Wednesday, February 25, 2015

Adlabs Entertainment IPO to open on Mar 10th

Adlabs Entertainment Ltd is entering in the capital markets with an initial public offering, IPO of 20,326,227 Equity Shares of Rs 10 each. The price band for the issue has not been fixed yet.

Incorporated in 2013, Adlabs Entertainment Limited is mainly engaged in the business of theme park and entertainment industry. AEL own and operates Adlabs Imagica which is India's first and only international standard theme park. It offers entertainment, dining, shopping and accommodation under one roof. The Rs 1,650-crore theme park spread over 300 acres opened in April 2013. It can accommodate as many as 20,000 visitors.

The issue opens on Mar 10, 2015 and closes for subscription on Mar 12, 2015. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Tuesday, February 24, 2015

Ortel Communications IPO to open on Mar 3rd

Ortel Communications Ltd is entering in the capital markets with an initial public offering, IPO of 12,000,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 181/- at lower level and Rs 200/- at upper level.

Ortel Communications Ltd is a regional cable television and high speed broadband services provider, mainly engaged in the distribution of analog and digital cable television services, high speed broadband services & Voice over Internet Protocol ("VoIP") services. Company has well presence in the Indian states of Odisha, Chhattisgarh, Andhra Pradesh and West Bengal. They have built a two-way communication network for 'Triple Play' services (video, data and voice capabilities). Ortel provides its services under the brand names "Ortel Home Cable", "Ortel Digital" and "Ortel Broadband".

The issue opens on Mar 03, 2015 and closes for subscription on Mar 05, 2015. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Thursday, February 19, 2015

Akme Star Housing Finance IPO to open on Feb 25th

Akme Star Housing Finance Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 16,00,000 Equity Shares of Rs 10/- each aggregating Rs. 4.80 Crore. The price for the issue has been fixed at Rs 30 per share.

Akme Star Housing Finance Ltd is registered with National Housing Bank (NHB) and mainly engaged in the business of housing finance. Company provides home loans finance to weaker sections of the society, group housing societies and NGOs engaged in the welfare of the weaker section which includes housing loans, construction loans, and loan against home properties.

The issue opens on Feb 25, 2015 and closes for subscription on Mar 05, 2015. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.