Thursday, March 29, 2007

Hilton Metal Forging Limited (HMFL) IPO Opening on April 18

Hi Friends,

Hilton Metal Forging Limited (HMFL) IPO

Incorporated in Sept 1997, Hilton Metal Forging Limited (HMFL) is a Mumbai based manufacturer and exporter of forged components. The Company specializes in the manufacture of forged items for the oil and gas sector, petrochemical, pharmaceutical, automobile industries. It manufactures pipe fittings, (flanges, stub ends (seamless), screwed fittings, valves and fittings and various other components as per the customer's requirement in all types of alloys for automotive, oil and gas industries.

Hilton Metal Forging Limited (HMFL) is entering the capital markets with an initial public offering, IPO of Rs. 3815 Lacs, for cash, at a premium to be decided through a fixed price public issue.
 
The price band for the issue has been fixed at Rs 70 per equity share of Rs 10. The issue opens on April 18, 2007, and closes for subscription on April 24, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange and the National Stock Exchange.

Click here for more detail about Hilton Metal Forging Limited (HMFL) IPO.

Kris!

Wednesday, March 28, 2007

...but 60% trading at discount

BS Research / Mumbai March 28, 2007
Of every 10 companies that floated initial public offerings (IPOs) and got listed during 2006-07, six are trading below their issue price. The year saw as many as 86 IPOs followed by listings, of which 52 are available at a discount.
 
Investors' wealth in these 52 stocks declined 24 per cent since their listings. These IPOs have collectively raised Rs 11,568 crore and reported an erosion in value to the tune of Rs 2,775 crore.
 
Uttam Sugar, Powersoft Global Solutions, JHS Svendgaard Laboratories and Oriental Trimex - these four new issues are available at half their offer price. While twenty-six others are being quoted at 25 to 50 per cent discount and fourteen others between 10 and 25 per cent discount. 

MIXED FORTUNES
Price in Rs

 

Offer

Close*

%chg

GAINERS

Tech Mahindra

365

1472.00

303.29

Pyramid Saimira

100

271.65

171.65

Develop Credit Bank

26

67.50

159.62

Tantia Constructions

50

121.85

143.70

Global Broadcasting

250

540.70

116.28

Info Edge

320

683.65

113.64

Atlanta

150

314.15

109.43

MindTree Consulting

425

854.40

101.04

Sun TV

875

1570.00

79.43

GMR Infra

210

367.15

74.83

LOSERS

Uttam Sugar

340

100.85

-70.34

Powersoft Global

22

10.50

-52.27

JHS Svendg Lab

58

28.85

-50.26

Oriental Trimex

48

24.00

-50.00

Broadcast Initiatives

120

63.20

-47.33

Emkay Share

120

63.80

-46.83

R Systems Int'l

250

134.95

-46.02

Ruchira Papers

23

13.25

-42.39

Bluebird

105

61.25

-41.67

Solar Explosives

190

112.50

-40.79

*As on March 26, 2007

 
While foreign institutional investors (FIIs) lost Rs 1,248 crore in thirty-six IPOs, Indian public saw Rs 799 crore value erosion in these IPOs. Mutual funds saw a wealth erosion of Rs 196 crore since listings of these stocks. Cairn India, which mobilised Rs 5,261 crore at offer price of Rs 160 per share, is currently being traded at 21 per cent discount at Rs 125.80.
 
Unity Infraprojects raised Rs 232 crore traded at Rs 443, 34 per cent lower against its issue price of Rs 675 on the Bombay Stock Exchange. Deccan Aviation Rs 97.30 (Rs 148), Lanco Infratech Rs 172.20 (Rs 240), Akruti Nirman Rs 401.35 (Rs 540) and House of Pearl Fashions Rs 352.95 (Rs 550) are discounted more than 25 per cent from their offer price.
 
However, investors' wealth in the remaining thirty-four stocks appreciated Rs 6,975 crore to Rs 24,489 crore. These thirty-four new issues combined mobilised Rs 17,515 crore through primarily market.
 
Tech Mahindra, the most successful IPO currently trades at Rs 1,472, at 303 per cent high against its issue price of Rs 365 per share on BSE.
 
Pyramid Saimira is trading at Rs 271.65 against its offer price of Rs 100, Development Credit Bank Rs 67.50 (Rs 26), Tantia Constructions Rs 121.85 (Rs 50), Global Broadcasting Rs 540.70 (Rs 250), Info Edge Rs 683.65 (Rs 320), Atlanta Rs 314.15 (Rs 150) and MindTree Consulting Rs 854 (Rs 425) are other newly listed stocks trading at more than double their issue price.

Source: http://www.business-standard.com/common/storypage.php?autono=279096

Tuesday, March 20, 2007

Ammana Bio Pharma Limited (ABPL) IPO Opening on March 28

Hi Friends,

Ammana Bio Pharma Private Ltd IPO

Ammana Bio Pharma Limited (ABPL) is in manufacturing of ethanol. ABPL manufactures ethanol through R.S., which contains 94.98% of alcohol and the balance portion as water. The Company has adopted molecular sieve technology to remove extra water molecules from R.S. The strength of ethanol produced by ABPL is 99.8%.

Ammana Bio Pharma Limited (ABPL) is entering the capital markets with an initial public offering, IPO of Rs. 2166.02 Lacs, for cash, at a premium to be decided through a 100% book-building process.
 
The price band for the issue has been fixed between Rs 12 and Rs 14 per equity share of Rs 10. The issue opens on March 28, 2007, and closes for subscription on April 04, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange and the National Stock Exchange.

Click here for more detail about Ammana Bio Pharma Limited (ABPL) IPO.

Kris!

Monday, March 19, 2007

Advanta India Limited (AIL) IPO Opening on March 26

 

Advanta India Limited (AIL) is an agronomic seed company with principal operations in India, Australia, Thailand and Argentina. Advanta India Limited (AIL) is entering the capital markets with an initial public offering, IPO of 5,057,000 equity shares of face value of Rs 10 each, for cash, at a premium to be decided through a 100% book-building process.

The price band for the issue has been fixed between Rs 600 and Rs 650 per equity share. The issue opens on March 26, 2007, and closes for subscription on March 30, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange and the National Stock Exchange.

Click here for more detail about Advanta India Limited (AIL) IPO.
Kris!

Friday, March 16, 2007

Astral Poly Technik Limited IPO Listing

Hi Friends,
Astral Poly Technik Limited IPO listing date & Info :

Listing On: Tuesday, March 20, 2007
BSE Script Code: 532830
NSE Symbol: ASTRAL
Listing in: B1 Group
ISIN: INE006I01012
Issue Price: Rs. 115 Per share (Face Value of Rs. 10/-)

Good Luck!
Kris

Abhishek Mills Limited IPO Listing

Hi Friends,
Abhishek Mills Limited IPO listing date & Info :

Listing On: Monday, March 19, 2007
BSE Script Code: 532831
NSE Symbol: AML
Listing in: B1 Group
ISIN: INE004I01017
Issue Price: Rs. 100 Per share (Face Value of Rs. 10/-)

Good Luck!
Kris

Jagjanani Textiles Limited IPO Listing

Hi Friends,
Jagjanani Textiles Limited IPO listing date & Info :

Listing On: Monday, March 19, 2007
BSE Script Code: 532825
NSE Symbol: JAGJANANI
Listing in: B1 Group
ISIN: INE702H01018
Issue Price: Rs. 25 Per share (Face Value of Rs. 10/-)

Good Luck!
Kris

Lawreshwar Polymers Limited IPO Listing

Hi Friends,
Lawreshwar Polymers Limited IPO listing date & Info :

Listing On: Monday, March 19, 2007
BSE Script Code: 532829
NSE Symbol: LEHAR
Listing in: B1 Group
ISIN: INE976H01018
Issue Price: Rs. 16 Per share (Face Value of Rs. 10/-)

Good Luck!
Kris

Thursday, March 15, 2007

AMD Metplast Limited IPO Listing

Hi Friends,
AMD Metplast Limited IPO listing date & Info :

Listing On: Monday, March 19, 2007
BSE Script Code: 532828
NSE Symbol: AMDMET
Listing in: B1 Group
ISIN: INE005I01014
Issue Price: Rs. 75/- Per share (Face Value of Rs. 10/-)

Good Luck
Kris

Wednesday, March 14, 2007

Page Industries Limited - IPO Listing

Hi Friends,
Page Industries Limited IPO listing date & Info :

Listing On: Friday, March 16, 2007
BSE Script Code: 532827
NSE Symbol: PAGEIND
Listing in: B1 Group
ISIN: INE761H01022
Issue Price: Rs. 360/- Per share (Face Value of Rs. 10/-)

Good Luck
Kris

Raj Television Network Limited - IPO Listing

Hi Friends,
Raj Television Network Limited IPO listing date & Info :

Listing On: Friday, March 16, 2007
BSE Script Code: 532826
NSE Symbol: RAJTV
Listing in: B1 Group
ISIN: INE952H01019
Issue Price: Rs. 257/- Per share (Face Value of Rs. 10/-)

Good Luck!
Kris

IPO Allotment - Abhishek Mills Limited (AML)

Hi Friends,
IPO Allotment Status is now available online for Abhishek Mills Limited (AML) IPO. Issue was closed on March 01, 2007.
Click here to check your allotment status.
Good Luck!
Kris

Tuesday, March 13, 2007

IPO Allotment - AMD Metplast Limited

Hi Friends,
IPO Allotment Status is now available online for AMD Metplast Limited IPO.
Issue was closed on February 23, 2007.
Click here to check your allotment status.
Good Luck!
Kris

IPO Allotment - Astral Polytechnik Limited

Hi Friends,
IPO Allotment Status is now available online for Astral Polytechnik Limited IPO.
Issue was closed on February 22, 2007.
Click here to check your allotment status.
Good Luck!
Kris

Monday, March 12, 2007

Zylog Systems Limited (ZSL) plans to enter the stock market

Hi Friends,
Zylog Systems Limited, a Chennai-based IT services and product company plans to enter the capital market with a public issue. The company has filed its draft red herring prospectus.

Incorporated in 1995, ZSL is certified ISO 9001:2000 Company and being assessed for CMMI Level 4.

The company is planning to enter the market with a public issue of 36,00,000 equity shares at a face value of Rs 10 each through 100 per cent book-building.

Check out ZSL's draft red herring prospectus with SEBI.

Kris

Sunday, March 11, 2007

IPO Allotment - Raj Television Network Limited

Hi Friends,
IPO Allotment Status is now available for Raj Television Network Limited IPO. Issue was closed on February 23, 2007.

Click here to check your allotment.

Good Luck!
Kris

Saturday, March 10, 2007

IPO Allotment - Jagjanani Textiles Ltd

Hi Friends, 

IPO Allotment Status is now available for Jagjanani Textiles Ltd  IPO. Issue was closed on February 24, 2007.

Click here to check your allotment.

Friday, March 9, 2007

IPO Listing - Vijayeswari Textiles Limited

Vijayeswari Textiles Limited IPO listing date & Info:

Listing On: Friday, March 09,2007
BSE Script Code: 532824
NSE Symbol: VTX
Listing in: B1 Group
ISIN: INE119G01025
Issue Price: Rs. 100/- Per share (Face Value of Rs. 10/-)

Good Luck!

Thursday, March 8, 2007

IPO Listing - Euro Ceramics Limited

Hi Friends,

Euro Ceramics Limited IPO listing date & Info:

Listing On: Friday, March 9, 2007
BSE Script Code: 532823
NSE Symbol: EUROCERA
Listing in: B1 Group
ISIN: INE649H01011
Issue Price: Rs. 165/- Per share (Face Value of Rs. 10/-)

Good Luck!

IPO Listing - Mudra Lifestyle Limited

Hi Friends,

Mudra Lifestyle Limited IPO listing date & Info:

Listing On: Friday, March 09,2007
BSE Script Code: 532820
NSE Symbol: MUDRA
Listing in: B1 Group
ISIN: INE311H01018
Issue Price: Rs. 90/- Per share (Face Value of Rs. 10/-)

Good Luck!

IPO Listing - Idea Cellular Limited

Hi Friends,

Idea Cellular Limited IPO listing date & Info:

Listing On: Friday, March 09,2007
BSE Script Code: 532822
NSE Symbol: IDEA
Listing in: A  Group Securities
ISIN: INE669E01016
Issue Price: Rs. 75/- Per share (Face Value of Rs. 10/-)

Thanks!

IPO Listing - Indus Fila Limited

Hi Friends

Indus Fila Limited IPO listing date & Info:

Listing On: Thursday, March 08, 2007
BSE Script Code: 532821
NSE Symbol: INDUSFILA
Listing in: B1 Group
ISIN: INE025I01012
Issue Price: Rs. 170/- Per share (Face Value of Rs. 10/-)

Good Luck!
Kris

Tuesday, March 6, 2007

IPO Listing - MindTree Consulting Limited

MindTree Consulting Limited IPO listing date & Info :

Listing On: Wednesday, March 07, 2007
BSE Script Code: 532819
NSE Symbol: MINDTREE
Listing in: B1 Group
ISIN: INE018I01017
Issue Price: Rs. 425/- Per share (Face Value of Rs. 10/-)
Good Luck!

Kris

IPO Listing - Evinix Accessories Limited

Hi Friends,
Evinix Accessories Limited IPO listing date & Info :

Listing On: Wednesday, March 07,2007
BSE Script Code: 532818
NSE Symbol: EVINIX
Listing in: B1 Group
ISIN: INE961H01010
Issue Price: Rs. 120/- Per share (Face Value of Rs. 10/-)

Good Luck!
Kris

IPO Listing - Oriental Trimex Limited

Hi Friends,
Oriental Trimex Limited IPO listing date & Info :

Listing On: Wednesday, March 07,2007
BSE Script Code: 532817
NSE Symbol: ORIENTAL
Listing in: B1 Group
ISIN: INE998H01012
Issue Price: Rs. 48/- Per share (Face Value of Rs. 10/-)

Good Luck!
Kris

IPO listing - Broadcast Initiatives Limited

Hi Friends,

Broadcast Initiatives Limited IPO listing date & Info :

Listing On: Wednesday, March 07, 2007
BSE Script Code: 532816
NSE Symbol: BROADCAST
Listing in: B1 Group
ISIN: INE698H01018
Issue Price: Rs. 120/- Per share (Face Value of Rs. 10/-)

Good Luck!
Kris

Monday, March 5, 2007

IPO Allotment - Mudra Lifestyle Limited

Hi Friends,
IPO Allotment Status is now available for Mudra Lifestyle Limited IPO. Issue was closed on February 14, 2007.

Click here to check your allotment.

Good Luck!
Kris

IPO Allotment - Idea Cellular Limited IPO

Hi Friends,
IPO Allotment Status is now available for Idea Cellular Limited IPO. Issue was closed on February 15, 2007.

Click here to check your allotment.

Good Luck!
Kris

Saturday, March 3, 2007

Gremach Infrastructure Equipments IPO

Gremach Infrastructure Equipments & Projects Limited is in the business of providing <b>rental of construction /earthmoving machineries to medium / large construction companies</b> who are engaged in the business of constructing/building of roads, airports, power projects, institutional & industrial complexes, multiplexes and residential buildings and other related infrastructural activities chiefly catering to Public Sector undertakings, private sector, CPWD and various national & international government aided projects.

Issue Open: March 08, 2007
Issue Close: March 14, 2007

Click here for more detail about Gremach IPO.

Friday, March 2, 2007

IPO Allotment - MindTree Consulting

Hi friends,
IPO Allotment Status is now available for MindTree Consulting Limited IPO. Issue was closed on February 14, 2007.

Click here to check your allotment.
Good Luck!
Kris

IPO Allotment - Indus Fila Limited

Hi friends,
IPO Allotment Status is now available for Indus Fila Limited IPO. Issue was closed on February 14, 2007.

Click here to check your allotment.
Good Luck!
Kris