The Equity Shares of Technofab Engineering Ltd. will be listed on the Exchanges today. The Issue Price for the IPO was fixed at the upper end of the price band at Rs.240/- per equity share. The Price Band for the IPO was Rs.230/- to Rs.240/- per equity share

The IPO of Technofab Engineering IPO was oversubscribed by a remarkable 12.78 times on an overall basis. The IPO had managed to garner a magnificent response from the HNI Category, which was overbid 48.85 times. The Retail Category was oversubscribed 10.03 times

Technofab Engineering IPO had opened for subscription from Tuesday, June 29, 2010. The Company engaged in the business of providing Engineering Procurement and Construction (EPC) services, and executing a wide range of Balance-of-Plant (BoP) and electro-mechanical projects on a complete turnkey basis. Credit Rating Agency Fitch Ratings had assigned an IPO Grade 3/5 to the proposed Initial Public Offer (IPO) of Technofab Engineering Ltd. (Click here for more on Technofab Engineering IPO Rating)


More Posts on Technofab Engineering IPO:
- Technofab Engg IPO - Subscription Statistics
- Technofab Engineering IPO Final Subscription Status
- Techofab Engineering IPO oversubscribed more than 12 times
- Technofab Engineering IPO Bidding Status on Day 3
- Technofab Engineering IPO bid about 15% till Second Day
- Technofab Engineering IPO Details

Hindustan Media Ventures IPO Issue Price has been fixed at Rs.166/- per equity share. Hindustan Copper Limited, a public sector enterprise of the Government of India, was incorporated in 1967

As per the Company's website, the Company markets copper cathodes, copper wire bar, continuous cast copper rod and by-products, such as anode slime (containing gold, silver, etc.), copper sulphate and sulphuric acid

Earlier, the IPO was bid 5.43 times on an overall basis with Retail Category getting oversubscribed 1.00 times

The IPO of Technofab Engineering IPO has been finally oversubscribed by a remarkable 12.78 times on an overall basis. The IPO has managed to garner a magnificent response from the HNI Category where bids are received for 21542825 Equity Shares as against 441000 Equity Shares reserved for the category, thus making it overbid by 48.85 times.

In comparison, the QIB Category has received bids for 6285325 Equity Shares as against 1470000 Equity Shares reserved, thus getting subscription of 4.28 times. The response from the Retail Category has also been wonderful with the Category getting overbid 10.03 times

Technofab Engineering IPO had opened for subscription from Tuesday, June 29, 2010. The Company engaged in the business of providing Engineering Procurement and Construction (EPC) services, and executing a wide range of Balance-of-Plant (BoP) and electro-mechanical projects on a complete turnkey basis. Credit Rating Agency Fitch Ratings had assigned an IPO Grade 3/5 to the proposed Initial Public Offer (IPO) of Technofab Engineering Ltd. (Click here for more on Technofab Engineering IPO Rating)


More Posts on Technofab Engineering IPO:
- Technofab Engg IPO - Subscription Statistics
- Technofab Engineering IPO Final Subscription Status
- Techofab Engineering IPO oversubscribed more than 12 times
- Technofab Engineering IPO Bidding Status on Day 3
- Technofab Engineering IPO bid about 15% till Second Day
- Technofab Engineering IPO Details

Category		No.of shares offered / reserved		No. of shares bid for		No. of times of total meant for the category
QIB		1470000		6285325		4.2757
HNI		441000		21542825		48.8499
Retail (RII)		1029000		10315850		10.0251
Employees		50000		55175		1.1035
Overall						12.78	times

QIB: 4.28 times
Non-Institutional Investors: 48.85 times
Retail: 10.03 times
Employees: 1.10 times
Overall: 12.78 times

Techofab Engineering IPO has been subscribed more than 12 times as per data available on NSE Website. Technofab Engineering Limited is engaged in the business of providing Engineering Procurement and Construction (EPC) services, and executing a wide range of Balance-of-Plant (BoP) and electro-mechanical projects on a complete turnkey basis

Stay tuned to Indian IPO Blog for precise category-wise subscription status of Technofab Engineering IPO!

The Equity Shares of Parabolic Drugs IPO will be listed and admitted to the dealings on the exchange with effect from Thursday, July 1, 2010. Parabolic Drugs IPO, which closed for subscription on June 17, 2010, was subscribed 1.04 times on an overall basis

Parabolic Drugs IPO Listing Dates and Info:
ISIN: INE618H01016
IPO Listing Date: Thursday, July 01, 2010
BSE Script Code: 533211
NSE Symbol: PARABOLIC
Listing in: 'B' Group of Securities
Issue Price: Rs.75/- per equity share

QIB: 0.18 times
Non-Institutional Investors: 0.00 times
Retail: 0.05 times
Employees: 0.03 times
Overall: 0.10 times

Aster Silicates IPO which closed for subscription on Monday, June 28, 2010, has managed to garner good response with the IPO getting bid 4.47 on an overall basis. The IPO has received wonderful subscriptions in the Retail and HNI Category, although the response from the QIB Category has been dismal. Click here for category-wise subscription status of Aster Silicates IPO!

Aster Silicates Ltd. is engaged in the business of manufacturing of sodium silicate which includes food grade sodium silicate, special drilling grade silicate and detergent grade silicate. Aster Silicates IPO had opened for subscription from Thursday, June 24, 2010. Stay tuned for Aster Silicates IPO Allotment Status, Basis of Allotment and Listing Details!

QIB: 0.01 times
Non-Institutional Investors: 12.46 times
Retail: 7.41 times
Overall: 4.47 times

Issue Size: 2,990,000 Equity Shares of Rs.10/- each
Issue Opens on: Tuesday, June 29, 2010
Issue Closes on: Friday, July 02, 2010
Price Band: Rs.230/- to Rs.240/- per equity share
Lead Manager: Collins Stewart Inga Pvt. Ltd.
Registrar: Link Intime India Pvt. Ltd.

Aster Silicates Ltd. has entered the capital markets with an IPO which has opened for subscription from today. Aster Silicates Ltd. is engaged in the business of manufacturing of sodium silicate which includes food grade sodium silicate, special drilling grade silicate and detergent grade silicate. It produces sodium silicate both in glass and liquid form. The company intends to use issue proceeds for expansion of manufacturing facilities and additional working capital requirements

The price band for the IPO had earlier been fixed at Rs.112/- to Rs.118/- per equity share for Equity Shares having a Face Value of Rs.10/- each. Aster Silicates IPO will remain open for subscription till Monday, June 28, 2010

Click here for more details of Aster Silicates IPO!

Issue Opens on: Thursday, June 24, 2010
Issue Closes on: Monday, June 28, 2010
Price Band: Rs.112/- to Rs.118/- per equity share
Bid Lot: 50 Equity Shares and in multiples thereof
Lead Manager: Saffron Capital Advisors Pvt. Ltd.
Registrar: Sharepro Services Pvt. Ltd.

The price band for the Upcoming IPO of Technofab Engineering IPO is fixed at Rs.230/- to Rs.240/- per equity share, having a Face Value of Rs.10/- each. Thus, the price band is 23 times of the Face Value at the lower end and 24 times of the Face Value at the upper end.

Technofab Engineering Ltd (TEL) is engaged in the business of providing Engineering Procurement and Construction (EPC) services, and executing a wide range of Balance-of-Plant (BoP) and electro-mechanical projects on a complete turnkey basis

Technofab Engineering IPO would remain open for subscription between Tuesday, June 29, 2010 and Friday, July 02, 2010. Stay tuned for Technofab Engineering IPO Bid Lot and other info on Technofab Engineering IPO!

Parabolic Drugs IPO, which closed for subscription yesterday, i.e. on June 17, 2010, has been subscribed 1.04 times on an overall basis. The IPO has received a lukewarm response in the Retail Category which was subscribed only 0.40 times, while the QIB and HNI Categories were subscribed more than 1 times each. Following is the category-wise subscription status of Parabolic Drugs Ltd. IPO:

Parabolic Drugs IPO Bidding Status as on Thursday, June 17, 2010 1700 hrs IST:
QIB: 1.48 times
Non-Institutional Investors: 1.20 times
Retail: 0.40 times
Employees: 0.11 times
Overall: 1.04 times

Technofab Engineering Limited, engaged in the business of providing Engineering Procurement and Construction (EPC) services, and executing a wide range of Balance-of-Plant (BoP) and electro-mechanical projects on a complete turnkey basis, is coming up with an Initial Public Offering (IPO) of 29,90,000 Equity Shares having a Face Value of Rs.10/- each

Technofab Engineering IPO would open for subscription from Tuesday, June 29, 2010 and would remain open till subscription till Friday, July 02, 2010. The Equity Shares of Technofab Engineering Limited are proposed to be listed on both BSE and NSE


Credit Rating Agency Fitch Ratings has assigned an IPO Grade 3/5 to the proposed Initial Public Offer (IPO) of Technofab Engineering Ltd. (Click here for more on Technofab Engineering IPO Rating). The Price Band, Bid Lot and other details of Technofab Engineering IPO will be updated here soon. Check back Indian IPO Blog for the latest updates on Technofab Engineering IPO!

Book Running Lead Manager to the issue has informed that the Book Building issue of Fatpipe Networks India Limited has been withdrawn. Earlier, the IPO was extended with a revision in price band

Fatpipe Networks IPO, which was subscribed only 0.73 times till its earlier scheduled closing date of Wednesday, June 09, 2010, was extended till Monday, June 14, 2010. Further the price band was also revised from Rs. 82/- to Rs. 85/- per equity share to Rs. 80/- to Rs. 85/- per equity share. However, even till Monday, June 14, 2010, the IPO was bid only 0.88 times on an overall basis (Click here for Fatpipe Networks IPO Bidding Status till Monday, June 14, 2010 1700 hrs IST)

The bid lot for Parabolic Drugs IPO is 80 Equity Shares and in multiples thereof. The Price Band was set at Rs.75/- to Rs.85/- per equity share, having a Face Value of Rs.10/- each

The IPO would remain open from Monday, June 14, 2010 to Thursday, June 17, 2010. However, for QIB bidders Issue closes on Wednesday, June 16, 2010. Parabolic Drugs Limited (PDL) is engaged in the business of manufacturing Active Pharmaceutical Ingredients (API's) and API intermediates

Stay tuned for more on Parabolic Drugs IPO!

The objects of the issue are to raise capital for:

1. Multi-purpose block III at Derabassi;
2. Sterile Cephalosporin Plant (Derabassi);
3. Establishment of Chachrauli Plant;
4. Custom Synthesis & Manu. Site II at IT Park (Panchkula);
5. Repayment / Prepayment of identified loan facility;
6. General corporate purposes

Parabolic Drugs IPO Price Band has been fixed at Rs.75/- to Rs.85/- per equity share. Parabolic Drugs Limited (PDL), a company engaged in the business of manufacturing Active Pharmaceutical Ingredients (API's) and API intermediates, is coming up with an Initial Public Offer (IPO) which opens for subscription from Monday, June 14, 2010

Parabolic Drugs IPO would remain open for subscription till Wednesday, June 16, 2010 for QIB bidders and on Thursday, June 17, 2010 for Retail, Non-Institutional and Eligible Employees

Stay tuned for Bid Lot and subscription status updates on Parabolic Drugs IPO!