Satluj Jal Vidyut Nigam (SJVN) IPO has been bid 86% on an overall basis till Day 2 of its opening. The IPO has received mild subscription in the Retail Category till now, which is bid just about 15.29% or 0.1529 times. Following is the category-wise subscription figures of SJVN IPO till Day 2:

Satluj Jal Vidyut Nigam (SJVN) IPO Bidding Status as on Friday, April 30, 2010 1700 hrs IST:
QIB: 1.40 times
Non-Institutional Investors: 0.20 times
Retail: 0.15 times
Employees: 0.06 times
Overall: 0.86 times

Jaypee Infratech IPO, which opened for subscription yesterday, i.e. from Wednesday, April 28, 2010, has been subscribed 0.87 times on an overall basis till the second day. The IPO is fully subscribed in QIB Category, where the subscription stands at 1.53 times. Following is the category-wise Bidding Status on Day 2:

Jaypee Infratech IPO Bidding Status as on Friday, April 30, 2010 1700 hrs IST:
QIB: 1.53 times
Non-Institutional Investors: 0.31 times
Retail: 0.05 times
Shareholders: 0.03 times
Overall: 0.87 times

QIB: 0.00 times
Non-Institutional Investors: 0.03 times
Retail: 0.07 times
Overall: 0.03 times

Satluj Jal Vidyut Nigam (SJVN) IPO has been bid 0.56 times on an overall basis till 1600 hrs IST on Friday, April 30, 2010 as per data available on the NSE website

Satluj Jal Vidyut Nigam Ltd. (formerly NJPC Ltd.) was incorporated on May 24, 1988 as a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh (GOHP) to plan, investigate, organize, execute, operate and maintain Hydro-electric powe

Check back Indian IPO Blog frequently for latest subscription status updates on SJVN IPO!

Mandhana Industries Limited IPO which closed for subscription yesterday, i.e. on Thursday, April 29, 2010, was oversubscribed 6.32 times on an overall basis and 2.81 times in Retail Category. Click here for Mandhana Industries Limited IPO Subscription Status (Final)

Mandhana Industries Ltd., is engaged in the business of Textiles and Readymade Garments. Textiles products like Garments,trousers,fabrics

QIB: 7.97 times
Non-Institutional Investors: 10.52 times
Retail: 2.81 times
Overall: 6.32 times

QIB: 1.53 times
Non-Institutional Investors: 0.10 times
Retail: 0.02 times
Shareholders: 0.00 times
Overall: 0.84 times

QIB: 0.01 times
Non-Institutional Investors: 0.02 times
Retail: 0.02 times
Overall: 0.01 times

QIB: 0.70 times
Non-Institutional Investors: 0.00 times
Retail: 0.04 times
Employees: 0.01 times
Overall: 0.43 times

The IPOs of Jaypee Infratech Limited, an Infrastructure development company and Satluj Jal Vidyut Nigam Ltd. open for subscription from today, i.e. Thursday, April 29, 2010

Jaypee Infratech Limited (JIL) was incorporated as a Special Purpose Vehicle for implementation of 165 km long 6-lane Access-Controlled Yamuna Expressway in the state of Uttar Pradesh connecting Noida and Agra. Jaypee Infratech IPO would remain open till Tuesday, May 04, 2010. (Click here for Jaypee Infratech Limited IPO Details)

Satluj Jal Vidyut Nigam (SJVN) Ltd. (formerly NJPC) was incorporated on May 24, 1988 as a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh (GOHP) to plan, investigate, organize, execute, operate and maintain Hydro-electric power projects. Satluj Jal Vidyut Nigam Ltd. IPO, would remain open for subscription till Monday, May 03, 2010. (Click here for Satluj Jal Vidyut Nigam IPO Details)

In case of both the IPOs, Retail Investors would be offered a Discount of 5% on the Issue Price. Stay tuned to Indian IPO Blog for latest updates on Jaypee Infra IPO and SJVN IPO!

Tara Health Foods IPO has received negligible response on its opening day with the IPO getting bids only in the Retail Category, where bids are received for 16470 Equity Shares as against 3500000 Equity Shares reserved for the category, thus making it bid 0.0047 times. The IPO has not received any bids from either QIB or HNI Category on the first day

Tara Health Foods Limited (THFL) is engaged in the business of manufacturing of oil and cattle/poultry feed. Company is now also in the nutritive healthy edible oil segment producing and selling Rice Bran Oil, blend of Rice Bran Oil and Refined Olive Oil

Stay tuned to Indian IPO Blog for more on Tara Health Foods IPO!

Mandhana Industries IPO has been subscribed 1.61 times on an overall basis till the second day of its opening. Following is the Mandhana Industries IPO Bidding Status till Day 2

Mandhana Industries IPO Bidding Status as on Wednesday, April 28, 2010 1700 hrs IST:
QIB: 2.14 times
Non-Institutional Investors: 3.62 times
Retail: 0.20 times
Overall: 1.61 times

Tarapur Transformers IPO, which closed for subscription today, i.e. on Wednesday, April 28, 2010, has been finally subscribed 1.74 times on an overall basis. However, there has been a feeble subscription from the QIB Category, which is subscribed only 0.03 times

Retail Category has received bids for 8146620 Equity Shares as against 2975000 Equity Shares reserved for the Category, thus making the category oversubscribed by 2.74 times

Click here to check out Tarapur Transformers IPO Subscription Status (Final)

QIB: 0.03 times
Non-Institutional Investors: 5.08 times
Retail: 2.74 times
Overall: 1.74 times

Issue Opens on: Thursday, April 29, 2010
Issue Closes on: Tuesday, May 04, 2010
Price Band: Rs.102/- to Rs.117/- per equity share
Bid Lot: 50 Equity Shares and in multiples thereof
Lead Managers: Axis Bank Ltd., DSP Merrill Lynch Ltd., Enam Securities Pvt. Ltd., ICICI Securities Ltd., Morgan Stanley India Company Pvt. Ltd.
Registrar: Karvy Computershare Pvt. Ltd.

Issue Size: 10,000,000 Equity Shares of Rs.10/- each
Issue Opens on: Wednesday, April 28, 2010
Issue Closes on: Monday, May 05, 2010 *
Bid Lot: 30 Equity Shares and in multiples thereof
Lead Manager: Atherstone Capital Markets Ltd.
Registrar: Bigshare Services Pvt. Ltd.

* Revised

Satluj Jal Vidyut Nigam IPO has been assigned an IPO Grade 4/5 by the credit rating agency CARE. CARE assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. An IPO Grade 4 from CARE implies that as per CARE, the fundamentals of the company are 'Above Average'. Satluj Jal Vidyut Nigam IPO Grading Document may be downloaded from here

Satluj Jal Vidyut Nigam IPO will open for subscription from Thursday, April 29, 2010. The IPO, which would consist of Equity Shares, having a Face Value of Rs.10/- each would remain open for subscription till Monday, May 03, 2010. The offer comprises a net offer to the public of 411,650,000 equity shares and a reservation of 3,350,000 equity shares for purchase by eligible employees at the offer price

Check back Indian IPO Blog regularly for day to day subscription status and other updates on Satluj Jal Vidyut Nigam (SJVN) IPO!

Issue Size: 415,000,000 Equity Shares of Rs.10/- each
Issue Opens on: Thursday, April 29, 2010
Issue Closes on: Monday, May 03, 2010
Price Band: Rs.23/- to Rs.26/- per equity share
Bid Lot: 250 Equity Shares and in multiples thereof
Listing on: BSE
Lead Managers: IDBI Capital Market Services Ltd., IDFC-SSKI Pvt. Ltd., JM Financial Consultants Pvt. Ltd., SBI Capital Markets Ltd.
Registrar: Link Intime India Pvt. Ltd.

QIB: 2.54 times
Non-Institutional Investors: 0.22 times
Retail: 0.16 times
Overall: 1.16 times

QIB: 0.26 times
Non-Institutional Investors: 3.30 times
Retail: 0.06 times
Overall: 0.71 times

QIB: 0.00 times
Non-Institutional Investors: 5.61 times
Retail: 0.88 times
Overall: 1.15 times

Satluj Jal Vidyut Nigam Ltd. (SJVN) IPO opens for subscription from Thursday, April 29, 2010. The price band for the IPO of Satluj Jal Vidyut Nigam Ltd. (SJVN) is fixed at Rs.23/- to Rs.26/- per equity share. Retail Investors will get a 5% discount on the Issue Price

Satluj Jal Vidyut Nigam Ltd. IPO comprises a net offer to the public of 411,650,000 equity shares and a reservation of 3,350,000 equity shares for purchase by eligible employees at the offer price. The Book Running Lead Managers to the Issue are JM Financial Consultants Pvt. Ltd., IDFC Capital Ltd., IDBI Capital Market Services Ltd. and SBI Capital Markets Ltd., while the Registrar is Link Intime India Pvt. Ltd.

The price band for the upcoming IPO of Satluj Jal Vidyut Nigam Ltd. (SJVN) is fixed at Rs.23/- to Rs.26/- per equity share

Satluj Jal Vidyut Nigam Ltd. (formerly NJPC Ltd.) was incorporated on May 24, 1988 as a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh (GOHP) to plan, investigate, organize, execute, operate and maintain Hydro-electric power projects. Satluj Jal Vidyut Nigam Ltd. IPO, would remain open for subscription between Thursday, April 29, 2010 and Monday, May 03, 2010

The offer comprises a net offer to the public of 411,650,000 equity shares and a reservation of 3,350,000 equity shares for purchase by eligible employees at the offer price. The offer shall constitute 10.03% of the paid-up equity capital of company

Stay tuned to Indian IPO Blog for Bid Lot and more on SJVN IPO!

Tarapur Transformers IPO, which opened for subscription today has been bid 90% on its opening day, with chief bidding being received in the HNI Category which is overbid 4.17 times and no bid having been received in the QIB Category. Following is the bidding status as on the first day:

Tarapur Transformers IPO Bidding Status on Day 1, i.e. Monday, April 26, 2010 1700 hrs IST:
QIB: 0.00 times
Non-Institutional Investors: 4.17 times
Retail: 0.80 times
Overall: 0.90 times

The price band for the upcoming IPO of Jaypee Infratech Limited (JIL) is fixed at Rs.102/- to Rs.117/- per equity share. Retail Investors will get a discount of 5% on the Issue Price. Jaypee Infratech IPO would remain open between Thursday, April 29, 2010 and Tuesday, May 04, 2010

A part of the Jaypee Group, Jaypee Infratech Limited, was incorporated as a special purpose company to develop, operate and maintain the Yamuna Expressway in the state of Uttar Pradesh, connecting Noida and Agra

Stay tuned for the latest updates on Jaypee Infratech IPO!

QIB: 0.42 times
Non-Institutional Investors: 0.01 times
Retail: 0.05 times
Overall: 0.19 times

Credit Rating Agency CRISIL has assigned an IPO Grade 1 to Tarapur Transformers IPO. This implies that as per CRISIL, the company has 'Poor Fundamentals'. CRISIL assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 1, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals

Tarapur Transformers Ltd., an ISO 9001:2000 certified company, was established in 1988 and is currently engaged in the business of manufacturing, rehabilitation, up-gradation, and refurbishment of transformers ranging from power & distribution transformer, Rectifier Transformer, Furnace Duty Transformer, Electric Locomotive Transformer, Electric Traction substation Transformer, Dry type transformer, Potential Transformer, Special purpose transformers



Comfort Securities Pvt. Ltd. is the Book Running Lead Manager and Bigshare Services Pvt. Ltd. is the Registrar to the Issue

The IPO of Tara Health Foods Limited opens for subscription from Wednesday, April 28, 2010. The IPO, which would consist of 10,000,000 Equity Shares having a Face Value of Rs.10/- each would remain open for subscription till Friday, April 30, 2010

Tara Health Foods Limited (THFL) is engaged in the business of manufacturing of oil and cattle/poultry feed. Company is now also in the nutritive healthy edible oil segment producing and selling Rice Bran Oil, blend of Rice Bran Oil and Refined Olive Oil

The price band, bid lot and other details of the IPO would be updated here soon. Check back Indian IPO Blog regularly for the latest updates on Tara Health Foods Limited IPO

CARE has assigned a 'IPO Grade 3/5' to the proposed IPO of Jaypee Infratech Ltd. (JIL). CARE's IPO grading is an opinion on the relative assessment of the fundamentals of the issuer. CARE assigns IPO grades on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. An IPO Grade 3 from CARE indicates that the Company has Average Fundamentals

Jaypee Infratech Ltd., is a fully-owned subsidiary of Jaiprakash Associates. The company has undertaken the development of the 165 kilometre-long Yamuna Expressway, connecting Greater Noida and Agra and development of five integrated townships

The Book Running Lead Managers to the Issue are Morgan Stanley India Company Pvt. Ltd., DSP Merrill Lynch Ltd., Axis Bank Limited, Enam Securities Pvt. Ltd., ICICI Securities Ltd., IDFC – SSKI Ltd., JM Financial Consultants Pvt. Ltd., Kotak Mahindra Capital Company Ltd. and SBI Capital Markets Ltd., whereas Karvy Computershare Pvt. Ltd. is the Registrar to the Issue

Talwalkars Better Value Fitness Limited, which closed for subscription today, has received an amazing response with the IPO getting overbid by 28.39 times on an overall basis. The IPO has received a wonderful response from all three categories with HNI Category getting oversubscribed more than 50 times. The IPO has also managed to garner a keen response from Retail Investors with the Retail Category getting overbid more than 8 times. (Click here to check out Talwalkars Better Value Fitness IPO Final Subscription Status)

Talwalkars Better Value Fitness IPO has been garnering an amazing response on the closing day with the IPO getting overbid 28.39 times till 1730 hrs IST on the closing day as per data available on the NSE website. The IPO was subscribed only 90% or 0.90 times on an overall basis till Day 2 of its opening with the retail portion getting bid 0.40 times till Day 2. (Click here for subscription status on Day 2)

Talwalkars Better Value Fitness Limited owns one of the largest fitness chain in India offering a diverse suite of services including gyms, spas, aerobics and health counseling. Talwalkars Better Value Fitness Limited has been assigned an IPO Grade 3 by Credit Rating Agency CARE (Click here for more on Talwalkars Better Value Fitness Limited IPO Rating)

QIB: 35.43 times
Non-Institutional Investors: 51.48 times
Retail: 8.43 times
Overall: 28.39 times

Nitesh Estates IPO, which opened for subscription from today, has received 16% subscription on its opening day. The IPO has been bid about 1.09% in Retail Category. Following is the category-wise subscription figures on Day 1

Nitesh Estates IPO Bidding Status on Friday, April 23, 2010 1700 hrs IST:
QIB: 0.38 times
Non-Institutional Investors: 0.01 times
Retail: 0.01 times
Overall: 0.16 times

Talwalkars Better Value Fitness IPO has been garnering an amazing response on the closing day with the IPO getting overbid 28.39 times till 1730 hrs IST on the closing day as per data available on the NSE website. Retail Investors have also shown keen interest to the IPO with the Retail Category getting oversubscription of more than 7 times till 1730 hrs IST as per data available on the NSE website

The IPO was subscribed only 90% or 0.90 times on an overall basis till Day 2 of its opening with the retail portion getting bid 0.40 times till Day 2

Talwalkars Better Value Fitness Limited owns one of the largest fitness chain in India offering a diverse suite of services including gyms, spas, aerobics and health counseling

Check back Indian IPO Blog regularly for the final subscription status and statistics on Talwalkars Better Value Fitness IPO!

Talwalkars IPO has been receiving an extraordinary response on its closing day with the IPO getting oversubscribed 27.40 times till 1600 hrs IST, as per data available on the NSE Website

The IPO was subscribed only 90% or 0.90 times on an overall basis till Day 2 of its opening with the retail portion getting bid 0.40 times till Day 2

Talwalkars Better Value Fitness Limited owns one of the largest fitness chain in India offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand 'Talwalkars'. Talwalkars Better Value Fitness Limited has been assigned an IPO Grade 3 by Credit Rating Agency CARE

Stay tuned to Indian IPO Blog for final subscription status updates on Talwalkars Better Value Fitness Limited IPO!

Jaypee Infratech Limited, an Infrastructure development company, is coming up with an IPO, which opens for subscription from Thursday, April 29, 2010.

The Equity Shares will be offered in a price band of Rs.102/- to Rs.117/- per equity share with a special discount of 5% on the Issue Price for the Retail Category of Investors

Jaypee Infratech IPO would remain open till Tuesday, May 04, 2010. Stay tuned for the latest updates on Jaypee Infratech IPO!

Issue Opens on: Friday, April 23, 2010
Issue Closes on: Tuesday, April 27, 2010
Price Band: Rs.54/- to Rs.56/- per equity share
Bid Lot: 100 Equity Shares and in multiples thereof
Lead Managers: Enam Securities Pvt. Ltd., ICICI Securities Ltd., Kotak Mahindra Capital Co. Ltd.
Registrar: Karvy Computershare Pvt. Ltd.

QIB: 1.52 times
Non-Institutional Investors: 0.01 times
Retail: 0.40 times
Overall: 0.90 times

The price band for the upcoming IPO of Nitesh Estates Ltd. has been fixed at Rs.54/- to Rs.56/- per equity share. Nitesh Estates IPO would open for subscription from Friday, April 23, 2010. The IPO would remain open for subscription till Tuesday, April 27, 2010.

Nitesh Estates Limited operates as a real estate property development company in southern India. It develops homes, hotels, office buildings, and retail spaces. Stay tuned for more on Nitesh Estates IPO!

The IPO of Talwalkars Better Value Fitness Ltd. has received a scarce response on the opening day with the IPO getting subscribed 0.03 times on an overall basis. The Retail Category was subscribed 0.08 times till Day 1

Talwalkars Better Value Fitness Limited owns one of the largest fitness chain in India offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand 'Talwalkars'. Talwalkars Better Value Fitness Limited has been assigned an IPO Grade 3 by Credit Rating Agency CARE

Stay tuned for more on  Talwalkars Better Value Fitness Ltd. IPO!

Issue Size: 8,300,000 Equity Shares of Rs.10/- each
Issue Opens on: Tuesday, April 27, 2010
Issue Closes on: Thursday, April 29, 2010
Price Band: Rs.120/- to Rs.130/- per equity share
Bid Lot: 50 Equity Shares and in multiples thereof
Lead Manager: Axis Bank Ltd., Edelweiss Capital Ltd.
Registrar: Link Intime India Pvt. Ltd.

The objects of the issue are to achieve the benefits of listing on the Stock Exchanges and to carry out the transfer of 410,881,400 Equity Shares by the Selling Shareholder. Listing of the Equity Shares will create liquidity in the Equity Shares through the creation of a public market for the Equity Shares in India

Satluj Jal Vidyut Nigam IPO will open for subscription from Thursday, April 29, 2010. The IPO would remain open for subscription till Monday, May 03, 2010


Update:  Satluj Jal Vidyut Nigam IPO Price Band Fixed

Satluj Jal Vidyut Nigam IPO will open for subscription from Thursday, April 29, 2010. The IPO, which would consist of Equity Shares, having a Face Value of Rs.10/- each would remain open for subscription till Monday, May 03, 2010. The offer comprises a net offer to the public of 411,650,000 equity shares and a reservation of 3,350,000 equity shares for purchase by eligible employees at the offer price

Satluj Jal Vidyut Nigam Ltd. (formerly Nathpa Jhakri Power Corporation Limited - NJPC) was incorporated on May 24, 1988 as a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh (GOHP) to plan, investigate, organize, execute, operate and maintain Hydro-electric power projects

The Book Running Lead Managers to the issue are JM Financial Consultants Pvt. Ltd., IDFC Capital Ltd., IDBI Capital Market Services Ltd. and SBI Capital Markets Ltd., while Link Intime India Pvt Ltd is the Registrar to the Issue


Update:  Satluj Jal Vidyut Nigam IPO Price Band Fixed

Mandhana Industries Ltd., a company engaged in the business of Textiles and Readymade Garments. Textiles products like Garments,trousers,fabrics, is coming up with an IPO which opens for subscription from Tuesday, April 27, 2010.

The price band for the IPO is set at Rs.120/- to Rs.130/- per equity share. The IPO would remain open for subscription till Thursday, April 29, 2010

Stay tuned to Indian IPO Blog for the latest updates on Mandhana Industries Ltd. IPO!

The objects of the Issue are:
1. Expansion and Modernization of Pali Unit;
2. To part-finance incremental working capital requirements;
3. To part-finance the acquisition of business;
4. To part –finance the marketing and corporate branding expenses;
5. To part –finance the general corporate Expenses;
6. To meet the expenses of the Issue

Credit Rating Agency CRISIL has assigned an IPO Grade 2 to the upcoming Initial Public Offer of Nitesh Estates IPO. CRISIL assigns IPO grading on a IPO scale of IPO Grade 5 to IPO Grade 1, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. An IPO Grade 2 from CRISIL indicates that as per CRISIL, the company has 'Below Average Fundamentals'

Nitesh Estates Limited, in the business of real estate development, primarily residential projects in Bengaluru. It develops homes, hotels, office buildings, and retail spaces. The company was founded in 2004 and is headquartered in Bangalore, India

The IPO would remain open for subscription between Friday, April 23, 2010 and Tuesday, April 27, 2010

Credit Rating Agency CARE has assigned an IPO Grade 3 to Talwalkars Better Value Fitness IPO. This means as per CARE, the company has 'Average Fundamentals'. CARE assigns IPO grading on a scale of IPO Grade 5 to IPO Grade 1, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals

Talwalkars Better Value Fitness Limited owns one of the largest fitness chain in India offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand 'Talwalkars'

Talwalkars Better Value Fitness Ltd. IPO would open for subscription between Wednesday, April 21, 2010 and Friday, April 23, 2010

Nitesh Estates Limited, in the business of real estate development, primarily residential projects in Bengaluru, is entering the capital markets with an Initial Public Offer (IPO) which would consist of 8,500,000 Equity Shares of Rs.10 each. The IPO opens for subscription from Friday, April 23, 2010

Nitesh Estates Limited operates as a real estate property development company in southern India. It develops homes, hotels, office buildings, and retail spaces. The company was founded in 2004 and is headquartered in Bangalore, India. Nitesh Estates is the real estate arm of the Nitesh Group, an integrated property development company headquartered in Bangalore, India, with presence across 4 asset classes

The IPO would remain open for subscription till Tuesday, April 27, 2010. Stay tuned for more on Nitesh Estates IPO!

Issue Opens on: Wednesday, April 21, 2010
Issue Closes on: Friday, April 23, 2010
Issue Size: 6,050,000 Equity Shares of Rs.10/- each
Price Band: Rs.123 to Rs.128 per equity share
Bid Lot: 50 Equity Shares and in multiples thereof
Lead Manager: India Infoline Ltd.
Registrar: Link Intime India Pvt. Ltd.

Issue Size: 8,500,000 Equity Shares of Rs.10/- each
Issue Opens on: Monday, April 26, 2010
Issue Closes on: Wednesday, April 28, 2010
Price Band: Rs.65/- to Rs.75/- per equity share
Bid Lot: 90 Equity Shares and in multiples thereof
Lead Manager: Comfort Securities Pvt Ltd
Registrar: Bigshare Services Pvt. Ltd.

Tarapur Transformers Ltd., a subsidiary of Bilpower Ltd., is entering capital markets with an IPO which opens from Monday, April 26, 2010. Bilpower Ltd. currently holds 73.50% stake in the company, which would be reduced to 41.46% post the issue

Tarapur Transformers Ltd., an ISO 9001:2000 certified company, was established in 1988 and is currently engaged in the business of manufacturing, rehabilitation, up-gradation, and refurbishment of transformers ranging from power & distribution transformer, Rectifier Transformer, Furnace Duty Transformer, Electric Locomotive Transformer, Electric Traction substation Transformer, Dry type transformer, Potential Transformer, Special purpose transformers

The IPO would remain open for subscription till Wednesday, April 28, 2010. The price band for the IPO is set at Rs.65/- to Rs.75/- per equity share, having a Face Value of Rs.10/- each. Comfort Securities Pvt. Ltd. is the Book Running Lead Manager and Bigshare Services Pvt. Ltd. is the Registrar to the Issue

Talwalkars Better Value Fitness Ltd., owner of fitness chain in India, is coming up with an IPO of 6,050,000 Equity Shares, having a Face Value of Rs.10/- each in a price band of Rs.123/- to Rs.128/- per equity share

The fitness chain offers a diverse suite of services including gyms, spas, aerobics and health counseling under the brand 'Talwalkars'. Talwalkars first gym was setup in the year 1932

Stay tuned to Indian IPO Blog for latest updates on Talwalkars Better Value Fitness Ltd. IPO!

Indigo Airlines is planning to hit the capital markets with an IPO in the near future. The company plans to raise about Rs.1,500 Crs through this IPO.

IndiGo Airlines is a private domestic low-cost airline based in Gurgaon, Haryana, India. It operates domestic services linking 22 destinations. Its main base is Delhi's Indira Gandhi International Airport.

Stay tuned to Indian IPO Blog for latest updates on Indigo Airlines IPO!

Goenka Diamond and Jewels Ltd., which listed on the Exchanges today, closed at Rs.127.85, at a discount of 5.3% on its Issue Price. The share had opened on the NSE with discount of 8.15% to its issue price of Rs.135 per share

On the BSE, it listed at Rs.130, touched an Intra-day low of Rs.92.35 and an Intra-day high of Rs.141.35

Goenka Diamond and Jewels IPO was subscribed 1.07 times on an overall basis, with Retail Category getting subscribed 0.66 times

The Equity Shares of Goenka Diamond and Jewels Ltd. will be listed and admitted to the dealings on the Exchanges with effect from Friday, April 16, 2010. Following are other listing details:

Goenka Diamond and Jewels IPO Listing Dates and Info:
ISIN: INE516K01016
IPO Listing Date: Friday, April 16, 2010
BSE Script Code: 533189
NSE Symbol: GOENKA
Listing in: 'B' Group of Securities
Issue Price: Rs.135/- per equity share

Goenka Diamond IPO Allotment Status is declared and can now be checked online

Click here to check Goenka Diamond IPO Allotment Status now!

No. of Sh Applied		No. of Sh Allotted		Ratio
40		40		1:13
80		40		2:13
120		40		3:13
160		40		4:13
200		40		5:13
240		40		6:13
280		40		7:13
320		40		8:13
360		40		9:13
400		40		10:13
440		40		11:13
480		40		12:13
520		40		1:1
560		43		1:1
600		46		1:1
640		50		1:1
680		52		1:1
		Addl 1 Sh		5:7

The Retail Category was over-subscribed 12.92 times. The total number of shares allotted in this category is 12,95,000 Equity Shares to 25,917 successful applicants

Intrasoft Technologies, which listed on the Exchanges today, opened at Rs.140 on BSE and touched an Intra-day high of Rs.167.15 and a low of Rs.123.30. It closed at Rs.159.35, i.e. at a premium of 9.89% over its Issue Price

On the NSE, the share closed at Rs 158.40 on the NSE, up 9.24% over its Issue Price of Rs.145 per share

Intrasoft Technologies IPO consisted of 37,00,000 Equity Shares having a Face Value of Rs.10/- each.  The IPO of Intrasoft Technologies Ltd. had received an outstanding response from the Investors with the final oversubscription figure standing at 18.95 times on an overall basis

Intrasoft Technologies IPO was subscribed 18.95 times on an overall basis. Click here to check out the category-wise oversubscription status of Intrasoft Technologies IPO

Essar Energy, a part of the Indian conglomerate Essar Group, is planning to come up with an Initial Public Offering (IPO) in London. The Company plans to raise $2.5 Billion through the IPO, which is largest ever overseas IPO by an Indian Business concern

The IPO would constitute a 20-25% dilution with Essar Group continuing to hold a minimum of 75% Equity of Essar Energy after the completion of the IPO. The Essar Group is controlled by Shashi and Ravi Ruia. The Essar Group, is a multinational conglomerate in the sectors of Steel, Energy, Power, Communications, Shipping Ports & Logistics

Intrasoft Technologies IPO Allotment Status can be checked from the link provided below

Click here to check Intrasoft Technologies IPO Allotment Status now!

The Equity Shares of Intrasoft Technologies Ltd., the owner of website 123greetings.com will be listed and admitted to the dealings on the Exchanges with effect from Monday, April 12, 2010. Following are details of Intrasoft Technologies IPO Listing:

Intrasoft Technologies IPO Listing Dates and Info:
ISIN: INE566K01011
IPO Listing Date: Monday, April 12, 2010
BSE Script Code: 533181
NSE Symbol: INTRASOFT
Listing in: 'B' Group of Securities
Issue Price: Rs.145/- per equity share

Ravi Kumar Distilleries, a manufacturer of Indian Made Foreign Liquor (IMFL), is planning to come with an IPO of 1.15 Cr Equity Shares. The company has filed the Draft Red Herring Prospectus (DRHP) with Securities and Exchange Board of India (SEBI)

The company is engaged in the business of manufacturing Indian Made Foreign Liquor (IMFL) under its own brand portfolio as well as under tie-up arrangements with other companies

Stay tuned for more info on Ravi Kumar Distilleries IPO!

The IPO of Satluj Jal Vidyut Nigam Ltd. (formerly Nathpa Jhakri Power Corporation Limited - NJPC) may hit the markets soon. Satluj Jal Vidyut Nigam Ltd. had filed DRHP with SEBI on February 25, 2010

The offer comprises a net offer to the public of 411,650,000 equity shares and a reservation of 3,350,000 equity shares for purchase by eligible employees at the offer price

Stay tuned for latest updates on Satluj Jal Vidyut Nigam IPO!



Update:  Satluj Jal Vidyut Nigam IPO Price Band Fixed

Shree Ganesh Jewellery House Ltd., which listed on the Exchanges today closed at a discount of 37.21% on its Issue Price. The share closed at Rs.163.25 on the BSE as against an Issue Price of Rs.260. It touched an Intra-day Low of Rs.160.65 and an Intra-day High of Rs.258.85 on the BSE

On the NSE, Shree Ganesh Jewellery House Ltd. listed at Rs.250 and touched an Intra-day low of Rs.161.75

The IPO of Shree Ganesh Jewellery House Ltd. was subscribed 1.96 times on an overall basis, mainly on support of HNI Category. Click here for Shree Ganesh Jewellery IPO Subscription Status

Shree Ganesh Jewellery House Ltd., which listed on the Exchanges today, opened at Rs.250/- on NSE at a Discount of Rs.10/-, the Issue Price being Rs.260/- per equity share. The price however, went down quite rapidly and the share is now trading at about Rs.168.75 on BSE at 14:18 hrs IST, down nearly 35% from its Issue Price

The IPO of Shree Ganesh Jewellery House Ltd. was subscribed 1.96 times on an overall basis, mainly on support of HNI Category. Click here for Shree Ganesh Jewellery IPO Subscription Status

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No. of Sh Applied		No. of Sh Allotted		Ratio
25		25		25:29
50		43		1:1
75		65		1:1
100		86		1:1
125		108		1:1
150		129		1:1
175		151		1:1
200		172		1:1
225		194		1:1
250		215		1:1
275		237		1:1
300		258		1:1
325		280		1:1
350		301		1:1
		Addl 1 Sh		10:17
375		323		1:1

The Government has approved the stake sail in Steel Authority of India (SAIL) through a follow-on public offer. After the stake sale, which will happen in two tranches, with each tranche having a 5 percent government stake and a 5 percent fresh equity issuance, the Government's stake in SAIL will fall to 69% from current stake of 85.8%

SAIL is India's largest steel producing company. SAIL has five integrated steel plants, three special plants, and one subsidiary in different parts of the country. SAIL is a fully integrated iron and steel maker, producing both basic and special steels for domestic construction, engineering, power, railway, automotive and defence industries and for sale in export markets,

SAIL manufactures and sells a broad range of steel products, including hot and cold rolled sheets and coils, galvanised sheets, electrical sheets, structurals, railway products, plates, bars and rods, stainless steel and other alloy steels, according to information available on Company's website

The Equity Shares of Shree Ganesh Jewellery Ltd. will be listed with effect from Friday, April 09, 2010. Earlier the IPO of Shree Ganesh Jewellery Ltd. was subscribed 1.96 times on an overall basis.

The IPO had received good response in the HNI Category which was overbid 6.13 times, while Retail Category was subscribed 1.39 times. (Click here for category-wise Bidding Status of the IPO)