Sanco Industries, a PVC Manufacturer, is planning to come up with an Initial Public Offer (IPO) of about 75,00,000 Equity Shares having a Face Value of Rs.10/- each. The company has already filed Draft Red Herring Prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) for this purpose

Sanco Industries is in business of manufacturing of rigid plain PVC electrical conduit pipes & profiles, PVC insulated wire & cables and PVC/PPR plumbing pipe

Stay tuned for the latest updates on Sanco Industries IPO!

Tribhovandas Bhimji Zaveri, a jewellery retailer in India, is planning to hit the capital markets with an IPO of Equity Shares having a Face Value of Rs.10/- each

Tribhovandas Bhimji Zaveri has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a public issue of 16,666,667 Equity Shares of Face Value of Rs.10/- each. Tribhovandas Bhimji Zaveri Limited sells gold & diamond-studded jewellery as well as platinum jewellery and silverware

Stay tuned for the latest updates on Tribhovandas Bhimji Zaveri IPO!

QIB: 0.67 times
Non-Institutional Investors: 0.79 times
Retail: 0.20 times
Employees: 0.00 times
Overall: 0.48 times

C Mahendra Exports Ltd., which listed on the exchanges today, had a quiet listing with the stock price hovering in a stable price range of Rs.110/- to Rs.120/- without much of volatility, unlike in case of some of the recent IPOs, where high listing day volatility is a common phenomenon

C Mahendra Exports Ltd. opened at Rs.114/- on the NSE, at a miniature premium of Rs.4/- per share or about 3.64% over its Issue Price of Rs.110/- per share. The share touched Rs.121/- per share as its Intra-day High and maintained the Issue Price as its Intra-day low on the listing day

On the BSE also, the share touched an Intra-day High of Rs.120.90 and closed at Rs.110.85, at a negligible premium of 0.77% over the Issue Price

The Price Band for the upcoming IPO of Omkar Speciality Chemicals Ltd. is fixed at Rs.95/- to Rs.98/- per equity share for shares having a Face Value of Rs.10/- each. The IPO would remain open for subscription between Monday, January 24, 2011 and Thursday, January 27, 2011

Omkar Speciality Chemicals Ltd. is a Manufacturer, Supplier And Producer of Molybdenum Disulfide, Nickel Carbonate, Cobalt Nitrate , Ammonium Iodide, Ammoniu The Company is mainly engaged in the manufacture and sale of speciality chemicals viz. selenium, compounds, iodine compounds, molybdenum compounds etc. and pharma intermediates viz. Potassium Iodate, Bismuth Ammonium Citrate, Bromoform etc.

Stay tuned to Indian IPO Blog for the latest updates on Omkar Speciality Chemicals Ltd. IPO!

The proposed Follow-on Public Offer of Indian Bank may hit the markets somewhere in June-July 2011. Indian Bank plans to raise around Rs.1500 crore through the FPO

Currently, the majority of the stake, about 80% is held by the Government, which is expected to come down to about 9% post the Follow-on Public Offer. Indian Bank is a premier bank owned by the Government of India, which was established on 15th August 1907 as part of the Swadeshi movement

Earlier, Indian Bank had come up with an IPO in 2007, which was subscribed 32.16 times on an overall basis with about 3.16 times subscription in the Retail Category

Stay tuned for the latest updates on Indian Bank FPO!

QIB: 0.42 times
Non-Institutional Investors: 0.07 times
Retail: 0.04 times
Employees: 0.00 times
Overall: 0.20 times

Tata Steel FPO, which opened for subscription from today, is bid about 19% till 4 PM as per the data available on the NSE website. Tata Steel FPO would remain open for subscription till Friday, January 21, 2011

Tata Steel, formerly known as TISCO and Tata Iron and Steel Company Limited is the largest private sector steel company in India in terms of domestic production. Tata Steel is part of Tata Group of companies

Tata Steel intends to use proceeds from the FPO for partly financing the company’s share of capital expenditure for expansion of existing works at Jamshedpur; and payment of redemption amounts on maturity of certain redeemable non-convertible debentures issued by the company on a private placement basis

Issue Size: 57,000,000 Equity Shares of Rs. 10
Issue Opens on: Wednesday, January 19 , 2011
Issue Closes on: Friday, January 21, 2011
Price Band: Rs.594/- to Rs.610/- per equity share
Bid Lot: 10 Shares Equity Shares and in multiples thereof
Discount for Retail Investors: No
Lead Managers: Citigroup Global Markets India Pvt. Ltd., Deutsche Equities India Pvt. Ltd., HSBC Securities & Capital Markets Pvt. Ltd., Kotak Mahindra Capital Company Ltd., SBI Capital Markets Ltd., Standard Chartered Securities (India) Ltd.
Registrar: Link Intime India Pvt. Ltd.

Omkar Speciality Chemicals Ltd., engaged in the manufacture and sale of speciality chemicals, is entering capital markets with an Initial Public Offer (IPO) of 81 lakh equity shares of Rs.10/- each

The IPO would open for subscription from Monday, January 24, 2011 and would remain open for subscription Thursday, January 27, 2011

Stay tuned for the latest updates on Omkar Speciality Chemicals Ltd. IPO!

Tata Steel Ltd. is entering capital markets with an FPO which would open for subscription from tomorrow, i.e. Wednesday, January 19, 2011.

Tata Steel, formerly known as TISCO and Tata Iron and Steel Company Limited is the largest private sector steel company in India in terms of domestic production. Tata Steel is part of Tata Group of companies

The Follow-on Public Offer, which would comprise of 57,000,000 Equity Shares of Rs.10/- each would remain open for subscription upto Friday, January 21, 2011. The Price Band for the FPO is fixed at Rs.594/- to Rs.610/- per equity share with a bid lot of 10 Equity Shares and in multiples thereof

Kotak Mahindra Capital Company Ltd., Citigroup Global Markets India Pvt. Ltd., Deutsche Equities (India) Pvt. Ltd., HSBC Securities and Capital Markets (India) Pvt. Ltd., RBS Equities (India) Ltd., SBI Capital Markets Ltd. and Standard Chartered Securities (India) Ltd. are Book Running Lead Managers to the issue, while Link Intime India Pvt. Ltd. is the Registrar to the Issue

The Red Herring Prospectus (RHP) for the Follow-on Public Offer (FPO) of Tata Steel Ltd. can be downloaded from SEBI website. Click here to download Tata Steel FPO - Red Herring Prospectus (RHP) now

Tata Steel, formerly known as TISCO and Tata Iron and Steel Company Limited, is coming up with a Follow-on Public Offer (FPO) of 57,000,000 Equity Shares of Rs.10/- each. The FPO would remain open for subscription between Wednesday, January 19, 2011 and Friday, January 21, 2011

Stay tuned for the latest updates on Tata Steel FPO!

The objects of the Issue are for general corporate purposes and to:

1. Part finance the Company’s share of capital expenditure for expansion of existing works at Jamshedpur;
2. Payment of redemption amounts on maturity of certain redeemable non-convertible debentures issued by the Company on a private placement basis

The Equity Shares of C Mahendra Exports Ltd. will be listed on the exchanges with effect from Thursday, January 20, 2011. The Issue Price for the IPO was set at Rs.110/- per equity share, which is the higher end of price band of Rs.95/- to Rs.110/- per equity share

C Mahendra Exports IPO, which closed for subscription on Thursday, January 06, 2011, closed with oversubscription of 2.78 times on an overall basis. The IPO has received a good response in the Retail Category, which is subscribed 4.82 times, although the QIB Category is scantly subscribed at 1.02 times

Check out Indian IPO Blog for Listing Day updates on C Mahendra Exports IPO!

The bid lot or the minimum order quantity for the upcoming FPO of Tata Steel Ltd. is fixed at 10 Equity Shares and in multiples thereof. The shares are offered in a price band of Rs.594/- to Rs.610/- per equity share for shares having a Face Value of Rs.10/- each

Tata Steel, formerly known as TISCO and Tata Iron and Steel Company Limited is the largest private sector steel company in India in terms of domestic production. Tata Steel is part of Tata Group of companies

Stay tuned to Indian IPO Blog for subscription status and other updates on Tata Steel FPO!

The Follow-on Public Offer (FPO) of Oil and Natural Gas Corporation Limited (ONGC), Asia's largest and most active company involved in exploration and production of oil, is likely to hit the streets around the third week of March 2011

ONGC is involved in exploring for and exploiting hydrocarbons in sedimentary basins of India. It owns and operates more than 11,000 kilometres of pipelines in India. ONGC significantly contributes to India's crude oil production and natural gas production

Check back Indian IPO Blog for the latest on ONGC FPO!

The price band for the upcoming FPO of Tata Steel Ltd. is fixed at Rs.594/- to Rs.610/- per equity share for equity shares having a Face Value of Rs.10/- each. Tata Steel, formerly known as TISCO and Tata Iron and Steel Company Limited is the largest private sector steel company in India in terms of domestic production. Tata Steel is part of Tata Group of companies. The price band of Rs.594/- to Rs.610/- per equity share is an interesting one, particularly considering the fact that the current market price of the stock is at Rs.621.70 (CMP as on Friday, January 14, 2011)

The Follow-on Public Offer (FPO) of Tata Steel Ltd., which would comprise of 57,000,000 Equity Shares of Rs.10/- each would remain open for subscription from Wednesday, January 19, 2011 and Friday, January 21, 2011

Tata Steel products and services include hot and cold rolled coils and sheets, tubes, construction bars, forging quality steel, rods, structurals, strips and bearings, steel plant and material handling equipment, ferro alloys and other minerals, software for process controls, and cargo handling services

Tata Steel Ltd., India’s largest steel company, is coming up with a Follow-on Public Offer (FPO) of Equity Shares having a Face Value of Rs.10/- each, which would be opening for subscription from Wednesday, January 19, 2011

The Follow-on Public Offer, which would comprise of 57,000,000 Equity Shares of Rs.10/- each would remain open for subscription for 3 days upto Friday, January 21, 2011.

Tata Steel products and services include hot and cold rolled coils and sheets, tubes, construction bars, forging quality steel, rods, structurals, strips and bearings, steel plant and material handling equipment, ferro alloys and other minerals, software for process controls, and cargo handling services

Tata Steel, formerly known as TISCO and Tata Iron and Steel Company Limited is the largest private sector steel company in India in terms of domestic production. Tata Steel is part of Tata Group of companies. Tata Steel is also India's second-largest and second-most profitable company in private sector. The company is listed on Bombay Stock Exchange and National Stock Exchange of India

The Follow-on Public Offer (FPO) of Tata Steel Ltd., which would comprise of 57,000,000 Equity Shares of Rs.10/- each would remain open for subscription from Wednesday, January 19, 2011 and Friday, January 21, 2011

Click here to download the Draft Red Herring Prospectus (DRHP) for Tata Steel FPO filed with Securities and Exchange Board of India (SEBI)

The Price Band and Bid Lot for the Tata Steel FPO are not yet declared and will be updated as soon as the same are made available

Check back this post regularly for the latest updates on Tata Steel FPO!

The norms for Initial Public Offers by Life Insurance Companies are likely to be ready in about two to three weeks. Once the guidelines for equity issues by Life Insurance companies are announced, the Insurance companies will be able to raise funds through public floats

However, Insurance Regulatory and Development Authority Chairman Mr. J Hari Narayan said that Non-life Insurance companies will still have to wait a few months to tap into the capital markets as IRDA is still in the process of making a formal proposal to the markets regulator, the Securities and Exchange Board of India (SEBI)

QIB: 0.35 times
Non-Institutional Investors: 4.68 times
Retail: 9.01 times
Overall: 4.03 times

Tata Steel FPO is planning to come up with an FPO of Equity Shares, which is expected to hit the streets very soon. The price band for the share sale and the minimum bid lot for the issue will be decided by the company in consultation with the book running lead managers (BRLMs)

Tata Steel, formerly known as TISCO and Tata Iron and Steel Company Limited is the largest private sector steel company in India in terms of domestic production. Tata Steel is part of Tata Group of companies. Tata Steel is also India's second-largest and second-most profitable company in private sector. The company is listed on Bombay Stock Exchange and National Stock Exchange of India

Tata Steel products and services include hot and cold rolled coils and sheets, tubes, construction bars, forging quality steel, rods, structurals, strips and bearings, steel plant and material handling equipment, ferro alloys and other minerals, software for process controls, and cargo handling services

Check back Indian IPO Blog for the latest updates on Tata Steel FPO!

Tata Steel Ltd., India's largest steel company, is planning to come up with a Follow-on Public Offer (FPO). The Board of Directors have approved Follow-on Public Offer (FPO) of 5.7 crore Equity shares of Rs.10/- each

The FPO is expected to hit the markets soon, although the precise dates for the FPO is not yet announced. The price band for the share sale and the minimum bid lot for the issue will be decided by the company in consultation with the book running lead managers (BRLMs)

Stay tuned for the latest updates on Tata Steel FPO!

QIB: 0.28 times
Non-Institutional Investors: 1.63 times
Retail: 2.18 times
Overall: 1.14 times

Micromax Informatics, one of India's biggest domestic mobile handset seller, is planning to come up with an IPO of Equity Shares, which may hit the markets in the near future. The Company is awaiting a nod from market regulator Securities and Exchange Board of India (SEBI). As such, the dates and price band of the IPO are not yet available

Micromax makes its handsets through contract manufacturers in China, Taiwan and South Korea. Micromax is the biggest Indian domestic mobile handsets company and has been growing rapidly in the competitive Indian telecom market. The market share of the company stood at 6.24% for the March 2010 quarter

Stay tuned for the latest updates on Micromax Informatics IPO!

Midvalley Entertainment IPO subscribed 0.86 times or 86% on an overall basis on the opening day of the IPO, when the markets crashed 467 points. The Retail Category got subscribed fully on the opening day with 1.89 times subscription. There has been no bids from the QIB Category on the opening day

The IPO has been assigned an IPO Grade 1/5 by Brickworks. Brickwork Ratings  ‟BWR IPO Grade 1” indicates poor fundamentals for the issue in relation to the other listed equity securities in India. BWR assigns IPO grading on a scale of IPO Grade 5 to IPO Grade 1, with Grade 5 signifying strong fundamentals and Grade 1 signifies poor fundamentals of the issue in relation to the other listed equity securities in India

Mid Valley Entertainment Ltd. is engaged in film production, distribution & exhibition in South India. Check back Indian IPO Blog for the latest subscription status on Midvalley Entertainment IPO!

QIB: 0.00 times
Non-Institutional Investors: 1.32 times
Retail: 1.89 times
Overall: 0.86 times

The IPO of Mid Valley Entertainment Ltd. is engaged in film production, distribution & exhibition in South India, opens for subscription from today. The IPO would consist of Equity Shares, having a Face Value of Rs.10/- each and would remain open for subscription from Monday, January 10, 2011 to Wednesday, January 12, 2011

The shares will be offered in a Price Band of Rs.64/- to Rs.70/- per equity share with a bid lot of 95 Equity shares and in multiples thereof. Aryaman Financial Services Limited is the Book Running Lead Manager to the Issue, while Cameo Corporate Services Limited is the Registrar to the Issue

Mid Valley Entertainment IPO has been rated by Brickworks Ratings India Pvt. Ltd.. and has been assigned ‟BWR IPO Grade 1”, which indicates poor fundamentals for the issue in relation to the other listed equity securities in India. BWR assigns IPO grading on a scale of IPO Grade 5 to IPO Grade 1, with Grade 5 signifying strong fundamentals and Grade 1 signifies poor fundamentals of the issue in relation to the other listed equity securities in India

Check back Indian IPO Blog for subscription status updates on  Mid Valley Entertainment IPO!

The upcoming IPO of Mid Valley Entertainment Limited, has been assigned an IPO Grade 1/5 by Brickworks. Brickwork Ratings  ‟BWR IPO Grade 1” indicates poor fundamentals for the issue in relation to the other listed equity securities in India. BWR assigns IPO grading on a scale of IPO Grade 5 to IPO Grade 1, with Grade 5 signifying strong fundamentals and Grade 1 signifies poor fundamentals of the issue in relation to the other listed equity securities in India

Mid Valley Entertainment Ltd. is engaged in film production, distribution & exhibition in South India.  The company produces, distributes and exhibits movies both in Indian and foreign languages. It also holds the music, video and television rights of movies, television serials for sales to TV Channels. The company has earlier produced movies like Thambi and Seena Thana in Tamil.

The company presently has screening agreements with 46 theatres across Tamil Nadu, Andhra Pradesh and Karnataka. The company plans to focus primarily on movie production and exhibition business going forward

Click here to download the Midvalley Entertainment Ltd. IPO Grading Document

C Mahendra Exports IPO, which closed for subscription on Thursday, January 06, 2011, closed with oversubscription of 2.78 times on an overall basis. The IPO has received a good response in the Retail Category, which is subscribed 4.82 times, although the QIB Category is scantly subscribed at 1.02 times

C Mahendra Exports IPO was subscribed fully in the Retail Category on Day 3 of its opening, when the overall subscription figure stood at 0.72 times

Stay tuned for C Mahendra Exports IPO Allotment Status link and other updates on the IPO!

Click here for C Mahendra Exports IPO Final Subscription Status!

QIB: 1.02 times
Non-Institutional Investors: 3.92 times
Retail: 4.82 times
Overall: 2.78 times

The proposed IPO of Endurance Technologies Ltd. has been assigned an IPO Grade 3/5 by credit rating agency CRISIL. The grade indicates that the fundamentals of the IPO are average relative to other listed equity securities in India

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

Stay tuned to Indian IPO Blog for the latest updates on Endurance Technologies IPO!

Issue Opens on: Monday, January 10, 2011
Issue Closes on: Wednesday, January 12, 2011
Price Band: Rs.64/- to Rs.70/- per equity share
Bid Lot: 95 Equity Shares and in multiples thereof
Lead Manager: Aryaman Financial Services Ltd.
Registrar: Cameo Corporate Services Limited

C Mahendra Exports IPO has been subscribed fully till Wednesday, January 05, 2011, which is the Day 4 of the IPO. The IPO has been subscribed 1.03 times on an overall basis.

The IPO has received bids for 7728360 Equity Shares in the Retail Category as against 5250000 Equity Shares reserved in the category, thus making the category bid by 1.47 times. The subscription in the QIB Category has, however, remained bid less than one time till now, with bids received for 4902780 Equity Shares as against 7500000 Equity Shares reserved for the category

Click here for category-wise bidding status of C Mahendra Exports IPO till Wednesday, January 05, 2011

QIB: 0.65 times
Non-Institutional Investors: 1.24 times
Retail: 1.47 times
Overall: 1.03 times

C Mahendra Exports IPO has been bid 0.92 times on an overall basis till Wednesday, January 05, 2011 1600 hrs IST, as per data available on the NSE website.

The IPO was fully subscribed in the Retail Category till Day 3 of its opening, i.e. till Tuesday, January 04, 2011. The response from the QIB Category was lukewarm till Day 3, when the category was bid just about 0.43 times

Earlier, Credit Rating Agency ICRA had assigned an IPO Grade 2/5 to the upcoming IPO of C Mahendra Exports Ltd. This indicates that as per ICRA, the  company has 'Below Average Fundamentals'. ICRA 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

Trim Plastics Ltd. proposes to enter the capital market with an IPO of about 59,30,000 Equity Shares. The company has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI)

Trim Plastics was founded in 1989 and mainly engages in manufacture of toothbrush products. According to the company's website, the company has been manufacturing toothbrushes for world class brands like Colgate and Cibaca

Stay tuned to Indian IPO Blog for the latest updates on Trim Plastics Ltd. IPO!

Trimax IT Infrastructure and Services is planning to come up with an IPO, for which the company is planning to file a Draft Red Herring Prospectus (DRHP) with Securities and Exchange Board of India (SEBI) in near future

Trimax IT Infrastructure and Services offers a wide array of comprehensive onsite IT services and a Hybrid IT Infrastructure management solution. The hybrid FM solution includes offsite IT offsite IT Infrastructure monitoring along with onsite troubleshooting

Stay tuned for the latest updates on Trimax IT Infrastructure and Services IPO!

QIB: 0.43 times
Non-Institutional Investors: 0.95 times
Retail: 1.03 times
Overall: 0.72 times

C Mahendra Exports IPO has gained moderate response with the IPO been bid 0.72 times on an overall basis till Day 3 of its opening. The IPO has received bids for 10822860 Equity Shares as against a total Issue Size of 15000000 Equity Shares. The IPO is now fully subscribed in the Retail Category

C Mahendra Exports IPO was bid about 0.37 times on an overall basis till the second day, with comparatively keener response from the Retail Category, which was bid 0.75 times or 75% till Day 2 of its opening

C Mahendra Exports Ltd. is a leading diamond and jewellery company. The group is an integrated diamond and diamond jewellery player encompassing sourcing of rough diamonds, trading of rough and polished diamonds, processing of diamonds and manufacture of diamond jewellery

The Price Band for the first IPO opening in 2011, Mid Valley Entertainment Ltd. IPO is fixed at Rs.64/- to Rs.70/- per equity share for shares having a Face Value of Rs.10/- each. The Bid Lot or the minimum order quantity is fixed at 95 Equity Shares and in multiples thereof

Mid Valley Entertainment IPO would remain open for subscription between Monday, January 10, 2011 and Wednesday, January 12, 2011. The Equity Shares are proposed to be listed on the BSE

Mid Valley Entertainment is a multinational Media & Entertainment company operating from Chennai. It produces, distribute and exhibit movies both in Indian and foreign languages

QIB: 0.22 times
Non-Institutional Investors: 0.01 times
Retail: 0.75 times
Overall: 0.37 times

The response to C Mahendra Exports IPO has remained feeble on Day 2, with the IPO getting bid 0.37 times on an overall basis till Day 2 of its opening, as per data available on the NSE website. Retail Category has, however, garnered about 75% subscription till Day 2 of the IPO

C Mahendra Exports IPO had received a lukewarm response on its opening day, with the IPO getting bid 32% on an overall basis. Retail Category, however, was subscribed 60% on the opening day

Earlier, Credit Rating Agency ICRA had assigned an IPO Grade 2/5 to the upcoming IPO of C Mahendra Exports Ltd. This indicates that as per ICRA, the  company has 'Below Average Fundamentals'. ICRA 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

C. Mahendra Exports Ltd. is a leading diamond and jewellery company. The group is an integrated diamond and diamond jewellery player encompassing sourcing of rough diamonds, trading of rough and polished diamonds, processing of diamonds and manufacture of diamond jewellery

Credit Rating Agency ICRA has assigned an IPO Grade 2/5 to the upcoming IPO of C Mahendra Exports Ltd. This indicates that as per ICRA, company has 'Below Average Fundamentals'. ICRA 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

C. Mahendra Exports Ltd. is a leading diamond and jewellery company. The group is an integrated diamond and diamond jewellery player encompassing sourcing of rough diamonds, trading of rough and polished diamonds, processing of diamonds and manufacture of diamond jewellery

Click here to download the ICRA IPO Grading Document for C Mahendra Exports Ltd.

Mid Valley Entertainment IPO Price Band has been fixed at Rs.64/- per equity share at the lower end and Rs.70/- per equity share at the upper end for equity shares, having a Face Value of Rs.10/- each.

Mid Valley Entertainment Ltd., a south based media and entertainment company, is coming up with an IPO for about Rs.60 Crs, which would open for subscription from Monday, January 10, 2011

Mid Valley Entertainment Ltd. is a film production, distribution and exhibition company, actively engaged in the media and entertainment industry in South India. It has presence in the media and entertainment activity from concept to completion i.e. from script to screen. It produces, distributes and exhibits movies both in Indian and foreign languages

Stay tuned for latest updates on Mid Valley Entertainment Ltd. IPO!

The year 2010 has seen as many as 65 IPOs hitting the streets with some rewarding the investors handsomely, while some others disappointing with their performance. While Coal India IPO remains a favorite for many Retail Investors due to the sheer absolute gain reaped, here's a look at the top gainers amongst IPOs in 2010 in terms of percentage gain based on a comparison of Issue Price with Market Prices at the close of 2010

1. Jubilant Food Works IPO
Jubilant Foodworks Ltd. tops the list of gainers based on market price at the close of 2010, Jubilant Foodworks Ltd. which runs the Indian franchise for global fast food chain Domino's Pizza, came up with an IPO in January 2010. The IPO was overbid about 31 times and the Issue Price was fixed at Rs.145/- per share. Jubilant Food Works Ltd. has appreciated marvelously since then with current price of Rs.624.60 - a stunning return of about 331% in a period of about 12 Months

2. Thangamayil Jewellery IPO
Thangamayil Jewellery Limited (TJL), the jewellery retailer in Madurai, comes second on the list with current market price of about Rs.168/- as against an Issue Price of Rs.75/- per share, yielding a hefty return of close to 124% over the Issue Price

3. Talwalkars Better Value Fitness IPO
Talwalkars Better Value Fitness Limited, owner of one of the largest fitness chain in India offering a diverse suite of services including gyms, spas, aerobics and health counseling, came up with an IPO in mid-2010 and received an awesome response with the IPO overbid close to 28 times. The stock has witnessed close to 110% appreciation with the stock currently trading at around Rs.270/- as against an Issue Price of Rs.128/- per share

Tata Autocomp Systems Ltd. is planning to hit the streets with an IPO, for which the company has filed a Draft Red Herring Prospectus (DRHP) with SEBI

According to the company's website, Tata AutoComp Systems Limited, promoted by the Tata Group, provides products and services in the automotive industry to Indian and global customers, including Ashok Leyland, BMW India, Mercedes-Benz India, Eicher Motors, Fiat, Force Motors, Ford India, General Motors India, Hero Honda, Hindustan Motors, Honda Scooters, Honda Siel Cars India Ltd, International Tractors John Deere India, Mahindra and Mahindra, Mahindra Renault, Man Force Trucks, New Holland, Piaggio, Punjab Tractors, Royal Enfield, Skoda, Swaraj Mazda, Tata Motors, Toyota Kirloskar Motor Pvt. Ltd., Tractors and Farm Equipment Limited

Check back Indian IPO Blog for latest updates on Tata Autocomp Systems IPO!