Click here to check your status
Wednesday, December 27, 2017
Astron Paper IPO Allotment Status
Click here to check your status
Tuesday, December 19, 2017
Astron Paper IPO receives warm response, closes tomorrow
The detailed subscription status till Dec 19, 2017 is given below :
QIB: 5.74 times
HNI: 1.15 times
Retail: 33.57 times
Employees: 1.59 times
Overall: 12.39 times
Sunday, December 17, 2017
Astron Paper IPO - Objects to the issue
1. Setting up of additional facility for manufacturing of lower GSM and lower B.F Kraft Paper,
2. Part repayment of unsecured loan,
3. Funding the working capital requirements and
4. General corporate purposes.
Astron Paper and Board Mill IPO Details
IPO closes on: Dec 20, 2017
Issue Size: 14,000,000 Equity Shares of Rs.10/- each
Price Band: Rs.45 to Rs.50 per equity share
Bid Lot: 280 Equity shares and in multiples thereof
Listing at: BSE and NSE
Wednesday, November 29, 2017
Shalby Limited IPO Price Band and Minimum Amount
Shalby Limited is Ahmedabad, Gujrat based one of the leading multi-specialty chain of hospitals in India. Company provides inpatient and outpatient healthcare services through 8 fully operational hospitals with an aggregate operational bed count of 781 beds. Company also provides outpatient consultative healthcare services through 3 hospitals and 68 Outpatient Clinics. Company has 8 shared surgery centers within third party hospitals.
Shalby hospitals are well known for its orthopaedic services. Shalby Hospital had a 15% market share of all joint replacement surgeries conducted by private corporate hospitals in India in 2016. Apart from a focus on orthopaedics, Shalby hospitals provide advanced levels of care across various specialties such as neurology, cardiac care, critical care, oncology, and nephrology
Monday, November 27, 2017
Shalby IPO Details
Wednesday, November 22, 2017
Bharat 22 ETF - List of stocks and composition
Bharat 22 ETF Portfolio composition
ITC = 15.20%
State Bank of India = 8.60%
Power Grid = 7.90%
Axis Bank = 7.70%
NTPC = 6.70%
ONGC = 5.30%
Indian Oil Corp. = 4.40%
Bharat Petroleum = 4.40%
NALCO = 4.40%
Coal India = 3.30%
Bharat Electronics = 3.30%
Engineers India = 1.50%
Bank of Baroda = 1.40%
REC = 1.30%
NHPC = 1.20%
Power Finance = 1%
NBCC = 0.60%
NLC India = 0.30%
Indian Bank = 0.20%
SJVN = 0.20%
Wipro Buyback Offer Letter
Wipro offer letter
20.21. Procedure to be followed by Equity Shareholders holding Equity Shares in the dematerialised form
20.21.1. Eligible Shareholders who desire to tender their Equity Shares in the electronic form
under Buyback would have to do so through their respective Stock Broker by indicating to
their Stock Broker the details of Equity Shares they intend to tender under the Buyback.
20.21.2. The Stock Broker would be required to place an order/ bid on behalf of the Eligible Shareholders who wish to tender Equity Shares in the Buyback using the acquisition window of the Stock Exchanges. Before placing the bid, the Eligible Shareholder would be required to transfer the tendered Equity Shares to the special account of the Indian Clearing Corporation Limited or the National Securities Clearing Corporation Limited, as applicable, by using the early pay in mechanism of the Depository prior to placing the order/ bid on the platform of the Stock Exchanges by the Stock Broker.
For further details,
Eligible Shareholders may refer to the circulars issued by the Stock Exchange/ Clearing
Corporation.
20.21.3. The details of the settlement number of the special account of the Clearing Corporation under which the Equity Shares are to be transferred in the account of Clearing Corporation for the Buyback will be provided in a separate circular to be issued by the Clearing Corporation.
20.21.4. For custodian participant orders for demat Equity Shares early pay-in is mandatory prior
to confirmation of order/bid by custodian. The custodian shall either confirm or reject the
orders not later than the closing of trading hours (i.e., 3:30 p.m.) on the last day of the
Tendering Period (i.e., the Buyback Closing Date). Thereafter, all unconfirmed orders
shall be deemed to be rejected.
For all confirmed custodian participant orders, order modification shall revoke the custodian confirmation and the revised order shall be sent to the custodian again for confirmation.
20.21.5. Upon placing the bid, the Stock Broker shall provide a TRS generated by the exchange
bidding system to the Eligible Shareholder. TRS will contain the details of order submitted
like bid ID number, application number, DP ID, client ID, number of Equity Shares
tendered, etc.
20.21.6. Eligible Shareholders shall also provide all relevant documents, which are necessary to ensure transferability of the Equity Shares in respect of the Tender Form to be sent. Such documents may include (but not be limited to):
20.21.6.1 Duly attested power of attorney, if any person other than the Eligible Shareholder has signed the Tender Form;
20.21.6.2 Duly attested death certificate and succession certificate/ legal heirship certificate, in case any Eligible Shareholder has expired; and
20.21.6.3 In case of companies, the necessary certified corporate authorizations (including board
and/or general meeting resolutions).
20.21.7. IN CASE OF DEMAT EQUITY SHARES, SUBMISSION OF TENDER FORM AND TRS IS NOT REQUIRED. After the receipt of the demat Equity Shares by the Clearing Corporation and a valid bid in the exchange bidding system, the Eligible Shareholders holding Equity Shares in demat form have successfully tendered the Equity Shares in the Buyback.
20.21.8. The cumulative quantity tendered shall be made available on the website of the Stock Exchanges throughout the trading sessions and will be updated at specific intervals during the Tendering Period.
20.21.9. The Eligible Shareholders will have to ensure that they keep the DP account active and unblocked to receive credit in case of return of Equity Shares due to rejection or due to prorated Buyback decided by the Company.
Further, Eligible Shareholders will have to
ensure that they keep the savings bank account attached with the DP account active and
updated to receive credit remittance due to Acceptance of Buyback of shares by the company
Tuesday, November 21, 2017
Bharat22 Expected Allotment Price and Listing Date
HDFC Standard Life zooms within 3 days post listing
The stock of HDFC Life had jumped 44.44% to the record high of Rs 418.9 from the issue price of Rs 290 after opening little higher at Rs 356.4 on NSE today. On the first day of trading, followed by massive listing gains and a very high demand for HDFC Standard Life shares, the scrip emerged as the volume topper on both BSE and NSE. The stock was trading up 29.05% at Rs 384.4 on NSE today.
Wednesday, November 15, 2017
HDFC Standard Life Allotment status expected soon
HDFC Standard Life Insurance Co. Ltd. IPO basis of allotment has been approved by Exchanges. The allotment status is expected to be declared soon
Check back here for more on HDFC Standard Life IPO Allotment status
HDFC Standard Life IPO Final Subscription:
Retail: 0.8169x
HNI: 1.8731x
Listing Date: Friday 17-Nov-2017 (Subject to exchange approval)
Wednesday, November 8, 2017
Tuesday, November 7, 2017
Thursday, November 2, 2017
Wednesday, November 1, 2017
Friday, October 27, 2017
Thursday, October 26, 2017
Wednesday, October 25, 2017
Tuesday, October 24, 2017
New India Assurance (NIA) Rs.10000 Crore IPO hitting streets soon
NIA is the market leadership in the general insurance industry in India across the segments except crop insurance.
Monday, October 23, 2017
Reliance Nippon Life AMC IPO opens on October 25
1. Setting up new branches and relocating certain existing branches;
2. Upgrading the IT system;
3. Advertising, marketing and brand building activities;
4. Lending to our Subsidiary (Reliance AIF) for investment as continuing interest in the new AIF schemes
managed by Reliance AIF;
5. Investing towards our continuing interest in new mutual fund schemes managed by us;
6. Funding inorganic growth and other strategic initiatives; and
7. Meeting expenses towards general corporate purposes
Thursday, October 19, 2017
Mahindra Logistics IPO Details
Mahindra Logistics IPO Details
IPO Opens on: 31-October-2017
IPO Closes on: 02-November-2017
IPO Size: Approx Rs. 701 Crore (Approx)
Face Value: Rs. 10 Per Equity Share
Price Band: Rs. 355 to Rs. 363 Per Share
Listing on: BSE & NSE
Retail Portion: 35%
Equity: 1,93,32,346 Shares
Bid Lot: 41 Shares (Minimum Lot Size)
Amount: Rs. 14,883
Registrar: Link Intime India Private Limited
Monday, October 16, 2017
HDFC Life IPO gets green signal
Saturday, October 14, 2017
Thursday, October 12, 2017
Monday, October 9, 2017
Infosys Buyback Date
The buyback date for Infosys Limited is fixed as November 1, 2017
Thus the shareholders holding equity shares of Infosys Limited as on the saod record date would be eligible to participate in the offer
Infosys had earlier announced plans for buyback of equity shares at Rs.1150 a piece
Stay tuned to Indian IPO Blog for latest updates on Infosys Buyback offer
MAS Financial Services IPO subscribed 4.8 times till Day 2
MAS Financial is a Gujarat-headquartered non-banking financial company (NBFC) with more than two decades of business operations and presence across six states and the National Capital Region centres on Delhi.
MAS Financial Services is a NBFC (Non-Banking Financial Company). Company operates across six States and in Delhi through 119 branches. As of September 30, 2016 Company had more than 530,000 active loan accounts and 3,200 Customer
General Insurance Corporation (GIC) of India IPO Details
Issue closes on: Oct 13, 2017
Issue Size: 124,700,000 Equity shares of Rs.5/- per share
Price Band: Rs.855 to Rs.912 per equity share
Bid Lot: 16 Equity shares and in multiples thereof
Listing on: BSE, NSE
Sunday, October 8, 2017
Pearls of Financial Wisdom
Pearls of Financial Wisdom
1) Bonds are for storing wealth and equities are for creation of wealth.
2) In my opinion, *the biggest asset one can have is zero debt*.
3) *The greatest discipline in personal finance is living below your means*.
4) As Ben Carlson says, emotions cannot be back tested. That’s why past bear market always looks like opportunities and future ones scary.
5) Early financial independence and early retirement are completely different. To me, the former is a blessing and the latter is a curse.
6) Don’t think how it would have been if you’ve started 10 years ago. Start today and visualise how you would feel 10 years from now.
7) The neighbourhood we live determines our life style & spending. Need to be careful in choosing one which matches our goals and personality.
8) Paying minimum balance regularly on credit card is the maximum sign that you’re getting into debt trap.
9) Many are long term investors till next bear market.
10) *Don’t take aggressive bets. Take measured risk*. Remember one blunder can push you back by a decade or more in terms of wealth.
11) *Big money can be made through high savings, wise investing and lots of patience*.
12) One sign of progress in individual investor’s portfolio is no churn or very less churn.
13) *Trying to get rich fast is a foolproof way to lose what we have*.
14) *Losing opportunities is far better than losing money. Don’t invest in fads*.
15) ‘Making as much money as quickly as possible’ is not an investment strategy. Unfortunately for most of us that is the strategy.
16) Aggressive strategy cannot be a substitute for high savings. *Save high and take moderate risk than saving less and taking high risk*.
17) *The day we realise not losing is as important as winning; we would stop blindly chasing returns*.
18) Good periods are more than bad periods. By *not timing*, though we go through bad periods, do not miss even a single good period.
19) We’ll stop looking for quick money the moment we consider stocks as businesses and realise that our wealth grows in line with business growth.
20) *There are periods of high returns, low returns, no returns and negative returns. We need to go through all these to get long term returns*.
21) *Listening to market forecasts is not only useless but can be very harmful too* if you start acting on them.
22) *The hard truth is only around 3% of our population are in a position to aspire for financial independence. Don’t waste this rare privilege*.
Wednesday, September 27, 2017
Saturday, September 23, 2017
Friday, September 22, 2017
Thursday, September 21, 2017
Capacite Infraprojects IPO Allotment Status update
With respect to IPO Allotment Status for Capacite's Infraprojects Limited IPO, some banks have started debiting / releasing funds blocked under ASBA.
The allotment status has not been declared as yet on the registrar's website. Stay tuned to Indian IPO Blog and Indian IPO Blog Whatsapp groups for latest updates on Capacite's Infraprojects IPO Allotment status
Tuesday, September 19, 2017
ICICI Lombard IPO Final Subscription status
SBI Life's multi million dollar IPO to open from tomorrow Sep 20
SBI Life Insurance is all set to launch its mega IPO and raise as much as 0.8 billion dollars. The IPO would remain open between Sep 20, 2017 and Sep 22, 2017
SBI Life Insurance is a joint venture between the State Bank and BNPPC.
State Bank is India's largest commercial bank. BNPPC, an insurance subsidiary of BNP Paribas, with operations across 36 jurisdictions internationally, is among the leading credit life insurance businesses globally.
BNP Paribas is in top 10 global financial institution in terms of revenue.
SBI Life has product a portfolio of 37 individual and group products, including a range of protection and savings products to address the insurance needs of diverse customer segments.
Click here for Price Band, Bid Lot and other details of SBI Life Insurance IPO
SBI Life Insurance IPO Details
Issue opens on: Sep 20, 2017
Issue closes on: Sep 20, 2017
Issue Size: 120,000,000 Equity Shares of Rs 10 aggregating up to Rs 8,400.00 Cr
Face Value: Rs 10 Per Equity Share
Price Band: Rs.685 to Rs.700 per equity share
Bid Lot: 21 Equity Shares and in multiples thereof
Listing At: BSE, NSE
Monday, September 18, 2017
Friday, September 15, 2017
ICICI Lombard IPO Review
Listing Dates of IPOs in Sep 2017
Listing Dates (Tentative)
IPOs in September 2017
👉Dixon Technologies IPO - 18/9/17
👉Bharat Road Networks IPO - 18/9/17
👉Matrimony IPO - 21/9/17
👉Capacite Infraprojects IPO - 25/9/17
👉ICICI Lombard IPO - 27/9/17
👉SBI Life IPO - 3/10/17
Thursday, September 14, 2017
Dividend declared - Will you get dividend - What is Ex Dividend date?
To determine whether you should get a dividend, you need to look at two important dates. They are the "record date" or "date of record" and the "ex-dividend date" or "ex-date."
When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend. Companies also use this date to determine who is sent proxy statements, financial reports, and other information.
Once the company sets the record date, the ex-dividend date is set based on stock exchange rules. The ex-dividend date for stocks is usually set one business day before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend.
To sum it up hence, if you purchase before the ex-dividend date, you get the dividend.
Capacit'e Infraprojects IPO subscribed 4.62 times till Day 2
The IPO which closes for subscription on Sep 15, 2017, has received 5.96 times oversubscription in Retail category. The QIB category is subscribed 5.53 times while the HNI category is bid 0.28 times
Capacit'e Infra primarily operates in Mumbai, NCR and Bangaluru. The list of clients include Lodha Group, Rustomjee, Godrej Properties Limited, Prestige Estates and Oberoi Constructions. Capacit'e has 51 ongoing projects. The order book consist of 96% residential, 3% commercial and 1% institutional projects
Capacite Infraprojects IPO - Subscription status as on Day 2 - 2.20 pm
Wednesday, September 13, 2017
SBI Life Insurance IPO opens from Sep 20, 2017, aims to raise Rs.70000 crores
SBI Life Insurance Company Limited, private life insurer, promoted by State Bank of India, is coming up with an IPO of equity shares which is going to hit the streets soon. SBI Life Insurance is a joint venture between the State Bank and BNPPC.
State Bank is India's largest commercial bank. BNPPC, an insurance subsidiary of BNP Paribas, with operations across 36 jurisdictions internationally, is among the leading credit life insurance businesses globally. BNP Paribas is in top 10 global financial institution in terms of revenue
SBI Life has product a portfolio of 37 individual and group products, including a range of protection and savings products to address the insurance needs of diverse customer segments.
The insurer has priced its shares in a range of Rs.685 to Rs.700 a share. At the upper end of this price band, the initial share sale values the firm at Rs.70,000 crore. This is significantly higher than its Rs.46,000 crore valuation in December, when the insurer sold a 3.9% stake to investors KKR and Co. Lp and Temasek Holdings Pte Ltd for around Rs.1,794 crore
The IPO would be open for subscription between Sep 20, 2017 and Sep 22, 2017 and minimum bid lot would be of 21 Equity shares and in multiples thereof
Matrimony.com IPO - Final Subscription Status
Capacite Infra IPO - Download Red Herring Prospectus
Capacite Infra IPO - Draft Red Herring Prospectus (DRHP) - Click here to download
Capacite Infra IPO - Red Herring Prospectus (RHP) - Click here to download
SBI Life Insurance IPO - Price Band and details
Issue closes on: Sep 22, 2017
Issue Size: 120,000,000 Equity Shares of Rs.10
Face Value: Rs.10 per equity share
Price Band: Rs.685 to Rs.700 per equity share
Bid Lot: 21 Equity shares
Listing at: BSE, NSE
ICICI Lombard IPO - Objects to the Issue
1. To achieve the benefits of listing the Equity Shares of the Company on the Stock Exchanges;
2. To carry out the sale of up to 86,247,187 Equity Shares by the Selling Shareholders; and
3. Enhance the “ICICI Lombard” brand name and provide liquidity to the existing shareholders
Tuesday, September 12, 2017
SBI Life IPO Details
SBI Life IPO Dates & Price Band
IPO Open: 20-September-2017
IPO Close: 22-September-2017
IPO Size: Approx Rs. 6500-7000 Crore (Approx)
Face Value: Rs. 10 Per Equity Share
Price Band: Rs. 685 to 700 Per Share
Listing on: BSE & NSE
Equity Shares: 120,000,000
SBI Life IPO Market Lot:
Shares: Apply for 21 Shares (Minimum Lot Size)
Amount: Rs. 14700
Dixon Technologies IPO Allotment and Listing schedule (Tentative)
Friday, September 8, 2017
Dixon Technologies IPO subscription blasts its way up
The subscription level for Dixon Technologies IPO have rocketed its way with the IPO getting overbid more than 117 times as per data available till 5.45 pm on the closing day of the issue
The IPO has been subscribed by a hefty 135 times in the QIB category while the HNI category has received heavy numbers with the category getting overbid by atleast 345 times. The retail category has been oversubscribed by upwards of close to 9 times the portion reserved
Stay tuned to Indian IPO Blog or join our Whatsapp groups to stay updated on latest news, views and comments about IPOs in Indian stock markets
Dixon Technologies IPO subscription status update till Day 3 - 2.30 pm
Thursday, September 7, 2017
ICICI Lombard IPO opens from Sep 15
Upcoming IPOs dates - September 2017
Issue Close On: 8/9/17
Price Band: Rs. 195-205
Bid Lot Size - 73
Allotment - 14/9
DP Credit - 15/9
Listing - 18/9
Registrar- Karvy
Prise - 1760 to 1766
Bid Lot - 8 share
Allotment- 13/9
DP credit - 15/9
Listing - 18/9
Registrar- Karvy
Prise - 983 to 985
Retail Disc Rs. 98/- (887)
Allotment - 19/9
DP credit - 20/9
Listing - 21/9
Registrar - Karvy
Prise - 245 to 250
Bid Lot - 60 share
Allotment- 21/9
DP credit - 22/9
Listing - 25/9
Wednesday, September 6, 2017
Dixon Technologies IPO - Is it worth subscribing?
Dixon Technologies (India) IPO - Company profile
Dixon Technologies is engaged in manufacturing products in the consumer durables, lighting and mobile phones markets. The product portfolio of Dixon include:
1. Consumer electronics like LED TVs
2. Home appliances like washing machines
3. Lighting products like LED bulb, tube lights, CFL bulbs etc.
4. Mobile phones
Company also provide repair and refurbishment services of set top boxes, mobile phones and LED TV panels.
Dixon is leading manufacturer of lighting products of CFL, LED bulbs, LED TVs and semi-automatic washing machines in India. Dixon manufacture products for popular retail brands including Panasonic, Philips, Haier, Gionee, Surya Roshni, Reliance Retail, Intex Technologies, Mitashi and Dish.
Dixon is also a leading Original Design Manufacturer (ODM) in India. Company develop and design products in-house at its R&D facility. The ODM business contributes around 25% of its revenue.
Stay tuned to Indian IPO Blog for more
Monday, September 4, 2017
Thursday, August 31, 2017
Thursday, August 24, 2017
Monday, August 21, 2017
Infosys : When the elephants fight, the grass gets the wounds!
Apex Frozen Foods IPO opens on Aug 21
Apex Frozen Foods Ltd. is coming with an IPO comprising of fresh issue of shares and offer for sale (OFS) to raise around Rs 148.77 to Rs.152.25 crore.
The company is going to raise between Rs.123.97 to Rs.126.87 crore by issuing 72,50,000 shares
While under OFS, promoters will offer 14,50,000 equity shares with face value of Rs 10 per share. The lot size consists of minimum of 80 shares
The issue will remain open from August 22 to August 24, 2017 with price band of Rs.171 to Rs.175 per share. The company will be listed on both BSE and NSE
Friday, August 11, 2017
Cochin Shipyard speedboats in sea at jet speed, up 20 percent on debut
The equity shares of Cochin Shipyard powerboated upon listing with the shares listing at 20 percent premium over issue price
The scrip took gear changing time to take off the shores with the listing at mere Rs.3 above the issue price before speed boating to 20 percent up at Rs.522 as against issue price of Rs.432 a piece. The stock was trading at Rs.512.40 at 10.26 am
Stay tuned to Indian IPO Blog for more
Wednesday, August 9, 2017
Cochin Shipyard IPO Allotment Status declared - Click to check your status now
Cochin Shipyard IPO Allotment Status is declared. Investors have started to receive SMSs for allotment and credit of equity shares in their demat account
The link to check Cochin Shipyard IPO Allotment Status is http://cs.linkintime.co.in/ipo/IPO.aspx
Cochin Shipyard IPO Allotment Status declared, link to be shared shortly
Cochin Shipyard IPO Allotment Status is declared. Investors have started to receive SMSs for allotment and credit of equity shares in their demat account
The link to check Cochin Shipyard IPO Allotment Status is http://cs.linkintime.co.in/ipo/IPO.aspx
Tuesday, August 8, 2017
Cochin Shipyard IPO Allotment Status expected today
Monday, August 7, 2017
Thursday, August 3, 2017
Cochin Shipyard IPO subscription status till 12.20 pm
Cochin Shipyard IPO Subscription status - Day 3 at 12:20PM
The following data is assuming the shares will be issued at upper price band
QIB*: 8.14x (*Excluding Anchor)
NII: 3.24x
RII: 5.69x
Empl. 0.36x
Overall: 6.40 times
Applications: 13,64,000 Approx
No. of Application: 3.53 times
Cochin Shipyard IPO closes - Should you go for it?
The company is best profit making one in the shipbuilding industry since all of its listed peers have negative earnings and are highly leveraged whereas Cochin Shipyard would have a PE ratio of 18.8 times which is fairly justified
This price is also clearly attractive for listing gains considering already high grey market premium running through
Considering that the company ticks most of the boxes, investors may not want to miss this ship!
Wednesday, August 2, 2017
Cochin Shipyard IPO Grey Market Premium (GMP)
Hindustan Copper Offer for Sale (OFS) - Official NSDL Announcement
(ISIN:INE531E01026)
August 2, 2017 at 3.30 p.m.
Rs. 64.75 per share
Tuesday, August 1, 2017
Cochin Shipyard IPO - Brokerage Recommendations summary
IIFL Wealth Management Ltd
IPO provides good retail exposure to the promising domestic defence sector and available at attractive valuations of 18.1 times FY17 price to earnings (PE). “With average margins of 18% over last five years and return on equity (RoE) of around 15 over the same period, it has consistently delivered the goods, even during the slowdown phase in shipbuilding industry,”
Motilal Oswal Securities Ltd (MOSL)
Continuous focus on high margin repair business, strong positioning in west coast of India, healthy order book and negligible debt with cash and bank balance of Rs2,000 crore and decent ROEs and return on capital employed (ROCE) are key strengths of Cochin Shipyard, “At higher end of price band, the issue is attractive,” MOSL said
Prabhudas Lilladher Pvt. Ltd.
The strong net cash balance sheet, strong order pipeline and option value of bagging further air craft carriers could provide multi-year visibility of earnings. At the upper end of the issue price, market capitalization works out to be Rs.5,880 crore
Angel Broking
The issue is reasonably priced on the back of healthy order book with execution capability and experienced management. “Despite cyclical business it has maintained net cash positive balance sheet and eased working capital cycle from over 195 days in FY2012 to current 59 days,”
Sharekhan Ltd.
“Consequently, CSL is not comparable with listed private sector shipyard companies. CSL is expected to be available at 18.8x P/E multiple (EPS calculated on post issue number of shares) and 2.9x P/B on FY2017 financials at the upper price band of Rs.432,”
Security and Intelligence Services (India) IPO closes tomorrow
Security and Intelligence Services (India) servers customers that operate in various industries and sectors, which include banking and financial services, IT/ITeS and telecom, automobile, steel and heavy industries, governmental undertakings, hospitality and real estate, utilities, educational institutions, healthcare, consumer goods, engineering, and construction
The IPO has been subscribed 1.93 times on an overall basis with the retail category getting subscribed 7.14 times till Day 2 of the opening
Stay tuned to Indian IPO Blog for more on SIS IPO
Upcoming IPOs in 2017
1. *Cochin Shipyard IPO*
Cochin Shipyard Limited, one of the leading Shipbuilding and Ship repairing Company in India.
Cochin Shipyard IPO is being issued to fund 2 major infras expenditure projects i.e International Ship Repair facility for Rs 970 Crores and Construction of New Dry Dock for Rs 1,799 Crores.
The issue size is approx. Rs 2,700 Crores.
The issue price is Rs 424 to Rs 428 approx and change.
Cochin Shipyard IPO would get listed on BSE/NSE.
Its revenue is increased from Rs 2,107 Crores for FY16 to Rs 2,222 Crores for FY17.
Its profits are increased from Rs 272 Crores for FY16 to Rs 322 Crores for FY17.
IPO would open for subscription on 1st August, 2017.
2. *Security and Intelligence Services IPO (SIS IPO)*
The firm provides security solutions and business support services to a wide range of customers across India and Australia.
The issue size expected approx. for Rs 500 Crores.
Proceeds of the issue will be utilised towards repayment of loan, funding working capital requirements and for general corporate purposes.
The issue price is Rs 810 to Rs 815 per share. SIS IPO would get listed on BSE/NSE.
Its revenue is increased from Rs 3,850 Crores for FY16 to Rs 4,577 Crores for FY17.
Its profits are increased from Rs 64 Crores for FY16 to Rs 90.5 Crores for FY17.
It got SEBI approval in Jan-2017, however there is delay in IPO.
IPO is opening for subscription on 31st July, 2017
3. *Shalby Hospitals IPO*
Shalby Hospitals is a multi speciality hospital chain operator in India. Its hospitals are tertiary care hospitals, few of which also offer quaternary healthcare services to patients in various areas of specialisation such as orthopaedics, complex joint replacements, cardiology, neurology, oncology, and renal transplantations. They provide inpatient and outpatient healthcare services through eight fully operational hospitals, having an aggregate operational bed count of 781 beds, as on March 31, 2017.
The issue size is contains fresh issue of approx. Rs 580 Crores + Offer for sale for 10 Lakh shares from promoters.
The issue price is yet to be known.
Shalby Hospitals IPO would get listed on BSE/NSE.
Its revenue is increased from Rs 265 Crores for FY15 to Rs 289 Crores for FY16. For 9 month ended Dec-16, its revenues are at Rs 244 Crores.
Its profits are increased from Rs 28 Crores for FY15 to Rs 39.6 Crores for FY16. For 9 months ended Dec-16, its profits are at Rs 47.5 Crores.
It got SEBI approval for its IPO on 18 July, 2017.
IPO is expected in August, 2017.
4. *Capacite Infra Projects IPO*
Mumbai-based construction company Capacit’e Infraprojects Ltd received SEBI approval last month in June for its IPO.
The company will use the proceeds for working capital requirements, purchase of capital assets and general corporate purposes.
The issue size is Rs 400 Crores approx. The issue price is yet to be known.
Capacite InfraProjects IPO would get listed on BSE/NSE.
The company’s consolidated revenue grew from Rs 214 crore in FY14 to Rs 853 crore in FY16 and Rs 847 crore for the nine-month period ended 31 December, 2016.
It got SEBI approval for its IPO in June, 2017.
IPO is expected in August, 2017.
5. *Apex Frozen IPO*
Andhra Pradesh-based Apex Frozen is the integrated producer and exporter of shelf stable quality aquaculture products. It supplies ready-to-cook products to a diversified customer base consisting of food companies, retail chains, restaurants, club stores and distributors.
Apex Frozen’s IPO proceeds will be used for setting up a new shrimp processing unit in East Godavari district, Andhra Pradesh, and general corporate purposes.
The initial offer will comprise a fresh issue of 72.5 lakh shares and on offer for sale (OFS) of up to 14.5 lakh by the existing shareholders, according to the draft red herring prospectus (DRHP). The issue price is yet to be known.
Apex Frozenfoods IPO would get listed on BSE/NSE.
Its revenue is increased from Rs 604 Crores for FY15 to Rs 608 Crores for FY16. For 9 month ended Dec-16, its revenues are at Rs 541 Crores.
Its profits are increased from Rs 18.3 Crores for FY15 to Rs 19.3 Crores for FY16. For 9 months ended Dec-16, its profits are at Rs 16.3 Crores.
It got SEBI approval recently in July, 2017
IPO is expected by end of August, 2017.
6. *Matrimony.com IPO*
Matrimony.com runs online match business under bharatmatrimony brand.
The issue size is approx. Rs 350 Crores consisting of fresh issue of Rs 130 Crores and Offer for sale of 37.67 Lakh shares.
The issue price is yet to be known. Matrimony.com IPO would get listed on BSE/NSE.
Its revenue is increased from Rs 255 Crores for FY16 to Rs 292 Crores for FY17.
Its incurred loss of Rs 75 Crores for FY16 and profit of Rs 43.8 Crores for FY17. Matrimony.com IPO got SEBI approval on 18 July, 2017.
Expected date of the IPO is in August, 2017.
7. *Khadim India IPO*
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Khadim India is leading footwear brand and 2 largest footwear retailer in India in terms of retail stores. It has 829 Khadim Branded exclusive retail showrooms in 23 states across India.
Size of the issue is yet to be known. The issue price is yet to be known.
Khadim India IPO would get listed on BSE/NSE.
Its revenue is increased from Rs 538 Crores for FY16 to Rs 625 Crores for FY17.
Its profits are increased from Rs 25 Crores for FY16 to Rs 30.7 Crores for FY17.
Khadim India IPO has submitted Draft Red Hearing Prospectus (DRHP) in 1 week of July IPO is expected in Aug or early September, 2017.
8 *SBI Life Insurance IPO*
SBI Life Insurance which is joint venture between SBI and BNP Paribas Cardif is the 2 life insurance company that is coming up for IPO after ICICI Life Insurance. They are India’s leading private life insurer, in terms of New Business Premium generated in each fiscal year, since Fiscal 2010.
They have also increased its market share of New Business Premium generated among private life insurers in India, from 15.87% in Fiscal 2015 to 20.04% in Fiscal 2017.
The issue price is yet to be known. SBI Life Insurance IPO would get listed on BSE/NSE.
Its revenue is increased from Rs 15,665 Crores for FY16 to Rs 20,852 Crores for FY17.
Its profits are increased from Rs 3,690 Crores for FY16 to Rs 4,464 Crores for FY17.
It has filed DRHP on 17 July, 2017 with SEBI.
IPO is expected in September, 2017.
9 *ICICI Lombard Insurance IPO*
It is a joint venture between ICICI Bank and Fairfax. It is first non life insurance company in India that is coming up for IPO.
They were the largest private-sector non-life insurer in India based on gross direct premium income in fiscal 2017, a position they have maintained since fiscal 2004 after being one of the first few private
sector companies to commence operations in the sector in fiscal 2001. They offer its customers a comprehensive and well-diversified range of products, including motor, health, crop/weather, fire, personal accident, marine, engineering and liability insurance, through multiple distribution channels. They were founded as a joint venture between ICICI Bank Limited, India’s largest private-sector bank in terms of consolidated total
Assets with an asset base of Rs 9.9 trillion at March 31, 2017, and Fairfax Financial Holdings Limited, a Canadian based holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management with US$43.38 billion of total assets at December 31, 2016.
The issue price is yet to be known. ICICI Lombard Insurance IPO would get listed on BSE/NSE.
Its revenue is increased from Rs 5,804 Crores for FY16 to Rs 7,180 Crores for FY17.
Its profits are increased from Rs 5,040 Crores for FY16 to Rs 6,221 Crores for FY17.
ICICI Lombard General Insurance has filed DRHP on 14 July, 2017 with SEBI.
IPO is expected in September, 2017.
10 *Pratap Snacks IPO*
They are one of the top six Indian snack food companies in terms of revenues in 2016, and among the fastest growing companies in the Indian organised snack market between 2010 and 2016. Based on the FS Report, the snacks market in India is estimated at approximately 550 billion, out of which organised snack market is estimated at 220 billion and grew at a CAGR of 14% between 2012 and 2016. With increasing competition and cost pressure, there has been a gradual shift from an unorganized to organized sector across the various product segments. They are present in three major savoury snack food categories in India and all its products are sold under the Yellow Diamond brand.
The issue price is yet to be known. IPO would get listed on BSE/NSE.
Its revenue is increased from Rs 758 Crores for FY16 to Rs 905 Crores for FY17.
Its profits are decreased from Rs 27 Crores for FY16 to Rs 9.8 Crores for FY17.
It has filed DRHP in last week of June, 2017 with SEBI.
IPO Share IPO Prospectus IPO
IPO is expected in August or September, 2017.
11 *HDFC Life Insurance IPO*
It is 3 biggest life insurance company in India. The issue price is yet to be known.
The IPO would get listed on BSE/NSE.
Its revenue is increased from Rs 16,313 Crores for FY16 to Rs 19,445 Crores for FY17.
Its profits are increased from Rs 818 Crores for FY16 to Rs 892 Crores for FY17.
It is planning to file DRHP with SEBI very soon. Since the process may take time.
it is unlikely that this IPO would come before Sep, 2017
Tuesday, July 25, 2017
Cochin ShipYard IPO Details
Issue Size: *₹ 1442.01 Crs at upper Band* (including employee reservation of ₹ 33.87 Crs)
IPO Opens on: 01-August-2017
IPO Closes on: 03-August-2017
Price Band: ₹ 424 to ₹ 432 per equity share
Bid Lot: 30 Equity Shares
Face Value: ₹ 10/- per share
Retail Discount: ₹ 21 per equity share to Retail Investors & Eligible Employees
Issue Split:
*QIB: 50% (₹ 716.26 Crs at upper band)*
*HNI: 15% (₹ 214.88 Crs at upper Band)*
*Retail: 35% (₹ 477.01 Crs at upper band)*
Tuesday, July 18, 2017
Monday, July 17, 2017
Cochin ShipYard IPO Details (Tentative)
Cochin ShipYard IPO – Issue Information (Tentative)
Issue Opens on: 26 July 2017
Issue Closes on: 28 July 2017
Issue Type: Book Built Issue IPO
Issue Size: 3,39,84,000 Equity Shares
Face Value: Rs 10 per Equity Share
Price Band: Rs.424 – Rs.428 per Equity Share (QIB & NII)
Discount: Rs.4 per Equity Share (RII & Employees)
Market Lot: 35 shares
Listing At: NSE, BSE
Saturday, July 15, 2017
Results Calender Schedule - July 2017
Corporate Result Calender - July 2017
15 JUL - DCB BANK
15 JUL - KTK BANK
17 JUL - ACC
17 JUL - JUBLIFOOD
18 JUL - ULTRACEMCO
19 JUL - BAJAJFINSV
19 JUL - KPIT
19 JUL - HAVELLS
20 JUL - BAJAJ-AUTO
20 JUL - KOTAK BANK
20 JUL - RBL BANK
20 JUL - NIIT TECH
20 JUL - WIPRO
21 JUL - ASHOKLEY
21 JUL - CANFIN HOME
24 JUL - HDFC BANK
24 JUL - M&M FIN
24 JUL - ZEEL
25 JUL - AXIS BANK
25 JUL - HEROMOTOCO
25 JUL - ICICIPRULI
26 JUL - BHARAT FIN
26 JUL - HDFC LTD
26 JUL - YES BANK
26 JUL - BIOCON
27 JUL - CHOLAFIN
27 JUL - DR REDDY
27 JUL - ICICI BANK
27 JUL - IDFC BANK
27 JUL - IDFC
27 JUL - EXIDE IND
Thursday, July 13, 2017
Sunday, July 9, 2017
AU Small Finance Bank IPO to list tomorrow - What to expect?
The equity shares of AU Small Finance Bank IPO will be listed and admitted to the dealings on the exchanges with effect from Monday, Jul 10, 2017
The market is expecting a premium of Rs. 80 to Rs. 85 per equity share over and above the issue price
Stay tuned to Indian IPO Blog or subscribe to our Whatsapp groups for live updates on the latest price movements of AU Small Finance Bank IPO!
Saturday, July 8, 2017
Salaskar Techno Engineering IPO opens from Jul 12
Issue opens on: July 12, 2017
Issue closes on: July 17, 2017
Issue Type: Fixed price Issue IPO
Face Value: Rs.10/- per equity share
Price band: Rs.108/- per equity share
Market Lot: 125 Shares
Minimum Order Quantity: 125 Shares
Minimum Application: Rs.13,500
Listing At: NSE & BSE
Salaskar Techno Engineering IPO - Company Profile
Thursday, July 6, 2017
Wednesday, July 5, 2017
AU Small Finance Bank IPO Grey Market Premium (AU Financiers IPO GMP)
The grey market premium for AU Financiers IPO (AU Small Finance Bank IPO) is Rs.80 to Rs.85 per share
Stay tuned to Indian IPO Blog or subscribe to our Whatsapp groups (FREE for early bird members) for the latest updates on AU Small Finance Bank IPO
AU Small Finance Bank IPO Allotment Status expected soon
AU Small Finance Bank IPO Allotment Status is expected to be declared shortly
The precise link for allotment status will be updated here as soon as the status is made available online
Stay tuned to Indian IPO Blog or subscribe to Indian IPO Blog Whatsapp groups (Free for Limited period) for latest updates on AU Small Finance Bank IPO Allotment Status
Sunday, July 2, 2017
Investors Beware #2: Penny stocks fraud
Then they send fake messages or emails to millions of investors/traders recommending them to buy that stock.
Because of this increased demand, the price of that stock starts increasing.
When the share price reaches a good price, then these fraudsters sell their stocks and get good returns.
Saturday, July 1, 2017
Thursday, June 29, 2017
CDSL IPO Listing tomorrow on Jun 30
The equity shares of CDSL would be listed and admitted to the dealings on the NSE w.e.f. tomorrow, i.e. Jun 30, 2017
Details of listing are given below:
CDSL Limited IPO Listing Update:
Listing Date : Friday, June 30, 2017
Exchange : NSE
NSE Symbol: CDSL
ISIN : INE736A01011
Issue Price : Rs. 149/- Per Equity Share
Face Value : Rs. 10/- Per Equity Share
AU Small Finance Bank IPO Subscription status till Day 2
CDSL IPO Allotment Status declared
Wednesday, June 28, 2017
CDSL IPO Allotment status
UPDATE: CDSL IPO Allotment Status is declared. Click below link for more
http://www.indianipoblog.in/2017/06/cdsl-ipo-allotment-status-declared.html?m=1
AU Small Finance Bank IPO - Brokerage recommendation summary
Presented below are synopsis of IPO recommendations given by various brokerage houses on AU Small Finance Bank IPO:
Recommend investors to subscribe to the issue only with a long-term investment horizon.
We recommend subscribe rating to long-term investors.
We recommend a subscribe rating.
Unique model, no peer , SFB model should do better compared to the NBFC model in the long run.
Consistent track record , At the offered valuation, we recommend a subscribe rating on the issue with a long-term view.
Strong upside likely in a few years , investors can expect strong upside over the next few years,
We recommend subscribe rating to the issue, as it provides a favourable investment opportunity for long-term investors.
Premium valuations justified, We recommend subscribe rating on the issue
AU Small Finance Bank IPO - Brokerage recommendation summary
Prabhudas Liladhar
Recommend investors to subscribe to the issue only with a long-term investment horizon.
KR Chocksey
We recommend subscribe rating to long-term investors.
IIFL
We recommend a subscribe rating.
Nirmal Bang
Unique model, no peer , SFB model should do better compared to the NBFC model in the long run.
Equirus
Consistent track record , At the offered valuation, we recommend a subscribe rating on the issue with a long-term view.
Antique Stock Broking
Strong upside likely in a few years , investors can expect strong upside over the next few years,
Reliance Securities
We recommend subscribe rating to the issue, as it provides a favourable investment opportunity for long-term investors.
Angel Broking
Premium valuations justified, We recommend subscribe rating on the issue