Peninsula Land has informed the stock exchanges that the board of Peninsula Land has approved the stock split in the board meeting held on September 21, 2007. The board of Peninsular Land has also fixed the record date for the stock split. The Peninsula Land stock split record date has been fixed as October 23, 2007. The face value of the shares of Peninsula Land will be split from Rs. 10 to Rs. 2 each. Shareholders will get 5 shares of Peninsula Land for every 1 share they hold, post stock split.
Circuit Systems India Limited IPO opens for subscription on September 27 2007. Circuit Systems India Limited is a Gujarat based Printed Circuit Board (PCB) manufacturing company. CSIL IPO is a fixed price IPO. The IPO price of the Circuit Systems India Limited IPO is fixed at Rs. 35 per share of face value Rs. 10 each. As per the DRHP, Circuit Systems India Limited would use the proceeds of the IPO to increase its production capacity which would enable Circuit Systems India Limited to meet the future market requirements in both India as well as in international Markets. Centrum Capital is the lead manager for the Circuit Systems India Limited IPO. Circuit Systems India Limited IPO closes for subscription on October 05, 2007. The IPO issue size of Circuit Systems India Limited IPO is about Rs. 15 crores. Post IPO, Circuit Sytems IPO listing will be only on Bombay Stock Exchange (BSE). For Circuit Systems IPO Subscription details, Circuit Systems IPO Allotment date and Circuit Systems India Limited IPO listing date, check this blog regularly.
The subscription details of Supreme Infrastructure IPO (SIIL IPO) as of today look extremely good. Supreme Infra IPO seems to be yet another IPO opening for subscription this month which is likely to give excellent listing gains. The SIIL IPO has been subscribed by over 4 times already. Tomorrow is the last day of subscription for the Supreme Infrastructure IPO. Apply aggressively in the Supreme Infrastructure IPO for listing gains.
The Power Grid IPO Allotment Status is out and allotment details have been sent by email to investors who registered with the registrar of the Power Grid IPO. Retail investors have got a decent allotment in the Power Grid IPO since the retail investors category has been heavily subscribed. Good luck to those who have got allotment in the Power Grid IPO. The Power Grid IPO Listing Date is Friday, October 05, 2007. The Listing of Power Grid IPO will be both on the NSE and BSE. Based on the grey market premium of Power Grid IPO the listing price of Power Grid Corporation is expected to be in the Rs. 80-90 range.
Power Grid Refund : Power Grid Corporation IPO Refund received through ECS on 4th October at 11 AM
Network 18, formerly known as TV18, has informed the stock exchanges that the board of Network 18 has fixed the record date for the bonus issue. The Record date for the Network 18 bonus issue has been fixed as October 18, 2007. Shareholders of Network 18 who’s names appear in the shareholders register, will be eligible for the issue of bonus shares.
Man Industries has informed the stock exchanges that the board of Man Industries has fixed the record date for the Stock Split. The Man Industries Stock Split Record date is October 16, 2007. Man Industries is a leading player in the piping industry and is involved in laying/making oil and gas pipelines in India and abroad. The share prices of Man Industries zoomed as soon as the Stock Split Record Date announcement was made.
There will be a change in both the NSE and BSE market timings from September 25, 2007 to October 09, 2007 due to sun outage, which affects V-SAT connectivity in India. NSE and BSE will open at 9.55 AM as usual but will remain open till 4.15 in the evening (instead of the usual 3.30 pm). There will be a break (pause) in trading between 11.25 and 12.10 in the noon. BSE closing session will be from 04:25 PM to 04:45 PM and the NSE closing session will be from 04:35 PM to 04:45 PM.
There were rumours today that GAIL India was likely to issue bonus shares. The bonus issue rumours in the Gail counter today propelled gail to a record high. As per the rumours the issue of bonus shares was discussed at the meeting of inter ministerial comittee (IMC). As per the rumours, DPE guidlines stated that the central government owned public sector enterprises having reserves and surplus of more than three times of their paid up capital are expected to declare bonus shares to their shareholders. Since GAIL meets these guidelines, the board of Gail is likely to come out with an issue of bonus shares.
Koutons Retail IPO Allotment date has not yet been announced. Allotment for Koutons Retail IPO will be finalised in the coming week and will be available online on the second week of next month. Koutons Retail IPO allotment date will be updated here as soon as it is announced. Allotment for retail investors would be on a firm basis for those who have applied for maximum quantity under the retail investor category. For others allotment will be made based on the lottery system.
Consolidated Construction IPO (CCCL IPO) Allotment Date has not yet been announced. Consolidated Construction Corporation IPO (CCCL IPO) Allotment Date will be updated here as soon as it is announced. Allotment chances for retail investors will be high in the Consolidated Construction IPO since the retail investor category has not been heavily subscribed in the CCL IPO.