Showing posts with label IPO Subscription details. Show all posts
Showing posts with label IPO Subscription details. Show all posts

Tuesday, February 12, 2008

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/

Saturday, February 9, 2008

Reliance Power IPO Listing Details

Reliance Power listing is a big awaiting event for every investors on the street, who have got allotment of it shares as well as for market as it was the biggest issue in Indian Capital Market history. Reliance Power IPO Listing Date is confirmed to the market and slated to list on Monday, February 11, 2008

During the issue time, experts were expecting the premium for Reliance Power nearly Rs 400-450. Everyone was very optimistic about this listing. But as the market's turmoil has been started post issue, the premium also start declining. It reduced to Rs 120-150 as per experts quote.

Details of Listing:
BSE Script Code: 532939
NSE Symbol: RPOWER
Listing in: A Group of Securities
Issue Price: Rs. 450/-
(Discount of 20 rs for the retailers)
Face Value: Rs 10/- Per Equity Share

Reliance Power may list around Rs.600.

The market is full of roomer regarding the premium the Reliance Power listing would get. Experts say if it lists above Rs.600, it will be a major boost for the indian stock market. Not only the secondary market, but it will also trigger a fresh IPO boom. The current IPO's are struggling to get minimum subscriptions.
The Reliance Power IPO will list on February 11th 2008. The market buzz is that , reliance is ensuring that the refunds are reaching the subscribers, before they list.

Reliance Power IPO allotment status is available now , Visit the link below
http://www.karvy.com/ipostatus/
Reliance Power IPO Allotment status

Over 41.7 lakh successful bidders in the retail category will get around 15 shares each while approximately 4.5 lakh retail investors who bid for less than 225 shares would not get any shares according to the allocation as approved.
The excess application money of approximately Rs one lakh crore received from the investors is being refunded to the investors. Post allotment Reliance Power has approximately 42 lakh shareholders.

Wednesday, November 7, 2007

Mundra Port IPO subscribed 109 times

Mundra Port and Special Economic Zone, India's largest non-government cargo terminal, has received overwhelming response for its IPO, subscribed 114.69 times till 5 pm, as per data available on NSE website.

The issue received bids for 4.61 billion shares against 40.25 million shares on offer and bids for 14.36 crore shares at cut off price.

Qualified institutional investors has given strong support to the issue. The reserved portion of QIBs subscribed 155.51x followed by HNIs 132.07x and Retail 10.90x, till 4 pm.

Mundra, which aims to set up cargo and coal terminals and develop a trade zone from the proceeds, is tapping an economy forecast to grow about 8.5 percent in the year to March 31. India's gross domestic product grew an average 8.6 percent over the past four years.

The Adani Group, founder of Mundra Port, has interests in commodities trading, coal mining, power generation, real estate development and agriculture processing.

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