MBL infrastructures Limited Bid details 30-11-2009
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MBL infrastructures Limited Bid details Date 30-11-2009
Overall Subscription : 0.46 Times
Reliance Life to offer 10-15% stake to global insurer before IPO
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Reliance Life Insurance is aiming for a strategic placement of up to 10%-15% of its equity capital with a multinational insurer ahead of its proposed initial public offering (IPO). The IPO is expected to open only in the first quarter of the next fiscal.
Emaar MGF Land IPO may be delayed
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The proposed initial public offering (IPO) from Emaar MGF Land, a joint venture between Dubai-based Emaar Properties PJSC and MGF Development of India, may be delayed following the Dubai government’s announcement on Wednesday that it would restructure the debt of its crown jewel, Dubai World.
Cox and Kings India fixed a price of 330 rupees a share
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Travel operator Cox and Kings (India) Ltd has fixed a price of 330 rupees ($7.07) a share for its initial public offering, a company statement said on Saturday.
MBL infrastructures Limited Bid details 27-11-2009
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MBL infrastructures Limited Bid details 27-11-2009
Overall Subscription – 0.11 Times
| 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) | 1960000 | 0 | 0.0000 |
| 1(a) | Foreign Institutional Investors (FIIs) | 0 | ||
| 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 | 840000 | 447335 | 0.5325 |
| 2(a) | Corporates | 391090 | ||
| 2(b) | Individuals (Other than RIIs) | 56245 | ||
| 2(c) | Others | 0 | ||
| 3 | Retail Individual Investors (RIIs) | 1960000 | 59710 | 0.0305 |
| 3(a) | Cut Off | 55405 | ||
| 3(b) | Price Bids | 4305 | ||
| 4 | Employee Reservation | 100000 | 9730 | 0.0973 |
| 4(a) | Cut Off | 2205 | ||
| 4(b) | Price Bids | 7525 |
MBL Infrastructures Subscription Expectation
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MBL Infrastructures Subscription Expectation
MBL Infrastructures may subscribe 1 to 2 times in the Retail Category. HNI and QIB subsctiption will be better than Retail Category. Long Term Investors will get good return from it.
MBL Infrastructures gets Rs 75 million from Reliance Infrastructure
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Construction firm MBL Infrastructures said on Thursday it has received Rs 75 million as anchor investment from Reliance Infrastructure. The firm also received a similar investment from GMO fund.
MBL Infra IPO Opens Today
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MBL Infrastructures, an infrastructure and construction and project development company, announced that its Rs. 103 crore initial public offering (IPO) will open on Friday. The price band for the 57 lakh shares issue has been fixed at Rs. 165-180.
Astec Lifesciences closed at Rs 83.90, a premium of 2.3% on debut
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Astec Lifesciences has witnessed good buying interest on the first day. It closed at Rs 83.90, a premium of 2.3% over its issue price of Rs 82 on the BSE. The share has touched an intraday high of Rs 90.70 and low of Rs 80. It traded with volumes of 1,22,60,573 shares.
Astec Lifesciences Listing Price Expectation
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Astec Lifesciences Listing Price Expectation
It may list around Rs. 85 to Rs. 87.
Big operators are active in this script.
It can see Intraday levels of Rs. 100 to Rs. 105.
Sooner or Later it will go into discount so investors should book profit at higher levels.

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November 30th, 2009