Indian IPO Blog

EIL FPO closes today, bid 11.63 times till now

2010-07-30T06:02:00.000+05:30

Engineers India FPO, which closed for QIB Bidders yesterday is bid 11.63 times till Day 3 with QIB Category getting an awesome 23.43 times oversubscription. The IPO closes today, i.e. on Friday, July 30, 2010 for the other categories EIL FPO has managed to garner 41% response in the Retail Category till July 29, 2010, while the HNI category is bid 0.14 times till now. EIL IPO consists of

Prakash Steelage Limited IPO opens from Thursday, August 5, 2010

2010-07-29T22:49:00.003+05:30

Prakash Steelage Limited (PSL), a PED certified Company, engaged in the manufacturing of seamless & welded stainless steel Pipes, Tubes and U-tubes, is coming up with an IPO of 6,250,000 Equity Shares of Rs.10 each The objects of the Issue are to meet the expenses of the issue and listing and for: 1. Expansion of existing manufacturing facility at Umbergaon, Gujarat; 2. Meeting the additional

SKS Microfinance IPO Bidding Status on Day 2

2010-07-29T22:30:00.001+05:30

QIB: 1.44 times Non-Institutional Investors: 0.05 times Retail: 0.07 times Overall: 0.77 times

Engineers India FPO Bidding Status till Day 3

2010-07-29T22:29:00.001+05:30

QIB: 23.43 times Non-Institutional Investors: 0.14 times Retail: 0.41 times Employees: 0.10 times Overall: 11.63 times

Bajaj Corp IPO opens from August 02, 2010

2010-07-28T18:07:00.000+05:30

Bajaj Corp Ltd., a part of Shishir Bajaj Group of Companies and the second largest in the group, is coming up with an IPO consisting of 4,500,000 Equity Shares, having a Face Value of Rs.5/- each The objects of the issue are: 1. To promote future products; 2. For acquisitions and other strategic initiatives; and 3. Other general corporate purposes Kotak Mahindra Capital Co. Ltd. is the Book

SKS Microfinance IPO Bidding Status on Day 1

2010-07-28T17:51:00.000+05:30

QIB: 0.34 times Non-Institutional Investors: 0.05 times Retail: 0.02 times Overall: 0.18 times

Engineers India FPO Bidding Status on Day 2

2010-07-28T17:49:00.001+05:30

QIB: 0.94 times Non-Institutional Investors: 0.02 times Retail: 0.13 times Employees: 0.03 times Overall: 0.51 times

Engineers India FPO gets feeble response on opening day

2010-07-28T00:08:00.003+05:30

Engineers India FPO, which opened for subscription from yesterday, July 27, 2010 has received negligible response on its opening day. The Retail Category is subscribed at about 0.04 times, receiving bids for 408240 Equity Shares as against 11543581 reserved for the category. (Click here for Engineers India FPO Subscription Status on First Day) Engineers India Limited (EIL) was set up in 1965 to

SKS Microfinance IPO Details

2010-07-28T00:05:00.001+05:30

Issue Size: 16,791,579 Equity Shares of Rs.10 each Issue Opens on: Wednesday, July 28, 2010 Issue Closes on: Monday, August 02, 2010 Price Band: Rs.850/- to Rs.985/- per equity share Bid Lot: 7 Equity Shares and in multiples thereof Lead Manager: Citigroup Global Markets India Pvt. Ltd., Kotak Mahindra Capital Co. Ltd. Registrar: Karvy Computershare Pvt. Ltd.

Engineers India FPO Subscription Status on First Day

2010-07-28T00:02:00.000+05:30

QIB: 0.00 times Non-Institutional Investors: 0.00 times Retail: 0.04 times Employees: 0.00 times Overall: 0.01 times

Engineers India FPO Details

2010-07-27T23:58:00.005+05:30

Issue Size: 33,693,660 Equity Shares of Rs.5/- each Issue Opens on: Tuesday, July 27, 2010 Issue Closes on: Friday, July 30, 2010 Price Band: Rs.270/- to Rs.290/- per equity share Bid Lot: 20 Equity Shares and in multiples thereof Lead Manager: HSBC Securities & Capital Markets Pvt. Ltd., ICICI Securities Ltd., IDFC-SSKI Pvt. Ltd., SBI Capital Markets Ltd. Registrar: Link Intime India Pvt.

Engineers India Ltd. (EIL) FPO - Key Links

2010-07-27T23:52:00.000+05:30

- Draft Red Herring Prospectus (SEBI) - Red Herring Prospectus (NSE)

SKS Microfinance IPO Price Band fixed

2010-07-26T18:17:00.000+05:30

The Price Band for the upcoming IPO of SKS Microfinance Ltd. is fixed at Rs.850/- to Rs.985/- per equity share SKS Microfinance is the largest MFI in India in terms of total value of loans outstanding, number of borrowers and number of branches. SKS Microfinance aims to empower the poor by providing them collateral-free loans for income-generation The proposed IPO of SKS Microfinance Ltd. has

Midfield Industries IPO Final Subscription Status

2010-07-22T10:29:00.001+05:30

QIB: 1.86 times Non-Institutional Investors: 48.41 times Retail: 13.51 times Overall: 12.92 times

Midfield Industries IPO bid more than 2 times till 4PM on Day 2

2010-07-20T17:43:00.000+05:30

Midfield Industries IPO, which had opened for subscription from July 19, 2010 is bid about 2.04 times till 4 PM on Day 2 as per the data available on the NSE Website. Midfield Industries IPO was fully subscribed on the opening day with Retail Category getting bid 0.56 times or about 56% on Day 1 Stay tuned for precise subscription statistics on Midfield Industries IPO!

SKS Microfinance IPO gets IPO Grade 4

2010-07-17T00:28:00.000+05:30

The proposed IPO of SKS Microfinance Ltd. has received an IPO Grade 4/5 from Credit Rating Agency CARE. ‘CARE IPO Grade 4’ indicates Above Average Fundamentals. CARE assigns IPO Grades on a scale of Grade 1 to Grade 5, with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals. The grade assigned to any individual issue represents a relative assessment of the ‘

Technofab Engineering IPO closes at 23% Premium on Listing Day

2010-07-17T00:20:00.000+05:30

Technofab Engineering IPO which listed on the exchanges yesterday, closed at Rs.295.65 on the BSE as against an Issue Price of Rs.240/- per equity share, at a premium of 23.18% over the Issue Price. The share opened at Rs.265/- and touched an Intra-day High of Rs.307/- per share Technofab Engineering IPO had opened for subscription from Tuesday, June 29, 2010. The Company is engaged in the

Engineers India IPO opens from July 27, 2010

2010-07-16T00:12:00.001+05:30

The state-run Engineers India Limited (EIL) is coming up with an Initial Public Offer of 3,36,93,660 Equity Shares, each having a Face Value of Rs.5/- each, which would open for subscription from Tuesday, July 27, 2010 Engineers India Limited (EIL) was set up in 1965 to provide engineering and related technical services for petroleum refineries and other industrial projects. EIL is working under

Technofab Engineering IPO to list today

2010-07-16T00:01:00.000+05:30

The Equity Shares of Technofab Engineering Ltd. will be listed on the Exchanges today. The Issue Price for the IPO was fixed at the upper end of the price band at Rs.240/- per equity share. The Price Band for the IPO was Rs.230/- to Rs.240/- per equity share The IPO of Technofab Engineering IPO was oversubscribed by a remarkable 12.78 times on an overall basis. The IPO had managed to garner a

Midfield Industries IPO opens on July 19, 2010

2010-07-15T23:57:00.000+05:30

Midfield Industries Ltd., a manufacturer, supplier and exporter of steel strappings, strapping seals, strapping tools & machines, accessories, angle boards, edge protectors, ID & OD protectors, pneumatic nailers, nails, PET Straps etc., is coming up with an IPO of about 45 Lakh Equity Shares of a Face Value of Rs.10/- each Midfield Industries Ltd. would open for subscription from Monday, July 19

Indian Rupee gets a new symbol

2010-07-15T23:05:00.000+05:30

The Indian Rupee now has its very own symbol just like other International currencies like Euro, US Dollar, Pound Sterling. The Indian Rupee becomes the fifth currency in the world to have a distinct identity The Rupee symbol (given below) designed by D Udaya Kumar, an IIT Graduate, is a mixture of the Devanagri Letter 'Ra' and Roman Letter 'R'. Information and Broadcasting Minister Ambika Soni

SKS Micro Finance IPO opens from July 28, 2010

2010-07-13T22:12:00.000+05:30

SKS Microfinance, India’s largest microfinance organization, is coming up with an IPO, which is expected to open for subscription from Wednesday, July 28, 2010. The IPO of the Hyderabad-based firm, will remain open for subscription from Friday, July 30, 2010 SKS Microfinance aims to empower the poor by providing them collateral-free loans for income-generation. SKS extends these loans to women

Hindustan Media Ventures IPO Issue Price fixed

2010-07-10T21:37:00.000+05:30

Hindustan Media Ventures IPO Issue Price has been fixed at Rs.166/- per equity share. Hindustan Copper Limited, a public sector enterprise of the Government of India, was incorporated in 1967 As per the Company's website, the Company markets copper cathodes, copper wire bar, continuous cast copper rod and by-products, such as anode slime (containing gold, silver, etc.), copper sulphate

Hindustan Media Ventures IPO Final Subscription Status

2010-07-07T23:57:00.003+05:30

QIB: 8.98 times Non-Institutional Investors: 3.39 times Retail: 1.00 times Overall: 5.43 times

Hindustan Media IPO bid more than 5 times till 4 PM

2010-07-07T17:01:00.000+05:30

Hindustan Media Ventures IPO has managed to garner good response on the closing day. The IPO has been bid about 5.32 times till 1600 hrs IST on the closing day, as per the data available on the NSE Website. The IPO was bid only 1% till the Day 2 Hindustan Copper Limited, a public sector enterprise of the Government of India, was incorporated in 1967. As per the Company's website, the Company