Friday, July 31, 2015

Power Mech Projects IPO to open on Aug 7th

Power Mech Projects Ltd is entering in the capital markets with an initial public offering, IPO of 4,269,000 Equity Shares of Rs. 10 each. The price band for the issue has been fixed at Rs 615/- at lower level and Rs 640/- at upper level. The minimum bid lot is 20 equity shares and in multiples of 20 equity shares thereafter.

Power Mech Projects Ltd is one of the leading integrated power infrastructure services companies in India providing comprehensive erection, testing and commissioning of boilers, turbines and generators ("ETC-BTG") and balance of plant ("BOP") works, civil works and operation and maintenance (O&M) services.

The issue opens on Aug 07, 2015 and closes for subscription on Aug 11, 2015. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Tuesday, July 28, 2015

Syngene International IPO fully subscribed on day 2

Syngene International IPO fully subscribed on day 2. Syngene has received bids for 1,60,79,700 shares as against issue size of 1,60,00,000 shares. Syngene International IPO shares are proposed to be listed on the BSE and NSE. Issue will close tomorrow for subscription. Issue will close tomorrow for subscription. The IPO bidding detail from day 2 is as below:

Number of Times Issue is Subscribed (BSE + NSE)

Qualified Institutional Buyers (QIBs): 1.22 times
Non Institutional Investors:  0.16 times
Retail Individual Investors(RIIs): 1.41 times
Shareholders: 0.43 times

Total: 1.00 times

Sunday, July 26, 2015

Power Finance Corp OFS (Offer for Sale) on 27 July 2015

Power Finance Corp OFS opens on 27 July 2015 with 5% discount on cut-off price for retail investors.



• Floor Price: Rs. 254
• Discount For Retail Investors: 5% to Cut-off Price
• OFS Bidding Time: 27 July 2015 9.15 AM to 3.30 PM
• Issue Size: 6,60,02,035 Equity Shares of Rs 10
• Retail: 1,32,00,407
• Non Retail: 5,28,01,628
• Listing On: NSE and BSE



For more detail and reviews, please visit Power Finance Corp Offer for Sale (OFS) page.

Friday, July 17, 2015

Amrapali Fincap IPO to open on July 20th

Amrapali Fincap Ltd (AFL) is entering in the capital markets (through BSE SME) with an initial public offering, IPO of  3,540,000 Equity Shares of Rs 10/- each aggregating Rs. 42.48 Crore. The price for the issue has been fixed at Rs 120 per share.

AFL is engaged in the business of providing loan and advances and in to the business of trading in commodity and Shares. Mainly they are trading in shares of listed entities, silver, gold and agriculture products.

The issue opens on Jul 20, 2015 and closes for subscription on Jul 22, 2015. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.

Thursday, July 16, 2015

Syngene International IPO to open on Jul 27th

Syngene International Ltd is entering in the capital markets with an initial public offering, IPO of 22,000,000 Equity Shares of Rs. 10 each. The price band for the issue has been fixed at Rs 240/- at lower level and Rs 250/- at upper level. The minimum bid lot is 60 equity shares and in multiples of 60 equity shares thereafter.

Syngene International, a subsidiary of Biocon Ltd is India-based contract research organisations ("CRO"), offering a suite of integrated, end-to-end discovery and development services for novel molecular entities ("NMEs") across industrial sectors including pharmaceutical, biotechnology, agrochemicals, consumer health, animal health, cosmetic and nutrition companies.

The issue opens on Jul 27, 2015 and closes for subscription on Jul 29, 2015. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Wednesday, July 8, 2015

Manpasand Beverages IPO shares to list on Jul 9th

Manpasand Beverages Ltd IPO shares will list on Thursday, July 9, 2015. The issue was open on Jun 24, 2015 and closed for subscription on Jun 26, 2015. The equity shares of the issue are proposed to be listed on the BSE and NSE.


Manpasand Beverages IPO Listing Date

Listing Date: Thursday, July 9, 2015
BSE Scrip Code: 539207
NSE Symbol: MANPASAND
Listing In: 'B' Group of Securities
ISIN: INE122R01018
Issue Price: Rs. 320.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Thursday, July 2, 2015

Loyal Equipments IPO to open on Jul 3rd

Loyal Equipments Ltd (LEL) is entering in the capital markets (through BSE SME) with an initial public offering, IPO of  1,800,000 Equity Shares of Rs 10/- each aggregating Rs. 3.24 Crore. The price for the issue has been fixed at Rs 18 per share.

LEL is an ISO 9001:2008 certified company engaged in manufacturing and supplying of Coded Pressure Vessels & Heat Exchangers (Ferrous & Non Ferrous), Air Cooled Heat Exchangers, Skids for Dynamic and Static Machineries, Base-Plates, Sterilizers, Chimneys and Columns, Tanks & Receivers, Site Fabrication & Erection Activities.

The issue opens on Jul 03, 2015 and closes for subscription on Jul 07, 2015. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.Jul 3rd