The market regulator, SEBI (Securities & Exchange Board of India) has okayed Indiabulls Power’s IPO (initial public offering). This subsidiary of Indiabulls Realty is expected to raise around Rs 2,000 crore.

Thinksoft Global Services Bid details, Sep 29, 2009

Overall Subscription – 0.92 Times

Oil India Listing Price Expectation

a) It may list around Rs. 1100 in the good market conditions.
b)It can see the intraday levels of Rs. 1125 or more.
c) Investors with long-term perspective will get good return.

Shares in Oil India are expected to rise 5 to 7 percent on debut on Wednesday following lukewarm starts by two recent large listings, although traders said firm demand for the stock should help it hold on to gains.

After receiving remarkable response from the investors, Oil India (OIL) will list on the exchanges on September 30, 2009, Wednesday. It has fixed its issue price at Rs 1,050/share.

Emmbi Polyarns has planned an initial public offering (IPO) of 95.74 lakh equity shares of Rs 10 each. It has filed draft red herring prospectus (DRHP) with the market regulator Securities & Exchange Board of India (SEBI).

Grading agency, Credit Analysis & Research CARE has assigned a `CARE IPO Grade 2` to the proposed Initial Public Offer (IPO) of Astec LifeSciences (ALSL). The grading indicates below-average fundamentals.

CARE has assigned a `CARE IPO Grade 4` to the proposed initial public offer (IPO) of Cox & Kings (India), indicating above average fundamentals.

Thinksoft Global Services Ltd Bid details – Sep 25, 2009

Overall Subscription – 0.63 Times

Anil Ambani group firm Reliance Communications on Thursday said its telecom tower subsidiary Reliance Infratel has filed the draft prospectus for its initial public offer with market regulator SEBI.

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