October 2010 - Indian IPO Blog

Saturday, October 30, 2010

Coal India IPO Allotment Status declared

October 30, 2010 0
Coal India IPO Allotment Status declared

Tuesday, October 26, 2010

Gravita India IPO Details

October 26, 2010 1
Gravita India IPO Details
Issue Size: 3,600,000 Equity Shares of Rs.10/- each
Issue Opens on: Monday, November 01, 2010
Issue Closes on: Wednesday, November 03, 2010
Price Band: Rs.120/- to Rs.125/- per equity share
Bid Lot: 50 Equity Shares and in multiples thereof
Lead Manager: Keynote Corporate Services Ltd.
Registrar: Karvy Computershare Pvt. Ltd.

Friday, October 22, 2010

Coal India IPO - Withdrawal Option

October 22, 2010 0
Coal India IPO - Withdrawal Option
Coal India Limited has offered investors a withdrawal option to withdraw their applications due to some typographical errors in Company's standalone summary statements of profit and loss in the Red Herring Prospectus (RHP). Coal India Limited IPO investors (including QIB Investors) can withdraw their application till Monday, October 25, 2010

Coal India IPO closed on Thursday, October 21, 2010 and was oversubscribed 15.28 times, with Retail Category getting overbid 2.31 times. The withdrawal option may delay the allotment and listing of the IPO to some extent. Coal India Limited (CIL) is a Schedule 'A' 'Navratna' Public Sector Undertaking under Ministry of Coal, Government of India, with Headquarters in Kolkata, West Bengal

Stay tuned for more on Coal India IPO!

Coal India IPO Final Subscription Status

October 22, 2010 0
Coal India IPO Final Subscription Status

Thursday, October 21, 2010

Coal India IPO closes today, overbid 11.85 times till now

October 21, 2010 0
Coal India IPO closes today, overbid 11.85 times till now
Coal India Limited IPO closes for subscription today, i.e. on Thursday, October 21, 2010. The IPO has managed to garner good response from the investors, especially from the QIB Category, which is oversubscribed 24.70 times till Day 3, i.e. till Wednesday, October 20, 2010, when the subscription for the category closed. The Retail Category is also subscribed fully till Day 3, with the subscription in the category being 1.10 times

Coal India Limited (CIL) is a Schedule 'A' 'Navratna' Public Sector Undertaking under Ministry of Coal, Government of India, with Headquarters in Kolkata, West Bengal

Stay tuned for latest updates on Coal India IPO Bidding Status!

Tuesday, October 19, 2010

Coal India IPO Bidding Status till Day 2

October 19, 2010 0
Coal India IPO Bidding Status till Day 2

Coal India IPO subscribed 1.57 times till 4 PM on second day

October 19, 2010 0
Coal India IPO subscribed 1.57 times till 4 PM on second day
Coal India IPO is bid 1.57 times till Tuesday, October 19, 2010 1600 hrs IST, as per data available on NSE website. The Retail Category has been subscribed about 20% till 1600 hrs IST.

Coal India Limited (CIL) is a Schedule 'A' 'Navratna' Public Sector Undertaking under Ministry of Coal, Government of India, with Headquarters in Kolkata, West Bengal

Stay tuned for more on Coal India IPO Subscription Status!

Coal India IPO - Price Band and Retail Discount

October 19, 2010 0
Coal India IPO - Price Band and Retail Discount
The Price Band for Coal India IPO is Rs.225/- to Rs.245/- per equity share. The Retail Investors and Employees are entitled to a 5% discount on the Issue Price. The company aims to raise more than Rs.15,000 Crores through the IPO

The Book Running Lead mangers to the issue are Citigroup Global Markets India Pvt. Ltd., Deutsche Equities (India) Pvt. Ltd., DSP Merrill Lynch Ltd., ENAM Securities Pvt. Ltd., Kotak Mahindra Capital Company Ltd. and Morgan Stanley India Company Pvt. Ltd.

Stay tuned for more on Coal India IPO!

Monday, October 18, 2010

Saturday, October 16, 2010

Power Grid Corp may come up with an FPO in November 2010

October 16, 2010 0
Power Grid Corp may come up with an FPO in November 2010
Power Grid Corporation of India, the state-run power distribution company, is planning to come up with its Follow-on Public Offer (FPO), which may hit the markets by November 2010. The Company had earlier come up with an Initial Public Offer in September 2007 in a price band of Rs.44/- to Rs.52/- per equity share and the Issue Price was fixed at Rs.52/- per equity share

Power Grid Corp is a Navratna Public Sector Enterprise and one of the largest transmission utilities in the world. Stay tuned to Indian IPO Blog for more on Power Grid Corp FPO!

Gyscoal Alloys IPO Final Subscription Status

October 16, 2010 0
Gyscoal Alloys IPO Final Subscription Status

Friday, October 15, 2010

Gyscoal Alloys IPO overbid more than 8.5 times till 6 PM on the closing day

October 15, 2010 0
Gyscoal Alloys IPO overbid more than 8.5 times till 6 PM on the closing day
Gyscoal Alloys IPO, which closes for subscription today, i.e. on Friday, October 15, 2010, has been bid about 8.59 times till 6 PM as per data available on NSE Website. The Retail Category has also received good response with more than 7.7 times subscription till 6 PM on the closing day

Gyscoal Alloys Limited (GAL) is in the business of trading of iron & steel products and steel rolling mill. Gyscoal Alloys Limited manufactures different grades of Stainless Steel products

Stay tuned to Indian IPO Blog for final and category-wise subscription figures of Gyscoal Alloys IPO!

Thursday, October 14, 2010

Gyscoal Alloys IPO fully subscribed on opening day

October 14, 2010 0
Gyscoal Alloys IPO fully subscribed on opening day
Gyscoal Alloys IPO has received a welcoming response from both the HNI as well as Retail Category with the two categories getting overbid by 4.62 times and 2.43 times on the first day itself. This is despite the fact that no bids were received in the QIB Category as on the opening day, as per data available on the NSE Website. The encouraging response from the HNI and Retail Category has taken the overall subscription to about 1.54 times

Gyscoal Alloys Limited (GAL) is in the business of trading of iron & steel products and steel rolling mill. Gyscoal Alloys Limited manufactures different grades of Stainless Steel products

Stay tuned to Indian IPO Blog for latest subscription status updates on Gyscoal Alloys IPO!

Prestige Estates Projects IPO Bidding Status till second day

October 14, 2010 0
Prestige Estates Projects IPO Bidding Status till second day

VA Tech Wabag closes on Listing Day with 30% premium

October 14, 2010 0
VA Tech Wabag closes on Listing Day with 30% premium
VA Tech Wabag Ltd., which listed on the exchanges yesterday, closed the day at a premium of 30.49% over its Issue Price of Rs.1310/- per share. The share closed at Rs.1709.40 on the BSE after touching an Intra-day High of Rs.1806.60 and a low of Rs.1651.10. On the NSE, it closed at Rs.1704.80

VA Tech Wabag IPO had received an overwhelming response from the market with the IPO finally getting overbid by 36.22 times on an overall basis

VA Tech Wabag is one of the world’s leading companies in the water treatment field. VA Tech Wabag provides turn-key solutions for water and waste water treatment to municipal and industrial users

Wednesday, October 13, 2010

Gyscoal Alloys IPO opens from today

October 13, 2010 0
Gyscoal Alloys IPO opens from today
Gyscoal Alloys Limited (GAL), engaged in the business of trading of iron & steel products and steel rolling mill, is coming up with an IPO of 7,700,000 Equity Shares of Rs.10 each. The Equity Shares will be offered in a price band of Rs.65/- to Rs.71/- per equity share with a bid lot of 90 Equity Shares and in multiples thereof.

The Objects of the Issue are to raise capital for meeting general corporate purposes and:
1. To finance Capital Expenditure for enhancing production
2. To meet the long term working capital requirements

The IPO would remain open from Wednesday, October 13, 2010 and Friday, October 15, 2010. Stay tuned to Indian IPO Blog for latest updates on Gyscoal Alloys IPO!

Tuesday, October 12, 2010

Coal India IPO Price Band fixed

October 12, 2010 0
Coal India IPO Price Band fixed
The Price Band for the much talked about Coal India IPO has been fixed at Rs.225/- to Rs.245/- per equity share. Coal India IPO, the IPO of the world's largest coal miner, will open for subscription from Monday, October 18, 2010. The Book Running Lead mangers to the issue are Citigroup Global Markets India Pvt. Ltd., Deutsche Equities (India) Pvt. Ltd., DSP Merrill Lynch Ltd., ENAM Securities Pvt. Ltd., Kotak Mahindra Capital Company Ltd. and Morgan Stanley India Company Pvt. Ltd.


Credit Rating Agency CRISIL has assigned an IPO Grade 5/5 to the proposed IPO of Coal India Ltd. (CIL) The grade indicates that the fundamentals of the IPO are strong relative to the other listed equity securities in India

Coal India Limited (CIL) is a Schedule 'A' 'Navratna' Public Sector Undertaking under Ministry of Coal, Government of India, with Headquarters in Kolkata, West Bengal. Stay tuned for more on Coal India Limited (CIL) IPO!

Gyscoal Alloys IPO Rating from CARE

October 12, 2010 0
Gyscoal Alloys IPO Rating from CARE
Credit Rating Agency CARE has assigned an IPO Grade 2/5 to the IPO of Gyscoal Alloys Limited. This means that as per CARE, the Company's fundamentals are Below Average. CARE assigns IPO Grading on a scale of IPO Grade 1 to IPO Grade 5 with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals

Gyscoal Alloys Limited (GAL), engaged in the business of trading of iron & steel products and steel rolling mill, is coming up with an IPO of 7,700,000 Equity Shares of Rs.10 each

Stay tuned for more on Gyscoal Alloys Limited (GAL) IPO!

VA Tech Wabag IPO Allotment Status declared

October 12, 2010 0
VA Tech Wabag IPO Allotment Status declared

Sunday, October 10, 2010

Tecpro Systems IPO Allotment Status declared

October 10, 2010 0
Tecpro Systems IPO Allotment Status declared

Prestige Estates Projects IPO Details

October 10, 2010 1
Prestige Estates Projects IPO Details
Issue Opens on: Tuesday, October 12, 2010
Issue Closes on: Thursday, October 14, 2010
Price Band: Rs.172/- to Rs.183/- per equity share
Lead Manager: Enam Securities Pvt. Ltd., J.P. Morgan India Pvt. Ltd., Kotak Mahindra Capital Co. Ltd., UBS Securities India Pvt. Ltd.
Registrar: Link Intime India Pvt. Ltd.

Gyscoal Alloys IPO Details

October 10, 2010 0
Gyscoal Alloys IPO Details
Issue Size: 7,700,000 Equity Shares of Rs.10/- each
Issue Opens on: Wednesday, October 13, 2010
Issue Closes on: Friday, October 15, 2010
Price Band: Rs.65/- to Rs.71/- per equity share
Bid Lot: 90 Equity Shares and in multiples
Lead Manager: Chartered Capital and Investment Ltd.
Registrar: Link Intime India Pvt. Ltd.

Oberoi Realty IPO Final Subscription Status

October 10, 2010 0
Oberoi Realty IPO Final Subscription Status

Friday, October 8, 2010

BS Transcomm IPO remains undersubscribed, extended to October 13, 2010

October 08, 2010 0
BS Transcomm IPO remains undersubscribed, extended to October 13, 2010
BS Transcomm IPO, which was scheduled to close today, has revised the price band of its IPO to Rs.247/- to Rs.257/- as against its earlier price band of Rs.257/- to Rs.266/- per equity share, due to lukewarm response from investors. The issue was subscribed 0.58 times till Friday, October 08, 2010 1700 hrs IST as per data available on the NSE website

BS Transcomm Ltd. is engaged in the business of providing a range of services to telecommunication infrastructure providers and power transmission companies including turnkey services

Stay tuned for more on BS Transcomm IPO!

Wednesday, October 6, 2010

Commercial Engineers and Body Builders IPO finally subscribed 2.07 times

October 06, 2010 0
Commercial Engineers and Body Builders IPO finally subscribed 2.07 times
The IPO of Commercial Engineers & Body Builders Co. Ltd., which closed for subscription yesterday, has managed to get subscribed by 2.07 times on an overall basis. However, the IPO has remained undersubscribed in the the HNI and Retail Categories, which were subscribed 0.34 times and 0.38 times. Commercial Engineers & Body Builders Co. Ltd. IPO was subscribed 3.68 times in the QIB Category

Commercial Engineers & Body Builders Co. Ltd. is designer and manufacturer in India of vehicle bodies for the commercial vehicles industry

Orient Green Power IPO Allotment Status declared

October 06, 2010 0
Orient Green Power IPO Allotment Status declared

Oberoi Realty IPO Rating from CRISIL

October 06, 2010 0
Oberoi Realty IPO Rating from CRISIL
Credit Rating Agency CRISIL has assigned an IPO Grade 4/5 to the IPO of Oberoi Realty Ltd. This indicates that as per CRISIL, the company has 'Above Average Fundamentals' CRISIL assigns IPO Grades on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals

Oberoi Realty IPO will remain open between October 06, 2010 and October 08, 2010. The Equity Shares are offered in a price band of Rs.253/- to Rs.260/- per equity share

Oberoi Realty IPO Bidding Status on Day 1

October 06, 2010 0
Oberoi Realty IPO Bidding Status on Day 1

BS Transcomm IPO Bidding Status on Day 1

October 06, 2010 0
BS Transcomm IPO Bidding Status on Day 1

Oberoi Realty IPO Details

October 06, 2010 0
Oberoi Realty IPO Details
Issue Size: 39,562,000 Equity Shares of Rs.10 each
Issue Opens on: Wednesday, October 06, 2010
Issue Closes on: Friday, October 08, 2010
Price Band: Rs.253/- to Rs.260/- per equity share
Bid Lot: 20 Equity Shares and in multiples thereof
Lead Manager: Enam Securities Pvt. Ltd., J.P. Morgan India Pvt. Ltd., Kotak Mahindra Capital Co. Ltd., Morgan Stanley India Co. Pvt. Ltd.
Registrar: Link Intime India Pvt. Ltd.

Career Point IPO closes listing day with a stunning premium

October 06, 2010 0
Career Point IPO closes listing day with a stunning premium
Career Point Ltd., which listed on the exchanges today, has closed the listing day with a spectacular premium of 104% premium over its Issue Price. The share closed at Rs.632.35 on the BSE as against an issue price of Rs.310/- per equity share.

Career Point Ltd. touched an Intra-day high of Rs.674 on the BSE and Rs.664 on the NSE with an Intra-day low of Rs.450 and Rs.436.10 on BSE and NSE respectively

The IPO of Career Point Infosystems Limited, had closed with splendid oversubscription figures of over 47 times on an overall basis. The IPO was overbid by 31.74 times in the Retail Category and by a gigantic 101.93 times in HNI Category. The QIB Category, too, had received 47.45 times oversubscription

Oberoi Realty IPO opens today

October 06, 2010 0
Oberoi Realty IPO opens today
The IPO of Oberoi Realty Ltd., a real estate developer focused on premium developments in Mumbai, opens from today, i.e. Wednesday, October 06, 2010. The Oberoi Realty group currently manages a portfolio spanning across Residential, Office Space, Retail, Hospitality and Social Infrastructure properties in Mumbai

The Price Band for the IPO is set at Rs.253/- to Rs.260/- per equity share for Equity Shares having a Face Value of Rs.10/- each

Stay tuned for more on Oberoi Realty IPO

Career Point Infosystems Ltd. to list today

October 06, 2010 0
Career Point Infosystems Ltd. to list today
The Equity Shares of Career Point Infosystems Ltd. would be listed and admitted to the dealings on the exchange from today, Wednesday, October 06, 2010. The IPO of Career Point Infosystems Limited, had closed with splendid oversubscription figures of over 47 times on an overall basis. The IPO was overbid by 31.74 times in the Retail Category and by a gigantic 101.93 times in HNI Category. The QIB Category, too, had received 47.45 times oversubscription

The IPO which closed for subscription for QIB Category on Monday, September 20, 2010 and for other categories on Tuesday, September 21, 2010, was assigned an IPO Grade 3/5 by Credit Rating Agency CRISIL (Click here for more on Career Point IPO Rating)

Eros International Media Ltd. to list today

October 06, 2010 0
Eros International Media Ltd. to list today
The Equity Shares Eros International Media Ltd. will be listed on the Exchanges with effect from today, Wednesday, October 06, 2010. Eros International Media IPO was overbid 26.51 times on an overall basis and 11.95 times in the Retail Category

Earlier, CARE has assigned an IPO Grade 4/5 to the IPO of Eros International Media Limited, indicating Above Average Fundamentals

Eros International IPO was open for subscription between Friday, September 17, 2010 and Tuesday, September 21, 2010

Tuesday, October 5, 2010

BS Transcomm IPO Details

October 05, 2010 0
BS Transcomm IPO Details
Issue Opens on: Wednesday, October 06, 2010
Issue Closes on: Friday, October 08, 2010
Price Band: Rs.257/- to Rs.266/- per equity share
Lead Manager: JM Financial Consultants Pvt. Ltd.
Registrar: Karvy Computershare Pvt. Ltd.

Oberoi Realty IPO opens today

October 05, 2010 0
Oberoi Realty IPO opens today
The IPO of Oberoi Realty Ltd., a real estate developer focused on premium developments in Mumbai, opens from today, i.e. Wednesday, October 06, 2010. The Oberoi Realty group currently manages a portfolio spanning across Residential, Office Space, Retail, Hospitality and Social Infrastructure properties in Mumbai

The Price Band for the IPO is set at Rs.253/- to Rs.260/- per equity share for Equity Shares having a Face Value of Rs.10/- each

Stay tuned for more on Oberoi Realty IPO

Commercial Engineers and Body Builders IPO Bidding Status till Day 3

October 05, 2010 0
Commercial Engineers and Body Builders IPO Bidding Status till Day 3

Electrosteel Steels IPO Allotment Status declared

October 05, 2010 0
Electrosteel Steels IPO Allotment Status declared

Saturday, October 2, 2010

Friday, October 1, 2010

Career Point IPO Allotment Status

October 01, 2010 0
Career Point IPO Allotment Status
Career Point IPO Allotment Status is expected to be declared soon

Check back Indian IPO Blog for Link for Career Point IPO Allotment Status!

Earlier, the IPO of Career Point Infosystems Limited, had closed with splendid oversubscription figures of over 47 times on an overall basis. The IPO was overbid by 31.74 times in the Retail Category and by a gigantic 101.93 times in HNI Category. The QIB Category, too, has received 47.45 times oversubscription

Eros International Media IPO Allotment Status declared

October 01, 2010 0
Eros International Media IPO Allotment Status declared

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