Indian IPO Blog

Tuesday, November 22, 2011

Oil India Stake sale approved

November 22, 2011 0
Oil India Stake sale approved
The oil ministry has approved sale of a 10% stake in state-run Oil India Limited. The Government of India currently owns 78.4% of Oil India.

Oil India Limited (OIL) had come up with an IPO in September 2009 with the issue price at Rs.1050/- per equity share. The issue price was fixed at the higher end of the price band for the IPO which was Rs.950/- to Rs.1050/- per equity share under the IPO

Oil India Ltd. IPO had received very good response especially from the QIB Category, with the IPO being oversubscribed by 30.82 times on an overall basis and 53.83 times in the QIB Category. Retail Category was subscribed by only 1.76 times

Tuesday, November 1, 2011

Indo Thai Securities to list on November 2, 2011

November 01, 2011 0
Indo Thai Securities to list on November 2, 2011
Indo Thai Securities Limited will be listed and admitted to the dealings on the exchange with effect from November 2, 2011. The Company had earlier fixed Issue Price of the Equity Shares offered under the IPO at Rs.74/- per share as compared to the Price Band of Rs.70/- to Rs.84/- per share

Indo Thai Securities is an Indian Stock Broking Company providing trading services in Indian Equity Market (BSE and NSE), Future & Options and Currency Derivatives Segments. The company also provides depository services through Central Depository Services (India) Limited. Other services offered by Indo Thai Securities includes Mutual Fund Service System (MFSS) & Interest Rate Futures (IRF) from NSE. The company is promoted by Mr. Parasmal Doshi and Mr. Dhanpal Doshi

Check back Indian IPO Blog for more on the Indo Thai Securities IPO!

Sunday, October 30, 2011

Indian IPO Blog - SMS Alerts notification

October 30, 2011 0
Indian IPO Blog - SMS Alerts notification
In consonance with the newly notified guidelines by TRAI, please note that you may not receive Free SMS Alerts from Indian IPO Blog if your number is registered with the National Do Not Disturb (DND) Registry

You may opt out of the DND service by following the steps given below: 
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ReGen Powertech to come up with an IPO

October 30, 2011 0
ReGen Powertech to come up with an IPO
ReGen Powertech Limited, a Chennai-based wind turbine manufacturer, is coming up with an IPO of Equity Shares to raise between Rs.400 crore and Rs.500 crore from the market

ReGen Powertech Limited, is committed to providing an alternative source of energy that is sustainable. ReGen Powertech offers total "Turnkey Solutions" for wind power projects that includes consultancy, manufacturing, supply, erection, commissioning, operations and maintenance services of wind turbines.

ReGen manufactures technologically advanced wind turbines at its well planned, state-of-the-art production facility near Tada in Andhra Pradesh, India. The plant houses a sophisticated assembly line and a completely integrated in-house R&D Center. The company currently manufactures about 200 gearless wind turbine generators of 1.5 MW capacity per annum which it proposes to increase to 500 wind turbine generators by 2010.

ReGen has a technical licensing agreement with Vensys Energy AG, Germany, a global player in wind turbine design and development. Vensys has installations in key wind energy markets such as Germany, China, Canada, and Czech Republic and currently in the Spanish and Indian markets.

Tuesday, October 25, 2011

Happy Diwali to all Readers!

October 25, 2011 0
Happy Diwali to all Readers!
 
With Gleam of Diyas and 
Echo of Chants 
Here's a wish that 
May Happiness, Peace,
Prosperity and Contentment 
fill up your lives

Indian IPO Blog 
wishes its readers
Sparkling Diwali and 
A Prosperous New Year!

Wednesday, October 19, 2011

Flexituff International maintains green zone throughout the listing day

October 19, 2011 0
Flexituff International maintains green zone throughout the listing day
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 crashes on listing day

October 19, 2011 0
Taksheel Solutions crashes on listing day
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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