23rd
November
2007
Currently IPO for Jyothy Laboratories is going on and below is the details of the company.
Issue price / Floor Price (Rs) 620-690
Issue opens - 22-Nov-07
Issue closes - 27-Nov-07
Total shares offered 44.30 Lakhs
Investor Information
Lead Manager(1) Enam Securities Pvt Ltd
E-mail jyothy.ipo@enam.com
Lead Manager(2) Kotak Mahindra Capita Company Ltd
E-mail jyothy.ipo@kotak.com
Registrar Intime Spectrum Registry Limited
E-mail jyothylabs-ipo@intimespectrum.com
Company Contact Details
Company’s address
43, Shivshakti Industrial Estate,
Andheri Kurla Road,
Marol,
Mumbai.
Pincode 400059
Tel No. 912228502470
Fax No. 912228501734
Website http://www.jyothylaboratories.com
posted in IPO |
23rd
November
2007
India’s biggest telecom company BSNL may come out with an IPO within the next one year. The idea behind the stock market listing is not so much to raise capital, as to put a value to the company.
It has been learnt that 20% of equity might be on offer. The valuations border on the fantastic. A company finance official quoted a figure of USD 100 billion. That is almost double the value of Bharti Airtel, whose market cap is about USD 45 billion. And Anil Ambani-owned Reliance Communications is valued at USD 35 billion.
BSNL has a much wider network and boasts of 65 million subscribers. Many of them are fixedline customers, who run up higher phone bills on an average than mobile users. Over the last 6-8 months, BSNL’s performance has been muted on account of capacity constraints, but it is trying to get the better of market leader Bharti Airtel.
According to Kuldip Goyal, CMD, BSNL, �In about two months from now, Ericsson�s supply of equipment will start after that we should also be easily hitting the two million figure.” The company is in the process of cleaning up its books and is likely to appoint an advisor to the IPO soon.
The company’s previous attempt at a stock market listing did not take off because the previous Telecom Minister, Dayanidhi Maran, was not in favour of it. But current Minister A Raja is said to be not averse. The idea behind the stock market flotation is to discover the value of the company, not so much to raise capital.
posted in News |
23rd
November
2007
Today sensex close with 325+ points and nifty up 89+ point. From the beginning sensex was up and its a good sign that it closes in green. Today’s top gainers were - Reliance Energy, DLF, HDFC & Larsen & today’s top losers were - Maruti Suzuki, HDFC Bank, Cipla & ITC. So as of 23-Nov-07 Sensex is at - 18852.87 & Nifty is at - 5608.60.
posted in News |
23rd
November
2007
Mudra port and sez now announce the IPO allotment. Investor can check the allotment into their DP account.
Below is the more details bout Mudra Port IPO.
»» Public Issue Open : November 01, 2007 to November 07, 2007
»» Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO )
»» Public Issue Size: 40,250,000 Equity Shares of Rs. 10/-
»» Public Issue Price: Rs. 400/- to Rs. 440/- Per Equity Share
»» Market Lot: 15 Shares
»» Minimum Order Quantity: 15 Shares
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing At: BSE, NSE
»» Lead Manager(s): DSP Merrill Lynch, ENAM Financial, JM Financial, SSKI Corporate and SBI Capital
»» Registrar : Intime Spectrum Registry Ltd (Ph: 022 2596 0320 Email: mpsezl-ipo@intimespectrum.com)
posted in IPO |