Wednesday, August 29, 2012

Thejo Engineering Ltd IPO will open on Sep 4th

Thejo Engineering Ltd is entering in the capital markets with an initial public offering (IPO), aggregating upto Rs 19 crore through a book building process. The price band for the issue has been fixed at Rs 402/- at lower level and Rs 430/- at upper level.

Thejo Engineering Ltd is an Engineering Solutions provider for Bulk Material Handling, Mineral Processing and Corrosion Protection to the Core Sector Industries like mining, power, steel, cement, ports, fertilizers etc. Company's services include belt conveyor maintenance and operations.

The issue opens on Sep 04, 2012 and closes for subscription on Sep 06, 2012. The equity shares of the issue are proposed to be listed on the SME Platform of the NSE.

Visit Thejo Engineering Ltd IPO detail page for more detail.

Friday, August 24, 2012

Comfort Commotrade Ltd IPO to open on Sep 5th

Comfort Commotrade Limited (CCL) is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 6,000,000 Equity Shares of Rs 10/- each. The price band for the issue has been fixed at Rs 10/- per share.

Comfort Commotrade Limited (CCL) is currently engaged in the business of commodity broking. They offers trading in many commodities such as bullion (gold, silver), energy (crude oil, natural gas), metals, food grains (rice, maize), spices, oil and oil seeds and others. They are the member of MCX and NCDEX.

The issue opens on Sep 05, 2012 and closes for subscription on Sep 10, 2012. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited ("BSE").

Visit Comfort Commotrade Ltd IPO detail page for more detail.

SRG Housing Finance Ltd SME IPO closing date rescheduled to August 28, 2012

SRG Housing Finance Ltd SME IPO closing date rescheduled to August 28, 2012 to compensate for a proposed two-day nationwide strike in banks.

MUMBAI, 23rd AUGUST 2012: SRG Housing Finance Limited, a growing housing finance company with registered office at Udaipur in Rajasthan, has entered the capital markets on 22nd August 2012 with a public issue of 35,04,000 of Rs 10 each. The Issue price for this IPO to be listed on SME platform of BSE has been fixed at Rs 20 per equity share of Rs 10 each. The Issue, which was originally scheduled to close on 24th August 2012 will now close on August 28, 2012 due to a two-day nationwide strike in banks. Out of this public issue of 35,04,000 equity shares, 4,98,000 equity shares are reserved for Promoters and 4,08,000 equity shares are reserved for Market Makers, leaving a net public issue of 25,98,000 equity shares. The Issue and Net Issue will constitute 43.36 per cent and 32.15 per cent respectively of the post Issue paid equity share capital of the Company. Aryaman Financial Services Limited is the Lead Manager and Sharex Dynamic (I) Pvt. Limited is the Registrar for the Issue. This will be the 7th SME issue on BSE SME platform.

The Company is primarily engaged in the business of providing housing finance for home ownership, by offering individual home loans and loans against property. Presently, it has one head office and 3 satellite centers located in Rajasthan and the Company is targeting to open another 10 satellite centers which are to be located in tier 2 cities, tier 3 cities, District and Tehsil head quarters and at the peripheries of tier 1 cities. These are their key target markets, based on their belief that they are underserved by larger Housing Finance Companies and banks.

The outstanding loan portfolio of SRG Housing Finance Ltd has grown at a CAGR of 24.13% from Rs 318.89 lakhs as of March 31, 2008 to Rs 757.13 lakhs as of March 31, 2012. At the same time, its profit after tax (PAT) has grown at a CAGR of 30.43% over a four year period from Rs 11.13 lakhs for Fiscal 2008 to Rs 32.21 lakhs for Fiscal 2012. Well recognized brand in Rajasthan with an established track record, strong senior management team backed by experienced promoters, direct customer contact and niche marketing strategy are some of the key competitive strengths of the Company.

The Company proposes to augment its capital base and provide for its fund requirements for increasing its operational scale with respect to disbursement of housing and related loans activities, through this Issue.  SRG Housing Finance Ltd propose to augment its capital base by Rs 635 Lakhs and utilize the funds raised from the same to further increase its operational scale of such business activities and assets, which will consequently result in an increase in its net worth and enable the Company to meet its future capital adequacy requirements. It will further help the Company to develop close relationships with individual households and enhance customer relationships. The Company is in compliance with the capital adequacy norms of the NHB Directions 2010.

Visit SRG Housing Finance Ltd SME IPO Detail Page for more.

Friday, August 17, 2012

SRG Housing Finance IPO to open on Aug 22nd

SRG Housing Finance Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 3,504,000 Equity Shares of Rs 10/- each. The price band for the issue has been fixed at Rs 20/- per share.

Incorporated in 1999, SRG Housing Finance Ltd is engaged in the business of providing housing finance for home ownership by offering Individual Home Loans and Loans against Property. SRG Housing is headquartered in Udaipur. They have 1 Head office and 3 satellite centers located in Rajasthan.

The issue opens on Aug 22, 2012 and closes for subscription on Aug 24, 2012. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited ("BSE").

Visit SRG Housing Finance Ltd IPO detail page for more detail.

Thursday, August 16, 2012

Jupiter Infomedia Ltd (BSE SME) IPO listed at premium

Jupiter Infomedia Ltd IPO (BSE SME IPO) shares manage to list above its issue price. Jupiter Infomedia shares closed at Rs 22.05 against the issue price of Rs 20 in the flat market.

IPO shares Jupiter Infomedia Ltd are listed in BSE SME exchange Thursday, August 16, 2012. The listing information of the Jupiter Infomedia shares is as below:

Listing Date: Thursday, August 16, 2012
BSE Scrip Code: 534623
Listing In: 'MT' Group of Securities
Sector: Internet & Catalogue Retail
ISIN: INE524N01014
Issue Price: Rs. 20.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Visit IPO Performance Tracker to check the latest updates.

Sunday, August 12, 2012

Jointeca Education Solutions Ltd BSE SME IPO to open on Aug 16

JOINTECA IPO
Jointeca Education Solutions Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 3,568,700 Equity Shares of Rs 10/- each. The price band for the issue has been fixed at Rs 15/- per share.

Incorporated in 2001, Jointeca Education Solutions Ltd is an ISO 9001:2008 certified company and provides a range of IT solutions for business in areas of Enterprise Application Solutions and Integrated IT Solutions. Jointeca Education Solutions Ltd's products as GuruSeva in education, Restro in restaurant and Prosav in investment field are designed according to the global market. Jointeca offers educational ERP solutions through its product GuruSeva and its business is concentrated mainly in the Northern Region of India.

The issue opens on Aug 16, 2012 and closes for subscription on Aug 21, 2012. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited ("BSE").

Visit Jointeca Education Solutions Ltd IPO detail page for more detail.

Sangam Advisors Ltd (BSE SME) IPO listed at slight premium

Sangam Advisors Ltd IPO (BSE SME IPO) shares manage to list above its issue price. SAL shares closed at Rs 22.10 against the issue price of Rs 22 in the flat market.

IPO shares Sangam Advisors Ltd are listed in BSE SME exchange Thursday, August 09, 2012. The listing information of the SAL shares is as below:

Listing Date: Thursday, August 09, 2012
BSE Scrip Code: 534618
Listing In: MT Group Securities
Sector: Other Financial Services
ISIN: INE299N01013
Issue Price: Rs. 22.00 per Equity Share
Face Value: Rs. 10.00 per Equity Share

Visit IPO Performance Tracker to check the latest updates.