Stocks

Mewar Hi-Tech Engineering has announced its SME IPO and the IPO is opened on 30-Sep for subscription. Issue Details of Mewar Hi-Tech Engineering  IPO:   IPO Open :  30th Sep to 6th Oct 2016 Issue Price: Rs 22 per share Issue Size:  Rs 2.34 crores Minimum Bid - 6000 shares Maximum Bid - 6000 shares Minimum Investment:  Rs 132000 Book Running Lead Managers :  Pantomath Capital Advisors Registrar – BigShare Services Listing: The shares will be listed on SME platform of BSE. Background: Mewar Hi-Tech Engineering Ltd is an ISO 9001:2008 certified company engaged in the manufacturing of heavy machines like crushers, mixers and industrial material handling equipments. Based in Udaipur, Rajasthan company manufacture pre-engineering building sheds, cranes, sand machines, conc...

Diksat Transworld has announced its IPO has opened on 29-Sep.  Issue Details of Diksat Transworld  IPO:   IPO Open :  29th Sep to 6th Oct 2016 Issue Price band: Rs 36 - 40 per share Issue Size: Rs 18.43 crore  ( XX Shares) Minimum Bid - 3000 shares Maximum Bid - 3000 shares Minimum Investment:  Rs 120000 (Upper band) Book Running Lead Managers :  Aryaman Financial Services Registrar – Listing: The shares will be listed on SME platform of BSE. Background: Diksat Transworld Limited is engaged in the business of Media and Entertainment through the mediums of Television, Newspapers and Movies. Headquartered in Southern India they are established television broadcaster and newspaper circulation in India. The company owns and operates four satellite channels, including ...

Valiant Organics, a chemicals manufacturing company has announced its SME IPO and the IPO is opened on 29-Sep for subscription. Issue Details of Valiant Organics IPO:   IPO Open :  29th Sep to 4th Oct 2016 Issue Price band: Rs 220 per share Issue Size: Rs 21.43 crores Minimum Bid - 600 shares Maximum Bid - 600 shares Minimum Investment:  Rs 132000 Book Running Lead Managers :  Aryaman Financial Services Registrar – BigShare Services Pvt Ltd Listing: The shares will be listed on SME platform of BSE. Background: Valiant Organics Ltd is a chemical manufacturing company (incorporated in 1984) mainly engaged in the business of manufactures and markets various types of chlorophenols in India. Those chlorophenols are mainly used in agro-chemical industry, pharmaceutical indu...

IPO Allotment Status:  To check IPO Allotment status, please check the link below. Select ICICI Prudential Life, Enter PAN number and you can check the allotment status : https://kosmic.karvy.com:81/ipotrack/ Many members who applied for full amount, they have received an allotment of 251 shares. Listing Date & Price  :  The listing is expected on 29th Sep 2016. Expected to list around Rs 360 [xyz-ihs snippet="ad1"]   21st Sep - ICICI Pru Life IPO Over-subscribed 10.44 times - See details ICICI Prudential Life Insurance IPO is opening on 19th Sep. This is the first Insurance company IPO and the the biggest IPO in 6 years after Coal India. Issue Details  of ICICI Prudential Life Insurance IPO:   IPO Open :   Sep 19 to Sep 21 2016 Issue Price band:  Rs 300 - 334 Issue S...

On the occasion of 70th Independence Day 15th Aug, 2016, CNBC Awaaz has suggested Top 15 Freedom Stocks of 2017. Stock market experts like Mr. Gaurang Shah (Geojit BNP Paribas), Sanjeev Bhasin (India Infoline) and Sandeep Jain (Trade Swift Broking) has given a recommendation about these stocks. These investments can give you good returns over next year.   Freedom Stocks 2017 Target CMP (Aug 2016) Potential   16-Sep-16 Potential Sintex 130 71 83%   82 59% Allahabad Bank 125 73 71%   81 54% Ashok Leyland 116 87 33%   81 43% Mercator 65 44 48%   47 38% Godrej Properties 450 359 25%   335 34% Gabriel India 150 104 44%   115 30% Rallis India 275 219 26%   214 29% Agro Tech Foods 640 487 31%   522 23% Dishman 215 164 31%   187 15% Suprajit 250 192 30%   218 15% ...

Update Day 3 -  Oversubscribed 2.48 times .  QIB 5 times , NII 1.03 times,  Retail 1.8 times Update 13-Sep-2016 (Day 2) - Subscribed only 71% on the day 2 Update 12-Sep-2016 (Day 1) - Subscribed only 18% on the day 1 -  QIB 28%, NII 2%, Retail 19% L&T Technology Services is coming with IPO issue on 12th Sep. Issue Details Issue Open: Sep 12, 2016 - Sep 15, 2016 Issue Price: Rs. 850 - Rs. 860 Per Equity Share Issue Size: Offer for Sale of 10,400,000 Equity Shares of Rs 2 aggregating up to [.] Cr Face Value: Rs 2 Per Equity Share Minimum Order Quantity / Market Lot: 16 Shares Background L&T Technology Services Ltd is third-party ER&D (Engineering, Research and Development) service provider . L&T Tech provide services to manufacturing, technology and process e...

RBL Bank (formerly called Ratnakar Bank) will open its initial public offer (IPO) on August 19, at a price band of Rs 224-225 per share. The company is planning to raise over Rs 1,200 crore.  This is the first Indian bank IPO in last 6 years. Issue Details Issue Dates :  Aug 19 to Aug 23 2016 Price Band: Rs 224 - 225 per share Bid lot: 65 equity shares or multiples thereof Overall issue size: 5.4 crore shares Face Value - Rs 10 Book Managers - Kotak Mahindra Capital, Axis Capital, CitiGroup, Morgan Stanley India, HDFC Bank, ICICI Sec, IDFC Sec, IIFL, SBI Cap Grey Market price:  In the grey market, the RBL IPO is trading at approx Rs 50 premium now (GMP) . So there is a potential listing gain for that amount.  Please note this is just an estimate price. Background RBL Bank Ltd ...

The Goods and Services Tax (GST) bill is expected to be passed in the coming session of Parliament. Sectors like FMCG, auto, cement, light electrical, multiplexes, retail and logistics could be some of the key beneficiaries of India's biggest tax reforms. Even though the implementation of GST is some time away (April 1, 2017), stocks may start discounting the impact sooner than expected. Sectors such as logistics, auto, consumer staples, hospitals, appliances and manufacturing are likely to benefit most from GST.      CMP 52  Low CMP up from Low   52 High Distance from high Logistics             Gati 181 94 93%   206 14% TCI 371 207 79%   384 4% VRL Logistics 355 253 40%   478 35% AllCargo 212 135 57%   428 102% Gateway Distriparks 266 205 30%   378 42% Concor  1508 10...

Day 1 Subscription - On the first day of the issue, it is subscribed only 7% Dilip Buildcon has announced its IPO opening on 1st Aug.   The IPO comprises fresh issue of shares aggregating up to Rs. 430 crore and offer for sale of 11.36 lakh shares held by its promoters Dilip Suryavanshi and Devendra Jain, and private equity fund BanyanTree Growth Capital.  Grey Market Premium IPO Grey Market Premium (GMP) helps in deciding the premium of the IPO Shares on listing day. It is just an estimate. With the Price Band of Rs. 214 – Rs. 219 fo r Dilip Buildcon IPO current Grey Market Premium is between Rs 30 – Rs 40 per equity share which converts to approx 18% Premium on the price of upper band. Note: This is just an estimate.   Issue Details IPO Open :  1st - 3rd Aug 2016 Issue Pric...

S P Apparels IPO is opening for subscription from Aug 2 to Aug 4 at a price band of Rs 258-268 per share. Grey Market Premium:  IPO Grey Market Premium (GMP) helps in deciding the premium of the IPO Shares on listing day. It is just an estimate. With the Price Band of Rs. 258 - 268 for S P Apparels IPO, current Grey Market Premium is between Rs 10-11 per equity share which converts to approx 4% Premium on the price of upper band. Note: This is just an estimate.   Issue Details IPO Open :  2nd Aug to 4th Aug 2016 Issue Price band:  Rs 258 - Rs 268 per share Issue Size:  Rs 215 crore Market lot : 55    Minimum Investment : Rs 14740 at upper price band Lead Managers : Motilal Oswal, Centrum Background: S P Apparels, a manufacturer and exporter of knitted garments based in Tirupur.  ...