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IPO, New Issues
Tracked by: 751 Boarders
i am new to the stock market...... you help evryone here .......kindly suggest me a stock that you bought recently........
In reply to:
Its time to prepare shopping list guys !
Posted by :
librankur
Dear sachin,
The stock in question is JPT Sec.
:-) 
Tracked by: 0 Boarder
The stock market woes for India\'s second richest person Anil Ambani, it seems, are unending with Reliance Infratel scrapping its estimated Rs 6,000-crore IPO plans for now - amid huge secondary market loss for the group companies.
Reliance Infratel, the tower business arm of the group\'s telecom entity Reliance Communications, has allowed the regulatory approval to lapse without coming out with an IPO and is unlikely to revive the process soon.
A company spokesperson did not take queries on lapse of the approval period and on whether the company was looking to revive the process by filing a fresh draft IPO prospectus with market regulator Sebi.
On the secondary market, Reliance Infrastructure, formerly Reliance Energy, has logged the biggest loss among the top 30 blue-chip companies in the country in the seven-month downslide at the bourses and the group as whole has lost market value worth over Rs 2,00,000 crore in the same period.
The public offer, which was planned, had got a regulatory go-ahead with Sebi\'s issuance of observations on the draft red herring prospectus (DRHP) on May 12. As per the norms, it was required to close the IPO within 90 days of issuance of Sebi\'s observation, the period that ended on August 11.
The group had announced the IPO for telecom tower firm Reliance Infratel, which was estimated to raise close to Rs 6,000 crore in February after a stupendous response to Reliance Power initial offer, which raised over Rs 10,000 crore and was the the group\'s first ever public issue.
The record response not withstanding, Reliance Power met with a dismal response at the time of its listing, which happened days within the Reliance Infratel IPO being announced.
Reliance Power slipped below its public issue price on its debut trade although it was subscribed by more than 70 times. It is currently trading with a heavy discount. There has also been no progress on the announced plans of a global listing for Reliance Globalcom, a holding company for the group\'s overseas telecom assets. The plan was made public months ago.
Earlier on July 31 at a conference call to discuss the group\'s telecom entity Reliance Communications\' first quarter results, ADAG chairman Anil Ambani said to analysts that IPO would come out at an appropriate time. On the secondary market also the group has lost a whopping amount of over Rs 2 trillion worth valuation since the current downslide began in early January, making it probably the biggest loser among all the corporate houses.
During the same time, Reliance Infrastructure, a group company, has seen its value plummeting by over 60% - the biggest among all the 30 Sensex entities and over double the average fall of less than 30%.
\"The volatility in global and Indian capital markets is what we are watching. A decision would be taken at an appropriate time... When we find an appropriate time, I am sure that we will proceed both with Globalcom and Reliance Infratel.\"
Reliance Infratel builds, owns and operates telecom towers and related assets at designated sites.
TOI-...
Tracked by: 0 Boarder
The market is not stable,it may take 6 more months to see investors' confidence in the market to come back ...
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Mumbai, Aug. 15 Reliance Infratel, the telecom infrastructure unit of Reliance Communications, is learnt to have deferred its plans for an initial public offering (IPO) because of the current volatility in the stock markets.
The outer deadline for completion of its IPO was August 11. A company has to complete the IPO process within 90 days after obtaining SEBI’s observations on its draft red herring prospectus.
Reliance Infratel had got the regulator’s approval for its proposed IPO on May 12. The prospectus was filed with SEBI on February 4.
The deadline, after which the regulator’s approval lapses, has passed without any announcement of an initial public offering by the company.
A spokesperson for Reliance Communications declined to comment on this development. It could not be ascertained whether the company would revive its IPO plans in the immediate future.
This is the third major IPO that is being deferred in recent times after that of commodity exchange MCX and mutual fund company UTI AMC. This clearly reflects the falling level of confidence among corporations and investors in the Indian financial markets, analysts said.
Moreover, all the Anil Dhirubhai Ambani Group stocks have been losing ground on the bourses. Analysts feel that the poor performance of the Reliance Power scrip, post its listing, could have also prompted the company to go cautious with the Infratel IPO. On the very day the RPower issue was listed, the scrip slipped below its offer price of Rs 450.
Reliance Infratel intended to issue 8.91 crore shares constituting 10.05 per cent of the post-issue paid-up equity capital of the company. Through this IPO, the company was expected to mop up about Rs 6,000 crore from the capital markets.
The Hindu...
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Those who have applied for Austral issue is likely to get full allotment as the retail portion is not fully subscribed. Investors will benefit from premium listing....
In reply to:
invest in austral coke ipo
Posted by :
sanjhot
Austral has robust expansion plans in the coming years with production capacity to increase to more than 525,000 MTPA by end of FY’09. It has plans to set up a 8MW power plant to generate power using the waste heat gases emitted from the coke manufacturing unit and to acquire coal mines across the globe.
Investment in Austral provides an opportunity to partner with an emerging player in the high growth industry of LAM Coke, which has grown at a CAGR of 12% from 409MM tons in CY’04 to over 582MM tons in CY’08 and is expected to grow by more than 15% for next 3-4 years. Austral which has a production capacity of 375,000 MTPA is aggressively working on to take it to 525,000 by end of FY’09. With its robust business model it has witnessed revenue CAGR of over 80% for FY’05 to FY’08 with EBITDA margins improving from 7.6% in FY’05 to 32.8% in FY’08. With EPS CAGR of more than 150%, Austral’s IPO provides value investing opportunity for the investors
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Hi,
Friday August 15, 12:54 PM
Reliance Infratel's Rs 6,000-cr IPO scrapped
The stock market woes for India's second richest person Anil Ambani, it seems, are unending with Reliance Infratel scrapping its estimated Rs 6,000-crore IPO plans for now -- amid huge secondary market loss for the group companies. ...
Tracked by: 751 Boarders
hey ankur
happy independence day to you
regards
preeti...
In reply to:
Its time to prepare shopping list guys !
Posted by : librankur
Dear Sandeep,
The streets are piled with examples , i guess you arent looking in the right direction.
Stocks have risen to levels where they are again beginning to look expensive and you are still waiting.
Do something.
:-)
Tracked by: 751 Boarders
ankur sir will you tell me how you knew that the markets would fall you had said that a last week and now fall seen...
In reply to:
Its time to prepare shopping list guys !
Posted by : bh2008
thanks for ur advice ankur... its amazing to see how u are able to give advice to everyone on whatever questions they have regarding financial investment... i am sure lot of people will be getting a lot of help from what u do here... thanks bhavna.
Tracked by: 751 Boarders
thanks you are right
i today saw a program on cnbc they said property in uk would go down till end of dec 2010
you are a kind soul helping unknown people god bless you...
In reply to:
Its time to prepare shopping list guys !
Posted by : librankur
Hello Preeti,
In that case , what makes you think , that i would be interested in your PF details.
I may be down but i am never out of action.
:-)
Tracked by: 0 Boarder
Austral has robust expansion plans in the coming years with production capacity to increase to more than 525,000 MTPA by end of FY’09. It has plans to set up a 8MW power plant to generate power using the waste heat gases emitted from the coke manufacturing unit and to acquire coal mines across the globe.
Investment in Austral provides an opportunity to partner with an emerging player in the high growth industry of LAM Coke, which has grown at a CAGR of 12% from 409MM tons in CY’04 to over 582MM tons in CY’08 and is expected to grow by more than 15% for next 3-4 years. Austral which has a production capacity of 375,000 MTPA is aggressively working on to take it to 525,000 by end of FY’09. With its robust business model it has witnessed revenue CAGR of over 80% for FY’05 to FY’08 with EBITDA margins improving from 7.6% in FY’05 to 32.8% in FY’08. With EPS CAGR of more than 150%, Austral’s IPO provides value investing opportunity for the investors...
In reply to:
invest in austral coke ipo
Posted by : ravshree
the valuations of company seems to be good.experts are positive about this stock.qib have shown grt interest in it too.must invest.
Tracked by: 1 Boarder
Austral has robust expansion plans in the coming years with production capacity to increase to more than 525,000 MTPA by end of FY’09. It has plans to set up a 8MW power plant to generate power using the waste heat gases emitted from the coke manufacturing unit and to acquire coal mines across the globe...
In reply to:
Austral Coke IPO subscribed fully
Posted by : MMB Messenger
Initial public offering of Austral Coke and Projects has received bids for 84,05,276 shares as against issue size of 72,60,000 shares. It got subscribed 1.16 times.
Tracked by: 1 Boarder
investors should remain positive about this stock....
In reply to:
Austral Coke IPO subscribed fully
Posted by : MMB Messenger
Initial public offering of Austral Coke and Projects has received bids for 84,05,276 shares as against issue size of 72,60,000 shares. It got subscribed 1.16 times.
Tracked by: 0 Boarder
bids have been withdrawn by QIB's. On the second day, QIB's subscription was more than 2.2 times (in their category) nd as of yesterday that subscription level came dwn to 1.2 times (in their category). Today by 2pm the total bids was 1.45 times the issue size which at 3pm was reduced to 1.40, which goes onto show that bids are being reduced or taken back from this issue. Promoters are fraudulent. I can only say one thing to d investors: Caveat Emptor!!!...
In reply to:
invest in austral coke ipo
Posted by : ravshree
the valuations of company seems to be good.experts are positive about this stock.qib have shown grt interest in it too.must invest.
Tracked by: 1 Boarder
bids have been withdrawn by QIB's. On the second day, QIB's subscription was more than 2.2 times (in their category) nd as of yesterday that subscription level came dwn to 1.2 times (in their category). Today by 2pm the total bids was 1.45 times the issue size which at 3pm was reduced to 1.40, which goes onto show that bids are being reduced or taken back from this issue. Promoters are fraudulent. I can only say one thing to d investors: Caveat Emptor!...
In reply to:
Austral Coke IPO subscribed fully
Posted by : MMB Messenger
Initial public offering of Austral Coke and Projects has received bids for 84,05,276 shares as against issue size of 72,60,000 shares. It got subscribed 1.16 times.
Tracked by: 0 Boarder
bids have been withdrawn by QIB's. On the second day, QIB's subscription was more than 2.2 times (in their category) nd as of yesterday that subscription level came dwn to 1.2 times (in their category). Today by 2pm the total bids was 1.45 times the issue size which at 3pm was reduced to 1.40, which goes onto show that bids are being reduced or taken back from this issue. Promoters are fraudulent. I can only say one thing to d investors: Caveat Emptor!!...
In reply to:
invest in austral coke ipo
Posted by : marverik
the valuations of company seems to be good.experts are positive about this stock.qib have shown grt interest in it too.must invest.
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