Indian Stock Market News, Information, Tips, Analysis, Reports

Container Corporation Bonus Issue has been recommended by the company in yesterday’s meeting of board of directors of the company. The CONCOR Bonus Issue is subject to the approval of the shareholders in the forthcoming AGM. Container Corporation Bonus Issue ratio has been recomended to be 1:1, which means shareholders of Container Corporation Limited who’s names appear in the shareholders register of CONCOR as on the record date of the bonus issue, will get 1 bonus share for every 1 share that they hold in concor. Container Corporation Bonus issue record date is yet to be announced. The record date for the bonus issue will be updated here as soon as it is announced by the company.

Asiana Housing Bonus Issue Record Date has been fixed. Earlier today, Asiana Housing Limited informed the stock exchanges that the board of directors of Asiana Housing have fixed the Record Date for the Bonus Issue as Friday, February 22, 2008. Shareholders of Asiana Housing who’s names appear in the shareholders register of Asiana Housing on the record date for the bonus issue, will be eligible for the issue of bonus shares.

Future Capital IPO Allotment Status is out and can be checked online over here. Future Capital IPO Allotment has been extremely tough to obtain since the Future Capital IPO was heavily oversubscribed under all categories. I applied in the Future Capital IPO but I gave stop payment since the IPO was heavily oversubscribed. Those who managed to get allotment in Future Capital IPO should consider themselves very lucky.

Reliance Power IPO Allotment Status is expected to be finalised by tomorrow. Reliance Power IPO Allotment will be made on a firm basis for investors who have applied for the maximum quantity under the retail investors category. All other investors will get allotment in Reliance Power IPO on a lottery basis. Once the Reliance Power IPO Allotment Status is out, investors can check the same over here. More details on Reliance Power Allotment Status and Reliance Power IPO Listing Date will be posted here as when these information are made public.

Manjushree Extrusions IPO opens for subscription on Thursday, January 31, 2008. Manjushree Extrusions IPO price band has been fixed at Rs. 45 per share of face value Rs. 10 each. The shares of Manjushree Extrusions Limited are already listed and actively traded on the Indian stock markets. Manjushree Extrusions IPO will close for subscription on Wednesday, February 06, 2008. More details on Manjushree Extrusions IPO including Manjushree Extrusions IPO Subscription Details as well as Manjushree Extrusions IPO Allotment status will be posted here.

Future Capital IPO Listing Date has been fixed. IN an anoouncement made with the stock exchanges, the registrar to the IPO has informed that the Future Capital IPO Listing Date has been fixed as Friday, February 01, 2008. Future Capital IPO Listing  is expected at a huge premium to the IPO issue price of Future Capital Limited because of very heavy oversubsription of the IPO. The exact listing price of Future Capital IPO will be updated here on Friday, February 01, 2008.

Globus Spirits IPO Subscription opens on Thursday, February 07, 2008. Globus Spirits IPO Price Band has been fixed at Rs. 140 to 160 per share of face value Rs. 10 each. SREI Capital Markets is the lead manager for the Globus Spirits IPO. Post IPO, the shares of Globus Spirits Limited will get listed on both the NSE and the BSE. Being in the fast going alcohol industry, the Globus IPO is likely to get heavily subscribed due to high subscription interest from institutional investors in the IPO. Globus Spirits IPO closes for public subscription on Tuesday, February 12, 2008. Details regarding the Globus Spirits IPO Subscription and Globus Spirits IPO Allotment Status will be updated here.

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.

ACME TelePower IPO has managed to get a CRISIL IPO grade 5. This comes as a suprise since the highly successful future capital IPO as well as Reliance Power IPO did not manage to get such high IPO grades. What CRISIL IPO grade 5 implies is that ACME TelePower Limited is fundamentally much stronger than most of the listed companies. I don’t remember any CRISIL Grade 5 IPO hitting the markets in the recent past. Looks like ACME TelePower IPO will get an excellent response from investors. ACME TelePower IPO Subscription details as well as information on ACME TelePower IPO Allotment chances will be updated here.