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Reliance Power Bonus Shares - Free for All Shareholders

Reliance Power Board will give free bonus shares to all it’s shareholders to compensate the losses everyone of us suffered when the company was listed a week ago and now trading at Rs 375... more »

Bang Overseas Ltd IPO Allotment Status

Bang Overseas, a provider of fashion fabrics and ready-to-wear requirements in apparel, textile and retail segment, has opened for subscription with an IPO of 3,500,000 equity shares of Rs 10 each during the last week of January 2008. The price band had been fixed between Rs 200 and Rs 207 per equity share. If you had applied for this IPO, you .. more »

KNR Constructions IPO Allotment Status

KNR Constructions Limited IPO that was oversubscribed by only 1.25 times and only 0.27 times in retail category declared the IPO allotment. Anyone who has applied for this IPO will certainly receive that many shares as it was not subscribed even 1 time in retail category. Here is the KNR Constructions Limited IPO Allotment Status.. more »

J Kumar Infra IPO Listing on 12th Feb 2008 - Will it list below issue price?

Looking at the primary market performance recently, we are not very positive about listing of J Kumar Infra IPO as well. J Kumar Infraprojects (JKIL) is a civil engineering and infrastructure development company, and will be listing on the NSE and BSE with on February 12, 2008. The offer price has been fixed at Rs 110 per share... more »

SBI Rights Issue May Open on 18th February 2008

The State Bank of India rights issue is likely open on 18th February 2008. Even though the market is experiencing the turbulence and primary market is bearing the losses, SBI - the country’s largest commercial bank would go ahead with the rights issue of Rs 16,700 crore as planned. The rights issue offer is 1:5 - SBI is offering one share each .. more »

Reliance Power Could not Show Power on Listing Day

Reliance Power, the new company Anil Dhirubhai Ambani Group Company with one of the biggest IPO in Indian stock markets, has closed at Rs. 372 which is almost 17% down from the issue price. It even touched a low of Rs 355.30 before closing... more »

Why Someone Should Invest in Punj Lloyd Stocks now

An investment can be considered in the stock of infrastructure company Punj Lloyd. A healthy order-book, qualification to bid for larger and complex orders, and steady profit margins excluding one-off expenses suggest strong earnings prospect for the company. The stock is trading at 20 times its expected consolidated earnings for FY 2009. .. more »

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