Initial Public Offering - IPO is when an unlisted company makes either a fresh issue of securities or an offer for sale of its existing securities or both for the first time to the public.
Further public offering - FPO is when an already listed company makes either a fresh issue of securities to the public or an offer for sale to the public, through an offer document. Learn More…
| Company Name | Issue Open | Issue Close | Offer Price | Apply | Description |
Jupiter Infomedia IPO |
30-Jul-12 | 01-Aug-12 | 20 | No | Jupiter Infomedia Limited is web Infomedia company publishing businesses, Encyclopedia and Yellowpages. Jupiter Infomedia Limited has 3 portals 1. JimTrade.com - an online business directory (B2B Portal). This is one of the leading online business directory in India with nearly 3,00,000 products profiles. It provides information on product profiles, supplier�s directory & trade shows in India. 2. IndiaNetzone.com - an Encyclopedia on India. Company produces and publishes well researched articles for everything related to India. It has around 30,000 articles. 3. JimYellowPages.com - an online yellowpages directory for India, which contains 100+ cities and lacs of business listings. Objectives of Jupiter Infomedia IPO 1. Purchase and set-up of offices in Mumbai and Kolkata; 2. Renting offices in Ahmedabad, Chennai and Delhi; 3. Initial Operating Expenses for the Marketing/Branch Office (first three months) and 4. Issue Related Expenses. Will update more... |
Sangam Advisors IPO |
24-Jul-12 | 26-Jul-12 | 22 | No | Sangam Advisors Ltd is incorporated in 1999 and engaged in the business of providing diversified financial services with primary focus in assisting small and medium enterprises (SMEs) in corporate and non corporate sector in their financial planning and arranging funds for them. Sangam Advisors are also engaged in the business of investing in shares and other securities.
Debt Syndication Advisory Services, Corporate Advisory and Investment in Shares / Debentures / Bonds are the services provided by Sangam Advisors Ltd The Promoter of the Company is Giza Estates Private Limited (GEPL). Objectives of Sangam Advisors IPO 1. Investments in listed / unlisted securities and financial products; 2. Issue Expenses; and 3. General corporate purposes. |
Plastene India Limited (IPO) |
09-May-12 | 15-May-12 | 81 - 84 | No | Plastene India Limited is Gujrat based plastics packaging manufacturer. Plastene India is part of Champalal group based in Gandhidham. Plastene India manufactures a variety of transport and storage containers (Jumbo bags/FIBCs) for both dry and liquid (bulk) goods, woven sack product (used in Chemicals, fertilizers, cement, urea, minerals, resin, polymers and rubber industry), variety of laminates (solvent less / solvent based) structures for food and non-food applications and wide range of high tenacity Polypropylene Multifilament yarn dope dyed. Plastene has four manufacturing facilities in India located at Gandhidham, Rajpur and Rakanpur in Gujrat. Plastene exports to around 30 countries and derives close to 49% sales from international customers. Objectives of Plastene India IPO 1. Expansion of manufacturing facilities and purchase of plant and machinery for manufacturing of new product, block bottom valve bags at Nani Chirai; 2. Expansion of manufacturing facilities at Rajpur; and 3. General corporate purposes. ICRA has assigned a rating of 3 (Average Fundamentals) to Plastene IPOHighly expensive and seems to be operated on listing. |
Samvardhana Motherson Finance IPO (SMFL IPO) |
02-May-12 | 04-May-12 | 113 - 118 | No | Samvardhana Motherson Finance Limited (SMFL) is a multinational business with manufacturing and design capabilities providing full system solutions to diverse industries. SMFL provides an end-to-end range of design and manufacturing solutions to the automotive customers, including product concept and product design, engineering, manufacturing, sub-assembly and the production of integrated modules. SMFL business portfolio includes wiring harnesses, rear view mirrors, molded plastic parts, injection molding tools, assemblies and modules, elastomer products, cutting tools and thin film coating metals, IT services, design engineering, cabins for off-highway vehicles, HVAC / air conditioning systems for automobiles, lighting systems, air intake manifolds, air compressors, paint coating equipment, auxiliary equipment for injection molding machines and automotive manufacturing engineering services. The major customers of SMFL include the five largest automotive OEM manufacturers in the world, as well as the largest automotive OEM manufacturer in India. SMFL has 90 manufacturing facilities with a presence in 23 countries across the world, including 23 locations outside India and the company is in the process of establishing new manufacturing facilities in India, Brazil and Thailand. Objectives of SMFL IPO 1. Funding pre-payment and repayment of debt facilities availed by company and its subsidiaries; 2. Funding strategic investments; 3. Funding investments in rear-view vision systems business; 4. General corporate purposes. ICRA has assigned an IPO Grade 4(Above Average Fundamentals) to SMFL IPOSMFL IPO is highly overpriced. |
Tribhovandas Bhimji Zaveri IPO (TBZ IPO) |
24-Apr-12 | 26-Apr-12 | 120 - 126 | No | Tribhovandas Bhimji Zaveri Ltd. is India top jewellery retailer. Company sells gold jewellery, diamond-studded jewellery, platinum jewellery and jadau jewellery though 14 showrooms in 10 cities across five states. Tribhovandas Bhimji Zaveri's most popular and oldest showroom is located at Zaveri Bazar, Mumbai. This was established in 1864. Along with in-house design jewellery, Bhimji Zaveri also offers jewellery from various parts of the world such as Italy, Turkey and Thailand. Bhimji Zaveri was awarded the 'Readers Digest Trusted Brand Asia' in the category of 'Jewellery Shop' in 2006, 2007 and 2008. As at March 31, 2012, TBZ had 1,192 employees. In Fiscal 2011, its revenue from operations was 11,939.31 million on a consolidated basis, of which 72.51% was from the sale of gold jewellery, 22.08% was from the sale of diamond-studded jewellery and 5.41% was from sale of other products. TBZ has plans to open 43 more showrooms by the end of Fiscal 2015 in 43 cities across 14 states. Objectives of Tribhovandas Bhimji Zaveri IPO 1. To finance the establishment of new showrooms; 2. To finance incremental working capital requirements; and 3. General corporate purposes. Compared to its listed peer companies, TBZ IPO is priced very expensively. Once can easily avoid it. |
MT Educare Ltd (MT Educare IPO) |
27-Mar-12 | 29-Mar-12 | 74 - 80 | No | MT Educare Limited is an education support and coaching services provider for students in the secondary and higher secondary school. Also they provide coaching services for students pursuing graduation degree in commerce, preparing for various competitive examinations and undertaking chartered accountancy examinations. MT Educare has serviced over 58300 students in the year 2010 - 11, has over 1400 faculty & staff and 188 centres in 110 locations. MT Educare is one of the leading coaching services providers in Maharashtra, with primary operations in Mumbai with 138 Coaching Centres in 85 locations as on May 15, 2011. Additionally, They have recently started operations at six locations in New Delhi and Gurgaon under the brand "Study Mate - Powered by MT Educare" through HT Learning Centres Limited ("HTLCL"). Objectives of MT Educare IPO 1. Part financing the cost of construction of a PUC campus in Karnataka, which includes the cost of acquisition of land; 2. Establishing new Coaching Centres at 20 locations; and 3. General corporate purposes. MT Educare IPO is aggressively priced compared to its existing peers. One can avoid this issue. |
National Buildings Construction Corporation Limited (NBCC IPO) |
22-Mar-12 | 27-Mar-12 | 90 - 106 | No | National Buildings Construction Corporation Limited (NBCC Ltd) is a public sector company engaged in the business of project management consultancy services for civil construction projects ("PMC"), civil infrastructure for power sector and real estate development. NBCC is headquartered in New Delhi and in addition they have 10 regional / zonal offices across India. NBCC's PMC projects segment includes residential and commercial complexes, redevelopment of buildings and colonies, hospitals, educational institutions, infrastructure works for security personnel, border fencing as well as infrastructure projects such as roads, water supply systems, storm water systems and water storage solutions. Some of their clients are ESIC, Ministry of Defence, Ministry of Home Affairs (including Security forces like CRPF, CISF, NSG, BSF), Ministry of External Affairs, MoUD, Ministry of Commerce and Industry, Ministry of Corporate Affairs, Ministry of Finance, Haryana Urban Infrastructure Development Board, IIT Roorkee, IIT Kharagpur, IIT Patna, SVNIT etc. NBCC Ltd's civil Infrastructure for power sector segment includes providing engineering and construction services for power projects, including design and execution of civil and structural works for power projects, Cooling towers and Chimneys. Some of their clients in this segment include NTPC Limited, BHEL, APGENCO Ltd, Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd, MAHAGENCO Ltd and Karnataka Power Corporation Ltd. Their real estate segment includes residential projects and commercial projects. NBCC Ltd have successfully completed 8 real estate development projects. They have in hand 4 residential Ongoing Projects, 6 residential Forthcoming Projects and 3 commercial Ongoing Projects and 6 Forthcoming Projects. Objectives of NBCC IPO 1. Carry out the disinvestment of 12,000,000 Equity Shares by the Selling Shareholder and 2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges. CARE has assigned a rating of 4 (Above Average Fundamentals). Even though there is a 5% discount to Retail Investors, we do not see much return in this IPO. One can avoid this IPO. |
Olympic Cards Ltd (Olympic Cards IPO) |
09-Mar-12 | 13-Mar-12 | 30 - 32 | No | Olympic Cards Ltd is the Manufacturer and Supplier of Invitation cards for all occasions. They are one of the leading manufacturers of paper / board based products, with a presence mainly in southern India. Olympic Cards is presently in the business of manufacturing and trading Wedding Cards, Greeting Cards, Envelopes, Letter Heads, Business Cards, Calendars, Notebooks, Account Books, etc. They are also trading in the business of printing inks. Olympic Cards export their products including Wedding cards, Greeting cards, Visiting cards, Envelopes and Printing inks to foreign countries such as Malaysia, Singapore, Sri Lanka & Dubai. Olympic Cards have plans to expand their market presence both within and outside India. Olympic offer various facility to its customers like proof mailing, transporting the goods to their request, attending their queries - and providing solution, etc. Olympic provides a single platform, where most of the customer´s needs are satisfied for any kind of ceremonies and function. As for the customer satisfaction they also give them free service of reminder-sms to their guest from 2 days earlier to the function. Objectives of Olympic Cards IPO 1. Setting up of a new manufacturing unit near Chennai 2. Capital Expenditure for establishing 4 own retail outlets of the Company 3. Meet Issue Expenses CRISIL has assigned an IPO Grade 1(Poor Fundamentals) to Olympic Cards IPOOne can simply avoid Olympic Cards IPO |
Multi Commodity Exchange of India Limited (MCX) |
22-Feb-12 | 24-Feb-12 | 860 - 1032 | Yes | Multi Commodity Exchange of India Ltd (MCX) is India based electronic commodity futures exchange. MCX provides online trading facility along with clearing and settlement operations for commodity futures across India. There are five officially recognized electronic multi-commodity national exchanges in India including MCX, NCDEX, NMCE, ICEX and ACE. These five national multi-commodity exchanges accounted for 99.5% of the turnover of commodity futures contracts traded in India. MCX is the largest among these and have above 80% of the market share of the Indian commodity futures exchange industry. MCX allows trading in more than 50 commodities across sectors like bullion, metals, energy, weather, and agricultural products. The Exchange is the world's largest exchange in Silver, the second largest in Gold, Copper and Natural Gas and the third largest in Crude Oil futures, with respect to the number of futures contracts traded. As of December 31, 2010, MCX has more than 2,107 registered members operating through over 180,000 trader work stations in over 1,139 cities across India. MCX emerged as the 5th largest exchange in the world. Objectives of Multi Commodity Exchange of India Limited (MCX) IPO 1. To sale 6,427,378 Equity Shares by the Selling Shareholders 2. To achieve the benefits of listing on the Stock Exchange CRISIL has assigned an IPO Grade 5(Strong Fundamentals) to MCX IPODefinitely Apply in MCX IPO for both listing and medium to long term gains. |
Goodwill Hospital & Research Centre Ltd |
30-Dec-11 | 09-Jan-12 | 175 - 185 | No | Goodwill Hospital & Research Centre Ltd is engaged in running a multi speciality hospital at Noida (Ojjus Medicare). The hospital provides specialty treatment like Neurology and Neuro surgery, Cardiology and Cardiac surgery and Orthopaedics with emphasis on Joint Replacements and Sports Injuries. Goodwill hospital also offers a wide range of tertiary care services in varied fields of medicine. The services entail comprehensive medical solutions, including consultancy, diagnostics and therapy. Goodwill Hospital & Research Centre is raising money for its proposed advanced 500 bedded Oncology Super Speciality Centre at Faridabad. Objectives of Goodwill Hospital & Research Centre IPO 1. Setting up of Diagnostic Centre at Faridabad 2. Establishment of six polyclinics 3. Repayment/Prepayment of Loan facilities 4. General corporate purposes 5. Expenses for the issue CARE has assigned an IPO Grade 3(Average Fundamentals) to Goodwill Hospital IPOGoodwill Hospital IPO is very expensive. |
Indo Thai Securities Limited ( Indo Thai Securities IPO ) |
30-Sep-11 | 05-Oct-11 | 70 - 84 | No | Indo Thai Securities is an India based Stock Broking Company providing trading services in Indian Equity Market (BSE and NSE), Future & Options and Currency Derivatives Segments. The parent group of Indo Thai Securities is Indo Thai group which has 13 financial companies under its umbrella. Indo Thai Securities also provides depository services through Central Depository Services (India) Limited. Other services offered by Indo Thai Securities includes Mutual Fund Service System (MFSS) & Interest Rate Futures (IRF) from NSE. Indo Thai Securities targets net worth individuals and retail investors across India for its services. Indo Thai Securities operates its business from Indore, MP and business from more than 60 locations across 6 States of India including 14 branches in all over India. Objectives of Indo Thai Securities IPO 1. Expansion and upgradation of our Existing Branches and Set up Network of Branches 2. Purchase of Office space for Mumbai regional office 3. Purchase & set up of Office space for Corporate office 4. Brand Building & Advertising 5. Augmenting Long Term Working Capital Requirement 6. General Corporate Purpose. CARE has assigned an IPO Grade 2(Below Average Fundamentals) to Indo Thai Securities IPOIndo Thai Securities IPO is fundamentally weak and highly aggressively priced. |
Taksheel Solutions Ltd ( Taksheel Solutions IPO ) |
29-Sep-11 | 04-Oct-11 | 130 - 150 | No | Taksheel Solution Ltd is IT Solution Company engaged in the business of providing products and services to the financial services industry, Information Technology & Telecom. Headquartered in Hyderabad, with an office in North America, they provide professional IT services to global clients. Taksheel Solution offering Wealth Management Technology Solutions, Telecom Solutions, Business Intelligence, Data Warehousing, Application Development and Application Maintenance. Financial services provided by Taksheel includes wealth management to financial institutions such as Asset and Investment managers, Brokerage houses, Insurance, Hedge funds, Trusts and Family Offices. In Telecom Solutions, Taksheel offers Enterprise IP telephony Solutions, Carrier Switching & Billing Solutions, Contact Center Solutions, IVRS, SMSC, Voice & Video Conference solutions, Chat platforms, Content Delivery Platforms, Closed Private GSM network (CPMN) and In Information Technology services, Taksheel offers Enterprise Network Implementation(LAN,WAN,MAN), OS migration to open source, Software Development, Application customization, Managed IT services (Desktop, Server, Network, NOC support) Server Implementation & Support(Windows, Unix, Sun, Linux),Data Storage Network(SAN,NAS),Network & Data Security Solutions, Network Monitoring System, NOC support Systems, Data center and Disaster recovery center implementation, CRM solution and more. Taksheel offers cost-effective solutions through its Onsite, Offsite and Offshore development methodology by leveraging its global delivery model and utilizing delivery centers based in Hyderabad, India, and New Jersey, USA. Some of their customers include Merryl Lynch and Bank of America. Objectives of Taksheel Solutions IPO 1. Capital expenditure for setting up a new software development center at Hyderabad; 2. Capital expenditure for setting up a new software development center at Warangal; 3. Acquisitions and Other Strategic Initiatives; 4. Financing the incremental working capital requirements; 5. General Corporate Purpose; 6. To meet the issue expenses. CARE has assigned an IPO Grade 2(Below Average Fundamentals) to Taksheel Solutions IPOIssue price is too high. |
Flexituff International Ltd ( Flexituff International IPO ) |
29-Sep-11 | 05-Oct-11 | 145 - 155 | No | Flexituff International Ltd is today in the business of manufacturing Flexible Intermediate Bulk Containers (FIBC), Geo-Textile Fabric and Ground Cover, Reverse Printed Biaxially Oriented Polypropylene (BOPP) Woven Bags, Special Polypropylene (PP) Bags including Leno Bags. Flexituff International has three integrated and self-sufficient manufacturing units located in Pithampur (M.P.) and Kashipur (Uttrakhand). Flexituff also has a recycling and reprocessing plant at Kandla which is used for recovering polypropylene and making various compounds of plastic. Flexituff International have a Research and Development centre at Kashipur which is engaged in the research and development of various compounds for plastic products including engineering plastic, bio-degradable plastic and other new product developments. Flexituff International received 4 Top Exporter Awards from Ministry of Commerce for exporting FIBC and woven products from India in recent years. Objectives of Flexituff International IPO 1. Expansion of manufacturing facilities at SEZ and DTA units at Pithampur; 2. Setting up of Dripper Project at Kashipur; 3. Working capital requirements; 4. General corporate purposes; 5. To meet Issue expenses. CARE has assigned an IPO Grade 3(Average Fundamentals) to Flexituff International IPOIPO pricing is high |
M and B Switchgears Ltd ( M and B Switchgears IPO ) |
28-Sep-11 | 05-Oct-11 | 180 - 186 | No | M and B Switchgears Ltd is engaged in manufacturing of distribution transformers, power transformers, furnace/rectifier transformers and special purpose transformers. M and B Switchgears is in business of manufacturing transformers for more than 30 years and is a preferred supplier of quality transformers. M and B Switchgears existing annual production capacity in terms of KVA is 75,000 KVA of transformer per month on single shift basis and annual aggregate capacity is 9,00,000 KVA per annum. M and B have capacity to manufactures 5,109 transformers per annum. M and B Switchgears client base include almost all electricity boards, reputed industrial groups which include steel, power, pharma, textile, automobile etc., public sector companies like NCL, SECL, WCL, Ordanace factory & various other government utilities. Objectives of M and B SwitchgearsIPO 1) To set up new grid connected 4 MWp solar photovoltaic power plant at Village Gagorni, Distt. Rajghar, Madhya Pradesh; and 2) To meet General corporate purpose. ICRA has assigned an IPO Grade 2(Below Average Fundamentals) to M and B Switchgears IPOM and B Switchgears IPO price is too high |
Onelife Capital Advisors Ltd ( Onelife Capital Advisors IPO ) |
28-Sep-11 | 04-Oct-11 | 100 - 110 | No | Onelife Capital Advisors Ltd (OCAL) is an India based financial service provider specialized in investment banking, including merchant banking. Onelife Capital Advisors has plans to enter in to other financial service sectors including Portfolio Management and Equity Broking services for India Capital Market investors. Onelife Capital offers services like Initial Public Offerings, Rights Issue, Buyback of Shares, Follow-On Public Offering, Qualified Institutional Placements, Open Offers and other Equity Linked Financing for small sized companies. Onelife Capital has recently raised Rs 45.83 crores for Paramount Printpackaging Ltd through an IPO. Objectives of Onelife Capital Advisors IPO 1) Purchase of Corporate Office at Mumbai; 2) Development of Portfolio Management Services; 3) Brand Building Activities; 4) General Corporate Purposes; 5) Achieve the benefits of listing on the Stock Exchanges. ICRA has assigned an IPO Grade 1(Poor Fundamentals) to Onelife Capital Advisors IPOIssue is fundamentally weak and very expensive. |
Tijaria Polypipes Ltd ( Tijaria Polypipes IPO ) |
27-Sep-11 | 29-Sep-11 | 60 | No | Tijaria Polypipes Ltd is an ISO 9001:2000 Certified company engaged in the business of plastic pipes. Tijaria is in manufacturing of pre-lubricated HDPE pipes (PLB HDPE), PVC & SWR pipes, sprinkler pipes and systems, flat tubes, fittings and PET straps under the registered brand name of Tijaria and Vikas. Tijaria Polypipes produces a big product range in the field of plastics, HDPE sprinkler, drip irrigation, micro irrigation, telecommunications etc. Tijaria's product offerings include HDPE pipes, PVC pipes, LLDPE pipes, HDPE DWC pipes, PLB HDPE Ducts, MDPE pipes, uPVC RIGID & BLUE CASING pipes, Pet Granules, MICRO/DRIP Irrigation System, SWR PIPES & FITTINGS, PPR Pipes & Fittings, HDPE Sprinkler System. These products are used in irrigation, telecommunication, industrial, and infrastructure and housing sector. Total production capacity of Tijaria Polypipes is 25163 million tonnes per annum (MTPA). Objectives of Tijaria Polypipes IPO 1. Implementation of the Company�s Expansion cum Diversification Project; 2. Meeting Preliminary and Capital Issue expenses; 3. Meeting Pre Operative expenses; 4. Provision for Contingencies; 5. Provide Working Capital Margin; 6. To get the Equity shares of the Company listed on BSE and NSE. ICRA has assigned an IPO Grade 2(Below Average Fundamentals) to Tijaria Polypipes IPOIssue is fundamentally weak and very expensive |
Swajas Air Charters Ltd ( Swajas Air Charters IPO ) |
26-Sep-11 | 28-Sep-11 | 90 - 100 | No | Swajas Air Charters Ltd is a a Non-Scheduled Airline Operator, servicing a fleet of fixed-wing aircraft and helicopters within and outside India. The services provided by Swajas Air can fulfill various Aviation requirements which range from corporate travel to emergency medical services as well as from aircraft management to maintenance and technical support. Swajas Air offers a number of services falling under the segments of: 1. General Air-Charter Services 2. Off-Shore Transportation & Logistics 3. Charter Tourism 4. Medical Evacuation Services 5. Operations & Maintenance Swajas clients base includes Hardy Exploration & Production (India) Inc., Government of Orissa, Videocon Industries Limited, Larsen & Toubro Limited, Nimbus Communications Limited, Suzlon Energy Limited, Apollo Hospitals Group, BALCO (Bharat Aluminium Company Limited) etc. Objectives of Swajas Air Charters IPO 1. Part Finance the Fleet expansion; 2. Finance the setting up of MRO/Hangar Facility; 3. Finance the purchase of Office Building / Space; 4. Finance the Working Capital Requirements; and 5. General Corporate Purposes. ICRA has assigned an IPO Grade 2(Below Average Fundamentals) to Swajas Air Charters IPOToo expensive and hence simply avoid |
RDB Rasayans Ltd ( RDB Rasayans IPO ) |
21-Sep-11 | 23-Sep-11 | 72 - 79 | No | RDB Rasayans is engaged in the business of manufacturing and selling of FIBC (jumbo bags) and woven sacks and various woven polymer based products like container liners, protective irrigation system, canal liners, etc. PP sacks are mainly used for packing the different products in the fertilizers, cement, polymers, chemicals, textiles, machinery, automobiles and steel industry etc. Objectives of RDB Rasayans IPO 1) To finance the capital expenditure for Unit II 2) To meet general corporate purpose Brickwork Ratings (BWR) has assigned an IPO Grade 2(Below Average Fundamentals) to RDB Rasayans IPOIssue is fundamentally weak and very expensive |
Oil & Natural Gas Corpn Ltd |
20-Sep-11 | 23-Sep-11 | Oil and Natural Gas Corporation Limited (ONGC) is the largest oil and gas exploration and production company in India in Fiscal 2010. ONGC involved in exploration and production of oil (hydrocarbons). ONGC's main business segments are exploration and production, refining. During the fiscal year ended March 31, 2010 (fiscal 2010), ONGC had a crude oil production of 32.95 million metric tons and natural gas production of 27.98 million metric tons. ONGC also engage in exploration and production activities in 14 other countries through their wholly-owned subsidiary ONGC Videsh Limited (OVL). They are present across the hydrocarbon value chain with operations in refining, petrochemicals, power and liquefied natural gas (LNG) in addition to their exploration and production activities. ONGC operates more than 22,000 km's of pipelines in India. Its subsidiaries include ONGC Videsh Limited (OVL), ONGC Nile Ganga BV (ONGBV), ONGC Nile Ganga (Cyprus) Ltd., Jarpeno Limited, Imperial Energy Tomsk Limited, San Agio Investments Limited and Imperial Energy (Cyprus) Limited. Few highlights about ONGC: 1) ONGC is a Fortune Global 500 company ranked 413 2) ONGC is Asia's largest and most active company 3) ONGC is at Rank 18th in top Global Energy Company Rankings 4)ONGC contribute 77% of India's crude oil production and 81% of India's natural gas production. Objects of the ONGC FPO The object of the Offer is to carry out the disinvestment of 427,774,504 Equity Shares by the Selling Shareholder. Will update more... |
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Prakash Constrowell Ltd |
19-Sep-11 | 21-Sep-11 | 130 - 138 | No | Prakash Constrowell Ltd is a construction company engaged in the business of infrastructure development and civil construction. Prakash Constrowell mainly operates in the three segments of construction: 1. Infrastructure development includes construction and maintenance of roads / highways, bridges, including projects on public private partnership (PPP) model, industrial parks, workshops, hospitals, educational institutions; 2. Civil construction includes Government staff quarters, hostel buildings and auditoriums; 3. Residential and commercial real estate construction. Prakash Constrowell is headquartered at Nasik, Maharashtra and has operations across the state of Maharashtra. Prakash Constrowell has successfully executed a range of construction projects in the state of Maharashtra. Client list includes Public Works Department, Maharashtra State, National Building Construction Corporation (NBCC), Maharashtra State Police Housing & Welfare Corporation (MSPHWC), Maharashtra State Road Transport Corporation (MSRTC), Maharashtra State Electricity Distribution Company Ltd. (MSEDCL), Maharashtra State Power Generation Company Ltd, (MSPGCL), Indian Oil Corporation (IOC) etc Objectives of Prakash Constrowell IPO 1. To meet working capital requirement; 2. To Invest in Construction Equipments; 3. To Invest in Subsidiaries; 4. To meet General Corporate Purposes; and 5. To meet Public Issue Expenses. CARE has assigned an IPO Grade 2(Below Average Fundamentals) to Prakash Constrowell IPOPrakash Constrowell IPO pricing is quite expensive. |
PG Electroplast Ltd |
07-Sep-11 | 12-Sep-11 | 190 - 210 | No | PG Electroplast Ltd is in the business of Electronic Manufacturing Services (EMS). PGEL manufactures verity of electronic component and finished goods for Original Equipment Manufacturers (OEMs) of consumer electronic products in India. Broadly PG Electroplast manufactures products as color television sets (CTV) & components, air conditioners sub-assemblies, DVD players, water purifiers and Compact Fluorescent Lamps (CFL) for third parties. PG Electroplast also do plastic injection moulding and manufacture Printed Circuit Boards (PCB) assemblies for CTVs, DVD players and CFL. PGEL has four operational manufacturing facilities located at Greater Noida in Uttar Pradesh, at Roorkee in Uttrakhand, and at Ahmednagar in Maharshtra. Objectives of PG Electroplast IPO 1) Prepayment of the portion of term loan and line of credit facility proposed to be availed by the Company for the expansion under Phase I; 2) Expansion of the manufacturing facility at Unit III, Greater Noida; 3) Expansion of the manufacturing facility at Unit IV, Ahmednagar; 4) Meeting long term working capital requirements; 5) General corporate purposes; and 6) Issue expenses CARE has assigned an IPO Grade 3(Average Fundamentals) to PG Electroplast IPOPG Electroplast IPO pricing is quite expensive |
TD Power Systems Ltd |
24-Aug-11 | 26-Aug-11 | 256 - 261 | No | TD Power Systems Ltd is one of the leading manufacturers of AC Generators with output capacity in the range of 1 MW to 52 MW for prime movers such as steam turbines, gas turbines, hydro turbines, wind turbines, diesel and gas engines. Along with AC Generators TD Power Systems also executes Turbine Generator island projects for steam turbine power plants with output capacity up to 52 MW TD Power Systems customer base includes cement, steel, paper, chemical, metals, sugar co-generation, bio-mass power plants, hydro-electric power plants and Independent Power Plants companies. Some of the TD Power Systems customers include Shree Cements Limited, Vasavadatta Cements, Nava Bharat Ventures Limited, Chettinad Cement Corporation Limited and Balrampur Chini Mills Limited. Objectives of TD Power Systems IPO 1) Finance the expansion of our manufacturing plant in Dabaspet 2) Construct a project office in Bangalore city 3) Repay debt 4) Fund working capital requirements of our Company and 5) Fund general corporate purposes. CARE has assigned an IPO Grade 4(Above Average Fundamentals) to TD Power Systems IPOTD Power Systems IPO is fundamentally sound but the pricing of the IPO is high. |
SRS Limited |
23-Aug-11 | 26-Aug-11 | 58 - 65 | No | SRS Limited is engaged in the business of Cinema Exhibition, Food & Beverages, Retail and Manufacturing & Retailing of Jewellery operations. SRS Entertainment company operates 23 SRS Value Bazaar retail stores, 15 food courts and 30 cinema screens in North India. SRS also operates five jewellery retail and wholesale outlets and a jewellery manufacturing unit in Delhi. SRS Cinemas is the cinema exhibition brand under which the Company operates a chain of cinemas spread across six cities. This includes 11 properties at strategic locations having 30 screens and 7,608 seats. The food courts are run under the SRS 7dayz and Punjabi Haandi brands and currently, the SRS operates 15 food courts across North and Central India. SRS Ltd operates a chain of retail stores under the brand name of SRS Value Bazaar that offer FMCG products. SRS Fashion Wear is the other brand under which the company retails multi-brand apparels. SRS has 23 retail stores in North India. They also sell a wide range of gold and diamond jewellery under the brand name of SRS Jewels. SRS IPO Objectives: 1. Setting up of cinemas; 2. Setting up of food courts and restaurants; 3. Setting up of retail stores; 4. Setting up of jewellery manufacturing facility and jewellery retail stores; 5. General Corporate Purposes; and 6. Issue related expenses. ICRA has assigned an IPO Grade 3(Average Fundamentals) to SRS IPOSRS IPO is very expensively priced. |
Brooks Laboratories Ltd |
16-Aug-11 | 18-Aug-11 | 90 - 100 | No | Brooks Laboratories Ltd is in the business of Pharmaceutical Contract Research & Manufacturing. Brooks Lab manufactures wide range of products catering to critical care segment in Parental Section like Beta Lactam, Cephalosporin & General Dry powder Injectables, Ampoules and Liquid vials, Dry Syrups and Tablets etc. Brooks Labs has manufacturing unit at Baddi, Himachal Pradesh. Brooks Lab has a world class team to develop new molecules in injectables and clavulanic acid based products supported by sophisticated infrastructure for Research & Development. Brooks Labs is WHO-GMP and ISO 9000-2008 certified company. Objectives of Brooks Labs IPO 1) To set up our new manufacturing unit at JB SEZ Pvt Ltd, Panoli, Gujarat for manufacturing of various pharmaceuticals formulations; 2) To meet Long Term Working Capital requirement; 3) To meet General Corporate Purpose and; 4) To meet Issue Expenses and Listing of Shares on Stock Exchanges. ICRA has assigned an IPO Grade 2(Below Average Fundamentals) to Brooks Laboratories IPOBrooks Labs IPO pricing is quite expensive |
Tree House Education & Accessories Ltd |
10-Aug-11 | 12-Aug-11 | 135 - 153 | No | Tree House Education is one of the leading educational services providers in India. As per CRISIL report, they operate the largest number of self-operated pre-schools in India. They have 177 pre-schools under the brand name of "Tree House" across 23 cities in India. Tree House provide a wide variety of educational services to K-12 schools which includes designing curriculum and providing teaching aids, supplying methods for imparting education, organizing extra-curricular activities for students and teacher training. Tree House offers playschool and nursery facilities, vacation camps, mother-toddler classes, hobby classes, day care facilities and teacher training course at pre-schools. Tree House Education's pre-schools are mainly located in the states of Maharashtra, Gujarat, Karnataka, Rajasthan and Andhra Pradesh. Company has been ranked amongst the 100 Small Business of the year 2010 in the annual survey conducted by the Franchising World. Objectives of Tree House IPO 1. Expansion of pre-school business; 2. Acquisition of office space; 3. Procurement of exclusivity rights to provide educational services; 4. Construction of infrastructure for educational complexes in Rajasthan and Gujarat; 5. Repayment of loan; and 6. General corporate purposes. CRISIL has assigned an IPO Grade 3(Average Fundamentals) to Tree House IPOTree House IPO is very aggressively priced. In this volatile secondary market, there are better opportunities like Educomp, NIIT etc |
L&T; Finance Holdings Ltd |
27-Jul-11 | 29-Jul-11 | 51 - 59 | Yes | L&T; Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors as well as mutual fund products and investment management services. Promoted by Larsen & Toubro Ltd, one of the leading companies in India, with interests in engineering, construction, electrical and electronics manufacturing and services, information technology and financial services. L&T; Finance Holdings is registered with the RBI as a Systemically Important Non-Deposit Taking Non-Banking Financial Company and has applied for registration as a Core Investment Company. Company's operations are arranged into four business groups � the Infrastructure Finance Group, the Retail Finance Group, the Corporate Finance Group and the Investment Management Group. LTF's customer includes individual retail customer. LTF offers a spectrum of financial products and services for trade, industry and agriculture. The company's focus segments are corporate products, construction equipment, CVs and tractors. CARE has assigned an IPO Grade 5(Strong Fundamentals) to L&T; Finance Holdings IPO Definitely Apply in L&T; Finance IPO for both listing and medium to long term gains. |
Inventure Growth & Securities Ltd |
20-Jul-11 | 22-Jul-11 | 110 - 117 | No | Inventure Growth & Securities Ltd (IGSL) is a flagship Company of Inventure Group. Inventure Securities offer trading services in equity cash and derivatives market, debt market, commodities and currency futures segment to financing activity, wealth management, and distributions of financial product. Inventure Growth IPO is providing advisory and innovatively structured financial solutions in the area of fund raising, infrastructure development, government borrowing, corporate restructuring and money market inter mediation. At the retail level, Inventure provides investment advisory service and distributes financial products like mutual funds, insurance products, etc. IGSL's client includes institutional clients, high net worth individuals and retail investors. Inventure operates through 224 business locations including branches, franchisees (Remisiers and Authorised Person) and sub-brokers located across India. Fitch/CARE has assigned an IPO Grade 2(Below Average Fundamentals) to Inventure Growth & Securities IPO Fundamentally weak IPO and highly aggressive pricing. Avoid Inventure Growth & Securities IPO. |
Bharatiya Global Infomedia Ltd |
11-Jul-11 | 14-Jul-11 | 75 - 82 | No | Bharatiya Global Infomedia IPO (BGIL) is a technology based company, is in the business of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio. BGIL focusing on the sectors such as Information Technology security and compliance automation software solutions and technology related to media & entertainment industry with focus on research & development. BGIL provides visibility across the IT infrastructure, intelligently identifies security threats and compliance breaches, and automates security and compliance processes to reduce risk. They have total of 32 Radio Frequency Identification solutions, out of which they got registration for 8 solutions from Government of India. The IT division of the Company has developed products in house in its R&D; centre in Noida using Radio Frequency Identification (RFID) technology. RFID is the key technology of BGIL and used for identification and tracking of the identity, location and conditions of assets, tools, inventory, people using radio waves. CARE has assigned an IPO Grade 2(Below Average Fundamentals) to Bharatiya Global Infomedia IPO Fundamentally weak IPO and highly aggressive pricing. Avoid Bharatiya Global Infomedia IPO. |
Readymade Steel India Ltd |
27-Jun-11 | 29-Jun-11 | 90 - 108 | No | Readymade Steel India Ltd is engaged in the business of steel service provider to the infrastructure sector. Readymade Steel India have an installed capacity of 27000 MTPA for processing of steel used in the construction industry primarily reinforcement bars into various shapes and sizes like cranked bars, stirrups, verticals, column /beam cages etc. Readymade Steel process the steel through use of automated machines from its Plant and delivers ready to use cut and bend steel rods, prefabricated cages and other steel products required for construction activities. Readymade Steel products are mainly used in construction activities in various sectors like roads, power plants, ports, airports, housing, bridges, metros, monorails etc. CARE has assigned an IPO Grade 2(Below Average Fundamentals) to Readymade Steel IPO Fundamentally weak IPO and highly aggressive pricing. Avoid Readymade Steel India Ltd IPO. |
Birla Pacific Medspa Ltd |
20-Jun-11 | 23-Jun-11 | 10 - 11 | No | Birla Pacific Medspa Limited is an India based healthcare provider. Birla Pacific Medspa is a joint venture of Yash Birla Group, a Rs 30 billion group of over 20 diversified companies and Pacific Healthcare, East Asia�s leading healthcare provider, with healthcare facilities in Singapore, Hong Kong, and China. Birla Pacific Medspa provides beauty related medical procedures in India. Using state-of-the-art equipments, the internationally qualified panel of doctors provides patient centric solutions and offers the latest and safest treatments. Birla Pacific Medspa operates it healthcare centers under the brand name EVOLVE. Company operates 3 healthcare centers in Mumbai and has 2 franchises in Thane and Chennai. Company's expertise includes Cosmetic Dermatology, Cosmetic & Plastic Surgery, General & Specialist Dentistry and Maxillo Facial Prosthesis. It has introduced i-lipo, a non-surgical inch loss treatment, for the first time in India. BWR (Brickworks Ratings India Pvt Ltd) has assigned an IPO Grade 2(Below Average Fundamentals) to Birla Pacific Medspa Ltd IPO Simply Avoid Birla Pacific Medspa Ltd IPO. |
Rushil Decor Ltd |
20-Jun-11 | 23-Jun-11 | 63 - 72 | No | Rushil Decor Ltd, a flagship company of the Rushil Group is a leading Indian manufacturer of decorative high pressure laminates and plain particle boards. Rushil Decor operate in India and internationally with brand names of Vir laminate and Rushil decor premium laminate. RDL have four manufacturers of particle board products and decorative laminated products in Gujarat state. Vir Laminate is the largest seller of Laminated sheets and Particle Board in India. ICRA has assigned an IPO Grade 2(Below Average Fundamentals) to Rushil Decor Ltd IPO During this market uncertainty, one should stay away from medium grade companies. Avoid applying in Rushil Decor IPO |
VMS Industries Ltd |
30-May-11 | 02-Jun-11 | 36 - 40 | No | VMS Industries Ltd on its incorporation started the business activity in the nature of providing different kinds of financial and consulting services and later on diversified into the ship recycling and off-shore activities. VMS Industries has an integrated yard for ship recycling of ships and offshore business support activities, catering to customers in India and overseas. ICRA has assigned an IPO Grade 1(Poor Fundamentals) to VMS Industries Ltd IPO. Avoid applying in the VMS Industries Ltd. |
Timbor Home Ltd |
30-May-11 | 02-Jun-11 | 54 - 63 | No | Timbor Home Ltd is an India based manufacturer and retailer of Italian style modular kitchen components, door frames, home furniture and accessories. Timbor Home markets its products under brand names Timbor Cucine, Timbor Doors Timbor Home and IKI Kitchens. Timbor has 3 manufacturing units in India, 2 of them are located in Ahmedabad and 1 in Anand district in Gujrat. Timbor market its product though more than 80 exclusive franchise stores in India. CRISIL has assigned an IPO Grade 1(Poor Fundamentals) to Timbor Home Ltd IPO. Avoid applying in the Timbor Home Ltd. |
Galaxy Surfactants Ltd IPO |
13-May-11 | 19-May-11 | 325 - 340 | Galaxy Surfactants Ltd is in the business of manufacturers and marketers of surfactants and specialty chemicals in India for the Personal and Home Care industry. Galaxy Surfactants produce a range of cosmetic ingredients including active ingredients, UV protection and functional products. Galaxy Surfactants products used by many large FMCG companies in skin care, hair care, oral care, body wash, sun care, household cleaners and fabric care products. Galaxy Surfactants product portfolio has 66 products and its customers includes Beiersdorf, Colgate Palmolive, Ecolab, Henkel, Diversey, L'Oreal, Reckitt Benckiser, Unilever, Ayur, CavinKare, Dabur, Emami, ITC, Marico, Procter & Gamble and many more. CRISIL has assigned an IPO Grade 4(Above Average Fundamentals) to Galaxy Surfactants Ltd IPO. Will update more... |
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Power Finance Corporation Ltd |
10-May-11 | 13-May-11 | 193 - 203 | No | Power Finance Corporation ltd is India based Financial Institution (Non Banking Financial Company) providing funding to Power Sector projects. The company has status of Nav-Ratna PSU by Government of India. PFC provides large range of Financial Products and Services including Project Term Loan, Lease Financing, Direct Discounting of Bills, Short Term Loan, Consultancy Services etc. for various Power projects in Generation, Transmission, and Distribution sector as well as for Renovation & Modernization of existing power projects. PFC went public on Friday, February 23, 2007 by selling its 10.22% shares through PFC IPO. Company is currently listed in BSE (Scrip Code: 532810) and NSE (Symbol: PFC). 5% Discount to Retail Investors. PFC would be a good Long Term investment. But for short term, we would suggest it a skip as we see that post IPO it would further slip down. |
Aanjaneya Lifecare Ltd |
09-May-11 | 12-May-11 | 228 - 240 | No | Aanjaneya Lifecare Ltd(ALL) a leading research based integrated pharmaceutical company with established research, manufacturing & marketing capabilities. ALL�s product portfolio includes Bulk Drugs, Finished Dosage Forms, Herbal Medicines, Inhalers, Lozenges and Animal Health. Aanjaneya has a manufacturing facility in Mahad near Mumbai. This facility provides multi-therapeutic product offerings comprising high-end Alkaloids, Quinine Salts, and Veterinary APIs & Cytotoxic API's. Fitch has assigned an IPO Grade 2(Below Average Fundamentals) to Aanjaneya Lifecare Ltd IPO. Avoid applying in the Aanjaneya Lifecare Ltd. |
Sanghvi Forging & Engineering Ltd |
04-May-11 | 09-May-11 | 80 - 85 | No | Sanghvi Forging & Engineering Limited (SFEL) is engaged in the business of manufacture and marketing of Stainless Steel Forged and Machined Subtends, Forged Flanges, Forged Fittings and CNC Machined Forged Parts & Automobile Components in India. SFEL has its own Forge Shop, Die Shop, Heat Treatment Shop, CNC based Machine Shop. SFEL is a supplier to major projects in sectors like Refineries, Petrochemicals, Fertilizers, Nuclear Power plant, Ship Building, Off shore and Auto mobiles. SFEL has a wide range of client from different sectors including Shell, IOC, HPCL, BPCL, RIL, L&T; and Godrej. SFEL also exports its product to more than 20 countries. CARE has assigned an IPO Grade 3(Average Fundamentals) to Sanghvi Forging & Engineering Ltd IPO. SFEL IPO is expensively priced. |
Vaswani Industries Ltd |
29-Apr-11 | 03-May-11 | 45 - 49 | No | Vaswani Industries Ltd (VIL) is part of Vaswani Group of Industries. VIL is engaged in integrated business of manufacturing Sponge Iron, Steel Billets & Ingots and power generation. VIL has installed power generation of 7.5 MW, 5 MW from Waste Heat Recovery Boiler (WHRB) and 2.5 MW from Coal) for captive consumption. VIL sells its surplus power generated to private power companies. VIL has manufacturing facilities in an industrial area at Sondra Village. Presently VIL manufactures Coal-based Sponge Iron along with a Waste Heat Recovery Boiler (WHRB) & a Steel Ingot/Billet Plant. ICRA has assigned an IPO Grade 2(Below Average Fundamentals) to Vaswani Industries Ltd IPO. Avoid applying in the Vaswani Industries Ltd IPO. |
Servalakshmi Paper Ltd |
27-Apr-11 | 29-Apr-11 | 27 - 29 | No | Servalakshmi Paper Limited engaged in the business of manufacturing Printing & Writing Paper and Newsprint. In printing and writing segment, they produce coated, uncoated, copier, cream wove, SS Maplitho, computer stationary and text/note book papers. SPL's major clients are Times VPL Limited (Times Group), The Hindu Daily, Dinamalar, Kerala Kaumudi Pvt Ltd, The Printers Mysore Pvt Ltd (Deccan Herald), Sakal Papers Ltd, Deshabhimani Daily, Rashtra Deepika Ltd, Metro Vartha, Perfect Systems and Services, Manipal Press Ltd, Vimala Note Book, Rajhans Enterprises and Veer Pack Industries. ICRA has assigned an IPO Grade 2(Average Fundamentals) to Servalakshmi Paper Ltd IPO. Simply Avoid applying to Servalakshmi Paper Ltd IPO. |
Innoventive Industries Ltd |
26-Apr-11 | 29-Apr-11 | 117 - 120 | No | Innoventive Industries Ltd is a multi-product engineering company engaged in the business of manufacturing and sale of precision steel tubes, tubular components, auto components, machined components and other steel products. Company's product used in different sectors such as transportation, oil & gas, power, farm equipments and general engineering. Innoventive have also developed hydraulic cylinder tubes, rubber to metal products and profiled tubes in house. ICRA has assigned an IPO Grade 3(Average Fundamentals) to Innoventive Industries Ltd IPO. Issue price is very high. One can ignore this issue. |
Future Ventures India Ltd |
25-Apr-11 | 28-Apr-11 | 10 - 11 | Yes | Future Ventures India Ltd is part of Future Group (led by Kishore Biyani and owners of Future Bazaar, Pantaloons, Central, Big Bazaar, Food Bazaar, Home Town and E-zone). Future ventures India Ltd is in the business of creating, building, acquiring, investing in and operating innovative and emerging businesses in consumption-led sectors in India. Within the consumption-led sectors, Future ventures has primary focus on opportunities in the business segments of Fashion, FMCG, Food Processing, Home Products, Rural Distribution and Vocational Education. CARE has assigned an IPO Grade 3(Average Fundamentals) to Future Ventures India Ltd IPO. Future Ventures India Ltd IPO will give both short and long term investment benefit. Yes, must go for it. |
Paramount Printpackaging Ltd |
20-Apr-11 | 25-Apr-11 | 32 - 35 | No | Paramount Printpackaging Limited is in the business of print & packaging solutions. Company offers a packing solution consisting of a wide range of cartons. PPPL cartons are mainly used in packaging of medicines, soaps, toothpaste, perfumes, shaving cream, shampoo, moisturizing cream, face wash, Automobile spare parts & accessories, Cigarettes, Corn flakes, tea, coffee and spices. PPPL provides different types of packaging - rigid, flexible, wrapping, Processing, Plate making, Printing, Lamination, Varnishing, UV Varnish, Hot Foil Stamping, Embossing, Die-cutting & Glueing of various types of cartons to complete lines. Pharma, FMCG, Auto Ancillary, Tobacco and Food and Beverage are the main sectors using those products. ICRA has assigned an IPO Grade 2(Below Average Fundamentals) to Paramount Printpackaging Ltd IPO. Avoid applying in the Paramount Printpackaging Ltd IPO. |
Muthoot Finance Ltd |
18-Apr-11 | 21-Apr-11 | 160 - 175 | Yes | Muthoot Finance Ltd is the Kerala based largest gold financing company in India in terms of loan portfolio Muthoot Finance provides personal and business loans secured by gold jewellery, or Gold Loans. They have 1605 branches across 20 states and two union territories in India. CRISIL has assigned an IPO Grade 4(Above Average Fundamentals) to Muthoot Finance Ltd IPO. Should give both listing and short term profit. |
Shilpi Cable Technologies Ltd |
22-Mar-11 | 25-Mar-11 | 65 - 69 | No | Shilpi Cable Technologies Limited is engaged in the business of manufacturing Radio frequency (RF) cables, widely used in telecom, automobile and power sectors. Company�s factory is located in Chopanki, Bhiwadi, Tehsil-Tijara, Dist. Alwar, Rajasthan. RF Cables of various sizes for the Telecom Sector, Low Voltage Power cables and Cable Accessories are the main products of Shilpi Cable Technologies Ltd CARE has assigned an IPO Grade 1(Poor Fundamentals) to Shilpi Cable Technologies Ltd IPO. Avoid applying in the Shilpi Cable Technologies Ltd IPO. |
PTC India Financial Services Ltd |
16-Mar-11 | 18-Mar-11 | 26 - 28 | Yes | PTC India Financial Services Ltd (PFS) is an Indian non-banking financial institution, a subsidiary of and promoted by PTC India Limited ("PTC"). They are financial institutions in India that provide both equity and debt financing, including short-term and long-term debt, as well as structured debt financing. PTC India are currently focusing on power generation projects in India. PTC also provides fee based syndication and advisory services as well as carbon credit financing against certified emissions reduction (CER) exclusively to the power sector. ICRA has assigned an IPO Grade 3(Average Fundamentals) to PTC India Financial Services Ltd IPO. Retail investor will get a discount of Rs 1. PTC India Financial Services Ltd (PFS) should give both listing and short term profit. |
Lovable Lingeries Ltd |
08-Mar-11 | 11-Mar-11 | 195 - 205 | Yes | Lovable Lingeries Ltd is one of India’s leading women’s innerwear manufacturers. Company was licensed the brand "Lovable" from Lovable World Trading Company, USA in 1995. "LOVABLE" is India's First Premium International Lingerie Brand. Lovable Lingeries products include brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products. "Lovable" and "Daisy Dee" are the flagship brands. Company is headquartered in Mumbai, Maharashtra and has three manufacturing facilities of which two are situated at Kanakapura road in Bengaluru and one is situated in Roorkee, Uttarakhand. Company's brand "Lovable" is amongst the top three most preferred brand in women’s innerwear in India. ICRA has assigned an IPO Grade 3(Average Fundamentals) to Loveable Lingeries Ltd IPO. Should give both listing and short term profit. |
Fineotex Chemical Ltd |
23-Feb-11 | 25-Feb-11 | 60 - 72 | No | Fineotex Chemical Limited is an ISO 9001:2000 certified Company engaged in business of Specialty Chemicals and Enzymes for various industries. Fineotex Chemical produces and provides Specialty Chemicals and Enzymes to Textile & Garment Industry, Construction Industry, Leather Industry, Water Treatment Industry, Agrochemicals, Adhesives and others. FCL manufactures over 100 products for various Industries. Company's manufacturing facilities situated at Mahape in Navi Mumbai. FCL major customers include Clariant Chemicals India Limited, Pidilite Industries Limited, Croda Chemicals India (P) Limited (formerly ICI India Limited), Rashtriya Chemicals & Fertilizers Limited, The Bombay Dyeing & Mfg. Co. Limited., Raymond Group, Grasim Industries Limited and others. FCL has global presence in countries like Bangladesh, Indonesia, Bulgaria, Pakistan, Colombia, Singapore, etc. Also,FCL products are sold in Indian cities like Mumbai, Balotra, Bhilwara, Delhi, Ludhiana, Tirupur, Karur, Erode, etc. CARE Limited has assigned an IPO Grade 2(below average fundamentals) to Fineotex Chemical Ltd IPO. IPO is fundamentally weak and very steeply priced. |
Sudar Garments Ltd |
21-Feb-11 | 24-Feb-11 | 72 - 77 | No | Sudar Garments Limited is a leading manufacturer and exporter for readymade garments specialized in elegant Shirts, Trousers and wide range of apparel for Men, Women & Kids. Sudar Garments has its own manufacturing setup at Khalapur Taluka, Raigad District, Maharashtra with a built-up area of about, 29,626.30 Sq. Mtr. having a combined capacity of producing 1,66,667 pieces of shirts, dress, pants, tops, skirts, and denims per month. Sudar Garments is presently manufacturing under its own brand name 'Glory to Glory' and will be launching shortly two more brands namely 'St. Paul' and 'Majesty'. CRISIL has assigned an IPO Grade 1(Poor Fundamentals) to Sudar Garments Ltd IPO. Issue price is too expensive and fundamentals are poor as well |
AcroPetal Technologies Ltd |
21-Feb-11 | 24-Feb-11 | 88 - 90 | No | Acropetal Technologies Ltd is mid-tier IT services and products firm which offers Information Technology (IT) outsourcing services to clients in Engineering Design Services, Healthcare, and Energy and Environment sectors. Acropetal offers Engineering Design Services to reduce product design cycle time and costs. The services include concept design, product design & development, advanced analysis, reliability engineering and value engineering. Acropetal Technologies headquartered in Bangalore, the silicon valley of India. They also have presence in Dubai, UAE, through subsidiary Vision Info Inc. Company intends to set up new Software Development Center cum Corporate Office in Bangalore and also expand its geographical presence in the US, UK, Middle east and South East Asia by setting up offices. ICRA has assigned an IPO Grade 3(average fundamentals) to Acropetal Technologies Ltd IPO. Issue price is too expensive. |
Omkar Speciality Chemicals Ltd |
24-Jan-11 | 27-Jan-11 | 95 - 98 | No | Omkar Speciality Chemicals Ltd is mainly engaged in the manufacturing and sale of speciality chemicals viz. selenium, compounds, iodine compounds, molybdenum compounds etc. and pharma intermediates viz. Potassium Iodate, Bismuth Ammonium Citrate, Bromoform etc. Company has four Units at MIDC, Badlapur (E), Dist: Thane, Maharashtra, India. Omkar Speciality Chemicals exporting their products to Europe, Canada, Asia, South America & Australia. The total exports constituted 8.69%, 12.35% and 7.97% of gross sales during FY 2008, FY 2009 and FY 2010 respectively. CARE has assigned IPO Grade 3 to Omkar Speciality Chemicals Ltd IPO indicating average fundamentals. However the IPO price is very expensive. |
Midvalley Entertainment Ltd |
10-Jan-11 | 12-Jan-11 | 64 - 70 | No | Midvalley Entertainment is a multinational Media & Entertainment company operating from Chennai. Midvalley's major businesses are Exhibition and Concept Theatres, Film Production, Distribution, Hospitality and Cine Advertising, etc. It produces, distribute and exhibit movies both in Indian and foreign languages. At present, they are with the network of 40 plus screens across southern peninsula. By 2011, the group positioning to operate 100 plus screens that includes Cineplex, Multiplex, Open Air Theatres and Concept Theatres. Midvalley also preparing well in the segments of film Production and Distribution and expected to release its next movie as by Jan 2011 during Pongal season. Current promoters of the company are Unigold Pacific, Kiara Enigma and Global Motion Pictures & Ventures Ltd. Brickwork Ratings India Pvt. Ltd. has assigned a BWR IPO Grade 1 to Midvalley Entertainment Ltd's IPO indicating poor fundamentals. Simply avoid this issue. |
C Mahendra Exports |
31-Dec-10 | 06-Jan-11 | 95 - 110 | No | C Mahendra Exports Ltd is one of the leading diamantaire and Jewellery Company, engaged is in the business of manufacturing and trading of diamonds, precious stones and jewellery. CME Ltd is an integrated diamond and diamond jewellery player encompassing sourcing of rough diamonds, trading of rough and polished diamonds, processing of diamonds and manufacture of diamond jewellery. CARE Limited has assigned an IPO Grade 2(below Average Fundamentals). IPO price is too expensive. |
Shekhawati Poly-Yarn Ltd |
27-Dec-10 | 29-Dec-10 | 30 | No | Shekhawati Poly-Yarn Ltd is a leading manufacturer of Polyester Texturised Yarn & Twisted Yarn. Polyester Texturised Yarn (PTY) mainly used for manufacturing apparels i.e. suiting, shirting, dress materials, saris, hosiery, knitted fabric, zipper fastener, curtain & industrial cloth as also to manufacture fancy yarn for high value dress materials and upholstery. CARE Limited has assigned an IPO Grade 2(below Average Fundamentals). Issue price is too expensive. |
Punjab & Sind Bank |
13-Dec-10 | 16-Dec-10 | 113 - 120 | Yes | Punjab & Sind Bank is a Government of India (GoI) undertaking bank started in Amritsar. They were one of the six banks nationalized by the Government of India in April 1980, and today, they are one of 19 nationalized banks in India. The primary business of Punjab & Sind Bank is taking deposits and making advances and investments, and is divided into retail banking, corporate banking, priority sector banking, treasury operations and other banking services such as agency functions for insurance, distribution of mutual funds and pension and tax collection services. In retail banking, they provide loans and advances for housing, trade, automobiles, consumer durables, education and personal loans. They provide commercial banking products and services to corporate customers, including mid-sized and small businesses and government entities. As on July 31, 2010, their network comprised of 920 branches and 63 ATMs across India and had a total of 8,116 employees, serving over 0.60 crore customers. IPO is fundamentally good and has a CARE rating of 4 out of 5. Punjab & Sind Bank IPO is very well priced and is a good ipo for both listing and long term gains |
Ravikumar Distilleries Ltd |
08-Dec-10 | 10-Dec-10 | 56 - 64 | No | Ravikumar Distilleries Ltd (RKDL) is in the business of manufacturing of Indian Made Foreign Liquors (IMFL) products. Company markets its brands mainly in the south Indian region covering states of Karnataka, Andhra Pradesh, Tamil Nadu and the Union territory of Pondicherry. RKDL has also entered into tie-ups with CGEVF France for production of Brandy and with JBB (Greater Europe) Plc for the production of Scotch Whisky. RKDL is also having tie-up arrangement with various leading liquors companies of India like Radico Khatian Ltd., Shashi Distilleries Pvt. Ltd., John Distilleries Ltd., Gemini Distilleries (Pondy) Pvt. Ltd.and Mondovi Distilleries & Breweries Pvt. Ltd. Company's popular brands are 8 PM Rare Whisky, White field Brandy, Radico Gold VSOP Brand, 8PM Excellency Brandy, Brihans Grape VSOP Brand, 8PM Bermuda Rum, Old Admiral VSOP Brandy, Contessa XXX Rum, Royal Gold Cup Whisky, Chairman Brandy, Magic Brandy, Original Choice Deluxe Brandy, Original Choice Deluxe Whisky, Mysore Lancer Whisky, Black Jack Whisky, Majestic Fine Brandy, Bombay Grape Brandy and Mens Choice Fine Whisky. IPO is fundamentally weak with a CARE rating of 2 out of 5. RKDL IPO is very steeply priced and the fundamentals do not justify this price. |
A2Z Maintenance & Engineering Services Ltd |
08-Dec-10 | 10-Dec-10 | 400 - 410 | No | A2Z is primarily engaged in providing Engineering Procurement and Construction (EPC) business in power transmission and distribution sectors with focus mainly on distribution. Recently, the company diversified its business line by providing EPC services to power generation companies and companies in road and telecom sectors. Additionally, it has focused on other business such as generating power from renewable energy sources, providing Facilities Management Services (FMS) business, providing Municipal Solid Waste (MSW) management services and developing IT solutions for power utility companies. A2Z is fundamentally good company and has a CARE rating of 4 out of 5. However A2Z IPO is very aggressively priced. It might give good listing gains due to Rakesh Jhunjhunwala but may not sustain its IPO price |
Shipping Corporation of India Ltd |
30-Nov-10 | 03-Dec-10 | 135 - 140 | Yes | Shipping Corporation of India Ltd (SCI) is India�s largest shipping companies handling around 35% of market share. SCI holds �Navratna� status. Shipping Corporation of India owns a fleet of 74 vessels of 5.11 million dead weight tonnage (DWT) and has ordered 29 vessels which will be operational in next 3 years. SCI's fleet includes dry bulk carriers, very large crude carrier (VLCC) tankers, crude oil tankers, product tankers, container vessels, passenger-cum-cargo vessels, phosphoric acid and chemical carriers, LPG and ammonia carriers, and offshore supply vessels. 5% discount to Retail Investor is the only charm here for listing gains. SCI is a fundamentally good company but due to the recent corrections in the stock market, there are other good opportunities as well. One should apply for this IPO for listings gains. More IPO details... |
Manganese Ore India Limited - MOIL |
26-Nov-10 | 01-Dec-10 | 340 - 375 | Yes | Manganese Ore India Limited - MOIL is India based producer of manganese ore, primarily used to make ferro-alloys for steel production. MOIL is a 'Mini Ratna' PSU, owned by Government of India and under the administrative control of the Ministry of Steel. MOIL Limited is the largest producer of manganese ore by volume in India. In addition to high, medium and low grade manganese ore, company produces manganese dioxide and chemical grade manganese ore. 5% discount to Retail Investor. One should apply for this IPO for both listings and long term gains. More IPO details... |
Claris Lifesciences Limited |
24-Nov-10 | 02-Dec-10 | 228 - 235 | No | Claris Lifesciences Ltd is the largest Indian sterile injectables pharmaceutical companies with a presence in 76 countries worldwide. Claris offers 113 products across multiple markets and therapeutic areas. Claris's product range across various therapeutic segments, including anaesthesia, critical care, anti-infectives, renal care, infusion therapy, enteral nutrition, parenteral nutrition and oncology. Companies more than half of the sales come from international markets and have a strong presence in regions of Latin America, the Middle East, Africa and Central, South East and Far East Asia. IPO is quite expensive and have concerns over the promoters history. IPO Price lowered from 278 - 293 to 228 - 235 and date extended to 2nd Dec. Still, we would stay away from this IPO. More IPO details... |
RPP Infra Projects Ltd |
18-Nov-10 | 22-Nov-10 | 68 - 75 | No | RPP Infra Projects Limited (RPPIPL) is a construction company primarily engaged in the business of infrastructure development such as Highways, Roads and Bridges and has executed over two hundred (200) Civil Construction projects across various segments of construction and infrastructure industry since incorporation. RPPIPL does business in the South Indian region, covering states of Karnataka, Andhra Pradesh, Tamil Nadu and the Union Territory of Pondicherry, Andaman Nicobar Islands. Some of the major clients of the company include NTPC (Chennai), Neyveli Lignite Corporation (Tamil Nadu), Larson & Tubro Ltd. (Chennai), BHEL (Tamil Nadu), Lanco Infratech Ltd. (Hyderbad) etc. It has recently entered the Srilanka market and is currently executing a project in the Railway Sector. Post issue promoters & promoter�s group shareholding will reduce to 71.23% from existing 99.99%. IPO is too expensive. More IPO details... |
Power Grid Corporation of India |
09-Nov-10 | 12-Nov-10 | 85 - 90 | Yes | Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of India�s interstate and inter-regional electric power transmission system and carries electric power across India. 5% discount to Retail Investor. One should apply for this IPO for both listings and long term gains. More IPO details... |
Gravita India Limited |
01-Nov-10 | 03-Nov-10 | 120 - 125 | No | Gravita India Ltd (GIL) is engaged in the business of manufacturing of Lead Metal by Recycling & Smelting process & other lead products. GIL�s finished products are used mainly in the battery industry apart from the glass, ceramic, pharmaceutical, paint and chemical industry. IPO is too expensive. More IPO details... |
Coal India Limited |
18-Oct-10 | 21-Oct-10 | 225 - 245 | Yes | Coal India (CIL), a state-owned company, along with its seven coal mining subsidiaries is the largest coal mining company in the world in terms of coal reserves as well as in scale of operations. In FY10, it produced 431 mn tonnes of coal which accounted for 81% of the coal production in India. CIL operates 471 mines in 21 major coalfields across eight states in India, including 163 open cast mines, 273 underground mines and 35 mixed mines. 5% discount to Retail Investor. One should apply for this IPO for both listings and long term gains. More IPO details... |
Gyscoal Alloys Ltd |
13-Oct-10 | 15-Oct-10 | 65 - 71 | No | Gyscoal Alloys Ltd. (GAL) started its business with the trading of iron and steel scraps, billets and steel long products. The company took over a steel rolling mill business with a capacity of 6,000 MT per annum from Shah Alloys Group at Ubkhal, Mehsana and started manufacturing of rolled products in the year 2005. The capacity was enhanced to 18,000 MT per annum in the year 2008-09. GAL's products portfolio includes angles, bright bars, black bars, flats, hexagonal and round corner squares (RCS) products which include channels, sections, pata-patti, full line of RCS and rectangles in standard sizes. The company also manufactures squares and flat in sizes of the specification as per requirement of its customers. In-experienced, unprofessional management that lacks credibility. Also issue prices is over stretched. More IPO details... |
Prestige Estates Projects Ltd |
12-Oct-10 | 14-Oct-10 | 172 - 183 | No | Prestige Estate Projects Ltd is one of the leading real estate developing players in South India and has over two decades of experience in real estate development. PEPL has completed more than 150 real estate projects of approximately 34.23 million sq. ft. PEPL has diversified portfolio of real estate development projects, focusing on projects in the residential, commercial, hospitality and retail (including shopping malls) segments. The company currently has 33 ongoing projects which comprise 10 residential,16 commercial projects, 4 hospitality projects and 3 retail projects. IPO is way too expensive. Simply avoid it. More IPO details... |
Oberoi Realty Limited |
06-Oct-10 | 08-Oct-10 | 253 - 260 | No | Oberoi Realty Ltd (ORL) is a Mumbai-based real estate development company. ORL�s primary focus is to develop residential properties. It has also diversified into retail, commercial, hospitality and social infrastructure projects. IPO is too expensive. I will skip it. More IPO details... |
BS Transcomm Limited |
06-Oct-10 | 13-Oct-10 | 248 - 257 | Yes | BS Transcomm Ltd. (BTL) is engaged in the manufacturing and supply of telecommunication and transmission towers, substation structures & provides service solutions to telecommunication infrastructure and power transmission sectors. Fundamentally sound company and the issue price is quite good. More IPO details... |
Commercial Engineers & Body Builders |
30-Sep-10 | 05-Oct-10 | 125 - 127 | No | Commercial Engineers & Body Builders Co Ltd. (CEBBCO) is engaged in the production of vehicle and locomotive bodies for diverse applications for road and railway transportation. It designs and manufactures vehicle bodies for the commercial vehicles industry with an extensive portfolio of product offerings. IPO is very expensive. More IPO details... |
Bedmutha Industries Limited |
28-Sep-10 | 01-Oct-10 | 95 - 102 | No | Bedmutha Industries Ltd (BIL) is one of the leading steel wire manufacturers in western India located in Nashik. BIL has wide range of wire and wire products - Galvanized wires, Cable Armour Wires, ACSR Wires, Wire Nails, Earth Wires, Stay Wires, Spring Steel Wires, Barbed Wires, etc.
IPO is very expensive. One should avoid it More IPO details... |
Sea TV Network Limited |
27-Sep-10 | 29-Sep-10 | 90 - 100 | No | Sea TV Network Ltd (Sea TV) is engaged in providing services of a multi system operator (MSO) to various local cable TV operators of Agra city. Sea TV has its own four local channels mainly focusing on Agra city/UP State news/events and information. IPO is fundamentally very weak and very expensively priced More IPO details... |
Ashoka Buildcon Limited |
24-Sep-10 | 28-Sep-10 | 297 - 324 | No | Ashoka Buildcon Ltd. (ABL) is involved in the business of building and operating roads and bridges in India. It has the highest number of toll-based BOT (build, operate and transfer) operating projects in India. IPO is too expensive. More IPO details... |
Tecpro Systems Limited |
23-Sep-10 | 28-Sep-10 | 340 - 355 | Yes | Tecpro Systems Ltd (Tecpro) is one of the leading material handling companies in India. It is engaged in providing turnkey solutions in material handling, ash handling, balance of plant (BoP) and engineering, procurement and construction (EPC) contracts. IPO is well priced. Simply go for it More IPO details... |
Gallantt Ispat Limited |
22-Sep-10 | 24-Sep-10 | 50 | No | Gallantt Ispat Ltd. is into the business of manufacturing and marketing of Sponge Iron, Mild steel billets, Re-Rolled products and Flour. The company is setting up captive power plant to meet its present requirement of power. Fundamentally weak company. Valuation of IPO is not good. One can avoid this issue. More IPO details... |
Cantabil Retail India Limited |
22-Sep-10 | 27-Sep-10 | 127 - 135 | Yes | Cantabil Retail India Ltd. (CRIL) started with its garments manufacturing and retailing business in 2000 and opened the first Cantabil store in September, 2000 in New Delhi. CRILis in the business of designing, manufacturing, branding and retailing of apparels under the brand names of �CANTABIL� and �La FANSO� and has a network of 411 exclusive retail outlets (as of 31 July, 2010) spread across India. IPO is adequately priced for short to medium term gains. More IPO details... |
VA Tech Wabag Limited |
22-Sep-10 | 27-Sep-10 | 1230-1310 | No | VA Tech Wabag Ltd. (VA Tech) is in the business of providing turnkey and O&M; solutions for water and waste water treatment to municipal and industrial users. VA Tech has 13 subsidiaries, all of which are incorporated outside India. Of the 13 subsidiaries, two are direct subsidiary and the remaining are indirect subsidiaries. IPO is very expensive. More IPO details... |
Electrosteel Steels Limited |
21-Sep-10 | 24-Sep-10 | 10 - 11 | No | Electrosteel Integrated Ltd. is setting up the steel plant near Siyaljori village in Bokaro District of Jharkhand. One of the company's blast furnace is likely to be operationalise by October 2010 while majority of the capacity is expected to be commence operation by June 2011. Fundamentally weak company and can simply avoid it. More IPO details... |
Orient Green Power Company Ltd. |
21-Sep-10 | 24-Sep-10 | 47 - 55 | No | Orient Green Power Company Ltd. is the largest independent operator and developer of renewable energy power plants in India based on aggregate installed capacity. The company has mainly grown inorganically by acquiring, operating and developing renewable energy assets from third parties. Issue price is quite expensive and doubt the management in handling the projects More IPO details... |
Ramky Infrastructure Limited |
21-Sep-10 | 23-Sep-10 | 405 - 468 | No | Ramky Infrastructure Ltd. (Ramky) is a flagship company of the Ramky Group, is into the business of construction and infrastructure as varied as water and waste water, transportation, irrigation, industrial parks (including SEZs), power transmission and distribution, residential, commercial and retail property. Ramky own a large fleet of construction equipment including crushing plants, hot mix plants, wet mix plants, asphalt batching plants, concrete batching plants, excavators, rock breakers, graders, pavers, compactors, tower cranes, dozers, bar bending and cutting machines. Do not go by the grey market premium. IPO is very steeply priced. Simply avoid. More IPO details... |
Microsec Financial Services |
17-Sep-10 | 21-Sep-10 | 113 - 118 | Yes | Microsec Financial Services Limited (MFSL) is a non-banking financial company registered with the RBI. MFSL is a financing and investment company, providing services such as investment banking, brokerage (equity, commodity and currency), wealth management, insurance broking, financial planning and loan against shares. Broking revenue constituted 36% of the total revenue in the fiscal ended March 2010 (FY 2010), followed by 26% each by the financing and investment and investment banking businesses. Wealth management contributed 9% of the total revenue, while other income formed 2%. The share of wealth management in total revenue rose sharply from 2% in FY 2009 to 9% in FY 2010. Good company and shall give good listing and short term gain. One should apply in this IPO. More IPO details... |
Eros International Media Limited |
17-Sep-10 | 21-Sep-10 | 158 - 175 | Yes | Eros International Media Limited (EIML) is a part of Eros Group, is engaged in the purchase and sale of film distribution rights for Hindi & Indian regional language films and also for co-production activities. EIML distribute end-to-end Indian film content within India, Nepal and Bhutan through multiple formats such as theatres, home entertainment, principally in the form of DVDs, VCDs and audio CDs. IPO is well priced and one can go for it. More IPO details... |
Career Point Infosystems Limited |
16-Sep-10 | 21-Sep-10 | 295 - 310 | Yes | Career Point Infosystems Limited provides tutorial services for engineering and medical entrance exams such as AIEEE, IIT-JEE and All India pre-medical and pre-dental tests. Career Point has presence through 33 centres, of which, 17 are company operated while balance 16 are franchisee centres, spread over 12 states of the country, mainly in North, East and Central India. Career Point is lucratively priced and shall give both listing and long term gains. One should not miss this one. More IPO details... |
Tirupati Inks Limited |
14-Sep-10 | 17-Sep-10 | 41 - 43 | No | Tirupati Inks Ltd. is mainly engaged in the business of manufacturing of printing ink and trading in polyester Films. It has two manufacturing facilities i.e. one at Kanpur & another at Jammu. At Kanpur Unit, mainly printing ink is manufactured apart from a small volume of printing cylinders and at the Jammu Unit, only printing ink is manufactured. The company sources Polyester Films from reputed Suppliers such as Uflex Ltd., Polyflex Corporation Ltd., etc. and supplies to various customers engaged in the business of Oil, Ghee, Tobacco, Supari, Tea, Spices, Milk, etc. Tirupati Links FPO is fundamentally a very weak company. A big NO for this FPO. More IPO details... |
Indosolar Limited |
13-Sep-10 | 15-Sep-10 | 29 - 32 | No | Indosolar Ltd manufactures poly-crystalline solar photo-voltaic (SPV) cells from silicon wafers utilizing crystalline silicon SPV celtechnology. The company sells its product to primarily module manufacturers on a business-to-business ("B2B") platform for use in the domestic market as welas markets in Europe, Spain, Japan, Asia, Canada and USA. Indosolar Limited IPO is too expensive. Not worth the investment. More IPO details... |
Gujarat Pipavav Port Ltd |
23-Aug-10 | 26-Aug-10 | 42 - 48 | Yes | Gujarat Pipavav Port Ltd. (GPPL) aims to build, construct, operate and maintain the port at Pipavav,District Amreli, in the state of Gujarat. GPPL is principally engaged in providing port handling and marine services for container cargo, bulk cargo and LPG cargo. The container cargo handling capacity at the port is 0.6 million TEUs and the bulk cargo handling capacity is 5 mn tonnes p.a. GPPL also operates a container freight station for stuffing and de-stuffing of container cargo to and from ships. It also generates revenue from land-related and infrastructure activities. GPPL is lucratively priced and shall give both listing and long term gains. One should not miss this one. More IPO details... |
Prakash Steelage Ltd |
05-Aug-10 | 10-Aug-10 | 100 - 110 | No | Prakash Steelage Ltd (PSL) is engaged in the manufacturing of seamless & welded stainless steel Pipes, Tubes and U-tubes. PSL carry their production through two production units situated at Silvasa and Umbergaon (Gujarat) with total installed production capacity of 12,200 MTPA. More IPO details... Issue price is too high. One can Avoid PSL. |
Bajaj Corp Ltd |
02-Aug-10 | 05-Aug-10 | 630 - 660 | Yes | Bajaj Corp Ltd. (BCL) part of Bajaj Group, is the third largest producer of hair oils and the largest producer of light hair oils. Bajaj Almond Drops is currently the market leader in the light hair oil segment. Other oil products include Brahmi Amla, Amla Shikakai and Jasmine Hair Oil. BCL also produce oral care products under the brand name Kala Dant Manjan. Issue is well priced and one can expect both listing and long term gains. More IPO details... |
SKS Microfinance Ltd |
28-Jul-10 | 30-Jul-10 | 850 - 985 | Yes | SKS Microfinance Ltd. provides small loans ranging from Rs.2,000 to Rs.12,000 exclusively to poor women predominantly located in rural areas in India. These loans are provided to such members essentially for use in their small businesses and not for personal consumption. SKSML is amongst the largest micro finance institution in India in terms of total value of loans outstanding, number of borrowers and number of branches. Will update more...
Retail investors to get discount of Rs 50. Expect good listing gains and good business model that would fetch great returns in medium to long term. More IPO details... |
Engineers India Ltd |
27-Jul-10 | 30-Jul-10 | 270 - 290 | Yes | Engineers India Limited is an engineering consultancy company providing design, engineering, procurement, construction and integrated project management services, incorporated in 1965. It focuses on the oil and gas and petrochemicals industries in India and internationally. It also operates in a diverse set of other sectors including non-ferrous mining and metallurgy and infrastructure.
5% discount for retail investors. Well priced for Listing and short to medium term gains. More IPO details... |
Midfield Industries Ltd |
19-Jul-10 | 21-Jul-10 | 126 - 133 | No | Midfield Industries Ltd is one of the organized players in packaging industry. It provides packaging consumables like high tensile steel strapping in various dimensions and strengths, Seals for different applications, Collated Nails & Corner boards being used for general and the end of line packaging of goods by varied industries. More IPO details... Issue price is too high. Simply Avoid. |
Fatpipe Networks India Ltd |
07-Jun-10 | 09-Jun-10 | 82 - 85 | No | Fatpipe Networks India Ltd. (FNIL) was incorporated as Fatpipe Networks India Pvt. Ltd. in December 2002. FNIL is a provider of router clustering products for wide area network (WAN) optimization, reliability, security, and bandwidth management applications. Its products enable high-speed data transfer through multiple lines and other WANs with the re-assembly of data streams. IPO is very steeply priced. |
SJVN Ltd |
29-Apr-10 | 03-May-10 | 23 - 26 | Yes | SJVN Ltd. (SJVNL) is a hydroelectric power generation company established as a joint venture (JV) between the Centre and the Himachal Pradesh government. The Centre holds 75% stake in the JV, while the rest is owned by the state government. 5% discount to Retail investor Expect listing gains of around 10 to 15% |
Jaypee Infratech Ltd |
29-Apr-10 | 04-May-10 | 102 - 117 | Yes | Jaypee Infratech Ltd. (JIL) has the Concession Agreement from the Yamuna Expressway Industrial Development Authority (YEA) to develop, operate and maintain the Yamuna Expressway which also provides for the right to develop 25 million square metres of land along the Expressway at five locations for residential, commercial, amusement, industrial and institutional purposes. 5% discount to Retail Investors Good business group to put money on. IPO price is also good enough for minor listing gains. |
Tara Health Foods Ltd |
28-Apr-10 | 30-Apr-10 | 180 - 190 | No | Tara Health Foods Ltd is engaged in the business of manufacture of cattle/poultry feed, refining and blending of edible oil, and solvent extraction. Cattle feed contributes about 60% of total revenue , and refined edible oils the rest 40%. Issue price is too expensive - One can ignore this IPO IPO withdrawn |
Mandhana Industries Ltd. |
27-Apr-10 | 29-Apr-10 | 120 - 130 | No | Mandhana Industries Ltd (MIL) is vertically integrated textile and garment manufacturing company in India having presence across operations ranging from yarn dyeing to garment manufacturing. MIL business includes designing, yarn dyeing, weaving, processing, dyeing and garment manufacturing. Mandhana IPO is good but the issue price is quite high. Does not leave much scope for investor |
Tarapur Transformers Ltd |
26-Apr-10 | 28-Apr-10 | 65 - 75 | No | Tarapur Transformers Limited is engaged in the repairs, upgradation and manufacturing of power and distribution transformers. It manufactures transformers up to 220 Kilo Volt (KV) class, having an installed capacity of manufacturing of 1,839.40 Mega Volt Ampere (MVA) & repairing of 1,800 MVA per annum. Issue price is too expensive. |
Nitesh Estates Ltd |
23-Apr-10 | 27-Apr-10 | 54 - 56 | No | Nitesh Estates Ltd. (NEL) is in the business of real estate development, primarily residential projects in Bengaluru. Recently, NEL has ventured into the mid-income housing, retail and commercial segments and has invested in a hotel project. Issue price is too expensive - Simply avoid - Operators could drive this |
Talwalkars Better Value Fitness Ltd |
21-Apr-10 | 23-Apr-10 | 123 - 128 | No | Talwalkars is one of the largest fitness chain in India offering a diverse suite of services including gyms, spas, aerobics and health counseling. Presently, company operates 58 health clubs in 28 cities belonging to 12 states of the country serving over 55,000 members. I would rather join their gym keep me and my money fit. |
Intrasoft Technologies Limited |
23-Mar-10 | 26-Mar-10 | 137 - 145 | No | Intrasoft Technologies Ltd (ITL) is in the business of providing E-greeting cards, development of associated digital content & online marketing. The company provides E-greeting card services through website, www.123greetings.com, which is the largest electronic greeting cards website in India. Issue is very highly priced. I would rather send a "Thank You" card to them. |
Goenka Diamond & Jewels Limited |
23-Mar-10 | 26-Mar-10 | 135 - 145 | No | Goenka Diamond and Jewels Limited (GDJL) is into cutting and polishing rough diamonds, and manufacturing and retailing jewellery. Its product profile includes rings, earrings, pendants, bracelets, necklaces, etc. which are manufactured using polished diamonds, precious and other semi precious stones which are set in gold. IPO pricing is too expensive. One can ignore this issue. |
Shree Ganesh Jewellery House Limited |
19-Mar-10 | 23-Mar-10 | 260 - 270 | Yes | Shree Ganesh Jewellery House Ltd (SGJHL) is engaged in trading and manufacturing & export of gold & gemstone and diamond studded jewellery. SGJHL is one of the largest manufacturers and exporters of handcrafted gold jewellery in India. Issues price is attractive for both listing and short term gain. Yes, One can apply in this IPO. |
Persistent Systems Ltd |
17-Mar-10 | 19-Mar-10 | 290 - 310 | Yes | Persistent Systems Ltd (PSL) is a technology company that specializes in outsourced software product development. It delivers services across the value chain of product development i.e. product conceptualization, design, development, testing and support. This is one IPO that you do not want to miss for listing, short term or long term gains. |
Pradip Overseas Ltd |
11-Mar-10 | 15-Mar-10 | 100 - 110 | Yes | Pradip Overseas is into textile manufacturing with niche focus on home linen products. POL processes grey fabric and manufactures home textile made ups like beds-sheets, curtains, comforters, quilts (poly/cotton filled), duvet covers, pillow covers and mattress covers. IPO is well priced and is expect to give both listing and short to medium term gains. |
IL&FS; Transportation Networks Ltd |
11-Mar-10 | 15-Mar-10 | 242 - 258 | Yes | IL&FS; Transportation Networks Ltd. (ITNL) is an established surface transportation infrastructure company, and is one of the largest private sector BOT (Build Operate Transfer) road operators in India. ITNL has been involved in the development, operation and maintenance of national and state highways, roads (including urban roads), flyovers and bridges in Andhra Pradesh, Delhi, Gujarat, Maharashtra, Karnataka, Uttar Pradesh, Kerala, Jharkhand and Rajasthan. Excellent company for both listing and holding. One Must apply in this IPO. |
Thangamayil Jewellery Limited |
27-Jan-10 | 29-Jan-10 | 70 - 75 | Yes | Thangamayil Jewellery Ltd (TJL) is a Madurai based retail jewellery chain trading mainly in gold jewellery, diamond, platinum and silver jewellery. Post this IPO, TJL will open 7 more stores. Expect around 10 - 15% listing gains and as well as it is a good investment for short to medium term period |
Syncom Healthcare Limited |
27-Jan-10 | 29-Jan-10 | 65 - 75 | Yes | Syncom Healthcare Ltd. (SHL) was incorporated in 2002 for manufacturing and marketing of pharmaceuticals formulations in Ethical, OTC, Generic and Herbal market segment. SHL is into marketing of the pharmaceuticals products manufactured by others under its own brand of SYNCOM. SHL also has manufacturing unit at Dehradun in Uttarakhand. It also undertakes contract manufacturing for large variety of pharmaceutical formulations. It is an average IPO and can give some listing gains. |
Vascon Engineers Limited |
27-Jan-10 | 29-Jan-10 | 165 - 185 | No | Vascon Engineers Limited (VEL), incorporated in 1986, is an engineering, procurement and construction (EPC) service and real estate development company. VEL�s real estate business comprises construction of residential and office complexes along with IT parks, industrial units, shopping malls, multiplexes, educational institutions and hotels. IPO is priced very steeply compared to its peers. |
Aqua Logistics Limited |
25-Jan-10 | 02-Feb-10 | 200 - 225 | No | Aqua Logistics is third party logistic service provider delivering end to end solutions in the logistic and supply chain domain, which include Multimodal Transportation, Contract Logistics, Regulatory Compliance, Warehousing, Valued added Services and Project Logistics. Valuation is too expensive compared to its listed peers. One can safely avoid this IPO irrespective of Rs 5 discount to retail investor or the Grey market premium IPO Date and price revised. Definitely do not apply |
Jubilant Foodworks Limited |
18-Jan-10 | 20-Jan-10 | 135 - 145 | No | Jubilant Foodworks Limited (JFL) was initially incorporated as Domino�s Pizza India Pvt. Ltd. in March 1995. JFL�s established market presence with strong brand and expanding network will lead to higher revenue growth as well as accretion to shareholder wealth in the medium term. Having said that, IPO is very steeply priced. One should avoid this IPO. |
Infinite Computer Solutions India Ltd |
11-Jan-10 | 13-Jan-10 | 155 - 165 | Yes | Infinite Computer Solutions (India) Ltd (ICSL) is a global provider of IT services, Infrastructure Management Services and Intellectual Property Leveraged Solutions. ICSL is reasonably priced from a valuation perspective. Expect 10% to 15% listing gains. |
Birla Shloka Edutech Ltd |
11-Jan-10 | 13-Jan-10 | 45 - 50 | No | Birla Shloka Edutech Ltd, a Yash Birla Group company, provides end to end solutions in sales and services of various educational products to various educational institutes and government organizations. FPO price is very expensive compared to its peers. One should just ignore this issue. |
D B Corp Ltd |
11-Dec-09 | 15-Dec-09 | 185 - 212 | No | D B Corp Ltd. (DBC) is one of the leading print media companies in India, publishing 7 newspapers, 48 newspaper editions and 128 sub-editions in three languages (Hindi, Gujarati and English) in 11 states in India. DBC also operate 17 FM radio stations in different cities. IPO issue price is too expensive compared to its already listed peers and can avoid it. |
Godrej Properties Ltd |
09-Dec-09 | 11-Dec-09 | 490 - 530 | No | Godrej Properties Ltd. (GPL) business focuses on residential, commercial and township developments. Currently, the company has real estate development projects in 10 cities in India which are at various stages of development. IPO price is too expensive and can simply avoid it. |
JSW Energy Ltd |
07-Dec-09 | 09-Dec-09 | 110 - 115 | Yes | JSW Energy Ltd (JSWEL) is the first Independent Power Producer in Karnataka. The company is presently operating 995 MW of power capacity and 2,655 MW of generating capacity is in the construction or implementation phase. The company is also engaged in power trading activities. JSWEL is offering Rs 5 discount to retail investor. Compared to all the Power IPOs listed earlier in this year, JSWEL will give good and quick returns. Expect 10% listing gains. |
MBL Infrastructures Ltd. |
27-Nov-09 | 01-Dec-09 | 165 - 180 | No | MBL Infrastructures Ltd. (MBL) is engaged in the construction and maintenance of roads & highways, industrial infrastructure projects and other civil engineering projects. MBL is also engaged in steel trading and waste management (ferrous scrap and slag recycling). MBL IPO is fundamentally weak and overly priced. It may not even give listing gains. |
Cox and Kings India Limited |
18-Nov-09 | 20-Nov-09 | 316 - 330 | Yes | Cox & Kings India Ltd is one of the India�s largest tour and travel operators. C&K; design travel packages for both individuals and groups for their domestic and international travel. Its business can be broadly categorised into Leisure Travel, Corporate Travel, Forex and Visa Processing. It provides end to end travel solutions including land, air and cruise bookings, hotel bookings, in-transit arrangements, local sightseeing, visa, passport, medical insurance assistance and such other destination management services.
Company is fairly priced and one can go for both listing gains (10% to 15%) or medium to long term gains 25% to 30%) |
Indiabulls Power Limited |
12-Oct-09 | 15-Oct-09 | 40 - 45 | No | India Bulls Power (IBPL), a subsidiary of India Bulls Real Estate is into development, construction and operation of power projects. IBPL has five thermal power projects under construction. IBPL neither has any prior experience in the power generation nor in power construction. Also the price of the IPO is too high compared to other recent IPOs. Definitely Avoid. |
Thinksoft Global Services Ltd. |
22-Sep-09 | 24-Sep-09 | 120 - 130 | No | Thinksoft Global Services Limited (TGSL) is a Banking, Financial Services and Insurance (�BFSI�) focused software testing company that has operations in Europe, Middle East, Australia and United States. It is a small cap IT company seeking the price of mid cap company. Not worth your time & money. |
Euro Multivision Ltd |
22-Sep-09 | 24-Sep-09 | 70 - 75 | No | Euro Multivision Limited (EML) is India�s second largest manufacturer of CD�s and DVD's. EML is a part of the Euro Group and had launched Euro Ceramics IPO earlier and is well below its issue price. EML pricing is also too expensive. |
Pipavav Shipyard Limited |
16-Sep-09 | 18-Sep-09 | 55 - 60 | Yes | Pipavav Shipyard Ltd is in the business of ship construction and repairs for a range of vessels of different sizes and types. PSL also does the fabrication and construction of offshore platforms, rigs, jackets and vessel for oil and gas companies. Issue is very well priced both for listing and long term gains. |
Oil India Limited |
07-Sep-09 | 11-Sep-09 | 950-1050 | No | Oil India Limited is a Mini-Ratna public sector undertaking (PSU) of the Government of India. OIL is primarily engaged in the exploration, development, production and transportation of crude oil and natural gas in India. OIL also processes natural gas to extract LPG. Issue price is too stretched and one should avoid this IPO based on the recent listing of Adani Power and NHPC. |
Globus Spirits Ltd. |
31-Aug-09 | 02-Sep-09 | 90 - 100 | No | Globus Spirits Limited (GSL) is in the business of manufacturing, sale and marketing of Indian Made Foreign Liquor (IMFL), Industrial Alcohol [comprising Rectified Spirit (RS), and Extra Neutral Alcohol (ENA)] and Country Liquor (CL). GSL is operating mainly in Rajasthan, Delhi, Chandigarh and Haryana. |
Jindal Cotex Ltd |
27-Aug-09 | 01-Sep-09 | 70 - 75 | No | Jindal Cotex Ltd. (JCL) is in the business of manufacturing of acrylic, polyester, polyester-viscose, polyester cotton, combed and carded yarns, which are used for made ups in apparels, hosiery. Just ignore this IPO as if it never came. |
NHPC Limited |
07-Aug-09 | 12-Aug-09 | 30 - 36 | Yes | National Hydroelectric Power Corporation Ltd promoted by Government of India , is the largest hydro electric power developer in the country. NHPC will develop hydroelectric and renewable power projects. One Must apply this IPO for both listing and long term gains. |
Adani Power Limited |
28-Jul-09 | 31-Jul-09 | 90 - 100 | Yes | Adani Power Ltd is part of the Adani Group. It has four thermal power projects under various stages of development, with a combined installed capacity of 6,600 MW and two under planning for 3300 MW. Good investment for both listing gains and long term. Must apply. |
Raj Oil Mills Limited |
20-Jul-09 | 23-Jul-09 | 100 - 120 | No | Raj Oil Mills Ltd. is in the business of trading, manufacturing and processing of edible oils. Not very Lucrative in terms of pricing and one can find better listed companies in the same group. |
Excel Infoways Limited |
14-Jul-09 | 17-Jul-09 | 80 - 85 | No | EIL is a BPO & Customer Contact Center based in India providing Voice Based Services in the areas of Collections, Telemarketing and Customer Care. It offers various range of customer care services including outbound sales and marketing, voice, email response, real-time chat, knowledge management, eCRM architecture. Too expensive - Just ignore this one |
Mahindra Holidays & Resorts India Ltd. |
23-Jun-09 | 26-Jun-09 | 275 - 325 | No | Mahindra Holidays & Resorts India provides family holidays primarily through vacation ownership memberships. Public Issue is too expensive and overvalued. Avoid this IPO. |
Edserv Softsystems Ltd |
05-Feb-09 | 09-Feb-09 | 55 - 60 | No | Edserv Softsystems, an e-learning company will provide niche training solutions, customised software solutions and placement consulting to Corporate and Institutional clients. There are no fundamentals in this IPO to even think about it. Having said that, beware of Market Operators manipulating its listing. |
Gemini Engi-Fab Limited |
03-Feb-09 | 06-Feb-09 | 75 - 80 | No | !!! Cancelled !!! GEFL is a manufacturer of various industrial fabrication related products including Heat Exchanger, Reactors, Towers, Columns, Distillation / Fractionating Columns / Towers, Mixing Tanks, Fluid Bed Dryers etc. There is just nothing interesting about it. |
Alkali Metals Ltd |
07-Oct-08 | 15-Oct-08 | 86 - 103 | No | Alkali Metals Limited is into manufacturing of sodium derivates, pyridine derivates and fine chemicals. Issue price is too aggressive even for the lower band. One can safely ignore this issue. |
Chemcel Biotech Limited |
09-Sep-08 | 12-Sep-08 | 16 | No | Chemcel Biotech Ltd. is in the business of manufacturing agro chemicals comprising of insecticides, fungicides and plant growth promoters. CBL plans to set-up bio-diesel manufacturing unit. It has no fundamentals and is probably yet another operator game. |
20 Microns Limited |
08-Sep-08 | 11-Sep-08 | 50 - 55 | No | 20 Microns Limited is in the business of manufacturing white minerals used in making innovative products in the fields of functional filler and extenders from four plants in different regions of India. Too expensive to even think of. |
Resurgere Mines & Minerals India Limited |
11-Aug-08 | 13-Aug-08 | 263 - 272 | No | Resurgere Mines & Minerals India Limited is engaged in the business of extraction, processing and sale of mineral products and exploration and development of mining assets. Too expensive and rather would suggest to invest in Sesa Goa or Faccor Alloys. |
Austral Coke & Projects Limited |
07-Aug-08 | 13-Aug-08 | 164 - 196 | No | ACPL is engaged in the manufacturing and sale of low ash metallurgical coke (LME coke) and refractory. It also deals in trading of textiles and rentals of construction and earthmoving machineries. There are better opportunities in the secondary market. |
Nu Tek India Limited |
29-Jul-08 | 01-Aug-08 | 170 - 192 | Yes | Nu Tek India Limited offers services to telecommunication equipment manufacturers and telecom operators in installing and maintaining telecom network equipment & infrastructure. Well priced and should give both listing and medium to long term gains. |
Vishal Information Technologies Limited |
21-Jul-08 | 24-Jul-08 | 140 - 150 | No | Vishal Information Technologies Limited provides end-to-end integrated project management services for format conversion, online journals/e-books/database etc. They also create digital library for visually impaired and blind. Issue is expensive. |
Birla Cotsyn India Limited |
30-Jun-08 | 09-Jul-08 | 12 - 14 | Yes | Birla Cotsyn India Limited is currently engaged in the production of cotton ginning, pressing and oil expelling in plants located in Khamgaon, Ghatanji and Dhulia. Its part of Yash Birla group and could be a good investment for both short and long term. |
Somi Conveyor Beltings Limited |
24-Jun-08 | 27-Jun-08 | 35 | Yes | Somi Conveyor Beltings Limited is in the business of manufacturing of Rubber Conveyor Belts of various sizes. SCBL is a mid-cap that would double its production in Aug/Sep, 08 and is well priced. SCBL should give good returns in medium term. |
KSK Energy Ventures Limited |
23-Jun-08 | 25-Jun-08 | 240 - 255 | No | KSK Energy Ventures Limited is engaged in power project development in India, with experience in developing and operating power plants. Issue price seems to be expensive and is definitely not suited in the midst of bloodbath in the secondary market. |
Lotus Eye Care Hospital Limited |
12-Jun-08 | 20-Jun-08 | 36 - 38 | No | Lotus Eye Care Hospital has 4 eye care hospitals in South India with 120 beds, 9 operation theatres and 3 lasik laser equipments. They intend to build 4 more hospitals. Issue is too overly priced. For charity, one can invest here for long term. |
Archidply Industries Limited |
11-Jun-08 | 17-Jun-08 | 70 - 80 | Yes | Archidply Industries Limited is engaged in manufacturing of comprehensive engineered wood panel products & decorative surfacing products. They intend to setup another factory. Good fundamentals and strong financial results suggest applying to this issue. |
Avon Weighing Systems Limited |
09-Jun-08 | 12-Jun-08 | 10 | Yes | Avon Weighing Systems Limited is engaged in the business of selling high resolutions platform scales, ultra low profile platform scales, weighbridges and auto-vibrator feeder system. Small Cap company�s book value is 20 and is available @ par value. |
Sejal Architectural Glass Limited |
09-Jun-08 | 12-Jun-08 | 105 - 115 | No | Sejal Architectural Glass Limited is in the business of processing glass. SAGL proposes to set up a new manufacturing facility for float glass. Issue price is too high. I will invest in the secondary market directly after the crash in next week. |
First Winner Industries Limited |
09-Jun-08 | 17-Jun-08 | 115 - 125 | No | First Winner Industries Limited is mainly into trading activities, supplying textile fabrics to wholesalers and apparel & garment manufacturers. We would not even suggest to invest in this sector � Simply forget about this issue. It�s too expensive. |
Bafna Pharmaceuticals Limited |
27-May-08 | 30-May-08 | 40 | No | Bafna Pharmaceuticals Limited is into the manufacturing of pharmaceutical formulations of Betalactum and Non Betalactum products in tablets, capsules and syrup forms. Expensive but could be an opportunity like Burnpur Cement. I will avoid. |
Niraj Cement Structurals |
26-May-08 | 30-May-08 | 175 - 190 | No | Niraj Cement Structurals Limited is an engineering & construction company focusing on road segment. It�s a small company with limited scope in business. Quite highly priced and it will be better to avoid this issue. |
Anu's Laboratories Limited |
12-May-08 | 15-May-08 | 200 - 210 | No | Anu�s Laboratories Limited is engaged in the manufacturing of basic and advanced intermediates and fine chemicals. Issue price is too expensive compared to its peers. There are far better opportunities in the secondary market. |
Gokul Refoils and Solvent Ltd |
08-May-08 | 13-May-08 | 175 - 195 | No | GRSL is engaged in seed processing and solvent extraction, refining edible oils and vanaspati manufacturing. GRSL has four manufacturing units located within the state of Gujarat. Do not see any major listing gains or short or long term gain from it. |
Aishwarya Telecom Limited |
15-Apr-08 | 17-Apr-08 | 32 - 35 | Yes | Aishwarya Telecom Limited manufactures products for telephone service providers, defense sector, railways, telecom equipment manufacturing companies and cable TV operators. This is small IPO but definitely poised for listing gains. |
Kiri Dyes & Chemicals Limited |
25-Mar-08 | 02-Apr-08 | 125 - 150 | No | Kiri Dyes and Chemicals Limited is into manufacturing of Dyestuff. Issue price is very much overvalued and it is a sure recipe for disaster. Take a break and apply in Titagarh Wagons IPO. |
Titagarh Wagons Limited |
24-Mar-08 | 27-Mar-08 | 540 - 610 | Yes | Titagarh Wagons Limited is a private sector manufacturer of railways wagons, bailey bridges, heavy earth moving and mining equipments. Issue is perfectly priced for a fundamentally strong company. Just Go for it irrespective of how the market is. |
Sita Shree Food Products |
11-Mar-08 | 14-Mar-08 | 27 - 30 | No | Sita Shree Food products Limited, a wheat and pulses processor is a supplier of products to major players in retail industry such as Pantaloon Retail and Reliance Retail. There is nothing positive about this issue. Ignore this and sit on cash. |
Gammon Infrastructure Projects |
10-Mar-08 | 13-Mar-08 | 167 - 200 | No | GIPL has investment in various infrastructure related projects such as Roads, Ports, Hydro Power, Urban infrastructure, Airports, Special Economic Zones etc. There are many better stocks available in the secondary market with attractive valuations. |
Rural Electrification Corporation |
19-Feb-08 | 22-Feb-08 | 90 - 105 | Yes | REC is a public financial institution, engaged in the financing and promotion of transmission, distribution and generation projects throughout India. It is conservatively priced and should give good listing and long term gains. |
V-Guard Industries Ltd |
18-Feb-08 | 21-Feb-08 | 80 - 85 | No | V-Guard Industries is into manufacturing and marketing of Electronic Voltage Stabilisers, Cables, Pumps and various other electrical items. Keeping in mind the current situation of Indian Stock Market, I would avoid this issue. |
GSS America Infotech Ltd |
11-Feb-08 | 15-Feb-08 | 400 - 440 | No | GSS America Infotech is offering I.T. Solutions in e-business, I.T. Consulting, I.T. Infrastructure Management Services and Enterprise Integration Application. The issue price is quite high compared to its performance and peers. |
Globus Spirits Limited |
07-Feb-08 | 12-Feb-08 | 140 - 160 | No | Global Spirits Limited owns two distilleries. The issue is expected to raise capital to expand and build new Distillation Plants. Nothing seems to be positive in this issue. Better to ignore this as well. |
SVEC Construction Limited |
04-Feb-08 | 13-Feb-08 | Cancelled | No | SVEC Constructions Limited is yet another construction company that carries on all types of civil, electrical and mechanical works. Issue price is quite high and I would skip this issue. |
Tulsi Extrusions Limited |
01-Feb-08 | 05-Feb-08 | 80 - 85 | No | TEL is in the business of manufacturing and trading of various types of PVC pipes and their fittings. The issue price is too high and cannot be justified in comparison to its peers. Also in the current market, there are far many better opportunities. |
Emaar MGF |
01-Feb-08 | 11-Feb-08 | Cancelled | No | EMAAR MGF is just another Construction IPO. Lowers its price from 610 � 690. I will prefer available companies like DLF or Unitech directly from the secondary market than this one due to its steep price. Do not follow the Grey market premiums. |
Manjushree Extrusions Ltd |
31-Jan-08 | 06-Feb-08 | 45 | Yes | Manjushree Extrusions is already listed company on Calcutta, Gauhati and Ahmedabad exchanges but are not traded. Post issue, it would also list on Mumbai Stock Exchange. It is at a good price and one can invest for medium to long term view. |
Wockhardt Hospital Limited |
31-Jan-08 | 07-Feb-08 | Cancelled | No | Wockhardt Hospital has lowered its Price Band from 280 - 310. It plans to build another 17 hospitals. It is now aptly priced and hence does not leave much upside. Keeping in mind the current market situation, I would avoid this IPO. |
IRB Infrastructure Developers |
31-Jan-08 | 05-Feb-08 | 185 - 220 | No | IRB Infrastructure Developers is into construction, development and operation of 12 BOT roads and highway project and all of them are toll based. The issue price is too expensive and the current market situation is definitely not right for this price. |
Shriram EPC Limited |
29-Jan-08 | 01-Feb-08 | 290 - 330 | No | Shriram EPC is into providing turnkey engineering solutions for biomass-based power plants, bio-ethanol production plants, process and metallurgy plants. Financial performance is not good with huge debts and liabilities. Also issue price is quite high. |
Bang Overseas Ltd |
28-Jan-08 | 31-Jan-08 | 200 - 207 | No | Bang Overseas is a provider of fashion fabrics and ready-to-wear requirements in apparel, textile and retail segment. Keeping in the mind the current stock market volatility and the steep issue price, I will avoid this issue. |
OnMobile Global Ltd |
24-Jan-08 | 29-Jan-08 | 425 - 450 | No | Onmobile is one of the leading providers of telecommunications value added services and products with an expanding international presence. It is very steeply priced and would prefer buying Tanla Solutions. |
KNR Constructions Ltd |
24-Jan-08 | 29-Jan-08 | 170 - 180 | No | KNR Construction designs, engineers, constructs and maintains roads. The company diversified into construction of irrigation and urban water supply projects. It is very steeply priced. |
Cords Cable Industries Ltd |
21-Jan-08 | 24-Jan-08 | 125 - 135 | No | CCIL manufactures cables upto 1.1 KV for segments like industrial, utility and buildings. Issue price is quite high and there are better companies like Torrent Power available in the secondary market. I will not apply in this issue. |
J Kumar Infraprojects Ltd |
18-Jan-08 | 23-Jan-08 | 110 - 120 | No | JKIL is a civil engineering and infrastructure development company working into Roads, flyovers and bridges, civil construction, Airport runway, Piling and Irrigation projects. A very small player and will be better to go for existing stocks. |
Reliance Power Ltd |
15-Jan-08 | 18-Jan-08 | 405 - 450 | Yes | Reliance Power is part of the Reliance ADAG and was established to develop, construct and operate power projects domestically and internationally. Must apply for listing and long term gains. Retail investors should utilize the part payment method. |
Future Capital Holdings Ltd |
11-Jan-08 | 16-Jan-08 | 700 - 765 | Yes | Future Capital Holdings is into Investment Advisory Services, Retail Financial Services and Research. It is reasonably priced. Management strategy is good. One should apply for listing gains as well as for long term. |
Porwal Auto Components |
17-Dec-07 | 20-Dec-07 | 68 - 75 | No | Porwal Auto Components plans to increase their production capacity with the IPO money. I could not find anything good about this company to write about. I will simply ignore this issue. |
Manaksia Limited |
17-Dec-07 | 19-Dec-07 | 140 - 160 | Yes | Manaksia Limited is into metal products, packaging products, mosquito coils, engineering & other goods. It is well managed, diversified products and multi-location consistently performing company. It should give good listing and medium to long term gains. |
Precision Pipes |
17-Dec-07 | 20-Dec-07 | 140 - 150 | Yes | Precision Pipes is OEM supplier to automobile industry and is into manufacturing automobile sealing systems and some other exterior products. Well managed and financially good company. It should give both listing and long term gains. |
Aries Agro Limited |
14-Dec-07 | 19-Dec-07 | 120 - 130 | No | Aries Agro � 35 years old company is into manufacturing of micronutrients and other nutritional products. The issue is very steeply priced and does not leave much for small investors. There are definitely better opportunities in the secondary market. |
Brigade Enterprises Ltd |
10-Dec-07 | 13-Dec-07 | 351 - 390 | No | BEL, a Bangalore based company operates across various domains in the real estate sector in South India. Compared to its existing peers it seems to be expensive. It may give minor listing gains. I would prefer buying DLF from the market. |
Transformers & Rectifiers India Ltd |
07-Dec-07 | 12-Dec-07 | 425 - 465 | Yes | Transformers & Rectifiers India Ltd manufacturers a wide range of transformers. The issue is almost fully priced and hence may give minor listing gains only. But it is definitely a good medium to long term investment. |
BGR Energy Systems Limited |
05-Dec-07 | 12-Dec-07 | 425 - 480 | No | BGR Energy Systems carries on business in two segments, the supply of systems and equipment & turnkey engineering project contracting. Its prospect is good with better margin. But the issue price makes it very expensive. May be post listing. |
eClerx Services Ltd |
04-Dec-07 | 07-Dec-07 | 270 - 315 | No | eCLERX Services is a small cap IT service company that provides different types of data analytics and reporting services to the financial services, retail and manufacturing industries. It is expensive and do not see even much of listing gains. |
Burnpur Cement Limited |
28-Nov-07 | 03-Dec-07 | 12 | No | Burnpur Cements Limited is cement grinding underutilized loss making company which is installing a cement plant to recover their losses. It is a tiny and almost insignificant player. Issue is very expensive and definitely not worth it. |
Jyothy Laboratories Limited |
22-Nov-07 | 27-Nov-07 | 620 - 690 | No | Jyothy Laboratories is a FMCG company whose 5 venture capitalists are selling their stakes and moving out completely. If those Big fellas are moving out then why would I get into this? No Thanks for now! |
Kaushalya Infrastructure Development Corp |
20-Nov-07 | 23-Nov-07 | 50 - 60 | No | KIDCO is engaged in construction and maintenance of roads, highways and bridges, erection of transmission lines, electrification projects, as well as commercial and residential complexes. It is a small player in reality space and I would avoid this one. |
Kolte-Patil Developers Limited |
19-Nov-07 | 22-Nov-07 | 125 - 145 | Yes | Kolte Patil Developers Limited is in real estate development that develops and constructs properties mainly in Pune and some in Bangalore. Its issue price is reasonable. One can subscribe with short to long term view for both listing and long term gains. |
Renaissance Jewellery Limited |
19-Nov-07 | 21-Nov-07 | 125 - 150 | No | RJL is in the business of manufacture and sale of studded gold, platinum and silver jewellery. This is another export business which has been struck hard due to Re appreciation. And there are better opportunities in the secondary market. |
Edelweiss Capital |
15-Nov-07 | 20-Nov-07 | 725 - 825 | Yes | ECL is a well known diversified financial services company. We are expecting huge subscriptions to this issue resulting in poor allotment ratio and definitely good listing gains. |
Empee Distilleries Ltd |
01-Nov-07 | 06-Nov-07 | 350 - 400 | Yes | Empee Distilleries Ltd is one of the leading suppliers of Indian Made Foreign Liquor (IMFL) to the Tamil Nadu State Government. If you have no issue for a wine stock, this could definitely give you good listing gains. |
Mundra Port & SEZ Ltd |
01-Nov-07 | 07-Nov-07 | 400 - 440 | Yes | Mundra Port and SEZ is the developer and operator of Mundra Port. This big port is already operational. It is an awesome opportunity to atleast double your money in the short term and should also give great returns in the long term. |
Religare Enterprises Ltd. |
29-Oct-07 | 01-Nov-07 | 160 - 185 | Yes | Religare, a Ranbaxy promoter group company, is one of the leading integrated financial services institutions of India. The issue is very attractively priced. One can apply for listing gains as well as for short term. |
Barak Valley Cements Ltd |
29-Oct-07 | 01-Nov-07 | 37 - 42 | No | Barak Valley Cements Ltd is a mediocre cement company which is posting profits largely due to various exemptions and benefits. It is now expanding its capacity. I would prefer cement companies from the secondary market over this. |
Varun Industries Ltd |
25-Oct-07 | 31-Oct-07 | 60 | Yes | Varun Industries Ltd is in trading of the stainless steel kitchenware and houseware items segment. It is India�s largest exporter. The issue is fairly priced. It leaves enough scope for both short and medium term investors. |
SVPCL Limited |
22-Oct-07 | 26-Oct-07 | 40 - 45 | No | SVPCL Limited is in the business of paper manufacturing and providing printing services. It has manufacturing facilities at Hyderabad, Vijayawada and Visakhapatnam with capacity of 19,500 MT. The issue is fully priced and does leave much scope. |
Allied Computers International (Asia) Ltd |
19-Oct-07 | 23-Oct-07 | 12 | No | ACIL is engaged in the business of assembling and marketing of laptop computers and software development. It is a small issue with negative cash flows and some very big competitors. Better to avoid this issue. |
Rathi Bars Ltd |
18-Oct-07 | 23-Oct-07 | 35 | No | RBL is engaged in the business of manufacturing steel bars which is used in the construction of multistoried buildings, dams, bridges, flyovers and power plants as a basic reinforcement material. There is not much upside left in this issue. |
Maytas Infra Limited |
27-Sep-07 | 04-Oct-07 | 320 - 370 | No | MIL is a sister concern of Satyam Computers. It is hyderabad based construction and infrastructure development company. Very expensively priced and does not leave much room for even listing gains. |
Circuit Systems India Ltd. |
27-Sep-07 | 05-Oct-07 | 35 | No | CSIL is in the manufacturing of PCB that are used in Consumer electronics, Computer peripherals, Telecommunication, Industrial Electronics etc. It is a very small issue and I do not think market will show much interest in this for now. |
Saamya Biotech India Ltd |
25-Sep-07 | 28-Sep-07 | 10 | No | SBIL is engaged in the business of manufacturing and trading chemicals, pharmaceuticals, drugs and intermediates. They are yet to setup manufacturing facilities. Maybe we should into this company at least a year from now if they are still around. |
Supreme Infrastructure India Ltd |
21-Sep-07 | 26-Sep-07 | 95 - 108 | Yes | Supreme Infrastructure is a medium sized Mumbai based construction company with primary focus on road construction. Issue is fairly priced leaving behind good margin for both long and short term investors. |
Koutons Retail India Ltd |
18-Sep-07 | 21-Sep-07 | 370 - 415 | Yes | KRIL is in the business of designing, manufacturing and retailing apparel under the Koutons and Charlie Outlaw brands through a network of 999 outlets. It is likely to be profitable for both short and long term investors. |
Consolidated Construction Consortium Ltd |
18-Sep-07 | 21-Sep-07 | 460 - 510 | No | CCCL is into industrial, commercial, infrastructures and residential sectors of the construction industry. Truly infrastructure sector has a good future. But is everything that Glitters is Gold? It is very expensively priced. |
Power Grid Corporation of India Ltd |
10-Sep-07 | 13-Sep-07 | 44 - 52 | Yes | PGCIL is India�s principal electric power transmission company and Mini-Ratna Category - I public sector undertaking. The company controls 45% market and has a strong potential. Pricing is reasonable and is a good short as well as a long term investment. |
Dhanus Technologies Ltd |
10-Sep-07 | 12-Sep-07 | 280 - 295 | No | DTL is engaged in 3 activities � Telecards, ITES/BPO and Software services & Fleet Tracking Services. It is a reasonably priced good issue. However, I would prefer buying this company post listing once the price is stabilized with a long term perspective. |
Allied Computers International (Asia) Ltd |
07-Sep-07 | 12-Sep-07 | 12 | No | ACIL is in the business of assembling and marketing of laptop computers and software development. It is a small company and the offer is fully priced. Hence does not leave much for listing gains. It could be a good long term investment. |
Kaveri Seed Company Ltd |
06-Sep-07 | 11-Sep-07 | 150 - 170 | No | KSCL is primarily into the business of production, processing and marketing of high quality hybrid seeds. Weak financial numbers on all grounds makes it a poor issue. Also its too expensively priced, leaving not much for listing gains as well. |
IT People (India) Ltd |
27-Aug-07 | 31-Aug-07 | 00 - 00 | No | IT People is a well established company providing human capital solutions on the IT and ITES industry globally. FPO at this time is very risky proposition for a small cap IT company whose valuations are already quite high. |
Magnum Ventures |
27-Aug-07 | 30-Aug-07 | 27 - 30 | No | Magnum Ventures is a company in the paper manufacturing and hospitality business. It will modernize its production facilities by replacing plant and machinery. Valuation is expensive and Paper industry is definitely not in my buying list for now. |
Dagger Forst Tools Ltd |
27-Aug-07 | 03-Sep-07 | 45 | No | Dagger Forst Tools Ltd manufactures Broach - highly specialized cutting tools used in engineering & auto component industries. Even though this company is part of the Yash Birla group, but the issue does not have any feature that attracts. |
Indowind Energy Ltd |
21-Aug-07 | 24-Aug-07 | 55 - 65 | No | Indowind generates wind power & develops, operates & maintains windmill projects for others. A stiff valuation, absence of a focussed business strategy & governance issues, negate the bright prospects that the wind power business otherwise holds. We do no |
Motilal Oswal Financial Services Ltd |
20-Aug-07 | 23-Aug-07 | 725 - 825 | Yes | Motilal Oswal is focused on retail wealth management and institutional broking. IPO is reasonably priced keeping in mind the growth prospects and valuations compared to its peers. It should give good listing and medium to long term gains. |
KPR Mills Ltd |
02-Aug-07 | 07-Aug-07 | 225 - 265 | No | It is a vertically integrated manufacturer producing readymade knitted apparel, knitted fabric and carded and combed cotton yarn. Firstly, textile industry stocks are on the downtrend. Secondly, this issue is quite overpriced. |
Take Solutions Ltd |
01-Aug-07 | 07-Aug-07 | 675 - 730 | No | It is software products and services company for Supply Chain Management and Life Sciences. The issue appears to be very steeply priced and does not leave much upside for the investors. |
Puravankara Projects Ltd |
31-Jul-07 | 08-Aug-07 | 400 - 450 | No | A real estate company that focuses on developing commercial & residential properties. It is still expensive compared to peer companies even after revised pricing. Might give some listing gains due to realty boom but does not seem to be a good investment. |
Asian Granito India Ltd |
26-Jul-07 | 31-Jul-07 | 85 - 102 | No | AGIL is engaged in the business of manufacturing and selling vitrified tiles. Issue is fairly priced and do not leave much upside from here for listing gains. However it would be good for long term investors. |
SEL Manufacturing Company Ltd |
26-Jul-07 | 31-Jul-07 | 80 - 90 | No | SEL is an integrated textile multi-product company manufacturing & exporting cotton yarn, knitted fabrics and knitted garments. High risk due to its limited clients, big competitors and large debt. At this price, it is expensive. |
Central Bank Of India |
24-Jul-07 | 27-Jul-07 | 85 - 102 | Yes | CBI is the third largest bank in India in terms of number of branches. Very reasonably priced and is expected to give good listing gains. |
Refex Refrigerants Ltd |
23-Jul-07 | 26-Jul-07 | 65 | Yes | Good profit making company. Raising money for expansion for expansion of the project. Valuation is OK and should give good listing gains. |
IVR Prime Urban Developers Ltd |
23-Jul-07 | 27-Jul-07 | 510 - 600 | No | Just another Realty IPO. As usual, should we apply? Not in this case. It is too expensive and we do not forsee any major upside from its pricing from both lising and investment purpose. |
Zylog Systems Ltd |
20-Jul-07 | 25-Jul-07 | 330 - 350 | Yes | Medium-sized IT company with consistently good performance. It is an excellent issue and should give mind blowing listing gains. One can also subscribe as a long term investment. |
Omnitech InfoSolutions Ltd |
19-Jul-07 | 25-Jul-07 | 90 - 105 | No | It is a small IT serivce provider. The issue is fairly priced. It might give good listing gains but overall it is an average ipo. It would definitely give good returns if one can hold for a period of 2 years or so. |
Omaxe Ltd |
17-Jul-07 | 20-Jul-07 | 265 - 310 | Yes | Construction company with a huge reserves of land bank. Well priced IPO. It should give good listing as well as long term gains. |
Alpa Laboratories Ltd |
12-Jul-07 | 17-Jul-07 | 62 - 68 | No | A multi-product pharmaceutical company raising money to start a new plant. Issue is fully priced. There is not much upside left for an individual investor. |
Simplex Projects Ltd |
10-Jul-07 | 13-Jul-07 | 170 - 185 | Yes | Strong order book and well priced share price. Not sure of very good listing gains but definitely a good long term investment. |
Everonn Systems India Ltd |
05-Jul-07 | 11-Jul-07 | 125 - 140 | Yes | Cheaply priced to its peers like Educomp Solutions. It should definitely give good listing gains like Vishal Garments. |
Allied Digital Services Ltd |
02-Jul-07 | 05-Jul-07 | 170 - 190 | Yes | Country wide presence and good profit making company. Well priced compared to its peers. Should give good listing gains. |
Housing Development & Infra |
28-Jun-07 | 03-Jul-07 | 430 - 500 | Yes | A profit making company with a good size of land bank. Cheaply priced compared to its peers. Should give good listing gains. Also good for medium to long time investors. |
Bharat Earth Movers Ltd |
27-Jun-07 | 03-Jul-07 | 1020-1090 | No | BEML has seen good run-up from 500 to 1500 and now its under consolidation phase. Presently available at 1140 in the market directly. I believe its expensive like ICICI FPO. |
Surya Chakra Power Corporation |
25-Jun-07 | 29-Jun-07 | 17 - 20 | No | Very steeply priced, carries high risk and offers no major promise for capital appreciation. |
Spice Communications Ltd |
25-Jun-07 | 27-Jun-07 | 41 - 46 | Yes | Spice is priced at a discount to its competitors. Even though it may not be well-placed to capitalise on the growth opportunities and its huge debt, it should give good listing gains. |
ICICI Bank Ltd. |
19-Jun-07 | 22-Jun-07 | 885 - 950 | No | Market makers have pulled its price in the secondary market to 950. It is highly overpriced FPO. Post FPO, one could get it from the market at cheaper rates. I would avoid this IPO. |
Ankit Metal & Power Ltd |
18-Jun-07 | 22-Jun-07 | 30 - 36 | No | Why should I invest in this IPO? I could not find any one good reason that would suggest me to invest in this company. |
Celestial Labs Ltd. |
18-Jun-07 | 22-Jun-07 | 60 | No | It might give some minor listing gains but overall weak fundamentals and overpriced. I would rather buy good pharma stocks from the secondary market if I need to invest in this sector. |
Roman Tarmat Ltd |
12-Jun-07 | 19-Jun-07 | 150 - 175 | No | Quite steeply priced compared to its peers. It may not even give listing gains. However, could be a good investment for long term. |
DLF Ltd |
11-Jun-07 | 14-Jun-07 | 500 - 550 | Yes | DLF appears to be very steeply priced. It may not give good listing returns or infact may go down in short term. Overall Good for medium to long term. |
Vishal Retail Ltd. |
11-Jun-07 | 13-Jun-07 | 230 - 270 | Yes | Very well priced compared to its peers. Should definitely give good listing, short and long terms gains. |
Meghmani Organics Ltd |
04-Jun-07 | 07-Jun-07 | 17 - 19 | No | Overpriced! Existing peer companies are available at cheaper valuations. Might give some minor listing benefits. |
Nelcast Ltd |
04-Jun-07 | 08-Jun-07 | 195 - 219 | Yes | Well priced and profit making company. Should give good listing gains and also should provide good returns for a long term investment. |
Decolight Ceramics Ltd |
24-May-07 | 29-May-07 | 45 - 54 | No | There's nothing good or bad about this IPO. However, I would hold my money for mega DLF IPO. |
Time Technoplast Ltd |
18-May-07 | 23-May-07 | 290 - 315 | Yes | Well diversified products portfolio. Equally well priced profit making company. It should give a good listing gains and good long term benefits as well. |
Nitin Fire Protection Ind. |
15-May-07 | 18-May-07 | 171 - 190 | Yes | Well priced. It should give good listing gains as well as has a good long term story. |
Glory Polyfilms Ltd |
09-May-07 | 15-May-07 | 48 | No | Existing listed peer companies are available at cheaper valuations. This seems to be too expensive and I do not see any major listing gains. |
Asahi Songwon Colors Ltd |
09-May-07 | 15-May-07 | 90 - 108 | No | Just another IPO with inflated pricing. Nothing much to talk about. |
Binani Cement Ltd |
07-May-07 | 10-May-07 | 75 - 85 | Yes | Strong parent company. Good profit making company and well priced. Should give good listing gains. |
Insecticides (India) Ltd |
07-May-07 | 11-May-07 | 97 - 115 | Yes | Good profit making company with very cheap valuations. Expect good listing gains |
MIC Electronics Ltd |
30-Apr-07 | 08-May-07 | 129 - 150 | Yes | Well Priced and Diversified company portfolio. Should give good listing gains. |
Hilton Metal Forging Ltd |
18-Apr-07 | 24-Apr-07 | 70 | Yes | Well priced. It is a good long term investment with some listing gains. |
Bhagwati Banquets and Hotels |
18-Apr-07 | 25-Apr-07 | 36 - 40 | No | Too expensive compared to its peers. Do not see any major listing gains as well. |
Fortis Healthcare Limited |
16-Apr-07 | 20-Apr-07 | 92 - 110 | No | Loss making company and is expensive compared to Apollo Hospital. It may not give good listing gains. It will be a safe bet for long term investors. |
Ammana Bio Pharma Ltd |
28-Mar-07 | 05-Apr-07 | 12 - 14 | Yes | Bit expensive and may not give good listing gains but definitely a good long term bet. |
Advanta India Ltd |
26-Mar-07 | 30-Mar-07 | 600 - 650 | No | Too expensive and might now even give listing gains |
ICRA Ltd |
20-Mar-07 | 23-Mar-07 | 275 - 330 | Yes | Should give good listing gains. Also a good medium to long term investment. |
Orbit Corporation Ltd. |
20-Mar-07 | 23-Mar-07 | 108 - 117 | No | Too expensive compared to its already listed peers |
Vimal Oil & Foods Ltd |
14-Mar-07 | 23-Mar-07 | 30 | No | Quite overpriced |
Gremach Infra Equip & Projects |
08-Mar-07 | 19-Mar-07 | 72 - 86 | No | It is a good Long term investment but with the current market state, I would rather buy other good companies from the market directly. |
Page Industries Ltd |
23-Feb-07 | 27-Feb-07 | 360 - 395 | Yes | Good Long term investment with some listing gains as well |
Tubeknit Fashions Ltd |
21-Feb-07 | 27-Feb-07 | 100 - 120 | No | May give minor listing gains. But overall there are better options now to invest directly in the secondary market directly. |
Abhishek Mills Ltd |
20-Feb-07 | 26-Feb-07 | 95 - 110 | No | Fairly priced. Do not see any long term or short benefit benefits |
AMD Metplast Ltd |
15-Feb-07 | 23-Feb-07 | 65 - 75 | No | Too expensive |
Jagjanani Textiles Ltd |
15-Feb-07 | 23-Feb-07 | 25 | No | Overall the sector is under performing. Do not see any major gains here. |
Astro Poly Technik Ltd |
14-Feb-07 | 22-Feb-07 | 115 | No | Do not see major listing gains. Could be beneficial in the long term investment. |
Raj Television Network Ltd |
14-Feb-07 | 23-Feb-07 | 221 - 257 | Yes | Expect good listing gains. It would be beneficial for both Short & Long Term investors. |
Indus Fila Ltd |
12-Feb-07 | 14-Feb-07 | 170 - 185 | No | No major listing gains expected. Could be beneficial in the long term investment. |
Evinix Accessories Ltd |
12-Feb-07 | 15-Feb-07 | 100 - 120 | No | Do not see major listing gains. Could be beneficial in the long term investment. |
Idea Cellular Ltd |
12-Feb-07 | 15-Feb-07 | 65 - 75 | Yes | Major listing gains expected. Good for both Short & Long term investor |
Broadcast Initiatives Ltd |
09-Feb-07 | 14-Feb-07 | 100 - 120 | No | Quite overpriced. May enter into this scrip once it cools down post its listing. |
MindTree Consulting Ltd |
09-Feb-07 | 14-Feb-07 | 365 - 425 | Yes | Great Listing gains, It is good for both Short & Long term investment |
Vijayeswari Textiles Ltd |
08-Feb-07 | 13-Feb-07 | 115 - 130 | No | Pricing is quite stretched. No major listing gains, could be beneficial for long term investor. Entire Sector is down for now. |
Oriental Trimex Ltd |
08-Feb-07 | 14-Feb-07 | 40 - 48 | No | It could be good for long term investment but I do not see major listing gains. |
Mudra Lifestyle Ltd |
08-Feb-07 | 14-Feb-07 | 75 - 90 | No | Could give some listing gains but otherwise fully priced. |
Euro Ceramics Ltd |
07-Feb-07 | 13-Feb-07 | 150 - 180 | No | Many other lucrative IPO's coming soon |
C and C Constuctions |
05-Feb-07 | 09-Feb-07 | 270 - 291 | Yes | Good Listing gains expected. Have a strong order book and hence also a good long term bet. |
Indian Bank |
05-Feb-07 | 09-Feb-07 | 77 - 91 | No | Overpriced - compared to its competitors. No major listing gains as well. There are better private banks to invest money. |
SMS Pharmaceuticals Ltd |
05-Feb-07 | 08-Feb-07 | 360 - 380 | Yes | Profit making, consistently growing pharma company. It may or may not give major listing gains but definitely a good long term bet. |
Lawreshwar Polymers Ltd |
05-Feb-07 | 08-Feb-07 | 16 | No | Too expensive - compared to its peers. |
Power Finance Corporation |
31-Jan-07 | 06-Feb-07 | 73 - 85 | No | It will not give major listing gains. However, it could be a good bet for the long term investor. |
Firstsource Solutions Ltd |
29-Jan-07 | 02-Feb-07 | 54 to 64 | Yes | Excellent lising gains with long term holding recommendation for sustained growth. |
Transwarranty Finance Ltd. |
23-Jan-07 | 02-Feb-07 | 48 - 55 | No | It may not even give listing gains. Nothing interesting about this IPO. |
Redington (India) Ltd. |
22-Jan-07 | 25-Jan-07 | 95 - 113 | Yes | Good listing gains. Appropriately priced. Good network for E-2-E logistics & supply chain model. |
Technocraft Ind (India) Ltd. |
18-Jan-07 | 23-Jan-07 | 95 - 105 | Yes | Well managed company, expansion of current assets. Expect good listing with definite long term gains. |
Cinemax India Ltd. |
18-Jan-07 | 24-Jan-07 | 135 - 155 | Yes | Good listing gains. Appropriately priced. |
Yogindera Worsted Ltd. |
16-Jan-07 | 22-Jan-07 | 24 | No | It may not even give listing gains. Nothing interesting about this IPO. |
House Of Pearl Fashions Ltd. |
16-Jan-07 | 23-Jan-07 | 525 - 600 | No | Very aggressive pricing. May give minor listing gains. Hence should be avoided. |
Pochiraju Industries |
15-Jan-07 | 18-Jan-07 | 25-30 | No | Not interesting. There are far more better opportunities. |
Global Broadcast News |
15-Jan-07 | 18-Jan-07 | 230-250 | No | Even though CNN-IBN or CNBC TV18 or CNBC Awaaz has good coverage, but IBN-7 hindi news channel is quite a risky proposition and is an expensive offer. |
Akruti Nirman |
15-Jan-07 | 19-Jan-07 | 475-540 | No | Negative cash flow, increasing debt, slum re-habiliation policy changes, land acquisition always a issue - Very high risk to award ratio. |
Autoline Ind |
08-Jan-07 | 12-Jan-07 | 220-225 | No | May give minor listing gains. Offer Price more or less on par with its peers. |
Cambridge Tech |
29-Dec-06 | 09-Jan-07 | 38 | No | Too expensive for its size. |
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