Shriram EPC IPO Allotment status

Shriram EPC IPO Allotment status is ready and can be checked here ,The IPO got oversubscribed by 3.91 times but on the retail side it dint even cross 1 time and was subscribed only by 0.6291 times .

http://www.cameoindia.com/ipo.htm

Cords Cable listed at Rs.145

Cords Cable Industries, a specialised cable manufacturer for variety of industries, listed at Rs.145 , a premium listing. The company had entered capital market with a public issue of 30.85 lakh shares at a price band of Rs 125-135 per equity share. The issue got subscribed 4.99 times.

KNR Construction and Bang Overseas IPO Allotment status

KNR Constructions Limited IPO allotment details is now available and can be checked here.IPO was oversubscribed by 1.25 times and 0.2772 times on the retail side.

http://www.intimespectrum.com/site/ipo.asp

Bang Overseas Ltd IPO was oversubscribed by 1.24 times and 1.1712 times on the retail side .The IPO closed on jan 28th 2008. Click the link below for allotment status.

http://203.199.177.158/ipo/

Globus Spirits defers public issue

Delhi-based alcohol beverage company Globus Spirits has postponed its public issue. It was scheduled to open on February 19 and close on February 22, 2008. They said that they will again tap capital market in near term once this market condition recovers and market stabilizes.

SVEC Constructions withdraws IPO

One more IPO withdrawn. SVEC Constructions also has withdrawn its IPO due to weak response. To get the IPO subscribed, the company had lowered the price band to Rs 80-90 from Rs 85-95 and extended the closing date to February 13 from February 8. An extremely weak listing of Reliance Power also was one of the reasons. SVEC Constructions issue got subscribed just 0.24 times.

J Kumar Infra debuts with 8% premium and then slides below issue price.

J Kumar Infraprojects (JKIL), a civil engineering and infrastructure development company, has started the day with premium of 8.18% at Rs 109 as against its offer price of Rs 110 per share and went up to an intraday high of Rs 119 in early trade. But selling pressure hammered the stock a lot, it slipped below issue price and touched a low of Rs 84.20 on the NSE.

The BIG FLOP Listing of Reliance Power

Reliance Power saw a very disappointing listing today. Reliance Power ended with a decline of over 17% on its maiden trading day. At one time, sentiments were extremely positive for the stock (the grey market had put a premium of Rs 400 and the stock was expected to list at around Rs 800). But sentiments were extremely negative and Reliance Power closed at Rs 372 (below its issue price of Rs 450), down 17% on the BSE today.