Avon Weighing Systems Limited - IPO


Incorporated in 1999, Avon Weighing Systems Limited engaged in the business of selling weighing systems in India. Avon is classified as small scale industry. Avon is the authorized dealer and one of the distributors of A&D and Tanita’s weighing systems in India.

A&D is the third largest manufacturer of weighing systems in the world and they manufactures Analytical balances, Precision industrial balances, Moisture meters, Laboratory balances, Jewellery scales, Table top balances, Platform scales, Compact scales, Load cells, Weighing indicators and Viscosity meter etc. TANITA Corporation is one of the largest manufacturers for personal weighing scales, Mechanical/Digital bathroom & body fat monitor/scales, digital baby scale, professional fitness products - body composition analyzers/scales, etc.

Currently, they have manufacturing plant in Baddi (H.P.) where Avon manufactures the compact scales, platform scales, weighbridge & Tablet Calculation Systems- Auto Feeders with SQC software. They are mainly focusing into the industries like jewellery, Fitness centers, Hospitals, Clinics, Hotels & Shopping Malls.

Objectives of the Issue:
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:

  • Setting-up a full fledged manufacturing facility for indigenous manufacture of a particular range of weighing systems
  • Setting-up furniture & fixtures at factory, corporate office & showrooms
  • Setting-up computers and software and SAP systems
  • Contingency Provision
  • To meet the working capital requirement
  • To meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges
  • General corporate purposes

Avon Weighing Systems Limited IPO Information
»» Public Issue Open: June 09, 2008 to June 12, 2008

»» Public Issue Type: Fixed price

»» Public Issue Size: 98,36,400 Equity Shares of Rs. 10/-

»» Face Value: Rs. 10/-

»» Public Issue Price: Rs 10/-

»» Market Lot: 20 Shares

»» Minimum Order Quantity: 20 Shares

»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-

»» Listing: BSE

For our Analysis, http://www.vjondalalstreet.com/ipoopen.php

Draft Prospectus: http://www.vjondalalstreet.com/ipodp.php
Avon Weighing Systems Limited http://www.vjondalalstreet.com/ipoallot.php
Avon Weighing Systems Limited http://www.vjondalalstreet.com/ipoboa.php

Lotus India Banking Fund - NFO

Fund Name : Lotus India Banking Fund
FundOffer Open : May 19, 2008
Offer Close : June 17, 2008
Structure : Open Ended
Nature : Equity Type : Sectoral Banking - Growth for both Retail & Institutional

For our analysis, visit www.vjondalalstreet.com/mfopen.php

MF, IPO & Shares info - 45/2008

Readers Hi,

Till date we have recommended 332 companies

220 companies have achieved and excelled over their targets

61 companies have given profit in the range of 100 � 500% from our recommended price

Start Percent

End Percent

Number of Companies

0

10

73

10

25

73

25

50

64

50

75

36

75

100

22

100

200

42

200

300

11

300

400

4

400

500

4

www.vjondalalstreet.com/marketma.php

1) Share Targets Achieved

Investment Type

Company Name

Date Added

Target Achieved

No of days

Reco Price

Target Price

Peak Price

% Gain

Annualized % Gain

ST

Thana Electric

29-Feb-08

27-May-08

88

22.30

27

26.95

20.85

86.72

LT

Zandu Pharma

13-Nov-07

27-May-08

196

6679.75

8000

8220.10

23.06

43.06

ST

Bank of Rajasthan

27-Mar-08

26-May-08

60

98.80

118

119.80

21.26

129.69

Keeping in mind the uncertainty in the market, we have done minor profit booking in Thana Electric.

www.vjondalalstreet.com/marketma.php

We have started covering Results & Dividends declared in our blog. We have also started a Beginner's Guide for Newbie's benefit. http://blog.vjondalalstreet.com

2) IPO

Bafna Pharmaceuticals

Niraj Cements

www.vjondalalstreet.com/ipoopen.php

3) IPO � Allotment Status

Anu's Laboratories Limited

Gokul Refoils and Solvent Limited

www.vjondalalstreet.com/ipoallot.php

4) IPO � Grey Market Premiums

Bafna Pharmaceuticals

Niraj Cements

Anu's Laboratories Limited

Gokul Refoils and Solvent Ltd

www.vjondalalstreet.com/ipogmp.php

5) Mutual Funds

Reliance Banking Exchange Traded Fund

www.vjondalalstreet.com/mf.php

Happy Trading!

http://www.vjondalalstreet.com
Bus Naam hi kaafi hain…

To subscribe [email protected]

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Disclaimer

All information provided is for informational purposes only, not intended for trading purposes or advice. Prior to execution of any trade, you are advised to consult your financial advisor to verify the accuracy of all information. We are not liable for any informational errors, incompleteness, delays, or for any actions based on information contained herein.

Gokul Refoils and Solvent Limited - Allotment Status

Gokul Refoils and Solvent Limited Allotment Status is available now.

www.vjondalalstreet.com/ipoallot.php

Zandu Pharma - Target Achieved

Zandu Pharma

Recommendation Price - 6679.75
Target Price - 8000
Recommendation Date - 13-Nov-2007
Recommendation Type - Long Term

Today's High Price - 8220.10
Target Achieved in 196 days
Target Achieved Date - 27-May-2008
Annual Gain - 43.06%
Actual Gain - 23.06%

www.vjondalalstreet.com/marketma.php

Thana Electric - Target Achieved

Thana Electric

Recommendation Price - 22.30
Target Price - 27
Recommendation Date - 29-Feb-2008
Recommendation Type - Short Term

Today's High Price - 26.95
Target Achieved in 88 days
Target Achieved Date - 27-May-2008
Annual Gain - 86.72%
Actual Gain - 20.85%

www.vjondalalstreet.com/marketma.php

Anu's Laboratories Limited - Allotment Status

Anu's Laboratories Limited Allotment Status is available now.

www.vjondalalstreet.com/ipoallot.php

Bank of Rajasthan - Target Achieved

Bank of Rajasthan

Recommendation Price - 98.80
Target Price - 118
Recommendation Date - 27-Mar-2008
Recommendation Type - Short Term

Today's High Price - 119.80
Target Achieved in 60 days
Target Achieved Date - 26-May-2008
Annual Gain - 129.69%
Actual Gain - 21.26%

www.vjondalalstreet.com/marketma.php

MF, IPO & Shares info - 44/2008

Readers Hi,

Crude oil and inflation worries have been playing party poopers over the past several weeks. FIIs remaining net sellers is another cause for concern as is the weakness in the rupee (not for exporters though).

Next week, we will have the F&O expiry that will increase volatility in the market. The US market is closed on Monday. The market is likely to be choppy with a negative bias for the next week.

1) Share Recommendations Added

· 1 Short & 1 Long Term Delivery Calls has been added. For our recommendations, please visit Delivery Calls of Market on the www.vjondalalstreet.com/marketshares.php

2) Share Targets Achieved

Investment Type

Company Name

Date Added

Target Achieved

No of days

Reco Price

Target Price

Peak Price

% Gain

Annualized % Gain

LT

Vakrangee Software

21-Jan-08

23-May-08

123

249.05

290.75

290.75

16.74

49.81

ST

Aban Offshore

23-Jan-08

23-May-08

121

3591.60

4292

4292.00

19.50

58.98

Keeping in mind the uncertainty in the market, we have done minor profit booking here.

www.vjondalalstreet.com/marketma.php

We have started covering Results & Dividends declared in our blog. We have also started a Beginner's Guide for Newbie's benefit. http://blog.vjondalalstreet.com

3) IPO

· Bafna Pharmaceuticals

· Niraj Cements

www.vjondalalstreet.com/ipoopen.php

4) IPO - Grey Market Premiums

· Bafna Pharmaceuticals

· Niraj Cements

· Anu's Laboratories Limited

· Gokul Refoils and Solvent Ltd

www.vjondalalstreet.com/ipogmp.php

5) Mutual Funds

· Reliance Banking Exchange Traded Fund

· Sahara Power & Natural Resources Fund

www.vjondalalstreet.com/mf.php

Happy Trading!

http://www.vjondalalstreet.com
Bus Naam hi kaafi hain…

To subscribe [email protected]

You can also join the group with your mobile phone and get updates through sms. To subscribe SMS

JOIN VJonDalalStreet to 567673434

Disclaimer

All information provided is for informational purposes only, not intended for trading purposes or advice. Prior to execution of any trade, you are advised to consult your financial advisor to verify the accuracy of all information. We are not liable for any informational errors, incompleteness, delays, or for any actions based on information contained herein.

New Delivery Calls - 1 Short & 1 Long Term

2 New companies have been added in the Delivery Calls for Short(1) & Long(1) term target.

For more details visit www.vjondalalstreet.com/marketshares.php

Charts

Charts

A picture is worth a thousand words...and this is true of any chart.

Line chart
This is the most basic chart. Take the following chart of SESAGOA. A simple look reveals that the stock has been in an uptrend and has minor corrections from time to time.

Line charts are plotted using the "closing" price of the stock. The red line represents the 50 day moving average (DMA).



Bar chart
Bar charts provide more information than line charts as one can see the open, high and low for the day (apart from the close).

The red bar means stock closed lower relative to the previous close.

The blue bar means stock closed higher relative to the previous close. The "tick" on the left side is the open and the tick on the right side is the close.




Candle sticks
Candle sticks (a 300 year old Japanese technique) give the same information as a bar but are visually more easy to read.
Red candles means stock closed lower relative to the previous close.
Blue candles means stock closed higher relative to the previous close.


_________________
Happy Trading!

Reliance Banking Exchange Traded Fund - NFO

Fund Name : Reliance Banking Exchange Traded Fund
FundOffer Open : May 12, 2008
Offer Close : May 30, 2008
Structure : Open Ended, Exchange Traded Fund (ETF)
Nature : Equity Type : Sectoral Banking - Growth

For our analysis, visit www.vjondalalstreet.com/mfopen.php

Vakrangee Software - Target Achieved

Vakrangee Software

Recommendation Price - 249.05
Target Price - 290.75
Recommendation Date - 21-Jan-2008
Recommendation Type - Long Term

Today's High Price - 290.75
Target Achieved in 123 days
Target Achieved Date - 23-May-2008
Annual Gain - 49.81%
Actual Gain - 16.74%

Keeping in mind the uncertainity in the market, we have done profit booking here (just Rs 9.25 i.e. 3.26% before our target price).

www.vjondalalstreet.com/marketma.php

Aban Offshore - Target Achieved

Aban Offshore

Recommendation Price - 3591.60
Target Price - 4292
Recommendation Date - 23-Jan-2008
Recommendation Type - Short Term

Today's High Price - 4292
Target Achieved in 121 days
Target Achieved Date - 23-May-2008
Annual Gain - 58.98%
Actual Gain - 19.50%

Keeping in mind the uncertainity in the market, we have done profit booking here (just Rs 8 i.e. 0.5% before our target price).

www.vjondalalstreet.com/marketma.php

New Delivery Calls - 1 Short Term

1 New company added in the Delivery Calls for Short term target.

For more details visit www.vjondalalstreet.com/marketshares.php

Hindustan Organic Chemicals - Target Achieved

Hindustan Organic Chemicals

Recommendation Price - 42.45
Target Price - 51
Recommendation Date - 03-Apr-2008
Recommendation Type - Short Term

Today's High Price - 51.05
Target Achieved in 49 days
Target Achieved Date - 22-May-2008
Annual Gain - 151.33%
Actual Gain - 20.26%

www.vjondalalstreet.com/marketma.php

Lakshmi Elect Controls - Target Achieved

Lakshmi Elect Controls

Recommendation Price - 306.75
Target Price - 368
Recommendation Date - 07-Mar-2008
Recommendation Type - Short Term

Today's High Price - 375
Target Achieved in 76 days
Target Achieved Date - 22-May-2008
Annual Gain - 107.15%
Actual Gain - 22.25%

www.vjondalalstreet.com/marketma.php

MF, IPO & Shares info - 43/2008

Readers Hi,

Inflation numbers are at its peak. Crude Oil at its all time high. $ Vs Re kissing 43. Global Weakness is all around.

We have all the negative signs for the market to crack big time. Lets see how long can it hold.

1) Share Recommendations Added

· 1 Short Term Delivery Calls has been added. For our recommendations, please visit Delivery Calls of Market on the www.vjondalalstreet.com/marketshares.php

2) Share Targets Achieved

Investment Type

Company Name

Date Added

Target Achieved

No of days

Reco Price

Target Price

Peak Price

% Gain

Annualized % Gain

ST

Hindustan Organic Chemicals

03-Apr-08

22-May-08

49

42.45

51

51.05

20.26

151.33

ST

Lakshmi Elect Controls

07-Mar-08

22-May-08

76

306.75

368

375.00

22.25

107.15

ST

Videocon Industries

12-Mar-08

20-May-08

69

341.40

409

414.00

21.27

112.82

ST

Madras Alumunium

06-May-08

16-May-08

10

800.20

920

948.00

18.47

676.00

LT

Lupin Limited

14-Nov-07

15-May-08

183

551.95

663

675.70

22.42

39.76

ST

Sandur Manganese & Iron Ores

05-May-08

14-May-08

9

686.85

789

1024.25

49.12

685.64

ST

Noida Medi

05-Mar-08

13-May-08

69

15.20

19

18.90

24.34

129.11

www.vjondalalstreet.com/marketma.php

We have started covering Results & Dividends declared in our blog. We have also started a Beginner's Guide for Newbie's benefit. http://blog.vjondalalstreet.com/

3) IPO

· Bafna Pharmaceuticals

· Niraj Cements

www.vjondalalstreet.com/ipoopen.php

4) IPO - Grey Market Premiums

· Bafna Pharmaceuticals

· Niraj Cements

· Anu's Laboratories Limited

· Gokul Refoils and Solvent Ltd

www.vjondalalstreet.com/ipogmp.php

5) Mutual Funds

· Sahara Power & Natural Resources Fund

www.vjondalalstreet.com/mf.php

Happy Trading!

http://www.vjondalalstreet.com
Bus Naam hi kaafi hain…

To subscribe [email protected]

You can also join the group with your mobile phone and get updates through sms. To subscribe SMS

JOIN VJonDalalStreet to 567673434

Disclaimer

All information provided is for informational purposes only, not intended for trading purposes or advice. Prior to execution of any trade, you are advised to consult your financial advisor to verify the accuracy of all information. We are not liable for any informational errors, incompleteness, delays, or for any actions based on information contained herein.