Issue Opens on: Thursday, June 04 ,2009
Issue Closes on: Tuesday, June 09, 2009
Issue Size: 90,00,000 Equity Shares of Rs. 10/- each
Price Band: Rs.29/- to Rs.33/- per equity share
Bid Lot: 200 Shares
Lead Manager: IDBI Capital Market Services Ltd, PL Capital Markets Pvt Ltd
Registrar: Mondkar Computers Pvt Ltd

Rishabhdev Technocable, a cable manufacturing and trading company is entering the capital market with its initial public offer of 90,00,000 equity shares of Rs 10 each. The issue will open on June 4, 2009 and close on June 9, 2009. The price band is fixed at Rs 29-33 per share.
(Click here for complete info)


The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital to:

1. Expansion cum modernization of existing manufacturing facilities (Unit I) at Daman;
2. Setting up of new facilities (Unit II) at Daman for manufacturing Electrical Control Cables;
3. Setting up of new facilities (Unit III) at Silvassa for manufacturing Power cables;
4. Margin Money for working capital Requirements;
5. To meet Public Issue Expenses
6. General Corporate purpose

The equity shares of EdServ Softsystems will be listing on BSE and NSE on Monday, March 02, 2009. The issue price of the IPO was fixed at Rs.60 per equity share. The IPO was open from February 5 ,2009 to February 9, 2009 and was subscribed 1.30 times (Retail: 1.02 times)

Stay tuned for more info on Latest IPOs!

Edserv Softsystems Ltd IPO which opened from February 05, 2009 is finally subscribed 1.30 times as under:

Edserv Softsystems IPO Bidding Status (Final) as on Monday, February 09, 2009:
QIB: 1.08 times
Non-Institutional Investors: 3.10 times
Retail: 1.02 times
Employees: 0.04 times
Overall: 1.30 times

Stay tuned for listing info and updates on Edserv Softsystems Ltd IPO!

QIB: 0.00 times
Non-Institutional Investors: 0.00 times
Retail: 0.00 times
Employees: 0.00 times
Overall: 0.00 times

Issue Size: 39,73,908 Equity Shares of Rs. 10/- each

Issue Opens on: Thursday, February 5 ,2009
Issue Closes on: Monday, February 9 ,2009 
Price Band: Rs 55/- to Rs 60/- per equity share
Bid Lot: 100 Shares
Lead Manager: Keynote Corporate Services Ltd, Ashika Capital Ltd
Registrar: Karvy Computershare Pvt Ltd

Gemini Engi-Fab Limited IPO, which was scheduled to open today, i.e. on Tuesday, February 03, 2009 is now scrapped. Book Running Lead Manager to the issue Almondz Global Securities Limited has informed the Exchange that the Book Building issue of Gemini Engi-Fab Limited withdraws IPO due to poor response. IPO which was scheduled from February 3,2009 to February 6,2009 now stands cancelled.