Thanga Mayil Jewellery IPO to open on Jan 27

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Thangamayil Jewellery is coming out with an initial public offering (IPO) of Rs 28.75 crore on January 27, 2010. The price band for the issue has been fixed at Rs 70-75 per equity share. The issue will close on January 29.

The company intends to use issue proceeds for expansion of existing business by establishing retail [...]

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Aqua Logistics IPO opens for Subscription

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As we updated in a previous article “Aqua Logistics to raise Rs 150cr; IPO to open on Jan 25” regarding Aqua logistics IPO coming to the market, the initial public offering (IPO) of Rs 150 crore of Mumbai based Aqua Logistics has opened for subscription today.
The price band is fixed at Rs 220-230 per share. A discount [...]

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Jubilant FoodWorks IPO subscribed 31.11 times

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The second initial public offering (IPO) of the year 2010, Jubilant FoodWorks, the Domino’s business operator in India, has been received tremendous response from investors, especially from qualified institutional investors. The issue has been subscribed 31.11 times so far, as per data available on the NSE website.
Qualified institutional investors‘ reserved portion subscribed 59.39 times followed by [...]

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Oberoi Constructions files papers for IPO with SEBI

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Real estate company Oberoi Constructions filed its draft red herring prospectus (DRHP) today with the Securities Exchange Board of India (SEBI), according to the sources.
According to the sources, the company, proposes to raise Rs 1,500 crore via an initial public offer (IPO) and the promoters may divest 11-12% stake via this issue. Oberoi Constructions is [...]

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Aqua Logistics to raise Rs 150cr; IPO to open on Jan 25

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Mumbai based Aqua Logistics is coming out with an initial public offering (IPO) to collect Rs 150 crore from the markets. The issue will open for subscription on the January 25, 2010 and will close on January 28, 2010. The price band is fixed at Rs 220-230 per share.
The company intends to use the issue [...]

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Den Networks IPO opens for Subscription

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The initial public offering (IPO) of Den Networks has opened for subscription today. The issue is of up to 20,000,000 equity shares of Rs 10 each. The issue will close on October 30, 2009. The company has fixed price band between Rs 195-205/share.
The issue comprises a net issue to the public of up to 19,750,000 [...]

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Pipavav Shipyard issue priced at Rs 58/sh; listing on Oct 9

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India?s largest dockyard Pipavav Shipyard will list its equity shares issued via public issue on October 9, 2009. It has fixed its issue price at Rs 58.
The IPO was subscribed almost 9 times. Building India?s largest dry dock and world class multi-sector fabrication facility, Pipavav Shipyard hit the capital market on September 16 and closed [...]

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Thinksoft Global IPO subscribed 2.57 times

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The initial public offering (IPO) of Thinksoft Global Services was subscribed 2.57 times as per the NSE website. The issue received total bids for 93,70,900 shares against its issue size of 36,46,000. The issue was scheduled to close on September 24 but was extended due to lukewarm response from investors. The company had also reduced [...]

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Indiabulls Power IPO to open on Oct 12

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According to the sources, the initial public offering (IPO) of Indiabulls Power, a subsidiary of Indiabulls Realty will open for subscription on October 12, 2009 and will close on October 15, 2009.
From this issue, the company is expected to raise around Rs 2,000 crore.
The proceeds of the issue will be used to part finance the [...]

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Glenmark to raise Rs 575cr: Sources

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Glenmark Generics filed a draft red herring prospectus (DRHP) yesterday, according to the sources. Glenmark Pharma would raise Rs 575 crore via Glenmark Generics initial public offer (IPO). The issue values Glenmark Generics at Rs 5,000 crore.
This is sourced based information and we get to hear that, the company will raise Rs 575 crore through [...]

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Thinksoft IPO Price band reduced

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Thinksoft Global Services has extended its initial public offering (IPO) closing date to October 1, 2009 from the earlier decided date, September 24, due to a lukewarm response from investors, especially qualified institutional investors (QIBs). It also reduced its IPO price band to Rs 115-125 from the earlier Rs 120-130 per share.
Commenting on this development, [...]

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Reliance Infratel files IPO papers

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Anil Dhirubhai Ambani Group (ADAG) company and subsidiary of Reliance Communications, Reliance Infratel, has filed for the draft red herring prospectus (DRHP) for an initial public offering (IPO) of 15.6 crore shares with the SEBI (Securities and Exchange Board of India).
The offer will be constituted 10.05% of the fully diluted post issue paid-up capital of [...]

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