Wednesday, April 24News That Matters

Stocks

Escorp Asset Management – SME IPO – Details & Review, Subscription, Allotment, Price, Listing

Stocks
Day Subscription (no. of times) Day 1  0.06 Day 2  0.21 Day 3  1.05 Day 4  2.34 Escorp Asset Management Limited is engaged in providing portfolio management services and/or managing funds. The Company is engaged in business activities, such as investment advisory; corporate treasury advisory; institutional fund management and advisory; research services, and personal tax planning and advisory services. EAML is a asset management arm of the group that has also applied to SEBI for registration as Portfolio Manager that is under process. Issue Details of Escorp Asset Management SME IPO Issue Open :  31st March to 6th April 2017 Issue Price / Floor Price : Rs 15 per share Issue Size: Rs 3.24 crores (21,60,000 Equity Shares) Application per share :  Rs 15 Minimum No...

Current SME IPO 2017 – Details & Reviews

Stocks
Consolidated List of SME IPO Details & Reviews:   Ongoing SME IPO - Read reviews SME IPOs Opening Date Last Date Price ASL Industries 31-Mar-2017 7th April 2017 35 Dev Information Technology  31-Mar-2017 6th April 2017 42 MK Proteins  31-Mar-2017 7th April 2017 70 Escorp Asset Management  31-Mar-2017 6th April 2017 15 Focus Lighting  30-Mar-2017 5th April 2017 45 Creative Peripherals 29-Mar-2017 3rd April 2017 21-75   Note that SME IPOs have higher risk as the companies are small.

ASL Industries – SME IPO – Details & Review, Price, Listing

Stocks
ASL Industries Ltd. is a leading Engineering company for Sheet Metal - Press Shop, Light & Medium Fabrication, Forging and Machined Components, specializing in Assemblies & Sub-Asemblies, situated at Adityapur Industrial Area, Jamshedpur, India.  Issue Details of ASL Industries SME IPO Issue Open :  31st March to 7th April 2017 Issue Price / Floor Price : Rs 35 per share Issue Size: Rs 9.80 crores (28,00,000 Equity Shares) Application per share :  Rs 35 Minimum No of shares bid:  4000 shares / Rs 140,000 Maximum Retail investment - 4000 shares Book Running Lead Managers : Guiness Corporate Advisors Registrar – Karvy Computershare Listing: NSE SME   Ongoing SME IPO - Read reviews SME IPOs Opening Date Last Date Price ASL Industries 31-Mar-2017 7th ...

MK Proteins – SME IPO – Details & Review, Price, Listing

Stocks
M K Proteins Limited engages in manufacturing and trading of edible oils. The company offers refine rice bran, sunflower, cotton seed, soya bean, palm, canola, and rice bran bleached oils.  Issue Details of MK Proteins SME IPO Issue Open :  31st March to 7th April 2017 Issue Price / Floor Price : Rs 70 per share Issue Size: Rs 10.234 crores (14,62,000 Equity Shares) Application per share :  Rs 70 Minimum No of shares bid:  2000 shares / Rs 140,000 Maximum Retail investment - 2000 shares Book Running Lead Managers : Sarthi Capital Advisors Registrar – Bigshare Services Pvt Ltd Listing: NSE SME     Ongoing SME IPO - Read reviews SME IPOs Opening Date Last Date Price ASL Industries 31-Mar-2017 7th April 2017 35 Dev Information Technology  31-Mar-2017 ...

D-Mart IPO (Avenue Supermarts IPO) Allotment Status – Details, Review

Stocks
The shares for D-Mart / Avenue Supermarts is allocated now. You can check the allotment status for D-Mart IPO (Avenue Supermarts IPO at the registrar link (Link Intime) below: https://www.linkintime.co.in/publicissues/default.aspx I applied for 100 shares and was allocated 50 shares. See screenshot.  [xyz-ihs snippet="ad-full"] Avenue Supermarts has opened its IPO on 8th March 2017.  It is the operator company of D-Mart supermarkets. The retail chain’s IPO is also significant on the back of its strong promoter entity, Radhakishan Damani. He is considered among the major names in the markets as a trader and value investor and this is considered to be his entry into the big league.  Issue Details of Avenue Supermarts IPO (operator of D-Mart):   IPO Open :  8th March to 10th Mar...

Music Broadcast IPO (Radio City IPO) Allotment Status – MBL IPO Details & Review

Stocks
  The Shares are expected to be listed on Friday. You can check the allotment status for Music Broadcast IPO (Radio City IPO) at the link below: https://kosmic.karvy.com:81/ipotrack/   [xyz-ihs snippet="ad1"]   Update: 7th March (Day 2) -  The IPO issue is over-subscribed 2.1 times retail investors was subscribed 3.6 times,  high net-worth individuals’ category was subscribed 24%. institutional investor category saw a subscription of 1 times, Music Broadcast, the operator of FM channel Radio City has kicked off its Rs 500 crore IPO on Monday 6th March 2017. Issue Details IPO Open :  6th - 8th March Issue Price band:  Rs 324 - 333 Issue Size:  approx Rs 488 crore Market lot : 45 Max Shares for Retail - 585 at cutoff price Listing - Expecte...

Top Stock Picks for medium to long term investment

Stocks
Top Stock Picks for medium to long term investment  by Prabhudas Liladher, Anand Rathi,    Amisha Vora, Prabhudas Lilladher  (Link) State Bank of India Jindal Steel & Power Thyrocare Parag Milk   Siddharth Sedani, Anand Rathi (Link) LT Foods  (Target Rs 79) Escorts (Target - Rs 450)   Mahantesh Sabarad, SBI Cap Securities (Link) Consumer durable names or consumer financing companies and consumer discretionary companies Two wheeler space [xyz-ihs snippet="ad1"]

Genesis Colors IPO Details & Review – Opening date, Price Band, Opening Price

Stocks
Update:8-Feb -  SEBI has approved Genesis Colors IPO  Genesis Colors Limited is a leading platform for luxury & premium fashion brands in India.  (Satya Paul, Armani, Hugo Boss , Jimmy Choo etc) Issue Details  (not yet announced) IPO Open :  Issue Price band:   Issue Size:   Market lot : Max Shares for Retail - IPO Issue Allocation Qualified institutional buyers (QIBs) -  50% per cent of the total issue size. Non-institutional investors (NIIs) -  15% per cent of the issue size. The retail quota limit in the issue = 35%  Objective of the issue: The objects of the net proceeds from the issue are: 1. Purchase of shares of Genesis Luxury Fashion Private Limited (a subsidiary) from Splendor distribution limited(Rs 280 crores)and Sanjay Kapoor (Rs 37 crores) and...

BSE IPO Details & Review – Price Band, Issue Price, Opening date

Stocks
BSE Limited is the owner and operator of BSE Exchange (Bombay Stock Exchange), India largest stock exchange by number of companies listed. Issue Details IPO Open :  23 Jan to 25 Jan 2017 Issue Price band:  Rs 800 - 850 Issue Size:  approx Rs 1311 crore Market lot : 17 Max Shares for Retail - 221 IPO Issue Allocation Qualified institutional buyers (QIBs) -  50% per cent of the total issue size. Non-institutional investors (NIIs) -  15% per cent of the issue size. The retail quota limit in the issue = 35%    Objective of the issue: The company will not receive any proceeds of the offer and all the proceeds of the offer will go to the selling shareholders in the proportion of the equity shares offered by them The objects of the offer (OFS) are: 1. To achieve...

5 Multibagger stocks to invest in 2017 – Kotak Secuties

Stocks
Kotak Securities CEO - Kamlesh Rao has provided their top 5 recommendations that can be multibagger in next 2-3 years: NIIT Limited Engineers India Limited Mold-Tek  Packaging Natco Pharma PNC Infra   NIIT Limited The initiatives taken by the new management have led to consistent improvement in revenue growth and earlier-than-expected benefits on margins over the past six quarters. We remain optimistic about the future prospects of NIIT. NIIT has launched new programs in S&C business and added new clients in CLS, which should support future growth. Engineers India Limited Engineers India enjoys healthy market share in the Hydrocarbon consultancy segment. It enjoys prolific relationship with few of the major oil & gas companies like HPCL, BPCL, ONGC and IOC. Lo...