Tuesday, April 23News That Matters

Stocks

Bharat Road Network IPO – Details & Review, Opening Date, Issue Price, Allotment Status, Listing

Stocks
Bharat Road Network, a road / highways projects company is coming up with its IPO on XXXX. Issue Details of Bharat Road Network IPO:   IPO Open :   Issue Price band:  Issue Size:  Market lot :   Minimum Investment:   Book Running Lead Managers :  Registrar –  Listing: BSE/NSE IPO Issue Allocation Qualified institutional buyers (QIBs) – 75% of the offer. Non-institutional bidders –  15% of the offer. Retail individual bidders  – 10% of the offer. Background Bharat Road Network Limited is a road build-operate-transfer (BOT) company in India, focused on development, implementation, operation and maintenance of roads/highways projects. It was incorporated in 2006 as a developer and operator for highways, road and related projects on a BOT basis. As per the letter a...

Four Seasons Residency IPO – Details & Review, Opening Date, Issue Price, Allotment Status, Listing

Stocks
Four Seasons Residency, a hotel company is coming up with its IPO on XXXX. Issue Details of Four Seasons Residency IPO:   IPO Open :   Issue Price band:  Issue Size:  Market lot :   Minimum Investment:   Book Running Lead Managers :  Registrar –  Listing: BSE/NSE IPO Issue Allocation Qualified institutional buyers (QIBs) – 75% of the offer. Non-institutional bidders –  15% of the offer. Retail individual bidders  – 10% of the offer. Background Four Seasons Residency Limited (FSRL) was incorporated as “Four Seasons Residency Private Limited” in April 2009. Thereafter a fresh certificate of incorporation consequent upon change of name on conversion of the company to public limited company in the name of the “Four Seasons Residency Limited” was granted in Sep 2011...

HUDCO IPO Allotment Status, Allotment Date, Listing Date, Price – Details & Review

Stocks
HUDCO IPO Allotment Status & Listing Date: If you have applied for HUDCO shares in the IPO, the chances are you will get limited shares only as the issue was hugely oversubscribed. Allotment will be most likely around 18th May and you can check the allotment status then. The issue is expected to be listed on 19-May. There are 2 different options to check your allotment for HUDCO IPO -  [xyz-ihs snippet="ad1"] At Registrar's website - You can check allotment status on registrar website (Alankit).They have given 2 new links - Link 1 & Link 2. You will need your PAN number to check the status.   BSE : You can also check the allotment status at this BSE Link as well. You will need both PAN & Application number for checking at BSE website. PSP Projects IPO is opening on 17t...

PSP Projects IPO – Details & Review, Opening Date, Issue Price

Stocks
PSP Projects, a construction company is coming up with its IPO on 17-May-2017 Issue Details of  PSP Projects IPO:   IPO Open :  17 May - 19 May  2017 Issue Price band: Rs 205 - 210 per share Issue Size: Rs 206  crores  ( XX  Shares) Market lot :  70 shares (application per share Rs 210) Minimum Investment:  Rs 14700 (Upper band) Book Running Lead Managers :  Karvy Registrar – Karvy Listing: BSE/NSE IPO Issue Allocation Qualified institutional buyers (QIBs) –  50% of the total issue size. Non-institutional investors (NIIs) –  15% of the issue size. The retail quota limit in the issue = 35% of the issue size. Background It is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional,...

IRB InvIT Fund IPO (First InvIT Fund) – Details & Review, Price, Listing

Stocks
Update: 4th May Day 2: IRB InvIT Fund IPO subscribed 62% on Day 2. Institutional Investors' portion was subscribed 49% and other investors 77 %. Engineering company IRB Infrastructure on became the first firm to announce a public offer in the InvITs space with a Rs5,000 crore plus public issue of its fund opening on 3 May. What are InvIT :  InvITs or infrastructure investment trusts are those debt instruments which be traded in the market and can act as investment vehicles for the sponsors. The listing of instruments enable promoters of infrastructure to monetise completed assets and raise funds for other long-term projects. Infrastructure investment trusts are similar to mutual funds that pool investment from various category of investors and invest them into completed and revenue genera...

S Chand and Company IPO – Allotment status, Price, Listing – Details & Review

Stocks
Allotment Status: S Chand IPO allotment status will be available on Link Intime’s website. Click on this link to get allotment status. You can also check your IPO allotment status from your mobile at  https://linkintime.co.in/ipo  Update: Day 3: S Chand IPO issue is oversubscribed 60 times on day 3.  (QIB - 44 times, Retail 5.48 times,  NII - 204 times) Update: Day 2:  S Chand IPO issue is already oversubscribed 2 times on day 2.  (QIB - 2.68 times, Retail 2.24 times,  NII - 0.4 times) S Chand & Co , the leading publishing and education service enterprise is coming up with its IPO on 26th April. Issue Details of S. Chand IPO:   IPO Open :  26th April - 28th April 2017 Issue Price band: Rs 660 - 670 per share Issue Size: Rs 325 crores  ( XX  Shares) Mark...

Why Indiabulls Real estate was up by 40% today?

Stocks
Today on 17th Mar 2017, shares of Indiabulls were up by 40%. It was trading at its highest level since 2011. What was the reason such a big rally? The Company's board in its meeting today considered the possibility of streamlining its existing ‘residential', ‘commercial' and ‘leasing' businesses by segregating ‘commercial & leasing' business carried on by itself and/or through its SPVs and vesting the same into ‘Indiabulls Commercial Assets Ltd' (ICAL). The company’s management told CNBC-TV18 that it will either look for strategic partner or demerge the commercial leasing business. The company further outlined that it may consider REIT listing in India and was looking at statutory changes for the same. "In the recent past, there have been some marquee deals in this space. Government I...

Focus Lighting & Fixtures – SME IPO – Details & Review, Subscription, Allotment, Price, Listing

Stocks
On Day 4, Focus Lighting & Fixtures was over-subscribed almost 89 times.   Day Subscription (no. of times) Day 1  0.11 Day 2  0.52 Day 3  4.11 Day 4  88.99 Focus Lighting & Fixtures products (started in 2005) provide vide range of products which includes recessed adjustable spotlights, recessed downlights, surface mounted spotlights, surface-mounted / suspended downlights, system based spotlights / wallwasher, track-mounted spotlights, etc. each with different working capabilities Issue Details of Focus Lighting & Fixtures SME IPO Issue Open :  30th March to 5th April 2017 Issue Price / Floor Price : Rs 45 per share Issue Size: Rs 4.05 crores (900,000 Equity Shares) Application per share :  Rs 45 Minimum No of shares bid:  3000 shares / Rs 135,...

Dev Information Technology – SME IPO – Details & Review, Subscription, Allotment, Price, Listing

Stocks
Day Subscription (no. of times) Day 1  1.26 Day 2  2.50 Day 3  11.79 Day 4  74.16 Dev Information Technology Ltd (incorporated on 1997) is a ISO 9001:2008 certified company, with the business of IT solutions.  Issue Details of Dev Information Technology SME IPO Issue Open :  31st March to 6th April 2017 Issue Price / Floor Price : Rs 42 per share Issue Size: Rs 6.25 crores (14,88,000 Equity Shares) Application per share :  Rs 42 Minimum No of shares bid:  3000 shares / Rs 126,000 Maximum Retail investment - 3000 shares Book Running Lead Managers : Hem Securities Registrar – Link Intime India 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...

Creative Peripherals & Distributions – SME IPO – Details & Review, Price, Listing

Stocks
  Day Subscription  (no. of times) Day 1  0.10 Day 2  0.30 Day 3  0.85 Day 4  1.62   Creative Peripherals & Distributions Limited is Market entry and PAN-India distribution specialist with more than 175 employees and 5000 channel partners. Founded in 1992 by three people, Creative Peripherals Distributions Ltd., today employee more than 175+ people and is a market entry and PAN-India distribution specialist. In all these years, Creative Peripherals has partnered with a number of renowned Brands specializing in IT, Lifestyle, Imaging, and Telecom products. Issue Details of Creative Peripherals SME IPO Issue Open :  29th March to 3rd April 2017 Issue Price / Floor Price : Rs 71-75 per share Issue Size: Rs 12.78 - 13.5 crores (1,800,000 Equity Shares) App...