Vascon Engineers IPO Allotment – It will be Firm Allotment

Vascon Engineers IPO which closed today finally got fully subscribed on the closing day ,the price range of the
IPO was Rs. 165 to Rs. 185
Oversubscription Details

Total Issue Size 10800000
Total Bids Received 13141695
Total Bids Received at Cut-off Price 1790390
No. of times issue is subscribed 1.22

Oversubscription Details by Category

>Qualified Institutional Buyers (QIBs) 1.1210
>Non Institutional Investors 3.6458
>Retail Individual Investors (RIIs) 0.6200
>Employee Reservation 0.5352

Vascon Engineers IPO Allotment can be found here.

Syncom Healthcare IPO Allotment – might be lottery

Syncom Healthcare IPO which closed yesterday had pretty good subscription on the final day and closed with 5.17 times subscription.The IPO was priced between Rs. 65 to Rs. 75.
Subscription Details

Total Issue Size 7500000
Total Bids Received 38790720
Total Bids Received at Cut-off Price 14538330
No. of times issue is subscribed 5.17

Subscription Details by category

>Qualified Institutional Buyers (QIBs) 0.9897
>Non Institutional Investors 16.6029
>Retail Individual Investors (RIIs) 6.2481

Syncom Healthcare IPO Allotment Can be Found here.

Thangamayil Jewellery IPO Allotment will be firm

Thangamayil Jewellery IPO which closed yesterday January 29th saw total subscription of 1.12 times , the IPO was open from Jan 27, 2010 to Jan 29, 2010 , Price was between Rs. 70 To Rs.75.
Total Subscription

Total Issue Size 4107500
Total Bids Received 4588240
Total Bids Received at Cut-off Price 1279680
No. of times issue is subscribed 1.12

Subscription by category

>Qualified Institutional Buyers (QIBs) 0.5194
>Non Institutional Investors 1.5209
>Retail Individual Investors (RIIs) 2.2633
>Employee Reservation 0.6701

Thangamayil Jewellery IPO Allotment can be found here .

CRR hiked by 75 basis points – RBI Announced

Credit policy meeting outcome has come out and they have raised the CRR by 75 basis points , RBI has increased cash reserve ratio by 75 bps to 5.75 Percent , the hike would happen in two stages, the first stage of hike of 50 bps will be effective from February 13 and the next 25 bps from February 27. RBI has not touched the the reverse repo rate which is at 3.25 percent and repo rate which is at 4.75 percent.

Record Date for Bonus , Dividend , Stock Split and Rights from 29th Jan to 10th Feb 2010

Corporate action for Dividend , rights , stock split and Bonus record date announced.

Scrip Code Scrip Name Ex-Date Purpose Rs.
532281 HCL Tech 1/29/2010 2nd Interim Dividend 1
531120 Patel Engr 1/29/2010 Interim Dividend 2
520056 Sundaram Clayton 1/29/2010 Interim Dividend 0.5
531344 Container Corp 2/1/2010 Interim Dividend 6
532424 Godrej Cons 2/1/2010 3rd Interim Dividend 1
500113 SAIL 2/1/2010 Interim Dividend 1.6
532793 Shree Ashtavina 2/1/2010 BONUS 4:1 -
501301 Tata Invest 2/1/2010 Interim Dividend 15
506395 Coromandel Intl 2/2/2010 Interim Dividend 6
500179 HCL Infosystems 2/2/2010 2nd Interim Dividend 2
532761 HOV Serv 2/2/2010 Interim Dividend 2
500384 Brabourne Enter 2/3/2010 Amalgamation -
532969 CHI Investments 2/3/2010 Amalgamation -
532922 Edelweiss Cap 2/3/2010 Interim Dividend 2
501848 Garware Offsh 2/3/2010 2nd Interim Dividend 0.8
509152 Gujarat Recl 2/3/2010 Interim Dividend 5
505982 Hinduja Found 2/3/2010 Right 7:13 -
500243 Kirloskar Oil 2/3/2010 Interim Dividend 1.5
532921 Mundra Port 2/3/2010 Interim Dividend 2.5
533010 Octav Invest 2/3/2010 Amalgamation -
512626 Orbit Exports 2/3/2010 Interim Dividend 1
531539 Rishabh Digha 2/3/2010 Interim Dividend 1
504807 Summit Sec 2/3/2010 Amalgamation -
532349 Transport Corp 2/3/2010 Interim Dividend 0.4
532047 Asian Films 2/4/2010 Consolidation of Shares -
500093 Crompton Greav 2/4/2010 2nd Interim Dividend 1.4
523596 IRCON Intl 2/4/2010 Interim Dividend 21
523385 Nilkamal 2/4/2010 Interim Dividend 2
526371 NMDC 2/4/2010 Interim Dividend 0.8
532461 PNB 2/4/2010 Interim Dividend 10
532254 Polaris Soft 2/4/2010 Interim Dividend 1.8
507880 VIP Inds 2/4/2010 Interim Dividend 2
526560 English Indian 2/5/2010 Interim Dividend 5
500173 Gujarat Fluo 2/5/2010 Interim Dividend 1
524816 Natco Pharma 2/5/2010 Interim Dividend 2
500112 SBI 2/5/2010 Interim Dividend 10
523780 RAS Extrusions 2/8/2010 Consolidation of Shares -
523780 RAS Extrusions 2/8/2010 Reduction of Capital -
500361 RAS Pro Lamipack 2/8/2010 Consolidation of Shares -
500361 RAS Pro Lamipack 2/8/2010 Reduction of Capital -
500103 BHEL 2/9/2010 Interim Dividend 11
505255 GMM Pfaudler 2/9/2010 3rd Interim Dividend 0.7
517354 Havells India 2/9/2010 Interim Dividend 1.3
532902 Consolid Constr 2/10/2010 Stock Split from Rs. 10/- to Rs. 2/- -
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Apple iPad – New Apple Tablet – Announced from Apple

Apple revealed its so talked apple tablet in the conference that is going on now in San Fransico, they have called it as Apple iPad.Apple has made this device as combination of smartphone and laptop.We can surf the Net, check email, see images, watch videos, play music and games and read e-books.

Source:NDTV
– 0.5 inches thick
– weighs 1.5 pounds (0.7kilos)
– 9.7 inch multitouch display
– 1GHz Apple A4 chip (built in house)
– between 16GB and 64GB of flash memory
More Updates
>For now it comes with wifi and later version is going to have 3G
> 3g version will have 29.99$ unlimited data plan from AT&T , no contract is needed.
> By June it will be having international deal
> finally it costs only 499 $ starting model without 3g

>In 60 days this will ship worldwide and the 3G model in 90 days.


Read more about Apple iPad here

Sensex crashes by 490 points

When the market opened today i almost heard 2 to 3 FII saying indian market is safe not much of downside is not there atleast compared to other world market , i was like ya they say this all the time and on the back they sell the stock to have the market crash , same thing happened today again this doesnt have anything to do with FII statements but , today the market was like battered across all the segment.

In the above image you can see , i had taken this from capitalmarket website , the market was fully in red there was no chance for recovery.The worst hit in todays market was those which has something to do with bank interest rates like realty, auto and banks ahead of Reserve Bank of India’s policy meet.
Index and Forex Rate

SENSEX 16289.82 -490.64
NIFTY 4853.10 -154.80
RS/$ 46.18 0.01

Sector Wise Indices Data sorted from low hit sector on top

Index Current Value Change (%)
FMCG 2,783.74 -0.71
OIL&GAS 9,848.10 -1.66
CD 3,780.59 -1.74
IT 4,991.76 -2.54
TECk 3,185.35 -2.61
CG 13,001.16 -2.82
POWER 3,002.68 -2.88
HC 4,690.29 -3.01
PSU 9,346.92 -3.81
BANKEX 9,296.34 -4.19
AUTO 6,897.71 -4.78
METAL 16,050.57 -5.82
REALTY 3,357.25 -7.97

Lanco Infratech bags order worth 5675 crores

Lanco Infratech Ltd has informed the market that it has been awarded order worth totalling value of Rs 5,675 Crores
Contract Information

>For Offshore Supplies equivalent to Rs. 2,160.00 Crores
>For Civil Works of Rs. 1,021.68 Crores,
>For Onshore Supplies of Rs. 1,756.44 Crores
>For Services of Rs. 283.80 Crores
>For Non-EPC of Rs. 454.08 Crores

These all are bagged by Lanco Mahanadi Power Pvt. Ltd, a Subsidiary of the Company
for setting up of their Pulverized Coal Fired Power Plant of 2 x 660 MW Capacity to be located in the State of Maharashtra.

Aqua Logistics IPO Closing on January 28th 2010

About Aqua Logistics

Established in 1999 and headquartered in Mumbai, Aqua Logistics is India’s foremost global logistics and supply chain partner, delivering excellence across industries, through an integration of empowered people, processes and technology. At Aqua Logistics, we enable our client’s businesses by aligning the strategic and the operational perspectives.
Aqua Logistics understands that global supply chain management involves planning, implementing and controlling a series of complex tasks performed by persons of different nationalities and cultures and with varying language capabilities. We integrate these multinational capabilities by combining years of expertise with the latest in technology.

Aqua Logistics IPO opened on January 25th 2010.

Symbol – Series AQUALOG EQ
Issue Period Jan 25, 2010 to Jan 28, 2010
Issue Size [.] equity shares [including Anchor investor portion of . equity shares] for cash aggregating upto Rs. 15,000 lacs
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs.220 to Rs. 230
Tick Size Re. 1/-
Market Lot 25 Equity Shares
Minimum Order Quantity 25 Equity Shares
Maximum Subscription Amount for Retail Investor Rs.100000
IPO Market Timings 10.00 a.m. to 5.00 p.m.
IPO Grading IPO Grade 3
Rating Agency Brickwork Ratings India Pvt Ltd

Aqua Logistics IPO Allotment will be available here.

Vascon Engineers IPO opening on January 27th 2010

About Vascon Engineers

Vascon Engineers Ltd. has more than 20 years of experience, conceiving, developing, constructing and managing varied projects. It is active in multiple sectors including residential, industrial, IT parks, malls and multiplexes, hospitality and community.
One simple principle guides Vascon’s approach to every project: Understand the customer’s needs and expectations; fulfil the needs and exceed the expectations. This is how Vascon has been able to strike the right balance between efficient engineering and thoughtful development in project after project, across India.

Vascon Engineers IPO Opening tomorrow

Symbol – Series VASCON EQ
Issue Period Jan 27, 2010 to Jan 29, 2010
Issue Size 10,800,000 equity shares
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs. 165 to Rs. 185
Tick Size Re. 1/-
Market Lot 35 Equity Shares
Minimum Order Quantity 35 Equity Shares
Maximum Subscription Amount for Retail Investor Rs.100000
IPO Market Timings 10.00 a.m. to 5.00 p.m.
IPO Grading IPO Grade 3
Rating Agency CRISIL

Vascon Engineers IPO Allotment status will be available here.

Syncom Healthcare limited IPO opening on January 27th 2010

About Syncom Healthcare limited

Syncom Healthcare Limited was incorporated with an objective to manufacture and market pharmaceutical formulations. The Company is promoted by Shri Ajay S. Bankda, a renowned Indore based young entrepreneur.
He started his career with retailing of formulations & later on established a nationwide marketing chain with marketing of own brands like CTZ, FASTAC, Q-CORIL and many more. Capitalizing on the boom in pharmaceutical industry and with the aim to benefit from the tax incentives, a WHO – GMP compliant manufacturing facility in various dosage forms has been setup at Selaqui, near Dehradun in area measuring 4397 sq. mts. The facility is situated on Dehradun – Chandigarh highway in the state of Uttaranchal. This region is absolutely free from noise, air and water pollution.
Our newly constructed formulations manufacturing facility is based on ultra Modern ‘STATE OF ART TECHNOLOGY’ and has been designed by India’s leading consultants Doshi Consultants Pvt. Ltd.

Syncom Healthcare limited IPO opens tomorrow

Symbol – Series SHL EQ
Issue Period Jan 27, 2010 to Jan 29, 2010
Issue Size 75,00,000 equity shares
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs. 65 to Rs. 75
Tick Size Re. 1/-
Market Lot 90 Equity Shares
Minimum Order Quantity 90 Equity Shares
Maximum Subscription Amount for Retail Investor Rs.100000
IPO Market Timings 10.00 a.m. to 5.00 p.m.
IPO Grading IPO Grade 2
Rating Agency Credit Analysis and Research Ltd (CARE)

Syncom Healthcare IPO Allotment status will be available here.

Thangamayil Jewellery Limited IPO opens on January 27th 2010

About Thangamayil Jewellery

In the year 1947, Mr. N. Balusamy Chettiar, father of Mr. Balarama Govinda Das, Mr. Ba Ramesh and Mr. N.B. Kumar started a proprietorship concern as “Balu Jewellery” having its office at 14 Swami Sandhi Street, Madurai. In the year 1979-80, Mr. N. Balusamy Chettiar handed over all the business of proprietary concern to his sons namely, Mr. Balarama Govinda Das, Mr. Ba. Ramesh and Mr. N.B. Kumar. The business was carried out in the area of 100 sq. ft. at 121, South Avani Moola Street, Madurai.
The Company was originally incorporated on March 24, 2000 as a private limited company. The name of the Company was changed to Thangamayil Jewellery Limited upon conversion into public limited company with effect from November 20, 2007 and a fresh certificate of incorporation was obtained from Registrar of Companies, Chennai

Thangamayil Jewellery IPO opening tomorrow

Symbol – Series TMJL EQ
Issue Period Jan 27, 2010 to Jan 29, 2010
Issue Size Public Issue of [?] Equity Shares of Rs. 10/-
each for cash aggregating to Rs.2875.25 lacs
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs. 70 To Rs.75.
Tick Size Re. 1/-
Market Lot 80 Equity Shares
Minimum Order Quantity 80 Equity Shares
Maximum Subscription
Amount for Retail Investor
Rs.100000
IPO Market Timings 10.00 a.m. to 5.00 p.m.
IPO Grading BWR IPO Grade III
Rating Agency Brickwork Ratings India Pvt. Ltd

Well Pack Papers Bonus Issue and Spilt

Well Pack Papers Board has informed the market that in the meeting that was held on January 23rd 2010 it has approved the Bonus issue and also the Sub Division of Equity shares .
Bonus and Split Details

>Bonus at the rate of 1:4 , which means 1 share for every 4 share held.
>Accorded approval to the sub-division of the face value of Equity Shares of the Company from Rs 10/- each to Rs. 1/- each and, accordingly, the Authorised Share Capital of 80,00,000 Equity Shares of Rs 10/- each shall be sub-divided into 8,00,00,000 Equity Shares of Rs 1/- each and the issued and paid up capital of 44,35,020 equity shares of Rs 10/- each in the share capital of the company be sub-divided into 4,43,50,200 equity shares of Rs 1/- each fully paid-up.

Shree Renuka Sugars Bonus Issue

Shree Renuka Sugars Bonus Issue in the meeting that wqas held on January 25th 2010 has considered the Bonus issue that was proposed before and also approved the same , subject to approval of the shareholders,The Bonus issue is of 1 fully paid up equity shares of Re. 1/- each as bonus share for every 1 existing equity share of Re. 1/- each.

Network 18 Media & Investments Results – Announces Qtr Ending December 2009-2010 results

Network 18 Media & Investments reports net loss of Rs 5.08 crore in Qtr ending December 2009 for the financial year 2009-2010 compared to net loss of Rs 14.82 crore in qtr ending December 2008. Sales rose 0.68 Per Cent to Rs 10.32 crore in Qtr ending December 2009 for the financial year 2009-2010 compared to Rs 10.25 crore in qtr ending December 2008.