Flexituff International Limited, an integrated manufacturer of flexible intermediate bulk containers (FIBC), listed its Equity Shares on the Exchanges today. The share closed with 7% premium at Rs 165.55 a share on listing day. The stock has touched an intra-day high of Rs 187.70 and low of Rs 142, after opening at Rs 156.90 on the National Stock Exchange

Flexituff International Ltd. is engaged in the business of manufacturing Flexible Intermediate Bulk Containers (FIBC), Geo-Textile Fabric and Ground Cover, Reverse Printed Biaxially Oriented Polypropylene (BOPP) Woven Bags, Special Polypropylene (PP) Bags including Leno Bags

Taksheel Solutions Limited listed its Equity Shares on the exchanges today. The stock opened at about Rs.157 on the BSE and managed to touch an Intra-day High of Rs.185/- but then began crumbling post noon to end up at a closing market price of Rs.55.85, or at a discount of close to 62.75% on the Issue Price of Rs.150/- a share

Taksheel Solutions Limited is IT company engaged in the business of providing products and services to the financial services industry, Information Technology & Telecom. The Company is headquartered in Hyderabad, and provides professional IT services to global clients. Taksheel offers Wealth Management Technology Solutions, Telecom Solutions, Business Intelligence, Data Warehousing, Application Development and Application Maintenance

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Listing Date: Friday, September 16, 2011
Face Value: Rs.10/- each
Issue Price: Rs.58/- per share

Listing Day Price Summary:

On the BSE			On the NSE
Open:	55.00		Open:	68.00
High:	61.40		High:	68.00
Low:	31.80		Low:	31.50
Close:	33.65		Close:	33.25

Future Ventures India Limited, which listed on the exchanges today, had a terrible listing today, a story which is now increasingly becoming familiar with most of these small tick IPOs that hit the streets. The Price Band for Future Ventures India Limited IPO was fixed at Rs.10/- to Rs.11/- per equity share and the Issue Price was fixed at the lower end of the price band at par with the Face Value of shares

Future Ventures India Limited opened at a discount in the first place, and even went on to take a dip upto Rs.7.95 as the Intra-day Low on the BSE, before closing at Rs.8.30 on the BSE and Rs.8.25 on the NSE. The share failed to get into premium over the Issue Price at any point during the trade and only managed to touch Rs.9.50 as the Intra-day High on the BSE and Rs.9.65 on the NSE. The Total Traded Value was Rs.64.91 crores on the BSE with an aggregate of 7,60,01,845 Equity Shares being traded on the listing day

Future Ventures India Limited plans to use a part of the proceeds from the IPO for acquiring new businesses and another part to grow the existing businesses. Although below par listing was anticipated by many, the relatively poor response to the IPO coupled with a terrible listing day seems to have left a bad taste in the mouth of most investors