Cairn India IPO Allotment

• Author: Ganapathy
• Filed under: IPO
• Date: Dec 31,2006

Cairn India IPO Allotment can be checked here : http://www.rupya.com/boa/cairn.htm

So finally Saddam Hussein is hanged

• Author: Ganapathy
• Filed under: Breaking News
• Date: Dec 31,2006

So Saddam Hussein is hanged and not sure why such a hurry may be they don’t want to put too many days on this because world wide thr might be people who might support Saddam and that might lead to more problems , so think they just want get this thing over.

What to expect in 2007 indian stock market

• Author: Ganapathy
• Filed under: india
• Date: Dec 30,2006

Today morning myself and my friend was arguing over the fact how the TV channels predict the stock market when it goes down they will oh the market is taking off and it will stop only at 10000 and then they change it when it goes up saying the market will reach 14000 , no channels predicts it correctly,Not even the so called analyst does thr job correctly , they talk abt all technicals and everything but no one did thr job correctly in 2006 , the market was always driven by company news.
Finally i was arguing with my friend saying see the chart both nse and bse was up by 40 % but comparing to Dow jones and other market which dint have a raise like Indian market , my friend thr gave a valid point saying no one has good GDP raise like us, and not all the country have super power company like infosys tcs reliance maruti and many more which is giving a consistent return of 30 % profit every QTR with companies like this the market might always surprise you, and i see hte same argument by DSP Merill Lynch also .
Andrew Holland of DSP Merrill Lynch gives his market forecast for the year 2007. Holland believes that Indian valuations look expensive against other emerging markets in Asia and globally. But no other country is growing in terms of GDP growth apart from China, and India has been enjoying for the last 2-3 years for consistent EPS growth, he says.
According to him, next year, markets will see another 20-25% EPS growth. He adds that valuations do remain high, and rightly so, because the growth is more than justified.

Indian Stock Market 2006 – Review

• Author: Ganapathy
• Filed under: india
• Date: Dec 29,2006

In the year 2006 Sensex is up 47% and Nifty is up 40% and CNX Midcap Index is up 28% while the BSE Small Cap Index is up 14%.

BSE Cap Goods Index is up 56%.
BSE IT Index is up 42%.
Healthcare Index up 22%
FMCG Index up 19%.

BSE Oil & Gas Index is up 39%
BSE Bank Index was up 38%
BSE Auto Index is up 30%

FIIs flow was at $ 8.22 Bn vs $ 10.7 Bn in 2005. MFs flow was at Rs 13,617 Cr vs Rs 13,295 Cr in 2005.

Nissan Copper debuts with a bang; end with 230 % premium

• Author: Ganapathy
• Filed under: IPO
• Date: Dec 29,2006

Nissan Copper flared up soon after listing close to its issue price of Rs 39. On the BSE the share touched a high of Rs 135.70. It closed at Rs 128.80, up Rs 89.80, or 230.26% over its issue price with volumes of 6,11,18,636 shares.
On the NSE it touched a high of Rs 136.90. It closed at Rs 123.30, up Rs 84.30, or 216.15% over its issue price with volumes of 6,99,69,755 shares.
No idea what the heck is thr in this counter to go this high ,The company entered capital market with an initial public offering, IPO of 64.10 lakh shares of Rs 10 each aggregating to Rs 25 crore. The funds raised are for the expansion of the company’s copper product manufacturing capacities. The total cost of the project is Rs 35 crore of which Rs 10 crore is part-funded by State Bank of India by way of a term loan. when speaking on CNBC “Ratan Mardia said , that the company is expecting to post a turnover of Rs 120 crore for FY 07 with a profit of Rs 7-7.5 crore. The orders for the company are increasing every quarter. The project for which the money was raised will commence in March-April 07, so full effect cn be seen in FY 08 numbers.

For FY 08, they are expecting post turnover of Rs 250-300 crore and profit of Rs 14-15 crore.

Tanla Solutions IPO Allotment status

• Author: Ganapathy
• Filed under: IPO
• Date: Dec 29,2006

Tanla Solutions IPO Allotment status is ready and can be checked here .
Over here select the Tanla solutions from the list , its last but 1 in the list.

Market closed the year 2006 down by 59 points

• Author: Ganapathy
• Filed under: india
• Date: Dec 29,2006

The markets ended in negative on the last trading day of 2006 with the benchmark closing at 13,786 levels.The Nifty ended the day marginally in the red at 3966 levels.

Nissan Copper lists today with little premium but now its 150 % up

• Author: Ganapathy
• Filed under: IPO
• Date: Dec 29,2006

The stock debuted at Rs 40. It hit a high of Rs 46.70 and low of Rs 40. 3.9 lakh shares changed hands in the counter on BSE.Nissan Copper had priced its IPO at the higher end of the Rs 33 to Rs 39 price band.
The current price of Rs 44.70 discounts its 6-months April-September 2006 annualised EPS of Rs 4.50, by a PE multiple of 9.9. The equity capital is Rs 14.55 crore. Face value per share is Rs 10. Presently trading at Rs.96.4 up by 147.18%

Time Technoplast IPO – files for DRHP wioth Sebi

• Author: Ganapathy
• Filed under: IPO
• Date: Dec 29,2006

Time Technoplast, TTL has filed its draft red herring prospectus with the Securities & Exchange Board of India to Enter Indian Capital Market.
TTL is a manufacturer and seller of technology based polymer products, serving growing sectors of the Indian economy viz, industrial & consumer packaging, lifestyle products, auto components, healthcare products, and construction & infrastructure related products.
The company proposes to issue 52,21,500 equity shares of Rs 10 each for cash at a premium to be decided through a book-building process. The company has indicated that it would reserve 2,61,100 equity shares for allotment to eligible employees. Thus the net issue to public would be 49,60,400 equity shares.

2006 Indian IPO review – Indian IPO hits and misses of 2006

• Author: Ganapathy
• Filed under: IPO
• Date: Dec 29,2006

Comparision of Bseindia Sensex ,Nseindia Nifty and Dow jones performance in year 2006

• Author: Ganapathy
• Filed under: BseIndia
• Date: Dec 28,2006

I have compared almost 1 year – 1 day chart of downjones , sensex and nifty , almost nseindia and sensex has given 40 % raise.

Vodafone and Anil’s Reliance Communication have started the bid war for Hutch Telecom

• Author: Ganapathy
• Filed under: Reliance, Telecom
• Date: Dec 28,2006

Anil Ambani group today announced its entry in the race for acquiring Hutch-Essar, for which the world’s largest mobile player Vodafone has reportedly offered $18 billion, and said finances have been arranged.

Dividend – Union Bank of india , zee telefilms , Glenmark pharma , Bajaj Hindusthan and Plethico pharma declares dividend

• Author: Subramanian
• Filed under: Dividend
• Date: Dec 28,2006

Zee Telefilms Approved dividend @ 100% (i.e. Re 1) per equity share of Re 1/- each.
Union Bank of India has declared an interim dividend of 15% i.e. Rs 1.50 per share for the financial year 2006-07.
Glenmark Pharmaceuticals Ltd has has declared interim dividend @ 40% i.e. Rs 4.00 per share for the financial year 2006-07.
Bajaj Hindusthan Ltd has recommended payment of dividend on equity shares of the Company @ 60% (i.e., Rs 0.60 per equity share of the face value of Re 1/- each) for the year 2005-06.
Plethico Pharmaceuticals Ltd has considered and recommended a dividend @ 25% i.e. Rs 2.50 per share for the year ended on September 30, 2006.

Record date for Dabur india , Mastek limited and orient ceramics for Bonus Issue and Dividend

• Author: abhisheak
• Filed under: Bonus, BookClosure
• Date: Dec 28,2006

500096 Dabur India Ltd. RD 29/01/2007 Equity Bonus issue
523704 Mastek Limited RD 17/01/2007 Equity Interim Dividend
530365 Orient Ceramics And Industries Ltd RD 16/01/2007 Equity Bonus issue

Circuit Filter for December 28 2006

• Author: Ganapathy
• Filed under: Circuit Filters
• Date: Dec 28,2006

Reliance Communications plans to expand FLAG Telecom’s global optic fibre network – FLAG Next Generation (NGN)

• Author: Ganapathy
• Filed under: Reliance
• Date: Dec 28,2006

Reliance Communications Ltd on December 28, 2006 has announced significant plans to expand FLAG Telecom’s global optic fibre network. Over the next 36 months FLAG Telecom will build the world’s largest IP network over submarine cable systems. Termed – FLAG Next Generation (NGN), the project will cater to the fast growing telecom needs of over 5 billion customers across the globe (i.e. 5 out of 6 people in the world).
FLAG Telecom’s clientele includes prestigious names like NTT, AT&T, Verizon, British Telecom, Orascom, QTel, Vodafone, Hutch, AOL, Google, Yahoo, Microsoft, Citigroup, HSBC, UBS, Deutsche Bank, Morgan Stanley to name a few. The Company recently launched FALCON Cable system connecting 12 countries in the Middle East to rest of the World. The Cable system was completed in 80% of the envisaged project cost four months ahead of schedule has already resulted in capacity sales of over $450 mn of FLAG Global Network since January 2006.

Hindustan Construction – Award of new contract for 272 crores

• Author: Ganapathy
• Filed under: Infrastructure
• Date: Dec 28,2006

Hindustan Construction Company Ltd has informed BSE that the Company has secured a Project from National Highways Authority of India, New Delhi, for Design, Construction, Development, Finance, Operation and Maintenance of km 278.0 (Kadtal) to km 308.0 (Armur) on NH-7 in the State of Andhra Pradesh under North-South Corridor (NHDP Phase II) on BOT (Annuity) Basis — Package No.NS2/BOT/AP-8 with Semi-annuity amount of Rs 23.80 Crore.The value of the said EPC Contract is estimated at Rs 275 Crore.

Ess Dee Aluminium and XL Telecom Listed today

• Author: Ganapathy
• Filed under: IPO
• Date: Dec 28,2006

>Ess Dee Aluminium closed in the green on its listing day. The share closed at Rs 238.45, up Rs 13.45 or 5.98% from its issue price of Rs 225. The stock traded with volumes of around 61.70 lakh shares. It listed today at Rs 255 on the BSE.
>XL Telecom has closed at Rs 136, down Rs 14, or 9.33% below its issue price of Rs 150. The share listed at Rs 177 on the BSE but then drifted lower amid selling pressure.

You cant invest more that 50000 rs in Mutual Fund without Identification number from Jan 1 2007

• Author: Ganapathy
• Filed under: Mutual Fund
• Date: Dec 28,2006

Investors putting in Rs 50,000 or more in a mutual fund from 1 Jan 2007 will have to provide a mutual fund identification number (MIN) or apply for one, the Association of Mutual Funds in India (AMFI) said on Wednesday.In keeping with the Securities and Exchange Board of India’s norms, mutual fund investors would be alloted the MIN after verification of identity informs Chairman, AMFI, A P Kurian.

Cambridge Technology Enterprises IPO opens on 29th december 2006 – last IPO of 2006

• Author: Ganapathy
• Filed under: IPO
• Date: Dec 28,2006

Issue price / Floor Price (Rs) : 38
Application per share (Rs) : 38.00
Minimum investment amount (Rs) : 5,700
Issue Date and Size
Issue opens 29-Dec-06
Issue closes 09-Jan-07
Listing on BSE,NSE
Issue size (Rs cr) 24.00 crore
Cambridge Technology Enterprises – Profile
Cambridge Technology Enterprises (CTE), a thought leader, innovator, and a leading provider of comprehensive SOA-based solutions and services, has a focus on building and integrating Enterprise Transformation applications. A Hyderabad (India)-based CMMi Level 5 Business Innovator, CTE’s Center of Innovation (CCI) is located in the MIT campus in Cambridge, Massachusetts, US.
About CTE’s IPO
CTE has planned an IPO of Rs 240 Million in order to partly fund its project of Rs 307 Million, in line with its expansion plans, which includes investments on strategic acquisitions, expansion and improvement in IT infrastructure, setting up SOA competency centers, creating Intellectual property and reusable components library and enhancing its market presence by investing in regional offices in the US, apart from providing for future working capital needs.
The proposed IPO has been graded by CARE and was assigned a ‘CARE IPO Grade 2’.
Growth Strategy*
CTE has a four-pronged growth strategy and plan to further consolidate its position and capitalize on the growth potential offered by the emerging market of SOA migration services.
The growth plan includes –
* Selective pursuit of strategic acquisitions
* Investment in enhancement of Processes, Methodologies and Innovation Toolsets
* Expansion of its geographic presence in the US markets
* Enhancement of its global collaboration infrastructure.

Circuit Filter from december 27th 2006

• Author: Ganapathy
• Filed under: Circuit Filters
• Date: Dec 27,2006

Market gains another 151 points

• Author: Ganapathy
• Filed under: india
• Date: Dec 27,2006

The 30-shares BSE Sensex settled at 151.35 points higher, at 13,859.69. It had opened with an upward gap at 13,734.01, as buying continued following a 237-point surge in the previous session (Tuesday). It’s low for the day was at 13,734.01.
The market lived up to the promise it showed at the start of the session, the Sensex hitting an intra-day high above 13,900, at 13,911.59, in late-afternoon session of trading.

Nissan Copper Ltd and Gulshan Sugars and Chemicals Limited listing date

• Author: Ganapathy
• Filed under: IPO
• Date: Dec 27,2006

Nissan Copper Ltd
Listing Date : December 29, 2006
BSECODE : 532789
Scrip ID on BOLT System : Nissan
Issue price: Rs. 39 Per share (Face Value of Rs. 10/- and Premium of Rs. 29/-)
Gulshan Sugars and Chemicals Limited
Listing Date : December 28, 2006
Public Issue price: Rs. 40/- per share. (Face Value Rs. 8/- and premium Rs. 32/-)
BSECODE : 524184

XL Telecom Limited to list on december 28th 2006

• Author: Ganapathy
• Filed under: IPO
• Date: Dec 27,2006

XL Telecom Limited to list on december 28th 2006 thursday of last week of 2006.
Scrip code : 532788
Scrip ID on BOLT System : XLTL
Issue Price : Rs. 150/- per share (Face Value of Rs.10/- and premium of Rs. 140/-)
Date of Allotment: December 21, 2006

Hutchison says it Will Only look into Offers Over $14 Bn For Hutch-Essar

• Author: Ganapathy
• Filed under: Telecom
• Date: Dec 27,2006

Hong Kong conglomerate Hutchison Whampoa has announced that it will only consider offers above USD 14 billion for Hutch-Essar. The statement was made by the spokesman to the Finance Director Frank Sixt, on Wednesday.It also confirmed the following ->Rejected Maxis, Texas Pacific $13.5 Bn Bid

Bharti to invest 7 billion dollar by 2010 in the Wal-mart Bharti retail joint venture

• Author: Ganapathy
• Filed under: Bharti, Retail Market
• Date: Dec 27,2006

Sunil Mittal’s Bharti Enterprises, which had announced its franchising agreement with US retail giant Wal-Mart to start a chain of retail stores in India, has said that would invest about $7 billion dollars in it by 2010.
The retail joint venture with Wal-Mart will set up 200 large super market stores and hundreds of smaller large-format stores to cater to an estimated 300-million strong the increasingly affluent Indian middle class of an estimated.

Zee Telefilms – fixes record date for the Scheme of Arrangement

• Author: Ganapathy
• Filed under: Telecom
• Date: Dec 27,2006

Zee Telefilms Ltd has informed BSE that, upon the Scheme of Arrangement for Demerger of News Business Undertaking and Cable Business Undertaking of the Company in favor of Zee News Ltd (ZNL) and Wire and Wireless India Ltd (WWIL), respectively, becoming effective from November 22, 2006, the shareholders of the Company whose name appear in the Register of members at the conclusion of Book Closure period shall be entitled to receive:
1. 45.21 fully paid up equity shares of Re 1/- each of ZNL for every 100 equity shares of Re 1/- each: and
2. 1 fully paid equity share of Re 1/- each of WWIL for every 2 equity shares of Re 1/- each;
held by them in the Company. For this purpose, the Company has fixed the Book Closure Period commencing from December 24, 2006 to December 28, 2006 (both days inclusive).

Punj Lloyd – Awarded Letter of Intent by Horizon Terminals, UAE

• Author: Ganapathy
• Filed under: Infrastructure
• Date: Dec 27,2006

Punj Lloyd Ltd has informed BSE that it has been awarded a Letter of Intent by Horizon Terminals Ltd, U.A.E. for 266,000 cb Phase III expansion of the bulk liquid products terminals to be performed in connection with the existing contract for construction of Bulk Liquid Products Terminal on Jurong Island, Singapore for a value of Singapore Dollar 49.65 Mn.

Mazda secures order from PI Industries for Rs 23.71 million

• Author: Ganapathy
• Filed under: Auto
• Date: Dec 27,2006

Mazda Ltd has informed BSE that the company has been awarded an order for Triple-effect Forced Circulating Evaporator Plant amounting to Rs 23.71 million. This plant is for effluent volume reduction and is a zero liquid discharge plant.

Nagarjuna Construction secures orders aggregating Rs 370 crores

• Author: Ganapathy
• Filed under: Infrastructure
• Date: Dec 27,2006

Nagarjuna Construction Company Ltd has informed BSE that the Company has secured three new orders aggregating Rs 370 crores. The first order valued at Rs 282 crores is received front Additional Chief Engineer PHED, Ajmer, Bisalpur for Water Supply at Ajmer in Rajasthan. The project completion period is 24 months and Operation & Maintenance period is for five years. The second order valued at Rs 65 crores is received from Sahara India Commercial Corporation Ltd, for construction of 72 Villas at Aamby Valley City near Pune. The project completion period is 18 months. The third order valued at Rs 23 crores is received from Chief Engineer, Military Engineer Services, Chandigarh for augmentation of Water Supply of Ambala Cant. The project completion period is 24 months.

Sobha Developers awarded LOl from DELL worth Rs 23.21 crores

• Author: Ganapathy
• Filed under: Company News, Infrastructure
• Date: Dec 26,2006

Sobha Developers Ltd has informed BSE that the Company received a Letter of Indent (LOI) dated December 22, 2006 from DELL India Pvt Ltd to construct its Manufacturing Plant in Sriperumbadur, Chennai. The scope of work comprises of its civil works and Project Management fees for its electrical works, PHE works, Mechanical works, HVAC works, structural works etc.The value of the total work is about Rs 23.21 crores comprises of Rs 22.71 crores towards civil works and Rs 50 lacs towards project management fees. The entire project will be completed by June 2007.

DELL is a new corporate client added to the Company’s existing contractual client base.

Unity Infraprojects secures a contract from Life Insurance Corporation

• Author: Ganapathy
• Filed under: Infrastructure
• Date: Dec 26,2006

Unity Infraprojects Ltd has informed BSE that the Company has secured a contract from Life Insurance Corporation for the proposed construction of Insurance Educational Institute at Bandra Kurla Complex, Mumbai.The value of project to be executed for Life Insurance Corporation is Rupees 171 million.

Genus Overseas secures order from Rajasthan State Electricity Board

• Author: Ganapathy
• Filed under: Company News, Infrastructure
• Date: Dec 26,2006

Genus Overseas Electronics Ltd has informed BSE that the Company has secured an order of Rs 75 crore from Rajasthan State Electricity Board for supply of Single Phase and Three Phase Electronic Energy Meters.

Simplex Infrastructures – Updates

• Author: Ganapathy
• Filed under: Company News
• Date: Dec 26,2006

Simplex Infrastructures Ltd has informed BSE that the Company has bagged various orders aggregating Rs 825 crores. Out of this Rs 825 crores the Company’s overseas order intake accounts for over 50% of the amount.

Reliance Communications equity shareholders to approve Scheme of Arrangement for Reliance Telecom Infrastructure

• Author: Ganapathy
• Filed under: Reliance
• Date: Dec 26,2006

The Scheme of Arrangement between the Company (First Demerged Company) and Reliance Telecom Ltd (Second Demerged Company) and Reliance Telecom Infrastructure Ltd (Resulting Company) (the Scheme).

Maharashtra Seamless secures ONGC order worth Rs 474 Crores

• Author: Ganapathy
• Filed under: Company News, Infrastructure
• Date: Dec 26,2006

Maharashtra Seamless Ltd has announced that the Company has bagged a prestigious order from Oil & Natural Gas Corporation Ltd (ONGC) for supply of both higher and smaller dia Seamless Casing Pipe for a value of Approx. Rs 474 Crore.

Dividend – Riga Sugar , Bharat Petroleum Corporation , Oriental Bank of Commerce and ONGC declares dividend

• Author: Subramanian
• Filed under: Dividend
• Date: Dec 26,2006

>Riga Sugar Company Ltd has recommended dividend of 12.5% on equity share capital of the Company.
> Bharat Petroleum Corporation Ltd (BPCL) has declared Interim Dividend @ 60% i.e. Rs 6/- per equity share of Rs 10/- each for the financial year 2006-07.
>Oriental Bank of Commerce (OBC) has approved the proposal for recommending the Interim Dividend @20% for the year 2006-2007 to the shareholders subject to statutory approvals.
>Oil & Natural Gas Corporation Ltd (ONGC) has declared an Interim Dividend @ Rs 18/- per share (180%) for the financial year 2006-2007. This is on the post-bonus expanded equity capital of the Company. Earlier during the year, the Company had issued bonus shares in the ratio 1:2, thus increasing its capital from Rs 1,426 Crore to Rs 2,139 Crore.

Circuit Filter – Upper and Lower circuit informed on december 26th 2006

• Author: Ganapathy
• Filed under: Circuit Filters
• Date: Dec 26,2006

Bsecode 532145 H.S.India Ltd – 5%
Bsecode 531091 United Credit Ltd – 5%
Bsecode 532318 Gemini Communications Ltd – 5%
Bsecode 502873 H.P.Cotton Textile Mills Ltd – 10%
Bsecode 512129 Jayant Mercantile Ltd – 10%

Rights Issue : Info-Drive Software Ltd announces rights issue

• Author: Ganapathy
• Filed under: Rights Issue
• Date: Dec 26,2006

Bsecode : 530703 Info-Drive Software Ltd has decided 4:1 Right Issue of Equity Shares

Bseindia extends its gain today by 237 points

• Author: Ganapathy
• Filed under: india
• Date: Dec 26,2006

The Bombay Stock Exchange (BSE) bellwether opened strong at 13,501.44 and gradually moved upwards to the intra-day high of 13,726.62 before ending at 13,708.34, a net rise of 236.60 points or 1.76 per cent over Friday’s close of 13,471.74.Among the 30-Sensex pack, 26 advanced while the rest had declined.IT stocks saw renewed buying in anticipation of a robust set of December quarter results. Wipro was the top gainer, up 4.69% to Rs 599.95, on a volume of 1.90 lakh shares.

Inida’s Reliance Petroleum IPO is worlds 13th biggest IPO

• Author: Ganapathy
• Filed under: IPO
• Date: Dec 26,2006

RPL`s public issue has emerged as the world`s 13th biggest IPO in 2006 and is the only Indian entry in the list of top-20 IPOs, according to global research major Ernst & Young and financial information providers Dealogic and Thomson Financial.While the stock was listed at a 70% premium over the issue price of Rs 60 per share on May 11, it has shed almost the entire premium and is trading near its offer price over the past few months.
After listing at Rs 102 per share, RPL shares have remained below Rs 70 a share since the end of May and closed at Rs 63.05 a share on Friday last week.The IPO has earned the company a place with the Industrial & Commercial Bank of China (ICBC), which has emerged as the biggest IPO with total proceeds of about USD 22 billion in Hong Kong.
There are seven Asian companies that figure in the top 20 list, while six IPOs were from the emerging markets.

Indian Bank IPO – To raise 8.5 crore shares of 10 rupees each at a premium of 40 Rs (Guess)

• Author: Subramanian
• Filed under: IPO
• Date: Dec 26,2006

Chennai-based, Indian Bank is bullish about its maiden public issue that is likely to hit the market in January to raise between Rs 8 billion and Rs 9 billion.The bank has filed the Draft Red Herring Prospectus with market regulator, SEBI, for the proposed public offer of over 8.5 crore shares of 10 rupees each for cash at a premium to be decided through the book-building process ,But we have guessed the premium to be at 40 rs compared to the UCO bank shares. Besides the IPO proceeds, Indian Bank is also open to mobilize funds through other means, like Tier-II bonds, to finance its expansion.
The bank has a capital adequacy ratio of 12.02% as on Sept 30, 2006. The bank has an aggregate of Rs 6250 million as of Sept.30, 2006 as gross non-performing asset, while its net non-performing assets are to the tune of Rs 1180 million as of Sept. 30, 2006.Established on Aug. 15, 1907, it has 1411 branches spread across India.

You cannot trade from January 1 2007

• Author: Ganapathy
• Filed under: Stock Brokers
• Date: Dec 24,2006

Government today made it clear that investors who do not submit their Permanent Account Number (PAN) to the depositories by December 31, will not be able to trade on the stock exchanges from January one, 2007.

“Investors who do not provide their PAN by December 31, 2006, will not be able to debit their demat accounts and trade on the stock exchanges from January one,”

an official release said here.Think kotak securities have started banning from December 22nd itself , its too much im going to fight with these guys in Tuesday.

Mutual Fund – Tata MF . Canbank MF and Birla sunline Mutualfund declares Dividend

• Author: Subramanian
• Filed under: Dividend, Mutual Fund
• Date: Dec 23,2006

Tata MF declares dividend on Tata Fixed Horizon Fund-S 5 Plan C – Record Date is December 27 2006
Canbank MF declares dividend on canfloating rate fund – Record Date is December 22 2006
Canbank MF declares dividend on canliquid fund – Record Date is December 22 2006
Birla Sun Life MF declares 7.45% dividend on Fixed Maturity Plan-QS-2 – Record Date is December 26 2006

Record date for Dividend and Bonus Stocks

• Author: abhisheak
• Filed under: BookClosure
• Date: Dec 23,2006

522261 Dolphin Offshore Enterprises (India) ltd. RD 12/01/2007 Equity Bonus issue
532296 Glenmark Pharmaceuticals ltd RD 05/01/2007 Equity Interim Dividend
530965 Indian Oil Corporation Ltd. RD 27/12/2006 Equity 60% Interim Dividend
531822 Vishal Cotspin Ltd. RD 25/01/2007 Equity Reduction of Capital

India Bulls Financial shareholders will get one Indiabulls Real Estate stock

• Author: Ganapathy
• Filed under: BookClosure, Company News
• Date: Dec 23,2006

De-merger of Real Estate Undertaking of Indiabulls Financial Services Ltd. (the Company) in favor of Indiabulls Real Estate Ltd. (the Resulting Company)
Indiabulls Real Estate Ltd. shall issue and allot to each member of Indiabulls Financial Services Ltd. 1 (One) equity share of Indiabulls Real Estate Ltd. of the face value of Rs.2/- each credited as fully paid for every 1 (One) equity share of Rs.2/- each fully paid up held in Indiabulls Financial Services Ltd.
Indiabulls Financial Services Ltd. – Bsecode : 532544 has fixed record date as January 9th 2006 for the De-merger.

Roman Tarmat IPO – files for DRHP with sebi

• Author: Ganapathy
• Filed under: IPO
• Date: Dec 23,2006

Mumbai-based runway and highway construction company Roman Tarmat will hit the capital market with an initial public offer, IPO to fund its expansion programme, reports Business Standard. The company is into Runway and highway construction company.
IPO Proceeds used to acquire capital equipment such as hydraulic excavator, motor grader, soil compactor and tipper for construction of runways and highways.

Omaxe IPO , Files for DRHP with sebi

• Author: Ganapathy
• Filed under: IPO
• Date: Dec 23,2006

Omaxe IPO has filed its draft red herring prospectus, DRHP with the Securities and Exchange Board of India, Sebi for a public issue of up to 1,77,96,520 equity shares, as per press release.Of the total equity float, up to 1,75,00,000 equity shares are for the public, while the balance up to 2,96,520 shares are reserved for eligible employees of the company.

XL Telecom IPO allotment status

• Author: Ganapathy
• Filed under: IPO
• Date: Dec 22,2006

XL Telecom IPO allotment status can be checked here : http://www.rupya.com/boa/xltelecom.htm

Nissan Copper IPO allotment status

• Author: Ganapathy
• Filed under: IPO
• Date: Dec 22,2006

Nissan Copper IPO allotment status can be checked here : http://www.rupya.com/boa/nissan.htm