Indian IPO Blog: IPO in 2018
Showing posts with label IPO in 2018. Show all posts
Showing posts with label IPO in 2018. Show all posts

Monday, September 17, 2018

Aavas Financiers IPO Detailed Info

September 17, 2018 0
Aavas Financiers IPO Detailed Info

*Aavas Financiers Limited IPO*

◆ Open Date: *Sep 25, 2018*

◆ Close Date: *Sep 27, 2018*

◆ Allotment Date: *Oct 03, 2018*

◆ Listing Date: *Oct 08, 2018*

◆ Face Value: Rs 10 Per Equity Share 

◆ Issue Price: *Rs 818/- to Rs 821/-* Per Equity Share

◆ Issue Size: 21,121,437 Equity Shares of Rs 10/- Aggregating up to Rs 1734.07 Cr

◆ Market Lot (Min Amount): *18 Shares (Rs 14,778/-)*
 
◆ Listing At: NSE, BSE

◆ Registrar: Link Intime India Private Limited

◆ Lead Manager: Citigroup Global Markets India Private Ltd, Edelweiss Capital Ltd, HDFC Bank Ltd, ICICI Securities Ltd, Spark Capital Advisor Private Ltd.

◆ EPS: *Rs 15.20/-*

◆ P/E Ratio: *54.01*

◆ RoNW: *8.46%*

◆ Net Asset Value (NAV): *Rs 157.03*

◆ Promoters: *Lake District Holdings Ltd & Partners Gorup ESCL Ltd*

Friday, September 7, 2018

IRCON International IPO Dates and schedule

September 07, 2018 0
IRCON International IPO Dates and schedule
IRCON International Limited IPO Tentative details
◆ Open Date: *Sep 17, 2018*
◆ Close Date: *Sep 19, 2018*
◆ Expected Allotment Date: *Sep 26, 2018*
◆ Expected Listing Date: *Sep 28, 2018*
◆ Face Value: Rs 10 Per Equity Share 
◆ Issue Price: *Rs 470/- to Rs 475/-* Per Equity Share *(Rs 10/- discount for RII and Employees)*
◆ Issue Size: Offer for Sale of 99,05,157 Equity Shares of Rs 10/- each at price of Rs 470/- to Rs 475/- aggregating up to Rs 470.49 Cr
◆ Market Lot (Min Amount): *30 Shares (Rs 14,250/-)*
 ◆ Listing At (Group): NSE, BSE (B - Group)
◆ Registrar: Karvy Computershare Private Limited
◆ Lead Manager: IDBI Capital Markets & Securities Limited, Axis Capital Limited, SBI Capital Markets Limited
◆ EPS: *Rs 42.13/-*
◆ P/E Ratio: *11.27*
◆ RoNW: *10.98%*
◆ Net Asset Value (NAV) - As on 31.12.17: *Rs 398.51*
◆ Promoters: *The President of India acting through Ministry of Railways*

Wednesday, August 8, 2018

Creditaccess Grameen IPO opens - Should you apply? Brokerage Analysts Recommendations

August 08, 2018 0
Creditaccess Grameen IPO opens - Should you apply? Brokerage Analysts Recommendations
Brokerage recommendations for Creditaccess Grameen IPO

Antique Broking
Recommends ‘Avoid’.
Geographic concentration, lack of technology and people, and its inability to offer beyond joint lending group loans raises questions on long-term competitive positioning.
Valuations do not leave investors with much margin of safety.

Emkay Global
Recommends ‘Avoid’.
Valuations doesn’t justify adherent business risks and low returns on equity.

SMC Global
Recommends ‘Subscribe’.
While 11.8 percent return on equity for 2017-18 is still sub-optimal compared to some of the large MFIs, the valuation adequately captures this and any improvement in the return on equity will aid further valuations.

Prabhudas Lilladher
Recommends ‘Subscribe’ for long term.
Expensive valuations and high business concentration risks are key deterrents
Improvement of return on equity is crucial
Listing gains may be limited.


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Friday, August 3, 2018

Creditaccess Grameen IPO Details

August 03, 2018 0
Creditaccess Grameen IPO Details

Thursday, August 2, 2018

HDFC AMC IPO Basis of Allotment

August 02, 2018 0
HDFC AMC IPO Basis of Allotment
HDFC AMC IPO - Basis of allotment has been out.
*HDFC AMC IPO Update*:
Basis of Allotment
Retail Investors will get 13 Shares for minimum bid lot in 994 : 3879 ratio
From 26 – 169 bid lot will get 13 Shares in 41 : 160 ratio
HNI Final Subscription: 194.38504
Unblocking of Funds: 02-Aug-2018
Credit of Shares : 03-Aug-2018
Listing of Shares: 06-Aug -2018

Wednesday, July 25, 2018

HDFC AMC IPO subscribed fully on Day 1

July 25, 2018 0
HDFC AMC IPO subscribed fully on Day 1

The IPO of HDFC AMC Limited, the Mutual Fund business of HDFC, has been fully subscribed on Day 1 of its opening

The IPO got subscribed in different categories as under:

QIB: 1.19x
HNI: 0.55x
Retail: 1.34x
Employee: 0.54x
Shareholders: 0.60x
Overall: 1.03 times

The IPO closes for subscription on Jul 27, 2018. Stay tuned to Indian IPO Blog for more on HDFC AMC IPO. Join Whatsapp group for Free for latest discussions

You can apply twice in HDFC AMC IPO if you hold HDFC shares

July 25, 2018 0
You can apply twice in HDFC AMC IPO if you hold HDFC shares
Equity shareholders of HDFC Limited, holding shares as on Mar 14, 2018 would be able to apply additionally in shareholder quota for the upcoming IPO of HDFC AMC Limited

Shares under HDFC AMC IPO are offered in a price band of Rs.1095 to Rs.1110 a piece

All HDFC shareholders, says the a note from one of brokerage houses, as on 14 March 2018, can make three applications under the HDFC shareholder portion, retail portion and HDFC employee reservation portion/HDFC AMC employee reservation portion (for eligible employees only). 

The maximum bid amount in the HDFC shareholders’ reservation portion by an eligible HDFC shareholder cannot exceed ₹ 2 lakh.

Thursday, July 19, 2018

HDFC AMC IPO - Record date for HDFC shareholders

July 19, 2018 0
HDFC AMC IPO - Record date for HDFC shareholders
HDFC AMC IPO which is going to open for subscription from Jul 25, has a shareholder quota. Shareholders who have shares of HDFC Limited would be eligible to apply in this category

HDFC AMC IPO Record date for HDFC Limited shareholders to apply is 14.03.2018  (i.e 14th March)

This means that those who hold in demat on or before 14 March can apply in HDFC share holder quota
Shareholder quota applicants may derive benefit in allotment if the retail category is oversubscribed several times which is very likely given the anticipation to the IPO

HDFC AMC IPO - Offer Size and Allocation

July 19, 2018 0
HDFC AMC IPO - Offer Size and Allocation
HDFC AMC IPO (SIZE & ALLOCATION)
QIB : 1,10,88,776
NII : 33,26,634
Retail : 77,62,145
Eligible HDFC AMC Employees : 3,20,000
Eligible HDFC Employees : 5,60,000
Eligible HDFC Shareholders : 24,00,000
Total: 2,54,57,555 Equity Shares

Monday, July 9, 2018

Gear up for more SME IPO - Collections witness more than 2 times jump

July 09, 2018 0
Gear up for more SME IPO - Collections witness more than 2 times jump
Small and medium enterprises (SMEs) raised Rs.825 crore through initial public offerings in the first quarter of 2018-19, more than two-fold jump from the preceding financial year.

Last year, around 55 SME companies had tapped the IPO route and got listed on the exchange's platform. This year there are going to be around 100 SME IPOs hitting the market

A total of 47 companies got listed with initial shares-sale offers worth Rs 825 crore during April-June quarter of 2018-19 as compared to 24 firms during the same period in previous year

Sunday, July 8, 2018

Avon Moldplast SME IPO Details

July 08, 2018 0
Avon Moldplast SME IPO Details

Issue opens on: Jul 12, 2018
Issue closes on: Jul 18, 2018
Issue Type: Fixed Price Issue IPO
Issue Size: 884,000 Equity Shares of Rs 10
Face Value: Rs 10 Per Equity Share
Issue Price: Rs 51 Per Equity Share
Bid Lot: 2000 Shares
Listing At: NSE SME


Monday, July 2, 2018

SEBI asks HDFC AMC to cancel pre-IPO share sale

July 02, 2018 0
SEBI asks HDFC AMC to cancel pre-IPO share sale
HDFC Asset Management has been directed by the Securities and Exchange Board of India (SEBI) to refund the money collected from distributors and advisers for its pre-IPO share sale

HDFC AMC filed for the approval of its IPO in March. Its draft red herring prospectus mentioned that it may allot close to 7.2 lakh shares to its distributors, a move that SEBI did not allow. The fund house then went for a private placement with the said distributors

Thursday, June 21, 2018

Wednesday, June 13, 2018

Bharat 22 ETF Further Fund Offer Details

June 13, 2018 0
Bharat 22 ETF Further Fund Offer Details

Bharat 22 ETF Further Fund Offer Details

Anchor:19th June 2018

Non-Anchor:20th June 2018 to 22nd June 2018

Bharat 22 Fund of Fund (FOF for non-Demat investors) for Retail Category Only.

From 19th June to 22nd June 2018.

Discount: 2.5%

Base issue size:Rs 6000 crs with green shoe option

Friday, May 11, 2018

Indostar Capital Finance IPO closes today - Subscription status till 11 AM

May 11, 2018 0
Indostar Capital Finance IPO closes today - Subscription status till 11 AM

Sunday, March 25, 2018

ICICI Securities IPO Price Band, Bid Lot and other details

March 25, 2018 0
ICICI Securities IPO Price Band, Bid Lot and other details
Issue opens on: March 22, 2018
Issue closes on: March 26, 2018
Face Value: Rs 5 Per Equity Share
Price Band: Rs.519 to Rs.520 per equity share
Bid Lot: 28 Equity Shares
Listing on: NSE, BSE

Lemon Tree Hotels Limited IPO Details

March 25, 2018 0
Lemon Tree Hotels Limited IPO Details
Issue Opens on: Mar 26, 2018 - Mar 28, 2018
Issue Size: 185,479,400 Equity Shares of Rs 10 aggregating up to Rs 1,038.68 Cr
Price Band: Rs.54 to Rs.56 per equity share
Bid Lot: 265 Shares
Listing At: BSE, NSE

Friday, March 9, 2018

Hindustan Aeronautics IPO Details

March 09, 2018 0
Hindustan Aeronautics IPO Details

Hindustan Aeronautics IPO Details

Issue Dates : *16th to 20th March*
Issue Price : *Rs. 1215 to Rs1240*
Retail & Employee Discount : *RS. 25 Per Share*
Lot Size : *12 Shares*
Issue Size (shares) : *3,41,07,525*
Issue Size (Amount) :*4229.33 Crores*
Employee Reservation :
*668,775 Shares*
Net Issue Size : *3,34,38,750 Shares*

Allocation:
*QIB - 50%*
*NII - 15%*
*Retail - 35%*

Thursday, February 15, 2018

HG Infra Engineering IPO Details

February 15, 2018 0
HG Infra Engineering IPO Details

H.G. Infra Engineering Ltd IPO Details (Concise)
Opens: 26/02/18
Closes: 28/02/18
Price Band: Rs. 263-270
Lot: 55 Share
Min App: Rs. 14850
Size: Fresh - 300 Cr. + OFS - 6 mn Share
Allocation: QIB-50%, HNI-15%, RII-35%