Mundra Port and Special Economic Zone, India's largest nongovernment cargo terminal, has listed at Rs 770, a premium of 75% over its offer price of Rs 440 and touched a high of Rs 1050 on the NSE.
read more »
Edelweiss Capital, a diversified financial services company, is entering the capital market with its IPO of 8,386,147 equity shares of Rs 5 each. SKP Securities has come out with a report on Edelweiss Capital IPO. The firm has recommended subscribe to the issue.
read more »
Rathi Bars is tapping the capital market to raise Rs 25 crore. The issue opens for subscription on October 18 and closes on October 23. The company plans to offer 71.4 lakh shares or about 43.74% of postissue equity.
read more »
Consolidated Construction Consortium (CCCL), a provider of integrated turnkey construction services, has listed at Rs 801, a premium of 57% over its offer price of Rs 510 on the BSE.
read more »
SP Tulsian of sptulsian.com feels that Consolidated Construction is quite richly valued or overpriced at current levels. The share is now ruling at a PE multiple of more than 40 on FY08 EPS.
read more »
Maytas Infra, a construction and infrastructure development company, is open for subscription with an initial public offering of 88.5 lakh equity shares of Rs 10 each. Here is a quick look at its issue.
read more »
Maytas Infra, a construction and infrastructure development company, is open for subscription with an initial public offering of 88.5 lakh equity shares of Rs 10 each for cash at a price to be decided through a 100 per cent book building process.
read more »
Koutons Retail India is open for subscription with an initial public offer of 35.24 lakh equity shares in the band of Rs 370415 a share. First Global believes that the risks are high due to its high inventory level of 93% of top line and 100% of capital employed in FY07.
read more »
Koutons Retail India has been subscribed subscribed 3.99 times. Public issue received bids for 1.4 crore shares including bids for 10.59 lakh shares at cut off price.
read more »
Magnum Ventures closed at Rs 48.20, up 60.67%, with volumes of 2.96 crore shares on the NSE. The turnover was at Rs 164.72 crore. The stock has witnessed 68 bulk deals on the bourses, including 43 on NSE and 25 on BSE.
read more »
Puravankara Projects, south based real estate player, will list on the bourses with 21,34,24,335 shares on August 30, 2007.
read more »
The government on Thursday deferred a decision on the public sale of 10% of staterun Oil India Ltd, a minister said. "It has been postponed as the (Oil) minister was not there," Finance Minister Palaniappan Chidambaram told reporters after a cabinet meeting.
read more »
Take Solutions, an international business technology company with a focus on life sciences and supply chain management solutions, will list on the bourses with 1,20,00,000 shares on Monday, August 27, 2007.
read more »
Indowind Energy is open for subscription with initial public offering (IPO) of Rs 81.25 crore. The issue closes on August 24.
read more »
Market regulator SEBI has sought clarifications from merchant bankers of National Hydroelectric Power Corporation on its draft IPO prospectus, while the offer document of Power Grid Corporation is still being examined.
read more »