Sunday, July 31, 2011

Investors amazed by L&T Finance fixing its share price at Rs 52/-

L&T Finance Holdings Ltd fixed its IPO share price at Rs 52/- against its price range of Rs 51/- to 59/-. Issue of L&T Finance was open for subscription on Jul 27, 2011 and closed on Jul 29, 2011.

Considering the size of the issue and poor performance of stock markets last week, L&T Finance IPO received above average response for its share sold through IPO. Issue subscribed 5.3 times in total and 9.6 times in retail category.

Company surprised its investor by fixing the final price on its IPO share the very next day after its IPO was closed for subscription. Investors also appreciated the company for keeping the share price reasonable even after good demand of its share.

The true value of L&T Finance shares now will be discovered in second week of August 2011 when the share of the company will list at BSE and NSE.

L&T Finance IPO Share Allotment status and L&T Finance IPO listing date are expected around 8th Aug, 2011. Visit our IPO Detail page to discuss and share your thoughts on listing of L&T Finance shares.

Friday, July 29, 2011

L&T Finance IPO finally subscribed 5.34 times

L&T Finance Holdings IPO finally subscribed 5.34 times on its closing day. L&T Finance IPO was open on July 27, 2011 and closed today on July 29, 2011 for subscription. L&T Finance has received bids for 1,14,44,44,600 shares as against issue size of 21,45,08,067 shares.

Subscription Detail for Day 3 (Closing day)

Qualified Institutional Buyers (QIBs): 1.93 Times
Non Institutional Investors: 6.18 Times
Retail Individual Investors (RIIs): 9.61 Times
Employees: 1.53 Times
Shareholders: 3.35 Times

Total: 5.34 Times

Visit L&T Finance IPO page for more detailed bidding information and to discuss L&T Finance Holdings IPO. L&T Finance IPO Allotment and L&T Finance IPO Listing date will be available soon.

Thursday, July 28, 2011

L&T Finance IPO subscribed 1.22 times on day 2

L&T Finance Holdings IPO subscribed 1.22 times on its day 2. L&T Finance IPO was open on July 27, 2011 and will close tomorrow on July 29, 2011 for subscription. L&T Finance has received bids for 26,07,79,100 shares as against issue size of 21,45,08,067 shares.

Subscription Detail for Day 2

Qualified Institutional Buyers (QIBs): 0.72 Times
Non Institutional Investors: 0.50 Times
Retail Individual Investors (RIIs): 2.21 Times
Employees: 0.51 Times
Shareholders: 0.96 Times

Total: 1.22 Times

Visit L&T Finance IPO page for more detailed bidding information and to discuss L&T Finance Holdings IPO. L&T Finance IPO Allotment and L&T Finance IPO Listing date will be available soon.

Subscribe to L&T Finance IPO: MLR Securities

MLR Securities recommended investors to Subscribe the issue.  MLR Securities says LTFH has a well diversified loan book, strong resource raising abilities and good asset quality. It is at a fair valuation which has potential to command a premium on the back of management experience, corporate governance practices and the brand value of the L&T group. They recommend investors to Subscribe this issue for the long term time frame.

For detail analysis please visit following link:
http://www.chittorgarh.com/ipo/ipo_review.asp?a=33

L&T Finance IPO subscribed 0.46 times on day 1

L&T Finance Holdings IPO subscribed 0.46 times on its day 1. L&T Finance IPO opens on July 27, 2011 and will close on July 29, 2011 for subscription. L&T Finance has received bids for 9,82,09,500 shares as against issue size of 21,45,08,067 shares.

Subscription Detail for Day 1

Qualified Institutional Buyers (QIBs): 0.64 Times
Non Institutional Investors: 0.39 Times
Retail Individual Investors (RIIs): 0.46 Times
Employees: 0.03 Times
Shareholders: 0.17 Times

Total: 0.46 Times

Visit L&T Finance IPO page for more detailed bidding information and to discuss L&T Finance Holdings IPO. L&T Finance IPO Allotment and L&T Finance IPO Listing date will be available soon.

Tuesday, July 26, 2011

Bharatiya Global IPO will list on July 28th

Bharatiya Global Infomedia IPO shares will list on Thursday, July 28, 2011. Issue price of this IPO has been fixed at Rs 82/- per share. IPO was oversubscribed by 2.06 times (5.06 times in retail) on closing day.

Bharatiya Global Infomedia IPO Listing Date


Listing Date
: Thursday, July 28, 2011
BSE Scrip Code: 533499
Listing In: 'B' Group of Securities
ISIN: INE224M01013
Issue Price: Rs. 82.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Visit Bharatiya Global Infomedia IPO page for before listing discussions and Bharatiya Global Infomedia IPO grey market premium.

Friday, July 22, 2011

Inventure Growth IPO finally subscribed 4.58 times

Inventure Growth & Securities IPO finally subscribed 4.58 times on it's closing day. Inventure Growth & Securities IPO was open on July 20, 2011 and closed today on July 22, 2011 for subscription. Inventure Growth has received bids for 3,20,55,500 shares as against issue size of 70,00,000 shares.

Subscription Detail for Day 3 (Closing Day)

Qualified Institutional Buyers (QIBs): 0.25 Times
Non Institutional Investors: 9.49 Times
Retail Individual Investors (RIIs): 8.66 Times

Total: 4.58 Times

Visit Inventure Growth IPO page for more detailed bidding information and to discuss Inventure Growth & Securities IPO. Inventure Growth & Securities IPO Allotment and Inventure Growth IPO Listing date will be available soon.

Bharatiya Global Infomedia IPO Allotment Status

Bharatiya Global Infomedia IPO allotment status is now available online.

Bharatiya Global Infomedia IPO was open on Jul 11, 2011 and closed on Jul 14, 2011. IPO was oversubscribed by 2.06 times (5.06 times in retail) on closing day.

Visit http://www.chittorgarh.com to check your application status.

Bharatiya Global Infomedia IPO Listing date will be available soon.

Thursday, July 21, 2011

Inventure Growth IPO subscribed 0.94 times on day 2

Inventure Growth & Securities IPO subscribed 0.94 times on its day 2. Inventure Growth & Securities IPO was open on July 20, 2011 and will close tomorrow on July 22, 2011 for subscription. Inventure Growth has received bids for 65,76,350 shares as against issue size of 70,00,000 shares.

Subscription Detail for Day 2

Qualified Institutional Buyers (QIBs): 0.20 Times
Non Institutional Investors: 1.98 Times
Retail Individual Investors (RIIs): 1.55 Times

Total: 0.94 Times

Visit Inventure Growth IPO page for more detailed bidding information and to discuss Inventure Growth & Securities IPO. Inventure Growth & Securities IPO Allotment and Inventure Growth IPO Listing date will be available soon.

L&T Finance fixes it's IPO price band

L&T Finance fixes it's IPO price band at Rs 51/- at lower level and Rs 59/- at upper level. The issue of L&T Finance IPO opens on Jul 27, 2011 and closes for subscription on Jul 29, 2011.

Promoted by Larsen & Toubro Ltd, L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors as well as mutual fund products and investment management services. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Visit L&T Finance Holdings IPO page for L&T Finance IPO Detail, L&T Finance IPO GMP, L&T Finance IPO Premium and L&T Finance IPO Reviews.

Wednesday, July 20, 2011

Inventure Growth IPO subscribed 0.37 times on day 1

Inventure Growth & Securities IPO subscribed 0.37 times on its day 1. Inventure Growth & Securities IPO opens on July 20, 2011 and will close on July 22, 2011 for subscription. Inventure Growth has received bids for 25,82,900 shares as against issue size of 70,00,000 shares.

Subscription Detail for Day 1

Qualified Institutional Buyers (QIBs): 0.20 Times
Non Institutional Investors: 0.87 Times
Retail Individual Investors (RIIs): 0.40 Times

Total: 0.37 Times

Visit Inventure Growth IPO page for more detailed bidding information and to discuss Inventure Growth & Securities IPO. Inventure Growth & Securities IPO Allotment and Inventure Growth IPO Listing date will be available soon.

Monday, July 18, 2011

L&T Finance IPO opening on July 27th

L&T Finance is entering in the capital markets with an initial public offering, IPO of 1245 crores. The price band for the issue has not been fixed yet.

Promoted by Larsen & Toubro Ltd, L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors as well as mutual fund products and investment management services. Company's operations are arranged into four business groups – the Infrastructure Finance Group, the Retail Finance Group, the Corporate Finance Group and the Investment Management Group. LTF's customer includes individual retail customers as well as large companies, banks, multinational companies and small and medium enterprises.

The issue opens on Jul 27, 2011 and closes for subscription on Jul 29, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Visit L&T Finance Holdings IPO page for L&T Finance IPO Detail, L&T Finance IPO GMP, L&T Finance IPO Premium and L&T Finance IPO Reviews.

Thursday, July 14, 2011

Bharatiya Global Infomedia IPO finally subscribed 2.06 times

Bharatiya Global Infomedia IPO finally subscribed 2.06 times. Bharatiya Global Infomedia IPO was open on Jul 11, 2011 and closed today on Jul 14, 2011 for subscription. Bharatiya Global Infomedia has received bids for 1,38,66,150 shares as against issue size of 67,20,000 shares.

Subscription Detail on Day 4 (Closing day)

Qualified Institutional Buyers (QIBs): 0.00 Times
Non Institutional Investors: 1.94 Times
Retail Individual Investors (RIIs): 5.06 Times

Total: 2.06 Times

Visit Bharatiya Global Infomedia IPO page for more detailed bidding information and to discuss Bharatiya Global Infomedia IPO. Bharatiya Global Infomedia IPO Allotment and Bharatiya Global Infomedia IPO Listing date will be available soon.

Upcoming IPO - Inventure Growth & Securities Ltd

Inventure Growth & Securities Ltd is entering in the capital markets with an initial public offering, IPO of 70,00,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 100/- at lower level and Rs 117/- at upper level.

Inventure Growth and Securities Ltd (IGSL) is a flagship Company of Inventure Group. IGSL offers trading services in equity cash and derivatives market, debt market, commodities and currency futures segment to financing activity, wealth management, and distributions of financial product.

The issue opens on Jul 20, 2011 and closes for subscription on Jul 22, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Visit Inventure Growth & Securities IPO page for Inventure Growth & Securities IPO Detail, Inventure Growth & Securities IPO GMP, Inventure Growth and Securities IPO Premium and Inventure Growth & Securities IPO Reviews.

Wednesday, July 13, 2011

Bharatiya Global Infomedia IPO subscribed 0.47 times on day 3

Bharatiya Global Infomedia IPO remain unsubscribe on day 3 due to lack of interest shown by Qualified Institutional Buyers (QIBs). Bharatiya Global Infomedia IPO subscribed 0.47 times. Bharatiya Global Infomedia IPO was open on Jul 11, 2011 and will close tomorrow on Jul 14, 2011 for subscription. Bharatiya Global Infomedia has received bids for 31,25,250 shares as against issue size of 67,20,000 shares.

Subscription Detail for Day 3

Qualified Institutional Buyers (QIBs): 0.00 Times
Non Institutional Investors: 0.29 Times
Retail Individual Investors (RIIs): 1.20 Times

Total: 0.47 Times

Visit Bharatiya Global Infomedia IPO page for more detailed bidding information and to discuss Bharatiya Global Infomedia IPO. Bharatiya Global Infomedia IPO Allotment and Bharatiya Global Infomedia IPO Listing date will be available soon.

Tuesday, July 12, 2011

Readymade Steel India IPO will list on July 13th

Readymade Steel India IPO shares will list on Wednesday, July 13, 2011. Issue price of this IPO has been fixed at Rs 108/- per share. IPO was oversubscribed by 1.68 times (4.18 times in retail) on closing day.

Readymade Steel India IPO Listing Date

Listing Date: Wednesday, July 13, 2011
BSE Scrip Code: 533482
Listing In: 'B' Group of Securities
ISIN: INE524L01018
Issue Price: Rs. 108.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Visit Readymade Steel India IPO page for before listing discussions and Readymade Steel India IPO grey market premium.

Monday, July 11, 2011

SEBI Order in the matter of Vaswani Industries Ltd IPO

SEBI has issued a press release in the matter of initial public offer of Vaswani Industries Ltd. Following are the highlights of the press release:

  • Vaswani Industries Ltd shall give withdrawal option to all the investors who have been allotted shares in the non-institutional investors category and the retail individual investors category.
  • Investors who apply in the withdrawal option shall enclose a Delivery Instruction Slip.
  • In the event of refund/withdrawal on the exercise of the withdrawal option by an investor, the Company may deduct the expenses incurred in connection with its IPO.
  • Rikhav Securities Limited is prohibited to act as a syndicate member/sub-syndicate member for all forthcoming issues.

Visit Vaswani Industries IPO page for more detail.

Friday, July 8, 2011

Readymade Steel India IPO Allotment Status

Readymade Steel India IPO allotment status is now available online.

Readymade Steel India IPO was open on Jun 27, 2011 and closed on Jun 29, 2011. IPO was oversubscribed by 1.68 times (4.18 times in retail) on closing day.

Visit http://www.chittorgarh.com/ to check your application status.

Readymade Steel India IPO Listing date will be available soon.

Dazzling listing of Birla Pacific Medspa and Rushil Decor Ltd IPO Stocks

After quite some time primary stock market has seen terrific listing of IPO stocks. Two IPOs, Birla Pacific Medspa IPO shares closed at 153.50% premium and Rushil Decor IPO shares closed at 66.18% premium on their listing day.

Birla Pacific Medspa Ltd fixed its IPO shares price at Rs 10, on lower side of its price band. On its listing at BSE, the shares opened at Rs 10.10 and reached its day high at Rs 30.70 (at 207% premium) before closing at Rs 25.35 (at 153.50% premium).

On the other hand, the final issue price of Rushil Decor Ltd IPO was fixed at Rs 72, on the upper side of the price band. On its listing day at BSE and NSE, the shares started trading at Rs 74.50 and slowly moved to Rs 124.05 (at 72.29% premium) before closing at Rs 119.65 (66.18%).

Birla Pacific Medspa Ltd has become one of the few IPO shares managed to close above 150% premium. In last five years, 4 IPO's among 246 gave better listing gain then Birla Pacific Medspa IPO. These IPO's are Burnpur Cement Limited IPO (286.25%), Allied Computers International Ltd IPO (214.17%), Religare Enterprises Limited IPO (182.00%) and Aishwarya Telecom Limited IPO (159.57%).

For more information about listing day gain, please visit our IPO Reports.

Tuesday, July 5, 2011

Rushil Decor IPO shares will list on July 7th

Rushil Decor IPO shares will list on Thursday, July 07, 2011. Issue price of this IPO has been fixed at Rs 72/- per share. IPO was oversubscribed by 2.62 times (6.57 times in retail) on closing day.

Rushil Decor IPO Listing Date

Listing Date: Thursday, July 07, 2011
BSE Scrip Code: 533470
NSE Symbol: RUSHIL
Listing In: 'B' Group of Securities
ISIN: INE573K01017
Issue Price: Rs. 72.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Visit Rushil Decor IPO page for before listing discussions and Rushil Decor IPO grey market premium.

Birla Pacific Medspa IPO to list on July 7th

Birla Pacific Medspa IPO shares will list on Thursday, July 07, 2011. Issue price of this IPO has been fixed at Rs 10/- per share. IPO was oversubscribed by 1.18 times (1.82 times in retail) on closing day.

Birla Pacific Medspa IPO Listing Date

Listing Date: Thursday, July 07, 2011
BSE Scrip Code: 533469
Listing In: 'B' Group of Securities
ISIN: INE341L01017
Issue Price: Rs. 10.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Visit Birla Pacific Medspa IPO page for before listing discussions and Birla Pacific Medspa IPO grey market premium.

Saturday, July 2, 2011

Birla Pacific Medspa IPO Allotment Status

Birla Pacific Medspa IPO allotment status is now available online.

Birla Pacific Medspa IPO was open on Jun 20, 2011 and closed on Jun 23, 2011. IPO was oversubscribed by 1.18 times (1.82 times in retail) on closing day.

Visit http://www.chittorgarh.com/ to check your application status.

Birla Pacific Medspa IPO Listing date will be available soon.

Friday, July 1, 2011

Rushil Decor IPO Allotment Status

Rushil Decor IPO allotment status is now available online.

Rushil Decor IPO was open on Jun 20, 2011 and closed on Jun 23, 2011. IPO was oversubscribed by 2.62 times (6.57 times in retail) on closing day.

Visit http://www.chittorgarh.com/ to check your application status.

Rushil Decor IPO Listing date will be available soon.

Bharatiya Global Infomedia IPO opening on July 11th

Bharatiya Global Infomedia Ltd is entering in the capital markets with an initial public offering, IPO of 6,720,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 75/- at lower level and Rs 82/- at upper level.

Bharatiya Global Infomedia Ltd (BGIL) is a technology based company, engaged in the business of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio. BGIL focusing on the sectors such as Information Technology security and compliance automation software solutions and technology related to media & entertainment industry with focus on research & development.

The issue opens on Jul 11, 2011 and closes for subscription on Jul 14, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Visit Bharatiya Global Infomedia IPO page for Bharatiya Global Infomedia IPO Detail, Bharatiya Global Infomedia IPO GMP, Bharatiya Global Infomedia IPO Premium and Bharatiya Global Infomedia IPO Reviews.