Indian IPO Blog: Upcoming issues
Showing posts with label Upcoming issues. Show all posts
Showing posts with label Upcoming issues. Show all posts

Tuesday, July 25, 2017

Cochin ShipYard IPO Details

July 25, 2017 0
Cochin ShipYard IPO Details

Issue Size: *₹ 1442.01 Crs at upper Band* (including employee reservation of ₹ 33.87 Crs)
IPO Opens on: 01-August-2017
IPO Closes on: 03-August-2017
Price Band: ₹ 424 to ₹ 432 per equity share
Bid Lot: 30 Equity Shares
Face Value: ₹ 10/- per share
Retail Discount: ₹ 21 per equity share to Retail Investors & Eligible Employees

Issue Split:
*QIB: 50% (₹ 716.26 Crs at upper band)*
*HNI: 15% (₹ 214.88 Crs at upper Band)*
*Retail: 35% (₹ 477.01 Crs at upper band)*

Saturday, July 8, 2017

Salaskar Techno Engineering IPO - Company Profile

July 08, 2017 0
Salaskar Techno Engineering IPO - Company Profile
Salasar Techno Engineering Limited is a provider of customised steel fabrication and infrastructure solutions in India for Telecommunication Towers, Transmission Towers & Substation Structures and Solar Module Mounting Structures. The objective of the Company is to supply customized, high-quality material to its impressive and ever-growing clientele.

STEL provide 360 degree solutions by carrying out engineering, designing, fabrication, galvanization and deployment. Their products include Telecommunication Towers, Power Transmission Line Towers, Smart Lighting Poles, Monopoles, Guard Rails, Substation Structures, Solar Module Mounting Structures and Customized Galvanized & Non-galvanized steel structures. Their services include providing complete engineering, procurement and control for projects such as Rural Electrification, Power Transmission Lines, and Solar Power Plants.

STEL commenced its manufacturing / fabrication activities in the Financial Year 2006-07 when first unit became operational. With the addition of a second unit in 2008-09, their Company now provides all kinds of steel fabrication and infrastructure solutions in addition to Telecom Towers and its projects have been executed in all kinds of geographical locations nationally.
In addition to manufacturing/fabrication, company also undertake civil foundation work, erection of towers both telecom & transmission at site including painting. They have also undertaken EPC Turnkey projects for solar mounting structures for their clients.

STEL has a strong customer profile and caters to the leading names in India. These relationships have allowed them to carry out massive touchstone projects such as establishing Transmission and Substation for U.P. Power Transmission Corporation Ltd, Tata Power Delhi Distribution Ltd., Unitech Power Transmission Ltd., executing orders of Telecom Towers including erection of towers for ATC India Tower Corporation Pvt Ltd, Indus Towers Ltd, ATC Telecom Infrastructure Pvt Ltd, Bharti Infratel Ltd, Reliance Jio Infocomm Ltd, Tower Vision India Pvt Ltd, Viom Networks Ltd, and supplying Solar Mounting Module Structures for Jakson Engineers Ltd, Prayatna Developers Pvt Ltd, Welspun Renewables Energy Pvt Ltd., Insta Power Energy Efficiency Pvt Ltd etc.

STEL has already manufactured and erected around 10,000 towers of various designs of Angular, Tubular and Hybrid Ground Based Towers (GBT) and Roof Top Towers (RTT) since inception. They have supplied their towers to all the leading Cellular operators & Telecom infrastructure companies like Airtel, Bharti Infratel, Indus Towers, Reliance Infratel, Reliance Jio, Viom Networks, A TC, Tower Vision and GTL with a robust presence in India and International locations of Africa, Asia and Australia

Thursday, June 1, 2017

CDSL IPO Details (Tentative)

June 01, 2017 0
CDSL IPO Details (Tentative)

CDSL IPO – Issue Information: (Tentative)

Issue Opens on: 19 June 2017
Issue Closes on: 21 June 2017
Issue Type: Book Built Issue IPO
Issue Size: 3,51,67,208 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.140 – Rs.142 per Equity Share
Market Lot: 105 shares
Listing At: NSE, BSE

Category-wise Break up:.
Anchor – 1,03,40,162 Shares = 146.83Crs
QIB – 68,93,442 Shares = 97.89Crs
NII – 51,70,081 Shares = 73.42Crs
RII – 1,20,63,523 Shares = 171.30Crs (Lot size: 105 = 114,891 Forms)
Employees – 7,00,000 Shares = 9.94Crs

Total Issue – 3,51,67,208 Equity Shares = 499.37Crs.

Subscription required for 1X
RII = 114,891 Forms
NII = 73.42 Crores

Friday, April 14, 2017

Garden Reach Shipbuilders and Engineers (GRSE) IPO - Company Profile

April 14, 2017 0
Garden Reach Shipbuilders and Engineers (GRSE) IPO - Company Profile

Garden Reach Shipbuilders and Engineers Ltd (GRSE) is the premier Warship building Company in India, under the administrative control of Ministry of Defence. GRSE since 1960, has built warships for various roles, starting from state of the art Frigates & Corvettes to Fast Patrol Boats.

GRSE has played an important role in the defence preparedness of the country and has risen to the occasion in the national mission of design and construction of warship indigenously. GRSE has built and supplied close to 700 vessels, to carry men and materials as well as for surveillance of the Coast Line. Apart from ship building and ship repair

GRSE is also one of the few versatile shipyards having its own Engineering and Engine Division. On 5th Sep 2006, GRSE got the status of Mini Ratna- Category I

GRSE has ship building facilities in Kolkata and Ranchi. The company has a large Computer Aided Design (CAD) centre for ship modelling and design. There are four workshops for plate preparation and steel fabrication.

GRSE has a dry dock for ships up to 26,000 tonnes deadweight (DWT). It has a building berth and two slipways for hull construction. It has a covered all-weather non-tidal wet basin for fitting-out medium and small ships and another fitting-out complex for ships with three berths alongside. In addition, it has two river jetties for berthing smaller vessels up to 60 metres (200 ft) in length. GRSE has engine repair and overhaul facilities in Ranchi.

On 1 July 2006, GRSE acquired the loss-making Rajabagan Dockyard (RBD) of Central Inland Water Transport Corporation (CIWTC). RBD's facilities with its 600 metres (2,000 ft) waterfront helped alleviate some of GRSE's space constraints and increase its production capacity

As of 2011, the shipyard is undergoing a ₹530 crore (US$79 million) upgrade programme, expected to be completed by March 2012. The second phase of the upgrade programme began in June 2013

Wednesday, December 14, 2016

National Stock Exchange (NSE) to file DHRP on Dec 20

December 14, 2016 0
National Stock Exchange (NSE) to file DHRP on Dec 20
National Stock Exchange (NSE) chairman Ashok Chawla said today on Wednesday, December 14, 2016 that the exchange plans to file a Draft Red Herring Prospectus (DRHP) with regulator by December 20 for its long-awaited initial public offering. "The process for filing the DRHP is absolutely on track," Chawla told ET Now in an interview

NSE’s offering would be the largest IPO in the country since Coal India Ltd.’s 2010 share sale, which raised 154.8 billion rupees, according to data compiled by Bloomberg

The National Stock Exchange of India Limited(NSE) is the leading stock exchange of India, located in Mumbai.NSE was established in 1992 as the first demutualized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country.



Thursday, December 8, 2016

List of Upcoming IPOs

December 08, 2016 0
List of Upcoming IPOs
Given below is the list of all Upcoming IPOs in the Indian primary stock markets. The list would be updated regularly to provide a ready tracker for all forthcoming IPOs that are about to hit the markets

Bombay Stock Exchange (BSE) IPO
The Bombay Stock Exchange (BSE) is an Indian stock exchange located at Dalal Street, Kala Ghoda, Mumbai (formerly Bombay), Maharashtra, India. Established in 1875, the BSE is Asia’s first stock exchange. It claims to be the world's fastest stock exchange, with a median trade speed of 6 microseconds. The BSE is the world's 11th largest stock exchange with an overall market capitalization of $1.43 Trillion as of March, 2016. More than 5500 companies are publicly listed on the BSE (Click here for more on BSE IPO)

National Stock Exchange (NSE) IPO

The National Stock Exchange of India Limited (NSE) is the leading stock exchange of India, located in Mumbai.NSE was established in 1992 as the first demutualized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country. National Stock Exchange has a total market capitalization of more than US$1.41 trillion, making it the world’s 12th-largest stock exchange as of March 2016. (Click here for all posts on NSE IPO)

Music Broadcast IPO

Music Broadcast Limited owns and operates FM radio stations in multiple cities in the country. The company’s radio stations deliver film, non-film, devotional, regional, and international songs, as well as radio jockey hosted shows in Hindi, Tamil, Kannada, Malayalam, and Telugu languages. It also operates an online portal that streams Internet radio, live RJ hosted shows, news, videos, properties, scoops on celebrities, and other programs. The company was founded in 1999 and is based in Mumbai, India


Continental Warehousing Corporation IPO

Continental Warehousing Corporation (Nhava Seva) Limited provides warehousing services. The Company provides transporting, lashing, chocking, palletisation, and cargo handling services. Continental Warehousing (Nhava Seva) operates in India and has corporate office situated in Mumbai

Saturday, October 13, 2012

RINL deferment sends out wrong signals from Government

October 13, 2012 0
RINL deferment sends out wrong signals from Government
The Government has once again gone down the wrong lane after taking the initial step. The IPO of Rastriya Ispat Nigam Limited (RINL) which was earlier expected to open from October 15, 2012 has been postponed for the third time now. Giving its reasoning for the deferral, the steel ministry said, "We will not sell RINL below book value". Currently, the book value of the PSU firm is pegged at Rs 22.52 a share. Sources close to the development said merchant bankers UBS Securities and Deutsche Equities (India) have proposed Rs 15-17 as the price band. In a statement to the media, the Government said press conference for the announcement has been postponed due to “unavoidable circumstances”

RINL is the second largest state-owned steel maker in the country producing three million tonnes per annum (mtpa) at its lone facility at Visakhapatnam. The capacity is being raised to 6.3 mtpa in the current fiscal. The government plans to sell 10 per cent of its stake. The issue was previously deferred twice since the filing of the draft prospectus with market regulator Sebi on May 18 due to reasons as varied as volatile market conditions and fire at the company's Vizag steel-making facility.

While the conditions of the market may not be perfectly ripe for IPOs, but deferring IPOs repeatedly the way the Government is doing, may only send out wrong signals. The department of heavy industries is still also not on board for the BHEL OFS and it is very likely that this may be deferred as well. Still more, the finance ministry is also likely to bring the National Fertiliser, RCF, EIL issues for cabinet approval in a bid to meet the Rs 30,000 crore divestment target. With such ambitions of divestment targets, it is only right to say that the Government should realize that no lunch is free and if it were to successfully clear IPOs, pricing issues attractively may be the only way out