Friday, July 27, 2012

SME IPOs for BSE and NSE Listings - Who are benefitted??

- By Dilip Davda

As we know, SEBI has allowed BSE and NSE to open separate windows for trading on SME platform. While BSE has branded it as BSE-SME and NSE has branded it as EMERGE. So far we have seen few SME IPOs that were for BSE SME listings only. But a maiden IPO from Thejo Engineering is round the corner for NSE EMERGE listing.

On listing performance, three IPOs listed so far on BSE SME have fared on an average note due to market making efforts. Max Alert is the only exceptional case where with a petty 18000 shares volume we have seen debut day gain of over 145%. But for the rest the debut day gain remained within normal trends of around 5%.

Click here to read full article.

Thursday, July 19, 2012

Jupiter Infomedia IPO will open on 30th July, 2012

Jupiter Infomedia Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 20,40,000 Equity Shares of Rs 10/- each. The price band for the issue has been fixed at Rs 20/- per share.

Incorporated in 2005, Jupiter Infomedia Limited is web Infomedia company publishing businesses, Encyclopedia and Yellowpages. Company has 3 portals including JimTrade.com, IndiaNetzone.com and JimYellowPages.com.

The issue opens on Jul 30, 2012 and closes for subscription on Aug 01, 2012. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited ("BSE").

Visit Jupiter Infomedia Ltd IPO webpage for more detail.

Tuesday, July 17, 2012

Sangam Advisors Ltd IPO will open on July 24, 2012

Sangam Advisors Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 2,304,000 Equity Shares of Rs 10/- each. The price band for the issue has been fixed at Rs 22/- per share.

Sangam Advisors Ltd is incorporated in 1999 and engaged in the business of providing diversified financial services with primary focus in assisting small and medium enterprises (SMEs) in corporate and non corporate sector in their financial planning and arranging funds for them. They are also engaged in the business of investing in shares and other securities.

The issue opens on July 24, 2012 and closes for subscription on July 26, 2012. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited ("BSE").

Visit Sangam Advisors Ltd IPO webpage for more detail.

Monday, July 16, 2012

VKS Projects IPO shares will list on July 18th

VKS Projects IPO shares will list on Wednesday, July 18, 2012. Issue price of this IPO has been fixed at Rs 55/- per share. IPO was subscribed 1.03 times (1.13 times in retail) on closing day.

VKS Projects IPO Listing Date

Listing Date: Wednesday, July 18, 2012
BSE Scrip Code: 534567
NSE Symbol: VKSPL
Listing In: 'T' Group of Securities
ISIN: INE213M01016
Issue Price: Rs. 55.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Visit VKS Projects IPO page for listing day trading information and after listing discussions.

VKS Projects Ltd IPO Allotment Status

VKS Projects Ltd IPO allotment status is now available online.

VKS Projects IPO was open on June 29, 2012 and closed on July 04, 2012. IPO was oversubscribed by 1.03 times (1.13 times in retail) on closing day.

Visit www.chittorgarh.com to check your application status.

Saturday, July 14, 2012

Composite Investment launches flat fee stock trading at Rs 25 per trade

Composite Investment, a Bangalore based 15 years old stock broker launches flat fee stock trading at Rs 25 per trade in India though Compositedge.com. Flat fee share trading is a much simplified and cheaper option available to traders. In most cases traders save around 90% on their brokerage cost and thus considered as cheapest option available.

Compositedge is a member of BSE and NSE and provides 3 trading platforms including installable application, online trading through website and mobile trading platform, all for free of charges.

Composite Investment provides trading and demat account to its customer.  There are no hidden fees or charges in terms of brokerage. Customer has to pay additional service charges and taxes are per industry standard.

Compositedge is one of the few discount brokers in India who are growing fast. Compositedge is 2nd truly flat fee share broker. Zerodha, another Bangalore based company launched fixed price brokerage services couple of years back. 

The flat fee share broker will transform the brokerage industry in India in next few years as they provide excellent services at a very cheap price.

For more information about Compositedge, please visit the Compositedge Review webpage.

Friday, July 6, 2012

VKS Projects IPO fully subscribed on its closing day


VKS Projects Ltd IPO is fully subscribed on its closing day. VKS Projects IPO was open on June 29, 2012 and closed today on July 04, 2012 for subscription. VKS Projects has received bids for 1,02,99,800 shares as against issue size of 1,00,00,000 shares.

Subscription detail for day 4 (Closing Day)

Qualified Institutional Buyers (QIBs): 1.15 Times
Non Institutional Investors: 0.38 Times
Retail Individual Investors (RIIs): 1.13 Times

Total: 1.03 Times


Full allotment is expected for all the applicants in retail category as issue subscribed 1.13 times in RII category. Visit http://www.chittorgarh.com for VKS Projects Ltd’s Allotment Status, Listing Date and Grey Market Premiums.