IPO Updates Headlines

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Flurry of IPO’s in the market. Should you subscribe to any?

Rajesh Singla

It is very strange that amid all the volatility in the stock markets, there have been numerous IPOs in the ...

Sudar Garments IPO on Feb 21, Finolex coming on Feb 23

Rajesh Singla

Sudar Garments is entering the capital market with a public issue of 9,088,000 Equity Shares of Rs. 10 for cash at a premium by 100% book building route. The price band is yet to be decided for the equity share of face value of Rs 10 each.

5 Must Invest IPO In 2011

Rajesh Singla

According to research firm Mehta Equities the five interesting IPOs in 2011are Micromax, Tata Autocomp Systems, IOT Infrastructure, L&T Finance and HPCL-Mittal Energy.

Performance of IPO/FPO in 2010

Rajesh Singla

Coal India, NTPC, NMDC, Power Grid and Shipping Corporation were the largest public offers in 2010, which collected more than half of total money. Jubilant Foodworks was the biggest gainer with 330.76% jump followed by Mandhana Industries, Gravita India, Talwalkars Fitness and Thangamayil, which rallied 99-124%. Aqua Logistics issue price has been changed to Rs 22 from Rs 220 a share as it got adjusted for subdivision of shares from Rs 10 to Rs 1.

Punjab and Sind Bank IPO Lists with 20 % Premium

Rajesh Singla

Shares of state-owned Punjab & Sind Bank opened at Rs 144 on National Stock Exchange, with a premium of 20% over issue price of Rs 120 a share, which was below experts' expectations. Experts were expecting 25% premium on listing.

ONGC FPO likely to be in Mid-Feb

Rajesh Singla

As a part of divestment exercise, state-run ONGC is also planning to launch its follow-on public offer (FPO) soon. RS ...

A2Z Maintenance Drifts IPO Price on Its Listing Day

Rajesh Singla

A share opened at Rs 500 on National Stock Exchange, which was its high while touched a low of Rs 352.35 in early trade. At 9:42 hours IST, it was trading at Rs 378, down 5.5% from issue price of Rs 400 a share. On the BSE, the stock was trading at Rs 379.50, with volumes of 26.33 lakh equity shares, after hitting a high of Rs 398.90 and low of Rs 352.65.

L&T Finance's IPO Probable in January,2011

Rajesh Singla

The government has Okayed L&T Finance's proposal to bring in Rs 641 crores of FDI. This will pave the way for the L&T Finance IPO.

Claris Lifescience Gets Muted Opening

Rajesh Singla

Shares of Claris Lefescience Started the first session at Rs 224.40 on Bombay Stock Exchange, down 1.6% from issue price of Rs 228. It touched a low of Rs 200.05 in early trade on heavy sell-off, but managed to show some recovery. At 10:20 hours IST, a share was trading at Rs 212.05, down 7 % from issue price, with volume of 25.15 lakh equity shares.

MOIL Prospective for Next Few Years

Rajesh Singla

Company is growing at 30-40 % from the last 3 -4 years. It is a Zero Debt Company. Making it a Strong Investment at Current Levels.

MOIL sees Superb Listing, SCI FPO Disappoints – Where to Book

Rajesh Singla

What’s Important: Where to Book MOIL? It is advisable for The people who have got the stock to keep the Position in the Stock & Not to Book it at Current Levels of 550 Rs. I see Stock Can climb to 700-800 Levels in few Trading Sessions.

A2Z Maintenance IPO opens tomorrow

Rajesh Singla

Mr Rakesh Jhunjhunwala, a high net worth investor, who owns 25 lakh shares in the company (30 per cent stake) is selling 5 lakh shares through the issue. He said that when he invested in the company in 2006, he had bought the shares below Rs 14 apiece.

Punjab & Sind Bank, L&T Finance,A2Z Maintenance IPOs in December

Rajesh Singla

If L&T Finance has the backing of a Strong Private Group which have delivered no in growth year over year....P&S Bank has the name of the Govt to back it up..Seeing the kind of Response,MOIL Got..I think it ll be a strong Contender...Not to Forget the A2Z Maintenance..This Company has the Backing of Rakesh Jhunjhunwala.....Legendary Investor....

Lavansa IPO can defer for 6 Months

Rajesh Singla

USD 436-million IPO by Hindustan Construction Co’s Lavasa unit is likely to be deferred by up to six months, said ...

Indian Bank FPO in June,2011

Rajesh Singla

Follow-on public offer (FPO) of Indian Bank will hit market by June 2011. The bank will raise Rs 1600 crore ...

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