IL&FS Transportation Networks IPO Subscription Details presents an encouraging picture. Looks like investors are lapping up IPO issues nowadays. This is a good news since after the Reliance Power IPO, a lot of investors lost faith in applying in IPO’s for listing gains. But looking at the subscription details of IL&FS Transportation Networks IPO and other IPO’s which have closed in the recent past, it appears that the investors confidence in IPO’s has been restored. Almost all the IPO’s are getting heavily oversubscribed these days and the case of IL&FS Transportation Networks IPO is no different. If you are looking for listing gains, you should apply in the IL&FS Transportation IPO. More detail about the IL&FS IPO including the listing date, allotment status of IL&FS Transportation Networks IPO and subscription details will be updated here on a regular basis. So do check back here often to know up to date details regarding the IL&FS Transportation Networks IPO.
NMDC IPO Subscription Details as of today look pretty good. The NMDC IPO has almost fully subscribed with still one day remaining before the IPO closes for public subscription. NMDC IPO Allotment appears to be pretty decent as of now considering the fact that the retail investors category of NMDC IPO has not yet been fully subscribed. NMDC IPO Allotment Status will be available in a few days time. The link to check the NMDC IPO Allocation details and allotment status will be posted here as soon as it has been released by the registrar managing the NMDC IPO.
Even though the real estate sector is performing horribly both domestically as well as at a global level, the DB Realty IPO seems to have gone well with investors; at least that is what a look at the current DB Realty IPO Subscription Details suggests. DB Realty IPO Subscription figures show a healthy demand for the shares of D B Realty limited from Qualified Institutional Buyers especially from FIIs. The retail investor response has so far been very poor but it is likely that retail investors will take a cue from the FIIs and submit their bids for the DB Realty IPO either on Monday or Tuesday. If you are still undecided on whether to apply for the DB Realty IPO or not, I suggest you wait till Tuesday afternoon before making your decision. If the IPO oversubscribes by more than 3 times by them, one can apply in the DB Realty IPO confidently. For updates on the DB Realty IPO Subscription Details, DB Realty IPO Allotment status and DB Realty IPO Listing date do watch this space in the near future.
While checking the Aqua Logistics IPO Subscription Details, one thing stands out clearly – the lack of interest from Qualified Institutional Buyers. There has not been a single bid made from Domestic Financial Institutions and mutual funds while the FII interest in the IPO seems pathetic as well. The Aqua Logistics IPO is scheduled to close on Tuesday Feb 02, 2010. So the Aqua Logistics IPO will be open for 2 more trading sessions and the subscription details at the end of Tuesday might look much better. But it is advisable to exercise caution and avoid this IPO, given the uncertainty over the local as well as global market conditions at the moment. Aqua Logistics IPO has received fairly good Subscription interest from retail investors but without institutional investor interest in the IPO, the listing gains might not be good enough to justify taking the risk of investing in this IPO. If you would like updates on Aqua Logistics IPO Subscription Details, Aqua Logistics IPO allotment status and Aqua Logistics IPO listing date, do keep checking this space.
A look at JSW Energy IPO Subscription Details as of Monday night looks pretty encouraging. The JSW Energy IPO has oversubscribed on the very first day of subscription. Riding on the back of huge Institutional Investor interest, the JSW IPO has subscribed 1.25 times the IPO issue size. This might serve as an indication that JSW Energy Limited scrip is likely to list at a premium to its IPO issues price. For more details on the JSW Energy IPO allotment details, listing date, allocation details do keep checking this space often. I will try and provide updates on the JSW Energy IPO Subscription details as and when possible.
Cox and Kings IPO Allotment Status has not yet been announced. The allotment details of Cox and Kings IPO is likely to be announced within the next few days. As soon as the IPO allotment details have been announced, it will be updated here. Cox and Kings IPO Allocation for retail investors will be 100% since the IPO has been under-subscribed in the retail investors segment. Whether full allotment is a boon or bane will be know once cox and kings gets listed on the stock markets. As of now, it is expected that the listing price would be higher than the issue price because of the decent Institution investor interest in the IPO. More details on the Cox and Kings IPO Listing Date and the Listing price will be updated here soon.
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.
OIL INDIA LIMITED is coming out with an IPO which opens for subscription on Sep 07, 2009. The IPO issue size is 26449982 equity shares each having a face value of Rs. 10. All OIL India IPO Details such as the IPO Allotment Status, OIL India IPO Listing Date and IPO subscription details will be updated here. So do keep checking this space often to keep your self abreast of all OIL India IPO Details.
These are the final Resurgere Mines and Minerals IPO Subscription Details. The IPO managed to full subscribe and notched up an overall subscription of 1.15 times on the final day of subscription. Till the last hour, there were doubts as to whether this IPO will manage to fully subscribe. Buit with the hel of the late applications coming in from retail investors, the IPO managed to full subscribe. However, since the subscription is not heavy, the listing gains will be minimal.
Vishal Information Technologies IPO subscription is scheduled to open on Monday, July 21, 2008. I do not understand the rationale behind the promoters deciding to go ahead with the IPO under the current scenario where the market is tanking almost every day and the sentiments among investors is at a record low. However, since the pricing of the IPO is extremely attractive, the promoters and merchant bankers managing the issue are probably hopeful that the issue will sail through. Vishal Information Technologies IPO price band has been fixed between Rs. 14o and Rs. 150 per share of face balue Rs. 10 each. The market lot is 40 shares and the IPO is scheduled to close for subscription on July 24, 2008. Though the pricing of the IPO is attractive, I’m planning to gibe this IPO a miss considering the current market conditions.
Birla Cotsyn IPO Subscription Details paint a sorry story. The once booming Indian IPO market has become totally dull and lacklustre now. Birla Cotsyn IPO has not even managed to get a subscription of one fourth of its total IPO issue size. With the markets tanking almost everyday, the going is likely to be tough for Birla Cotsyn (India) Limited to get the IPO through. Birla Cotsyn IPO is likely to see a slash in price band and an extension in the IPO subscription period. At present the IPO price band has been fixed at Rs. 15 to Rs. 18 per share of face value Rs. 10 each.
KSK Energy Ventures IPO subscription is scheduled to open on 23 June, 2008. KSK Energy Ventures had recently raised a private equity funding of 415 crores by means of a Pre IPO placement. KSK Energy Ventures is a subsidiary of KSK Power Ventures which is AIM listed company. The pre IPO placement was done at a price of Rs. 240 per share of face value Rs. 10 each. The price band for the KSK Energy IPO has been fixed between Rs. 240 to Rs. 255 per share which is the price at which the private equity funds were allotted shares during the price of the IPO. KSK Energy IPO is scheduled to close for subscription on 25 June, 2008. More details on the KSK Energy IPO will be posted here soon.
Somi Conveyor Beltings IPO opens for subscription on June 24, 2008. With the IPO’s that opened for subscription last week not faring too well, in terms of the subscription interest that they have managed to generate among various classes of investors, it would be interesting to see the performance of the Somi Conveyor Beltings IPO. Somi Conveyor Beltings IPO price has been fixed at Rs. 35 per share of face value Rs. 10 each. The IPO is a fixed price IPO which means the IPO allotment process will take a much longer time when compared to that of book building IPO’s. Somi Conveyor Beltings IPO closes for subscription on June 27, 2008.
Mondkar Computers is the registrar for the IPO while Ashika Capital is the lead manager of the IPO. Both the registrar and the lead manager of Somi Conveyor IPO seem to be new. Let’s hope they can handle the IPO issue well and manage to get the IPO issue oversubscribed.
The First Winner IPO has been extended since the IPO has not been fully subscribed. When the IPO market closed today, first winner IPO was subscribed by only 0.75 times the IPO issue size. Though the institutional investors category seems to have just about fully subscribed, the retail investors category as well as the Non Institutional Investors category has received very poor response from investors. Due to the IPO turning out to be undersubscribed on the scheduled closing, the registrar for the First Winner Industries IPO has informed the stock markets that the IPO subscription will now be extended till 17 June, 2008. The price band for the IPO was reduced to Rs. 115 – Rs. 125 per share of face value Rs. 10 each. Hopefully, the IPO will be go through after the reduction of the price band.
First Winner IPO Subscription as of 2 PM today looks very dismal to say the least. But this was expected with the markets tanking big time yesterday. With Dow, Nasdaq and most of european and asian markets tanking, First Winner IPO might find the going tough this week. A closer look at the First Winner IPO Subscription reveals the fact that there is not a single bid received from the QIB’s as of now. More updates on the subscription details of various IPO’s that are open for subscription this week, will follow shortly.