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June 30, 2007

Maruti Escudo - SUV from Maruti to be unvieled on July 5th 2007

escudo.jpg Maruti is to unviel Maruti suzuki Sports Utility Vehicle Escudo to Indian Road and they are goping to put it up in the Expo Mart on July 5th 2007, If marketed the price range should be anywhere from 14 to 16 lacs.You might know if this is marketed then this is second in the SUV list from Maruti next to Grand Vitara .

Posted by rupya at 11:43 PM

Import of Gold Jewels to US is going to have a Import Duty from now on

The US has stopped the duty-free import of Indian gold jewellery and brass lamps.These items were offered relief under Washington’s generalised system of preferences (GSP) programme.India exports around $1.6 billion of gold jewellery and $20 million of brass lamps to the US every year.The changes mean exporters of gold jewellery from India, the world's largest producer, will now have to pay an import duty of 4 per cent.

This is some what Bad news for Company like
>Rajesh Exports
>Gitanjali Gems and Jewels
and may be
>Titan also for its Tanishq Gold jewels

Posted by rupya at 10:58 PM

Mutual Fund - Filed for DRHP with SEBI as of June 30 2007

12-Jun-07 Reliance Banking Exchange Traded Fund
13-Jun-07 LIC MF Top 100 Fund
14-Jun-07 HDFC Arbitrage Fund
14-Jun-07 ABN AMRO Chindia Fund
20-Jun-07 ICICI Prudential Income Opportunities Fund
20-Jun-07 Escorts Fixed Maturity Plan
20-Jun-07 ICICI Prudential Real Estate Fund
22-Jun-07 DBS Chola Interval Income Fund
22-Jun-07 PSU Bank Benchmark Exchange Traded Scheme
22-Jun-07 Private Sector Bank Benchmark Exchange Traded Scheme
22-Jun-07 Tata Global Infrastructure Fund
26-Jun-07 DSP Merrill Lynch FMP Series

Posted by rupya at 10:46 PM

Jyothy Laboratories Ltd IPO files for DRHP with sebi

Jyothy Laboratories Ltd. - Leading manufacturer of Fabric care products, Ayurvedic Products, Herbal products, Air Care products, Mosquito Repellent products and also you must have seen jingles on TV for the famous brand of fabric care Ujala , They have filed for draft red herring prospectus with the Securities and Exchange Board of India for its initial public offering.The company will offer 44.30 lakh equity shares of face value Rs 5 each through 100 per cent book building process. The offer constitutes 30.52 per cent of the post-issue capital.

Posted by rupya at 10:35 PM

Kamayani Patients care India Limited IPO Files for DRHP with SEBI

Kamayani Hospital was started due to foresight and vision of Dr. Munishwar Gupta, Founder of Kamayani Patients Care (India) Ltd. He realize the need for a hospital Cancer and decided to start one in Agra.And on 2 March , 2000 the day when his dream came true. The 100 bedded hospital called Kamayani Hospital was inaugurated by Shri Rajendra Singh (Rajju Bhaiya).

In 3 years, the hospital has grown from strength to strength and today with 100 beds, it is a major centre for quality medical care in this region.Their Cancer therapy programme, which has developed over past 3 years, is based on total cancer therapy which not only include extensive investigative procedure, treatment through surgery, chemotherapy and radiotherapy but has vital element of counselling. Kamayani Hospital which was set up in 2 March , 2000 , counsels the cancer patients and their relatives by giving mental strength to face the disease.

Posted by rupya at 10:29 PM

DLF IPO to list on BSE/NSE on July 5th 2007

The much Awaited DLF IPO which opened and also the Allotment for the same is also done , all the retail investors are happy they got what they applied for but that might not be a good news for them , its listing on July 5th 2007 , that day will twell how much the retailers will get profit out of this IPO .

Posted by rupya at 10:25 PM

Kilburn Engineering awarded 7.5 croroe order from Essa Construction

Kilburn Engineering Ltd has been awarded an order by Essar Construction India Ltd valued at Rs 753 lakhs for supply of three Coal Drying Unit systems.

Posted by rupya at 10:21 PM

Opto Circuits India Declares Dividend and Bonus

Opto Circuits India Ltd has recommended 50% Dividend for the year 2006-2007 and also 1:2 Bonus for every fully paid Equity Shares.
opto.JPG

Posted by rupya at 10:28 AM

Kernex Microsystems India Declares Bonus and Dividend

Kernex Microsystems India has recommended a dividend @ 10% on equity share of Rs 10/- each for the year ended March 31, 2007 and also recommended issue of Bonus shares in the ratio of 1:10.
kernex.JPG

Posted by rupya at 10:16 AM

Suryachakra Power Corporation Limited IPO Allotment and subscription Detail - 2.18 times subscribed

Suryachakra Power Corporation Limited IPO closed today which had a Price Range of Rs. 17/- to Rs. 20/-,and total 3,40,00,000 Equity Shares.Total Issue Size 34000000
Total Bids Received 74248800
Total Bids Received at Cut-off Price 32325300
No. of times issue is subscribed 2.18
Retail subscribed by 3 times .

Posted by rupya at 12:51 AM

June 29, 2007

Inflation fell to 14 month low of 4.03 Percent

The inflation rate fell more than expected to a 14-month low in mid-June, it was less than what expected in the range of 4.13 , RBI governer passed no comments and said he is still watchin it and they will just pause it for now , the reason is the Manufacturing inflation which is really important is not showing much change , they need to have that going down .

Posted by rupya at 4:23 PM

Dividend Announcement - June 28th 2007

517552 Advanced Micronic Devices Ltd. 20 % Dividend
526851 Arex Industries Ltd. BC 18/09/2007 9% Final Dividend
502219 Borosil Glass Works Ltd., 30 % Dividend
523618 Dredging Corporation of India Ltd., 90 % Final Dividend
517372 Gujarat Intrux Limited 10 % Final Dividend
508853 Kampani Consultants Ltd., BC 6/8/2007 6% Dividend
523323 Kovai Medical Center & Hospital Ltd 12.5 % Dividend
502587 Rama Pulp & Papers Ltd 10% Final Dividend
517059 Salzer Electronics Ltd., BC 14/08/2007 18% Dividend
532733 SUN TV NETWORK LIMITED BC 28/07/2007 20% Final Dividend,Stocks Split , Bonus
532343 TVS Motor Company Ltd. BC 14/08/2007 15% Final Dividend
500465 Varun Shipping Co. Ltd., BC 1/8/2007 15% Dividend

Posted by rupya at 10:02 AM

Housing Development and Infrastructure Limited -HDIL IPO Allotment and Subscription detail on the First Day

Housing Development and Infrastructure Limited which opened yesterday is susbscribed by .25 times.
Issue Details.
Issue Period June 28, 2007 to July 03, 2007
Issue Size 2,97,00,000 Equity Shares (Excluding Green Shoe Option of 44,55,000 Equity Shares)
Face Value Rs.10/-
Price Range Rs. 430/- to Rs. 500/-
Tick Size Re. 1/-
Market Lot 14 shares ,Min - 14 shares
Maximum Subscription Amount for Retail Investor Rs.100000
OverSubscription Details
Total Issue Size 29700000
Total Bids Received 7691376
Total Bids Received at Cut-off Price 157458
No. of times issue is subscribed 0.26

Posted by rupya at 9:51 AM

Bharat Earth Movers Limited FPO Allotment and Oversubscription Details

Bharat Earth Movers Limited has fully subscribed on the second day of the IPO the FPO will be opened until July 2nd 2007 , the retail section is taking a very slow response , i will stay away from it .

Posted by rupya at 9:47 AM

Suryachakra Power Corporation Limited IPO Allotment and Oversubscription Details

Suryachakra Power Corporation Limited which is in its last day of the issue has oversubscribed just by 1 time and the retail portion has subsricbed by .27 times .

Posted by rupya at 9:45 AM

DLF IPO Allotment status

DLF IPO Allotment status is ready and can be checked here .
We know the retail portion was not fully subscribed so everyone should be getting allotment .

Posted by rupya at 12:07 AM

June 28, 2007

Jain Irrigation gets Mango Pulp order worth 84 crores.

Jain Irrigation Systems received order from Coca-cola FOR 84 CRORE BseIndia states that has announced that the Company has bagged the largest order for Rs 84 cr this is like 150 percent jump from Previous year order , Coca Cols uses this Mango Pulp for its most popular brand name of Maaza.

Posted by rupya at 3:09 PM

Bharat Electronics Declares Quarter Results and Dividend

Net Profit For Year ended March 31, 2007
Bharat Electronics have posted a Net Profit of Rs 7181.60 million as compared to Rs 5830.10 million for the year ended March 31, 2006.
Income For Year ended March 31, 2007
Total Income has increased from Rs 36548.60 million for the year ended March 31, 2006 to Rs 41490.50 million for the year ended March 31, 2007.
Dividend Declared
Bharat Electronics has recommended a final dividend of 140% (i.e. Rs 14 per equity share of Rs 10/- each) in addition to the Interim Dividend of 40% paid in February 2007.

Posted by rupya at 3:06 PM

DS Kulkarni Developers Ltd approved for its SEZ Zone in Pune

DS Kulkarni Developers has got approval from Special Economic Zone Board for the proposal of the Company, to develop a MultiServices SEZ of 250 acres in Pune.

Posted by rupya at 3:04 PM

Jet Airways first to start SMS Check In Service

Jet Airways India Ltd is the first in india to launch the service "SMS Check-in" for its Jet Privilege members, following the successful launch of its mobile-ticketing solution. But Im really not sure will the take that much pain and do sms and check In may be there are some who argue rather than waiting in line they can do SMS Check In .But Tell me is this something that will get them more customers.

Posted by rupya at 3:01 PM

Infosys Technologies is coming out with Q1 results on Jul 11, 2007

Infosys Technologies is styarting the Quarter results calendar by giving out the results on July 11th 2007 for the first quarter ending June 30, 2007 (Q1).

Posted by rupya at 2:57 PM

Nucleus Software Exports sells FinnOne to NDB Bank of Sri Lanka

Nucleus Software Exports Ltd has announced that NDB Bank of Sri Lanka, one of the largest private sector commercial banks in Sri Lanka has selected the Company's flagship product - FinnOne™ Retail Suite (*No. 1 Best Selling Retail Lending Software globally) on the Oracle Database and Oracle Fusion Middleware.

Posted by rupya at 2:56 PM

Meghmani Org listed today with 50 percent premium

Meghmani Org lists at Rs 33.25 on BSE vs issue price of Rs 19, currently its trading at 28 rs which is still a good profit .

Posted by rupya at 11:10 AM

Ashapura Minechem Ltd Recommends Bonus

Ashapura Minechem Ltd has recommended issue of bonus shares in the ratio of 1:1 i.e. 1 Equity Share for every 1 existing Equity Share .

Posted by rupya at 10:19 AM

Nagarjuna Construction Company awarded order worth 333.77 crore

Nagarjuna Construction Company Ltd has been awarded the project worth Rs 333.77 crores for construction of Rajeev Gandhi University of Health Science's Administrative Block, Medical College Block, 500 Bedded Hospital, 250 Bedded Super Speciality Hospital & Allied Colleges, Hostels, Quarters, Buildings etc., in Ramanagara, Bangalore Rural District by the Public Works Department, Government of Karnataka.Project duration will be period of 18 months.

Posted by rupya at 10:15 AM

MSK Projects India received order worth 23.132 crore order

MSK Projects India Ltd has received orders worth Rs 23.12 Crores from Bharat Oman Refineries Ltd in respect of Civil & Structural Works for Control Room, Substation, Fire-station, Reservoir and Pump Houses, Pipe Sleepers, Road Ph-II and associated electrical works etc at Crude Oil Terminal at Vadinar (Gujarat) for Bina Refinery Project.

Posted by rupya at 10:07 AM

June 27, 2007

Vishal Retail IPO Allotment and Listing Info

Vishal Retail IPO Allotment Detail is available at http://www.intimespectrum.com/site/ipo.asp

Posted by rupya at 12:52 PM

June 26, 2007

GV Films Ltd planning to De Merger - Stock Hit circuit and No sellers

GV Films Ltd has propesd plan for de-merger into three entities with 2 new resultant Companies and parent Company intact.Will have more information on this soon.

Posted by rupya at 2:44 PM

Lanco Infratech subsidiary Lanco Hills to sell Residential Aprtments

Lanco Infratech Ltd which is into the infrastructure business and its subidiary M/s. Lanco Hills Technology Park Ltd, which is into residential aprtments selling as come out with marketing plans to market its Project consisting of Residential Apartments.

Posted by rupya at 2:41 PM

Pratibha Industries bags contract worth 26.44 crore

Pratibha Industries Ltd has secured a contract from Jabalpur Municipal Corporation (Project Implementation Unit - PROJECT UDAY) for a water supply scheme.
Value of the contract is Rs 26.44 crores.
Project Execution in 24 months.

Posted by rupya at 2:28 PM

Nelcast IPO Allotment and Listing Info

Nelcast IPO allotment detail is available at http://www.bigshareonline.com/ipostatus.php
Nelcast IPO Listing Info :
Tentativly the IPO is alted to list on June 27th 2007 , which is tomorrow.
BSE Script Code: 532864
NSE Symbol: NELCAST

Posted by rupya at 11:01 AM

Dividend Announcment - June 25th 2007

500013 Ansal Properties & Infrastructure Ltd. 10 % Final Dividend
523537 APM Industries Ltd., 5 % Dividend
522005 Austin Engineering Co. Ltd., BC 22/09/2007 20% Dividend
522004 Batliboi Ltd BC 21/07/2007 20% Dividend
500048 Bharat Earth Movers Ltd., RD 12/7/2007 80% Second Interim Dividend
500084 CESC Limited, BC 16/07/2007 35% Dividend
519475 Chordia Food Products Ltd 15 % Dividend
532210 City Union Bank Ltd BC 10/7/2007 40% Dividend
523890 D.S.Kulkarni Developers Ltd 20 % Final Dividend
532707 Dynemic Products Ltd. 10 % Dividend
509650 Hindustan Housing Co. Ltd., 20 % Dividend
532414 IKF Technologies Ltd. 5 % Dividend
531777 Intellvisions Software Ltd 10 % Dividend
524330 Jayant Agro-Organics Limited. BC 14/08/2007 25% Dividend
530201 Kallam Spinning Mills Ltd. 12 % Dividend
511549 Morarka Finance Ltd. BC 18/09/2007 5% Dividend
520059 Munjal Auto Industries Ltd. 50 % Dividend
520043 Munjal Showa Ltd., BC 21/07/2007 100% Dividend
500312 Oil And Natural Gas Corporation Ltd 130 % Final Dividend
504382 Simplex Trading & Agencies Ltd., 10 % Dividend
524727 Span Diagnostics Ltd. BC 14/08/2007 18% Dividend
532468 SRF Polymers Ltd. BC 12/7/2007 5% Dividend
532685 SRF Polymers Ltd. BC 12/7/2007 5% Dividend
506655 Sudarshan Chemical Indus. Ltd., 25 % Dividend
505978 Triton Valves Ltd., BC 21/07/2007 100% Dividend
532478 United Breweries Ltd. 10 % Final Dividend
530151 Vijay Textiles Ltd. BC 20/09/2007 17% Dividend
532677 VIKASH METAL AND POWER LTD. 5 % Dividend
504988 Welcast Steels Ltd., BC 6/9/2007 20% Dividend
507817 Wires & Fabriks (SA) Ltd., BC 21/07/2007 15% Dividend

Posted by rupya at 10:55 AM

BEML Declares Annual Results and Second Interim Dividend

The Company has posted a net profit of Rs 935.10 million for the quarter ended March 31, 2007 as compared to Rs 861.20 million for the quarter ended March 31, 2006. Total Income (net of excise) has increased from Rs 8365.80 million for the quarter ended March 31, 2006 to Rs 9584.80 million for the quarter ended March 31, 2007.The result did not do much wonder to the market , The stock price has gone down .
Dividend Declared
Payment of Second Interim Dividend of 80% and record date for the same is set as July 12, 2007.

Posted by rupya at 10:50 AM

June 25, 2007

Oil & Natural Gas Corporation Ltd (ONGC) announces the quarter & year ended result for March 31, 2007

They has posted
Net Profit After Tax for the Quarter ended March 31 2007
Rs 26816.40 million same was at Rs 30858.90 million for the quarter ended March 31, 2006.
Yearly Net Profit Rs 156429.20 million
Total Income for the Quarter ended March 31 2007
Rs 145759.20 million where as the same was at Rs 125282.30 million for the quarter ended March 31, 2006
Yearly Total Income is Rs 608759.10 million

Posted by rupya at 4:52 PM

Hindustan Lever is now called Hindustan Unilever Ltd

Hindustan Lever Ltd has got approval from government for changing its name and also they have done so , they are going to be called as "Hindustan Unilever Ltd" from now on .

Posted by rupya at 1:46 PM

Man Industries secures Export Orders for Pipes worth 220 crores

Man Industries India Ltd has received some more export orders aggregating to Rs 220 crores including order from fortune 500 Oil and Gas Major Petronas, Malaysia. These orders are for LSAW pipes.Man Industries is high on the news.

Posted by rupya at 1:43 PM

Satyam Computer Services goes high on Nestle Deal

Satyam Computer Services Ltd, has announced that it has been awarded a three-year contract extension by Nestle Corporation, the largest food and beverage company in the world.Satyam is already high on the news.

Posted by rupya at 1:38 PM

June 24, 2007

Allied Digital Services Limited IPO opens on July 2nd 2005

About the company
An IT Infrastructure Management Services provider in India,Allied Digital is a leading IT Infrastructure management and Technical Support Services outsourcing Company. They enable
global, large and medium enterprises and service providers to reduce their total cost of ownership using a combination of onsite and rtemote services. They have been a global of outsourced technical support services for business-to-business, business-to-consumer, e-commerce and corporate internal environments.
Issue Details
Initial Public Offer (IPO) of 45,22,435 equity shares of Rs.10 each for cash at a price to be decided through the 100% book-building process for listing on both Bombay Stock Exchange and National Stock Exchange. The issue has a reservation of 2,00,000 equity shares available to the employees of the company.
Price Band
The price band for the offer has been fixed at Rs.170/- and Rs.190/- per equity share.
Issue Date
Issue Open between July 02, 2007, and July 05, 2007.
allied.jpg

Posted by rupya at 9:45 PM

HDIL IPO - Housing Develovpment and infrastructure IPO - HDIL IPO opens on June 28th 2007

HDIL IPO opens for subscription on 28 June, 2007 and closes for subscription on July 03, 2007.
Price Band Between Rs. 430 to Rs. 500 per share
About The Company :
Since 1978, HDIL has been satisfying the diverse needs of scores of home seekers in Mumbai, the commercial capital of India and Bangalore. It was not just the intention of doing business by being responsible for marketing affordable homes; the very inclination was to give the best to the home seeker fraternity at large.
Issue Details
Issue of Equity Shares# 30,000,000 Equity Shares of which
Employee Reservation Portion# 600,000 Equity Shares
Net Issue# 29,400,000 Equity Shares Of which:
Qualified Institutional Buyers (QIBs) Portion At least 17,640,000 Equity Shares* of which
Available for Mutual Funds only 882,000 Equity Shares*
Balance of QIB Portion (available for QIBs including Mutual Funds) : 16,758,000 Equity Shares*
Non-Institutional Portion 2,940,000 Equity Shares*
Retail Portion 8,820,000 Equity Shares*
Green Shoe Option Portion1 Up to 4,500,000 Equity Shares
The Issue and Green Shoe Option Portion Up to 34,500,000 Equity Shares
Pre and post-Issue Equity Shares
Equity Shares outstanding prior to the Issue : 180,000,000 Equity Shares
Equity Shares outstanding after the Issue (excluding the exercise of the Green Shoe Option) :
210,000,000 Equity Shares
Equity Shares outstanding after the Issue (including the exercise of the Green Shoe Option in full) : 214,500,000 Equity Shares

Related Entries
http://www.rupya.com/archives/2007/02/16/housing-develovpment-and-infrastructure-ipo-hdil-ipo-siles-for-drhp-with-sebi.html

Posted by rupya at 7:49 PM

UTI and Canara Bank Declares Dividend on UTI Infrastructure and Can Emerging Mutual Fund

CanEmerging Equities (D) Equity Diversified 28/06/07 3
UTI Infrastructure Fund (D) Equity Others 22/06/07 3.5

Posted by rupya at 7:05 PM

ICICI BANK FPO Priced at 940 Rs and for retailers at 890 Rs

ICICI Bank FPO price has been fixed at 940 rs per share and also they have fixe the ADS at American depositary share at $49.25 per share so this will be also some where in the range of 1000 rs or so .As we all know that retailers doesn't need to pay the same price as other FII and QIB's , there price would be at 890 Rs per share which is like good profit considering the price of 950 rs in the secondary market , but one thing i don't understand is not sure how much profit it would have got them , like investment of hundred shares is like 90000 Rs which would yield them 96000 rs which is mere profit of 7 percentage .

Posted by rupya at 12:13 PM

June 23, 2007

Karvy Stock Broking banned from opening Demat Accounts and Stock Broking

SEBI Whole Time member Shri G.Anantharaman passed final order on June 22nd 2007 over M/s. Karvy Stock Broking Ltd. (KSBL) as a Depository Participant, M/s. Karvy Stock Broking Ltd. (KSBL) as a Stock Broker and M/s. Karvy Computershare Pvt. Ltd (KCPL), Registrar to the Issue, in the matter of IPO Investigations that was going on for over a year now .
karvy.gif
1. M/s. Karvy Stock Broking Ltd, registered as Depository Participant is prohibited from opening fresh demat accounts till December 31, 2007. The direction against the DP shall come into force immediately.
2. M/s. Karvy Stock Broking Ltd, registered as stock broker is suspended for a period of three months. The order against the stock broker shall come into force immediately on the expiry of 21 days from the date of this order.
3. No further directions are issued against M/s. Karvy Computershare Pvt. Ltd. (KCPL), registered as Registrar to the Issue, in view of the suspension already undergone.

Posted by rupya at 8:41 PM

Inflation for week endign june 9 at 4.38 percent

Inflation for week ended June 9 at 4.28% Vs 4.80% at 57-week low, market estimate 4.43%,Finance minister on replying to the easing inflation as told that they would be closely watching the inflation for 4 to 5 weeks to make any decision on if the inflation is easing or not.

Posted by rupya at 1:32 PM

Ankit Metal and Power Limited IPO Allotment Details and Subscription Details

Ankit Metal & Power Limited oversubscribed by 1.6 times and on the retail side its oversubscribed by 2.5 times.
Total Issue Size 9590000
Total Bids Received 15162000
Total Bids Received at Cut-off Price 8019520
No. of times issue is subscribed 1.58

Posted by rupya at 1:11 PM

ICICI Bank FPO - Retail Fully Subscribed

ICICI Bank FPO finally closed and got a good response as a whole , totally it got subscribed by 11 times.
Total Issue Size 98870056
Total Bids Received 1136920434
Total Bids Received at Cut-off Price 34198482
No. of times issue is subscribed 11.50

Posted by rupya at 1:03 PM

June 21, 2007

Suryachakra Power Corporation Limited IPO opens on June 25th 2007

Suryachakra Power Corporation Limited IPO
Issue Period June 25, 2007 to June 29, 2007
Issue Size 3,40,00,000 Equity Shares
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs. 17/- to Rs. 20/-
Tick Size Re. 1/-
Market Lot 300 shares
Minimum Order Quantity 300 shares

Posted by rupya at 12:32 AM

Kotak Gold Exchange traded Fund opened today

Kotak Gold ETF opens today : The open-ended Kotak gold ETF, like the previous offer documents of benchmark MF and UTI MF for similar schemes now awaits Sebi nod. The Kotak gold ETF proposes to invest in gold, engage in gold lending, deposit gold with banks in return for fees to the extent permitted by regulators.
The minimum investment amount for opening account during the new fund offer period has been kept as Rs 5,000. The proposed scheme will have units of Rs 10 each with applicable load of 4% and exit load of 1%.
Open Date : June 20th 2007
Close Date : July 4th 2007

Posted by rupya at 12:16 AM

Spice Communications IPO or Spice Telecom IPO opens on June 25th 2007

Issue size is 520 crore
Issue Dates: Opens on June 25th 2007 closes on June 27 2007
Issue Price : Rs 41 - 46 a share
Issue Details : It will issue 11.31 crore equity shares of Rs 10 each and the issue will comprise 16.39% Spice Communications’ fully diluted post-issue share capital.
Pre IPO Placement : It raised around Rs 112 crore through a pre-IPO placement of 2.48 crore shares at Rs 45 each.
Stake Holders : Malaysia’s official service provider Telekom Malaysia (TM) holds 49%,while industrialist and Modi group Chairman B K Modi owns the remaining 51% stake in Spice Communications.
Purpose of the Issue : 50% of the total proceeds to retire part of its Rs 1,000 crore debt,Remaining for foraying into national long distance (NLD) and international long distance (ILD) services in the country.
Financials:
Spice Communications' net loss of Rs 68.58 crore in the full year ended June 2006 from Rs 6.97 crore in FY 2005.Sales advanced 9.1% to Rs 661.49 crore in FY 2006 (Rs 606.57 crore).
Listing : Listed only in BSEINDIA , not sure if everyone knw abt this if its a negative turnover company you cant list it in Nseindia.

Posted by rupya at 12:04 AM

June 20, 2007

ICICI BANK FPO Oversubscription Detail on Second Day - Just 3.5 times

Total Issue Size 98870056
Total Bids Received 311875896
Total Bids Received at Cut-off Price 1032906
No. of times issue is subscribed 3.15
Retail portion dint even cross .50 Percent

Posted by rupya at 11:58 PM

GV Films up by 5 percent - No sellers

sivaji.jpg
GV Films which is almost going up by 3 to 5 percent daily after release of the movie Sivaji is going up by 5 percent today also and there is no sellers and only buyers are queing up , there are totally 5 Lac buyers and no sellers at all and its quoting at 10.39 at 11.00 clock.I started recommending this from 7.49 Rs , You can visit the TIp section for further details.

Posted by rupya at 11:49 AM

Divis Lab UP 1000 Rs in one week

Divis Lab which i was recommending at 4800 two weeks back is at almost 6000 Rs , the stock as almost gone 1000 rs is one week , There is not much news building or anything just the stock is going up on the news of good results that came 3 weeks aback and also on the news of Stock Split .

Posted by rupya at 8:50 AM

Tata Capital - New Financial Service segment from Tata Group

Tata Sons Ltd., the holding company of the Tata Group, said on Tuesday it has formed a wholly-owned subsidiary to enter new segments in financial services.
Tata Capital Ltd. will offer capital market services, merchant banking, housing finance, private equity, vehicle and retail finance, and other services, it said in a statement.so this will be another interesting area to watch for sure they will come with a brokerage firm and they might become a competitor for Reliance Money.

Posted by rupya at 8:43 AM

Dividend Announcement - June 19th 2007

511589 Almondz Capital & Management Services Ltd Equity 5 % Dividend
500039 Banco Products (India) Ltd., Equity 15 % Dividend
500493 Bharat Forge Ltd BC 21/07/2007TO Equity 175% Dividend
590001 Chettinad Cement Corporation Ltd. Equity 75 % Dividend
508814 Cosmo Films Ltd., BC 25/07/2007TO Equity 40% Dividend
530743 GEI INDUSTRIAL SYSTEMS LIMITED Equity 10 % Dividend
500173 Gujarat Fluorochemicals Ltd. Equity 50 % Dividend
532457 Gulshan Polyols Ltd. BC 21/08/2007TO Equity 15% Dividend
500850 Indian Hotels Co. Ltd Equity 160 % Dividend
532706 Inox Leisure Limited Equity 10 % Dividend
501311 Jayabharat Credit Ltd., Equity 8 % Dividend
524330 Jayant Agro-Organics Limited. Equity 25 % Dividend
532745 JRG Securities Limited BC 21/07/2007TO Equity 15% Dividend
517206 Lumax Industries Ltd., BC 14/07/2007TO Equity 45% Dividend
524084 Monsanto India Ltd. BC 09/07/2007TO Equity 25% Final Dividend
530419 Sumedha Fiscal Services Ltd. Equity 5 % Dividend
500800 Tata Tea Ltd BC 25/07/2007TO Equity 150% Dividend

Posted by rupya at 8:38 AM

Gayatri Projects clarifies on news item of Rs 900 crore Project Win Rumour

Gayathri Projects clarified on news item appearing in a leading web-portal titled "Gayatri Projects to bag Rs 900 cr from AP govt", Gayatri Projects Ltd has clarified to BSE that the Company has not provided or announced any information about the works of Rs 900 Cr likely to be awarded to the Company by the AP Government.They are in the process of getting an answer from the AP government on who won the Bid.

Posted by rupya at 8:34 AM

Hindustan Dorr clarifies on news item of order win from HPCL

Hindustan Dorr raised almost 5 percent yesterday when a news titled "Hindustan Dorr Oliver is likely to bag another order from HPCL worth Rs 120 cr," The same has been clarified to BSE by hindustan Dorr that the Company is one amongst the several bidders for the said order and might be a prospective awardee. The Order has not yet been received by the Company.

Posted by rupya at 8:29 AM

Larsen and Toubro touches 2000 rs again on Dubai Residential Order Win

Larsen & Toubro Ltd (L&T) and Eastern Contracting LLC (Eastern) Joint Venture has bagged an order (AED 557.5 Million) from Victory Heights Golf Residential and Development LLC, United Arab Emirates, to build a prestigious residential property in Dubai Sports City.The order is worth around 610 crore Rs Value.

Posted by rupya at 8:24 AM

ICICI BANK FPO Oversubscription Detail on the First Day

ICICI BANK FPO got a good response from the FII on the first day and it has even boosted the sentiment of secondary market , the FPO got fully subscribed and upto 2.5 times.
Total Issue Size 98870056
Total Bids Received 270848562
Total Bids Received at Cut-off Price 177516
No. of times issue is subscribed 2.74
Retailers bid seems to be very less , but ypu never know what will happen on the last day.
Issue Details
Issue Period June 19, 2007 to June 22, 2007
Issue Size (.) Equity Shares aggregating Rs.87,500 million (Excluding Green Shoe Option of Rs.13,125 million)
Face Value Rs.10/-
Price Range Rs. 885/- to Rs. 950/-

Posted by rupya at 8:19 AM

Roman Tamrat IPO Allotment Details and Oversubscription Details

Total Issue Size 2900000
Total Bids Received 86044720
Total Bids Received at Cut-off Price 20409760
No. of times issue is subscribed 29.67
On the retail side it has subscribed by 21 times.
IPO Details
Issue Period June 12, 2007 to June 19, 2007
Issue Size 29,00,000 Equity Shares
Face Value Rs. 10/-
Price Range Rs. 150/- to Rs. 175/-
For Roman Tamrat IPO Allotment Details come back here.

Posted by rupya at 8:15 AM

ICICI BANK FPO - To Apply or NOT

ICICI BANK informs good data on the forthcoming FPO
Public issue of equity shares of the Bank in India, of Rs 8,750 crore will be open for bidding
through the book building route from June 19, 2007 to June 22, 2007. Up to 5% of the issue,
or Rs 437.50 crore, is reserved for existing retail shareholders of the Bank (i.e. shareholders holding up to 108 shares of the Bank as of June 13, 2007).
The issue has a Green Shoe Option of Rs 1,312.5 crore.
Price Band
Price band for the issue has been fixed at Rs 885 to Rs 950 per equity share.
Discount for Retailers
Retail bidders, including existing retail shareholders, will be allotted shares at a discount of Rs 50 per share to the issue price determined through the book-building process.
Bid Size
The minimum bid size will be six equity shares for retail bidders and existing retail shareholders. Bids should be in multiples of six equity shares for all bidders.
Payment OptionsUnder Payment Method-1,
Retail bidders are required to pay Rs 250 per share on application, Rs 250 per share on allotment and the balance amount on a call which is to be issued by the Bank within a period of six months from the date of allotment, and the discount would be adjusted against the call amount.
Payment Method-2,
Retail bidders are required to pay the full bid amount less the discount, at the time of application.Non-Institutional Bidders have the option to pay Rs 250 on application and the balance on allotment. Qualified Institutional Bidders (QIBs), who have to pay 10% of the bid amount at the time of application, have the option to pay Re 250 less the margin amount on confirmation of allocation and the balance on allotment.
NRI Bidders
Non-Resident bidders (including FIIs) will require prior approval of the Reserve Bank of India to subscribe to partly paid shares.

Posted by rupya at 8:05 AM

June 18, 2007

New Fund Offers filed DRHP with SEBI

1-Jun-07 HDFC Fixed Maturity Plan - Series VI
4-Jun-07 Lotus India Gilt Fund
4-Jun-07 Kotak Banking ETF
4-Jun-07 AIG India Treasury Plus Fund
4-Jun-07 AIG India Liquid Fund
6-Jun-07 JM MF- JM Interval Fund
6-Jun-07 Sundaram BNP Paribas Fixed Term Plan
7-Jun-07 Reliance Natural Resources Fund
7-Jun-07 HSBC Fixed Term Series 35 to 40
8-Jun-07 Standard Chartered Fixed Maturity Plan - Yearly Series
8-Jun-07 Standard Chartered Fixed Maturity Plan - Quarterly Series
8-Jun-07 HSBC Dynamic Fund and HSBC Flexi Debt Fund
8-Jun-07 Franklin Asian Equity Fund
8-Jun-07 DBS Chola Dynamic Equity Fund
8-Jun-07 Biral Sun Life International Equity Fund
8-Jun-07 ABN Amro Interval Fund
8-Jun-07 ABN Amro Fixed Term Plan - Series 9
12-Jun-07 Lotus India Cash Fund
12-Jun-07 Optimix Small and Midcap (SMC) Fund
12-Jun-07 Reliance Banking Exchange Traded Fund
12-Jun-07 Reliance Fixed Horizon Fund - IV
13-Jun-07 LIC MF Top 100 Fund
13-Jun-07 Birla Fixed Term Plan - Series Z
14-Jun-07 HDFC Arbitrage Fund
14-Jun-07 ABN AMRO Chindia Fund

Posted by rupya at 10:03 AM

Dividend's From Mutual Fund - ICICI,Birla,Tata Mutual Fund declares Dividend

Mutual Fund Record Date Dividend Amt
Birla India GenNext Fund (D) 19/06/07 2
DSP-ML Top 100 Equity - RP (D) 15/06/07 5
ICICI Pru Discovery Fund (D) Buy Online 15/06/07 2
ICICI Pru Growth (D) Buy Online 15/06/07 2
UTI Dividend Yield Fund (D) 8/6/2007 0.8
Tata Pure Equity Fund (D) 1/6/2007 3

Posted by rupya at 9:55 AM

June 17, 2007

Dividend Announcement - June 15th 2007

500023 Asian Hotels Ltd Equity 20 % Final Dividend
500120 Diamines & Chemicals Ltd., BC 13/07/2007 Equity A.G.M.
500246 Envair Electrodyne Ltd. Equity 7 % Dividend
500250 L.g.Balkrishnan & Bros. Ltd. Equity 50 % Dividend
500840 EIH Ltd BC 8/8/2007 Equity 70% Dividend
502137 Deccan Cements Ltd., BC 18/07/2007 Equity 30% Dividend
504036 Hind Rectifiers Ltd., Equity 100 % Dividend
505700 Elecon Engineering Co.Ltd., Equity 75 % Dividend
505807 Rolcon Engineering Co. Ltd., BC 16/07/2007 Equity 10% Dividend
509567 Goa Carbon Ltd., BC 24/07/2007 Equity 15% Dividend
517506 TTK Prestige Ltd. Equity 30 % Dividend
523319 Balmer Lawrie & Co. Ltd., BC 19/09/2007 Equity 135% Dividend
523724 Vijay Shanthi Builders Ltd Equity 10 % Dividend
524372 Orchid Chemicals & Pharmaceuticals BC 15/07/2007 Equity 30% Dividend
524699 Kilburn Chemicals Ltd. Equity 20 % Dividend
527001 Ashapura Minechem Ltd Equity 150 % Dividend
531344 Container Corporation Of India Ltd. Equity 110 % Final Dividend
532690 Ramsarup Industries Ltd. Equity 5 % Final Dividend
532699 Royal Orchid Hotels Ltd Equity 60 % Dividend
590056 Salona Cotspin Ltd. Equity 10 % Dividend

Posted by rupya at 10:03 PM

June 16, 2007

DLF IPO Fixes the IPO price at 525 Rs per share

DLF IPO Fixes the IPO price at 525 Rs per share , DLF IPO Which closed on june 14th this week , had a response of 3.5 times and the retail portion was subscribed at 1 times almost , they have foxed the price in the midlle instead of shppsing 500 or 550 Rs.
We knwo that this is been invested by some big names Like Deutsche Asset Management, HSBC, Dubai Investment Group and DE Shaw being the lead foreign investors in the issue and on the local Domestic investors like LIC, SBI, RIL, Reliance Capital and Reliance MF .

Posted by rupya at 4:02 PM

Elecon Engineering recommends Bonus and Dividend

Elecon Engineering Company has declared Bonus in the ratio of 2:1 share.
and recommended a dividend of 75 per cent.

Posted by rupya at 3:32 PM

June 15, 2007

Hindustan Dorr Oliver bags 85 crore project from Haldia refinery for Reverse Osmosis Technology

Hindustan Dorr Oliver Ltd has informed BSE that the Company has bagged a prestigious order from Petroleum major—Indian Oil Corporation Ltd (IOCL). The mega order worth approximately Rs 85.00 crores is for re-cycling plant for IOCL for their Haldia Refinery which is the biggest recycling plant using Reverse Osmosis Technology in any refinery in India.

Posted by rupya at 5:16 PM

Inflation Below 5 percent at 4.80 percent

Inflation dropped to 4.80%, during the week ended Jun. 2, 2007 from 4.85% in the previous week. The inflation fell below the level of 4.99% for the corresponding period of last year.We know that Reserve Bank of India wanted the inflation to stay at 5.0 for FY08 , which we are at now ,Coming weeks inflation data might be intresting .

Posted by rupya at 4:58 PM

Sivaji The Boss - Films gets money for GV Films and Pyramid Samira

Sivaji The Boss - Films gets money for GV Films and Pyramid Samira, With he film being release yesterday all over the world , Everyone are really happy about Rajini's come back , and the only answer i get from all the rajini fans is , at last we are seeing a Rajini's movie and they are really happy with that , that itself is a sure hit and the theatres are all booked for 20 days now housefull , i see both GV Films and Pyramid Samira which are both distributors for the film , benefit a lot from ticket collection , GV Films have already gone up from 7.50 to 9.20 Rs, and yesterday Pyramid Samira came out with the news about thr distribution around asia , whihc is a sure hit there also .Some moementum is build in Pyramid Samira today.

Posted by rupya at 12:16 PM

Bank of Japan (BoJ) keeps Benchmark Interest rate Unchanged

Bank of Japan (BoJ) decided on Friday to keep a benchmark interest rate unchanged at 0.5 per cent, a move that had been widely expected in the market.

Posted by rupya at 12:13 PM

Dividend Announcement - June 14th 2007

532807 Cinemax India Limited 2.2 % Dividend
500710 ICI India Ltd., BC 4/7/2007 270% Dividend
531349 Panacea Biotec Ltd. 100 % Dividend
500354 Rajshree Sugars & Chemicals Ltd., 35 % Dividend
531934 Supreme Yarns Ltd. BC 12/9/2007 10% Final Dividend
517146 Usha Martin Ltd. BC 16/07/2007 75% Dividend

Posted by rupya at 10:40 AM

Bharat Earth Movers’ (BEML) - Follow on Issue - BEML FPO opens on June 27th 2007

Bharat Earth Movers’ (BEML) follow-on public issue of 49 lakh equity shares of Rs 10 each will open on June 27 and close on July 3. The price band is yet to be announced. BEML shares was at Rs 1,074.90 on BSE, up 2.63% as of thursday.

Posted by rupya at 9:29 AM

DLF IPO Allotment Status and Oversubscription Ratio

DLF IPO which entered capital market with an initial public offer, IPO of 175,000,000 equity shares of Rs 2 each through a 100% book building process.The issue comprises reservation of 1,000,000 equity shares of Rs 2 each for subscription by the employees of the company and a net issue to the public of 174,000,000 shares. The price band for the issue is at Rs 500-550.
Oversubscription Details as Follows :
Total Issue Size 175000000
Total Bids Received 607031910
Total Bids Received at Cut-off Price 48226330
No. of times issue is subscribed 3.47
The retail portion as of yesterday 8.00 in the night is below 1 Times , so if its going to stay the same all the retailers will get firm allotment , Not sure if they will keep the price of the stock at 550 , it might me 500 , best advice is to sell when you get allotment .

Posted by rupya at 9:24 AM

Alstom Projects has won 1000 crores project from GSECL

Alstom Projects India Ltd has won a contract worth approximately Rs 1000 crores with Gujarat State Electricity Corporation Ltd (GSECL) for the construction of the first Alstom GT26-based combined cycle power plant in India. This 370 MW plant will be an extension of the existing combined cycle power plant located at Utran, Surat District. State of Gujarat, India.

Posted by rupya at 9:19 AM

Pyramid Saimira Theatre is also going to profit from Sivaji The Boss

Pyramid Saimira Theatre Ltd is exhibiting the film "Shivaji — The Boss", starred by Super Star Rajinikanth, directed by Shankar, produced by AVM Productions, the costliest Indian film to date, in 252 screens across the world. It includes 110 screens at Andhra Pradesh, 86 screens at Tamil Nadu, 4 screens at Karnataka and 52 screens at Malaysia.

Posted by rupya at 9:17 AM

Nagarjuna Construction gets contract worth Rs 61 crores

Nagarjuna Construction Company Ltd has secured a Building Contract from National Institute of Technology (NIT), Warangal, Andhra Pradesh valued at Rs 61 crores. The project comprises of construction of Hall of Residence for 1000 students and Kitchen cum Dining Hall at NIT. The work is to be completed over a period of 18 months.

Posted by rupya at 9:13 AM

Sun TV Network gains nicely on contract sign with Nimbus Television

Sun TV Network Ltd has has signed an exclusive Cable & Satellite channels agreement with Nimbus Communications Ltd to broadcast live feed of the ODI matches of the Ireland Series between India, Ireland, South Africa and Pakistan commencing on June 23, 2007 to July 03, 2007.

Posted by rupya at 9:09 AM

June 14, 2007

ICICI Bank - FPO Issue - 5 percent to be alloted to the ICICI Bank Holders

ICICI Bank Ltd has filed Red Herring Prospectus with SEBI and with the Registrar of Companies, Ahmedabad for Public issue of equity shares of Rs 10 each for cash at a price to be determined by book building (including a share premium per equity share) aggregating Rs 87,500 million. The Bank has decided to keep a 5% reservation in the FPO for existing shareholders, who on the close of the business hour of June 13, 2007 hold equity shares of the Bank, not exceeding in aggregate Rs 1,00,000/- in value, as determined on the basis of closing price of equity shares on National Stock Exchange of India Ltd on that date. The details relating to such reservation have been disclosed in the Red Herring Prospectus. Other details relating to the issue, such as the Price Band for the FPO, will be announced by the Bank in due course.

Posted by rupya at 9:37 AM

Reliance Equity Advantage Fund -New Fund Offer

Reliance Equity Advantage Fund - An open-ended diversified equity scheme.
Objective
To generate capital appreciation & provide long-term growth opportunities by investing in a portfolio predominately of equity & equity related instruments with investments generally in S & P CNX Nifty stocks and the secondary objective is to generate consistent returns by investing in debt and money market securities.
Mutual Fund Family Reliance Capital Asset Management Ltd.
Fund Class : Equity,Growth,Debt Diversified
Fund Type : Open-Ended
Entry/Exit Load : 2.25 % and 1.00%

Posted by rupya at 9:34 AM

Roman Tarmat Limited IPO is open for Subscription

Symbol - Series RTL EQ
Issue Period June 12, 2007 to June 19, 2007
Issue Size 29,00,000 Equity Shares
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs. 150/- to Rs. 175/-
Tick Size Re. 1/-
Market Lot 40 shares
Minimum Order Quantity 40 shares

Maximum Subscription Amount for Retail Investor Rs.100000

Posted by rupya at 9:27 AM

Vishal Retail IPO Allotment status and Oversubscription Details

Vishal Retail IPO which was first covered in our Blog and was even linked by Moneycontrol later had thr IPO closed yesterday , it was open only for 3 days , and we have to say that Vishal Retail IPO stealed the IPO show from DLF IPO , DLF IPO we knw that iots literally very Big of 10000 crore totally , But Vishal retail was just aiming for 110 crore and totaly it got oversubscribed by
Total Issue Size : 4782609
Total Bids Received : 330360475
Total Bids Received at Cut-off Price : 69406000
No. of times issue is subscribed : 69.08
Which is like they got money for like 7000 crore now , and in case of DLF they are oversubscribed by 2 times which means they have money like 20000 crore, I feel like should have tonned a little bit and had thr price range from 400 instead of 500 Rs.Anyway today being the Last day we will see how much subscription is done in DLF IPO.\
Retail Section of the IPO is subscribed by 51 times.
For Vishal Retail IPO allotment status Come back here or see in the IPO section of the category.

Posted by rupya at 9:14 AM

Simplex Infrastructures bags overseas construction order worth 1006 crore

Simplex Infrastructures Ltd has recently bagged two overseas orders for Industrial and High-rise building construction aggregating Rs 1006.70 crores.

Posted by rupya at 9:13 AM

Time Technoplast opens with a Bang on the listing day

Time Technoplast IPO , When once wants to call a IPO very sucessful then it has to list like the Time technoplast , It listed with a premium of 52 percent and closed at the same range.The stock intra-day touched a high of Rs 498 and low of Rs 415.55. The share had listed at Rs 490. The share ultimately closed at Rs 480.35, up Rs 165.35, or 52.49% from its issue price of Rs 315.

Posted by rupya at 9:08 AM

June 13, 2007

Dividend Announced by Mutual Funds

DBS Chola Hedged Equity (D) Equity Diversified 31/05/07 0.5
Canexpo (D) Equity Diversified 29/05/07 5
HDFC Long Term Equity Fund (D) Equity Diversified 28/05/07 1
StanChart Classic Equity (D) Equity Diversified 28/05/07 1.5
StanChart Arbitrage Fund (D) Equity Diversified 25/05/07 0.1
Tata Life Sc & Tech Fund (D) Equity Others 25/05/07 4
UTI MNC Fund (D) Equity - MNC 25/05/07 3
UTI Banking Sector (D) Equity - Banking 23/05/07 3.5
Tata Pure Equity Fund (D) Equity Diversified 1/6/2007 3
UTI Dividend Yield Fund (D) Equity Diversified 8/6/2007 0.8
DSP-ML Top 100 Equity - RP (D) Equity Diversified 15/06/07 5
ICICI Pru Discovery Fund (D) Buy Online Equity Diversified 15/06/07 2
ICICI Pru Growth (D) Buy Online Equity Diversified 15/06/07 2

Posted by rupya at 9:47 AM

New Mutual Fund Offers Filed for DRHP with SEBI

4-Jun-07 AIG India Liquid Fund
4-Jun-07 AIG India Treasury Plus Fund
4-Jun-07 Kotak Banking ETF
4-Jun-07 Lotus India Gilt Fund
6-Jun-07 JM MF- JM Interval Fund
7-Jun-07 Reliance Natural Resources Fund
8-Jun-07 Biral Sun Life International Equity Fund
8-Jun-07 DBS Chola Dynamic Equity Fund
8-Jun-07 Franklin Asian Equity Fund
8-Jun-07 ABN Amro Interval Fund
12-Jun-07 Reliance Banking Exchange Traded Fund
12-Jun-07 Optimix Small and Midcap (SMC) Fund
12-Jun-07 Lotus India Cash Fund

Posted by rupya at 9:41 AM

Dividend Announcement - June 12th 2007

500085 Chambal Fertilisers & Chemicals Ltd BC 18/07/2007 18% Dividend
532386 California Software Co. Ltd. 7.5 % Dividend
532483 Canara Bank BC 28/06/2007 70% Dividend
532807 Cinemax India Limited 15 % Dividend
526797 Greenply Industries Ltd BC 9/7/2007 30% Final Dividend
511034 Jindal Drilling & Industries Ltd., 5 % Dividend
526947 La Opala RG Ltd. 15 % Dividend
500730 National Organic Chemical Industrie BC 11/8/2007 5% Dividend
504879 Orient Abrasives Ltd. BC 10/7/2007 70% Final Dividend
523539 Precision Wires India ltd., 35 % Dividend
524480 Riddhi Siddhi Gluco Biols Ltd 30 % Dividend
532713 Sakuma Exports Ltd. BC 5/7/2007 5% Dividend
513597 Surana Industries Ltd. BC 28/06/2007 12% Dividend
509243 TVS Srichakra Ltd., BC 1/9/2007 25% Dividend
509966 VST Industries Ltd., BC 16/07/2007 200% Dividend

Posted by rupya at 9:30 AM

Rajesh Exports entering Property Development with its LandBank

Rajesh Exports Ltd has decided to initiate the development of 5 selected properties from the Company's existing land bank of 32 properties.They had started investing in realestate from year 1990 , which is going to yield them good return in the coming years.

Posted by rupya at 9:27 AM

Areva T&D India secures order from Madhya Pradesh Power Transmission Company

Madhya Pradesh Power Transmission Company has awarded a contract to Areva T&D for 22 x 160 MVA 220/132/33 KV autotransformers and 4 x 100 MVA 220/33/33 kV two winding transformers, including transport and supervision of erection and commissioning.The total order is worth around 115 crore, the news was already in the market yesterday which has raised the stock price.

Posted by rupya at 9:23 AM

Time Technoplast Ltd listing today June 13th 2007

Effective from June 13, 2007, the equity shares of Time Technoplast Ltd (Scrip Code: 532856) are listed and admitted to dealings on the Exchange in the list of 'B1' Group Securities.

Posted by rupya at 9:20 AM

June 12, 2007

ICICI Bank FPO to open on June 19th 2007

ICICI Bank FPO is planning to open on June 19th 2007 , Icici Bank and DLF IPO is literally pulling out all the money from secondary market , DLF IPO which is closing on June !4th and , they are planning by the time they finish the allootment for DLF it would be atleast 2 weeks , and not sure where the ICICI bank FPO is going to get the money from Retailer side , But think they have a plan where we dont need to pay the full FPO charge and its enough to pay 250 rs and even when the stocks start listing we can sell that stocks at a lower premium than the listing price , everything i would say is just assumptions , may be they will Push the FPO date to June 25th 2007 , we will wait and watch.They are planning to raise 10000 crores and also another 10000 crore through American Depositary Slips, The range for Indian FPO would eb anywhere from 900 - 950 rs.

Posted by rupya at 4:51 PM

Bharati Shipyard wins contract from Greatoffshore for Rs 260 crore

Bharati Shipyard had signed a contract worth Rs $64.80 million with Great Offshore for construction and supply of one multipurpose offshore support vessel.Bharati now has orders to supply of 41 vessels worth Rs 3724 crore.I hold ABG shipyard which is also in the same Shipyard business.

Posted by rupya at 4:49 PM

April Industrial Growth data Declared

April Industrial Growth data Declared , The market which was down until the info went up after hearing the data,
>India’s industrial production was up 13.6% per annum in April 2007 compared with 9.9% growth in April 2006.
>Manufacturing output climbed 15.1% in April 2007 against 11% in April 2006.
>Industrial output growth of March 2007 has been revised upwards at 14.5%.

Posted by rupya at 4:44 PM

DLF IPO fully Subscribed on the start of Second Day

DLF IPO fully Subscribed on the start of Second Day , So finally its fully subscribed on the start of the second day , i was expecting it to happen yesterday evening but that ok , i can see at the speed its going it can subscribe anywhere from 6 to 10 times, as you knw lot of subscription happens on the last day , even myself im planning to apply for it if the subscription goes beyond 3 or 4 times on the day before the closing day.

Posted by rupya at 12:38 PM

Larsen & Toubro Ltd (L&T) awarded Rs 1000 crore from ONGC and SAIL

Larsen & Toubro Ltd (L&T) is awarded Rs 877 crore has project from Oil & Natural Gas Corporation (ONGC) for the NQ Re-construction (NQRC) Project in Mumbai High North fields.
Larsen & Toubro Ltd (L&T) - Engineering Construction and Contracts Division of the Company has secured Rs 114.43 crore order from Steel Authority of India Ltd (SAIL) Bhillai

Posted by rupya at 12:28 PM

Diamond Cables wins order worth 75 crores

Diamond Cables Ltd has recieved Orders aggregating to 25,000 kms of Aluminum Alloy Distribution Conductors Valued at over Rs 75.00 Crores from GUNVL and various Private Customers.

Posted by rupya at 12:25 PM

GV Films and DIVIS Lab both would have earned profit

Divis lab is something which i have been talking about for 1 week now , touched a high of 5200 today and was around 4900 previous week , and GV films which i talked about yesterday in my blog has gone up by 1 re from 7.5 to 8.5 , i just bought like 1000 shares yesterday , im not too greedy .

Posted by rupya at 12:19 PM

Dividend Announcement - June 11th 2007

507543 Coromandel Agro Products & Oils Ltd 15 % Dividend
532542 Crew B.O.S. Products Ltd. 7.5 % Final Dividend
517437 Dutron Polymers Ltd. 6 % Dividend
505242 Dynamatic Technologies Ltd., RD 15/06/2007 20% Interim Dividend
500182 Hero Honda Motors Ltd. BC 12/7/2007 850% Dividend
504879 Orient Abrasives Ltd. 70 % Dividend
530069 Proto Infosys Ltd. 12 % Dividend
502450 Seshasayee Paper & Boards Ltd., BC 18/07/2007 35% Dividend
532793 Shree Ashtavinayak Cine Vision Ltd 12 % Dividend
526835 Silktex Ltd. 15 % Dividend
532374 Sterlite Optical Technoligies Ltd. BC 10/7/2007 15% Dividend
522267 Veejay Lakshmi Engineering Works Lt 20 % Dividend
512167 Yashraj Securities Ltd. BC 19/07/2007 10% Dividend
522108 Yuken India Ltd., BC 28/08/2007 25% Dividend

Posted by rupya at 10:13 AM

Gayatri Projects bags two orders worth 140 crore

Gayatri Projects Ltd which on late has been hitting the news for getting some new order is in news again as it has secured Two new orders aggregating to Rs 140.26 crores:
Order Details
1. Name of the Employer: The Superintending Engineer, Construction Circle, Ongole
Value of Work : Rs 78.81 Crores
2. Name of the Employer: The Superintending Engineer, Irrigation Circle, Bobbili
Value of Work : Rs 61.45 Crores

Posted by rupya at 9:14 AM

RTS Power Corporation awarded order worht 16 crore

RTS Power Corporation Ltd has announced that the successful execution of the Trial Order that was given by Cables & Conductors and the satisfaction of thr work as made them to get Orders worth Rs 159.86 Million for supply of Cables, Conductors & Transformers to power utilities.

Posted by rupya at 9:12 AM

Welspun-Gujarat Stahl Rohren wins order worth 1166 crores

Welspun-Gujarat Stahl Rohren has won order worth 1166 crore for the supply of line pipes overseas, You must be knowing if not the company just came out with results where it showed a profit increarse of more than 100 % for the financial year of 2006 - 2007 .After this order the book stands at Rs 5,166 crores.

Posted by rupya at 9:08 AM

Petron Engineering secures 23.57 crore from Madras Cement

Petron Engineering Construction Ltd has received Letter of Intent from Madras Cements Ltd for Mechanical Fabrication and Erection works for their 3800 TPD Cement Project at Ariyalur for a contract value of Rs 23.57 Crores.

Posted by rupya at 9:06 AM

June 11, 2007

DLF IPO Oversubscription detail on the first Day

DLF IPO Oversubscription detail on the first Day , its about to be subscribed and its almost .71 times on the Day one .We will see how the count is by end of the day as this number is as of 3.00 in the evening

Posted by rupya at 5:19 PM

GV Films going to MINT Money from Movie Sivaji

sivaji.jpg
Today i was seeing all the papers on the news about how the Sivaji Films Ticket sales is going and also heard that the Theaters are booked for like 2 weeks, then saw who are all the distributors for the movie , It was Abirami Mall Division and also GV Films ,Not sure if it was trues i heard the city distribution was bought for 10 crore or something , As per Economic Time survey, film is likely to cross Rs 100 crore revenue. The Company is proud to be a part of this venture and it expects to bring in lot of attention as well as good revenue to the Company.

Posted by rupya at 1:51 PM

IMP Powers gets order from Sunil Hitech for 25 crores

IMP Powers Ltd has order worth Rs 25 crores from Sunil Hitech Engineers which consists of supply of EHV TRANSFORMERS OF 50MVA/100 MVA to be executed in next 6-9 months.

Posted by rupya at 1:47 PM

MSK Projects India recieves 35 crore Project

MSK Projects India Ltd has received orders worth Rs 34.88 Crores from Bharat Oman Refineries Ltd in respect of Civil & Structural Works for Pipeline Terminals for Vadinar — Bina Pipeline — Bina Refinery Project.

Posted by rupya at 1:45 PM

Ansal Housing Licensed to develop 100 acre Residential Plot

Ansal Housing & Construction Ltd gets license fro Haryana and chandigarh housing and development Planning to develop 100 acre of Residential Project of the Company at Sector - 19, Rewari (Haryana)

Posted by rupya at 12:52 PM

June 10, 2007

Television Eighteen hits upper circuit on news of E 18

Network 18 Fincap has touched an intra day high of Rs 495.40 and an intra day low of Rs 461. Currently, the share is quoting at Rs 495.40, up Rs 23.55, or 4.99%.They are going into the entertainment space , when i was in New york the only show i watch is Enterrtainment Tonight , you literally get all the entertainment happening in US from it , TV 18 is also entering into this space for india , This might get more revenues for the company , will see how good of the show it is.

Posted by rupya at 3:14 PM

Indian software company needs to look for outsourcing from india Itself

With Dollar rate going up and down against indian ruppe , think Indian Technology company as to rethink about getting projects from India a lot , i was to a Podcast conference today , and i heard from stock traders saying that Wipro has made deals with thr client that they might change the rate of Ruppe dollar fluctuation, leaving all these aside , think they have to treat Indian company good so that they get good outsourcing projects from India itself , But the CNN IBN video casting on this doesnt look that way.

Posted by rupya at 1:16 AM

Mittal and Son - Very good Audio Stock Blogging to hear


powered by ODEO

Posted by rupya at 12:37 AM

Hindustan Construction awarded contract qworth 328.49 crore

Hindustan Construction Company Ltd has received a Letter of Intent for laying of Water Pipeline under Rajiv Sagar Lift Irrigation Project (Dummugudem), Package No.32 in A.P.The value of the contract is Rs 328.49 Crore.

Posted by rupya at 12:33 AM

Consolidated Construction Consortium IPO - CCCL IPO files for DRHP with SEBI

ccc.JPG Consolidated Construction Consortium Limited has filed draft red herring prospectus with Securities and Exchange Board of India.The company plans a public offering of 3,700,000 equity shares of Rs 10 each at a price to be decided through 100% book building process.Around 2.22 million shares will be reserved for qualified institutional buyers, 370,000 shares for non-institutional investors and 1.11 million shares will be reserved for retail investors. The issue would constitute 10.01% of the fully diluted post issue paid-up capital.
Company INFO Consolidated Construction Consortium Limited (CCCL) is an ISO-certified company with a turnover of around Rs. 3 billion. It has a significant presence in India, with offices in Chennai, Bangalore, Hyderabad and Delhi. An office recently opened in Middle East marks the beginning of its international visibility.Thanks to its unique professionalism that embodies a code of ethics, a committed and farsighted management team and its band of experts in a wide range of domains, CCCL has registered consistent growth over the years, ever since its inception. Projects They deal with CCCL’s services encompass Construction, Engineering, Procurement, and Project Management. To CCCL’s credit stand IT Parks, Biotech Parks, Resorts and Hotels, Commercial, Industrial & Institutional structures and Infrastructure facilities. Further, CCCL’s Specialty projects involving Precast Pre-stressed Structures, Pre-engineered structures and Shell Structures are remarkable for their innovative and revolutionary application of technology and expertise.CCCL has time and again stood true to its Vision and Mission, and looks to the future with undiminished enthusiasm and enterprise.

Posted by rupya at 12:23 AM

June 9, 2007

Nelcast IPO oversubascribed by 7.36 times

Total Issue Size 4350000
Total Bids Received 32007810
Total Bids Received at Cut-off Price 6420000
No. of times issue is subscribed 7.36
Retail p[ortion was subscribed by 4.5 times according to NSEIndia press release.
For Nelcast IPO Allotment status come back here.

Posted by rupya at 6:21 PM

DLF IP , Vishal Retail IPO and ROman Tamrat IPO opening this week

DLF IPO info :
Symbol - Series DLF EQ
Issue Period June 11, 2007 to June 14, 2007
Issue Size 175000000 Equity Shares
Issue Type 100% Book Building
Face Value Rs. 2/-
Price Range Rs. 500/- to Rs. 550/-

Tick Size Re. 1/-
Market Lot 10 shares
Minimum Order Quantity 10 shares
Maximum Subscription Amount for Retail Investor Rs.100000
Roman Tamrat IPO info
Symbol - Series RTL EQ
Issue Period June 12, 2007 to June 19, 2007
Issue Size 29,00,000 Equity Shares
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs. 150/- to Rs. 175/-

Tick Size Re. 1/-
Market Lot 40 shares
Minimum Order Quantity 40 shares
Maximum Subscription Amount for Retail Investor Rs.100000
Vishal Retail IPO info
Symbol - Series VRL EQ
Issue Period June 11, 2007 to June 13, 2007
Issue Size (.) Equity Shares aggregating Rs.1100 Million {Including 3,00,000 Equity Shares reserved for Employees}
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs. 230/- to Rs. 270/-
Tick Size Re. 1/-

Market Lot 25 shares
Minimum Order Quantity 25 shares
Maximum Subscription Amount for Retail Investor Rs.100000

Posted by rupya at 5:58 PM

June 6, 2007

Nelcast IPO subscription on the Second day

Nelcast IPO subscription on the Second day remains very dull,On second day of Nelcast IPO, the issue was undersubscribed with just 17,640 bids from the total issue size of 43.50 lakh shares.

Posted by rupya at 12:28 AM

Fortis Healthcare clariefies on DLF, Fortis JV to set up hospitals News

Fortis Heathcare clarifies on news that started appearing in almost every daily about
the 6200 crore join venture project between DLF and Fortis , they sais there is no suich deal that has newly developed and also further clarified
that the join venture wa their with DLF even before the IPO and the Prospectus of the Company dated April 25, 2007 had mentioned the same. Further,
they told that the MOU has not come out into any defenetive arrangement or anything .

Posted by rupya at 12:20 AM

June 5, 2007

Sadbhav Engineering zooms on winning order worth 90.5 crore

Sadbhav Engineering Limited has bagged two irrigation projects in Andhra Pradesh for
a total value of Rs 90.5 crore.This is for two orders.
Order Details.
>EPC turn key system includes construction of CM&CD works,
is valued at Rs 51.9 crore.
>Second contract is for preparing hydraulic particulars, designs and drawings and excavation of the canal including CM&
CD works besides linking up of all private tanks.

Posted by rupya at 5:03 PM

KEC International awarded 380 crore order in Kazakhstan by World Bank

KEC International Ltd has bagged a Rs 380 crore (US$ 94 million approx.)
order in Kazakhstan.The whole project is funded by World Bank and should be executed in 27 months for the Kazakhstan Electricity Grid Operating
Company (KEGOC).


Posted by rupya at 4:58 PM

Mercator Lines awarded 200 crore contract

Mercator Lines Ltd has been awarded a contract by Indian Oil Corporation Ltd. (IOC) for transportation of approximately 12 million tons crude oil over a period of 15 months (incl. extensions) commencing from July 2007. The estimated value of the contract is Rs 200 Cr.

Posted by rupya at 4:55 PM

Nitin Fire Protection lists with a Big Bang

Nitin Fire lists at Rs 332.50 on BSE , everyone knw that the ipo was priced at 190 rs and it listed at
332.50 rs and presently trading at 432 rs at a increase by 127 percent or 242 rs.

Posted by rupya at 11:58 AM

Dividend Announcement : June 4th 2007

< td align="left" valign="bottom">Jindal Stainless Ltd.
524370 Bodal Chemicals Ltd 15 % Interim Dividend
512579 Gujarat NRE Coke Ltd. 15 % Dividend
500116 Industrial Development Bank of India Ltd. BC 18/06/2007 15% Dividend
524731 Jenburkt Pharmaceuticals Ltd. 12.5 % Dividend
524731 Jenburkt Pharmaceuticals Ltd. BC 20/07/2007 12.5% Dividend
532508 BC < nobr>4/8/2007 20% Final Dividend
517449 Magna Electro Castings Ltd. BC 17/07/2007 30% Dividend
532408 Megasoft Ltd. BC 20/06/2007 10% Dividend
506579 Oriental Carbon & Chemicals Ltd., < font face="Arial" size="1">10 % Dividend
524552 Shasun Chemicals And Drugs Ltd. BC 17/07/2007 45% Dividend
531426 Tamil Nadu Newsprint And Papers Ltd < nobr>25 % Final Dividend
501301 Tata Investment Corporation Ltd., 150% Dividend ( Dividend 130% + Special Dividend 20%)

Posted by rupya at 10:23 AM

Nitin Fire Protection Industries Ltd listing from today June 5th 2007

Listing of Equity Shares of Nitin Fire Protection Industries Limited strong>in the stock exchange in B1 Security group under the BSE code : 532854Scrip ID on BOLT System : NITINFIRE
<
strong>Issue Details :
1,26,03,141 Equity shares of Rs. 10/- each fully paid-up. Issue price: Rs. 190 Per share (Face Value of Rs. 10/- and
Premium of Rs. 180)
Date of Allotment: May 31, 2007

Posted by rupya at 10:18 AM

June 4, 2007

Listing of equity shares of Asahi Songwon Colors Ltd -Listed at 93

Asahi Songwon Colors debuted at Rs 93. The scrip touched a high of Rs
134.70 and a low of Rs 92, in early trades,the market was good when it went up and now as the market is down the stock is trading in the range of 100
to 105 rs.

Posted by rupya at 1:50 PM

Parsvnath Developers launches Parsvnath Exotica in Gurgaon

Parsvnath
Developers Ltd which is almost launching 1 project every week as a new addtion to its residential projects its Parsvnath Exotica, in
Gurgaon .The project comprises of apartments, villas and penthouses.
Location :
on the Sector Road, diagonally opposite the Golf
Course. The project is spread over 24 acres. Altogether there are 15 towers having over 660 units. The architect for this project is the firm of
Rajender Kumar & Assoc-ciates.
Speciality :
These apartments have bridged floors and terrace gardens on the fifth and 12th
floors. Parking in this project is underground. 84 per cent of the project comprises of green areas. Among the facilities within the project are a
five-star club and two shopping centres.

Posted by rupya at 1:45 PM

Nelcast IPO opens tomorrow June 4th 2007 - Must Apply

nelcast.jpg IPO Info Intial public offer (IPO) of 43.50 lakh equity shares on 4 June 2007. The issue will close on 8 June 2007,The issue will be through 100% book building procedure and is priced between Rs 195 Rs 219 per share, with a minimum market lot of 30 shares.
About Nelcast : Established in 1985, Nelcast has since been a significant and diligent participant in the ferrous casting industry, producing superior quality castings for many an industry. Nelcast has shown an astounding growth rate, growing to 140 times its original size to reach its current capacity of 84,000 MT. It plans to double that capacity in about two years.
Products : Nelcast products range from industry to industry. Though primarily manufacturing casting components, Nelcast has a wide range of products that meet the requirements of different kinds of automation used in different industries. Beginning as low as 0.5 kg, Nelcast offers parts upto 250 kgs in weight and in a choice of several grades of Grey & Ductile Iron. Nelcast manufactures parts to be used in various applications in automobiles such as the engine, transmission, suspension, axle, brake and steering. Nelcast also caters to the tractor industry for their requirement of various housings as well as engine, transmission and axle components. Nelcast also caters to the railways & the pipe fittings industries.
Clients: Tata Motors, Ashok Leyland, Eicher Motors, Tata Cummins, Mahindra and Mahindra, TAFE, International Tractors and New Holland India. It exports to the US, Europe and Australian markets, where it caters to Arvin Meritor, Volvo, SIGMA and Dobbie Dico Meter
For Nelcast IPO Subscription details and
For Nelcast IPO allotment details come back here

Posted by rupya at 12:29 AM

June 3, 2007

Franklin India High Growth Companies Fund - New Mutual Fund Offer

FIHGCF.JPG Scheme Name : Franklin India High Growth Companies Fund
Mutual Fund : Franklin Templeton Mutual Fund
Objective of Scheme : Franklin India High Growth Companies Fund (FIHGCF) is an open-end diversified equity fund that seeks to achieve good revenue by investing the mutual fund proceedings in Indian companies/sectors with high growth rates or potential.
Scheme Type,Category : Open Ended,Growth
New Fund Launch Date/Close Date : 31-May-2007/29-Jun-2007
Minimum Subscription Amount : Rs.5000
Company Website : www.franklintempletonindia.com

Posted by rupya at 2:26 PM

June 2, 2007

La Parisienne - VGN Groups real estate project at Mogappair Chennai

VGN's La Parisienne is situated in Mogappair and incorporates vintage French architecture intertwined with modern amenities to create the finest living experience this side of France.
LaParisien_SitePlanW.jpg
La Parisienne consists of 930 to 1670 Sq. Ft. two and three bedroom apartments occupying 6 blocks. Each block is named after famous French landmarks - L'Ouvre, L'Opera, Montmarte, Eiffel, Notre Dame, and St. Germain and provides a similiar opulent experience these historical monuments offer.
Project Specifications:
* La Parisienne Apartments :
* Total No of Flats : 176
* No of Blocks : 6
* No of 2 Bed Rooms : 56
* No of 3 Bed Rooms :112
* Duplex Appts : 8
* Sq Ft Range : 930 to 1670 Sq Ft.
* Two more projects coming up at Mogappair.

Posted by rupya at 3:53 PM

LCS city Makers launching Prabhupuri at rajakilpakkam , chennai

This is located within a 1.25 acre exclusive community on the banks of the tranquil Vengai Vassal lake. Comprising of 24 semi-independent row houses, this architect-designed project is meant for those who wish to avoid the clutter and headaches of living in mass housing projects, and yet live in a private residence built by one of the city’s best developers.
Location :

specification : http://www.lcscitymakers.com/html/prabhuri/specification.html
Floor Plan and Layout : http://www.lcscitymakers.com/html/prabhuri/layout.html
Contact Details :
no. 45, poes Road ,
Teynampet
Chennai - 600 018
Ph : +91 44 24359085 / 9202 / 5623
Fax : + 91 44 42036831
email : contact@lcscitymakes.com
Website : http://www.lcscitymakers.com

Posted by rupya at 3:43 PM

Trafalgar - Lattice Bridge Road , Thiruvanmiyur

Trafalgar This is the name of the new residential property that is coming at Lattice Bridge Road , Thiruvanmiyur, The project is to be started by Lancor Holdings limited , they are going to have 16 luxurious 3 and 4 bedroom apartments .
Address Lancor Holdings Limited, Arihant VTN Square, 2nd Floor, New No.58, Old No.104, G N Chetty Road, T Nagar, Chennai 600 017. Tel:+91-44-2834 5880,+91-44-2834 5881 Tel:+91-44-2834 5882,+91-44-2834 5883,+91-44-2834 5884 Mobile: 98840 74616 (K Raamachandren) 98840 72616 (Sudha Karthikayan) 98840 55534 (P Rajesh) Email:marketing@lancor.in Website: http://www.lancor.in

Posted by rupya at 3:31 PM

Maruti Udyog Reported May 2007 Auto Sales

May total sales are at 59,400 cars vs 53,396 cars year ago.
May domestic sales are at 55,952 cars vs 50,904 cars year ago.
May exports were at 3,448 vs 2,492 yr ago.
Sales number by Car Type Category
May M800 model sales were at 5,456 cars vs 6,743 year ago.
May compact segment sales are at 38,889 cars vs 36,066 cars.
May sedan segment sales were 5,009 cars vs 2,458 cars.

Posted by rupya at 3:20 PM

Yash Raj Securities meeting on june 10th 2007 for Bonus Issue

Yash Raj Securities meeting on june 10th 2007 for deciding on Stock Split , dividend and Bonus issue ,Audited Financial Results of the Company for rhea year ended March 31, 2007 and also they are planning to change the name and object of the company.

Posted by rupya at 3:20 PM

Tata Tea and Shreyas Shipping gave very good Quarter Results today

Tata Tea has announced its Q4 and FY07 results.
FY07 standalone net profit was up 63.6% to Rs 306 crore (Rs 3.06 billion)
and consolidated net profit up by 48.2% at Rs 443 crore (Rs 4.43 billion).
Shreyas Shipping has announced its Q4 and FY07 results.
Net profit of Rs 13.5 crore (Rs 135 million) in Q4 of FY07 versus
Rs 7.2 crore (Rs 72 million) in Q4 of FY06.

Posted by rupya at 3:15 PM

Hero Honda reports May 2007 sales number

Almost everyone other than Maruti Udyog , have given only numbers less than previous may when it comes to auto or two wheeler sales , Hero Honda May 2-wheeler sales at 2.85 Lakh units vs 3.03 Lakh units

Posted by rupya at 3:11 PM

Educomp Solutions wins yet another order from Gujarath Informatics

Educomp Solutions hads won order from Gujarat Informatics Ltd (GIL) on behalf of the Govt. of Gujarat for the provisioning of Computer Aided Learning services in 2819 Schools, in the State Of Gujarat. Order is worth Rs 71.64 crores (USD 17.47 million) spread over a period of 3 years.

Posted by rupya at 3:10 PM

Dividend announcement : June 1st 2007

500024 Assam Company Ltd BC 26/06/2007 Equity Dividend
511766 Muthoot Capital Services Ltd. Equity 12 % Dividend
513683 Neyveli Lignite Corporation Ltd., Equity 12 % Dividend
524200 Vinati Organics Ltd., BC 20/09/2007 Equity 12% Dividend
532693 Punj LLoyd Ltd Equity 15 % Dividend
500800 Tata Tea Ltd Equity 150 % Dividend
511218 Shriram Transport Finance Co. Ltd., Equity 20 % Final Dividend
530049 J.J.Exporters Ltd. BC 23/07/2007 Equity 20% Final Dividend
526642 Mirza International Limited Equity 25 % Dividend
516108 South India Paper Mills Ltd. Equity 30 % Dividend
505192 Swaraj Mazda Ltd Equity 55 % Dividend
500247 Kotak Mahindra Bank Ltd. BC 26/06/2007 Equity 7% Dividend
500770 Tata Chemicals Ltd BC 10/7/2007 Equity 80% Dividend

Posted by rupya at 10:32 AM

Nitin Fire Protection IPO allotment status

Nitin Fire Protection IPO allotment status is ready here. , Please select Nitin Fire Protection IPO from the list , this is one of the IPO which crossed 50 times in subscription while they closed.

Posted by rupya at 10:27 AM

TVS Motors declares May 2007 sales number

TVS Motor May sales are at 1.08 lakh units vs 1.24 lakh units (YoY).They are saying that the high cost of raw material is hurting the margin and that will prolong till june end .This might ease out later part of the year.

Posted by rupya at 12:51 AM

Bajaj release May 2007 Auto sales number

Bajaj Auto Total May sales at 1.93 Lakh units vs 2.2 Lakh units.the slump in sales was because of 22 percent fall in sales of 100cc motorcycle, good that the 125cc section had a growth of 10% are else the number would have been more bad.

Posted by rupya at 12:50 AM

Reliance Communications introduces two New Plan

Reliance Communications introduces two New Plan one for the 990 plan and another 390 plan , but both offersfree incoming while roaming the first offers 900 minutes free incoming while the later offers 200 minutes incoming.Im not sureif Reliance communication is doign any good dead former Communication misiter wanted all the roaming charges to be slashed , may bethis step is first where they offer some free incoming while roaming and then they might slash the charges fully.Then on touching base on thegrowth the CEO told that they have sold already .5 million of colour handsets in its 1234 plan , this is really a good sales number for Reliance .you have to see another point this is good sales for the Phone instrument company also.

Posted by rupya at 12:48 AM

June 1, 2007

Inflation went down to 5.06 from 5.27 for week ending May 19th 2007

Rate of inflation based on the wholesale price index rose 5.06% in the week ended May 19, lower than the previous week's increase of 5.27%, This is just .01 high than the rate that was there a year ago.

Posted by rupya at 4:34 PM

Shriram Transport Finance declares good Quarter numbers

Shriram Transport Finance declared very good Q4 FY07 result.
Company's net profit was at Rs 48.4 crore in Q4 versus Rs 31.1 crore on YoY basis.
Net income figure stood at Rs 427 crore versus Rs 235.4 crore on YoY basis.

Posted by rupya at 11:14 AM

UB Holdings buys 26% of Air Deccan for 550 Crore

In a move to take control of Indian Aviation industry UB holdings parent company of Kinfisher Airlines has got 26 percent of Air Deccan for 550 crore, which values Air Deccan at 2200 crore.This made the stock yesterday raise by 11 percent .

Posted by rupya at 11:01 AM

Dividend Announcement - May 30th and may 31st 2007

500093 Crompton Greaves Ltd., BC 14/07/2007 A.G.M.
507649 Rasoi Ltd., 10 % Dividend
507779 Kanpur Plastipack Limited 10 % Dividend
517230 PAE LTd. 10 % Dividend
524654 Natural Capsules Ltd. 10 % Dividend
532153 Rain Calcining Ltd. 10 % Dividend
532173 Cybertech Systems and Software Ltd. 10 % Dividend
532727 Adhunik Metaliks Ltd. 10 % Dividend
532751 EASUN REYROLLE LTD. 100 % Final Dividend
526109 Pricol Ltd. BC 20/07/2007 100% Dividend
505750 Josts Engineering Co. Ltd., BC 11/7/2007 100% Dividend (50% Dividend + 50% Special Dividend)
500260 Madras Cements Ltd., BC 20/07/2007 100% Final Dividend
500480 Cummins India Ltd., BC 21/07/2007 100% Final Dividend
505355 Nesco Ltd 12 % Dividend
532711 Sunil Hitech Engineers Limited 12 % Dividend
532150 Indraprastha Medical Corporation Lt 12.5 % Dividend
500411 Thermax Ltd. BC 16/07/2007 130% Final Dividend
511108 Shiva Texyarn Ltd. 15 % Dividend
526315 Divyashakti Granites Ltd. 15 % Dividend
500825 Britannia Industries Ltd., 150 % Dividend
523736 Dhunseri Tea & Industries Ltd., 17.5 % Dividend
515147 Haldyn Glass (Gujarat) Ltd. 18 % Dividend
500404 Sunflag Iron & Steel Co. Ltd., 2.5 % Dividend
532259 Apar Industries Ltd 20 % Final Dividend
590071 SUNDARAM FINANCE LTD BC 11/7/2007 20% Final Dividend
526668 Kamat Hotels (India) ltd. 25 % Dividend
524667 Savita Chemical ltd 25 % Final Dividend
506618 Punjab Chemicals and Crop Protection Ltd. BC 21/08/2007 25% Dividend
532732 Kewal Kiran Clothing Ltd. BC 25/07/2007 25% Dividend
532762 Action Construction Equipments Ltd. 30 % Dividend
501425 Bombay Burmah Trading Corpn. Ltd., BC 17/07/2007 30% Dividend
517449 Magna Electro Castings Ltd. BC 16/07/2007 30% Dividend
524075 Albert David Ltd., BC 17/07/2007 30% Dividend
500335 Birla Corporation Ltd. 35 % Dividend
524552 Shasun Chemicals And Drugs Ltd. 45 % Dividend
526365 Shyam Star Gems Ltd. 5 % Dividend
505737 International Combustion (India) Lt 50 % Dividend
500114 Titan Industries Ltd BC 13/07/2007 50% Dividend
505737 International Combustion (India) Lt BC 17/08/2007 50% Dividend
532369 Ramco Industries Ltd BC 20/07/2007 50% Final Dividend
517494 Accel Transmatic Limited 6 % Dividend
504741 Indian Hume Pipe Co. Ltd., 60 % Dividend
532178 Engineers India Ltd. 60 % Final Dividend
504741 Indian Hume Pipe Co. Ltd., BC 23/07/2007 60% Dividend
532301 Tata Coffee Ltd BC 17/07/2007 65% Dividend
532054 Kamla Dials And Devices Ltd. BC 22/08/2007 7.5% Final Dividend
512527 Super Sales India Ltd. 70 % Dividend
508486 Hawkins Cooker Ltd. BC 23/07/2007 70% Dividend
532511 Excel Crop Care Ltd. 75 % Dividend
532555 NTPC Limited 8 % Final Dividend
500770 Tata Chemicals Ltd 80 % Dividend
509152 Gujarat Reclaim & Rubber Products L BC 17/08/2007 85% Final Dividend
500170 GTN Industries Limited 9 % Dividend
526775 Valiant Communications Ltd. BC 2/8/2007 9% Dividend
500400 Tata Power Co. Ltd BC 19/07/2007 95% Dividend

Posted by rupya at 9:24 AM