Punjab and Sind Bank, which listed on the exchanges, today, cooled off quite significantly on the premium count by the close of the listing day. The share initially opened at Rs.146.10 on BSE as against an Issue Price of Rs.120/- per share, at a premium of about 25.75% over the Issue Price, but drifted downwards soon enough from there and finally closed the listing day at Rs.127.05, at a rather distasteful premium of about 5.88% over the Issue Price

On the NSE as well, the share opened at Rs.144/- and touched an Intra-day High of Rs.146.70, before closing the listing day at Rs.126.40, i.e. at a premium of 5.33% over the Issue Price

Although the Issue Price for the Retail and Employees categories was at a Rs.114/- per share, considering a lot of 50 shares per application, there still wasn't much left on the table for the Retail Investors by the close of the Listing day

Punjab and Sind Bank IPO, which closed for subscription on Thursday, December 16, 2010, was finally oversubscribed by excellent oversubscription figures, the overall subscription being a staggering 50.75 times. The Retail Category was subscribed 44.45 times. The subscription in the QIB and HNI Category has also been concrete with those categories getting overbid 49.80 times and 85.84 times respectively

Punjab and Sind Bank, which listed on the exchanges today, opened at Rs.146.10 on the BSE as against its Issue Price of Rs.120/- per share (Rs.114/- per share for Retail and Employees categories)

Punjab and Sind Bank IPO closed for subscription on Thursday, December 16, 2010 and was oversubscribed by 50.75 times. In the Retail Category, Punjab and Sind Bank IPO has received bids for 591240650 Equity Shares as against 13300000 Equity Shares offered / reserved for the category, thus lifting the oversubscription in the category to an extraordinary 44.45 times

Ravi Kumar Distilleries Ltd., which listed on the exchanges today on Monday, December 27, 2010, opened on the BSE at its Issue Price of Rs.64/- per share and went on to touch Rs.90.30 as its Intra-day High, before closing at Rs.80.05 on the Listing Day, at a premium of about 25.08% over its Issue Price

Ravikumar Distilleries IPO had received a mixed response from the investors. While the IPO managed to gather good response from HNI and Retail Category, the subscription from the QIB Category was not so keen. The company is engaged in the business of manufacturing of Indian Made Foreign Liquors (IMFL) products

A2Z Maintenance and Engineering Services Ltd., which listed on the exchanges today, opened at Rs.390/- per share on the BSE as against the Issue Price of Rs.400/- per share. Amidst high turnover, the share kept drifting down and touched an Intra-day low of Rs.318.65 on the BSE, before closing the Listing Day at Rs.328.90, at a discount of 17.78% over the Issue Price

A2Z Maintenance and Engineering Services Ltd. is an engineering, procurement and construction (“EPC”) company, The IPO had finally managed to gather 0.96 times subscription on an overall basis on the closing day

Claris Lifesciences Ltd., which listed its shares on BSE from today, opened at Rs.224.40 as against an Issue Price of Rs.228/- per share, at a discount of about 1.6% on the Issue Price. The share touched an Intra-day High of Rs.227.90 and an Intra-day Low of Rs.198.10 before closing at Rs.205.85 on the BSE

Claris is an Indian sterile injectables pharmaceutical company with a presence in 76 countries worldwide. Claris Lifesciences IPO was earlier extended and price band revised, consequent to which the IPO was subscribed 1.50 times on an overall basis

Claris Lifesciences Ltd., which listed its shares on BSE from today, opened at Rs.224.40 as against an Issue Price of Rs.228/- per share, at a discount of about 1.6% on the Issue Price

Claris Lifesciences IPO was earlier extended and price band revised, consequent to which the IPO was subscribed 1.50 times on an overall basis. Claris is one of the largest Indian sterile injectables pharmaceutical companies with a presence in 76 countries worldwide

MOIL Limited, which listed on the exchanges today, opened at a hefty Rs.565/- per share on the NSE as against an Issue Price of Rs.375/- per share, i.e. at a premium of Rs.190/- per share or about 50.66% on the Issue Price

However, the strength could not quite be sustained for long as it drifted down to sub 550 levels in opening few minutes of trade and eventually slipped below the 500 mark by about 1:30 PM on the BSE. It touched an Intra-day high of Rs.591.05 and an Intra-day low of Rs.458.50 before closing the listing day at Rs.466.50 per share

MOIL Limited (Manganese Ore India Limited) is a producer of manganese ore, primarily used to make ferro-alloys for steel production. MOIL is a 'Mini Ratna' PSU, owned by Government of India and under the administrative control of the Ministry of Steel

MOIL Ltd. IPO had opened for subscription from Friday, November 26, 2010 and was assigned an IPO Grade 5/5 by credit rating agency CARE

The Equity Shares of MOIL Limited listed on the NSE at Rs.565/- per share. The Issue Price was fixed at the higher end of the price band at Rs.375/- per equity share. Retail Investors and Employees were offered a discount of 5% on the issue price, the Issue Price for them therefore being Rs.356.25


MOIL Limited (Manganese Ore India Limited) is a producer of manganese ore, primarily used to make ferro-alloys for steel production. MOIL is a 'Mini Ratna' PSU, owned by Government of India and under the administrative control of the Ministry of Steel

MOIL Ltd. IPO had opened for subscription from Friday, November 26, 2010 and was assigned an IPO Grade 5/5 by credit rating agency CARE

RPP Infra Projects Ltd., which listed on the exchanges today, closed at a discount of 8% on its Issue Price at Rs.68.95 on the BSE as against its Issue Price of Rs.75/- per share

The share did, however, touched an Intra-day high of Rs.80.40 in the early minutes of trade, but could not quite maintain premium over the Issue Price after the first hour of trade

RPP Infra Projects IPO was subscribed 2.97 times. The company is primarily engaged in the business of infrastructure development such as highways, roads and bridges.

The Equity Shares of RPP Infra Projects Ltd. will be listed and admitted to the dealings on the exchanges with effect from Monday, December 6, 2010 in the 'B' Group of Securities

RPP Infra Projects is primarily engaged in the business of infrastructure development such as highways, roads and bridges. RPP Infra Projects IPO was subscribed 2.97 times

VA Tech Wabag Ltd., which listed on the exchanges yesterday, closed the day at a premium of 30.49% over its Issue Price of Rs.1310/- per share. The share closed at Rs.1709.40 on the BSE after touching an Intra-day High of Rs.1806.60 and a low of Rs.1651.10. On the NSE, it closed at Rs.1704.80

VA Tech Wabag IPO had received an overwhelming response from the market with the IPO finally getting overbid by 36.22 times on an overall basis

VA Tech Wabag is one of the world’s leading companies in the water treatment field. VA Tech Wabag provides turn-key solutions for water and waste water treatment to municipal and industrial users

Career Point Ltd., which listed on the exchanges today, has closed the listing day with a spectacular premium of 104% premium over its Issue Price. The share closed at Rs.632.35 on the BSE as against an issue price of Rs.310/- per equity share.

Career Point Ltd. touched an Intra-day high of Rs.674 on the BSE and Rs.664 on the NSE with an Intra-day low of Rs.450 and Rs.436.10 on BSE and NSE respectively

The IPO of Career Point Infosystems Limited, had closed with splendid oversubscription figures of over 47 times on an overall basis. The IPO was overbid by 31.74 times in the Retail Category and by a gigantic 101.93 times in HNI Category. The QIB Category, too, had received 47.45 times oversubscription

Technofab Engineering IPO which listed on the exchanges yesterday, closed at Rs.295.65 on the BSE as against an Issue Price of Rs.240/- per equity share, at a premium of 23.18% over the Issue Price. The share opened at Rs.265/- and touched an Intra-day High of Rs.307/- per share

Technofab Engineering IPO had opened for subscription from Tuesday, June 29, 2010. The Company is engaged in the business of providing Engineering Procurement and Construction (EPC) services, and executing a wide range of Balance-of-Plant (BoP) and electro-mechanical projects on a complete turnkey basis

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

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

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

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

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

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

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

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


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

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

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

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


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

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

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

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

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

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

Goenka Diamond and Jewels Ltd., which listed on the Exchanges today, closed at Rs.127.85, at a discount of 5.3% on its Issue Price. The share had opened on the NSE with discount of 8.15% to its issue price of Rs.135 per share

On the BSE, it listed at Rs.130, touched an Intra-day low of Rs.92.35 and an Intra-day high of Rs.141.35

Goenka Diamond and Jewels IPO was subscribed 1.07 times on an overall basis, with Retail Category getting subscribed 0.66 times