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Godrej Properties IPO – Files for DRHP with SEBI

  • Author: Lalitha
  • Filed under: DRHP, IPO
  • Date: May 31,2008
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About Godrej Properties

Godrej Properties was established in 1990 as a real estate development company within the Godrej Group of businesses. The company was originally incorporated as Sea Breeze Constructions and Investments Private Limited on February 8, 1985. godrej properties logo

The company’s name was changed to Godrej Properties and Investments Private Limited on July 2, 1990 and subsequently to Godrej Properties Limited on November 23, 2004. Since 1897, customers have trusted Godrej to deliver innovation and excellence across a broad spectrum of services and products.
About Godrej Properties IPO Details
Godrej Properties, one of the leading real estate development companies in India, proposes to enter the capital markets to raise necessary funds for the company’s expansion plans and has filed a draft red herring prospectus with SEBI.The company proposes an initial public offering of 9,429,750 equity shares of Rs 10 each through 100% book building process to part finance this plan.

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What is GDP or What is gross domestic product

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Every qtr they come out with GDP figure which will really tell how the country is doing , For example every day you do you daily income and spendings atleast on the income side you just calculate it at the end , you finally see hiw much you have spent and how much you have saved every month and if the saving gets increased then you will feel like you are growing same way but too complicated logic is involved when it comes to finishing out how a country is doing on the growth side,
What is GDP or Gross domestic product

The gross domestic product (GDP) is one the primary indicators used to gauge the health of a country’s economy. It represents the total money value of all goods and services produced over a specific time period – you can think of it as the size of the economy. Usually, GDP is expressed as a comparison to the previous quarter or year. For example, if the year-to-year GDP is up 3%, this is thought to mean that the economy has grown by 3% over the last year.

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Inflation at 8.1 percent for the week ending May 17 2008

  • Author: Lalitha
  • Filed under: Inflation
  • Date: May 31,2008
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Inflation for week ended May 17 stood at 8.1% Vs 7.82% , they where expecting at 7.91 percent , everyone knows that there is a price hike in petrol and diesel price today , not sure how much its going to moot the inflation for coming weeks.

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Reliance Power Ex Bonus Price falls below expectation

  • Author: Geetha
  • Filed under: Bonus
  • Date: May 31,2008
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Reliance power which went into ex-bonus from yesterday closed well below expectation , The stock is currently trading at Rs 235, which is less than around Rs 35 of its ex-bonus price.Reliance Power has gone ex-bonus today. Its first trade was at Rs 308.95. Reliance Power was seen at Rs 290-310 ex-bonus.

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ICRA Results – Announces March ending QTr and Yearly Results

  • Author: kalyan
  • Filed under: Results
  • Date: May 29,2008
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 ICRA has announced its results for the quarter ended March 2008 (Q4). The company’s net sales were at Rs 17.42 crore versus Rs 10.49 crore compared to previous QTR other income stood at Rs 2.41 crore versus Rs 1.79 crore. Its operating profit was at Rs 9.89 crore versus Rs 4.49 crore.The company’s Q4 net profit was Rs 8.24 crore versus Rs 4.35 crore.
 

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JM Financial has announced its results for the quarter ended March 2008 (Q4). The company’s total income was up by 69% to Rs 209.19 crore versus Rs 123.51 crore.During the same quarter its net profit was up by 39% to Rs 45.77 crore versus Rs 33.03 crore.    
Results For Financial year 2007-2008

JM Financial FY08 total income was up 67% to Rs 742.29 crore versus Rs 444.05 crore. The company’s FY08 net profit was up 65% to Rs 150.11 crore versus Rs 90.86 crore.

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JM Financial Bonus Issue and Stock Split

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JM Financial’s Board which came out with result today as announced Bonus and also Stock split .It  has approved bonus issue of 3 shares for every 2 shares and Stock split to Re 1 from Rs 10.

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HPCL Results – Declares March End QTR and Yearly Results

  • Author: kalyan
  • Filed under: Results
  • Date: May 29,2008
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 Hindustan Petroleum Corporation has announced its fourth quarter results. The company’s Q4 net profit was down at Rs 384.5 crore from Rs 549.5 crore, YoY.Its total income was up at Rs 31788.2 crore from Rs 22041.6 crore.HPCL FY08 writes back Tax of Rs 388 crore.

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Larsen and Toubro has has declared that the company’s Q4 net profit was up at Rs 967 versus 707.7 crore.Its Q4 net sales were up at Rs 8467 from Rs 6248 crore.
for the whole year FY08

Its FY08 consolidated net sales stood at Rs 29198.50 crore from Rs 20347. 85 crore.
Its FY08 consolidated net profit stood at Rs 2325.36 crore from Rs 2240.14 crore.

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Larsen Toubro Bonus – Approves 1 is to 1 Bonus issue

  • Author: Geetha
  • Filed under: Bonus
  • Date: May 29,2008
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Larsen and Toubro which came out with results as declared Bonus and Dividend also , it has declared a dividend of 14 rs oer share and also declared bonus of 1 is to 1 ,the record date for the same will be soon announced.

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20 Micron IPO Files for DRHP with Sebi

  • Author: Lalitha
  • Filed under: DRHP, IPO, SEBI
  • Date: May 28,2008
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CNBC report that Vadodara-based 20 Micron Ltd (20 ML), having one of the largest production facilities for white minerals in India, is planning to enter the capital market in the next few months to raise Rs 40 crore to part-fund its expansion projects. 20 ML has already filed the draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI)

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Results at a Glance – Results declared for May 28 2008

  • Author: kalyan
  • Filed under: Results
  • Date: May 28,2008
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> Emco has declared its results for the quarter ended March 2008 (Q4). The company’s Q4 net profit was at Rs 28.78 crore versus Rs 14.51 crore.
> Gwalior Chemical Industries has announced its results for the quarter ended March 2008 (Q4). The company’s Q4 net profit was at Rs 7.4 crore versus Rs 4.9 crore.
> IOC has announced its Q4 and FY08 numbers. It has posted Q4 net loss of Rs 414.3 crore as against profit of Rs 1,609.67 crore in same period of last year. Net sales increased at Rs 64,363.6 crore versus Rs 50,218.7 crore.
> IVR Prime has announced its Q4 numbers. It has posted net profit of Rs 42 crore as against Rs 116.3 crore and revenue of Rs 240 crore versus Rs 296 crore, QoQ.
> IVRCL Infrastructure and Projects has announced its fourth quarter results. The company’s Q4 net profit was up at Rs 73.3 crore from Rs 73 crore.
> Jindal Steel has announced it’s Q4 FY08 results. Its Q4 consolidated net sales was at Rs 5,489 crore versus Rs 3,519.8 crore (YoY). It’s FY08 consolidated net profit was at Rs 1,249.5 crore versus Rs 706 crore (YoY).
> Mahindra and Mahindra, M&M has announced its Q4 and FY08 numbers. It has posted FY08 consolidated net profit of Rs 1571.1 crore as against Rs 1497.2 crore in same period of last year. Net sales went up at Rs 23774..7 crore from Rs 17617.5 crore.
> Mundra Port has declared its FY08 results. The company’s FY08 income stood at Rs 846 crore and net profit stood at Rs 213 crore.
> Neyveli Lignite has announced its FY08 and fourth quarter results. The company’s standalone net sales were at Rs 2,981.65 crore from Rs 2,108.11 crore, YoY.
> Opto Circuits India has decalred its FY08 results. The company’s net sales were at 468.07 crore.
> Pyramid Saimira Theatre has declared its results for FY08. The company’s FY08 standalone net profit was at Rs 53 crore versus Rs 13.4 crore.
> Rane Madras has decalred its fourth quarter results. The company’s Q4 net loss at Rs 3.7 crore from profit of Rs 4.7 crore.
> Sundaram Finance has announced its FY08 results. The company’s FY08 consolidated net profit at Rs 252 crore.
> Tata Motors has declared its results for FY08. The company’s FY08 consolidated net profit was at Rs 2,167.70 crore versus Rs 2,204.93 crore on YoY basis.
> Visa Steel has decalred its fourth quarter results. The company’s net profit was up at Rs 21 crore from Rs 0.65 crore.

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Opto Circuits India Bonus Issue and Dividend Declaration

  • Author: abhisheak
  • Filed under: Bonus, Dividend
  • Date: May 28,2008
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Opto Circuits India Ltd has informed the market that on a meeting that was held on may 27th 2008 they have decided on dividend and Bonus information and the information is as follows
1. Recommended payment of 50% Dividend, subject to Share Holders Approval in the Annual General Meeting.
2. Recommended to issue Bonus Shares of 7 shares for every 10 shares held, subject to Share Holder approval in the Annual General Meeting.

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Kamanwala Housing recommends 1 is to 1 Bonus and Dividend

  • Author: abhisheak
  • Filed under: Bonus, Dividend
  • Date: May 28,2008
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Kamanwala Housing recommends 1 is to 1 Bonus and Dividend , in the meeting that was held on may 27th kamanwala housing made decision on Bonus and Dividend and they have come out with the following info.
Dividend and Bonus Info

1. recommended a Dividend of Rs 2.50 per Equity Share of Rs 10/- each (i.e. 25%) for the Financial Year 2007-08; and
2. Recommended an issue of Bonus Shares in the proportion of one new Equity Shares of Rs 10/- each for every one existing Equity Share held.

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Jaihind Projects awarded order worth 206.53 crores from GSPL

  • Author: Lalitha
  • Filed under: order_news
  • Date: May 28,2008
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Jaihind Projects Ltd has informed the marke that the Company in consortium has been awarded order of Rs 206.53 Crores from Gujarat State Petroleum Ltd for Installation and Construction Services, Goods Supply within India and Mandatory Spares Supply within India for Morbi Mundra Pipeline Project.

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Compucom Software Ltd which was listing at 32 rs or so saw upper freeze today after it informed the market that the Company has been awarded an ICT project by Secondary Education Department, Government of Rajasthan to provide Computer Education on BOOT basis in 2292 Govt. Schools of Rajasthan. The contract value is worth Rs 142 Crores (approximate). Today the Company has received letter of Intent (LOI) in this regard from respective Deputy Directors.

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Minda Industries secures order worth 50 crores from Volswagen

  • Author: Lalitha
  • Filed under: Auto
  • Date: May 28,2008
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Minda Industries Ltd (MIL) has informed BSE that the Company has bagged orders to the tune of Rs 50 Crores from Volkswagen for the supply of headlamps and rear combination lamps for its upcoming models in India. we all know that colswagen is opening shop in india for manufacturing cars in india ,This news is good for all auto ancillary company and more and more orders will flow for company like minda industries.The orders also include supply of rear combination lamps for the global model being manufactured in Russia. The Company will supply these from its existing facility at Chakan, Pune. The Company is also conducting feasibility studies for setting up a new lighting plant at Bawal in Haryana. MIL is in talks with other OEM’s for supply of headlamps and expects the turnover from lighting division to contribute Rs 225 – 250 Crores to the top line in the next 2 years.

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Infosys Technologies signs BBVA to use Finacle across its bank

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Infosys Technologies Ltd has informed the market that BBVA and Finacle from Infosys sign a strategic global partnership for using the product across its wide banking network , this will help in getting more contracts from them, Infosys has released this statement regardign the partnership.
bbva infosys

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Gokul Refoils and Solvent IPO Allotment status

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Gokul Refoils and Solvent IPO Allotment status is ready and can be checked here.IPO was open between may 8th to may 13th and got subscribed by 4.27 times and 5.5931 times on the retail side.
http://www.intimespectrum.com/site/ipo.asp

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Thermax gets order worth 14.2 million Euro

  • Author: Lalitha
  • Filed under: order_news
  • Date: May 27,2008
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Thermax which saw some limelight previous week due to good results was dopwn heavily in the dow market yesterday has received some good news on the order front which saw some raise in the stock value .The order news is Boiler & Heater business unit receives an order of Euro 14.2 million Details Thermax Ltd has informed BSE that the Company has signed a protocol of agreement for an export order, for supply of Heat Recovery Steam Generator (HRSG). This order shall be executed for an oil field Company to enhance the oil recovery through steam injection in their existing oil wells.

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Sita Shree Food gets more order from Reliance Fresh

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Sita Shree Food Products Ltd which got listed like this year was having main income from reliance fresh and they have got more order from reliance fresh and the detail is as 

“The company has received 400 Metric ton orders from one of its valued customer “Reliance Fresh”, prevailing month to deliver Wheat flour and pulses which is increased about 250% from the last order of 160 MT.”

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Anu Lab IPO Allotment Status

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Anu’s Lab IPO Allotment Status is ready and can be checked here .Anu’s Lab IPO was open bwetwen May 12 to May 15, 2008. IPO was oversubscribed by 8.43 times and 9.6417 times on the retail side.
Anu Lab IPO allotment status

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Dividend Announcement – Dividend declared for May 26 2008

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500103 Bharat Heavy Electricals Ltd., 62.5 % Final Dividend
500201 India Glycols Ltd 40 % Dividend
500540 Premier Limited BC 19-06-2008 25% Dividend
504258 Lakshmi Electrical Control Systems 60 % Dividend
504580 Madras Aluminium Co. Ltd., BC 14-06-2008 90% Dividend
504824 Maharashtra Elecktrosmelt Ltd., 31 % Dividend
505750 Josts Engineering Co. Ltd., BC 19-06-2008 55% Dividend
506315 Borax Morarji Ltd., BC 10-07-2008 35% Dividend
506480 Gulf Oil Corporation Ltd. 75 % Dividend
506590 Phillips Carbon Black Ltd., BC 18-07-2008 40% Dividend
506854 TANFAC Industries Ltd., BC 11-07-2008 17.5% Dividend
507880 V.I.P. Industries Ltd., BC 19-08-2008 30% Dividend
507894 Schablona India Ltd BC 08-09-2008 12.5% Dividend
509546 G.L. Hotels Ltd., BC 12-06-2008 15% Dividend
511108 Shiva Texyarn Ltd. 15 % Dividend
517522 Rajratan Global Wire Ltd 10 % Dividend
519588 DFM Foods Ltd. 5 % Dividend
520008 RICO Auto Industries Ltd. 60 % Dividend
520043 Munjal Showa Ltd., 100 % Dividend
522263 JMC Projects (india) Ltd. 20 % Dividend
523708 EIMCO Elecon India Ltd., 40 % Dividend
524138 Mahindra Composites Ltd. BC 14-07-2008 10% Dividend
524342 Indo Borax & Chemicals Ltd., 5 % Final Dividend
524558 Neuland Laboratories Limited. BC 21-07-2008 25% Dividend
526217 Hitech Plast Ltd. 10 % Dividend
532349 Transport Corporation of India Ltd 15 % Final Dividend
532401 Vijaya Bank BC 16-06-2008 A.G.M. 20% Dividend
532443 Cera Sanitaryware Ltd. BC 01-09-2008 30% Dividend
532517 Patni Computer Systems Limited BC 19-06-2008 150% Final Dividend
532527 ramkrishna forgings Ltd. 10 % Dividend
532684 Everest Kanto Cylinders Ltd. Final Dividend of 60%
532687 Repro India Ltd. 20 % Dividend
532787 ESS DEE Aluminium Limited 20 % Dividend
532806 AI CHAMPDANY INDUSTRIES LIMITED 5 % Dividend
532819 MindTree Limited BC 21-06-2008 10% Final Dividend
532859 HTMT GLOBAL SOLUTIONS LIMITED 100 % Dividend
532865 Meghmani Organics Ltd. 30 % Dividend
532880 OMAXE LIMITED Final Dividend of 25%
532890 Take Solutions Ltd BC 01-08-2008 20% Dividend
532967 Kiri Dyes and Chemicals Limited 15 % Dividend
532977 Bajaj Auto Limited 200 % Dividend
532978 Bajaj Finserv Limited 20 % Dividend
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Results at a Glance – Results declared for May 26 2008

  • Author: kalyan
  • Filed under: Results
  • Date: May 26,2008
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> Balaji Telefilms has announced its consolidated FY08 results. The company’s consolidated net profit was at Rs 95.6 crore. Its FY08 consolidated net sales were at Rs 378 crore.
> City Union Bank has declared its fourth quarter results. The company’s Q4 net profit up at Rs 28.18 crore versus 25.38 crore.
> Core Projects & Technologies has declared its consolidated results for the quarter ended March 2008 (Q4). The company’s Q4 consolidated net profit stood at Rs 20.91 crore versus Rs 28.35 crore on QoQ basis.
> Crompton Greaves has announced its Q4 and FY08 numbers. It has posted consolidated net profit of Rs 143 crore for the quarter ended March 2008 and net sales of Rs 2,020 crore.
> Dalmia Cement (Bharat) has declared its results for the quarter ended March 2008 (Q4). The company’s Q4 net profit stood at Rs 70 crore versus Rs 61.81 crore.
> Everest Kanto has announced its FY08 results. The company’s consolidated net sales were up at Rs 528.74 crore from Rs 425.05 crore, YoY.
> Federal Bank has declared its Q4 and FY08 numbers. The bank has reported net profit of Rs 103 crore as against Rs 99 crore in same quarter of last year.
> Geojit Financial Services has declared its consolidated results for the quarter ended March 2008 (Q4). The company’s Q4 consolidated net profit was at Rs 11.8 crore versus Rs 5.74 cr on YoY basis and versus Rs 22.24 crore on QoQ basis.
> GTC Industries has declared its fourth quarter results. The company’s Q4 net profit at Rs 2 crore versus Rs 40 crore (Tax writeback in Q4FY07)
> HTMT Global Solutions has announced its fourth quarter results. The company’s Q4 consolidated net sales were at Rs 173.45 crore.
> ITC has announced its fourth quarter and FY08 results. It has posted growth of 13.08% in its Q4 net profit of Rs 735 crore as against Rs 650 crore in same period of last year and 13.5% growth in net sales of Rs 3,934 crore from Rs 3,466.3 crore YoY.
> Omaxe has announced its FY08 results. Its FY08 consolidated net sales was at Rs 2281.6 crore versus Rs 1431 crore.
> REC has announced its FY08 results. The company’s consolidated net sales were at Rs 3378.22 crore.
> Repro India has announced its results for the quarter ended March 2008 (Q4). The company’s Q4 net profit was at Rs 4.58 crore versus Rs 2.72 crore.
> Transport Corporation of India, TCI has declared its results for the quarter ended March 2008 (Q4). The company’s Q4 net profit was at Rs 15.65 crore versus Rs 9.42 crore.

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Ashok Leyland and Nissan signs 3 LCV Join venture’s

  • Author: Lalitha
  • Filed under: Auto
  • Date: May 26,2008
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Ashok Leyland & Nissan sign 3 LCV JVs after the Master Cooperation Agreement signed on October 29, 2007 , this is the next news thats coming out they have formed like 3 join venture.
The Jointventure company is as follows.

Ashok Leyland Nissan Vehicles
Nissan Ashok Leyland Powertrain
Nissan Ashok Leyland Techonologies

In all the three company almost they have a 49 and 51 percent partnership between ashok leyland and nissan.

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