Allied Digital Services Limited IPO offer open

June 30, 2007

allied digital services limited IPO
Start dt: 02/07/2007
End date: 05/07/2007
Price Band: Rs.170 to 190/-.


Everonn Systems India Limited IPO flash

June 30, 2007

Everonn Systems India Ltd IPO
Start dt: 06/07/2007
End date: 11/07/2007
Price Band: Rs.125 to 140/-


Bharat Earth Movers Ltd

June 30, 2007

Bharat Earth Mover’s Ltd IPO closing on 3rd july 2007.


Infosys Technologies is coming out with Q1 results on Jul 11, 2007

June 30, 2007

Infosys Technologies is styarting the Quarter results calendar by giving out the results on July 11th 2007 for the first quarter ending June 30, 2007 (Q1).


Jet Airways first to start SMS Check In Service

June 30, 2007

Jet Airways India Ltd is the first in india to launch the service “SMS Check-in” for its Jet Privilege members, following the successful launch of its mobile-ticketing solution. But Im really not sure will the take that much pain and do sms and check In may be there are some who argue rather than waiting in line they can do SMS Check In .But Tell me is this something that will get them more customers.


DLF IPO Allotment status

June 30, 2007

We know the retail portion was not fully subscribed so everyone should be getting allotment .


Suryachakra Power Corporation Limited IPO opens on June 25th 2007

June 27, 2007

Suryachakra Power Corporation Limited IPOIssue Period June 25, 2007 to June 29, 2007 Issue Size 3,40,00,000 Equity Shares Issue Type 100% Book Building Face Value Rs. 10/- Price Range Rs. 17/- to Rs. 20/- Tick Size Re. 1/- Market Lot 300 shares Minimum Order Quantity 300 shares


Spice Communications IPO or Spice Telecom IPO opens on June 25th 2007

June 27, 2007

Issue size is 520 crore Issue Dates: Opens on June 25th 2007 closes on June 27 2007Issue Price : Rs 41 – 46 a shareIssue Details : It will issue 11.31 crore equity shares of Rs 10 each and the issue will comprise 16.39% Spice Communications’ fully diluted post-issue share capital. Pre IPO Placement : It raised around Rs 112 crore through a pre-IPO placement of 2.48 crore shares at Rs 45 each. Stake Holders : Malaysia’s official service provider Telekom Malaysia (TM) holds 49%,while industrialist and Modi group Chairman B K Modi owns the remaining 51% stake in Spice Communications. Purpose of the Issue : 50% of the total proceeds to retire part of its Rs 1,000 crore debt,Remaining for foraying into national long distance (NLD) and international long distance (ILD) services in the country.Financials:Spice Communications’ net loss of Rs 68.58 crore in the full year ended June 2006 from Rs 6.97 crore in FY 2005.Sales advanced 9.1% to Rs 661.49 crore in FY 2006 (Rs 606.57 crore). Listing : Listed only in BSEINDIA , not sure if everyone knw abt this if its a negative turnover company you cant list it in Nseindia.


ICICI BANK FPO Priced at 940 Rs and for retailers at 890 Rs

June 27, 2007

ICICI Bank FPO price has been fixed at 940 rs per share and also they have fixe the ADS at American depositary share at $49.25 per share so this will be also some where in the range of 1000 rs or so .As we all know that retailers doesn’t need to pay the same price as other FII and QIB’s , there price would be at 890 Rs per share which is like good profit considering the price of 950 rs in the secondary market , but one thing i don’t understand is not sure how much profit it would have got them , like investment of hundred shares is like 90000 Rs which would yield them 96000 rs which is mere profit of 7 percentage


Inflation for week ending june 9 at 4.38 percent

June 27, 2007

Inflation for week ended June 9 at 4.28% Vs 4.80% at 57-week low, market estimate 4.43%,Finance minister on replying to the easing inflation as told that they would be closely watching the inflation for 4 to 5 weeks to make any decision on if the inflation is easing or not.