Friday, January 25, 2008

Globus Spirits Limited IPO


Incorporated in 1993, Globus Spirits Limited is amongst the leading players in the Alcohol industry in North India. They are in the business of manufacturing, sales and marketing of Indian Made Foreign Liquor (IMFL), Industrial Alcohol and Country Liquor.

Globus Spirits major brands are Samurai Gold, Hannibal Rum, White Lace Gin & White Lace Duet Gin.

Globus Spirits owns two modern distilleries which are situated at:

  1. Behror, District Alwar, Rajasthan: The production facility is built on an area spread over 17.97 acres of land. The unit has its own captive supply of water and power.
  2. Samalkha, District Panipat, Haryana: The production facility is built on an area spread over 16.575 acres of land. This unit too has its own captive supply of water and power.

The total licensed and installed capacity of both the units stand is at 144 lakh Bulk Litres (BL) per annum each.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for:

  1. Installation of a Multi-Pressure Distillation Plant to produce quality Extra Neutral Alcohol (ENA) of 35,000 Litres per day from both Molasses and Grain at Behror Unit in Rajasthan;
  2. Installation of a Multi-Pressure Distillation Plant to produce quality Extra Neutral Alcohol (ENA) of 35,000 Litres per day from Grain at Samalkha Unit in Haryana;
  3. Installation of a High-Pressure Boiler and Back–Pressure Turbine;
  4. Brand development for marketing IMFL brands in 10 more States/Union Territories;
  5. Acquisition of Canteen Stores Department (CSD) registered IMFL Brands;
  6. Meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges.

Globus Spirits Limited IPO Information

»» Public Issue Open: February 07, 2008 to February 12, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: [.] Equity share aggregating to Rs. 68 Crores
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 140/- to Rs. 160/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager: Srei Capital Markets Limited.
»» Registrar: Intime Spectrum Registry Ltd (Ph: +91-22-2596 0320 Email:globus.ipo@intimespectrum.com)

SVEC Constructions Ltd IPO


Incorporated in 1985, SVEC Constructions Limited is a leading company in the construction industry in India. They executes projects for Government, public and private corporates.

SVEC Constructions has completed many contracts with various public sector undertakings, defence establishments, State and central governments. SVEC undertakes projects like the construction of major specialized public utility buildings and irrigation projects involving the use of heavy machinery besides heavy structural steel fabrication works.

    SVEC has designed, constructed and delivered some of the infrastructure projects in the country covering the following sectors of the industry:
  1. Irrigation
  2. Commercial
  3. Residential
  4. Hospitals
  5. Judicial
  6. Sports stadium
  7. Airports
  8. Industrial structures

SVEC is one of the specialists in CC lining and construction of structures for canals and in building residential/commercial buildings for Government, public and private corporates.

Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
  1. Purchase of Capital Equipment;
  2. Meeting long term working capital requirements;
  3. To meet the expenses of the Issue;
  4. For General Corporate Purpose;

SVEC Constructions Ltd IPO Information

»» Public Issue Open: February 04, 2008 to February 08, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 40,00,000 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 85/- to Rs. 95/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager:Centrum Capital Ltd, Karvy Investor Services Ltd
»» Registrar: Karvy Computershare Pvt Ltd (Ph: +91-40-2342 0815 Email: mailmanager@karvy.com)

Emaar MGF Land Limited IPO


Incorporated in 2005, Emaar MGF Land Limited is a joint venture between Emaar Properties PJSC (“Emaar”) of Dubai and MGF Development Limited ("MGF") of India.

Emaar is one of the world’s leading real estate companies – having developed approximately 45.0 million square feet of real estate across residential, commercial and other business segments and with operations in 16 countries. Emaar's primary business is the development of properties in the residential, commercial, retail and hospitality sectors. They have also identified healthcare, education and infrastructure as business lines for future growth.

Emaar's current project includes The Views at Mohali Hills (Mohali),The Villas at Mohali Hills (Mohali), Boulder Hills (Hyderabad), Palm Springs (Gurgaon), Chennai Esplanade (North Chennai), Palm Drive (Gurgaon), The Central Plaza (Mohali), Courtyard by Marriott (Amritsar), J.W. Marriott (Kolkata), Holiday Inn (Kolkata), Holiday Inn (Dehradun).

Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
  1. Part payment towards acquisition of land and land development rights and related approvals for our ongoing and planned projects;
  2. Development and construction costs for the project palm drive;
  3. Repayment of loans;
  4. To meet the expenses of the Issue;
  5. For General Corporate Purpose;

Emaar MGF Land Limited IPO Information

»» Public Issue Open: February 01, 2008 to February 06, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 117,389,914 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 610/- to Rs. 690/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager:Enam, DSP, Citigroup, Goldman, HSBC, J.P. Morgan & Kotak
»» Registrar: Karvy Computershare Private Limited (Ph: +91-40-2342 0815 Email: einward.ris@karvy.com)

Tulsi Extrusions Limited IPO


Incorporated in 1994, Tulsi Extrusions Limited is a manufacture of various types of PVC pipes and fabricated fittings. They have also procured one elastomeric sealing machine along with mandrels enabling to manufacture elastomeric sealing pipes. Compant sell their products under brand name “Tulsi”. They have ISO 9001:2000 certificate in respect of quality management systems since 2002. Company has marketing presence in the states of Maharashtra, Madhya Pradesh, Chattisgarh, West Bengal and Rajasthan.

The PVC pipe products manufactured by Company are to suit the requirements of application in agriculture, potable water supply schemes, sewerage and drainage systems, construction industry, telecom industry, bore well for underground water suction, etc., ranging from 20 mm diameter to 315 mm diameters in all pressure ratings.

Pursuant to the take-over of the specified assets and liabilities of M/s. Tulsi Pipe Industries, Narvada Industries and Gopal Extrusions Private Limited, Company’s manufacturing facilities are being operated at three different locations in MIDC, Jalgaon, Maharashtra. The total installed capacity as on March 31, 2007 is now 10,483 metric tonnes for PVC pipes & fabricated fittings.

Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
  1. Expansion of our manufacturing facilities at Jalgaon, Maharashtra;
  2. Meeting long term working capital requirements;
  3. Purchase of branch offices;
  4. Provision for Contingencies;
  5. To meet the expenses of the Issue;
  6. For General Corporate Purpose;

Tulsi Extrusions Limited IPO Information

»» Public Issue Open: February 01, 2008 to February 05, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 57,00,000 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 80/- to Rs. 85/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager:Almondz Global Securities Limited
»» Registrar: Intime Spectrum Registry Limited (Ph: +91-22-2596 0320 Email: tulsiipo@intimespectrum.com)

Wockhardt Hospitals Limited IPO


Incorporated in 1991, Wockhardt Hospitals Limited is one of the largest private healthcare services companies in India, based on the number of hospital beds, according to information provided by CRIS-INFAC’s report published in 2007.

Wockhardt Hospitals have a superspecialty focus on core areas such as cardiology and cardiac surgery, orthopedics, neurology and neurosurgery, urology and nephrology and critical care, and specialize in minimally invasive surgery.

In India, they are the only private hospital group associate of Harvard Medical International (“HMI”), a selfsupporting not-for-profit subsidiary of Harvard Medical School. Wockhardt Hospitals is super-specialty hospital in Mumbai is one of the first hospitals in South Asia to have received international accreditation from Joint Commission International ("JCI"). JCI is part of the Joint Commission on Accreditation of Healthcare Organizations, a non-profit corporation that is the largest accreditor of healthcare organizations in the United States.

Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
  1. Meet the cost of development and construction of greenfield and brownfield hospitals of the Company;
  2. Prepay some of the short term loans of the Company;
  3. Meet general corporate purposes including strategic initiatives;
  4. Meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges.

Wockhardt Hospitals Limited IPO Information

»» Public Issue Open: January 31, 2008 to February 05, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 25,087,097 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs 280/- to Rs 310/-
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager: Citigroup Global Markets India Private Limited & Kotak Mahindra Capital Company Limited.
»» Registrar: Intime Spectrum Registry Limited (Ph: +91-22-2596 0320 Email: whl.ipo@intimespectrum.com)

IRB Infrastructure Developers Limited IPO


Incorporated in 1998, IRB Infrastructure Developers Limited is in infrastructure development business which involves construction, development and operation of infrastructure development projects.

IRB Infrastructure Developer is an established infrastructure company in the roads sector in India and have a large portfolio of completed and operational BOT projects in the Indian road infrastructure sector. IRB's construction business complements infrastructure development business and involves engineering, procurement and construction work for construction projects on a contractual basis, including in the roads sector.

IRB is one of the leading Private Developers in the Western India & having large number of operating toll road projects. IRB has executed Road Construction works on BOT and funded basis for the Clients like MORST&H, NHAI, MSRDC, PWD, World Bank, Asian Development Bank, of around 1200 kms length, so far. IRB executed one of the early BOT Project viz. 'Thane Bhiwandi By-Pass Road' & the prestigious 'Mumbai - Pune Expressway & NH 4 BOT Project'.

Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
  1. Investment in a Subsidiary;
  2. Prepayment and repayment of existing loans of the Company and the Subsidiaries;
  3. To meet the expenses of the Issue;
  4. For General Corporate Purpose;
  5. To meet the long term working capital requirements of the Company.

IRB infrastructure development IPO Information

»» Public Issue Open: January 31, 2008 to February 05, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 51,057,666 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 185/- to Rs. 220/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing : BSE, NSE
»» Lead Manager:Deutsche Equities India Private Ltd and Kotak Mahindra Capital Company Limited.
»» Registrar: Karvy Computershare Private Limited (Ph: +91-40-2342 0815 Email: irbipo@karvy.com)

Shriram EPC Limited IPO


Incorporated in 2000, Shriram EPC Limited is a service provider of integrated design, engineering, procurement, construction and project management services for renewable energy projects, process and metallurgical plants and municipal services sector projects and one of India's leading 250KW wind turbine generator ('WTG') manufacturers.

Company's engineering, procurement and construction business is focused on providing integrated turnkey solutions for biomass-based power plants, bio-ethanol production plants, process and metallurgy plants (including thermal power plants), water and wastewater treatment plants, water and sewer infrastructure and pipe rehabilitation. Their WTG business has been focused on developing, manufacturing, erecting and commissioning 250KW WTG, and is currently developing megawatt-class WTGs.

Shriram businesses are categorized into two segments:

  1. Engineering, procurement and construction (“EPC”) projects and development, sale and maintenance of WTGs.
  2. EPC business which focuses on renewable energy, process and metallurgy and municipal services projects.

They have completed wind energy projects for WTG business throughout India, particularly south India, and internationally in Zambia and France & EPC project across 16 states in India.

Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
  1. Investment in subsidiary and Associate Companies;
  2. Meet general corporate purposes;
  3. Meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges.

Shriram EPC Limited IPO Information

»» Public Issue Open: January 29, 2008 to February 01, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 5,000,000 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs 290/- to Rs 330/-
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager: ICICI Securities Limited, Motilal Oswal & Kotak Mahindra.
»» Registrar: Cameo Corporate Services Ltd (Ph: +91-044-2846 0390 Email: shriramepc@cameoindia.com )

Saturday, January 19, 2008

Bang Overseas Limited IPO


Incorporated in 1992, Bang Overseas Limited presently providing fashion fabrics and meeting ready to wear requirements of our customers in apparel, textile and retail segment.

They are conceptualising and designing fashion fabrics and outsourcing the manufacturing process of the same from countries like Turkey, Portugal, Mauritius and other European Countries. They have centralised warehousing and logistic centre at Kalher Village near Bhiwandi to facilitate their supply chain management.

Bang Overseas Ltd have ten retail outlets located at Mumbai, Rajkot, Surat, Gurgaon, Pune, Bangalore (3 stores), Kolkata, and Ahmedabad which are established under the brand name “Thomas Scott” retail outlet. Their products are presently retailed through 155 point of sales comprises of their own retail outlets, Large format stores (LFS) like Shoppers’ Stop, Pyramid, Globus, SAGA and Multi Brand Outlets (MBO) spread all over India.

Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
  1. Setting up retail outlets across India and brand building;
  2. Setting up a new apparel manufacturing unit;
  3. Warehousing and Logistic facilities;
  4. General Corporate Purposes;
  5. Issue Expenses.

Bang Overseas Limited IPO Information

»» Public Issue Open: January 28, 2008 to January 31, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 3,500,000 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 200/- to Rs. 207/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager: Almondz Global Securities Ltd
»» Registrar : Karvy Computershare Private Limited (Ph: +91-40-2343 1553 Email: bang.ipo@karvy.com)

KNR Constructions Limited IPO





Incorporated in 1995, KNR Constructions Limited is an infrastructure project development company providing engineering, procurement and construction services across various fast growing sectors namely roads & highways, irrigation and urban water infrastructure management.

KNR's project execution strength primarily is in road transportation engineering projects namely construction and maintenance of roads, highways, flyovers and bridges. Presently they are executing 24 contracts spread across various states in the country. KNR's clients are governmental agencies like the NHAI, and public works department under the State Governments of Andhra Pradesh, Madhya Pradesh, Karnataka, Tamil Nadu and Uttar Pradesh.

Some of the major projects completed by KNR:

  1. Four laning of NH-24 from Km.27.643 to 48.638 and construction of Hapur Bypass in Uttar Pradesh.
  2. Rehabilitation and upgrading of Surat (Gujrat).
  3. Widening to 4 lanes and Rehabilitation of Existing 2-lane carriageway of Krishnagiri- Vaniyambadi in the State of Tamil Nadu.
  4. Widening to 4/6 lanes and strengthening of the existing 2-lane carriageway in the state of Andhra Pradesh.
  5. Major Maintenance Works under Uttar Pradesh State Road from Azamgarh to Ghazipur.

CRISIL IPO Grade:

KNR Constructions Limited IPO has been graded by CRISIL Limited as CRISIL IPO GRADE 3/5, indicating that the fundamentals of the issue are average, in relation to other listed equity securities in India.

Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for
  1. Further Equity investment in BOT projects;
  2. Purchase of capital equipment;
  3. For meeting working capital requirement;
  4. For General Corporate Purpose.

KNR Constructions Limited IPO Information

»» Public Issue Open: January 24, 2008 to January 29, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 7,874,570 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 170/- to Rs. 180/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing : BSE, NSE
»» Lead Manager: Axis Bank Limited
»» Registrar : Intime Spectrum Registry Ltd (Ph: +91-22-2596 0320 Email: knr.ipo@intimespectrum.com)

Manjushree Extrusions Ltd (MEL) FPO


Incorporated in 1987, Manjushree Extrusions Limited (MEL) is in the business of manufacturing specialty plastic packaging products mainly containers and Jars for Multinational Companies in FMCG, Pharma, Food Processing and Agrochemical sectors.

The Equity Shares of the Company are already listed on Gauhati Stock Exchange (GSE), Calcutta Stock Exchange Association (CSE) and Ahmedabad Stock Exchange (ASE).

Manjushree Extrusions market its product under the brand names ‘POLYPET’, ‘DURAFLEX’ and ‘THERMOPET’. The major clients of the Company include Hindustan Lever, Nestle, Cadbury, Britannia, Glaxo Smith Kline, P&G, Coca Cola, Tata Tea, Goodricke Group, McLeod, Godrej, Nutrine, Wrigley’s, Parry’s, Heinz, P&G, Reckitt etc.

Company is coming up with rights issue & follow on public offer (FPO) of equity shares aggregating to Rs 35.70 crore.

    Right issue information:
  • Issue Size: 42,10,800 Equity Shares
  • Face Value: Rs 10
  • Issue Price: Rs 30 (premium of Rs 20 per share)
  • Issue Open: January 7, 2008
  • Issue Close: February 6, 2008
    Follow on public offer (FPO) information:
  • Issue Size: 51,26,100 Equity Shares
  • Face Value: Rs 10
  • Issue Price: Rs 45 (premium of Rs 35 per share)
  • Issue Open: January 31, 2008
  • Issue Close: February 6, 2008

Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for
  1. To expand and diversify its operations by setting up facilities for manufacture of Speciality Plastic Containers and PET Preforms;
  2. To meet the Working Capital Margin requirement for the proposed project.

Manjushree Extrusion Limited FPO Information

»» Public Issue Open : January 31, 2008 to February 6, 2008
»» Public Issue Type : Fixed Price Issue (Follow on Public Offer FPO)
»» Public Issue Size: [ ] Equity Share Aggregating Rs 23.07 Crore
»» Public Issue Price: Rs. 45/- Per Equity Share
»» Face Value: Rs 10/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing : BSE
»» Lead Manager: Centrum Capital Limited
»» Registrar : Alpha Systems Private Limited (Ph: 080-2346-0815/818 Email: mel@123alpha.com)

OnMobile Global Limited IPO



Incorporated in 2000, OnMobile Global Limited is a leading provider of telecommunications value added software products and services in India.

OnMobile products are targeted at end-user telecommunications with an increasing focus on capitalising on the convergence between wireless and wired line telecommunications services, media content distribution, internet, mobile marketing and mobile commerce. They have broad range of applications for their end-user subscribers. Products include ring back tones, voice portals, ring tones downloads, contests, music messaging, mobile radio, dynamic voicemail and missed call alerts.

OnMobile’s major customer includes Bharti, BSNL, Tata Teleservices Limited, Vodafone Essar Limited and more than 10 international telecommunications operators in eight countries. In addition to telecommunications carriers, OnMobile market its services to media companies such as AOL, Disney, ESPN, India Today Group digital, a division of Living Media India Ltd., Star, handset manufacturers such as Nokia and other large corporations.

CRISIL IPO Grade:

OnMobile Global Ltd. (OGL) IPO has been graded by CRISIL Limited as CRISIL IPO GRADE 4/5, indicating that the fundamentals of the issue are above average relative to other listed equity securities in India.

Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to
  1. Purchase equipment for company's office at Bangalore, Mumbai, Delhi and various customer sites;
  2. Achieve the benefits of listing.;
  3. To meet the expenses of the Issue;
  4. To meet the long term working capital requirements of the Company.
  5. General corporate purposes.

OnMobile Global Limited IPO Information

»» Public Issue Open : January 24, 2008 to January 29, 2008
»» Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 10,900,545 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 425/- to Rs. 450/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing : BSE, NSE
»» Lead Manager: ICICI Securities Limited & Deutsche Equities Private India Limited
»» Registrar : Karvy Computershare Private Limited (Ph: +91-40-2342 0818 Email: einward.ris@karvy.com)

Tuesday, January 15, 2008

Emaar MGF Land Limited IPO



Incorporated in 2005, Emaar MGF Land Limited is a joint venture between Emaar Properties PJSC (“Emaar”) of Dubai and MGF Development Limited (“MGF”) of India.

Emaar is one of the world’s leading real estate companies – having developed approximately 45.0 million square feet of real estate across residential, commercial and other business segments and with operations in 16 countries. Emaar's primary business is the development of properties in the residential, commercial, retail and hospitality sectors. They have also identified healthcare, education and infrastructure as business lines for future growth.

Emaar's current project includes The Views at Mohali Hills (Mohali),The Villas at Mohali Hills (Mohali), Boulder Hills (Hyderabad), Palm Springs (Gurgaon), Chennai Esplanade (North Chennai), Palm Drive (Gurgaon), The Central Plaza (Mohali), Courtyard by Marriott (Amritsar), J.W. Marriott (Kolkata), Holiday Inn (Kolkata), Holiday Inn (Dehradun).

    Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
  1. Part payment towards acquisition of land and land development rights and related approvals for our ongoing and planned projects;
  2. Development and construction costs for the project palm drive;
  3. Repayment of loans;
  4. To meet the expenses of the Issue;
  5. For General Corporate Purpose;

Emaar MGF Land Limited IPO Information

»» Public Issue Open: February 04, 2008 to February 07, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 117,389,914 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 725/- to Rs. 850/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager:Enam, DSP, Citigroup, Goldman, HSBC, J.P. Morgan & Kotak
»» Registrar: Karvy Computershare Private Limited (Ph: +91-40-2342 0815 Email: einward.ris@karvy.com)

Sunday, January 13, 2008

Cords Cable Industries Limited IPO




Incorporated in 1991, Cords Cable Industries Limited is in the business of providing cost-effective and quality solutions for various electrical connectivity requirements. Cords developed a wide range of specialised cables to address the specific requirements of industries involving modern process technologies, instrumentation and communication demanding the highest standards of precision and reliability and cables for house-hold users.

Cords Cable manufacture cables upto 1.1 KV for various applications covering most segments of users including industrial, utility and buildings. Thet have wide spectrum of cable users in various industries like power, steel, cement, fertilizers and chemicals, refinery / petroleum and many others.

Cords clients are from diverse industries and include names such as BHEL, NTPC, Hindalco, ACC, HPCL, GAIL, TATA STEEL, Siemens, Honeywell, L&T, MRPL and others.

    Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
  1. Setting up of the production facilities;
  2. To meet the expenses of the Issue;
  3. For General Corporate Purpose;
  4. To meet the long term working capital requirements of the Company.

Cords Cable Industries Limited IPO Information

»» Public Issue Open : January 21, 2008 to January 24, 2008
»» Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 35,00,000 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 125/- to Rs. 135/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing : BSE, NSE
»» Lead Manager: Collins Stewart Inga Private Limited
»» Registrar : Intime Spectrum Registry Ltd (Ph: +91-22-2596 0320 Email: swapann@intimespectrum.com)

J. Kumar Infraprojects Limited IPO





Incorporated in 1999, J. Kumar Infraprojects Limited is a leading civil engineering and infrastructure development Company with a primary focus on development of roads, flyovers, bridges, railway over bridges, irrigation projects, commercial and residential buildings, railway buildings, sports complexes, airport runways.

J. Kumar Infraprojects Limited's projests
  1. Transportation Engineering
    Rigid and flexible pavement roads, Flyovers, Bridges, Grade Separator, Railway Terminus / Stations, ROBs, RUBs, Runways for airports.
  2. Civil Construction
    Commercial buildings, Sports complexes, Swimming pools.
  3. Irrigaion Projects
    Earthern dams, Minor Irrigation tanks, Spillways, Canals, Aqueducts.

J. Kumar Infraprojects Limited most active in Mumbai, Pune, Aurangabad and Vidharbha region of Maharashtra.

    Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
  1. Purchase of Capital Equipments;
  2. Funding Working Capital Requirement;
  3. General Corporate Purposes;
  4. To meet the expenses of the public issue;
  5. To list the shares offered through this issue on BSE and NSE;

J. Kumar Infraprojects Limited IPO Information

»» Public Issue Open : January 18, 2008 to January 23, 2008
»» Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 65,00,000 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 110/- to Rs. 120/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing : BSE, NSE
»» Lead Manager:Anand Rathi Securities Limited
»» Registrar : Karvy Computershare Private Limited (Ph: +91-40-2343 1553 Email: jkumar.ipo@karvy.com)

Thursday, January 10, 2008

Porwal Auto Components Limited



Incorporated in 1992, Porwal Auto Components Limited manufactures and sells SG and CI castings for the automobile sector for Commercial Vehicles. The manufacturing plant of the company is situated at Pithampur 30 Kms. away from Indore.

Porwal Auto Components Limited manufacturers around 12 different categories of castings such as SG Iron & Grey Iron Hubs, Different carriers and cases, bracketory components, Transmission cases, T G cases, Housings & cover components, Brake Drums, Links components, Pulleys, Pump parts, Exhaust manifolds and Bends.

Porwal's client list includes companies like Eicher Motors Ltd, Man Force Trucks Pvt. Ltd, L & T Case Equipment Ltd, Force Motors Ltd, Eicher Tractors Ltd, Tata Autocomp Systems Ltd, Brakes India Ltd, Gajra Gears Ltd, Shakti Pumps India Ltd, Diesel Components Works.


    Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
  1. To augment the current ongoing expansion of its manufacturing capacity of the CI and SG castings from 6600 MT per annum to 27600 MT per annum;
  2. Setting up of one Wind Mill, having Power generation capacity of 1.5 MW which would be used for captive consumption;
  3. To meet the expenses of the Issue;
  4. To list the equity shares at the Bombay Stock Exchange;
  5. To meet the long term working capital requirements of the Company.

Porwal Auto Components Limited IPO Information

»» Public Issue Open : December 17, 2007 to December 20, 2007
»» Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 50,00,000 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 68/- to Rs. 75/- Per Equity Share
»» Market Lot: 80 Shares
»» Minimum Order Quantity: 80 Shares
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing : BSE, NSE
»» Lead Manager:Keynote Corporate Services Limited
»» Registrar : Intime Spectrum Registry Ltd (Ph: +91-22-2596 0320 Email: pacl-fpo@intimespectrum.com)

IPO Listing Date: Monday, January 14, 2008.

Precision Pipes and Profiles Company Ltd



Incorporated in 1978, Precision Pipes and Profiles Company Ltd (PPAP) is a leading manufacturer of high quality automotive sealing systems and exterior products in India.

PPAP has four state of the art manufacturing facilities, which are located in New Delhi and Noida. All the plants are TS 16949, ISO 14001 and OHSAS 18001 certified. Product range includes weather strips, trim door opening, windshield molding, roof molding, quarter window seal, A-pillar garnish, B-pillar garnish, skirt air damper, body side molding etc. Additionally, PPAP manufacture PVC based customized profiles for white goods and other industries.

PPAP's client list includes Maruti Udyog Ltd, Honda SIEL, General Motors and Toyota Kirloskar.They have a technical collaboration with Tokai Kogyo Co. Ltd (TKCL), Japan, to manufacture automobile products. In the white goods industry, PPAP supply customized profiles to Godrej, Voltas, Videocon and Carrier Refrigerators.



    Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
  1. To enhance In-house Tool Manufacturing and Designing Capability at our existing plant, B-206 A, Noida;
  2. To increase our Production Capacity at our existing plant, B-206 A, Noida;
  3. To set up a new plant for manufacturing of Auto Components at Surajpur, Greater Noida;
  4. To set up a new plant for “Electrical Outlet System” products (PDC) at Badarpur, Delhi;
  5. General Corporate Purpose;
  6. To meet the expenses of the public issue;
  7. To list the shares offered through this issue on BSE and NSE;
  8. To meet the long term working capital requirements of the Company.

Precision Pipes and Profiles Company Ltd IPO Information

»» Public Issue Open : December 17, 2007 to December 20, 2007
»» Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: [ ] Equity Shares aggregating Rs 75 Crore
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 140/- to Rs. 150/- Per Equity Share
»» Market Lot: 45 shares
»» Minimum Order Quantity: 45 shares
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing : BSE, NSE
»» Lead Manager:UTI Securities Ltd, NEXGEN Capitals Ltd
»» Registrar : Intime Spectrum Registry Ltd (Ph: +91-22-2596 0320 Email: ppap.ipo@intimespectrum.com)

IPO Listing Date: Wednesday, January 11, 2008.

Aries Agro Limited





Incorporated in 1969, Aries Agro Limited is in the business of manufacturing of micronutrients and other nutritional products for plants and animals.

Aries Agro Limited have wide range of products spread across 5 main categories namely, Multi-micro nutrient fertilizers, Chelated micro nutrient fertilizers, Specialty soluble fertilizers, Anti-bacterial products for agricultural use and Nutritional products for animals. These categories can be grouped under 3 segments namely, plant nutrients, insecticides and veterinary products.

Aries Agro Limited manufacturing facilities are located at Bangalore, Mumbai, Hyderabad and Kolkata. They have distribution network with 25 branches spread across all over India. Aries Agro Limited have been awarded with Quality Management System Standard ISO 9001:2000 from Kvalitet Veritas Quality Assurance.


    Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
  1. Setting up of new manufacturing units at Ahmedabad, Lucknow, Hyderabad and an additional unit in Maharashtra;
  2. To purchase Plant & Machinery at existing Factory in Mumbai;
  3. For Capital expenditure on Mobile marketing;
  4. Investment in Golden Harvest Middle East (FZC), UAE;
  5. To meet General Corporate Expenses;
  6. To meet the long term working capital requirements of the Company.

Aries Agro Limited IPO Information

»» Public Issue Open : December 14, 2007 to December 19, 2007
»» Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 45,00,000 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 120/- to Rs. 130/- Per Equity Share
»» Market Lot: 50 shares
»» Minimum Order Quantity: 50 Shares
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing : BSE, NSE
»» Lead Manager: SREI Capital Markets Ltd.
»» Registrar : Aarthi Consultants Private Limited (Ph: +91-40-27634445 Email: aries@aarthiconsultants.com)



IPO Listing Date: Wednesday, January 11, 2008

Sunday, January 6, 2008

Trend Trading

What is a Trend?

A trend is nothing but the general direction of the price of an asset or market in general.

A trend can apply to equities, bonds, commodities and any other market which is characterized by a long-term movement in price or volume.


What is Trend Trading?

  • Trend trading is one of the most effective and easy to use methods for making money in the market. Trend trading success depends on identifying and catching the trend after it has started and getting out of the trend as soon as possible after the trend reverses.
  • Trend Trading involves taking a position in the markets with a view of holding that position for weeks to months for larger than normal gains . Trend traders or investors generally trade the long term or secular trends and are not concerned with the day to day market volatility.

Advantages of Trend Trading?

  • Trend trading is the fastest and most risk free way to make money in the markets. In trend trading you can identify a change of trend in the market as early as possible, take your position, ride the trend and close your position shortly after the trend reverses.
  • With Trend Trading it is very possible to catch 60 to 80% of many intermediate term and long term market movements and thus create wealth for yourself and your family.
  • Trend Trading will help you take large profits out of the market, without having to watch the market or stocks on a minute-by-minute or even a day-by-day basis.
  • Whether you are a short-term day trader or a long-term investor, we believe incorporating Trend Trading into your overall trading plan is a must. There are two types of trades: "Income producing" trades and "Wealth-building" trades. Swing trading and day trading produce income, while Trend Trading Picks is designed to amass wealth. Add this wealth-building component to your trading today with our Trend Trading Picks Newsletter.

Trend Trading Picks Newsletter

  • The Trend Trading Picks Newsletter is a daily guide for position traders or investors. It is designed to take large profits out of the market, without having to watch the market or stocks on a minute-by-minute or even a day-by-day basis. It attempts to capture larger than normal gains by holding stock positions anywhere from several weeks to several months.
  • The Trend Trading Picks Newsletter precisely tracks and identifies the short, intermediate and long term trends of over 300 stocks and indices on a daily basis. Trend Trading Picks Newsletter can be used by delivery or position investors, traders and institutional investors who like to hold on to their position for weeks to months to ride the long term or secular trend.
  • The Trend Trading Picks Newsletter is your best value if you are interested in amassing wealth from the stock markets. You get more ideas for your money from books. But don't assume that just because someone famous has written a book, all the ideas in it actually work. One of the unknown reasons why so many traders lose is that most of what you read in books, what I call "the conventional wisdom of trading," doesn't work. You must be extremely skeptical about everything you read.

Only the Trend Trading Picks Daily Newsletter service has all of the components of a Profitable Trading or Investing solution that work together to automatically provide answers to the 3 Basic Questions faced by any investor or trader today:

  1. When (Market Timing).
  2. What (Asset Allocation).
  3. How Much to trade/invest (Money Management/Risk Control).

What is Swing Trading

What is Swing Trading?

Swing Trading takes advantage of brief price swings in strongly trending stocks to ride the momentum in the direction of the trend.


  • Swing trading combines the best of two worlds -- the slower pace of investing and the increased potential gains of day trading.

  • Swing traders hold stocks for days or weeks playing the general upward or downward trends.

  • Swing Trading is not high-speed day trading. Some people call it momentum investing, because you only hold positions that are making major moves.

  • By rolling your money over rapidly through short term gains you can quickly build up your equity.


How does Swing Trading work?

  • The basic strategy of Swing Trading is to jump into a strongly trending stock after its period of consolidation or correction is complete.
  • Strongly trending stocks often make a quick move after completing its correction which one can profit from .
  • One then sells the stock after 2 to 7 days for a 5-25% move. This process can be repeated over and over again. One can also play the short side by shorting stocks that fall through support levels.
  • In brief a Swing Trader's goal is to make money by capturing the quick moves that stocks make in their life span, and at the same time controlling their risk by proper money management techniques.

What are the advantages of Swing Trading?

  • Swing Trading combines the best of two worlds -- the slower pace of investing and the increased potential gains of day trading.
  • Swing Trading works well for part-time traders — especially those doing it while at work. While day traders typically have to stay glued to their computers for hours at a time, feverishly watching minute-to-minute changes in quotes, swing trading doesn't require that type of focus and dedication.
  • While Day Traders gamble on stocks popping or falling by fractions of points, Swing Traders try to ride "swings" in the market. Swing Traders buy fewer stocks and aim for bigger gains, they pay lower brokerage and, theoretically, have a better chance of earning larger gains.
  • With day trading, the only person getting rich is the broker. "Swing traders go for the meat of the move while a day trader just gets scraps." Furthermore, to swing trade, you don't need sophisticated computer hook-ups or lightning quick execution services and you don't have to play extremely volatile stocks.

We believe that the Swing Trading method is a better way for the individual investor to attain superior investment results through short-term trading in the stock market. This trading strategy has been carefully designed for the needs of the individual investor who does not have the resources that institutions and professional money managers may have.

With the TradersEdgeIndia.com daily Swing Trading Picks Newsletter signals there is no database to download and maintain; there are no charts or indicators to analyze; no expensive software to buy, install and program. Our daily guide conveniently provides accurate entry and exit signals delivered to you daily over the Internet. Nothing could be simpler!

How to Swing Trade?

To fully understand what swing trading really is, you first need to understand what up/down trends are.

Up Trend: Simply put an uptrend is a series of higher highs and higher lows. In other words, an uptrend is a series of successive rallies that extend though previous high points, interrupted by declines which terminate above the low point of the preceding sell-off. Often the high of the last "swing" in the trend will serve as support for the next low. These areas are circled.

Down Trend: Simply put a downtrend is a series of lower highs and lower lows. In other words, a downtrend is a series of successive declines that extend though previous low points, interrupted by increases which terminate below the high point of the preceding rally. Often the low of the last "swing" in the stock's trend will serve as resistance for the next high. These are circled.

Identifying Trends

Long Swing Trades: Once an uptrend has been identified a swing trader looks for buying opportunities in that stock. This can be identified when the stock experiences a minor pullback or correction within that uptrend. The swing trader then activates a trailing buy-stop technique. If prices break out above the trailing stop loss, you will be stopped out and long in the trade. If prices decline, your buy-stop will not be touched.

Short Swing Trades: Once an downtrend has been identified a swing trader looks for selling opportunities in that stock. This can be identified when the stock experiences a minor rally within that downtrend. The swing trader then activates a trailing sell-stop technique. If prices break down and fall below the trailing stop loss, you will be stopped out on the short side. If prices rally, your sell-stop will not be touched.