Friday, September 30, 2016

HPL Electric & Power Ltd IPO Allotment Status

HPL Electric & Power Ltd IPO Allotment Status is now available online.

HPL Electric & Power Ltd is a electric equipment manufacturing company engaged in the business of manufacture and sell electric equipments including, metering solutions, switchgears, lighting equipment and wires and cables under the HPL brand.

The Initial Public Offer of HPL Electric & Power subscribed 8.06 times (3.31 times in retail). Public Issue of HPL Electric & Power was closed for subscription on Sep 26, 2016.

Wednesday, September 28, 2016

Upcoming BSE SME IPO - DRA Consultants Ltd

DRA Consultants Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 2,960,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 10.

DRA Consultants Ltd ia an ISO 9001:2008 certified company engaged in the business of engineering consultancy in India. DRA has expertise in urban infrastructure projects comprising water, sewerage, drainage, roads, street lighting, urban amenities, etc. and provides water management consultancy services to various industries and governments, and municipal corporations, as well as technical, commercial, legal, and financial advisory services.

The issue opens on Sep 30, 2016 and closes for subscription on Oct 04, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.

Mewar Hi-Tech BSE SME IPO to open on Sep 30th

Mewar Hi-Tech Engineering Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 1,062,000 Equity Shares of Rs 10 aggregating up to Rs 2.34 cr. The price band for the issue has been fixed at Rs 22.

Mewar Hi-Tech Engineering Ltd is an ISO 9001:2008 certified company engaged in the manufacturing of heavy machines like crushers, mixers and industrial material handling equipments. Company's products are sold under the brand name "Kingson".

The issue opens on Sep 30, 2016 and closes for subscription on Oct 06, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.

Tuesday, September 27, 2016

Aditya Consumer BSE SME IPO to open on Sep 29th

Aditya Consumer Marketing Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 4,000,000 Equity Shares of Rs 10 aggregating up to Rs 6.00 Cr. The price band for the issue has been fixed at Rs 15.

Aditya Consumer Marketing Ltd operate and manage chain of supermarkets under 9to9 brand name in Bihar, India. They also operates fine dining restaurants providing multi-cuisine foods and beverages on franchise basis under the Yo! China brand name; salon and spa services under 9to9 brand name; banquet and conference halls for corporate events and private parties such as birthday, marriage ceremony, anniversaries etc. under 9to9 brand name; and fast food take away outlets under Take-Away-Expres brand name.

The issue opens on Sep 29, 2016 and closes for subscription on Oct 05, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.

Allotment Status - ICICI Prudential Life IPO

ICICI Prudential Life Insurance Company IPO Allotment Status is now available online.

Incorporated in 2001 as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited, ICICI Prudential Life Insurance Company Ltd is a Mumbai based largest private sector life insurer in India. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.

The Initial Public Offer of ICICI Prudential Life subscribed 10.48 times (1.42 times in retail). Public Issue of ICICI Prudential Life was closed for subscription on Sep 21, 2016.

Friday, September 23, 2016

HPL Electric & Power IPO subscribed 0.29 times on day 2

HPL Electric & Power Ltd IPO subscribed 0.29 times on day 2. HPL Electric & Power IPO shares are proposed to be listed on the BSE and NSE. Issue was open on Sep 22nd and will close on Sep 26th for subscription.

Issue Subscription Detail:

Qualified Institutional Buyers (QIBs): 0.36 times
Non Institutional Investors (NII): 0.01 times
Retail Individual Investors (RIIs): 0.37 times
Total: 0.29 times

L&T Technology IPO listed at the premium of 0.59%

L&T Technology Services Ltd IPO listed today and closed at the premium of around 0.59% on BSE. The Initial Public offer (IPO) was open on Sep 12, 2016 and closed on Sep 15, 2016. IPO was oversubscribed by 2.52 times (1.74 times in retail).

L&T Technology stock closed today at Rs 865.10, around 0.59% premium of public issue's price of Rs 860. The stock was open at Rs 900 and then keep rising up to Rs 931 before closing at Rs 865.10.

Listing Day Trading Information at BSE

Issue Price: Rs. 860
Open: Rs. 900
Low: Rs. 860
High: Rs. 931
Last Trade: Rs. 865.10
Volume: 19,29,762

GNA Axles IPO shares to list on Sep 26th

GNA Axles Ltd IPO Listing Date & Information

GNA Axles IPO Listing Date

  ›  Listing Date: Monday, September 26, 2016
  ›  BSE Script Code: 540124
  ›  NSE Symbol: GNA
  ›  Listing In: 'T' Group of Securities
  ›  ISIN: INE934S01014
  ›  Issue Price: Rs. 207.00 Per Equity Share
  ›  Face Value: Rs. 10.00 Per Equity Share

Valiant Organics IPO to open on Sep 29th

Valiant Organics Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 964,800 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 220.

Valiant Organics Ltd is a chemical manufacturing company mainly engaged in the business of manufactures and markets various types of chlorophenols in India. Those chlorophenols are mainly used in agro-chemical industry, pharmaceutical industry, dyes industry as well as in manufacturing of cosmetics and veterinary drugs.

The issue opens on Sep 29, 2016 and closes for subscription on Oct 04, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.

Thursday, September 22, 2016

Diksat Transworld IPO to open on Sep 29th

Diksat Transworld Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 4,608,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 36 at lower level and Rs 40 at upper level.

Diksat Transworld Limited is engaged in the business of Media and Entertainment through the mediums of Television, Newspapers and Movies. Headquartered in Southern India they are established television broadcaster and newspaper circulation in India. The company owns and operates four satellite channels, including Win TV (Tamil), Win TV (U.P.), Cuisine TV, and Aaseervatham TV; and circulates a daily newspaper named Tamil News.

The issue opens on Sep 29, 2016 and closes for subscription on Oct 06, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.