31 Jul 07 Everonn Systems IPO Listing Date

Everonn Systems IPO which got oversubscribed heavily will make its grand debut tomorrow. The Listing date of Everonn Systems India Limited, which has been announced by the stock exchanges today, is August 01 2007. Since the Everonn Systems IPO was heavily oversubscribed, allotment was tough to get. Due to the unfullfilled demand in the primary market, Everonn Systems is likely to list at a huge premium to the IPO issue price.

31 Jul 07 Purvankara Projects IPO opens for Subscription

The Purvankara Projects IPO is now open for subscription. Purvankara Projects Limited is a leading bangalore based real estate company. The Purvankara Projects IPO price band is Rs. 500 to Rs. 525 per share of face value Rs. 5 each. The price band appears to be pretty narrow with the spread between the upper and lower ends of the price band being just 5%. The Purvankara Projects IPO closes for subscription on Aug 03, 2007.

29 Jul 07 KPR Mill Limited IPO : KPR Mills IPO opens on 2nd

KPR Mill Limited, a Tamilnadu based apparel company, is coming out with an IPO through the book building process. KPR Mill IPO will open for subscription on 02 August 2007 and will close for subscription on 07 August 2007. KPR Mills Limited has fixed the price band for the IPO between Rs. 225 and Rs. 265 per share. As per the Draft Prospectus, KPR Mill Limited will use the proceeds of the IPO for expansion of its garment unit at Arasur which is in Coimbatore, for setting up a design studio, to construct a hostel at Arasur and to expand / construct new facilities to increase capacity. Post IPO, the shares of KPR Mills Limited will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). KPR Mill Limited had recently made a pre IPO placement of Rs. 105 crores with Blue River Capital, Brandot International and Argonaut Private Equity. The issue size of KPR Mill IPO is Rs. 156 crores at the upper end of the price band. The lead manager for the KPR Mills IPO is Kotak Investment Banking. The registrar for the KPR Mill IPO is Karvy. For updates on the subscription / oversubscription ratio of KPR Mill Ltd IPO and to know the IPO allotment status, refund details and listing date of KPR Mills Ltd. IPO, do check this blog regularly.

KPR Mill Limited IPO Prospectus
For more information, read the Draft red herring prospectus of the KPR Mill Limited IPO Issue.

28 Jul 07 TAKE Solutions Limited IPO : TAKE Solutions IPO opens on 1st

TAKE Solutions Limited, a life sciences and supply chain management solutions company, is coming out with an IPO through the book building process. TAKE Solutions IPO will open for subscription on 01 August 2007 and will close for subscription on 07 August 2007. TAKE Solutions Limited has fixed the price band for the IPO between Rs. 675 and Rs. 730 per share. As per the Draft Prospectus, TAKE Solutions Limited will use the proceeds of the IPO for repayment of loans, product development and to build a war chest for mergers and aquisitions. TAKE Solutions Limited recently acquired two US based companies (ie.) OnSphere Corporation and Applied Clinical Intelligence, LLC (ACI) for a cash consideration of $ 2.75 million and $ 2.4 million respectively. Post IPO, the shares of TAKE Solutions Limited will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). TAKE Solutions Limited had recently made a pre IPO placement of 900,000 equity shares to Galleon International Master Fund SPC Limited and Passport India Investments (Mauritius) Ltd. The issue size of TAKE Solutions IPO is about Rs. 150 crores. The lead manager for the TAKE Solutions IPO is Edelweiss Capital Limited. The registrar for the TAKE Solutions IPO is Intime Spectrum Registry Limited. For updates on the subscription / oversubscription ratio of TAKE Solutions Ltd IPO and to know the IPO allotment status, refund details and listing date of TAKE Solutions Ltd. IPO, do check this blog regularly.

TAKE Solutions Limited IPO Prospectus
For more information, read the Draft red herring prospectus of the TAKE Solutions Limited IPO Issue.

27 Jul 07 Everonn Systems IPO Allotment Status

The Everonn Systems IPO Allotment Status has finally been uploaded by cameo, which is the registrar for the Everonn Systems IPO. The Everonn Systems IPO Allotment Status is available here. Once you reach the Cameo page, select Everonn Systems India Limited from the drop down box and follow the instructions given there to check the allotment details of Everonn Systems IPO. Good luck to all those who applied in the Everonn Systems IPO.

27 Jul 07 Central Bank of India IPO : Central Bank IPO Oversubscribed Heavily

The Central Bank IPO closed for subscription today. The Central Bank of India IPO performed extremely well and it got heavily oversubscribed across all categories. Overall, the Central Bank of India IPO has been subscribed by 62 times (oversubscribed 61 times). The retail investor category in the Central Bank IPO got subscribed by 16.2 times (oversubscribed by 15.2 times). Institutional investor category in the Central Bank IPO has been subscribed by a whooping 89.11 times (oversubscribed 88.11 times) and the High Networth Individual category has been subscribed by over 69.5 times (oversubscription ratio : 68.58 times). Those who applied for 16 lots (960 shares), under the retail investor category will get a firm allotment. For all others who applied in the Central Bank of India IPO, allotment will be made through the lottery system. Central Bank of India is likely to have a good listing and hence is likely to provide excellent listing gains. The listing date of Central Bank of India is likely to be somewhere in the third week of August. Central Bank of India will list both on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Investors who have invested in the Central Bank IPO can expect to receive the IPO refund in the third week of August through ECS (in cities where refund through ECS facility is available). Allotment is likely to be made a few days before the listing date. The allotment status of Central Bank IPO and the details for checking the allotment status online will be posted here as soon as they are available. Good luck to all those who applied in the Central Bank of India IPO.

27 Jul 07 Purvankara Projects Limited IPO : Purvankara IPO opens on 31st

Purvankara Projects Limited, a Bangalore based real estate developer, is coming out with an IPO through the book building process. Purvankara Projects IPO will open for subscription on 31 July 2007 and will close for subscription on 03 August 2007. Purvankara Projects Limited has fixed the price band for the IPO between Rs. 500 and Rs. 525 per share. As per the Draft Prospectus, Purvankara Projects Limited will use the proceeds of the IPO for retiring high interest loans and for acquiring land. Purvankara Projects Limited is currently present in Bangalore, Kochi, Chennai, Coimbatore, Hyderabad, Mysore, Colombo and U.A.E. Over 80% of Purvankara Projects’ portfolio is residential and the other 20% is commercial. Post IPO, the shares of Purvankara Projects Limited will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The lead managers for the Purvankara Projects IPO are DSP Merrill Lynch Limited, Citigroup Global Markets Ltd, Kotak Mahindra Capital Limited. The registrar for the Purvankara Projects IPO is Intime Spectrum Registry Limited. For updates on the subscription / oversubscription ratio of Purvankara Projects Ltd IPO and to know the IPO allotment status, refund details and listing date of Purvankara Projects Ltd. IPO, do check this blog regularly. The Purvankara Projects IPO is a pretty large IPO with an issue size in excess of Rs. 1000 crores.

Purvankara Projects Limited IPO Prospectus
For more information, read the Draft red herring prospectus of the Purvankara Projects Limited IPO Issue.

27 Jul 07 IVR Prime IPO Subscription Details : IPO Oversubscribed

The IVR Prime IPO closed for subscription on thursday. The IVR Prime IPO performed pretty decently considering the fact that the issue size was big and the issue was overpriced. IVR Prime IPO generated good subscription interest from institutional investors. However retail investor category received subdued subscription interest. The retail investor category in the IVR Prime IPO got subscribed by just over 1.5 times (oversubscribed by about 0.5 times). Institutional investor category in the IVR Prime IPO has been subscribed by 8.6 times (oversubscribed 7.6 times) and the High Networth Individual category has been subscribed by over 1.85 times (oversubscription ratio : 0.85 times). Overall, the IVR Prime IPO has been subscribed by 5.75 times (oversubscribed 4.75 times).

Retail investors are likely to get close to full allotment (taking into account cheque bounces, stop payments, inaccurate data entered in the forms and the unsubscribed portion of employee category which will be added back to the retail investor category). The listing price of IVR Prime Urban Developers Limited depends on the market conditions at the time of listing. Right now all realty stocks have been hit badly and the realty index was down by over 5% today. Those who applied in the IVR Prime IPO can only hope that the market recovers by the time IVR Prime lists on the stock exchanges. Since the allotment is likley to be close to full, both Listing gains as well as Listing losses (whatever the case may be) will be huge. The listing date of IVR Prime Urban Developers Limited is likely to be somewhere in the third week of August. IVR Prime Urban Developers Limited will list both on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Investors who have invested in the IVR Prime IPO can expect to receive the IPO refund in the third week of August through ECS (in cities in which refund through ECS facility is available). Allotment is likely to be made a few days before the listing date. The allotment status of IVR Prime IPO and the details for checking the allotment status online will be posted here as soon as they are available. Good luck to all those who applied in the IVR Prime IPO.

26 Jul 07 IVR Prime IPO : Apply for Listing Gains

The IVR Prime IPO Subscription Details as of 2 PM looks attractive. Overall, the IVR Prime IPO has been subscribed by over 5 times as of 2 PM today. Most of the bids have come in from institutional investors.  The IVR Prime IPO is likely to provide good gains on listing. Further, since the IPO issue size is large, allotment will be high and easy to get for retail investors, since the retail investor category is not likely to get heavily oversubscribed. The IVR Prime IPO closes for subscription today. Apply at cut off for listing gains.

26 Jul 07 Zylog Systems IPO Subscription Details : Low Allotment, High Listing Gains

The Zylog Systems IPO closed for subscription on 25th. The Zylog Systems IPO was another IPO which benefitted from the huge hype surrounding IPO’s. Overall, the Zylog Systems IPO has been subscribed by 76.51 times (oversubscribed 75.51 times). The retail investor category in the Zylog Systems IPO got subscribed by about 35.13 times (oversubscribed by 34.34 times). Institutional investor category in the Zylog Systems IPO has been subscribed by 89.55 times (oversubscribed 88.55 times) and the High Networth Individual category has been subscribed by a whooping 144 times (oversubscription ratio : 143 times). Allotment will be very low since the Zylog Systems IPO was heavily oversubscribed.

Zylog Systems Limited is likely to have an excellent listing and is sure to provide excellent listing gains to investors lucky enough to get allotment. The listing date of Zylog Systems Limited is likely to be somewhere in the third week of August. Zylog Systems Limited will list both on the NSE and the BSE. Investors who have invested in the Zylog Systems limited IPO can expect to receive the IPO refund in the third week of August through ECS (in cities where the ECS facility is available). Allotment is likely to be made a few days before the listing date. The allotment status of Zylog Systems IPO and the details for checking the allotment status online will be posted here as soon as they are available. Good luck to all those who applied in the Zylog Systems IPO.

26 Jul 07 SEL Manufacturing IPO open for subscription

SEL Manufacturing IPO has open for subscription today. The SEL Manufacturing IPO will close for subscription on July 31 2007. The price band for the SEL Manufacturing IPO is Rs. 80 to Rs. 90. The issue size is 41.38 lakh and the lot size is 75 shares. UTI Bank and Almondz Global Securities Limited are the lead managers for the SEL Manufacturing IPO.

26 Jul 07 Asian Granito IPO open for Subscription

Asian Granito IPO opened for subscription today. The Asian Granito IPO will close for subscription on 31st of this month . The price band for the Asian Granito IPO is Rs. 81 to Rs. 102. Asian Granito produces vitrified tiles which is a low cost alternative to marble and granite. Asian tiles which is a subsidiary of Asian Granito limited produces low cost flooring tiles.

26 Jul 07 Omnitech InfoSolutions IPO Subscription Details : Huge Listing Gains likely

The Omnitech InfoSolutions IPO closed for subscription on 25th. The Omnitech IPO has performed very well and it has attracted large bids from all classes of investors. The retail investor category in the Omnitech InfoSolutions IPO got subscribed by a little less than 51 times (oversubscribed by about 50 times). Institutional investor category in the Omnitech InfoSolutions IPO has done very well and has been subscribed by a whooping 61.75 times (oversubscribed 60.75 times) and the High Networth Individual category has been subscribed by over 108.66 times (oversubscription ratio : 107.66 times). Overall, the Omnitech InfoSolutions IPO has been subscribed by 61.84 times (oversubscribed 60.84 times).

Omnitech InfoSolutions IPO is likely to provide excellent listing gains to investors who are lucky enough to get allotment and decide to sell their holdings on the Listing Date as soon as Omnitech InfoSolutions lists on the stock exchanges. Retail investors will find it very tough to get allotment in the Omnitech InfoSolutions. One should consider himself very lucky if he manages to get allotment in the Omnitech InfoSolutions IPO. The listing date of Omnitech InfoSolutions Limited is likely to be somewhere in the third week of August. Omnitech InfoSolutions Limited will list both on the National stock exchange and the Bombay Stock Exchange. Investors who have invested in the Omnitech InfoSolutions IPO can expect to receive the IPO refund in the third week of August through ECS. Allotment is likely to be made a few days before the listing date. The allotment status of Omnitech IPO and the details for checking the allotment status online will be posted here as soon as they are available. Good luck to all those who applied in the Omnitech InfoSolutions IPO.

24 Jul 07 Asian Granito India Limited IPO : Asian Granito IPO Details

Asian Granito India Limited, a Gujarat based vitrified tiles manufacturing company, is coming out with an IPO through the book building route. Asian Granito IPO will open for subscription on 26 July 2007 and will close for subscription on 31 July 2007. Asian Granito India Limited has fixed the price band for the IPO between Rs. 85 and Rs. 102 per share. As per the Draft Prospectus, Asian Granito India Limited will use the proceeds of the IPO for setting up a wall tile unit. Asian Granito India Limited has a subsidiary called Asian Tiles Limited, which is a leading manufacturer of ceramic floor tiles. Post IPO, the shares of Asian Granito India Limited will be listed on the Bombay Stock Exchange (BSE) and the National Stock exchange (NSE). The lead managers for the Asian Granito IPO are Enam and SBI Capital Markets. The registrar for the Asian Granito IPO is Intime Spectrum Registry Limited. For updates on the subscription / oversubscription ratio of Asian Granito India Ltd IPO and to know the IPO allotment status, refund details and listing date of Asian Granito India Ltd. IPO, do check this blog regularly. The issue size of Asian Granito IPO is about Rs. 70 crores. Since the company is fundamentally strong with excellent financials and since the IPO has been attractively priced, the Asian Granito IPO is likely to get heavily oversubscribed and hence allotment will be tough to get.

Asian Granito India Limited IPO Prospectus
For more information, read the Draft red herring prospectus of the Asian Granito India Limited IPO Issue.

24 Jul 07 Jaybharat Textiles and Real Estate to issue bonus shares

Jaybharat Textiles & Real Estate Limited has informed the stock exchanges that the board of Jaybharat Textiles and Real Estate Ltd. has approved the issue of bonus shares to the shareholders of Jaybharat Textiles and Real Estate Limited in the ratio of 1:1 (1 bonus share for every 1 share held) as on the record date which will be announced by the board of Jaybharat Textiles & Real Estate Ltd in the coming days.