The ICRA IPO has been oversubscribed 54 times in retail segment. This means for every share there are 55 applications. Now assuming that everyone who gets shares, gets 20 shares (worth Rs 6600) the probability of getting shares on the following application amounts are: 300 share application – probability of getting 20 shares : 27.27% [...]
ICRA IPO has opened today (20th) and will close on 23rd March. It is one of the leading credit rating agencies of India. The IPO price band is Rs.275/- to Rs.330/-. The IPO comes at 18 times FY07 earnings and looks good buy compared to the already listed CRISIL. (CRISIL is trading at more than [...]
Raj TV will be listing on NSE and BSE on 16th March 2007. BSE Script Code: 532826 NSE Symbol: RAJTV The Demat ISIN is INE952H01019 The stock got poor response from investors and most probably will list at a discount to the offer price of Rs 257.
Raj TV’s IPO allotment status can be checked here. The IPO has received poor response from the investors and the listing price is likely to be below allotment price.
Broadcast Initiatives Limited Evinix Accessories Limited Oriental Trimex Limited None of these stocks offer attractive stories. Investors should get out of all three and look for better valuations in other stocks. Evinix is a good niche story, but the valuations are expensive and the already listed Crew Bos would be a better choice in the [...]
MindTree Consulting Limited will be listing on 7th March 2007. NSE Symbol: MINDTREE. ISIN: INE018I01017 A listing price of 725-750 is expected against an offer price of Rs 425. Investors should hold for long term.
Seven year old Piyush Kolur is suffering from acute lympoblast leukemia – a type of blood cancer. The only way he has a chance of survival is the process of ‘Matched unrelated donors bone marrow transplant’. For it, he needs to be taken to Robert Debre hospital in Paris. The treatment may take around 4 [...]
Mudra Lifestyle Ltd IPO allotment status can be checked here.
Idea shares have been credited to demat accounts of applicants. However the registrar’s site is not showing the status. The status will be available here from Monday. For every 4 shares applied, 1 has been alloted. For example, those who applied for 1260 shares have got 344. those who applied for 630 shares have got [...]