Jindal Cotex IPO gets 62% subscription on second last day
By Administrator
Initial public offering (IPO) of Punjab based Jindal Cotex has been subscribed 62% on day 2. A total of 6,971,850 bids were received out of which 2,082,690 bids were received at the cut-off price.
Uncategorized
August 31st, 2009
Globus Spirits subscribed 11 per cent on its first day
By Administrator
The initial public offer (IPO) of liquor manufacturer Globus Spirits got subscribed 11 per cent on its first day of issue today, with a majority of demand coming from qualified institutional buyers (QIBs).
Globus Spirits Limited | Bid details Date – 31-08-2009
By Administrator
GLOBUS SPIRITS LIMITED – Bid details Date – 31-08-2009
Overall Subscription – 0.11 Times
Jindal Cotex Limited – Bid details Date – 31-08-2009
By Administrator
JINDAL COTEX LIMITED – Bid details Date – 31-08-2009
Overall Subscription – 0.62 Times
Pipavav Shipyard IPO opens on September 17, 2009
By Administrator
Pipavav Shipyard IPO will hit the markets on September 17, 2009.
Domestic roadshow for the IPO will begin next week while book building will take place from Sept. 17-24..
Pre Listing Report NHPC IPO
By Administrator
Bombay Stock Exchange has announced that effective from Tuesday, September 1, 2009, the equity shares of NHPC Limited (Scrip Code:533098) shall be listed and admitted to dealings on the Exchange in the list of ‘B’ Group of Securities.
NHPC Listing Price Expectation
By Administrator
a) It may list around Rs. 40 to Rs. 42 in the volatile market conditions and in the good market conditions it may list around Rs. 42 to Rs. 45.
b) It can see Rs. 50+ level in the short term.
c) Long term investors will get good return from it.
Globus Spirits IPO opens for subscription today
By Administrator
Globus Spirits has opened for subscription with an initial public offering (IPO) of Rs 75 crore. Earlier in 2008, it was scheduled to open its IPO with a price band of Rs 135-148 a share, between February 19-22 and planned to raise Rs 68 crore. The company had withdrawn its IPO due to unfavourable market conditions.
Jindal Cotex IPO gets 41% subscription on second day
By Administrator
Initial public offering (IPO) of Punjab based Jindal Cotex has been subscribed 41% on day 2. A total of 4.60 million bids were received out of which 1.18 million bids were received at the cut-off price.
Jindal Cotex Limited ,Bid details Date – 28-08-2009
By Administrator
JINDAL COTEX LIMITED – Bid details Date – 28-08-2009
| Sr.No. | Category | No.of shares offered/reserved | No. of shares bid for | No. of times of total meant for the category |
| 1 | Qualified Institutional Buyers (QIBs) | 5375000 | 1296000 | 0.2411 |
| 1(a) | Foreign Institutional Investors (FIIs) | 1296000 | ||
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | 0 | ||
| 1(c) | Mutual Funds | 0 | ||
| 1(d) | Others | 0 | ||
| 2 | Non Institutional Investors | 1612500 | 1806750 | 1.1205 |
| 2(a) | Corporates | 866610 | ||
| 2(b) | Individuals (Other than RIIs) | 865170 | ||
| 2(c) | Others | 74970 | ||
| 3 | Retail Individual Investors (RIIs) | 3762500 | 1500750 | 0.3989 |
| 3(a) | Cut Off | 1183860 | ||
| 3(b) | Price Bids | 316890 | ||
| 4 | Employee Reservation | 500000 | 0 | 0.0000 |
| 4(a) | Cut Off | |||
| 4(b) | Price Bids | 0 |