07 Dec 07 Transformers IPO (TRIL IPO) Subscription Details
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.
06 Dec 07 Aries Agro IPO opens for subscription on 14 Dec
Aries Agro IPO opens for subscription on Friday, December 14 2007. The IPO closes for subscription on Wednesday, December 19, 2007. Aries Agro IPO price band has been fixed between Rs. 120 and Rs. 130 per share. Aries Agro IPO is a pretty small sized IPO with an issue size of just over Rs. 50 crores. Since the IPO issue size is small, Aries Agro IPO is likely to get heavily oversubscribed and hence Aries Agro IPO allotment will be tough to obtain. Post IPO shares of Aries Agro Limited will be listed on both NSE and BSE. SREI Capital Markets is the lead manager for the Aries Agro IPO. The lot size for the IPO is yet to be announced. Aries Agro IPO registrar is Aarthi Consultants, which is a pretty inexperienced registrar which has handled very few IPO’s in the past. Aries Agro IPO Subscription details and Aries Agro IPO Allotment status will be updated here. Hence do check this space often.
23 Nov 07 Analysis of Kaushalya Infra IPO Subscription
Kaushalya Infra IPO closed for Subscription today. Kaushalya Infrastructure IPO has seen one of the lowest subscription among recent IPO’s. Overall KIDCO IPO has been subscribed by around 7 times. Retail was subscribed by a little over 10 times and QIB category was subscribed by 2.84 times. Kaushalya Infra IPO is unlikely to give huge gains on listing. Details about Kaushalya Infra IPO listing date and Kaushalya Infrastructure IPO allotment status will be updated here as and when they are available.
22 Nov 07 Kolte Patil IPO Subscription Analysis
Kolte Patil IPO Subscription figures look good. Kolte Patil Developers IPO closed for subscription today with an overall subscription of 47 times. There is hope for retail investors since the retail investors category has comparitively seen a lower subscription. However, Kolte Patil IPO allotment will be made on lottery system only for all categories of investors. Qualified Institutional Buyers category has seen a high subscription of over 46 times.
22 Oct 07 SVPCL IPO Subscription Details as on Day 1
SVPCL IPO received a very bad reception from investors on its opening day of subscription. There was not a single bid from Institutional investors and High networth investors in the SVPCL IPO. The retail investor category was subscribed 0.006 times and that too probably due to bids from the promoters relatives or friends. This is not a good sign for the Indian IPO market. With so many good IPO’s lined up, hope the IPO market has not been drastically affected by the Participatory Notes crisis. The SVPCL Ltd. IPO closes for subscription on Friday, October 26, 2007.
22 Oct 07 Religare Enterprises Limited IPO : Religare IPO opens for subscription on 29th
Religare Enterprises Limited IPO will open for subscription on October 29, 2007. The promoters and investment bankers managing the Religare IPO seem to be brave enough to let the IPO open for subscription next week (without deciding to postpone the IPO), considering the volatility in both the Indian as well as the Global markets. Religare Enterprises Limited is a Ranbaxy group company. The price band for the Religare Enterprises Limited IPO has been fixed between Rs. 160 (being the floor price of the IPO) and Rs. 185 (being the cap price of the IPO). Post IPO the shares of Religare Enterprises Limited will be listed on both the NSE and the BSE. Religare Enterprises Limited IPO will close for subscription on November 01, 2007. Religare Enterprises Limited can be compared to Motilal Oswal, which had come out with an IPO a few months back, as both of them offer the same services and target the same market. Religare Enterprises Limited had done a pre-IPO placement of 38 lakh shares with Indopark Holding Limited. The Lead Managers for the Religare Enterprises Limited IPO are Enam Securities Pvt. Limited and Citigroup Global Markets Limited while Karvy Computershare Private Limited is the registrar for the Religare IPO. For Religare IPO subscription details and Religare IPO allotment status do check this blog regularly.
04 Oct 07 Maytas Infra IPO Subscription Details : IPO Oversubscribed
Maytas Infra IPO closed for subscription today. Maytas Infra IPO has subscribed by about 68 times (oversubscribed 67 times). Maytas Infra IPO received heavy subscription after 12 o clock today. The category wise split up of the subscription figures is not yet available. Retail investor category has been subscribed close to 15 times and hence retail investors are likely to get decent allotment chances. The category wise split up of the Maytas Infra IPO Subscription Details will be updated here as soon as they are available.
The final subscription figures of Maytas Infra IPO are out and unfortunately retail subscription has crossed 15 times. However when invalid applications are filtered out the number is likely to fall close to 15. Retail investors who have applied for maximum number of shares should consider themselves very unlucky if they don’t end up getting allotment in the Maytas Infra IPO. Institutional investor category has been subscribed by about 100 times and HNI category has been subscribed 36 times.
27 Sep 07 Supreme Infrastructure IPO Subscription Details : SIIL IPO Oversubscribed
Supreme Infrastructure IPO has performed extremely well. The amount of bids SIIL IPO received in the last couple of hours was unbelievable. Overall, the Supreme Infrastructure IPO has been subscribed by 53 times. The retail investor category in the SIIL IPO has been subscribed by over 48 times (oversubscribed by over 47 times). The institutional investor category has been subscribed by over 52 times (oversubscription ratio : 51.1) while the high net worth individual category has been subscribed by about 65.5 times. There are so many new IPO’s lined up for the next 2-3 months. If the rally in the secondary market sustains, the primary (IPO) market is likely to break all records in 2007.
22 Sep 07 Consolidated Construction IPO (CCCL IPO) Subscription Details : High Allotment and Listing Gains
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.
18 Sep 07 Supreme Infrastructure India Limited IPO – SIIL IPO
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.
18 Sep 07 Koutons Retail IPO Subscription Details : IPO Oversubscribed
Koutons Retail IPO which opened for subscription today performed very well and was oversubscribed in the first few hours of the IPO opening for subscription. Overall, the Koutons Retail IPO was subscribed by about 2 times. Koutons Retail IPO is likely to match vishal retail IPO in terms of the overall IPO oversubscription ratio. This doesn’t come as a suprise when we consider the growth potential of the retail sector in India.
14 Sep 07 Power Grid IPO subscription details : High Allotment and Huge Listing gains
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.
12 Sep 07 Dhanus Technologies IPO Oversubscribed : Low allotment and High Listing gains
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.
12 Sep 07 Kaveri Seed IPO Oversubscribed : High Allotment and Listing gains
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.
10 Sep 07 Power Grid IPO Oversubscribed
At the end of the first day, the Power Grid IPO subscription details look really good. After a very bad month, its nice to see an IPO getting oversubscribed on day 1 itself, indicating a revival in the IPO market. The Power Grid Corp IPO oversubscribed in the first few hours of the IPO opening for subscription. There has been a very strong demand from the insititutional investors. The institutional investors category in the Power Grid IPO has been subscribed by over 2 times, with the overall subscription of Power Grid IPO, at the end of day 1 being 1.08 times the IPO issue size.
