IPO opens on: Feb 28, 2017
IPO closes on: Mar 3, 2017
Issue Type: Fixed Price Issue IPO
Issue Size: 1,536,000 Equity Shares
Face Value: Rs 10 Per Equity Share
Issue Price: Rs. 27 Per Equity Share
Market Lot: 4000 Shares
Minimum Order Quantity: 4000 Shares
Listing At: BSE SME
Monday, February 27, 2017
RMC Switchgears SME IPO (RMC Switchgears IPO) Details
Akash Infraprojects SME IPO Details
IPO opens on: Feb 28, 2017
IPO closes on: Mar 6, 2017
Issue Type: Fixed Price Issue IPO
Issue Size: 2,040,000 Equity Shares
Face Value: Rs 10 Per Equity Share
Issue Price: Rs. 125 Per Equity Share
Market Lot: 1000 Shares
Minimum Order Quantity: 1000 Shares
Listing At: NSE SME
Saturday, February 25, 2017
5 Upcoming IPOs to hit the streets soon
Radio City FM's Music Broadcast IPO to open from March 6, 2017
It had filed IPO papers with the Securities and Exchange Board of India (Sebi) in November last year and received 'observation' from it on February 9, which is necessary for a company to launch the public offer
Music Broadcast IPO – Schedule (Tentative)
03rd March 2017 – Anchor Investors
06th March 2017 – Offer Opens
08th March 2017 – Offer Closes
14th March 2017 - Finalisation of Basis of Allotment
15th March 2017 - Unblocking of ASBA
16th March 2017 - Credit to Demat Accounts
17th March 2017 – Listing on NSE & BSE
Music Broadcast IPO Details
Music Broadcast IPO Tentative Details
Issue Opens on: 06 March 2017
Issue Closes on: 08 March 2017
Issue Type: Book Built Issue IPO
Issue Size: 14,670,530 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.324 – Rs.333 per Equity Share
Market Lot: 45 shares
Listing At: NSE, BSE
Equity Shares outstanding prior to the Issue = 45,042,767 Equity Shares
Fresh Issue of 12,012,012 Equity Shares @333/- aggregating up to Rs.4,000 million
Offer for Sale of 2,658,518 Equity Shares @333/- aggregating up to Rs.885.3 million
Total Issue of 14,670,530 Equity Shares @333/- aggregating up to Rs.4885.3 million Equity Shares outstanding after the Issue = 57,054,779 Equity Shares
Category-wise Break up:
Anchor – 4,401,159 Shares = 146.56Crs.
Net QIB – 2,934,106 Shares = 97.71Crs
NII – 2,200,580 Shares = 73.28Crs
RII – 5,134,685 Shares (1,14,104 Forms) = 170.99Crs. (Lot size = 45)
Total Issue – 14,670,530 Equity Shares = 488.53Crs.
Avenue Supermarts IPO to open from March 8
The IPO of Avenue Supermarts, which operates a retail chain under the D-Mart brand, is set to open on March 8, 2017
The issue is likely to be priced in the range Rs 290-299, said a banker to the issue.
The company plans to sell shares worth Rs 1,800 crore in the IPO. This would be the second IPO of the year. In January, BSE raised about Rs 1240 crore. The IPO was subscribed 51 times
D-Mart own chain of around 120 retail stores across 45 cities, most of them in Maharashtra and Karnataka.
As of March 31, 2016, Avenue Supermarts posted a revenue of about Rs 8,600 crore, and a net profit of about Rs 320 crore.
In the past four years, Avenue Supermarts grew revenue by 40% and net profit by 52% annually
Thursday, February 23, 2017
Music Broadcast IPO Dates Schedule
Music Broadcast IPO – Schedule (Tentative)
03rd March 2017 – Anchor Investors
06th March 2017 – Offer Opens
08th March 2017 – Offer Closes
14th March 2017 - Finalisation of Basis of Allotment
15th March 2017 - Unblocking of ASBA
16th March 2017 - Credit to Demat Accounts
17th March 2017 – Listing on NSE & BSE
Wednesday, February 22, 2017
How to apply to OFS - Back to Basics
Steps to apply to Offer for Sale (OFS) in India:
- You need to have a demat and trading account to apply to an OFS
- Once the OFS starts, you can participate in the process yourself using your online trading accounts such as ICICI Direct, Kotak Securities etc. by placing your bids under the IPO / OFS section of their respective broking websites
- You will be given application form number / confirmation reference for your application
Tuesday, February 21, 2017
Nitiraj Engineers IPO (SME IPO) - Objects to the issue
The objects of the issue for Nitiraj Engineers IPO (SME IPO) are:
1. Development of new products;
2. Setting up manufacturing Unit for the existing and new range of products;
3. Expansion of Marketing Network and Brand building;
4. General Corporate Purposes;
5. Issue Expenses.
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Nitiraj Engineers IPO (Nitiraj Engineers SME IPO) Details
IPO Open between: Feb 20, 2017 - Mar 1, 2017
Issue Type: Fixed Price Issue IPO
Issue Size: 2,200,800 Equity Shares of Rs.10
IPO Price: Rs. 100 Per Equity Share
Market Lot: 1200 Shares
Minimum Order Quantity: 1200 Shares
Listing At: NSE SME
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Global Education IPO (SME IPO) Final Subscription Status
Global Education SME IPO Final Subscription as on 21-Feb-2017 - 7.00 P.M.
Retail - 115.63 times
HNI - 52.11 times
Overall - 82.25 times
Update: Global Education SME IPO Allotment Status declared. Check out link below
http://www.indianipoblog.in/2017/02/global-education-sme-ipo-allotment.html
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BEL OFS - Retail Investor Discount
Bharat Electronics Ltd - BEL Offer for Sale (OFS)
Monday, February 20, 2017
TCS Buyback - Tata Consultancy Services to buyback shares
Sunday, February 19, 2017
Avenue Supermarts IPO - List of Company promoters
The Promoters of the Company are:
1. Radhakishan S. Damani;
2. Gopikishan S. Damani;
3. Shrikantadevi R. Damani;
4. Kirandevi G. Damani;
5. Bright Star;
6. Royal Palm Trust;
7. Bottle Palm Trust;
8. Mountain Glory Trust;
9. Gulmohar Trust; and
10. Karnikar Trust
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Avenue Supermarts (D-Mart) IPO - Objects to the Issue
The net proceeds of the IPO are proposed to be used as set forth below:
1. Repayment or prepayment of a portion of loans and redemption or earlier redemption of NCDs availed by the Company;
2. Construction and purchase of fit outs for new stores;
3. General corporate purposes.
IRB InvIT Fund IPO gets SEBI clearance
IRB InvIT Fund, an investment trust sponsored by IRB Infrastructure Developers, has received markets regulator SEBI's approval to raise Rs. 4,300 crore through initial public offering (IPO)
IRB InvIT's IPO comprises fresh issue of units worth up to Rs 4,300 crore by the trust and an offer for sale of units by IRB Infrastructure Developers and its subsidiaries -- Modern Road Makers, Aryan Toll Road, ATR Infrastructure and Ideal Road Builders
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Upcoming IPOs in March 2017
1) D-Mart / Avenue Supermart Ltd IPO
The issue price band is expected to be in between Rs 290 to Rs 300 per share.
Expected date of the issue is 8-Mar-17 and closure date is 10-Mar-17
Grey market price is between Rs 175 to Rs 178.
2) CDSL Limited IPO
The issue price band is expected to be in between Rs 115 and Rs 135.
Expected date of the issue is 15-Mar-17 and closure date is 17-Mar-17
3) Continental Ware housing Corporation Limited IPO
The issue size is expected to be Rs.418 Crores.
Expected date of the issue is 22-Mar-2017 and closure date is 24-Mar-2017
4) NSE Limited IPO
The issue size is Rs 10,000 Crores.
The issue price band is yet to be known as it is in the process of getting final clearances from SEBI.
Expected date of the issue is in Mar-2017 / Apr-2017
5) Music Broadcast Limited IPO
The issue size is expected to be around Rs 400 Crores
Expected date of the issue is in mid of Mar-2017
Click link below for more updates and details of each of Upcoming IPOs in March 2017
http://www.indianipoblog.in/2017/02/upcoming-ipos-in-march-2017.html?m=1
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Saturday, February 11, 2017
Eris Lifesciences files DRHP for IPO
The IPO comprises an offer for sale (OFS) by the drug company’s private equity backer ChrysCapital and some of the founding shareholders.
Eris Lifesciences is the first pharmaceutical company to file its draft papers this year. The last pharmaceutical firm to go public was Warburg Pincus-backed Laurus Labs in November 2016. Before that, Alkem Laboratories went public in January 2016.
Friday, February 10, 2017
NSE IPO Immediate Priority: NSE CEO
Thursday, February 9, 2017
Avenue Supermarts (D-Mart) IPO - Company overview
Can you apply to IPO for family from your bank account? - IPO FAQ
Wednesday, February 8, 2017
Tuesday, February 7, 2017
Avenue Supermarts IPO Opening Date - Price Band
Avenue SuperMarts IPO Details
Issue Opens on: Mar 8, 2017
Issue Closes on: Mar 10, 2017
Issue Type: Book Built Issue IPO
Issue Size: 62,393,631 Equity Shares
Face Value: Rs 10 Per Equity Share
Price Band: Rs.290 to Rs.299 per equity share
Market Lot: 50 shares and in multiples thereof
Listing At: NSE, BSE
Avenue Supermarts IPO Category-wise Break up:
Anchor – 1,87,18,089 Shares
Net QIB – 1,24,78,726 Shares
NII – 93,59,045 Shares
RII – 2,18,37,771 Shares
Size = 1865.57Crs.
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BSE IPO - Basis of Allotment - Retail Investors
A. Allotment to Retail Individual investors (After Technical Rejections)Tha Basis of Allotment to the Retail Individual Investors, who have bid at the Cut-Off Price or at the Offer Price of Rs 806 per Equity Share, was finalized in consultation with NSE. This category has been subscribed to the extent of 6.118438 times. The total number of Equity Shares Allotted in Retail Portion is 5,399,519 Equity Shares to 299,973 successful Retail Individual Investors. The category-wise details of the Basis of Alotment are as under:
Category | No. of applications received | % of total | Total no. of Equity Shares applied | % to tolal | No. of Equity 5hares Allotted per applicant | Ratio | Total no. of Equity Shares allotted |
18 | 967,705 | 85.50 | 17,418,690 | 52.73 | 18 | 216:815 | 4,616,478 |
36 | 58,340 | 5.15 | 2,100,240 | 6.36 | 18 | 97: 366 | 278,316 |
54 | 26,436 | 2.34 | 1,427,544 | 4.32 | 18 | 97: 366 | 126,105 |
72 | 12,126 | 1.07 | 873,072 | 2.64 | 18 | 97: 366 | 57,852 |
90 | 12,206 | 1.08 | 1,098,540 | 3.33 | 18 | 97: 366 | 58,230 |
108 | 10,080 | 0.89 | 1,088,640 | 3.30 | 18 | 97: 366 | 48,078 |
126 | 7,864 | 0.69 | 990,864 | 3.00 | 18 | 97: 366 | 37,512 |
144 | 2,310 | 0.20 | 332,640 | 1.01 | 18 | 97: 366 | 11,016 |
162 | 1,297 | 0.11 | 210,114 | 0.64 | 18 | 97:366 | 6,192 |
180 | 4,797 | 0.42 | 863,460 | 2.61 | 18 | 97: 366 | 22,878 |
198 | 1,342 | 0.12 | 265,716 | 0.80 | 18 | 97: 366 | 6,408 |
216 | 1,744 | 0.15 | 376,704 | 1.14 | 18 | 97: 366 | 8,316 |
234 | 25,600 | 2.26 | 5,990,400 | 18.13 | 18 | 97: 366 | 122,130 |
Please refer to note below | 1 | 5:43502 | 5 | ||||
TOTAL | 1,131,847 | 100.00 | 33,036,624 | 100.00 | 5,399,519 |
Note: Post drawal of lots, a total 5,399,514 Equity Shares were allotted out of the 5,399,519 Equity Shares available for the Retail Portion. Accordingly, 43,502 successful applicants from the categories 36-234 ( i.e. excluding successful applicants from Category 18) were allotted 5 Equity Shares in the radio of 5:43502.
Monday, February 6, 2017
Avenue Supermarts (D-Mart) IPO opening date
Sunday, February 5, 2017
How to apply in IPO through ASBA? - IPO FAQ - Back to Basics
What is ASBA? Application Supported by Blocked Amount - Back to Basics
containing an authorization to block the application money in the bank account, for subscribing to an issue.
Saturday, February 4, 2017
Steel City Securities IPO - Objects to the Issue
Steel City Securities IPO opens from Feb 6
NSE appoints new Managing Director and CEO
Friday, February 3, 2017
BSE listing price: BSE lists at stunning premium
BSE has created history with its listing with the stock opening at Rs.1085 at a staggering premium of over 35 percent
At 10.09 AM, the stock was trading at Rs. 1138 after touching an intraday high of as high as Rs.1200
Stay tuned for more on BSE IPO!
Thursday, February 2, 2017
BSE to list tomorrow on NSE
The equity shares of Bombay Stock Exchange (BSE) is all set to be listed on National Stock Exchange (NSE) with effect from Feb 3, 2017
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BSE Listing Announcement - NSE
NATIONAL STOCK EXCHANGE OF INDIA LIMITED
DEPARTMENT : LISTING DEPARTMENT
Download Ref. No.: NSE/CML/34095 Date : February 01, 2017
Circular Ref. No.: 88/2017
To All Members
Sub : Listing of Security (IPO)
Members of the Exchange are hereby informed about the forthcoming listing of security (ies) on the
Exchange as follows:
Name of the company: BSE Limited
Symbol: BSE
ISIN: INE118H01025
The date of listing of the security (ies) shall be informed through a separate circular.
For and on behalf of
National Stock Exchange of India Limited
Divya Poojari
Manager
Wednesday, February 1, 2017
List of Upcoming IPOs - 2017
IPO Company List - 2017
CL Educate Limited
Prataap Snacks
BSE India
NSE India
GVR Infra Projects Limited
Paranjape Schemes Limited
SSIPL Retail Limited
Matrimony.com
Sandhar Technologies Ltd
Maini Precision Products Ltd
KPR Agrochem Limited
New Delhi Center for Sight Limited
Nihilent Techonologies Limited
Hinduja Leyland Finance Ltd
Seaways Shipping and Logistics Limited
Continental Warehousing
Mas Financial Services
D-Mart Supermarket
SIS Limited
Vodafone India
SBI Life Insurance
Go Airlines
Aster DM Healthcare
IRB InvIT Fund
Security & Intelligence Services
Genesis Colors
Shankara Building Products
Avenue Supermarts
G R Infraprojects
Cent Bank Home Finance Limited (CBHFL)
VLCC Health Care
BSE IPO Basis and Ratio of Allotment
Following is the basis of allotment of BSE IPO for Retail category:
BSE Ltd Basic of Allocation
Alloted 18 shares to applicant category As Follows :-
Sh Ratio
18 216:815
36 97:366
54 97:366
72 97:366
90 97:366
108 97:366
126 97:366
234 97:366
BSE IPO Allotment Status declared
BSE IPO Allotment Basis
BSE IPO Basis of allotment to retail investors is likely to be in the ratio of 1:4. The ratio would roughly translate to around 25 percent of applicants getting 18 equity shares
BSE IPO Allotment Status is declared and can be checked from link given below:
Click here to check now
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