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Update :  On day 3 (last day), AETL IPO Oversubscribed 115 times.  Financial institutions - oversubsrcibe 94 times HNI - subsrcibe 393 times Retail-  oversubsrcibe 10.48 times As the retail portion is oversubscribed, the allocation will be by draw. Not every applicant will get the allotment. Update :  On day 2, AETL IPO Oversubscribed approx 5 times.  Financial institutions - oversubsrcibe 5.9 times HNI - subsrcibe 0.89 times Retail-  oversubsrcibe 4.89 times Advanced Enzyme Technologies IPO in opening from 20th - 22nd July.  The company is the largest domestic enzyme company, engaged in research, development, manufacture and marketing of over 400 proprietary products developed from 60 indigenous enzymes. It ranks among the top 15 global companies in terms of enzyme sales and...

Check Allotment Status for L&T Infotech IPO You can check the allotment status for L&T Infotech IPO at the registrar website (LinkIntime) below. As per the site, the allotment can be checked after 9 pm on 19th July .  https://www.linkintime.co.in/PublicIssues/ Update 13th July - Day 3 -  L&T IPO is oversubscribed 11.67 times on its last day. QIB - 19.90 times  oversubscribed HNI - 10.75 times oversubscribed Retail: 7.3 times oversubscribed L&T Infotech has attracted 10.58 lakh applications, the largest number of applications in IPOs since 2011. Grey Market Premium (GMP) for L&T Infotech is going @ Rs 75-77 (estimated).   Expected Listing Price is Rs 770 - 800 Update 11th July - Day 1 -  L&T IPO is oversubscribed 1.23 times on Monday. Larsen & Toubro Info...

Allotment Status & Date :  Quess Corp IPO allotment is done now today 8th July & listing is expected on 9th July 2016. Allotment for Quess Corp IPO can be checked on its Registrar's website Link InTime -  https://eipo.linkintime.co.in/PublicIssues/default.aspx https://eipo.linkintime.co.in/ipo/ As the retail portion is oversubscribed 32 times, they will get very limited shares. I have checked with two of my friends. they applied for minimum lot and have not got any allotment. So don't be very hopeful of getting allotment. Also Read:  L&T Infotech IPO opening on July 11. See Details & Review.   01-July-2016 (Day 3) - Quess Corp IPO Oversubscribed 147 times on Day 3 closing date.  Qualified institutional buyers (QIBs) is oversubscribed 2.8 times and Retail investor...

Check MGL IPO Allotment Status, Listing date and price -   30th June - MGL IPO shares are allotted now. The listing date is 1st July. You can check the allotment status at the link - Direct link - https://mglipo.linkintime.co.in https://www.linkintime.co.in/publicissues/default.aspx Many retail investors who have applied for full Rs 2 Lakh, they have not got any allotment. The allotment is done on a lottery basis. So dont be surprised if you have not received any allotment.   Also Read:  Quess Corp IPO has opened on 29th June 2016, closing on July 1. See details & review. L&T Infotech IPO opening on July 11 2016. See details & review. [xyz-ihs snippet="ad1"] ------------------------------------------------------ MGL IPO Subscription Update - 23-June 2016 (Day 3 Last day...

Parag Milk Foods that own brands like 'Gowardhan' and 'Go' brands of milk products is ready to hit the market with its initial public offering (IPO) on 4th May 2016. Update:  Parag Milk IPO is extended till Wed (11-May) and the IPO band is revised to Rs 215-227 Issue Details IPO Open : 4th May to 6th May 2016    (closing date extended to 11-May) Issue Price band: Rs 220 - Rs 227 per share   (revised to Rs 215 - 227) Issue Size - Rs 325 crore Market lot : 65 shares and in multiples of 65 shares Background: Incorporated in 1992, Parag Milk Foods Ltd is Pune based dairy-based branded food producer. Company is involve in collection, distribution of milk and producing dairy-based branded consumer products including cheese, ghee, whey proteins, paneer, curd, yoghurt, milk powders and dair...

Ujjivan Financial Services IPO has been oversubscribed 40 times... QIB oversubscibed 33 times Non Institutional Investors oversubscribed by 135 times Retail quota oversubscribed by 3.8 times.   Read details of Ujjivan IPO in my post -   Ujjivan Financial Services IPO - Details & Review      

Ujjivan Financial Services is a microfinance company with small finance bank license, and is ready to hit the market with its initial public offering (IPO) on 28th April 2016. Issue Details IPO Open : 28th April 2016 to 2nd May 2016 Issue Price band: Rs 207 - 210 per share Issue Size - Rs 875 - 882 crore Market lot : 70 shares and in multiples of 70 shares Background: Ujjivan Financial Services, which will become the second micro-lender to go public, has already received in-principle approval to set up a small finance bank. Ujjivan is fourth largest among the country's micro finance institutions (MFIs) in terms of assets under management (AUM). Its market share was 7% as on March 2015, Equitas being close at 5%, shows data from CRISIL Research. It commenced its operation in 2005...

Thyrocare Technologies, a pan – India diagnostics chain with focus on preventive and wellness health offerings is set to tap the markets with its initial public offer (IPO).    Update: 30-April-2016 IPO Subscription:   Qualified institutional buyers (QIBs) was oversubscribed 73.18 times, Non-institutional investors received 225.30 times subscription. Retail investors portion was also oversubscribed 8.55 times. IPO Allotment Status:  Not yet alloted IPO Listing Date:  Not yet decided.   Issue Details IPO Open : 27th April 2016 to 29th April 2016 Issue Price band: of Rs 420 – 446 per share Issue Size - Rs 451 – 479 crore Market lot : 33 shares and in multiples of 33 shares   Background: TTL is one of the leading pan-India diagnostics chain with focus on preven...

Equitas Holdings Ltd is Chennai based financial services provider focused on individuals and micro and small enterprises (MSEs). Equitas offers services to low income groups and economically weaker individuals operating small businesses and MSEs with limited access to formal financing channels. Equitas is one of the 10 companies that have been selected by the RBI to set up small finance banks (SFB), niche lenders aimed at helping small businesses and farmers get easier access to funding. Equitas operates in 11 states, one union territory and the NCT of Delhi. As of June 30, 2015, Equitas had 520 branches across India.   The Company has three wholly owned operating subsidiaries. These subsidiaries are engaged in financing activities viz.: 1. Equitas Micro Finance P Ltd  - Providing micro l...

As you go into the new financial year, we present you a bunch of stock recommendations from various experts that you can look at with an investment horizon of at least 12 months:   IL&FS Transportation Networks Angel Broking -  With 7 projects expected to commence in next 12 months, Angel Broking expects the debt repayment cycle at a special purpose vehicle (SPV) level to commence, resulting in the overall consolidated D/E levels peaking out at 4.0 times. With concerns over higher D/E levels allayed up to a certain extent, coupled with attractive valuations of 0.3x FY2017E P/BV, the domestic brokerage firm has a buy rating on the stock with a price target of Rs 93. Jagran Prakashan Angel Broking -   Jagran Prakashan is expected to register strong growth supported by an i...