Power Grid - Listing Date

Power Grid Corporation of India Ltd will be listed on 5th of October.

DLF - Rose about 14%

DLF, on the news of being awarded Rs. 6000 Crore project by Karnataka Govt, rose about 14% on a single day (A gain of about Rs. 120+), though real estate index rose by 7%. Good momentum in this stock. I think it is good time to make partial profit in this counter.

Power Grid Corporation Of India - Allotment details

Power Grid Corporation Of India allotment details are available here. Good luck. There seems to be very high Grey market premium for this stock.

Puravankara - Listed below IPO value

Puravankara listed today with a discount of more than 5% on BSE. Currently it is trading at levels of Rs. 375. And market is up today.

Exide Industries: Board agrees for rights issue

During the board meeting held on 29-Aug-2007, Exide board agreed for rights issue. These shares will be alloted in the ratio of 1:15 (One share for every fifteen shares) at a face value of Rs. 1 with a premium of Rs. 29, effectively Rs. 30/- for each share thus raising an amount of Rs. 150 Crores. Thus raised funds would be utilized to augment the long-term resources of the company.

Refex - Poor opening

Refex opening was poorer than expected. Currently it is trading at Rs. 64 levels (Below IPO price). You can check your allotment status here. Should I say good luck to all who allotted?

Tech stocks on recovery?

Rupee is raising. Keep a watch on tech stocks. Since one week, stock value of Big 4 (TCS, Wipro, Infosys and Satyam) raised by about 2-4%, TCS being the highest gainer in one week.

Omnitech Infosolutions IPO - Allotment Status

Omnitech Infosolutions IPO - Allotment Status can be found here.

Central Bank Of India - Allotment Status

Central Bank Of India IPO allotment status is available here. Good luck to you.

Spice Communication - Listed today

Spice Communications listed today on BSE. Price range was 48.5 - 68+. Good opening than many people expected. Listed with almost 50% (on higher note) premium as compare to IPO price of Rs. 46.

Good to see a nice opening for Spice Communications, which is a loss making company (as of today).

Spice Communications IPO Allotment Status

Spice Communication allotment is ended. Those who did not get can check their ECS being credited in their respective banks. You could check your allotment status here

Good luck!!!

Omaxe IPO looks interesting

Omaxe IPO started today with a price band of Rs. 256 - Rs. 310. Minimum order quantity is 20 shares. Offer closes on 20-Jul-2007. This share looks good both for listing gains as well as medium term holding.

IPO: Everonn

Everonn IPO is closed on 11-Jul-2007. Allotment status can be found here