Punjab & Sind Bank IPO would open for subscription from Monday, December 13, 2010. Punjab & Sind Bank is the only state-owned bank that is not yet listed. Punjab & Sind Bank IPO would consist of 40,000,000 Equity Shares of Rs.10/- each.

Enam Securities Pvt. Ltd., ICICI Securities Ltd., SBI Capital Markets Ltd. are the Book Running Lead Managers to the Issue whereas Link Intime India Pvt. Ltd. is the Registrar

The Red Herring Prospectus for Punjab & Sind Bank IPO can be downloaded from here

Credit Rating Agency CARE has assigned an IPO Grade 4/5 to the proposed IPO of Punjab & Sind Bank IPO. The IPO Grade so assigned indicates Above Average fundamentals of Punjab & Sind Bank. CARE assigns IPO grades on a scale of IPO Grade 5 to IPO Grade 1, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. Click here to download the Punjab & Sind Bank IPO Grading Document

Satluj Jal Vidyut Nigam IPO has been assigned an IPO Grade 4/5 by the credit rating agency CARE. CARE assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. An IPO Grade 4 from CARE implies that as per CARE, the fundamentals of the company are 'Above Average'. Satluj Jal Vidyut Nigam IPO Grading Document may be downloaded from here

Satluj Jal Vidyut Nigam IPO will open for subscription from Thursday, April 29, 2010. The IPO, which would consist of Equity Shares, having a Face Value of Rs.10/- each would remain open for subscription till Monday, May 03, 2010. The offer comprises a net offer to the public of 411,650,000 equity shares and a reservation of 3,350,000 equity shares for purchase by eligible employees at the offer price

Check back Indian IPO Blog regularly for day to day subscription status and other updates on Satluj Jal Vidyut Nigam (SJVN) IPO!

CRISIL has assigned an IPO Grade 4 to Persistent Systems Ltd. IPO. This means that as per CRISIL, Company has Above Average Fundamentals. CRISIL assigns IPO gradings on a scale of IPO Grade 5 to IPO Grade 1, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for Persistent Systems Ltd.

Persistent Systems Ltd., a company engaged in the business of outsourced software product development (OPD) services, is entering capital markets with an IPO of 5,419,706 Equity Shares of Rs.10 each. The IPO would consist of 5,419,706 Equity Shares of Rs.10 each. The issue comprises of a net issue to the public of 48,77,730 shares and a reservation of up to 5,41,976 equity shares for eligible employees.

Stay tuned for day-to-day subscription status updates of Persistent Systems IPO!

Credit Rating Agency Fitch has assigned an IPO Grade 3 to the upcoming IPO of DQ Entertainment (International) Ltd. This rating indicates that as per Fitch, company has 'Average Fundamentals'

Fitch assigns IPO gradings on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals

Click here to download the Fitch IPO Grading Document for DQ Entertainment Ltd

Credit Rating Agency ICRA has assigned an IPO Grade 3 to the IPO of United Bank of India. ICRA assigns IPO gradings on a scale of IPO Grade 5 to IPO Grade 1, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. An IPO Grade 3 from ICRA means that the company has average fundamentals. The IPO Grading Document for United Bank of India IPO can be downloaded from here


The IPO consists of 5 Crore Equity Shares, having a Face Value of Rs.10/- each. The IPO would remain open for subscription between Tuesday, February 23, 2010 and Thursday, February 25, 2010. The day to day subscription status of the IPO will be posted here. Check back Indian IPO Blog frequently for latest updates on United Bank of India IPO!


More posts on United Bank of India IPO:
> United Bank IPO opens for subscription
> United Bank of India IPO | Download Red Herring Prospectus
> United Bank of India IPO Bid Lot and Price Band
> United Bank of India IPO - Objects of the Issue
> United Bank of India IPO Details
> United Bank of India IPO Price Band
> United Bank of India IPO to open from Tuesday, February 23, 2010

Credit rating agency, CARE has assigned an IPO Grade '4/5' for the IPO of United Bank of India IPO, indicating above average fundamentals. CARE assigns IPO Grades on a scale of IPO Grade 5 to IPO Grade 1, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. CARE's IPO Grading assigned to any individual issue represents a relative assessment of the fundamentals of the issuer

The IPO Grading Document for United Bank of India IPO can be downloaded from here

Credit Rating Agency CRISIL has come out with an IPO Rating for the upcoming IPO of Man Infraconstuction Ltd., a construction company located in Mumbai. CRISIL has assigned a CRISIL IPO Grade 3/5 to the IPO. The grade indicates that the fundamentals of the issue are Average relative to other listed equity securities in India. However, this grade is not an opinion on whether the issue price is appropriate in relation to the issue fundamentals


CRISIL assigns IPO gradings on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. The IPO Grading Document for the CRISIL Rating on Man Infraconstuction IPO can be downloaded from here


Man Infraconstruction Ltd., an infrastructure construction company headquartered in Mumbai, is entering capital markets with an IPO of 5,625,150 Equity Shares, having a Face Value of Rs.10/- each. The IPO would open for subscription from Thursday, February 18, 2010 and would remain open for subscription till Monday, February 22, 2010

Credit Rating Agency CARE has assigned an IPO Grade 2 to the upcoming IPO of Texmo Pipes and Products Ltd. CARE assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. A CARE IPO Grade 2 indicates that the company has "Below Average Fundamentals"

Click here to download IPO Grading Document for Texmo Pipes and Products Ltd. IPO

Texmo Pipes & Products Limited is engaged into manufacturing of range of PVC and HDPE pipes.The IPO, which will remain open for subscription between Tuesday, February 16, 2010 and Friday, February 19, 2010, consists of 5,000,000 Equity Shares, having a Face Value of Rs.10 each

DB Realty IPO has been assigned an IPO Grade 2 by Credit Rating Agency CRISIL. An IPO Grade 2 from CRISIL indicates that as per CRISIL, the company has Below Average Fundamentals

CRISIL assigns IPO gradings on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for DB Realty Limited!

DB Realty Limited (DBRL) is a real estate development company focusing on residential, commercial, retail and other projects, such as mass housing and cluster redevelopment in and around Mumbai. The IPO would remain open till Tuesday, February 2, 2010

Credit Rating Agency CARE has assigned an IPO Grade 2 to Syncom Healthcare IPO. An IPO Grade 2 from CARE indicates that according to CARE, the company has Below Average Fundamentals. CARE assigns IPO gradings on a scale of 1 to 5, with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals

Syncom Healthcare Ltd., a pharmaceutical company engaged in the business of manufacturing, marketing & trading of pharmaceuticals formulations under its own brands of Ethical, OTC, Generic and Herbal market segment, is entering the capital markets with an 100% Book-Built Issue IPO of 7,500,000 Equity Shares, having a Face Value of Rs.10/- each

More posts on Syncom Healthcare IPO:
> Syncom Healthcare Limited IPO - Objects of the Issue

> Syncom Healthcare Limited IPO opens for subscription from January 27, 2010

Credit Rating Agency Brickwork Ratings has assigned BWR IPO Grade 3 for the forthcoming IPO of Thangamayil Jewellery Limited (TJL). A "BWR IPO Grade 3" indicates that the fundamentals of the issue are Average in relation to its peers. BWR assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals of the issue in relation to its peers.

Thangamayil Jewellery Ltd. (TJL) is one of the leading jewellery retailers in Madurai and trades in Gold Jewellery, Diamond and Platinum jewels. The IPO would open for subscription from Wednesday, January 27, 2010 and would remain open for subscription till Friday, January 29, 2010

Click here for Brickwork IPO Grading Document for Thangamayil Jewellery IPO !

Brickwork Ratings has assigned an IPO Grade 3 to the upcoming IPO of Aqua Logistics Ltd. An IPO Grade 3 indicates that according to Brickwork Ratings, the company has Average Fundamentals. Brickwork assigns IPO gradings on a scale of 1 to 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals.

Click here to download the Aqua Logistics Ltd. IPO Grading Document

- Draft Red Herring Prospectus (SEBI)
- Red Herring Prospectus (NSE)
- IPO Grading Document (CRISIL)

Godrej Properties Ltd. IPO which opens for subscription from Wednesday, December 09, 2009, has been assigned 'ICRA IPO Grade 4' by Credit Rating agency ICRA .

ICRA assigns IPO grades on a scale of Grade 5 to Grade 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. 'ICRA IPO Grade 4' assigned to an IPO indicates that the company has Above Average Fundamentals.

Godrej Properties Ltd. is one of the leading real estate development companies in India. The company was established in 1990 and is one of the first real estate companies to have obtained an ISO certification. Company's business focuses on residential, commercial and township developments. It currently has projects in 10 cities across India

The upcoming IPO of JSW Energy Ltd. has been assigned "CARE IPO Grade 4" by Credit Rating Agency CARE. "CARE IPO Grade 4" indicates that the company has above average fundamentals. CARE assigns IPO grades on a scale of Grade 5 to Grade 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals

(Click here to download CARE IPO Rating Document for JSW Energy IPO)

JSW Energy IPO opens for subscription from Monday, December 07, 2009 and will remain open till Wednesday, December 09, 2009

Credit Rating Agency ICRA has assigned an IPO Grade 2 to the upcoming IPO of MBL Infrastructures Ltd IPO, which opens for subscription from Friday, November 27, 2009. An IPO Grade 2 from ICRA implies that the company has below average fundamentals. ICRA assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.
(Click here to download the ICRA IPO Grade Document for MBL Infrastructure Limited IPO)


MBL Infrastructures Ltd. IPO is engaged in the construction and maintenance of roads and highways, industrial infrastructure projects and other civil engineering projects for various government bodies and other clients. The company is coming up with an IPO of IPO of 5,700,000 Equity Shares each having a Face Value of Rs.10/- each. The issue includes net issue to the public of 5,600,000 Equity Shares to the public and a reservation of upto 100,000 equity shares for subscription by eligible employees the price band of the IPO being Rs.165/- to Rs.180/- per equity share.


Stay tuned to Indian IPO Blog for latest updates on MBL Infrastructures Ltd. IPO!

The IPO of one of India’s largest tour and travel operator, Cox and Kings (India) Ltd. opens for subsription from today. The IPO consists of 18,496,640 Equity Shares, having a Face Value of Rs.10 each. The IPO will remain open till Friday, November 20, 2009

The IPO has been assigned CARE IPO Grade 4 by Credit Rating Agency CARE
(Click here for more)

Stay tuned for day to day subscription update on Cox and Kings (India) IPO!

More Posts on Cox and Kings (India) IPO:
> Cox and Kings IPO Rating
> Cox and Kings IPO may hit the markets soon

The IPO of one of India’s largest tour and travel operator, Cox and Kings (India) Ltd. opens for subsription from Wednesday, November 18, 2009. The IPO consists of 18,496,640 Equity Shares, having a Face Value of Rs.10 each. The IPO will remain open till Friday, November 20, 2009

The IPO has been assigned CARE IPO Grade 4 by Credit Rating Agency CARE
(Click here for more)

More Posts on Cox and Kings (India) IPO:
> Cox and Kings IPO Rating
> Cox and Kings IPO may hit the markets soon

Credit Rating Agency CARE has assigned CARE IPO Grade 4 to the proposed IPO of Cox and Kings (India) Ltd. CARE IPO Grade 4 indicates above average fundamentals. CARE assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.

The company had filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday, August 21, 2009. The proposed IPO of Cox and Kings(India) will consist of 18,496,640 Equity Shares, each having a Face Value of Rs.10 each

Stay tuned for more updates on Cox and Kings IPO!

More posts on Cox and Kings (India) IPO:
> Cox and Kings IPO Price Band
> Cox and Kings (India) IPO Details
> Cox and Kings IPO to open for subscription from Wednesday, November 18, 2009
> Cox and Kings IPO may hit the markets soon
> All posts on Cox and Kings (India) IPO