1 vote
Rinku Patodia, MD of First Winner Industries, sees FY09 revenues at Rs 250 crore and profit at Rs 20 crore, EPS at Rs 12.25. He sees FY10 EPS at Rs 20. The current net profit margin is at 8% and it is seen within 810% range.
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1 vote
1 vote
S Kishore of KSK Energy Ventures said that it is finalising tenders for 1800 mw project in Chhattisgarh. He informed that the 1800 MW Chhattisgarh Project will be completed by 2011. He also informed that they are looking at additional equity mobilisation.
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1 vote
Vishal Information Technologies, one among the first few companies to venture in the field of ITES/BPO services and a subsidiary of Tutis Information Technologies proposes to enter the capital markets on 21st July 2008 with a public issue of 27,90,000 Equity shares of Rs 10 each through 100% book building process.
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1 vote
Austral Coke and Projects Ltd, a company engaged in the manufacture of low ash metallurgical (LAM) Coke, on Thursday announced its foray into the capital market with an IPO of 72.6 lakh equity shares of Rs 10 each, reports The Hindu Business Line.
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1 vote
NHPC has filed its draft IPO prospectus with the Securities and Exchange Board of India, or Sebi, for a fresh equity issue of 10%, reports CNBCTV18. The government plans to divest 5% stake in the company.
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1 vote
Austral Coke and Projects is mainly engaged in manufacture of low ash metallurgical coke (LAM Coke). It is also in the business of equipment rental, refractory and textile trading. The company's IPO of 72,60,000 equity shares of Rs 10 each will open for subscription today.
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1 vote
Arun Kumar Jagatramka, MD, Guj NRE Coke, said Austral Coke has made series of misstatements in its prospectus. "Austral has dragged its name as a peer seeking to cashin on Gujarat NREs brand name. Its claim of 3.75 lakh tpa capacity is misleading as it has only two chimneys that can produce only 60,00070,000 tonne of coke," he added.
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1 vote
The IPO by the Austral Coke Projects Limited (AUSTRAL) was fully subscribed on the very first day of the opening. It has received total bids for 81,77,272 equity shares as against the total issue size of 72,60,000 equity shares. The Issue has been subscribed 1.13 times this evening.
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1 vote
1 vote
Resurgere Mines Minerals India, a company engaged in the business of extraction, processing and sale of mineral products and exploration and development of mining assets, will list on the bourses with its equity shares on September 1, 2008.
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1 vote
1 vote
1 vote
Bombay Stock Exchange (BSE) has developed an interface for the banks to participate in the ASBA (Application Supported by Blocked Amounts) process. This new initiative is in the area of IPO payments as proposed by the capital markets regulator, Securities and Exchange Board of India (SEBI).
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1 vote
Chemcel Biotech has opened for subscription with its initial public offering (IPO) of 1,54,00,000 million equity shares of Rs 10 each. Hem Securities has come out with a research report on Chemcel Biotech's IPO. It has recommended investors to ignore the issue.
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