Prakash Steelage Ltd IPO

Incorporated in 1991, Prakash Steelage Limited (PSL) is an ISO 9001: 2008 and PED certified Company, engaged in the manufacturing of seamless & welded stainless steel Pipes, Tubes and U-tubes. Company carry their production through two state-of- the-art production units situated at Silvasa and Umbergaon (Gujarat) with total installed production capacity of 12200 MTPA.


PSL is also a “Govt. Recognized Star Export House” exporting to several MNC’s into more than 40 countries across the Globe. To meet the increasing demand, they propose a backward integration cum expansion of manufacturing facilities at their existing unit in Umbergaon, Gujrat.

Objects of the Issue:

The Objects of the Issue are:

1. Expansion of existing manufacturing facility at Umbergaon, Gujarat;
2. Meet the additional working capital requirement;
3. General corporate purpose;
4. Meet the issue expenses; and
5. List the equity shares of the company on the stock exchanges.

Issue Detail:

»» Issue Open: Aug 05, 2010 - Aug 09, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 6,250,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 62.50 - 68.75 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 100 - Rs. 110 Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE, NSE

Bajaj Corp Limited IPO

Incorporated in 2006, Bajaj Corp Ltd is one of India’s leading FMCG company with major brands in Hair care category. Bajaj Corp Ltd is part of Shishir Bajaj Group of companies (the "Bajaj Group"). Through its subsidiaries, the Bajaj Group operates businesses in the consumer goods, sugar, power generation and infrastructure development industries throughout India.

Bajaj Corp sells the Bajaj Almond Drops, Amla Shikakai, Brahmi Amla and Jasmine Hair Oil brands. Bajaj Almond Drops is the key product of the company. It also produces oral care products under the brand name Bajaj Black Tooth Powder.

Bajaj manufacture their products at two company-operated facilities in Parwanoo and Dehradun. Company also expect to open a third company-operated facility at Paonta Sahib. By completing this 3,500 square meter facility in Paonta Sahib, Bajaj expect their production capacity for light hair oil to increase from 39 million liters per annum to 74 million liters per annum. In addition, they also engage third-party manufacturers at Parwanoo, Himachal Pradesh for hair oils and Udaipur, Rajasthan to produce our oral care products. These third-party facilities have a combined installed capacity of 9 million liters per annum. As of December 31, 2009, the combined production capacity for all company and third-party operated production facilities was 83 million liters per annum.

Objects of the Issue:


The object of the issue are:
1. Promote future products;
2. Acquisitions and other strategic initiatives; and
3. General Corporate Purposes.

Issue Detail:

»» Issue Open: Aug 02, 2010 - Aug 05, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 4,500,000 Equity Shares of Rs. 5
»» Issue Size: Rs. 283.50 - 297.00 Crore
»» Face Value: Rs. 5 Per Equity Share
»» Issue Price: Rs. 630 - Rs. 660 Per Equity Share
»» Market Lot: 10 Shares
»» Minimum Order Quantity: 10 Shares
»» Listing At: BSE, NSE

Bajaj Corp Ltd IPO Grading / Rating

CRISIL has assigned an IPO Grade 4 to Bajaj Corp Ltd IPO. This means as per CRISIL company has 'Above Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for Bajaj Corp Ltd.

SKS Microfinance Ltd IPO

Incorporated in 2003, SKS Microfinance Ltd is the largest MFI in India in terms of total value of loans outstanding, number of borrowers, who they call members, and number of branches, according to the October 2009 CRISIL report titled India Top 50 Microfinance Institutions, or the CRISIL Report. SKS Microfinance is a non-banking finance company, or NBFC, registered with and regulated by the Reserve Bank of India, or RBI. They are engaged in providing microfinance services to individuals from poor segments of rural India.


Company's core business is providing small loans exclusively to poor women predominantly located in rural areas in India. These loans are provided to such members essentially for use in their small businesses or other income generating activities and not for personal consumption. These individuals often have no, or very limited, access to loans from other sources other than private money lenders that they believe typically charge very high rates of interest.

SKS uses the group lending model where poor women guarantee each other’s loans. Borrowers undergo financial literacy training and must pass a test before they are allowed to take out loans. SKS Microfinance is an effective tool that can help reduce poverty and spread economic opportunity by giving poor people access to financial services, such as credit and insurance. SKS distributes small loans that begin at Rs. 2,000 to Rs. 12,000 (about $44-$260) to poor women so they can start and expand simple businesses and increase their incomes. Their micro-enterprises range from raising cows and goats in order to sell their milk, to opening a village tea stall.
Objects of the Issue:


The object of the issue are:

1. To meet future capital requirements arising out of growth in business; and
2. To achieve the benefits of listing on the Stock Exchanges.

Issue Detail:
»» Issue Open: Jul 28, 2010 - Aug 02, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 16,791,579 Equity Shares of Rs. 10
»» Issue Size: Rs. 1,427.28 - 1,653.97 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 850 - Rs. 985 Per Equity Share
»» Market Lot: 7 Shares
»» Minimum Order Quantity: 7 Shares
»» Listing At: BSE, NSE

SKS Microfinance Ltd IPO Grading / Rating

CARE has assigned an IPO Grade 4 to SKS Microfinance Ltd IPO. This means as per CARE company has 'Above Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CARE IPO Grading Document for SKS Microfinance Ltd .

Midfield Industries Ltd IPO

Incorporated in 1991, Midfield Industries Ltd is a leading manufacturers of steel strapping systems and providers of packaging solutions. Midfield provide packaging consumables like high tensile steel strapping in various dimensions and strengths, Different Seals for different applications, Collated Nails & Corner boards being used for general and the end of line packaging of goods by varied industries. Currently, the company caters to companies across wide spectrum of industries like steel, aluminium, glass, copper, paper, automobile, white goods and refractory etc.


Steel Strappings of Midfield are of two grades, Supreme and Mega Supreme. Supreme Steel Strapping is made of low carbon, low manganese cold rolled steel. Mega Supreme Steel Strapping is made of medium carbon, high-manganese cold rolled steel. Supreme is designed for low duty packaging applications, where as, Mega Supreme is designed for heavy-duty applications.

Objects of the Issue:

The objects of the issue are:
1. Expansion of capacities at the existing plants;
2. Setting up new facilities;
3. Augmenting long term working capital requirement of the Company;
4. General Corporate Purposes; and
5. Achieve the benefits of listing on the Stock Exchange.

Issue Detail:
»» Issue Open: Jul 19, 2010 - Jul 21, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 4,500,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 56.70 - 59.85 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 126 - Rs. 133 Per Equity Share
»» Market Lot: 50 Shares
»» Minimum Order Quantity: 50 Shares
»» Listing At: BSE

Midfield Industries Ltd IPO Grading / Rating

Brickwork Ratings (BWR) has assigned an IPO Grade 2 to Midfield Industries Ltd IPO. This means as per Brickwork Ratings company has 'Below Average Fundamentals'. Brickwork Ratings assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.
Midfield Industries IPO Tags:

Midfield Industries IPO, Midfield Industries Ltd IPO, Midfield Industries Bidding, Midfield Industries IPO Allotment Status, Midfield Industries drhp and Midfield Industries Ltd IPO listing.

Hindustan Media Ventures Ltd IPO

Hindustan Media Ventures Ltd is one of the leading print media companies in India in terms of Readership (Source: IRS, R2 2009). They publish and print 'Hindustan', the third largest daily newspaper in India in terms of Readership with a Readership of 9.3 million readers (Source: IRS, R2 2009). 'Hindustan' has the largest Readership in key Hindi- speaking markets of Bihar and Jharkhand, with a strong and growing presence in Delhi NCR and the states of Uttar Pradesh and Uttarakhand. They are one of the fastest growing Hindi daily newspapers in India with a growth in Readership of 9.2% in the period between July 2006 and June 2009 (Source: IRS, R2 2007 to R2 2009).


'Hindustan' is presently printed at 16 locations in the states/regions of Uttar Pradesh, Bihar, Jharkhand, Uttarakhand, Punjab and Delhi NCR with a total installed rated capacity approximately 0.78 million copies per hour. These printing facilities are located at Agra, Allahabad, Bareilly, Bhagalpur, Dehradun, Delhi NCR, Dhanbad, Jamshedpur, Kanpur, Lucknow, Meerut, Mohali, Muzaffarpur, Patna, Ranchi and Varanasi. 'Hindustan' is published in four editions and 113 sub-editions. Hindustan Media Ventures Ltd also publish two Hindi magazines, 'Nandan', a children's magazine, and 'Kadambini', a general interest magazine. They also operate the website, www.livehindustan.com, which focuses on providing news in Hindi with regional content. Further, they have also recently forayed into event management and customized event solutions.

Company Promoters:
Hindustan Media Ventures Ltd is promoted by HT Media Ltd, a public limited company, is primarily engaged in the business of printing and publication of newspapers and periodicals which includes 'Hindustan Times' and 'Mint' and hosting websites including 'www.hindustantimes.com' and 'www.livemint.com'.

Objects of the Issue:
The object of the issue are:
1. Setting up new publishing units;
2. Upgrading existing plant and machinery;
3. Prepayment of loans; and
4. General corporate purposes.

Issue Detail:
»» Issue Open: Jul 05, 2010 - Jul 07, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 16,265,060 Equity Shares of Rs. 10
»» Issue Size: Rs. 270.00 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 162 - Rs. 175 Per Equity Share
»» Market Lot: 40 Shares
»» Minimum Order Quantity: 40 Shares
»» Listing At: BSE, NSE

Hindustan Media Ventures Ltd IPO Grading / Rating

CRISIL has assigned an IPO Grade 4 to Hindustan Media Ventures Ltd IPO. This means as per CRISIL company has 'Above Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Click here to download the CRISIL IPO Grading Document for Hindustan Media Ventures Ltd.

Hindustan Media Ventures IPO Tags:

Hindustan Media Ventures IPO, Hindustan Media IPO, Hindustan Media Ventures Bidding, Hindustan Media IPO Allotment Status, Hindustan Media Ventures drhp and HMVL listing.

Technofab Engineering Ltd IPO

Incorporated in 1971, Technofab Engineering Ltd (TEL) is engaged in the business of providing Engineering Procurement and Construction (EPC) services, and executing a wide range of Balance-of-Plant (BoP) and electro-mechanical projects on a complete turnkey basis. Technofab provide services to domestic and overseas markets across a  number of industrial and infrastructure sectors which includes power, oil & gas, water & waste water treatment and other industrial & infrastructure sectors.


Technofab Engineering provides EPC services for various BoP packages for power, oil & gas and other industrial and infrastructure undertakings. Company also provide EPC services to the main plant for water & waste water treatment projects. TEL has dealt with engineering consultants such as Development Consultants Private Limited (DCPL), Desein Private Limited, FITCHNER Consulting Engineers (India) Private Limited, Mecon, Tata Consulting Engineers, Engineers India Limited, M.N. Dastur, L&T, Sargent & Lundy, Uhde India Private Limited, Toyo Engineering India Limited, SAUR International, BCEOM France, etc. for its various EPC projects.

Objects of the Issue:
The Objects of the Issue are:
1. To meet long-term working capital requirements;
2. To finance the procurement of construction equipment;
3. To set up maintenance and storage facility for construction equipment;
4. For setting up of training centre for employees;
5. For general corporate purposes; and
6. To meet Issue expenses.

Issue Detail:
»» Issue Open: Jun 29, 2010 - Jul 02, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 2,990,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 71.76 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 230 - Rs. 240 Per Equity Share
»» Market Lot: 25 Shares
»» Minimum Order Quantity: 25 Shares
»» Listing At: BSE, NSE

Technofab Engineering Ltd IPO Grading / Rating

Fitch has assigned an IPO Grade 3 to Technofab Engineering Ltd IPO. This means as per Fitch company has 'Average Fundamentals'. Fitch assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the Fitch IPO Grading Document for Technofab Engineering Ltd.

Engineers India Ltd FPO

Incorporated in 1965, Engineers India Ltd is an engineering consultancy company providing design, engineering, procurement, construction and integrated project management services, focused on the oil and gas and petrochemicals industries in India and internationally. They also operate in a diverse set of other sectors including non-ferrous mining and metallurgy and infrastructure.


Engineers India have provided a range of engineering consultancy and project implementation services on more than 49 refinery projects, including 8 greenfield refinery projects, 7 petrochemical complexes, 35 oil and gas processing projects, 205 offshore platforms projects, 37 pipeline projects, 11 ports and storage and terminals projects, 8 fertilizer projects and 26 mining and metallurgy projects. In the infrastructure space, they have provided a range of engineering consultancy services for more than 26 projects, including for airports, highways, flyovers, bridges, water and sewer management, as well as energy-efficient "intelligent" buildings. They have also completed 16 turnkey projects, including refinery and petrochemicals projects and offshore platforms.

Issue Detail:
»» Issue Open: Jul 27, 2010 - Jul 30, 2010
»» Issue Type: 100% Book Built Issue FPO
»» Issue Size: 33,693,660 Equity Shares of Rs. 5
»» Issue Size: Rs. [.] Crore
»» Face Value: Rs. 5 Per Equity Share
»» Issue Price: Rs. - Rs. Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE, NSE

Engineers India FPO Tags:

Engineers India Ltd FPO, Engineers India FPO, Engineers India FPO Bidding, Engineers India FPO Allotment Status, Engineers India drhp and Engineers India Ltd FPO listing.

Aster Silicates Ltd IPO

Incorporated in 1996, Aster Silicates Ltd is engaged in the business of manufacturing of sodium silicate which includes food grade sodium silicate, special drilling grade silicate and detergent grade silicate. Aster Silicates produce sodium silicate both in glass and liquid form. Food grade sodium silicate is used in the manufacturing of Silica precipitate and Gel which finds its applications in toothpaste, salt, cosmetics, glucose powder, tyre & rubber and pesticides etc. Sodium silicate, (special drilling grade silicate) is also used in off-shore drilling and for reactivation of old oil and gas fields. The sodium silicate manufactured by Aster is also used in water-proofing, infoundries and for investment casting, paper, silica gel, textiles and detergents.



Currently, Aster operate from two units in Gujarat having aggregate installed capacity of 150 MT of glass/day. Unit I has three furnaces with an average combined capacity of 100 MT of glass/day. Unit II has a single furnace with a capacity of 50 mts of glass/day, which is also triple pass regenerative and recuperative end fired glass furnace.

For the proposed project, Company intends to install a special designed triple pass regenerative and recuperative Furnace of 100 MT capacity each capable of working on biogas with a facility of having duel fuel arrangement for working on other fuel like Natural Gas etc. The furnace shall be capable of being operated both manually and automatically, and shall also possess versatility for manufacturing Sodium Silicate in glass and liquid format. For the expansion of manufacturing facilities at Bharuch, company initially intend to use Natural gas from Gujarat Gas Company Limited as a source of fuel. However, gradually, they intend to shift the fuel source to Biogas, and have Natural gas as a standby arrangement.

Objects of the Issue:

The object of the issue are:
1. Expansion of Manufacturing facilities;
2. Additional Working Capital Requirements;
3. Public Issue expenses.

Issue Detail:
»» Issue Open: Jun 24, 2010 - Jun 28, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: Equity Shares of Rs. 10
»» Issue Size: Rs. 53.10 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 112 - Rs. 118 Per Equity Share
»» Market Lot: 50 Shares
»» Minimum Order Quantity: 50 Shares
»» Listing At: BSE, NSE

Parabolic Drugs Limited IPO

Incorporated in 1996, Parabolic Drugs Limited is in the business of manufacturing Active Pharmaceutical Ingredients (API's) and API intermediates. APIs, also known as 'bulk drugs' or 'bulk actives' are the principal ingredient used in making finished dosages in the form of capsules, tablets, liquid, or other forms of dosage, with the addition of other APIs or inactive ingredients.


Companies product portfolio comprises 42 APIs and 7 API intermediates which are marketed domestically and exported.

Company own and operate two manufacturing facilities at Derabassi, Punjab, and Panchkula, Haryana. Company is in the process of setting up a custom synthesis and research and development (R&D) center at Barwala, Haryana.

Company Promoters:
The Promoters of our Company are:

1. Mr. Pranav Gupta;
2. Mr. Vineet Gupta;
3. PNG Trading Private Limited; and
4. Parabolic Infrastructure Private Limited

Objects of the Issue:

The objects of the issue are:
1. Multi-purpose block III at Derabassi;
2. Sterile Cephalosporin Plant (Derabassi);
3. Establishment of Chachrauli Plant;
4. Custom Synthesis & Manu. Site II at IT Park (Panchkula);
5. Repayment / Prepayment of identified loan facility;
6. General corporate purposes.

Issue Detail:
»» Issue Open: Jun 14, 2010 - Jun 17, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 26,666,667 Equity Shares of Rs. 10
»» Issue Size: Rs. 200.00 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 75 - Rs. 85 Per Equity Share
»» Market Lot: 80 Shares
»» Minimum Order Quantity: 80 Shares
»» Listing At: BSE, NSE

Standard Chartered PLC IDRS

Standard Chartered PLC was incorporated in 1969 through a merger of The Chartered Bank and The Standard Bank Limited. Standard Chartered PLC, Listed on both the London Stock Exchange and the Hong Kong Stock Exchange, ranks among the top 20 companies in the FTSE-100 by market capitalisation. The London-headquartered Group has operated for over 150 years in some of the world's most dynamic markets, leading the way in Asia, Africa and the Middle East. Its income and profits have more than doubled over the last few years primarily as a result of organic growth, supplemented by acquisitions.

From the early 1990s, Standard Chartered has focused on developing its strong franchises in Asia, Africa and the Middle East. It has concentrated on consumer, corporate and institutional banking and on the provision of treasury services - areas in which the Group had particular strength and expertise. The company celebrated its 150th anniversary in India in April 2008, having opened its first branch in 1858 in Kolkata.

Issue Detail:
»» Issue Open: May 25, 2010 - May 28, 2010
»» Issue Type: 100% Book Built Issue IDRS
»» Issue Size: 240,000,000 Equity Shares of Rs.
»» Issue Size: Rs. 2,496.00 Crore
»» Face Value: Rs. Per Equity Share
»» Issue Price: Rs. 100 - Rs. 115 Per Equity Share
»» Market Lot: 200 Shares
»» Minimum Order Quantity: 200 Shares
»» Listing At: BSE, NSE