 23, 2011

Lovable Lingerie to list on Thursday, March 24, 2011

March 23, 2011 0
Lovable Lingerie to list on Thursday, March 24, 2011
The Equity Shares of Lovable Lingerie Ltd., would be listed and admitted to the dealings on the exchange with effect from Thursday, March 24, 2011.

Lovable Lingerie Ltd. IPO closed for subscription on March 11, 2011 and was finally subscribed 35.21 times. The price band for the IPO was set at higher end of Price Band at Rs.205/- per equity share, the Price Band being that of Rs.195/- to Rs.205/- per equity share

Check back Indian IPO Blog for the listing day price updates on Lovable Lingerie Ltd. IPO!

Shilpi Cable Technologies IPO - Bidding Status on Day 1

March 23, 2011 0
Shilpi Cable Technologies IPO - Bidding Status on Day 1

Tuesday, March 22, 2011

Shilpi Cable Technologies IPO Rating from CARE

March 22, 2011 0
Shilpi Cable Technologies IPO Rating from CARE
Credit Rating Agency CARE has assigned an IPO Grade 1/5 to the IPO of Shilpi Cable Technologies Ltd. CARE 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. An IPO Grade 1 from CARE indicates that as per CARE, the company has "Poor Fundamentals"

Shilpi Cable Technologies Limited is engaged in the business of manufacturing Radio frequency (RF) cables, widely used in telecom, automobile and power sectors

Click here to download IPO Grading Document from CARE for Shilpi Cable Technologies IPO!

Shilpi Cable Technologies IPO Details

March 22, 2011 0
Shilpi Cable Technologies IPO Details
Issue Opens on: Tuesday, March 22, 2011
Issue Closes on: Friday, March 25, 2011
Price Band: Rs.65/- to Rs.69/- per equity share
Bid Lot: 79 Equity Shares and in multiples thereof
Lead Manager: D and A Financial Services Pvt. Ltd.
Registrar: Beetal Financial & Computer Services (P) Limited

Monday, March 21, 2011

Lovable Lingerie IPO Issue Price fixed at the upper end of price band

March 21, 2011 0
Lovable Lingerie IPO Issue Price fixed at the upper end of price band
Lovable Lingerie Ltd. has fixed the Issue Price of its IPO at the upper end of the price band as was expected with such a massive subscription that the IPO received. The Issue Price has been fixed at Rs.205/- per equity share, the price band of the IPO being Rs.195/- to Rs.205/- per equity share

Lovable Lingerie IPO, had received a staggering subscription figure of 35.21 times on an overall basis. The IPO, which was bleakly subscribed in the first two days of its opening, has gained solid support from all three categories of investors on the closing day of the IPO. The IPO was overbid 20.84 times in the Retail Category

Lovable Lingeries Ltd is one of India's leading women's innerwear manufacturers, with products including brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products

Lovable Lingerie IPO Allotment Status declared

March 21, 2011 0
Lovable Lingerie IPO Allotment Status declared
Lovable Lingerie IPO Allotment Status is declared and can be checked online now. Click here to check Lovable Lingerie IPO Allotment Status now!

Lovable Lingeries Ltd is one of India's leading women's innerwear manufacturers, with products including brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products. The Issue would constitute 27.08% of the post issue paid-up capital of the company. The company plans to use the proceeds from the IPO for a manufacturing facility, brand promotion and retail expansion

Stay tuned for listing day updates on Lovable Lingerie IPO!

Shilpi Cable Technologies IPO Price Band fixed

March 21, 2011 0
Shilpi Cable Technologies IPO Price Band fixed
Shilpi Cable Technologies IPO Price Band is fixed at Rs.65/- to Rs.69/- per equity share. Shilpi Cable Technologies IPO would remain open for subscription from Tuesday, March 22, 2011 and Friday, March 25, 2011

Shilpi Cable Technologies Limited is engaged in the business of manufacturing Radio frequency (RF) cables, widely used in telecom, automobile and power sectors

Stay tuned for the latest updates on Shilpi Cable Technologies IPO!

Lovable Lingerie IPO Allotment Status for ASBA Applicants

March 21, 2011 0
Lovable Lingerie IPO Allotment Status for ASBA Applicants
Lovable Lingerie IPO Allotment Status can be ascertained by ASBA Applicants by checking their respective bank accounts since the amount for the number of shares allotted would be debited in the account

Check back Indian IPO Blog for latest updates on Lovable Lingerie IPO!

Shilpi Cable Technologies IPO - Objects to the Issue

March 21, 2011 0
Shilpi Cable Technologies IPO - Objects to the Issue
Shilpi Cable Technologies IPO would remain open for subscription from Tuesday, March 22, 2011 and Friday, March 25, 2011. The object of the issue are to meet the expenses of the issue, general corporate purposes and to raise funds for meeting:
  • Capital expenditure on Cable/ wire assembly shop, on tools for 3G enabling, on augmenting cable manufacturing capabilities;
  • Long term working capital requirement for the proposed new businesses;
  • Investment in the Subsidiary of the Company, M/s Shilpi Cabletronics Ltd;

Sunday, March 20, 2011

Lovable Lingerie IPO Allotment Status

March 20, 2011 0
Lovable Lingerie IPO Allotment Status
Lovable Lingerie IPO Allotment Status is expected to be declared online soon. Check back here for the latest updates on Lovable Lingerie IPO Allotment Status!

Lovable Lingeries Ltd is one of India's leading women's innerwear manufacturers, with products including brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products. The Issue would constitute 27.08% of the post issue paid-up capital of the company. The company plans to use the proceeds from the IPO for a manufacturing facility, brand promotion and retail expansion

Lovable Lingerie IPO concluded with a staggering subscription figure of 35.21 times on an overall basis. The IPO, which was bleakly subscribed in the first two days of its opening, gained solid support from all three categories of investors on the closing day of the IPO. Click here for more on Lovable Lingerie IPO!

Updates: 
- Lovable Lingerie IPO Allotment Status for ASBA Applicants declared
- Lovable Lingerie IPO Allotment Status declared
- Lovable Lingerie IPO Issue Price fixed at the upper end of price band

Saturday, March 19, 2011

Shilpi Cable Technologies IPO | Shilpi Cable Technologies IPO to open from Tuesday, March 22, 2011

March 19, 2011 0
Shilpi Cable Technologies IPO | Shilpi Cable Technologies IPO to open from Tuesday, March 22, 2011
Shilpi Cable Technologies is entering capital markets with its IPO of Equity Shares, having a Face Value of Rs.10/- each through a 100% Book Built Issue. The IPO would remain open for subscription from Tuesday, March 22, 2011 and Friday, March 25, 2011

Shilpi Cable Technologies Limited is engaged in the business of manufacturing Radio frequency (RF) cables, widely used in telecom, automobile and power sectors

Stay tuned for the latest updates on Shilpi Cable Technologies IPO!

Friday, March 18, 2011

PTC India Financial Services (PFS) IPO finally subscribed 1.70 times

March 18, 2011 0
PTC India Financial Services (PFS) IPO finally subscribed 1.70 times
PTC India Financial Services (PFS) IPO, which closed for subscription today, has finally managed to attain full subscription with the IPO getting subscribed 1.70 times on an overall basis

The QIB portion of the issue is bid 2.85 times, whereas the response from the Retail Category has been quite average at 1.18 times. The HNI Investors have not shown keen interest in the IPO

PTC India Financial Services (PFS) IPO was rated by Credit Analysis and Research (CARE) Limited, ICRA Limited and Credit Rating Information Services of India (CRISIL) Limited. Check out the links given below to view PTC India Financial Services (PFS) IPO Ratings

PTC India Financial Services (PFS) IPO Ratings:
- PTC India Financial Services (PFS) IPO Rating from CRISIL
- PTC India Financial Services (PFS) IPO Rating from CARE
- PTC India Financial Services (PFS) IPO - ICRA Rating

PTC India Financial Services (PFS) IPO Final Subscription Status

March 18, 2011 0
PTC India Financial Services (PFS) IPO Final Subscription Status

PTC India Financial Services (PFS) IPO subscribed 1.62 times till 4 PM

March 18, 2011 0
PTC India Financial Services (PFS) IPO subscribed 1.62 times till 4 PM
PTC India Financial Services (PFS) IPO has managed to gather full subscription and is now subscribed 1.62 times on an overall basis till 4 PM on Friday, March 18, 2011

PTC India Financial Services (PFS) IPO is offered in a price band of Rs.26/- to Rs.28/- per equity share for shares having a Face Value of Rs.10/- each. The subscription to the IPO has remained average so far despite a discount of Re.1/- being offered to the Retail Investors on the final issue price

Stay tuned for latest updates on the IPO!

PTC India Financial Services IPO Bidding Status till 1PM on closing day

March 18, 2011 0
PTC India Financial Services IPO Bidding Status till 1PM on closing day
The IPO of PTC India Financial Services is subscribed about 0.39 times on an overall basis, as per the data available on the NSE website till 1PM. The IPO, which closes for subscription today, has received poor response on the first two days of its opening. The response from the Retail Category has also not been too keen with the subscription in the category still short of about 30% till 1PM

PTC India Financial Services Ltd (PFS) is an Indian non-banking financial institution and a subsidiary of and promoted by PTC India Limited

Stay tuned for latest updates on the PFS IPO Subscription Status!

PTC India Financial Services (PFS) IPO bid 0.33 times till 12PM on the closing day

March 18, 2011 0
PTC India Financial Services (PFS) IPO bid 0.33 times till 12PM on the closing day
PTC India Financial Services (PFS) IPO has been subscribed 33% on an overall basis till 12PM on the closing day, as per the data available on the NSE website

PTC India Financial Services (PFS) IPO has been rated by Credit Analysis and Research (CARE) Limited, ICRA Limited and Credit Rating Information Services of India (CRISIL) Limited. Check out the links given below to view PTC India Financial Services (PFS) IPO Ratings

PTC India Financial Services (PFS) IPO Ratings:
- PTC India Financial Services (PFS) IPO Rating from CRISIL
- PTC India Financial Services (PFS) IPO Rating from CARE
- PTC India Financial Services (PFS) IPO - ICRA Rating

Thursday, March 17, 2011

PTC India Financial Services (PFS) IPO bid 8% till Day 2

March 17, 2011 0
PTC India Financial Services (PFS) IPO bid 8% till Day 2
PTC India Financial Services (PFS) IPO, which has opened for subscription from yesterday, March 16, 2011, has not managed to garner respectable subscription, atleast until the second day of its opening. The IPO has been subscribed by a tiny 0.08 times on an overall basis till Thursday, March 17, 2011

The Retail Category, which is offered a discount of Re.1/- per share on the final issue price, is the only category that has seen close to 19% subscription till now, with the subscriptions in the other two categories remaining negligible by far

PTC India Financial Services (PFS) IPO is offered in a Price Band of Rs.26/- to Rs.28/- per equity share with a Bid Lot of 250 Equity Shares and in multiples thereof. The IPO has been rated by credit rating agencies CRISIL, CARE and ICRA

Check back Indian IPO Blog for regular updates on PTC India Financial Services (PFS) IPO subscription status!

PTC India Financial Services (PFS) IPO Bidding Status on Day 2

March 17, 2011 0
PTC India Financial Services (PFS) IPO Bidding Status on Day 2

PTC India Financial Services (PFS) IPO remains scarcely bid on second day as well

March 17, 2011 0
PTC India Financial Services (PFS) IPO remains scarcely bid on second day as well
PTC India Financial Services (PFS) IPO has failed to drive the investors' interest on second day as well with the IPO bid only close to 7% on an overall basis till 5 PM on Day 2, March 17, 2011, as per the data available on the NSE website

PTC India Financial Services (PFS) IPO is offered in a price band of Rs.26/- to Rs.28/- per equity share for shares having a Face Value of Rs.10/- each. The subscription to the IPO has remained poor so far despite a discount of Re.1/- being offered to the Retail Investors on the final issue price

PTC India Financial Services (PFS) IPO would close for subscription tomorrow on March 18, 2011, on which date it would be interesting to see the response of the investors

Check back Indian IPO Blog for the latest updates on PTC India Financial Services (PFS) IPO subscription status!

State Bank of India (SBI) Bonds 2011 - Allotment Status (SBI Bonds 2011 Tranche 1)

March 17, 2011 0
State Bank of India (SBI) Bonds 2011 - Allotment Status (SBI Bonds 2011 Tranche 1)

PTC India Financial Services IPO bid 0.04 times till 2 PM on second day

March 17, 2011 0
PTC India Financial Services IPO bid 0.04 times till 2 PM on second day
PTC India Financial Services IPO, which opened for subscription yesterday on March 16, 2011 has not managed to attract investors' keen interest till now with the IPO getting bid just about 0.04 times or 4% on an overall basis as per data available on the NSE website till Thursday, March 17, 2011 1400 hrs IST

PTC India Financial Services Limited has entered the capital market with a public issue of 156,700,000 Equity Shares of Rs.10 each consisting of a fresh issue of 127,500,000 Equity Shares by the Company and an offer for sale of 29,200,000 Equity Shares by Macquarie India Holdings Limited. The IPO would remain open for subscription till tomorrow, March 18, 2011

Check back Indian IPO Blog for the latest subscription status updates on PTC India Financial Services IPO!

PTC India Financial Services (PFS) IPO Ratings | CRISIL Rating | CARE Rating | ICRA Rating

March 17, 2011 0
PTC India Financial Services (PFS) IPO Ratings | CRISIL Rating | CARE Rating | ICRA Rating
PTC India Financial Services (PFS) IPO has been rated by Credit Analysis and Research (CARE) Limited, ICRA Limited and Credit Rating Information Services of India (CRISIL) Limited. Check out the links given below to view PTC India Financial Services (PFS) IPO Ratings

PTC India Financial Services Limited is entering the capital market with a public issue of 156,700,000 Equity Shares of Rs.10 each consisting of a fresh issue of 127,500,000 Equity Shares by the Company and an offer for sale of 29,200,000 Equity Shares by Macquarie India Holdings Limited

PTC India Financial Services (PFS) IPO Ratings:
- PTC India Financial Services (PFS) IPO Rating from CRISIL
- PTC India Financial Services (PFS) IPO Rating from CARE
- PTC India Financial Services (PFS) IPO - ICRA Rating

PTC India Financial Services (PFS) IPO - ICRA Rating

March 17, 2011 0
PTC India Financial Services (PFS) IPO - ICRA Rating
The IPO of PTC India Financial Services (PFS) Ltd., subsidiary of PTC India Ltd.,has been rated by credit rating agencies CARE, ICRA and CRISIL. Credit Rating Agency ICRA has assigned an IPO Grade 4/5 to the IPO indicating Above Average Fundamentals

ICRA assigns IPO Grades on a scale of IPO Grade 1 to IPO Grade 5 with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals

PTC India Financial Services Limited is entering the capital market with a public issue of 156,700,000 Equity Shares of Rs.10 each consisting of a fresh issue of 127,500,000 Equity Shares by the Company and an offer for sale of 29,200,000 Equity Shares by Macquarie India Holdings Limited in a Price Band of Rs.26/- to Rs.28/- per equity share. A discount of Re.1 on the Issue Price will be offered to Retail Individual Bidders upon Allotment

Stay tuned to Indian IPO Blog for regular updates on PTC India Financial Services (PFS) IPO!

PTC India Financial Services (PFS) IPO Rating from CARE

March 17, 2011 0
PTC India Financial Services (PFS) IPO Rating from CARE
CARE has assigned an IPO Grade 4/5 to the Initial Public Offer (IPO) of PTC India Financial Services Limited (PFS). The grade indicates that the fundamentals of the IPO are "Above Average" relative to other listed equity securities in India. CARE assigns IPO grades on a scale of IPO Grade 1 to IPO Grade 5 with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals

PTC India Financial Services Limited (PFS) is a subsidary of PTC India and is a systematically important non-deposit taking NBFC engaged in the business of making equity investments, providing debt financing, carbon credit financing, fee-based syndication and advisory services exclusively to the power sector

Stay tuned for IPO Dates and more on PTC India Financial Services IPO!

Wednesday, March 16, 2011

PTC India Financial Services IPO low on subscription on Day 1

March 16, 2011 0
PTC India Financial Services IPO low on subscription on Day 1
The opening day of the IPO of the financial arm of PTC India, the PTC India Financial Services Ltd., saw a dull response to the IPO, with the subscription figure remaining negligible at 2% on an overall basis

PTC India Financial Services Ltd (PFS) is a subsidiary of and promoted by PTC India Limited. PFS is an Indian non-banking financial institution that provides equity and debt financing, including short-term and long-term debt, as well as structured debt financing. PTC India holds 77.6% stake in PTC India Financial Services, while Macquarie India Holdings Ltd and Goldman Sachs hold 11.2% each in the company

The IPO has not managed to receive any subscription from the QIB Category on the opening day and bids for 2487250 Equity Shares in the Retail Category as against 54845000 Equity Shares reserved in the category, thus making the category subscribed by about 4.5%. The subscription in the HNI Category is negligible at 0.0015 times

Click here for category-wise subscription status for PFS IPO on the opening day


PTC India Financial Services (PFS) IPO Subscription Status on Day 1

March 16, 2011 0
PTC India Financial Services (PFS) IPO Subscription Status on Day 1

PTC India Financial Services IPO - Discount to Retail Category

March 16, 2011 0
PTC India Financial Services IPO - Discount to Retail Category
The price band for the IPO of PTC India Financial Services (PFS), which opened for subscription today, was fixed at Rs.26/- to Rs.28/- per equity share. The Retail Category of Investors would be offered a discount of Re.1/- per share on the final issue price

PTC India Financial Services IPO consists of 156,700,000 Equity Shares Of Rs 10/- Each (including Anchor Portion of 23,505,000 equity shares)

According to the company's website, PTC India Financial Services Ltd (PFS) is promoted by PTC India Ltd (PTC) as a special purpose investment vehicle to provide total financial services to the entities in energy value chain, which inter-alia includes investing in equity and/or extending debt to power projects in generation, transmission, distribution; fuel sources, fuel related infrastructure like gas pipelines, LNG terminals, ports, equipment manufacturers and EPC contractors etc. PFS also provides non-fund based financial services adding value to green field and brown field projects at various stages of growth and development

PTC India Financial Services IPO Reference Table (Retail Category)

March 16, 2011 0
PTC India Financial Services IPO Reference Table (Retail Category)
Price Band: Rs.26/- to Rs.28/- per equity share
(Discount of Re.1/- to Retail Investors on Final Issue Price)

Bid Lot: 250 Equity Shares and in multiples thereof



Stage of  No. of Sh Amount (Rs.)
Application

1 250 7000
2 500 14000
3 750 21000
4 1000 28000
5 1250 35000
6 1500 42000
7 1750 49000
8 2000 56000
9 2250 63000
10 2500 70000
11 2750 77000
12 3000 84000
13 3250 91000
14 3500 98000
15 3750 105000
16 4000 112000
17 4250 119000
18 4500 126000
19 4750 133000
20 5000 140000
21 5250 147000
22 5500 154000
23 5750 161000
24 6000 168000
25 6250 175000
26 6500 182000
27 6750 189000
28 7000 196000

PTC India Financial Services IPO - Bid Lot

March 16, 2011 0
PTC India Financial Services IPO - Bid Lot
The bid lot for PTC India Financial Services IPO, which opened for subscription today, is fixed at 250 Equity Shares and in multiples thereof. The Price Band was earlier set at Rs.26/- to Rs.28/- per equity share for shares having a Face Value of Rs.10/- each

PTC India Financial Services Ltd (PFS) is a subsidiary of and promoted by PTC India Limited. PFS is an Indian non-banking financial institution that provides equity and debt financing, including short-term and long-term debt, as well as structured debt financing

Check back Indian IPO Blog for the latest updates on PTC India Financial Services IPO!

Tuesday, March 15, 2011

PTC India Financial Services (PFS) IPO - Objects to the Issue

March 15, 2011 0
PTC India Financial Services (PFS) IPO - Objects to the Issue
PTC India Financial Services (PFS) IPO would remain open for subscription between Wednesday, March 16, 2011 and Friday, March 18, 2011

The objects of the Issue are to achieve the benefits of listing on Stock Exchanges and:
1. To augment capital base to meet future capital requirements arising out of growth in business;
2. To meet Public issue expenses


Monday, March 14, 2011

PTC India Financial Services (PFS) IPO Price Band

March 14, 2011 0
PTC India Financial Services (PFS) IPO Price Band
PTC India Financial Services (PFS) IPO Price Band is set at Rs.26/- to Rs.28/- per equity share, for each share having a Face Value of Rs.10/- each. The IPO of PTC India Financial Services (PFS) Ltd. is scheduled to open from Wednesday, March 16, 2011.

The IPO, which would consist of 156,700,000 Equity Shares of Rs.10/- each, would remain open for subscription till Friday, March 18, 2011

PTC India Financial Services Ltd (PFS) is a subsidiary of and promoted by PTC India Limited. PFS is an Indian non-banking financial institution that provides equity and debt financing, including short-term and long-term debt, as well as structured debt financing

Sunday, March 13, 2011

Super Religare Laboratories to come up with an IPO

March 13, 2011 0
Super Religare Laboratories to come up with an IPO
Super Religare Laboratories (formerly SRL Ranbaxy), is planning to come up with an IPO of 2.8 crore Equity Shares having a Face Value of Rs.10/- each. Super Religare is one of the leading diagnostics services companies in India. SRL provides service in the field of Laboratory Medicine and Clinical Trials in India as well as in our neighboring Asian countries

The issue shall constitute 35% of the fully diluted post-issue paid up capital of the company. Nomura Financial Advisory & Securities (India) Pvt Ltd, Kotak Mahindra Capital Company Limited and Religare Capital Markets Limited are the Book Running Lead Managers to the issue

Check back Indian IPO Blog for the latest updates on Super Religare Laboratories IPO!

Saturday, March 12, 2011

PTC India Financial Services (PFS) IPO | PFS IPO to open from Wednesday, March 16, 2011

March 12, 2011 0
PTC India Financial Services (PFS) IPO | PFS IPO to open from Wednesday, March 16, 2011
The IPO of PTC India Financial Services (PFS) Ltd. is scheduled to open from Wednesday, March 16, 2011. The IPO, which would consist of 156,700,000 Equity Shares of Rs.10/- each, has been rated with an IPO Grade 3/5 by credit rating agency CRISIL. The IPO would remain open till Friday, March 18, 2011

PTC India Financial Services Ltd (PFS) is a subsidiary of and promoted by PTC India Limited. PFS is an Indian non-banking financial institution that provides equity and debt financing, including short-term and long-term debt, as well as structured debt financing

According to the company's website, PTC India Financial Services Ltd (PFS) is promoted by PTC India Ltd (PTC) as a special purpose investment vehicle to provide total financial services to the entities in energy value chain, which inter-alia includes investing in equity and/or extending debt to power projects in generation, transmission, distribution; fuel sources, fuel related infrastructure like gas pipelines, LNG terminals, ports, equipment manufacturers and EPC contractors etc.

PFS also provides non-fund based financial services adding value to green field and brown field projects at various stages of growth and development

Check back Indian IPO Blog for PTC India Financial Services (PFS) Ltd. IPO Price Band, Bid Lot and other details on PFS IPO!

Friday, March 11, 2011

Fineotex Chemical Limited sees a dream debut, closes listing day with a staggering premium

March 11, 2011 0
Fineotex Chemical Limited sees a dream debut, closes listing day with a staggering  premium
The shares of Fineotex Chemical Limited listed on the exchanges today with a bang. Although the share opened at Rs.80/- on the BSE as against an Issue Price of Rs.70/- per share, the price rocketed to levels more than Rs.130 and reached a high of Rs.157.90 during the day, i.e. a stunning premium of 125.5% over the Issue Price. Fineotex Chemical finally closed the listing day at Rs.140.90 a share, at a huge premium of 101.29% over the Issue Price

Fineotex Chemical is in the business of manufacturing specialty chemicals and enzymes consumed by the textile and garment industry, leather, water treatment, construction, paper, paint, adhesives, agrochemical and other industries

Fineotex Chemical saw huge buying interest in the second half of the listing day trade. The hefty premium over the issue price becomes interesting to note particularly in view of the fact that the IPO had received a pretty mediocre response from the investors with subscription figure standing just at 1.57 times on an overall basis

Sudar Garments IPO closes listing day with 47% premium

March 11, 2011 0
Sudar Garments IPO closes listing day with 47% premium
Sudar Garments IPO, which interestingly opened below at Rs.74/- on the BSE below its issue price of Rs.77/- per share, went on to touch Rs.117.70 as the Intra-day High on the BSE and finally closed the listing day at a handsome premium of 47% over its Issue Price

The share touched an Intra-day low of Rs.74/- on the BSE, which was the opening price as well. The Total Traded Quantity of the shares on the listing day was 342.73 Lakhs with Total Traded Value at Rs.347.23 Crs. on the Listing Day on the BSE

Sudar Garments Limited is a leading manufacturer and exporter for readymade garments specialized in elegant Shirts, Trousers and wide range of apparel for Men, Women & Kids. 

Lovable Lingerie IPO receives a lovable response from investors

March 11, 2011 0
Lovable Lingerie IPO receives a lovable response from investors
It seems that Lovable Lingerie Ltd. has somehow managed to receive all the love from investors, at least as far as their Initial Public Offering goes. Lovable Lingerie IPO, which closed for subscription today, has concluded with a staggering subscription figure of 35.21 times on an overall basis. The IPO, which was bleakly subscribed in the first two days of its opening, has gained solid support from all three categories of investors

Lovable Lingerie IPO was subscribed 21.87 times in the QIB Category till Thursday, March 10, 2011 which was the closing day for subscribers in that category. Moreover, the IPO has gained keen attention of the other two categories as well with subscription in the HNI Category towering close to almost 100 times. The Retail oversubscription has also rocketed on the closing day with the subscription in the category standing at 20.84 times

Lovable Lingeries Ltd is one of India's leading women's innerwear manufacturers, with products including brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products. The Issue would constitute 27.08% of the post issue paid-up capital of the company. The company plans to use the proceeds from the IPO for a manufacturing facility, brand promotion and retail expansion

Lovable Lingerie IPO Final Subscription Status

March 11, 2011 0
Lovable Lingerie IPO Final Subscription Status

Lovable Lingerie IPO overbid by an amazing 34.5 times

March 11, 2011 0
Lovable Lingerie IPO overbid by an amazing 34.5 times
Lovable Lingerie IPO has been gaining momentum with its subscription, the IPO being subscribed now about 34.59 times till 5 PM as per data available on the NSE website

Lovable Lingeries Ltd is one of India's leading women's innerwear manufacturers, with products including brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products. The Issue would constitute 27.08% of the post issue paid-up capital of the company. The company plans to use the proceeds from the IPO for a manufacturing facility, brand promotion and retail expansion

Stay tuned to Indian IPO Blog for more on Lovable Lingerie IPO!

Lovable Lingeries IPO gathering colossal response, now overbid close to 34 times

March 11, 2011 0
Lovable Lingeries IPO gathering colossal response, now overbid close to 34 times
Lovable Lingeries IPO has been receiving a wonderful response and is now oversubscribed by about 33.84 times on an overall basis as per the data available on the NSE website till March 11, 2011 1600 hrs IST

The subscription from the Retail category has also blasted on the closing day with the category bid more than 12 times till 4PM as per data available on the NSE website

Stay tuned to Indian IPO Blog for latest subscription status updates!

Lovable Lingeries IPO subscribed about 11 times till 11AM on the closing day

March 11, 2011 0
Lovable Lingeries IPO subscribed about 11 times till 11AM on the closing day
Lovable Lingeries IPO has been receiving a good response since yesterday, when the IPO closed for subscription for QIB Investors and the IPO is now bid more than 11 times on an overall basis as per data available on the NSE website till March 11, 2011 1100 hrs IST. The response from the Retail Category has also been augmenting with the Retail Category also overbid more than 2.5 times till now

Lovable Lingeries IPO closes for subscription today and the subscription is expected to increase as the day goes further, especially in the Retail Category. Stay tuned to Indian IPO Blog for regular subscription status updates on the IPO throughout the day

Thursday, March 10, 2011

Lovable Lingeries IPO witnesses remarkable subscription boost, overbid 10.64 times already till Day 3

March 10, 2011 0
Lovable Lingeries IPO witnesses remarkable subscription boost, overbid 10.64 times already till Day 3
Lovable Lingeries IPO has received an astonishing response on Day 3 of its opening, which was the last day for QIB Investors, the IPO being overbid 10.64 times on an overall basis. The IPO has received solid support from the QIB Category with subscription in the category at about 21.87 times

Earlier, credit rating agency CARE had assigned an IPO Grade 3 to Lovable Lingeries Ltd IPO. This means that as per CARE, the company has 'Average Fundamentals'. CARE assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals

Lovable Lingeries Ltd is one of India's leading women's innerwear manufacturers, with products including brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products. The Issue would constitute 27.08% of the post issue paid-up capital of the company. The company plans to use the proceeds from the IPO for a manufacturing facility, brand promotion and retail expansion

Stay tuned to Indian IPO Blog for regular subscription status updates on the IPO throughout the closing day!

Lovable Lingeries IPO Subscription Status till Day 3, March 10, 2011

March 10, 2011 0
Lovable Lingeries IPO Subscription Status till Day 3, March 10, 2011

Lovable Lingeries IPO subscribed more than 10 times till 4 PM on March 10, 2011

March 10, 2011 0
Lovable Lingeries IPO subscribed more than 10 times till 4 PM on March 10, 2011
Lovable Lingeries IPO has witnessed a remarkable boost in its subscription on the closing day for QIB Investors, with the IPO subscribed more than 10 times on an overall basis till Thursday, March 10, 2011, 1600 hrs IST. The IPO would close for subscription for other investors tomorrow on Friday, March 11, 2011

CARE has assigned an IPO Grade 3 to Lovable Lingeries Ltd IPO. This means that as per CARE, the company has 'Average Fundamentals'

CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CARE IPO Grading Document for Lovable Lingeries Ltd.

Check back Indian IPO Blog for the latest subscription status updates!

VRL Logistics IPO gets IPO Grade 3

March 10, 2011 0
VRL Logistics IPO gets IPO Grade 3
VRL Logistics IPO has received an IPO Grade 3/5 from credit rating agency CRISIL Equities, which indicates that the fundamentals of the IPO are average relative to other listed equity securities in India

VRL is a transportation and logistics service provider based in Hubli, Karnataka. It is the largest private sector owner of commercial vehicles. VRL operates goods transportation services across 534 cities in 20 states and six union territories, supported by a strong network 436 self-owned branches and 423 exclusive franchise offices

Stay tuned for latest updates on VRL Logistics IPO!

Acropetal Technologies opens at a premium of 44%

March 10, 2011 0
Acropetal Technologies opens at a premium of 44%
Acropetal Technologies, which listed on the exchanges today, opened at a hefty premium of Rs.40/- per share or 44.44% over its issue price of Rs.90/- per equity share. Acropetal listed at Rs.130/- and touched an Intra-day High of Rs.150/- on the BSE, a premium of 67% over the issue price

Acropetal Technologies IPO closed for subscription on Thursday, February 24, 2011 and was finally subscribed 1.28 times on an overall basis and 1.21 times in the Retail Category

Stay tuned to Indian IPO Blog for the latest on Acropetal Technologies Listing Day updates!

Lovable Lingeries IPO closes for QIB today, subscription weak at 0.37 times till the second day

March 10, 2011 0
Lovable Lingeries IPO closes for QIB today, subscription weak at 0.37 times till the second day
Lovable Lingeries IPO, which has opened for subscription yesterday on Tuesday, March 08, 2011 has received a frail response till Day 2 with the IPO bid only 37% till the second day

The IPO has seen a poor support from the QIB and HNI Investors so far with the categories getting subscribed just about 0.13 times and 0.10 times respectively. The Retail Category has also been subscribed just short of three quarters at 0.73 times

Lovable Lingeries Ltd is one of India's leading women's innerwear manufacturers, with products including brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products. The IPO would close for subscription today for QIB Investors and for other investors, the IPO would close tomorrow, i.e. on Friday, March 11, 2011

Tuesday, March 8, 2011

Lovable Lingeries IPO sees dry response on the opening day

March 08, 2011 0
Lovable Lingeries IPO sees dry response on the opening day
Lovable Lingeries IPO, which opened for subscription from today, March 08, 2011, has received a rather fragile response on its opening day with the IPO getting bid just about 7% till 5PM on Day 1

Lovable Lingeries IPO would remain open for subscription till Thursday, March 10, 2011 for QIB Investors and till Friday, March 11, 2011 for all other categories of investors. Check back this post for category-wise subscription status on Day 1

The IPO has been assigned an IPO Grade 3/5 by credit rating agency CARE, which indicates that the company has relatively "Average" fundamentals. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CARE IPO Grading Document for Lovable Lingeries Ltd.

Lovable Lingeries IPO Rating from CARE

March 08, 2011 0
Lovable Lingeries IPO Rating from CARE
CARE has assigned an IPO Grade 3 to Lovable Lingeries Ltd IPO. This means that as per CARE, the company has 'Average Fundamentals'

CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CARE IPO Grading Document for Lovable Lingeries Ltd.

Lovable Lingeries Ltd. IPO would remain open for subscription between Tuesday, March 8, 2011 and Friday, March 11, 2011

Monday, March 7, 2011

Saturday, March 5, 2011

Lovable Lingeries IPO Price Band announced

March 05, 2011 0
Lovable Lingeries IPO Price Band announced
The price band for the upcoming IPO of Lovable Lingeries is fixed at Rs.195/- to Rs.205/- per equity share. The IPO, which would consist of 4,550,000 Equity Shares, having a Face Value of Rs.10/- each, would remain open for subscription between Tuesday, March 8, 2011 and Friday, March 11, 2011

Lovable Lingeries Ltd.'s products include brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products. The Issue would constitute 27.08% of the post issue paid-up capital of the company. The company plans to use the proceeds from the IPO for a manufacturing facility, brand promotion and retail expansion

Stay tuned for the latest updates on Lovable Lingeries IPO!

PTC India Financial Services (PFS) IPO Rating from CRISIL

March 05, 2011 0
PTC India Financial Services (PFS) IPO Rating from CRISIL
CRISIL has assigned an IPO Grade 3/5 to the proposed Initial Public Offer (IPO) of PTC India Financial Services Limited (PFS). The grade indicates that the fundamentals of the IPO are "Average" relative to other listed equity securities in India

CRISIL assigns IPO grades on a scale of IPO Grade 1 to IPO Grade 5 with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals

PTC India Financial Services Limited (PFS) is a subsidary of PTC India and is a systematically important non-deposit taking NBFC engaged in the business of making equity investments, providing debt financing, carbon credit financing, fee-based syndication and advisory services exclusively to the power sector

Stay tuned for IPO Dates and more on PTC India Financial Services IPO!

ONGC FPO to open in next financial year

March 05, 2011 0
ONGC FPO to open in next financial year
Oil & Natural Gas Corporation (ONGC) is coming up with an FPO, which has been postponed to next financial year from its earlier scheduled date.

The FPO proceeds will form a part of the divestment target of Rs.40,000 crore for Financial Year 2011-12, the expectation from the FPO being Rs.10,800 crore

ONGC is involved in exploring for and exploiting hydrocarbons in sedimentary basins of India. It owns and operates more than 11,000 kilometres of pipelines in India. ONGC contributes significantly to India's crude oil production and natural gas production

Tuesday, March 1, 2011

Lovable Lingeries IPO opens from March 8, 2011

March 01, 2011 0
Lovable Lingeries IPO opens from March 8, 2011
Lovable Lingeries Ltd., one of India's leading women's innerwear manufacturers, is coming up with an Initial Public Offer (IPO) of 4,550,000 Equity Shares, having a Face Value of Rs.10/- each

Lovable Lingeries Ltd.'s products include brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products. Lovable Lingeries IPO would open for subscription from Tuesday, March 8, 2011 and would remain open for subscription till Friday, March 11, 2011

Check back Indian IPO Blog for the latest updates on Lovable Lingeries Ltd. IPO!

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