Credo Fund offloads nearly 13 lakh shares of Shilpi Cable

Published on Sat, Apr 09, 2011 at 10:23 |  Source : Moneycontrol.com

Updated at Sat, Apr 09, 2011 at 10:27  

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Credo Fund offloads nearly 13 lakh shares of Shilpi Cable

Shilpi Cable Technologies saw bulk selling on listing day, which resulted 30% fall in the stock to close at Rs 48.35 as against issue price of Rs 69 a share - especially after 20% spike up in initial trade on the National Stock Exchange.

Credo Fund has sold 12,83,176 equity shares in four bulk deals on exchanges in a price band of Rs 63.00-63.27 a share and booked the loss of Rs 75,25,827.24. Asian Markets Securities Pvt Ltd too sold 1,98,329 equity shares at Rs 81.23 a share, which managed to get a profit of Rs 24,25,563.67.

Promoters hold 74.88% stake in the company and 12.54% stake hold by FIIs, with the public holding of 12.58% as on April 2.

Total traded volume was more than 9 crore shares on both exchanges - more than 11 times compared to issue size of about 81 lakh shares.

Shilpi Cable manufactures RF cables to cater to the telecom sector and also trades in cable accessories.

Company received Rs 55.88 crore through this IPO, which are proposed to be utilised for capital expenditure on cable/ wire assembly shop, tools for 3G enabling and augmenting cable manufacturing capabilities; for long term working capital requirement for the proposed new businesses; and for investment in the subsidiary of the company, M/s Shilpi Cabletronics.

Client

Deal Type

Qty

Deal Price

A K G SECURITIES AND CONSULTANCY LTD

SELL

2674169

62.7

A K G SECURITIES AND CONSULTANCY LTD

BUY

2674169

62.65

A K G STOCK BROKERS PRIVATE LIMITED

BUY

1046193

62.32

A K G STOCK BROKERS PRIVATE LIMITED

SELL

1046193

62.54

A TO Z STOCK TRADE PRIVATE LIMITED

BUY

275615

58.13

A TO Z STOCK TRADE PRIVATE LIMITED

SELL

275459

58.06

ADROIT FINANCIAL SERVICES PRIVATE LIMITED

SELL

200852

58.49

ADROIT FINANCIAL SERVICES PRIVATE LIMITED

BUY

200852

59.52

AGRAWAL BHAGWAN DAS

SELL

1645928

63.83

AGRAWAL BHAGWAN DAS

BUY

1645928

63.95

AJAY ASSET MANAGEMENT PRIVATE LIMITED

BUY

276294

55.32

AJAY ASSET MANAGEMENT PRIVATE LIMITED

SELL

276294

55.98

ALIVE CONSULTANTS ALIVE

BUY

513905

62.47

ALIVE CONSULTANTS ALIVE

SELL

513905

62.5

APURVA RK HOTELS INDIA PRIVATE LIMITED

SELL

200000

60.5

APURVA RK HOTELS INDIA PRIVATE LIMITED

BUY

200000

63

ASIAN MARKETS SECURITIES PVT. LTD.

SELL

198329

81.23

ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD.

BUY

201801

61.99

ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD.

SELL

201801

61.9

BHAGWAN DAS DAU DAYAL AGRAWAL

SELL

976929

64.08

BHAGWAN DAS DAU DAYAL AGRAWAL

BUY

976929

63.82

BP FINTRADE PRIVATE LIMITED

BUY

360455

56.81

BP FINTRADE PRIVATE LIMITED

SELL

360455

56.89

CAPTAIN TRADERS PRIVATE LIMITED

BUY

281924

65.14

CAPTAIN TRADERS PRIVATE LIMITED

BUY

222626

66.16

CAPTAIN TRADERS PRIVATE LIMITED

SELL

281924

64.13

CAPTAIN TRADERS PRIVATE LIMITED

SELL

222626

64.51

CHANDARANA INTERMEDIARIES BROKERS P. LTD

SELL

193925

70.62

CHANDARANA INTERMEDIARIES BROKERS P. LTD

BUY

193925

71.51

CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED

BUY

215159

68.07

CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED

SELL

215159

68.87

CREDO FUND MANAGMENT LTD A/C CREDO INDIA THEMATIC FUND LTD

SELL

329719

63

CREDO FUND MGT LTD A/C CREDO I THEMATIC FUND LTD CREDO FU

SELL

329718

63.01

CREDO INDIA THEMATIC FUND LIMITED

SELL

294021

63.27

CREDO INDIA THEMATIC FUND LTD.

SELL

329718

63.01

CROSSEAS CAPITAL SERVICES PRIVATE LIMITED

SELL

5463269

63.38

CROSSEAS CAPITAL SERVICES PRIVATE LIMITED

BUY

5476202

62.13

CROSSEAS CAPITAL SERVICES PVT. LTD.

SELL

5517997

62.09

CROSSEAS CAPITAL SERVICES PVT. LTD.

BUY

5513514

63.25

D.C. SECURITIES SERVICES PVT. LTD

BUY

500000

63

D.C. SECURITIES SERVICES PVT. LTD

SELL

500000

51.48

DEEPAK JAGDISHRAM GUPTA

BUY

259000

55.76

DEEPAK JAGDISHRAM GUPTA

SELL

259000

59.16

DEEPAK POPATLAL VORA

BUY

389704

55.71

DEEPAK POPATLAL VORA

SELL

389504

56.13

DEEPAK SHANTILAL CHHEDA

SELL

280490

64.61

DEEPAK SHANTILAL CHHEDA

BUY

280490

64.38

DESAI SOLUTION & SERVICES NILESH G DESAI

SELL

176586

55.02

DESAI SOLUTION & SERVICES NILESH G DESAI

BUY

176586

56.04

DHAN STOCK & SHARE BROKERS PVT. LTD.

SELL

544329

61.29

DHAN STOCK & SHARE BROKERS PVT. LTD.

BUY

544329

62.86

DHAN STOCK AND SHARE BROKERS PVT LTD.

SELL

546067

62.98

DHAN STOCK AND SHARE BROKERS PVT LTD.

BUY

546067

61.23

DINESH MUNJAL(HUF)

BUY

320928

58.37

DINESH MUNJAL(HUF)

SELL

320928

58.55

DIPAL DEVENDRA SHAH

BUY

299568

66.56

DIPAL DEVENDRA SHAH

SELL

299568

67.44

EPOCH SYNTHETICS PRIVATE LIMITED

BUY

500000

62

EPOCH SYNTHETICS PRIVATE LIMITED

SELL

500000

50.4

EUREKA STOCK & SHARE BROKING SERVICES LTD

SELL

785845

61.77

EUREKA STOCK & SHARE BROKING SERVICES LTD

BUY

785845

61.62

GKN SECURITIES

BUY

603632

60.1

GKN SECURITIES

SELL

603532

59.14

GKN SECURITIES

BUY

606031

59.19

GKN SECURITIES

SELL

606031

60.18

HARBUX SINGH SIDHU

SELL

585177

56.28

HARBUX SINGH SIDHU

BUY

585177

56.21

JANAK NANDINI GUPTA

SELL

200000

63.34

JANAK NANDINI GUPTA

BUY

200000

77.5

JAYNEEL SECURITIES PRIVATE LIMITED

SELL

772299

49.7

JAYNEEL SECURITIES PRIVATE LIMITED

BUY

1168009

68.38

JAYNEEL SECURITIES PRIVATE LIMITED

BUY

772299

57.54

JAYNEEL SECURITIES PRIVATE LIMITED

SELL

1194008

63.52

JMP SECURITIES PVT LTD

BUY

497391

67.2

JMP SECURITIES PVT LTD

SELL

497091

66.14

KALASH SHARES & SECURITIES PRIVATE LIMITED

BUY

269642

64.17

KALASH SHARES & SECURITIES PRIVATE LIMITED

SELL

269642

63.92

KRISHNA KUMAR

SELL

197258

62.81

KRISHNA KUMAR

BUY

197258

62

KRISHNAKUMAR KAKUBHAI

SELL

272298

59.16

KRISHNAKUMAR KAKUBHAI

BUY

272298

73.04

M/S S M SHAH

SELL

241049

52.38

M/S S M SHAH

BUY

35009

71.85

MAHESH MEETAL

BUY

248978

62

MAHESH MEETAL

SELL

248978

62.86

MANAN P DALAL

BUY

165036

60.24

MANAN P DALAL

SELL

165036

60.05

MARWADI SHARES AND FINANCE LIMITED

BUY

309373

63.31

MARWADI SHARES AND FINANCE LIMITED

SELL

624326

63.84

MARWADI SHARES AND FINANCE LIMITED

SELL

309373

63.7

MARWADI SHARES AND FINANCE LIMITED

BUY

624326

63.98

MBL & COMPANY LTD.

SELL

165566

52.11

MBL & COMPANY LTD.

BUY

165566

52.2

MILLENNIUM STOCK BROKING PVT LTD

BUY

359112

67.77

MILLENNIUM STOCK BROKING PVT LTD

SELL

359112

68.84

MILLENNIUM STOCK BROKING PVT. LTD.

BUY

358104

68.7

MILLENNIUM STOCK BROKING PVT. LTD.

SELL

358104

67.63

NAMAN SECURITIES & FINANCE PVT. LTD

BUY

191886

65.06

NAMAN SECURITIES & FINANCE PVT. LTD

SELL

191886

65.07

NITIN BABAJI PALANDE

SELL

1718493

66.5

NITIN BABAJI PALANDE

BUY

300000

72.33

NITIN BABAJI PALANDE

BUY

1718493

68.58

NITIN BABAJI PALANDE

SELL

300000

59.79

PRIYESH A BHATT

SELL

1857714

69.03

PRIYESH A BHATT

BUY

1857714

69.88

PRIYESH ARVIND BHATT

SELL

416505

54.35

PRIYESH ARVIND BHATT

BUY

416505

69.28

R M SHARES TRADING PRIVATE LIMITED

BUY

799010

56.02

R M SHARES TRADING PRIVATE LIMITED

SELL

799010

56.36

R.M. SHARE TRADING PVT LTD

BUY

828036

56.23

R.M. SHARE TRADING PVT LTD

SELL

828036

55.97

RAJEEV KUMAR AGARWAL

BUY

320000

53.3

RAJEEV KUMAR AGARWAL

SELL

320000

57.05

RAJESH KUMAR GUPTA

SELL

300000

50.71

RAJESH KUMAR GUPTA

BUY

300000

77.17

S M SHAH

BUY

225591

48.36

SHETH BROTHERS

SELL

217933

62.98

SHETH BROTHERS

BUY

207933

60.75

SS CORPORATE SECURITIES LIMITED

SELL

162148

69.18

SS CORPORATE SECURITIES LIMITED

BUY

162148

72.54

SUMIT MUNDRA

BUY

204104

55.55

SUMIT MUNDRA

SELL

204104

55.44

TRANSGLOBAL SECURITIES LTD.

BUY

179129

59.8

TRANSGLOBAL SECURITIES LTD.

SELL

178429

59.66

VIJETA BROKING INDIA PRIVATE LIMITED

SELL

395502

62.01

VIJETA BROKING INDIA PRIVATE LIMITED

BUY

298168

60.72

VIJETA BROKING INDIA PRIVATE LIMITED

BUY

395502

62.53

VIJETA BROKING INDIA PRIVATE LIMITED

SELL

298168

61.55

VISHESH CAPITAL PVT LTD

SELL

279157

59.8

VISHESH CAPITAL PVT LTD

BUY

279157

59.97

YUGA STOCKS AND COMMODITIES PRIVATE LIMITED

SELL

493603

56.48

YUGA STOCKS AND COMMODITIES PRIVATE LIMITED

BUY

493603

55.87

  

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