Cox and Kings IPO Subscription Details as of yesterday have not been too encouraging. The Cox and Kings IPO managed a subscription of just under 60% yesterday, the day the IPO opened for subscription. Cox and Kings derives over 90% of its revenues from the leisure sector since it is a travel and tours operator. Investors seem to be skeptical on how this sector would perform considering the ongoing recession. The Cox and Kings IPO has been priced attractively and this fact alone is likely to ensure that the IPO gets oversubscribed by the time it closes for subscription. More updates on the subscription details of Cox and Kings IPO will be updated here. Keep checking this space for Cox and Kings IPO allotment status and also for the Cox and Kings IPO listing date.
First Winner IPO Allotment Status can be cheked online now. The allotment status seems to have been finalised yesterday and uploaded to the registrar’s website. Hence by visiting the First Winner IPO registrar’s website and punching in your ipo application number, you can check the number of shares that have been allotted to you in the IPO. The IPO refund process is underway and a few people seem to have already received the First Winner IPO Refund through ECS.
Anu Lab IPO Allotment Status is available online now. Investors who have applied in the Anu Labs IPO can check their Allotment Status by punching the IPO application number over here. The listing date has not yet been announced officially. Anu Lab IPO has already reached the bank acounts of investors who opted for the ECS refund option. Those who opted for the cheque option will have their cheques delivered through courier in the next few days.
Maytas Infra Limited (MIL), a construction and infrastructure development company, is coming out with an IPO through the 100% book building process. The Maytas Infra Limited IPO opens for subscription on Thursday, september 27, 2007 and closes for subscription on the following Thursday October 04, 2007. Maytas Infra Limited intends to use the funds raised through the IPO for funding and/or purchasing construction equipment, investing in other companies, building an elevated road in Bangalore, commissioning a coal based power generation plant in Orissa and building a coal washery in Chhattisgarh. The increase in balance sheet size post IPO will also help Maytas Infra Limited to pre-qualify for bidding in larger construction and infrastructure development projects. The IPO lot size of Maytas Infra Limited IPO is 18 shares. The price band for the Maytas Infra Limited IPO has been fixed between Rs. 320 and Rs. 370 per share. After the success of Koutons retail IPO and the IPO’s of construction and infrastructure companies like Supreme Infrastructure India Limited IPO (SIIL IPO) and Consolidated Construction IPO (CCCL IPO), the Maytas Infra Limited IPO is bound to do very well. Post IPO, the shares of Maytas Infra Limited IPO will be listed on NSE and BSE. The lead managers for the Maytas Infra Limited IPO are DSP Merrill Lynch Ltd, JM Financial Consultants Pvt Ltd and Kotak Mahindra Capital Co Ltd. The registrar for the Maytas Infra Limited IPO is Karvy Computershare . For updates on the subscription / oversubscription ratio of Maytas Infra Ltd IPO and to know the IPO allotment status, refund details and listing date of Maytas Infra Ltd. IPO, do check this blog regularly.
Maytas Infra Limited Prospectus
For more information, read the Draft Red Herring Prospectus of the Maytas Infra Limited IPO issue.
Circuit Systems India Limited IPO opens for subscription on September 27 2007. Circuit Systems India Limited is a Gujarat based Printed Circuit Board (PCB) manufacturing company. CSIL IPO is a fixed price IPO. The IPO price of the Circuit Systems India Limited IPO is fixed at Rs. 35 per share of face value Rs. 10 each. As per the DRHP, Circuit Systems India Limited would use the proceeds of the IPO to increase its production capacity which would enable Circuit Systems India Limited to meet the future market requirements in both India as well as in international Markets. Centrum Capital is the lead manager for the Circuit Systems India Limited IPO. Circuit Systems India Limited IPO closes for subscription on October 05, 2007. The IPO issue size of Circuit Systems India Limited IPO is about Rs. 15 crores. Post IPO, Circuit Sytems IPO listing will be only on Bombay Stock Exchange (BSE). For Circuit Systems IPO Subscription details, Circuit Systems IPO Allotment date and Circuit Systems India Limited IPO listing date, check this blog regularly.
Consolidated Construction IPO closed for subscription yesterday. From the final subscription statistics, it looks like CCCL IPO would have been a better choice for investors investing for listing gains compared to Koutons retail IPO. This is because in the case of Consolidated Construction IPO allotment will be much higher than Koutons Retail IPO and the total IPO oversubscription is also higher in the case of Consolidated Construction IPO than Koutons retail IPO. Overall Consolidated Construction IPO (CCL IPO) has be oversubscribed by about 81 times compared to 45 times IPO subscription that Koutons retail IPO managed to generate. The institutional investors category in the Consolidated Construction IPO has been oversubscribed by about 117 times while the retail investors category has seen a IPO subscription of about 12.5 times. Retail investors who applied in the Consolidated Construction IPO can expect decent allotment and high listing gains. For updates on the IPO allotment status, refund details and listing date of CCCL IPO, do check this blog regularly.
Supreme Infrastructure India Limited (SIIL), a Mumbai based infrastructure development company, is coming out with an IPO through the 100% book building process. The Supreme Infrastructure India Limited IPO (SIIL IPO) opens for subscription on Friday, september 21, 2007 and closes for subscription on the following Wednesday September 26, 2007. Supreme Infrastructure India Limited intends to use the funds raised through the IPO for funding its expansion plans and to meet its long term capital requirements. The increase in balance sheet size post IPO will also help Supreme Infrastructure India Limited (SIIL) to pre-qualify for bidding in larger construction projects. The IPO lot size of SIIL IPO is 50 shares. The price band for the Supreme Infrastructure India Limited IPO (SIIL IPO) has been fixed between Rs. 95 and Rs. 108 per share. Supreme Infrastructure India Limited (SIIL) is currently working on laying various National Highways. Supreme Infrastructure India Limited (SIIL) has also bagged the prestigious Kurla-Thane railway line expansion project which is funded by the world bank. Post IPO, the shares of Supreme Infrastructure India Limited IPO (SIIL IPO) will be listed on NSE and BSE. The lead manager for the SIIL IPO is Karvy Investor Services Ltd. The registrar for the SIIL IPO is Bigshare. For updates on the subscription / oversubscription ratio of Supreme Infrastructure India Ltd IPO and to know the IPO allotment status, refund details and listing date of Supreme Infrastructure India Ltd. IPO, do check this blog regularly.
Supreme Infrastructure India Limited IPO – SIIL IPO Prospectus
For more information, read the Draft Red Herring Prospectus of the Supreme Infrastructure India Limited IPO – SIIL IPO issue.
Consolidated Construction IPO (CCCL IPO) and Koutons Retail IPO open for subscription today. With the secondary markets doing well and recent IPO listings, listing at a good premium, both Consolidated Construction IPO (CCCL IPO) and Koutons Retail IPO are likely to do well. Both these IPO’s will be followed closely covered in detail in this website.
Consolidated Construction Consortium Limited (CCCL), a Chennai based company which is a leading provider of construction services in the industrial, commercial, infrastructure and residential sectors in India, is coming out with an IPO through the 100% book building route. The Consolidated Construction Consortium Limited IPO (CCCL IPO) opens for subscription on Tuesday, september 18th 2007 and closes for subscription on friday september 21, 2007. Consolidated Construction Consortium Limited intends to use the funds raised through the IPO for financing its capital expenditure, for investing in its subsidiaries, starting a developemnet center and to retire high cost loans. The IPO lot size of CCCL IPO is 12 shares. The Consolidated Construction Consortium Limited IPO (CCCL IPO) opening and closing dates clash with those of another excellent IPO – the koutons retail IPO. I personally feel that investors with limited funds will choose to apply in the koutons retail IPO and give Consolidated Construction Consortium Limited IPO (CCCL IPO) a miss. The price band for the Consolidated Construction Consortium Limited IPO (CCCL IPO) has been fixed between Rs. 460 and Rs. 510 per share. Post IPO, the shares of Consolidated Construction Consortium Limited IPO (CCCL IPO) will be listed on NSE and BSE. The lead managers for the CCCL IPO are Enam, Kotak and Spark Capital. The registrar for the CCCL IPO is Karvy. For updates on the subscription / oversubscription ratio of Consolidated Construction Consortium Ltd IPO and to know the IPO allotment status, refund details and listing date of Consolidated Construction Consortium Ltd. IPO, do check this blog regularly.
Consolidated Construction Consortium Limited IPO – CCCL IPO Prospectus
For more information, read the Draft Red Herring Prospectus of the Consolidated Construction Consortium Limited IPO – CCCL IPO Issue.
The Power Grid IPO closed for subscription yesterday. Power Grid IPO is one of those few IPO’s where investors, after looking at the final subscription details, would kick themselves saying “how did I miss out on the Power Grid IPO” or “why the hell didn’t I apply for more shares”. The retail investor category was subscribed by just 6.75 times (oversubscribed by 5.75 times). This will ensure high allotment to retail investors who applied in the Power Grid IPO. However, the institutional investors category has been subscribed by a whooping 116 times (oversubscribed by about 115 times). This will ensure that listing gains at the time of listing of Power Grid IPO will be huge. So high allotment coupled with high listing gains will provide excellent returns for retail investors who applied in the Power Grid IPO. Overall, the Power Grid IPO has been subscribed by 65 times. Good luck to all investors who apllied in the Power Grid IPO. For updates on the IPO allotment status, refund details and listing date of Power Grid IPO, do check this blog regularly.
The Dhanus Technologies IPO closed for subscription today. Dhanus Technologies IPO has got the timing right and has benefitted hugely from the surge in the secondary capital markets in India. Overall, the Dhanus Technologies IPO was subscribed by about 28 times (oversubscribed 27 times). Had the Dhanus Technologies IPO opened for subscription a few weeks earlier when the global markets were hit by the subprime crisis, I doubt whether Dhanus Technologies IPO would have been subscribed by even half of what it has been subscribed now. Allotment will be very low for retail investors since the retail investor category in the Dhanus Technologies IPO has been heavily oversubscribed. Retail investors who are lucky enough to get allotment are likely to make high returns in the Dhanus Technologies IPO since, though allotment will be low, Dhanus Technologies is likely to list at a decent premium to its IPO issue price because of good institutional oversubscription. Because of heavy allotment, net returns will be boosted. Good luck to all investors who applied in the Dhanus Technologies IPO. For updates on the IPO allotment status, refund details and listing date of Dhanus Technologies IPO, do check this blog regularly.
The Kaveri Seed IPO closed for subscription today. Overall, the Kaveri Seed IPO was subscribed by about 4.5 times (oversubscribed 3.5 times). The retail investor category in the Kaveri Seed IPO got subscribed by less than 3.5 times (oversubscribed by 2.26 times). Institutional investor category in the Kaveri Seed IPO has been subscribed by about 5.6 times (oversubscribed around 4.6 times) and the High Networth Individual category has been subscribed by over 5.04 times (oversubscription ratio : 4.04 times). Allotment will be high for retail investors since the retail investor category in the Kaveri Seed IPO has not been heavily oversubscribed. Retail investors are likely to make high returns in the Kaveri Seed IPO since allotment will be heavy and the IPO is likely to list at a decent premium because of good institutional oversubscription. Because of heavy allotment, net returns will be boosted. Good luck to all investors who apllied in the Kaveri Seed IPO. For updates on the IPO allotment status, refund details and listing date of Kaveri Seed IPO, do check this blog regularly.
Koutons Retail India Limited IPO : Koutons Retail India Limited, one of the largest Indian retailers of men’s apparels, is coming out with an IPO through the book building route. The Koutons Retail India Limited will open for subscription on September 18, 2007 and close for subscription on September 21, 2007. Koutons Retail India Limited is a private equity funded company. In July 2006, Koutons Retail India Limited had raised a private equity funding of Rs. 27 crores from UTI Ventures. Koutons Retail India Limited would use the funds from the IPO for expansion purposes. Post IPO, the shares of Koutons Retail India Limited will be listed on the stock exchange, Mumbai (BSE) and the National Stock Exchange (NSE). The lead manager for Koutons Retail India Limited IPO is JM Morgan Stanley Private Limited. The registrar for the Koutons Retail India Limited IPO is Intime Spectrum Registry Ltd. For updates on the subscription / oversubscription ratio of Koutons Retail India Ltd IPO and to know the allotment status, refund details and listing date of Koutons Retail India Ltd. IPO, do check this blog regularly.
Koutons Retail India Limited IPO Prospectus
For more information, read the Draft red herring prospectus of the Koutons Retail India Limited IPO Issue.
Dhanus Technologies IPO opens for subscription on 10th september 2007 and will close for subscription on 12th september 2007 The Dhanus Technologies IPO which will remain open for subscription only for a period of 3 days is expected to raise about 110 crores. The company management and the investment bankers have been brave enough to fix the subscription dates of the IPO on the same time when the bigger IPO of Power grid corporation will open for subscription. This has been done before by vishal retail, the IPO of which opened at the same time when the DLF IPO opened for subscription. However Vishal retail IPO managed to steal the show form the DLF IPO and was very succesful. Let’s wait and watch if the Dhanus Technologies IPO is able to emulate the same feat that Vishal Retail IPO did. For updates on the subscription / oversubscription ratio of Kaveri Seed Company Ltd IPO and to know the IPO allotment status, refund details and listing date of Kaveri Seed Company Ltd. IPO, do check this blog regularly. For updates on the subscription / oversubscription ratio of Dhanus Technologies IPO and to know the IPO allotment status, refund details and listing date of Dhanus Technologies IPO, do check this blog regularly.
Magnum Ventures IPO closed for subscription yesterday. Though the subscription figures were not that great the Magnum Ventures IPO managed to sail through. Overall, the Magnum Ventures IPO was subscribed by 2.95 times (oversubscribed 1.95 times). The retail investor category in the Magnum Ventures IPO got subscribed by less than 3.5 times (oversubscribed by 2.38 times). Institutional investor category in the Magnum Ventures IPO has been subscribed by about 2.35 times (oversubscribed around 1.35 times) and the High Networth Individual category has been subscribed by over 4 times (oversubscription ratio : 3 times). Allotment will be high for retail investors since the retail investor category in the Magnum Ventures IPO has not been heavily oversubscribed. However, retail investors are likely to make low returns in the Magnum Ventures IPO since, even though the allotment will be high, Magnum Ventures IPO is likely to list at a very low premium. Magnum Ventures IPO might even provide listing losses if the market sentiment is bad during the time of its listing. Good luck to all investors who apllied in the Magnum Ventures IPO. For updates on the IPO allotment status, refund details and listing date of Magnum Ventures IPO, do check this blog regularly.