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31 Oct 07 Edelweiss Capital Limited IPO : Edelweiss IPO opens on 15 Nov

Following the successful IPO done by Religare Enterprises IPO, Edelweiss Capital Limited is also coming out with an IPO issue through the book building route. Edelweiss Capital Limited is a competitor of Religare Enterprises Limited. Edelweiss Capital IPO opens for subscription on November 15, 2007 and will close for subscription on 20th November 2007. The face value of shares of Edelweiss Capital Limited offered through the proposed IPO would be Rs. 5 each. Edelweiss Capital Limited has fixed the price band for the IPO between Rs. 725 and Rs. 825 per share. Post IPO, the shares of Edelweiss Capital Limited will be listed both on NSE and the BSE. The lead managers for the Edelweiss IPO issue are Kotak Mahindra, Citigroup Global Markets and Lehman Brothers. Intime Spectrum is the registrar for the IPO. CRISIL has given a grading of 4/5 for the Edelweiss Capital Limited IPO. However keep in mind that these ratings don’t make much sense. They only tell investors how the company is placed fundamentally, with respect to its competitors. The rating does not take into account the valuation of Edelweiss IPO. Apparantly, Edelweiss IPO has been priced more aggressively compared to the religare IPO. But in such a strong bull run, no matter how aggressively a company prices its IPO, its bound to get oversubscribed heavily. A decision on whether to apply in the Edelweiss Capital IPO or not can be taken on Nov 20, after looking the Edelweiss IPO subscription details till Nov 19, 20007. For updates on the Edelweiss IPO subscription details and Edelweiss IPO allotment status do visit this site often.


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Reader's Comments

  1. |

    [...] Edelweiss Capital Limited IPO : Edelweiss IPO opens on 15 Nov [...]

  2. |

    need an immediate update on the expected lisiting price of edelweiss ipo.

  3. |

    would be around 1400 – 1500 .. which can go around 1700 – 1800 on the listing day .. Hope it to list around 1430 aprox. Depends on that days market condition.

  4. |

    Should we subscribe the Burnpur Cement ?

  5. |

    Allotment of edelweiss is out.. Plss check and enjoy…. For people who have applied for full lot in cut off have got 8 shrs only

  6. |

    HI BULLISH
    how many times edelweiss capital ipo was subscribed in institutional catagory?

  7. |

    what is the ipo price of edelweiss capital ltd?



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