QIB: 0.67 times
Non-Institutional Investors: 29.19 times
Retail: 8.51 times
Overall: 7.69 times

QIB: 1.66 times
Non-Institutional Investors: 40.94 times
Retail: 7.45 times
Overall: 9.58 times

Issue Opens on: Thursday, September 30, 2010
Issue Closes on: Tuesday, October 05, 2010
Price Band: Rs.125/- to Rs.127 per equity share
Bid Lot: 55 Equity Shares and in multiples thereof
Lead Manager: Edelweiss Capital Ltd., ICICI Securities Ltd.
Registrar: Karvy Computershare Pvt. Ltd.

QIB: 25.52 times
Non-Institutional Investors: 13.91 times
Retail: 3.46 times
Employees: 1.21 times
Overall: 15.94 times

QIB: 27.99 times
Non-Institutional Investors: 62.48 times
Retail: 9.07 times
Employees: 0.35 times
Overall: 24.47 times

VA Tech Wabag IPO has received an overwhelming response from the market with the IPO finally getting overbid by 36.22 times on an overall basis. The IPO is overbid by a gigantic amount in terms of number of times subscription in the HNI which stands 100.98 times, which received bids for 55586055 Equity Shares as against 550447

The response from the QIB and Retail Categories has also been wonderful with the IPO getting bid by 36.13 times and 8.55 times in each of those categories respectively.

VA Tech Wabag is one of the world’s leading companies in the water treatment field. VA Tech Wabag provides turn-key solutions for water and waste water treatment to municipal and industrial users

Orient Green Power Company IPO has been subscribed fully on its closing day. The IPO, which was assigned an IPO Grade 4/5 by CRISIL, has received feeble response from HNI and Retail Categories which are bid 64% and 18% respectively with QIB Category supporting the IPO with a subscription of 2.09 times, thus making the IPO subscribed 1.07 times on an overall basis

Orient Green Power Company limited (OGPL) is an independent renewable energy power producer in India. Orient Green Power is the largest independent operator and developer of renewable energy power plants in India based on aggregate installed capacity. According to the Company's website, currently its portfolio includes biomass, biogas, wind energy and small hydroelectric projects at various stages of development

Stay tuned to Indian IPO Blog for Orient Green Power Company IPO Allotment Status links, Orient Green Power Company IPO Listing Details and more on Orient Green Power Company IPO!

The IPO of Electrosteel Integrated Limited has managed to garner good response on its closing day with the IPO closing with an overall subscription figure of 8.23 times. Following is the final subscription status of Electrosteel Integrated Limited IPO

Electrosteel Integrated Limited IPO Final Subscription Status as on Friday, September 24, 2010 1700 hrs IST:
QIB: 5.86 times
Non-Institutional Investors: 28.58 times
Retail: 6.19 times
Overall: 8.23 times

QIB: 4.52 times
Non-Institutional Investors: 1.45 times
Retail: 0.99 times
Overall: 2.89 times

The object of the Issue are to meet Issue Expenses and for:
1. Setting up of new plant at Sinnar, Nashik for manufacturing of new product Low Relaxation Pre-Stress Concrete (LRPC) Wire and Spring Steel Wire;
2. General Corporate Purposes

Issue Opens on: Monday, September 27, 2010
Issue Closes on: Wednesday, September 29, 2010
Price Band: Rs.90/- to Rs.100/- per equity share
Bid Lot: 65 Equity Shares and in multiples thereof
Lead Manager: Chartered Capital and Investment Ltd.
Registrar: Link Intime India Pvt. Ltd.

Sea TV Network Ltd., an Agra based company engaged in providing services of a Multi System Operator (MSO) to various Local Cable TV operators of Agra and adjoining areas, is coming up with an IPO in a Price Band of Rs.90/- to Rs.100/- per equity share with a bid lot of 65 Equity Shares and in multiples thereof. Sea TV Network IPO would remain open for subscription between Monday, September 27, 2010 and Wednesday, September 29, 2010.

The Objects of the Issue are for raising capital for:
1. Setting up complete Digital Headend and network for implementation of Conditional Access System (CAS)
2. Setting up network for complete IPTV Solution
3. Setting up of own cable distribution network
4. Setting up own 20 branch-offices in the City

Sea TV has its own local channels, programmes of which are produced by its own production team. These local channels mainly focus on Agra city and U.P State news, events and information

Cantabil Retail India Ltd. IPO had received an IPO Grade 2/5 from ICRA. This indicates that as per ICRA company has 'Below Average Fundamentals'. ICRA assigns IPO grading 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

Cantabil Retail India Ltd is in the business of designing, manufacturing, branding and retailing of apparels. The IPO is open for subscription between Wednesday, September 22, 2010 and Monday, September 27, 2010

(Click here to download the ICRA IPO Grading Document for Cantabil Retail India Ltd. IPO)

ICRA has assigned an IPO Grade 4/5 to VA Tech Wabag Limited IPO. This grade indicates that as per ICRA company has 'Above Average Fundamentals'. ICRA assigns IPO grading 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 ICRA IPO Grading Document for VA Tech Wabag Limited IPO)

VA Tech Wabag is one of the world’s leading companies in the water treatment field. VA Tech Wabag provides turn-key solutions for water and waste water treatment to municipal and industrial users. VA Tech Wabag has market presence in India, the Middle East, North Africa, Central and Eastern Europe, China and South East Asia. VA Tech WABAG offers complete life cycle solutions including conceptualization, design, engineering, procurement, supply, installation, construction and O&M services

Stay tuned to Indian IPO Blog for VA Tech Wabag IPO!

Tecpro Systems IPO Price Band is fixed at Rs.340/- to Rs.355/- per equity share. Tecpro Systems IPO opens from Thursday, September 23, 2010

Tecpro Systems IPO has been assigned an IPO Grade 4/5 by CRISIL. This grade from CRISIL indicates that the fundamentals of the IPO are above-average relative to other listed equity securities in India. CRISIL assigns IPO Grade 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

Stay tuned to Indian IPO Blog for more on Tecpro Systems IPO!

Issue Opens on: Friday, September 24, 2010
Issue Closes on: Tuesday, September 28, 2010
Price Band: Rs.297/- to Rs.324/- per equity share
Bid Lot: 21 Equity Shares and in multiples thereof
Lead Manager: Enam Securities Pvt. Ltd., IDFC-SSKI Pvt. Ltd., Motilal Oswal Investments Advisors Pvt. Ltd.
Registrar: Link Intime India Pvt. Ltd.

Issue Size: 9,000,000 Equity Shares of Rs. 10
Issue Opens on: Tuesday, September 28, 2010
Issue Closes on: Friday, October 01, 2010
Price Band: Rs.95/- to Rs.102/- per equity share
Bid Lot: 65 Equity Shares and in multiples thereo
Lead Manager: Ashika Capital Ltd., Keynote Corporate Services Ltd.
Registrar: Mondkar Computers Pvt. Ltd.

Bedmutha Industries Ltd., one of the leading steel wire manufacturers in western India located in Nashik, is coming up with an IPO of 9,000,000 Equity Shares of Rs.10 each, which opens for subscription from Tuesday, September 28, 2010

Bedmutha operates four manufacturing units in and around Nashik and they are strategically located in proximity to the source of raw materials and markets ensuring cost savings and logistic benefits

Stay tuned to Indian IPO Blog for more on Bedmutha Industries Ltd!

The IPO of Career Point Infosystems Limited, has closed with splendid oversubscription figures of over 47 times on an overall basis. The IPO is overbid by 31.74 times in the Retail Category and by a gigantic 101.93 times in HNI Category. The QIB Category, too, has received 47.45 times oversubscription

The IPO which closed for subscription for QIB Category on Monday, September 20, 2010 and for other categories on Tuesday, September 21, 2010, was assigned an IPO Grade 3/5 by Credit Rating Agency CRISIL (Click here for more on Career Point IPO Rating)

Career Point Infosystems Ltd. provides tutorial services to high school and post high-school students for various competitive entrance examinations including All India Engineering Entrance Examination (AIEEE), Indian Institute of Technology – Joint Entrance Examination (IIT-JEE) and All India Pre-Medical and Pre-Dental Test

Stay tuned for more on Career Point Infosystems IPO!