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.
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.
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 [...]
The allotment status of Indian Bank IPO is now available here. Investors should book profit on listing. There are many better banks available in the markets at cheaper valuations. At Rs 91 the PE ratio of the stock works out to be 6.25 and price to book value ratio works out to be 1.66. The [...]
The allotment status of Initial Public Offering (IPO) of Mindtree consulting will soon be available here. Investors should hold this stock – no matter what the listing price is. Mindtree is one of the fastest growing IT firms in India and this stock may well be the next multibagger in the IT sector after Tech [...]
PFC IPO allotment status can be checked here: Power Finance Corporation Limited
The allotment status for FirstSource IPO applications can be checked here: FirstSource IPO Allotment Status