Indian Stock Market News, Information, Tips, Investment, IPO Details, Analysis Report

Issue Terms
Issue price / Floor Price (Rs)     55-60
Application per share (Rs)     55.00
Minimum investment amount (Rs)     N.A.
Minimum bid (no of shares)     N.A
Maximum Shares for Retail     N.A

Issue Date and Size

Issue opens     05-Feb-09
Issue closes     09-Feb-09
Listing on     BSE, NSE
Issue size (Rs cr)
Mkt cap at issue price (Rs cr)     N.A.

Share on Offer

Lakhs
Total shares offered     39.73
Of above, offered to public     N.A.
Post-issue shares     N.A.
Post-issue promoters’ holding(%)     N.A.

Investor Information

Lead Manager(1)     Keynote Corporate Services Limited
E-mail     N.A.
Lead Manager(2)     Ashika Capital Limited
E-mail     N.A.
Registrar     Karvy Computershare Private Limited
E-mail     N.A.

Company Contact Details

Company’s address     Karvy House,46,
Avenue 4, Street No.1,
Banjara Hills, Hyderabad
Pincode     500 034

Issue Terms
Issue price / Floor Price (Rs)     75-80
Application per share (Rs)     75.00
Minimum investment amount (Rs)     5,625.00
Minimum bid (no of shares)     75 and in multiples of one equity share thereafter
Maximum Shares for Retail     1275-1200

Issue Date and Size

Issue opens     03-Feb-09
Issue closes     06-Feb-09
Listing on     BSE, NSE
Issue size (Rs cr)     41.25-44
Mkt cap at issue price (Rs cr)     88.89-94.82

Share on Offer

Total shares offered     55.00 (Lakhs)
Of above, offered to public     55.00 (Lakhs)
Post-issue shares     118.53 (Lakhs)
Post-issue promoters’ holding(%)     51.40 (Lakhs)

Investor Information

Lead Manager(1)     Almondz Global Securities Limited
E-mail     gemini.ipo@almondz.com
Lead Manager(2)
E-mail     N.A.
Registrar     Karvy Computershare Private Limited
E-mail     gemini.ipo@karvy.com

Company Contact Details

Company’s address     501, Palm Spring, Link Road,
Next to ‘D’ Mart,
Malad (West),
Mumbai.
Pincode     400 064
Tel No.     91-22-28808822
Fax No.     91-22-28808998
Website     http://www.geminief.com

Texmo Pipes and Products Limited, presently engaged into manufacturing of PVC and HDPE pipes, proposes the expansion of product range and setting up of manufacturing facilities for injection mouldings/fittings and woven sacks.

To fund this expansion plan, the Company proposes to enter the Capital markets with a public issue of 50,00,000 Equity shares of Rs 10 each through 100% book building process. The Issue would constitute 44.37% of the fully diluted post issue paid-up capital of the Company. Almondz Global Securities Ltd is the Book Running Lead Manager for the Issue and Karvy Computershare Pvt Ltd is the registrar.

Texmo Pipes and Products Limited has two production units at Burhanpur in Madhya Pradesh, where it  manufactures PVC and HDPE pipes to meet the requirements of application in irrigation, agriculture, potable water supply schemes, sewerages and drainage systems, construction industry, telecom industry and bore/tube well for underground water suction.

Some of its clients during the financial year 2007-08 were Idea Cellular, Reliance Communication Infrastructure Ltd., and Videsh Sanchar Nigam Ltd. With the increase in demand for various types of pipes, the Company intends to expand its product range by venturing into manufacturing of CPVC, DWC and drip in-line pipes. Also in order to facilitate its clients with accessories for the pipes, it plans to venture into manufacturing of injection mouldings/fittings. The Company also intends to diversify in the manufacturing of woven sacks.

The IPO of Alkali Metals has received bids for 26,24,700 shares as against issue size of 25,50,000 shares and is subscribed 1.03 times, as per NSE website. The issue had opened on October 7, 2008.

The company’s public issue of 25,50,000 equity shares in the price band of Rs 90 to Rs 105 per equity share was scheduled to close on October 10, 2008 but was extended to October 15, 2008 due to adverse market conditions. The price band was also revised to 86 to Rs 103 per equity share.

Today, Chemcel Biotech listed on BSE at its issue price which is Rs. 16.

The public issue of 1.54 lakh equity shares of Rs 10 each was subscribed 1.83 times.

Alkali Metals has decided to extend the last date for its IPO to October 15, 2008 in the price band of Rs 86 to Rs 103 per equity share of Rs 10 each due to adverse market conditions.

An IPO has received bids for 8,63,070 shares as against issue size of 25,50,000 shares and got subscribed 0.34 times, as per NSE website, till October 10. The issue had opened on October 7, 2008.

Below is the details of Alkali Metals (AM) IPO information.

Issue Terms
Issue price / Floor Price (Rs)     90-105
Application per share (Rs)     N.A.
Minimum investment amount (Rs)     65.00
Minimum bid (no of shares)     N.A
Maximum Shares for Retail     N.A

Issue Date and Size

Issue opens     07-Oct-08
Issue closes     10-Oct-08
Listing on     NSE,BSE
Issue size (Rs cr)

Investor Information

Lead Manager(1)     Chartered Capital and Investment Ltd
E-mail     N.A.
Lead Manager(2)     Saffron Capital Advisors Pvt Ltd
E-mail     N.A.
Registrar         Cameo Corporate Services Ltd
E-mail             cameo@cameoindia.com

Company Contact Details

Company’s address     Plot No B-5 Block III,
Industl Devlopment Area Uppal,
Hyderabad - 500039,
Andhra Pradesh, India

Pincode     500039
Tel No.     91-40-27202298
Fax No.     91-40-27201454

Website     http://www.alkalimetals.com

Issue Terms
Issue price / Floor Price (Rs)     16
Application per share (Rs)     16.00
Minimum investment amount (Rs)     N.A.
Minimum bid (no of shares)     N.A
Maximum Shares for Retail     N.A

Issue Date and Size

Issue opens     09-Sep-08
Issue closes     12-Sep-08
Listing on     BSE
Issue size (Rs cr)     24.64
Mkt cap at issue price (Rs cr)     41.47

Share on Offer

Total shares offered     154.00 (Lakhs)
Of above, offered to public     128.00 (Lakhs)
Post-issue shares     259.18 (Lakhs)
Post-issue promoters’ holding(%)     46.76 (Lakhs)

Investor Information

Lead Manager(1)     Allbank Finance Ltd
E-mail     chemcel_ipo@allbankfinance.com
Lead Manager(2)
E-mail     N.A.
Registrar     Bigshare Services Pvt Ltd
E-mail     bigshare@bom7.vsnl.net.in

Company Contact Details

Company’s address

16-130/12 JRD Tata Ind Estate,
Auto Nagar Kanuru,
Vijayawada,
Andhra Pradesh, India.

Pincode     520007
Tel No.     91-866-2540355
Fax No.     91-866-2545437
Website     http://www.chemcelbiotechltd.com

20 Microns (2M) IPO Details

Issue Terms

Issue price / Floor Price (Rs)     50-55
Application per share (Rs)     N.A.
Minimum investment amount (Rs)     N.A.
Minimum bid (no of shares)     100 and in multiples there off starting with atlea
Maximum Shares for Retail     1800

Issue Date and Size

Issue opens     08-Sep-08
Issue closes     11-Sep-08
Listing on     NSE,BSE

Issue size (Rs cr)
Mkt cap at issue price (Rs cr)     N.A.

Share on Offer

Total shares offered     4,350,632.00

Of above, offered to public     N.A.
Post-issue shares     N.A.
Post-issue promoters’ holding(%)     N.A.

Investor Information

Lead Manager(1)     Keynote Corporate Services Ltd
E-mail     N.A.
Lead Manager(2)
E-mail     N.A.
Registrar     Intime Spectrum Registry Ltd
E-mail     N.A.

Company Contact Details

Company’s address

9-10 GIDC Indl Area,
Waghodia,
Vadodara,
Gujarat,
India.

Pincode     391760
Tel No.     91-2668-262001
Fax No.     91-2668-262447

Website     http://www.20microns.com

Austral Coke and Projects is mainly engaged in manufacture of low ash metallurgical coke (LAM Coke).

The company’s IPO of 72,60,000 equity shares of Rs 10 each was subscribed 1.65 times.

The equity shares will list on the bourses on September 4, 2008. The issue price is Rs 196 per share.