Indian IPO Blog: IPO Listings in March 2011
Showing posts with label IPO Listings in March 2011. Show all posts
Showing posts with label IPO Listings in March 2011. Show all posts

Sunday, April 3, 2011

PTC India Financial Services closes listing day at a discount

April 03, 2011 0
PTC India Financial Services closes listing day at a discount
PTC India Financial Services, which listed on the exchanges on Wednesday, March 30, 2011, had a disappointing listing with the shares slipping below the issue price and touching Rs.23.50 as the Intra-day low as against an Issue Price of Rs.28/- per share, before closing the listing day at Rs.24.90 on the BSE

The share touched an Intra-day High of Rs.27/- on the NSE and Rs.28/- on the BSE. The total traded value on the BSE was 57.46 Crs. with 228.56 Lakhs shares being the Total Traded Quantity on the exchange

Earlier, 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

Friday, March 25, 2011

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

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!

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. 

Thursday, March 10, 2011

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!