Friday, September 30, 2016

HPL Electric & Power Ltd IPO Allotment Status

HPL Electric & Power Ltd IPO Allotment Status is now available online.

HPL Electric & Power Ltd is a electric equipment manufacturing company engaged in the business of manufacture and sell electric equipments including, metering solutions, switchgears, lighting equipment and wires and cables under the HPL brand.

The Initial Public Offer of HPL Electric & Power subscribed 8.06 times (3.31 times in retail). Public Issue of HPL Electric & Power was closed for subscription on Sep 26, 2016.

Wednesday, September 28, 2016

Upcoming BSE SME IPO - DRA Consultants Ltd

DRA Consultants Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 2,960,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 10.

DRA Consultants Ltd ia an ISO 9001:2008 certified company engaged in the business of engineering consultancy in India. DRA has expertise in urban infrastructure projects comprising water, sewerage, drainage, roads, street lighting, urban amenities, etc. and provides water management consultancy services to various industries and governments, and municipal corporations, as well as technical, commercial, legal, and financial advisory services.

The issue opens on Sep 30, 2016 and closes for subscription on Oct 04, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.

Mewar Hi-Tech BSE SME IPO to open on Sep 30th

Mewar Hi-Tech Engineering Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 1,062,000 Equity Shares of Rs 10 aggregating up to Rs 2.34 cr. The price band for the issue has been fixed at Rs 22.

Mewar Hi-Tech Engineering Ltd is an ISO 9001:2008 certified company engaged in the manufacturing of heavy machines like crushers, mixers and industrial material handling equipments. Company's products are sold under the brand name "Kingson".

The issue opens on Sep 30, 2016 and closes for subscription on Oct 06, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.

Tuesday, September 27, 2016

Aditya Consumer BSE SME IPO to open on Sep 29th

Aditya Consumer Marketing Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 4,000,000 Equity Shares of Rs 10 aggregating up to Rs 6.00 Cr. The price band for the issue has been fixed at Rs 15.

Aditya Consumer Marketing Ltd operate and manage chain of supermarkets under 9to9 brand name in Bihar, India. They also operates fine dining restaurants providing multi-cuisine foods and beverages on franchise basis under the Yo! China brand name; salon and spa services under 9to9 brand name; banquet and conference halls for corporate events and private parties such as birthday, marriage ceremony, anniversaries etc. under 9to9 brand name; and fast food take away outlets under Take-Away-Expres brand name.

The issue opens on Sep 29, 2016 and closes for subscription on Oct 05, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.

Allotment Status - ICICI Prudential Life IPO

ICICI Prudential Life Insurance Company IPO Allotment Status is now available online.

Incorporated in 2001 as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited, ICICI Prudential Life Insurance Company Ltd is a Mumbai based largest private sector life insurer in India. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.

The Initial Public Offer of ICICI Prudential Life subscribed 10.48 times (1.42 times in retail). Public Issue of ICICI Prudential Life was closed for subscription on Sep 21, 2016.

Friday, September 23, 2016

HPL Electric & Power IPO subscribed 0.29 times on day 2

HPL Electric & Power Ltd IPO subscribed 0.29 times on day 2. HPL Electric & Power IPO shares are proposed to be listed on the BSE and NSE. Issue was open on Sep 22nd and will close on Sep 26th for subscription.

Issue Subscription Detail:

Qualified Institutional Buyers (QIBs): 0.36 times
Non Institutional Investors (NII): 0.01 times
Retail Individual Investors (RIIs): 0.37 times
Total: 0.29 times

L&T Technology IPO listed at the premium of 0.59%

L&T Technology Services Ltd IPO listed today and closed at the premium of around 0.59% on BSE. The Initial Public offer (IPO) was open on Sep 12, 2016 and closed on Sep 15, 2016. IPO was oversubscribed by 2.52 times (1.74 times in retail).

L&T Technology stock closed today at Rs 865.10, around 0.59% premium of public issue's price of Rs 860. The stock was open at Rs 900 and then keep rising up to Rs 931 before closing at Rs 865.10.

Listing Day Trading Information at BSE

Issue Price: Rs. 860
Open: Rs. 900
Low: Rs. 860
High: Rs. 931
Last Trade: Rs. 865.10
Volume: 19,29,762

GNA Axles IPO shares to list on Sep 26th

GNA Axles Ltd IPO Listing Date & Information

GNA Axles IPO Listing Date

  ›  Listing Date: Monday, September 26, 2016
  ›  BSE Script Code: 540124
  ›  NSE Symbol: GNA
  ›  Listing In: 'T' Group of Securities
  ›  ISIN: INE934S01014
  ›  Issue Price: Rs. 207.00 Per Equity Share
  ›  Face Value: Rs. 10.00 Per Equity Share

Valiant Organics IPO to open on Sep 29th

Valiant Organics Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 964,800 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 220.

Valiant Organics Ltd is a chemical manufacturing company mainly engaged in the business of manufactures and markets various types of chlorophenols in India. Those chlorophenols are mainly used in agro-chemical industry, pharmaceutical industry, dyes industry as well as in manufacturing of cosmetics and veterinary drugs.

The issue opens on Sep 29, 2016 and closes for subscription on Oct 04, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.

Thursday, September 22, 2016

Diksat Transworld IPO to open on Sep 29th

Diksat Transworld Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 4,608,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 36 at lower level and Rs 40 at upper level.

Diksat Transworld Limited is engaged in the business of Media and Entertainment through the mediums of Television, Newspapers and Movies. Headquartered in Southern India they are established television broadcaster and newspaper circulation in India. The company owns and operates four satellite channels, including Win TV (Tamil), Win TV (U.P.), Cuisine TV, and Aaseervatham TV; and circulates a daily newspaper named Tamil News.

The issue opens on Sep 29, 2016 and closes for subscription on Oct 06, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.

HPL Electric & Power IPO subscribed 0.06 times

HPL Electric & Power Ltd IPO subscribed 0.06 times on day 1. HPL Electric & Power IPO shares are proposed to be listed on the BSE and NSE. Issue opened today on Sep 22nd and will close on Sep 26th for subscription.

Issue Subscription Detail:

Qualified Institutional Buyers (QIBs): 0.00 times
Non Institutional Investors (NII): 0.00 times
Retail Individual Investors (RIIs): 0.12 times
Total: 0.06 times

L&T Technology IPO to list on Sep 23rd

L&T Technology Services Ltd IPO Listing Date & Information

L&T Technology IPO Listing Date

  ›  Listing Date: Friday, September 23, 2016
  ›  BSE Script Code: 540115
  ›  NSE Symbol: LTTS
  ›  Listing In: 'B' Group of Securities
  ›  ISIN: INE010V01017
  ›  Issue Price: Rs. 860.00 Per Equity Share
  ›  Face Value: Rs. 2.00 Per Equity Share

GNA Axles Ltd IPO Allotment Status

GNA Axles Ltd IPO Allotment Status is now available online.

GNA Axles Ltd is Punjab based manufacturers of rear axle shafts, other shafts and spindles used in on-highway and off-highway vehicular segments in India. Company mainly engaged in manufactures and sells auto components for the four-wheeler industry. GNA Axles made over 2.26 million components in 2016.

The Initial Public Offer of GNA Axles subscribed 54.88 times (11.84 times in retail). Public Issue of G N A Axles was closed for subscription on Sep 16, 2016.

Wednesday, September 21, 2016

ICICI Prudential IPO finally subscribed 10.46 times

ICICI Prudential Life Insurance Company Ltd IPO finally subscribed 10.46 times. ICICI Prudential IPO shares are proposed to be listed on the BSE and NSE. Issue was open on Sep 19th and closed today on Sep 21st for subscription.

Issue Subscription Detail:

Qualified Institutional Buyers (QIBs): 11.83 times
Non Institutional Investors (NII): 28.55 times
Retail Individual Investors (RIIs): 1.37 times
Shareholders: 12.20 times
Total: 10.46 times

L&T Technology IPO Allotment Status

L&T Technology Services Ltd IPO Allotment Status is now available online.

L&T Technology Services Ltd is Mumbai India based third-party ER&D (Engineering, Research and Development) service provider. L&T Tech provide services to manufacturing, technology and process engineering companies to help them develop and build products, processes and infrastructure required to deliver products and services to their end customers.

The Initial Public Offer of L&T Technology subscribed 2.52 times (1.74 times in retail). Public Issue of L&T Technology was closed for subscription on Sep 15, 2016.

L&T Technology IPO listing date will be available soon.

Thursday, September 15, 2016

L&T Technology IPO fully subscribed

L&T Technology IPO finally subscribed 2.52 times. L&T Technology Services IPO shares are proposed to be listed on the BSE and NSE. Issue was open on Sep 12th and closed today on Sep 15th for subscription.

Issue Subscription Detail:

Qualified Institutional Buyers (QIBs): 5.01 times
Non Institutional Investors (NII): 1.03 times
Retail Individual Investors (RIIs): 1.74 times
Total: 2.52 times

G N A Axles IPO fully subscribed on day 2

G N A Axles Ltd IPO subscribed 2.03 times on day 2. G N A Axles IPO shares are proposed to be listed on the BSE and NSE. Issue was open on Sep 14th and will close on Sep 16th for subscription.

Issue Subscription Detail:

Qualified Institutional Buyers (QIBs): 0.79 times
Non Institutional Investors (NII): 2.15 times
Retail Individual Investors (RIIs): 2.85 times
Employee: 0.27 times
Total: 2.03 times

HPL Electric & Power IPO to open on Sep 22nd

HPL Electric & Power Ltd is entering in the capital markets with an initial public offering, IPO aggregating up to Rs 361 Cr. The price band for the issue has been fixed at Rs 175 at lower level and Rs 202 at upper level.

 HPL Electric & Power Ltd is a electric equipment manufacturing company engaged in the business of manufacture and sell electric equipments including, metering solutions, switchgears, lighting equipment and wires and cables under the HPL brand.

The issue opens on Sep 22, 2016 and closes for subscription on Sep 26, 2016. The equity shares of the issue are proposed to be list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Wednesday, September 14, 2016

GNA Axles IPO subscribed 0.64 times on day 1

G N A Axles Ltd IPO subscribed 0.64 times on day 1. G N A Axles IPO shares are proposed to be listed on the BSE and NSE. Issue opened today and will close on Sep 16th for subscription.

Issue Subscription Detail:

Qualified Institutional Buyers (QIBs): 0.00 times
Non Institutional Investors (NII): 1.52 times
Retail Individual Investors (RIIs): 0.67 times
Employee: 0.17 times
Total: 0.64 times

Tuesday, September 13, 2016

AVSL Industries NSE SME IPO to open on Sep 15th

AVSL Industries Ltd is entering in the capital markets (through NSE SME) with an initial public offering, IPO of 1,440,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 36.

AVSL Industries Limited is engaged in manufacturing of PVC Products which includes PVC Compound, HDPE/LDPE Compound, PVC Filler, and HDPE/LDPE Tape etc. These products are raw material for HT/ LT Power Cables, Telecom Cables and PVC Pipes and Fittings. They also Imports/Exports of Agro based commodities such as Pulses, Food Grains, Red Kidney Beans, Black Eye Beans, Green Moong Beans and White Kidney Beans. AVSL also supply best quality Cloves, Cloves Stem , Coriander, Raw Cashew-nut Shells from Madagascar.

The issue opens on Sep 15, 2016 and closes for subscription on Sep 28, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of NSE.

Radhika Jeweltech IPO to open on Sep 14th

Radhika Jeweltech Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 6,600,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 75.

Radhika Jeweltech Ltd is a jewellery retailer engaged in the business of manufacture, resale, export and import of Gold, Silver, precious and semi precious metal ornaments and studded ornaments. Based in Rajkot, company primarily sell gold jewellery and diamond studded Jewellery.

The issue opens on Sep 14, 2016 and closes for subscription on Sep 20, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.

Monday, September 12, 2016

L&T Technology IPO subscribed 0.18 times on day 1

L&T Technology Services Ltd IPO subscribed 0.18 times on day 1. L&T Technology Services IPO shares are proposed to be listed on the BSE and NSE. Issue opened today and will close on Sep 15th for subscription.

Issue Subscription Detail:

Qualified Institutional Buyers (QIBs): 0.28 times
Non Institutional Investors (NII): 0.02 times
Retail Individual Investors (RIIs): 0.19 times
Total: 0.18 times

Friday, September 9, 2016

Rs 6000 Cr ICICI Prudential Life IPO Opens on Sept 19th

ICICI Prudential Life Insurance Company Ltd is entering in the capital markets with an initial public offering, IPO of 181,341,058 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 300 at lower level and Rs 334 at upper level.

Incorporated in 2001 as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited, ICICI Prudential Life Insurance Company Ltd is a Mumbai based largest private sector life insurer in India.

ICICI Bank owns 68% of the company and selling 12.65% stake though this IPO. At the upper end of the price band, IPO will raise over Rs 6000 Cr. Britain's Prudential PLC, which owns nearly 26% of the company, is not selling any of its stake in the IPO.

The issue opens on Sep 19, 2016 and closes for subscription on Sep 21, 2016. The equity shares of the issue are proposed to be list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Thursday, September 8, 2016

Crown Lifters IPO to open on Sep 9th

Crown Lifters Ltd is entering in the capital markets (through NSE SME) with an initial public offering, IPO of 552,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 121.

Crown Lifters Ltd. (CLL) is one of the professional construction equipment hire Company. Company has a fleet of cranes, which includes crawler cranes with lattice boom, all terrain cranes with telescopic boom, rough terrain, pilling rigs, man lifts, etc.

The issue opens on Sep 09, 2016 and closes for subscription on Sep 19, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of NSE.

Husys Consulting IPO to open on Sep 9th

Husys Consulting Ltd is entering in the capital markets (through NSE SME) with an initial public offering, IPO of 608,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 69.

Husys Consulting Ltd provides human resource consulting and outsourcing services. They offers human resource management, executive and management training development, organizational restructuring, goal setting and planning, executive searching and employment verification services.

The issue opens on Sep 09, 2016 and closes for subscription on Sep 19, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of NSE.

Sunday, September 4, 2016

GNA Axles IPO to open on Sep 14th

GNA Axles Ltd is entering in the capital markets with an initial public offering, IPO of 6,300,000 Equity Shares of Rs 10 each. The price band for the issue has not been fixed yet.

G N A Axles Ltd is Punjab based manufacturers of rear axle shafts, other shafts and spindles used in on-highway and off-highway vehicular segments in India. Company mainly engaged in manufactures and sells auto components for the four-wheeler industry. GNA Axles made over 2.26 million components in 2016.

The issue opens on Sep 14, 2016 and closes for subscription on Sep 16, 2016. The equity shares of the issue are proposed to be list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Thursday, September 1, 2016

L&T Technology IPO to open on Sep 12th

 L&T Technology Services Ltd is entering in the capital markets with an initial public offering (IPO) consisting of a fresh issue aggregating up to Rs 900.00 Cr (Approx.) and an offer for sale of up to 10,400,000 equity shares. The price band for the issue has not been fixed yet.

L&T Technology Services Ltd is Mumbai India based third-party ER&D (Engineering, Research and Development) service provider. L&T Tech provide services to manufacturing, technology and process engineering companies to help them develop and build products, processes and infrastructure required to deliver products and services to their end customers.

The issue opens on Sep 12, 2016 and closes for subscription on Sep 15, 2016. The equity shares of the issue are proposed to be list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).