Barak valley cement closed after modest gain

• Author: Ganapathy
• Filed under: BVCL IPO
• Date: Nov 23,2007

Barak valley cement which debuted today closed with a modest gain of 55.30 rs agaionst the issue price of 42 rs.it opened at a high of 62 rs .

Barak Valley Cements Limited IPO listing on friday November 23 2007

• Author: Ganapathy
• Filed under: BVCL IPO
• Date: Nov 21,2007

Barak Valley Cements Limited (BVCL) IPO Listing on Friday, November 23, 2007
BSE Script Code: 532916
NSE Symbol: BVCL
Issue Price: Rs 42 Per Equity share
Face Value: Rs 10/- Per Equity Share

BVCL IPO allotment status

• Author: Ganapathy
• Filed under: BVCL IPO
• Date: Nov 16,2007

BVCL IPO closed on November 01, 2007 and was oversubscribed by around 29.15 times and retail around 39.4721 times , i applied for one full app for 1 lac i dint get any allotment .
check the status here.

BVCL IPO oversubscribed by 29 times and retail by 40 times

• Author: Ganapathy
• Filed under: BVCL IPO
• Date: Nov 2,2007

BVCL IPO oversubscribed by 29 times and retail by 40 times
Qualified institutional buyers 24.17
Non institutional investors 25.50
Retail individual investors 39.47
Employee Reservation 0.91
Total 29.15

BVCL IPO subscribed by 10 times at 1.00 clock on the closing day

• Author: Ganapathy
• Filed under: BVCL IPO
• Date: Nov 1,2007

BVCL IPO subscribed by 10 times at 1.00 clock on the closing day , so mostly it will be around 30 times before closing , and retailers should be around 10 times but not crazy like Religare.

BVCL IPO or Religare IPO which to apply on the final day

• Author: Ganapathy
• Filed under: BVCL IPO, Religare Enterprises IPO
• Date: Nov 1,2007

BVCL IPO which we are expecting to subscribed fully by 10 to 15 times and the retail side around 5 times rto 10 times , so we can expect some allotment and sure for some good premium while listing .

Religare IPO is almost at 34 times now and before closing most proababvly from 75 to 100 times and on the rtail side around 25 to 35 times , which im not sure it wuill be lottery system and very mere allotment , but good premium , but finally i expect that you might good return from bvcl becasue excess share will be alloted , just this is my feeling .
Please also make you own judgement.

BVCL IPO oversubscribed by almost 2 times on the end of second day

• Author: Ganapathy
• Filed under: BVCL IPO
• Date: Oct 30,2007

BVCL IPO oversubscribed by almost 2 times on the end of second day
Total Issue Size 5660000
Total Bids Received 9980100
Total Bids Received at Cut-off Price 3015900
No. of times issue is subscribed 1.76
Where the QIB portion is subscribed by 2 times and the retail portion is also subscribed by 2 times.

BARAK VALLEY CEMENTS LIMITED IPO – BVCL IPO fully oversubscribed on the first day

• Author: Ganapathy
• Filed under: BVCL IPO
• Date: Oct 29,2007

BARAK VALLEY CEMENTS LIMITED IPO Details

Symbol – Series BVCL EQ
Issue Period October 29, 2007 to November 01, 2007
Issue Size 5660000 Equity Shares
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs 37 to Rs 42
Tick Size Re. 1/-
Market Lot 150 shares
Minimum Order Quantity 150 shares
Maximum Subscription Amount for Retail Investor Rs.100000

IPO got oversubscribed on the first day.
Total Issue Size 5660000
Total Bids Received 6694650
Total Bids Received at Cut-off Price 150750
No. of times issue is subscribed 1.18