Wockhardt Hospitals IPO Subscription opens on Thursday, January 31, 2008. Wockhardt Hospitals IPO price band has been fixed at Rs. 280 to 310 per share. Wockhardt Hospitals is likely to emerge as the market leader since its much bigger in sheer balance sheet size when compared to Apollo Hospitals and Fortis Healthcare. Wockhardt Hospitals Limited is a part of the Wockhardt Group which already has two group companies listed and traded on the Indian stock markets. Wockhardt Hospitals IPO Subscription closes on Tuesday, February 05, 2008. Post IPO, Wockhardt Hospitals Limited will be listed on both the NSE and the BSE. Wockhardt Hospitals IPO Subscription Details and Wockhardt Hospitals IPO Allotment Status will be available here Hence do keep checking this space often.
SVEC Constructions IPO Subscription starts on Monday, February 04, 2008. SVEC Constructions IPO price band has been fixed at Rs. 85 to Rs. 95 per share. SVEC Constructions Limited is based out of Hyderabad and has a lot in common with IVRCL infrastructure. Both these companies specialise in irrigation related projects. SVEC Constructions IPO Subscription closes on Friday, February 08, 2008. The funds raised from the IPO will be used by SVEC Constructions for expansion purposes as well as regular business purposes. More information regarding SVEC Constructions IPO, including the SVEC Constructions IPO subscription details as well as the SVEC Constructions IPO allotment status will be updated here.
Tulsi Extrusions IPO Subscription opens on Friday, February 01, 2008. Tulsi Extrusions IPO price band has been fixed at Rs. 80 to Rs. 85 per share. Tulsi Extrusions Limited is a leading Indian manufacturer of PVC pipes. The PVC pipes manufactured by Tulsi Extrusions Limited are marketed under the popular brand name Tulsi. Post IPO, the shares of Tulsi Extrusions Limited will be listed on both the NSE and the BSE. Almondz Global Securities is the lead manager for Tulsi Extrusions IPO. Tulsi Extrusions IPO is a pretty small IPO and hence it is likely to be heavily oversubscribed making the allotment hances of Tulsi Extrusions IPO very low. For Tulsi Extrusions IPO Subscription details and Tulsi Extrusions IPO Allotment Status, do check this space often.
Shriram EPC IPO Subscription Dates have been announced today. Shriram EPC IPO Subscription opens on Tuesday, January 29, 2008. Shriram EPC IPO price brand has been fixed at Rs. 290 to Rs. 330 per share. Kotak Mahindra, ICICI Securities and Motilal Oswal are the lead managers to the Shriram EPC IPO. Post IPO, the shares of Shriram EPC Limited will be listed on both the NSE and the BSE. Shriram EPC IPO Subscription closes on Friday, February 01, 2008. More details on the Shriram EPC IPO including updates on the Shriram EPC IPO Subscription Details and the Shriram EPC IPO Allotment status will be available here.
Bang Overseas IPO is scheduled to open for subscription on Monday, January 28, 2008. Bang Overseas IPO price band has been fixed at Rs. 200 to Rs. 207 per share. Batlival & Karani Securities is the lead manager for the Bang Overseas IPO. Intime Spectrum is the registrar for the IPO. Bang Overseas IPO closes for subscription on Thursday, January 31, 2008. Bang Overseas IPO subscription details and Bang Overseas IPO allotment status will be made available in this site.
KNR Construction IPO Subscription is scheduled to open next week. KNR Construction IPO opens for subscription on Thursday, January 24, 2008. KNR Construction IPO price band has been fxed at Rs. 170 to Rs 180 per share. The lead managers managing the KNR Construction IPO as well as the promoters of KNR Construction Limited would be hoping that the bloodbath on the global markets stops and the markets start recovering from tomorrow. KNR Construction IPO will close for subscription on Tuesday, January 29, 2008. OnMobile Global IPO also opens for subscription and closes for susbcription on the same dates. KNR Construction IPO Subscription details and KNR Construction IPO allotment status will be updated here.
Cords Cable IPO Subscription figures as of today look not very promising. Cords Cable IPO hit the markets exactly when the markets started to crash and hence the IPO has been affected. Overall, Cords Cable IPO has subscribed 0.01 times. Not a single share has been subscribed by institutional investors. If the market does not recover from here on, Cords Cable IPO might have to be extended and the price band reduced. More updates on Cords Cable IPO Subscription will follow shortly. Cords Cable IPO Allotment Status will also be updated here once it is announced. Hence do check this blog frequently.
OnMobile Global IPO Subscription Dates have been fixed last week. OnMobile Global IPO will open for subscription on Thursday, January 24, 2008. OnMobile Global IPO price band has been fixed at Rs. 425-450 per share. Through the IPO, OnMobile Global Limited will dilute issue shares consisting of 19% of the post IPO paid up capital of the company. OnMobile Global IPO closes for subscription on Tuesday, January 29, 2008. With the market crashing heavily there are rumours of OnMobile Global IPO getting postponed till the market stabilises. Deutsche Equities and ICICI Securities are the lead managers for the OnMobile Global IPO. More updates on the OnMobile Global IPO including the OnMobile Global IPO Subscription Details and OnMobile Global IPO Allotment Status will be updated here in the course of the IPO.
Reliance Power IPO has beat all street expectations by subscribing over 13 times with still two days left for the Reliance Power IPO subscription to close. Infact, Reliance Power IPO has been causing problems to lots of online broking sites which went down due to the rush in investors to the sites to apply in the Reliance Power IPO online. Sharekhan’s server had problems for the whole day. When I tried to apply in the Reliance Power IPO online through sharekhan, my fund transfer failed. The funny thing was, my funds were moved out of my ICICI Bank account but were not credited in the sharekhan account. As I recall, on the closing day of subscription of the DLF IPO, NSE site went down since lakhs of investors accessed the site to check the subscription details. Reliance Power IPO has already been subscribed quite heavily in all categories. For such a mega IPO to see this kind of subscription figures on the antipenultimate day of subscription, is just amazing. Investors can apply in the Reliance Power IPO at cut off for decent listing gains. Reliance Power IPO Listing is likely to be at a huge premium to the IPO issue price going by both the subscription interest as well as the grey market premium. Apply aggressively in the Reliance Power IPO for listing gains, using the payment option 1. Since the retail category in the Reliance Power IPO has been subscribed 4 times, the shares will be fully paid up, with the refund amount being adjusted for the balance payment. More details about Reliance Power IPO listing price will be posted here in a few days time.
J Kumar IPO opens for subscription on January 18, 2008. J Kumar IPO price band has been fixed at Rs. 110 to Rs. 120 per share of face value Rs. 10 each. Post IPO, the shares of J Kumar Infraprojects Limited will be listed on both the NSE and the BSE. The IPO lot size is 55 shares. Anand Rathi Securities is the lead manager for the J Kumar Infraprojects IPO. J Kumar Infraprojects IPO Subscription will close on January 23, 2008. More details on J Kumar IPO including J Kumar IPO subscription details and J Kumar IPO allotment details will be updated here as and when they are available.
Future Capital IPO has been subscribed by over 27 times on the penultimate day of the IPO subscription. Future Capital IPO will close for subscription tomorrow. Looking at the present subscription data of Future Capital IPO, I’m quite sure that Future Capital IPO listing gains will be very high. Investors can apply in the Future Capital IPO and enjoy listing gains. Future Capital IPO listing date will be updated here as soon as it is announced by the company.
Reliance Power IPO Subscription figures look very good. Reliance Power IPO was oversubscribed within the first hour of the IPO opening for subscription. What is suprising is the amount of oversubscription. Such a huge IPO issue getting oversubscribed by over 10 times on the very first day, is quite an achievement. What is even more suprising is the retail investors category subscription details. Retial Investors category in the Reliance Power IPO has been almost fully subscribed. Considering the size of the Reliance Power IPO, this is the huge achievement. More updates on the Reliance Power IPO Subscription Details will follow shortly.
Cords Cable IPO opens for subscription on Monday, January 21, 2008. Cords Cable IPO price band has been fixed between Rs. 125 to Rs. 135 per share of face value Rs. 10 each. Cords Cable Industries Limited is a leading manufacturer of cords and cables in India. Cords Cable Industries Limited supplies cords and cables to a wide variety of industries providing the company the benefit of diversification of clients across industries. Cords Cable IPO Subscription closes on Thursday, January 24, 2008. The IPO issue size of Cords Cable IPO is pretty small. Further, since the Cords Cable IPO has been priced at relatively low valuations, Cords Cable IPO is likely to get oversubscribed heavily. For Cords Cable IPO Subscription details and Cords Cable IPO allotment details, do check this bnlog often.
Emaar MGF IPO Price Band has been fixed at Rs. 725 to Rs. 850 per share as per reports. Emaar MGF IPO has received SEBI’s clearance earlier this week. After the Reliance Power IPO, Emaar MGF IPO is the next mega IPO that would be hitting the Indian stock markets. I doubt if there is enough liquidity in the system to absorb so many new meag IPO issues. Emaar MGF IPO will set the stage for other real estate IPO’s and hence this IPO will be closely watched. More details relating to the Emaar MGF IPO including the Emaar MGF IPO Subscription Dates will be updated here as soon as available.
RITES IPO is likely to hit the markets soon with the Cabinet giving its nod for the IPO earlier this week. The government would divest a part of its stake through and offer for sale of stake in the RITES IPO. However, RITES IPO will also involve a fresh issue of equity shares. Hence RITES IPO will involve both offer for sale and issue of new shares. RITES is a fully government owned consulting company and its IPO is likely to do well in the market since its a profit making company. More details about the RITES IPO will be updated soon.