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.
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.
Archidply IPO Allotment Status has not yet been announced. Archidply IPO Allotment is likely to be heavy since the IPO has not witnessed good subscription interest from investors. Based on the final IPO subscription numbers, Archidply IPO Allotment for retail investors is likely to range between 25% to 100% of the number of shares applied for in the IPO. Archidply IPO price band might get revised downwards if the IPO fails to garner enough subscription interest from investors, in the next two days. Archidply Industries IPO Allotment Status and subscription details will be updated here.
SEJAL IPO which opened for subscription yesterday has performed pretty well considering the market scenario at present. At the time of writing this post, SEJAL IPO has subscribed close to 0.65 times the IPO issue size. This certainly looks encouraging and is a sure shot sign that the IPO will oversubscribe by the time it closes for subscription in a couple of days time. Investors with a high risk appetite can even consider applying in this IPO if it subscribes by over 2 times before the closing day of subscription.
Niraj Cement IPO which opened for subscription today has generated suprisingly good subscription interest from retail investors. The retail investor category of Niraj Cement IPO has seen a 60% subscription, which is a rare sight on the very first day of an IPO opening for subscription. This is because retail investors prefer to wait till the last day to apply in an IPO. Contrastingly, the Institutional Investors category as well as the high networth investors category have not received a single bid. Retail investors looking at applying in the Niraj Cement IPO should probably wait for a couple of days and look at how Institutional Investors are approaching this IPO, before deciding to apply.
Emaar MGF IPO Subscription as well as Wockhardt IPO Subscription have been cancelled. The reason for the IPO subscription being revoked, even after futile attempts to make the IPO attractive by reducing the price band, is two pronged. The most important reason is that the IPO market seemed sub dued due to the stock market crash in almost all major world markets affecting the sentiment of investors in India. This is made evident from the fact that even the Reliance Power IPO received a large number of stop payments after the IPO closed for subscription. The second reason for the Emaar MGF IPO Subscription and Wockhardt IPO failing was that promoters and lead managers had priced the IPO issues very aggressively since the IPO market in India was looking great until the time both these IPO’s opened for subscription. A fall-off due to the twin IPO failures would be the Reliance Power IPO listing which is likely to provide much lower listing gains than anticipated before. This is evident from the grey market premium of Reliance Power IPO which has been continuously going southwards for the past week or so. Emaar MGF IPO refund and Wockhardt IPO refund will be made by the fourth week of February 2008.
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.
Future Capital IPO Subscription has been fairly good at the end of day one of the IPO opening for subscription. As per the Future Capital IPO Subscription figures, institutional investor category has been subscribed close to 6 times on day one itself which is quite an achievement. Retail investors category has been subscribed by 0.70 times. Overall, Future Capital IPO has been subscribed by 3.70 times at the end of day one. Future Capital IPO Subscription Details will be updated here regularly. Do check back often for updates.
Future Capital IPO Subscription Dates have been announced by the registrar managing the Future Capital Holdings Limited IPO. Future Capital IPO opens for subscription on Friday, January 11, 2007 and closes for subscription on Wednesday, January 16, 2007. Future Capital IPO price band has been fixed between Rs. 700.00 to Rs. 765.00 per share of face value Rs. 10 each. Future Capital IPO lot size has been fixed as 8 shares per lot. Retail investors planning to apply in the Future Capital IPO at cut off, can apply for a maximum of 128 shares. Intime Spectrum is the registrar for the Future Capital Holdings Limited IPO. Future Capital IPO Subscription Details and Future Capital IPO Allotment Status will be covered in this site.
Precision Pipes IPO Subscription figures at the end of day 1 look very unimpressive. Not a single bid has been received from the institutional investors till now. With three other quality IPO’s being open for subscription at the moment, Precision Pipes and Profiles IPO is likely to find the going tough to generate subscription interest from investors. Investors intending to invest in the Precision Pipes IPO are advised to wait till the final day of subscription and apply only if the IPO gets oversubscribed by atleast 3 times by then.
Aries Agro IPO subscription figures on day 1 look decent, considering the fact that the market tumbled by close to 5% today. Overall, Aries Agro IPO has been subscribed by about 0.65 times the IPO issue size. Institutional investor category has been subscribed 0.58 times while the retail investor category has been subscribed by 0.20 times. More details about Aries Agro IPO Subscription will be updated here regularly.
Porwal Auto IPO Subscription interest from institutional investors seems encouraging. The institutional investor category of an IPO over-subscribing on the very first day of IPO subscription is always an encouraging sign to investors planning to invest in that IPO. The institutional investors category in the Porwal Auto IPO has been oversubscribed by 0.51 times as of today. Overall, at the end of day 1, the Porwal Auto Components IPO has been subscribed by 0.76 times the IPO issue size.
BGR Energy IPO Subscription Details as of today look pretty impressive. QIB category has already been subscribed by close to 7 times indicating good interest in the BGR Energy IPO from the Institutional investors. Retail Investor category has been subscribed by 0.75 times the IPO issue size. It is likely that the BGR Energy IPO will get heavily oversubscribed by the time the IPO closes for subscription.
Transformers and Rectifiers IPO has got a very poor response from investors on its debut day. Transformers IPO (TRIL IPO) Subscription Details on day 1 look bad. The Employee, QIB and HNI categories have not received a single application so far. The retail investors category has been subscribed by less than 0.03 times which is suspect is bids received from family or close friends of promoters of Transformers and Rectifiers (India) Limited. The IPO is open for subscription for 3 more days. I suggest investors wait till the last day and apply in the Transformers IPO only if it manages decent levels of subscription by the penultimate day of subscription.