Tuesday, December 22, 2009
2010 NSE BSE Holiday List
Holidays Date Day Day
1 New Year 1st January 2010 Friday
2 Republic Day 26th January 2010 Tuesday
3 Mahashivratri 12th February 2010 Friday
4 Holi (2nd Day) 1st March 2010 Monday
5 Ram Navmi 24th March 2010 Wednesday
6 Good Friday 2nd April 2010 Friday
7 Dr. Babasaheb Ambedkar Jayanti 14th April 2010 Wednesday
8 Ramzan Id 10th September 2010 Friday
9 Diwali Amavasya (Laxmi Puja) 5th November 2010 Friday
10 Bakri-Id 17th November 2010 Wednesday
11 Moharum 17th December 2010 Friday
JSW Energy listing- on 4th jan 2010
JSW will list on new year in jan 4th 2010 the new bumper listing in 2010 yahoooooo
JSW Energy IPO allotment status is out check out here
As expected allotment is firm in retail section, please find below details & you can check your status.
allotment status link: IPO status
JSW Energy IPO allotment status is out check out here
As expected allotment is firm in retail section, please find below details & you can check your status.
allotment status link: IPO status
Saturday, December 19, 2009
IPO through ASBA - your money will be there in your a/c till this process ends
What's ASBA?
ASBA is an application process for subscribing to book built IPOs and rights issues. This system ensures that the applicant's money remains in his bank account but it is blocked till the shares are allotted. Upon allotment, the proportionate amount of money is released from the bank account.
When introduced in 2008, ASBA could be availed only by retail investors. Recently, this clause was amended to accommodate corporate investors and high net worth investors from January 1, 2010.
20 Microns was the first company to give investors the option of applying though ASBA. Out of 25,003 applications received from retail investors, 9.7 per cent were received through ASBA. Even in the more recent NPHC IPO, nearly 1.5 lakh retail investors applied though ASBA. This accounted for 11.7 per cent of total retail application.
How it works
Under this mechanism, an investor is required to give an authorisation to his bank to block the application money in his account in order to subscribe for the IPO. Apart from the amount set aside for IPO, the bank account can be freely used for any other purpose.
The money set aside for IPO is debited only after the allotment is finalised or the IPO is withdrawn or it fails. Not all banks are authorised to provide this service. Only select 24 banks known as Self Certified Syndicate Banks (SCSBs) are capable of providing the ASBA service to investors. These banks are listed in the Web sites of SEBI, BSE and NSE.
While applying for the offer, you can choose to pay through ASBA or through cheque. There is a separate form for applying through the ASBA and once you decide to go through this route, you cannot make another application through a cheque. If you apply through a cheque and ASBA, your application will be rejected on grounds of multiple applications.
Advantages
Applying through ASBA is not mandatory. But considering its advantages, it may turn out a better proposition than the usual cheque payment route, with the biggest benefit being that you don't have to bother about the refund process.
The money required for allotment is taken from the bank account only when the basis of allotment is finalised and the application is selected for allotment.
Remember, you can bid only at the cut-off price. Therefore you stand a good chance of being allotted a fair portion of the shares you have applied for. Note that once you have submitted your bid, you cannot revise it, though you may withdraw from the bidding.
Since the money remains with the bank account till then, you don't have to worry about forgoing interest for that period.
Moreover, this process ensures more transparency since you come to know how exactly the allotment process took place.
source :business line
ASBA is an application process for subscribing to book built IPOs and rights issues. This system ensures that the applicant's money remains in his bank account but it is blocked till the shares are allotted. Upon allotment, the proportionate amount of money is released from the bank account.
When introduced in 2008, ASBA could be availed only by retail investors. Recently, this clause was amended to accommodate corporate investors and high net worth investors from January 1, 2010.
20 Microns was the first company to give investors the option of applying though ASBA. Out of 25,003 applications received from retail investors, 9.7 per cent were received through ASBA. Even in the more recent NPHC IPO, nearly 1.5 lakh retail investors applied though ASBA. This accounted for 11.7 per cent of total retail application.
How it works
Under this mechanism, an investor is required to give an authorisation to his bank to block the application money in his account in order to subscribe for the IPO. Apart from the amount set aside for IPO, the bank account can be freely used for any other purpose.
The money set aside for IPO is debited only after the allotment is finalised or the IPO is withdrawn or it fails. Not all banks are authorised to provide this service. Only select 24 banks known as Self Certified Syndicate Banks (SCSBs) are capable of providing the ASBA service to investors. These banks are listed in the Web sites of SEBI, BSE and NSE.
While applying for the offer, you can choose to pay through ASBA or through cheque. There is a separate form for applying through the ASBA and once you decide to go through this route, you cannot make another application through a cheque. If you apply through a cheque and ASBA, your application will be rejected on grounds of multiple applications.
Advantages
Applying through ASBA is not mandatory. But considering its advantages, it may turn out a better proposition than the usual cheque payment route, with the biggest benefit being that you don't have to bother about the refund process.
The money required for allotment is taken from the bank account only when the basis of allotment is finalised and the application is selected for allotment.
Remember, you can bid only at the cut-off price. Therefore you stand a good chance of being allotted a fair portion of the shares you have applied for. Note that once you have submitted your bid, you cannot revise it, though you may withdraw from the bidding.
Since the money remains with the bank account till then, you don't have to worry about forgoing interest for that period.
Moreover, this process ensures more transparency since you come to know how exactly the allotment process took place.
source :business line
Wednesday, December 16, 2009
Music - chance pe dance
I dont like musice only one song is appealing that is pe pe pe it is awesome!!!
rest songs are just hip hop type but i am 90% sure you don't like them.
I simply dont like anyother songs so what should i write......:)
My rating is : **
Next i will try to review dulah mila gaya .
rest songs are just hip hop type but i am 90% sure you don't like them.
I simply dont like anyother songs so what should i write......:)
My rating is : **
Next i will try to review dulah mila gaya .
Monday, December 14, 2009
JSW Energy IPO fixes price 100 rs 95 for retail.
JSW Energy, a part of Sajjan Jindal-led JSW Group, has fixed its issue price at Rs 100 per share, at lower end of price band of Rs 100-115, due to lukewarm response from retail and non-institutional investors.
For retail investors, issue price is fixed at Rs 95 per share, at a discount of Rs 5 to the original issue price.
The initial public offering (IPO) of JSW Energy was opened for subscription during December 7-9,2009 and was subscribed 1.68 times, as per data available on the NSE website. Qualified institutional investors supported the issue to get subscribed; their reserved portion subscribed 2.88 times. The reserved portion of retail & non-institutional investors remained under-subscribed.
LIC has invested Rs 1,884 crore by bidding nearly 1.36 times of total QIB issue size. Excluding anchor investors, LIC has bid 2.11 times QIB portion.
It intends to utilise the issue proceeds for partially financing construction and development of the Identified Projects aggregating to 2,790 MW in capacity & 400 KV transmission project and mining venture (at cost of Rs 2,142.53 crore) and repayment of corporate debt (Rs 470 crore).
JSW Energy is an established energy company with 860 megawatts, or MW, of operational generating capacity and 2,790 MW of generating capacity in the construction or implementation phase, 135 MW of which has been commissioned.
For retail investors, issue price is fixed at Rs 95 per share, at a discount of Rs 5 to the original issue price.
The initial public offering (IPO) of JSW Energy was opened for subscription during December 7-9,2009 and was subscribed 1.68 times, as per data available on the NSE website. Qualified institutional investors supported the issue to get subscribed; their reserved portion subscribed 2.88 times. The reserved portion of retail & non-institutional investors remained under-subscribed.
LIC has invested Rs 1,884 crore by bidding nearly 1.36 times of total QIB issue size. Excluding anchor investors, LIC has bid 2.11 times QIB portion.
It intends to utilise the issue proceeds for partially financing construction and development of the Identified Projects aggregating to 2,790 MW in capacity & 400 KV transmission project and mining venture (at cost of Rs 2,142.53 crore) and repayment of corporate debt (Rs 470 crore).
JSW Energy is an established energy company with 860 megawatts, or MW, of operational generating capacity and 2,790 MW of generating capacity in the construction or implementation phase, 135 MW of which has been commissioned.
Sunday, December 13, 2009
PSU stocks for 2010 and better returns .........
BALMER LAWRIE
Balmer Lawrie is a highly diversified company operating eight distinct strategic business units (SBUs) occupying a leading presence in most of these industries. It is India’s largest manufacturer of metal drums with manufacturing units at eight locations, operates three container freight stations with over 2.5 million sq ft of warehousing space and also provides integrated logistical services. The Kolkata headquartered company also manufacturers lubricants at its 5 plants with 72,000 tonne annual capacity, undertakes highly technical engineering contracts for the oil industry, and at the same time is one of the largest IATA affiliated tour & travel operator. Leather chemicals and tea are the smaller of its operating segments.
Although the economic turmoil of last year restricted its profit growth to a single-digit, the recovery in the current year is likely to boost its profitability. Being debt-free and having a strong dividend history makes it an evergreen investment candidate.
BEML
This 54% government owned company has seen a modest financial performance over last twelve months with sales growth of 10% and profits growth of 19%. Despite the somewhat muted financials, the stock outperformed the Sensex by over 160%, over last 12 months. The reason for the optimism is that its main businesses of construction & mining equipment, which is witnessing a huge demand and is, expected to grow at 20-25%. Further, the company has taken several initiatives in recent past that should help it in the unfolding business scenario in the mining sector, metro coaches and also in overseas market.
CONTAINER CORPORATION OF INDIA
Container Corporation of India (Concor) has a near monopoly in the domestic container rail freight segment. Although private sector operators (15 of them now) started operations in a limited way in this logistics segment since April 07, it is till time till they catch up to this 63% government owned company.
Concor has also been a debt free company for the past several years. The containerized rail freight segment has gained in popularity over the last few years, with Concor’s total volume of container freight traffic handled (export, import and domestic segment) amounted to 23.08 lakh twenty foot equivalent (TEUs) at the end of March 09, a compounded annual growth rate (CAGR) of 7.5% over a four-year time period.
CORPORATION BANK & SYNDICATE BANK
Both are mid-sized state owned banks. Their performance on most of the operating parameters is more than satisfactory. They provide a unique mix of consistency with growth. These banks may not feature among the fastest growing banks in India but the sheer consistency in their numbers makes them worthwhile for investors. For instance, in case of Syndicate Bank the loan growth remained in the range of 25-40% in the past three financial years. This shows that the bank managed to grow its loan book at higher than industry rates for three consecutive years. Similar was the case with Corporation Bank.
Their asset quality is evident from the fact that net non-performing assets form less than 1% of their net assets. However, Corporation Bank maintains an edge over Syndicate Bank, as the former has maintained an average return on assets (RoA) of 1.3% in last three financial years, while the latter clocked an average RoA of only 0.9%. On an average, Indian banks posted RoA of 1%. This shows that Corporation Bank has performed better than industry on all the counts. Stars in the Making
CHENNAI PETROLEUM
Chennai Petroleum is a 51.9% subsidiary of Indian Oil and co-promoter National Iranian Oil company hold a minority 15.4% stake. Chennai Petroleum operates two refineries with a combined capacity of 10.5 MTPA. The company recently completed water desalination and 20 MW power plant making itself sufficient in key inputs. The company is also adding capacity to its Manali refinery, besides upgrading it to Euro III/IV compliant. Going forward, the company will also set up a single point mooring and crude oil terminal to reduce its logistical costs. It also plans to invest in improving distillate yields through residue upgradation. Although current conditions in refining business do not project a rosy picture in immediate future, investors could invest for long-term.
DREDGING CORPORATION OF INDIA
This debt free PSU is the largest dredging company in the country. The 78.6% government controlled dredging company is estimated to have a market share of about 80-85%. As of March ‘09 it had 12 dredgers in its fleet. Recent entrants in this sector include shipping companies like Mercator Lines, which had four dredgers at the end of October ‘09. There are 12 major ports in the country under the control of the ministry of shipping and Dredging Corporation is currently involved in dredging activities at some of these key ports like Haldia, Vishakhapatnam and Marmagoa. Dredging Corporation, along with other players operating under the Indian flag, enjoy a first right of refusal for dredging work contracts subject to certain criterion. The growth trajectory for the dredging industry would come from a spate of ports set-up in the country by private sector players, like Mundra Port and SEZ.
RASHTRIYA CHEMICAL FERTILISER
India’s third-largest fertiliser producer is set to benefit from the higher supply of natural gas and all its plants achieving higher capacity utilisation. RCF is also investing in its existing plants to increase capacities of methanol, ammonium nitro phosphate, while debottlenecking its urea plant in Thal. Additionally, it has plans to set up another urea plant at Thal with over Rs 4250 crore of investments. It is also working on several projects to add new products, augment production capacities, increase efficiencies, reduce emissions and reduce costs. Although its dependency on government’s fertiliser subsidy policy will continue in the near future, its profitability is expected to move on a steady growth path. Long-term investors can accumulate this PSU in their portfolio.
RURAL ELECTRIFICATION CORPORATION
REC is 82% government-owned and has achieved growth of nearly 48% in its sales and profits for trailing four quarters till Sept’09. It has beaten the benchmark index, Sensex by a whopping 280% return over the last 12 months. The company derives significant advantages as a Govt enterprise and operating in a thrust area, through various exemptions and access to low cost funding. Further, the power sector is witnessing tremendous growth, and with greater private participation in managing distribution centres, and developing newer distribution models, the company is expected to maintain its growth momentum.
TIDE WATER OIL
A debt-free, steadily growing business at reasonable price, is how one can describe Tide Water Oil—a public sector lubricant manufacturer. The company has a technical collaboration with Japanese petroleum major Nippon Oil to manufacture the ‘Veedol’ brand of lubricants and industrial greases. The company’s promoter — the government owned Andrew Yule & Co — has just come out of BIFR. Tide Water’s profits have grown at a CAGR of 29% in the last five years, while dividends have risen by 24.6%.
ENGINEERS INDIA
Engineers India is quite uniquely placed in the engineering consultancy and lump sum turnkey projects. As there are no other domestic companies, Engineers India enjoys a near monopoly position, though there are some MNCs present in this space. With the leeway provided by the Govt, the company is considering tapping the exports market, especially West Asia through JVs. It has doubled its sales with nearly 80% increase in profits for trailing four quarters till Sept’09. The stock has beaten the Sensex by a margin of 150% over the last 12 months. Thus with the UPA govt’s increased focus to divest stake in most PSUs, it is essential for retail investors to be aware of the not-so-popular yet investible options. They might turn out to be the multi-baggers.
Source : etinvestorguide/ indiatimes.com
Balmer Lawrie is a highly diversified company operating eight distinct strategic business units (SBUs) occupying a leading presence in most of these industries. It is India’s largest manufacturer of metal drums with manufacturing units at eight locations, operates three container freight stations with over 2.5 million sq ft of warehousing space and also provides integrated logistical services. The Kolkata headquartered company also manufacturers lubricants at its 5 plants with 72,000 tonne annual capacity, undertakes highly technical engineering contracts for the oil industry, and at the same time is one of the largest IATA affiliated tour & travel operator. Leather chemicals and tea are the smaller of its operating segments.
Although the economic turmoil of last year restricted its profit growth to a single-digit, the recovery in the current year is likely to boost its profitability. Being debt-free and having a strong dividend history makes it an evergreen investment candidate.
BEML
This 54% government owned company has seen a modest financial performance over last twelve months with sales growth of 10% and profits growth of 19%. Despite the somewhat muted financials, the stock outperformed the Sensex by over 160%, over last 12 months. The reason for the optimism is that its main businesses of construction & mining equipment, which is witnessing a huge demand and is, expected to grow at 20-25%. Further, the company has taken several initiatives in recent past that should help it in the unfolding business scenario in the mining sector, metro coaches and also in overseas market.
CONTAINER CORPORATION OF INDIA
Container Corporation of India (Concor) has a near monopoly in the domestic container rail freight segment. Although private sector operators (15 of them now) started operations in a limited way in this logistics segment since April 07, it is till time till they catch up to this 63% government owned company.
Concor has also been a debt free company for the past several years. The containerized rail freight segment has gained in popularity over the last few years, with Concor’s total volume of container freight traffic handled (export, import and domestic segment) amounted to 23.08 lakh twenty foot equivalent (TEUs) at the end of March 09, a compounded annual growth rate (CAGR) of 7.5% over a four-year time period.
CORPORATION BANK & SYNDICATE BANK
Both are mid-sized state owned banks. Their performance on most of the operating parameters is more than satisfactory. They provide a unique mix of consistency with growth. These banks may not feature among the fastest growing banks in India but the sheer consistency in their numbers makes them worthwhile for investors. For instance, in case of Syndicate Bank the loan growth remained in the range of 25-40% in the past three financial years. This shows that the bank managed to grow its loan book at higher than industry rates for three consecutive years. Similar was the case with Corporation Bank.
Their asset quality is evident from the fact that net non-performing assets form less than 1% of their net assets. However, Corporation Bank maintains an edge over Syndicate Bank, as the former has maintained an average return on assets (RoA) of 1.3% in last three financial years, while the latter clocked an average RoA of only 0.9%. On an average, Indian banks posted RoA of 1%. This shows that Corporation Bank has performed better than industry on all the counts. Stars in the Making
CHENNAI PETROLEUM
Chennai Petroleum is a 51.9% subsidiary of Indian Oil and co-promoter National Iranian Oil company hold a minority 15.4% stake. Chennai Petroleum operates two refineries with a combined capacity of 10.5 MTPA. The company recently completed water desalination and 20 MW power plant making itself sufficient in key inputs. The company is also adding capacity to its Manali refinery, besides upgrading it to Euro III/IV compliant. Going forward, the company will also set up a single point mooring and crude oil terminal to reduce its logistical costs. It also plans to invest in improving distillate yields through residue upgradation. Although current conditions in refining business do not project a rosy picture in immediate future, investors could invest for long-term.
DREDGING CORPORATION OF INDIA
This debt free PSU is the largest dredging company in the country. The 78.6% government controlled dredging company is estimated to have a market share of about 80-85%. As of March ‘09 it had 12 dredgers in its fleet. Recent entrants in this sector include shipping companies like Mercator Lines, which had four dredgers at the end of October ‘09. There are 12 major ports in the country under the control of the ministry of shipping and Dredging Corporation is currently involved in dredging activities at some of these key ports like Haldia, Vishakhapatnam and Marmagoa. Dredging Corporation, along with other players operating under the Indian flag, enjoy a first right of refusal for dredging work contracts subject to certain criterion. The growth trajectory for the dredging industry would come from a spate of ports set-up in the country by private sector players, like Mundra Port and SEZ.
RASHTRIYA CHEMICAL FERTILISER
India’s third-largest fertiliser producer is set to benefit from the higher supply of natural gas and all its plants achieving higher capacity utilisation. RCF is also investing in its existing plants to increase capacities of methanol, ammonium nitro phosphate, while debottlenecking its urea plant in Thal. Additionally, it has plans to set up another urea plant at Thal with over Rs 4250 crore of investments. It is also working on several projects to add new products, augment production capacities, increase efficiencies, reduce emissions and reduce costs. Although its dependency on government’s fertiliser subsidy policy will continue in the near future, its profitability is expected to move on a steady growth path. Long-term investors can accumulate this PSU in their portfolio.
RURAL ELECTRIFICATION CORPORATION
REC is 82% government-owned and has achieved growth of nearly 48% in its sales and profits for trailing four quarters till Sept’09. It has beaten the benchmark index, Sensex by a whopping 280% return over the last 12 months. The company derives significant advantages as a Govt enterprise and operating in a thrust area, through various exemptions and access to low cost funding. Further, the power sector is witnessing tremendous growth, and with greater private participation in managing distribution centres, and developing newer distribution models, the company is expected to maintain its growth momentum.
TIDE WATER OIL
A debt-free, steadily growing business at reasonable price, is how one can describe Tide Water Oil—a public sector lubricant manufacturer. The company has a technical collaboration with Japanese petroleum major Nippon Oil to manufacture the ‘Veedol’ brand of lubricants and industrial greases. The company’s promoter — the government owned Andrew Yule & Co — has just come out of BIFR. Tide Water’s profits have grown at a CAGR of 29% in the last five years, while dividends have risen by 24.6%.
ENGINEERS INDIA
Engineers India is quite uniquely placed in the engineering consultancy and lump sum turnkey projects. As there are no other domestic companies, Engineers India enjoys a near monopoly position, though there are some MNCs present in this space. With the leeway provided by the Govt, the company is considering tapping the exports market, especially West Asia through JVs. It has doubled its sales with nearly 80% increase in profits for trailing four quarters till Sept’09. The stock has beaten the Sensex by a margin of 150% over the last 12 months. Thus with the UPA govt’s increased focus to divest stake in most PSUs, it is essential for retail investors to be aware of the not-so-popular yet investible options. They might turn out to be the multi-baggers.
Source : etinvestorguide/ indiatimes.com
JSW Energy IPO
IPO info in brief:
Issue Detail:
»» Issue Open: Dec 07, 2009 - Dec 09, 2009
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: Equity Shares of Rs. 10
»» Issue Size: Rs. 2,700.00 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 100 - Rs. 115 Per Equity Share
»» Market Lot: 60 Shares
»» Minimum Order Quantity: 60 Shares
»» Listing At: BSE, NSE
JSW Energy Ltd IPO Grading / Rating
CARE has assigned a 'CARE IPO Grade 4' [Grade Four] to the proposed IPO issue of JSW Energy Ltd (JSWEL). 'CARE IPO Grade 4' indicates above average fundamentals. CARE assigns IPO grades on a scale of Grade 5 to Grade 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CARE IPO Grading Document for JSW Energy Ltd.
Bidding Status (IPO subscription detail):
Number of Times Issue is Subscribed (BSE + NSE)
As on Date & Time Qualified Institutional Buyers (QIBs) Non Institutional Investors Retail Individual Investors (RIIs) Total
Shares Offered / Reserved 119,631,921 26,982,124 80,946,371 227,560,415
Day 1 - Dec 07, 2009 17:00 IST 2.3633 0.0064 0.0185 1.2500
Day 2 - Dec 08, 2009 17:00 IST 2.7710 0.0548 0.0566 1.4800
Day 3 - Dec 09, 2009 17:00 IST 2.8846 0.1510 0.4040 1.6800
My review:
This IPO will work or perform better then all previous ipo because
1. Its fair value is some what near 80-90
Issue Detail:
»» Issue Open: Dec 07, 2009 - Dec 09, 2009
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: Equity Shares of Rs. 10
»» Issue Size: Rs. 2,700.00 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 100 - Rs. 115 Per Equity Share
»» Market Lot: 60 Shares
»» Minimum Order Quantity: 60 Shares
»» Listing At: BSE, NSE
JSW Energy Ltd IPO Grading / Rating
CARE has assigned a 'CARE IPO Grade 4' [Grade Four] to the proposed IPO issue of JSW Energy Ltd (JSWEL). 'CARE IPO Grade 4' indicates above average fundamentals. CARE assigns IPO grades on a scale of Grade 5 to Grade 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CARE IPO Grading Document for JSW Energy Ltd.
Bidding Status (IPO subscription detail):
Number of Times Issue is Subscribed (BSE + NSE)
As on Date & Time Qualified Institutional Buyers (QIBs) Non Institutional Investors Retail Individual Investors (RIIs) Total
Shares Offered / Reserved 119,631,921 26,982,124 80,946,371 227,560,415
Day 1 - Dec 07, 2009 17:00 IST 2.3633 0.0064 0.0185 1.2500
Day 2 - Dec 08, 2009 17:00 IST 2.7710 0.0548 0.0566 1.4800
Day 3 - Dec 09, 2009 17:00 IST 2.8846 0.1510 0.4040 1.6800
My review:
This IPO will work or perform better then all previous ipo because
1. Its fair value is some what near 80-90
Friday, December 11, 2009
DB Corp IPO allotment out here
IPO Info
allotment status link: IPO status
DB Corp IPO which opened on December 11th 2009 is closing on December 15th 2009 , the IPO got subscribed by more than 2 times.
DB Corp IPO Details
D.B. CORP LIMITED
Symbol – Series DBCORP EQ
Issue Period Dec 11, 2009 to Dec 15, 2009
Issue Size 18,175,000 equity shares [including Anchor investor portion of 32,71,500 equity shares]
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs.185 to Rs. 212 .
Tick Size Re. 1/-
Market Lot 30 Equity Shares
Minimum Order Quantity 30 Equity Shares
Maximum Subscription Amount for Retail Investor Rs.100000
IPO Market Timings 10.00 a.m. to 5.00 p.m.
IPO Grading IPO Grade 4/5
Rating Agency CARE
Come HERE to check allotment status
allotment status link: IPO status
DB Corp IPO which opened on December 11th 2009 is closing on December 15th 2009 , the IPO got subscribed by more than 2 times.
DB Corp IPO Details
D.B. CORP LIMITED
Symbol – Series DBCORP EQ
Issue Period Dec 11, 2009 to Dec 15, 2009
Issue Size 18,175,000 equity shares [including Anchor investor portion of 32,71,500 equity shares]
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs.185 to Rs. 212 .
Tick Size Re. 1/-
Market Lot 30 Equity Shares
Minimum Order Quantity 30 Equity Shares
Maximum Subscription Amount for Retail Investor Rs.100000
IPO Market Timings 10.00 a.m. to 5.00 p.m.
IPO Grading IPO Grade 4/5
Rating Agency CARE
Come HERE to check allotment status
Subscribe to:
Posts (Atom)