Reliance Power IPO which got cleared by SEBI is now graded by CRISIL and as got a 4 on 5 rating , Crisil grades IPOs on a scale of one to five. Grade one indicates poor fundamentals, while five-on-five is given to an issue with strong fundamentals.This will add up to already market good name reliance so one can see lot of money pouring into the IPO which is planned to hit the market in jan of 2008.
Burnpur Cement Ltd fixed price IPO was open on November 28, 2007 and closed on December 03, 2007.Its almost 1 month they have just come out with the allotment status .
Check Allotment status here.
- Author: Ganapathy
- Filed under: BseIndia
- Date: Dec 29,2007
In a measure ot have all the retailers take part in the Growing Derivative market which was involving huge lots and good amount of fund towards that BSEINDIA decided to bring in chota contracts that way the lot size is small and the same time investment amount is less , Now Bombay Stock Exchange offers mini Futures and Options contracts on the leading Indian equity Index ‘SENSEX ‘ for retail investors to participate in the ever growing Derivatives market. The SENSEX is the barometer of the Indian Capital Markets and widely tracked in the global financial markets.
Mini Senses Details
Security Symbol – MSX
Underlying Index – SENSEX
Price Quotation – Index Points
Market Lot - 5
Delivery – Cash Settlement
Tick Size - Rs. 0.05 i.e. 5 paisa
Strike Price Intervals - For options – min 3 strikes (1 In-the-money, 1 At-the-money, 1 Out-of-money)
Trading Hours – 9:55 a.m. to 3:30 p.m.
Contract Months – 1, 2 & 3 months plus weekly options also available.
Last Trading Day – Last Thursday of the contract month. If it is holiday, then the immediately preceding day.
Final Settlement Price – On the last trading day, the final settlement price of the expiring Futures / Options contract would be based on the closing value of the underlying index i.e. the SENSEX.
Reliance Power IPO had got some sort of good news , its already known that the reason why it has not hit the market yet is because there are some case against it in the High Court and the court has also asked the SEBI to do some homewoprk and give some final ruling and SEBI has also responded for that now .Sebi has stated that there is a lock in of five years for the promoters i.e 5 years from the date of allotment, So may be this will taken as a positive statement by ADAG Reliance Group and they might go ahead with the IPo in the coming month .Keep ypur warchest ready for reliance power ipo.
- Author: Ganapathy
- Filed under: IPO Listing
- Date: Dec 28,2007
TRil listed today at 70 percent premium ,The stock has listed at Rs 790, a premium of 70% over its offer price of Rs 465 on the NSE and touched a low of Rs 682.30.its quoting now between 720 to 730 it should also settle in this range today.
Future Capital IPO gets clearance from SEBI and may hit the market soon if the news is true , this is considered one of the good ipo as its from the Future Group.The company is looking to raise Rs 400 crore through IPO.Future Capital Holdings is offering 64.2 lakh shares via IPO and diluting 10.16% of equity. Promoters holding will reduced to 74% from current 83%.Currently the listed Pantaloon holds 61%, which will come down to 55% post IPO. Kishore Biyani’s stake will come down from 6.6% to 6% post IPO.
Source : CNBC
- Author: Ganapathy
- Filed under: IPO Listing
- Date: Dec 27,2007
Listing of equity shares of Transformers & Rectifiers (India) Ltd on December 28, 2007,
Bse Scrip Code: 532928
Suzlon Energy Ltd has fixed January 28, 2008 has been fixed as the Record Date for the purpose of sub-division of the face value of the equity shares of Rs 10/- (Rupees Ten Only) each to face value of Rs 2/- (Rupees Two Only) each.
Rajesh Exports Ltd has fixed February 05, 2008, as the Record Date
>for Sub-division of equity Shares of Rs 2 each to Re 1 each and
>issue of 2 bonus shares for every 1 share held by the share holders (200% Bonus)
Liberty Shoes Ltd (LSL) has informed the market that its 100% retail subsidiary namely Liberty Retail Revolutions Ltd (LRRL) which exclusively deals in footwear retailing through its own, retail stores. Liberty Retail Revolutions Ltd (LRRL), 100% retail subsidiary of the Company has made Preferential Allotment of its 6,50,000 Equity Shares of Rs 10/- each for cash at a premium of Rs 140/- per shares aggregating to Rs 9.75 Crores to expand its existing retail network and also to meet out its long term working capital requirements.
National Mineral Development Corporation Ltd (NMDC) has approved today
1. Issue of Bonus in the ratio of 2: 1 and
2. Splitting of Shares in the ratio of 10:1
3. Enhancement of the paid-up equity capital of NMDC from Rs 150 crore to Rs 400 Crore.
Parsvnath Developers launch of its premium commercial project, Parsvnath Highway Mall, in the city of Rajpura, Punjab. Highway Mall are normally seen in Other countries where they will have food court and other retail outlets that will benefit the travellers a lot , that kind of Highway Mall is going to be build by Parsvnath that will enhance the travelers’ joy by combining comfort and leisure.The project is specifically designed to offer commercial space to house large format stores showcasing range of aspirational brands to customers and will have a total saleable area of approximately 2.30 lac sq. ft.
Ahluwalia Contracts has received following new work orders / letter of intents for
1. Up-gradation and Renovation of Dr. S P M Swimming Pool Complex, New Delhi from Government of India, CPWD, Office of Executive Engineer, Commonwealth Games Division-VI, New Delhi.which Amounts to (Rs in Crores): Rs 230.00 and
2. Chalet Hotel Ltd (K RAHEJA CORP.) at Mumbai, Proposed Hotel Work “Renaissance” Phase-III, Civil & Structural Work at Mumbai which amounts to (Rs in Crores): Rs 111.00.
So The total Value of both orders come to Rs 341.00 Crores.
eClerx Services Limited IPO Listing on Monday December 31, 2007
NSE Symbol: ECLERX
Issue Price was Rs. 315/-
Larsen & Toubro bagged two orders yesterday totalling around 200 million Us dollar which is equal to around 800 crores (Approx).Both the projects was bagged by Larsen & Toubro (Oman) LLC
Order Details
>Larsen & Toubro (Oman) LLC secured the prestigious project of Muscat Golf
Course valued at Rs 433.5 Crores (R.O.42.500 Mn & US$ 110.37 Mn).
>Larsen & Toubro (Oman) LLC, has received two EPC Contracts totaling US$
79.71Mn (Rs 315.20 Cr), from Dhofar Power Company and Muscat Electricity
Distribution Company for Electrical Substations & associated works in Oman.
We can see more revenues coming through this subsidiary.
- Author: Ganapathy
- Filed under: Oil
- Date: Dec 26,2007
Deep Industries has obtained the LOI (Letter of Intent) in respect of contract with Gujarat State Petronet Ltd for Compression of Natural Gas at Olpad for the period of 5 years. The approximate Contract value for gas compression is around RS 30 Crore.
XL Telecom powered up the stock by the news it informed to the market today – XL Telecom & Energy Ltd has decided to enter into POWER GENERATION SEGMENT with initial investments in Spain, the current global destination for Grid Connected Solar Energy.
Classic Diamonds fixes Record Date as for Stock Split – the purpose of Sub-division of Rs 10/- per share of the Company into the shares of Rs 2/- each.
Jagran Prakashan fixes Record Date for Stock Split as January 16, 2008 for the purpose of Sub-Division of face value of Equity shares from Rs 10/- per share to Rs 2/- per share.
- Author: Ganapathy
- Filed under: Engineering
- Date: Dec 26,2007
Kilburn Engineering Ltd has informed the market that they have received LOI from M/s. Deepak Fertilisers & Petrochemicals Corporation Ltd. for Dryer, Pre Dryer & Coating drums aggregating Rs 10.05 crores.Current order book including this order is Rs 74.53 crores.
- Author: kalyan
- Filed under: Auto
- Date: Dec 26,2007
Escorts Ltd has announced a loss after tax of Rs 64.40 million for the year ended September 30, 2007 as compared to net profit of Rs 190.00 million for the year ended September 30, 2006. Total Income has increased from Rs 17809.80 million for the year ended September 30, 2006 to Rs 21021.50 million for the year ended September 30, 2007.
Vijay Shanthi Builders Ltd in association with Milestone Real Estate Fund incorporate has formed a new Company in the name of VIJAY SHANTHI MILESTONE DEVELOPERS PVT which will undertake of more residential projects in and around chennai , the question might be what is Vijay shanthi already doing , right its doing the same business but may be with Milestone Real Estate Fund incorporate which might bring in Fund for projects Vijay shanthi will benefit a lot and there might be lot of new projects in the offing.
BGR Energy Systems Limited IPO closed on December 12, 2007 with Transformers and Rectifiers IPO which came out with allotment status yesterday .BGR Energy IPO was oversubscribed by 119.54 times and 46.8934 times on the retail side.
Check the Allotment status here.
Wipro which is one of the leading IT company in india and India’s third-biggest software exporter is readying its warchest to bid for the famous french consultancy firm Cap Gemini reports Hindustan Times newspaper .
The paper said Wipro’s bid for Europe’s largest computer consultancy could be close to $71 per share.You can see Cap Gemini also rose by 11 percent on this news.But Wipro’s Chief Strategic Officer told the paper that the company will not comment on market speculation, indicating, however, that it is interested in larger deals and aggressively looking for inorganic growth options.
> Cap Gemini bought Kanbay so now wipro might buy Cap Gemini
Transformers and Rectifiers IPO Allotment Status is Ready , Transformers & Rectifiers India Ltd IPO was oversubscribed by 91.31 times .
TRIl IPO allotment status can be checked from here.
Subscribe to Rupya
