The IPO market has perked up once again after its prolonged lull with the successful issue of Mumbai-based Tara Jewels. The issue, which closed today, has oversubscribed 1.97 times, as per data available on the National Stock Exchange. However, there are still miles to go for the IPO market to take off, opine market experts. Click on the next slide to the IPOs slated for a December release.
Veto Switchgears Issue Size: Rs 25 cr Timeline: 3rd December 2012 Companys' Profile in brief: Manufactures and sells wires, cables and electrical accessories, has a diversified product basket, which includes around 20 product categories.
Bharti Infratel Issue Size: Rs 5000 cr Tentative Timeline:11th December 2012 Company Profile: One of the largest tower infrastructure providers in India, based on the number of towers that Bharti Infratel owns and operates.
PC Jewelers Issue Size: Rs 575 cr Tentative Timeline: December 1st week Company Profile: Delhi-based jeweler, which currently has 20 stores, the brand has many showrooms in 8 states of India.
CARE Issue Size: Rs 500 - 700 cr Tentative Timeline: 4th week of December Company profile: Rating Agency
IFCI Factors Issue Size: Rs 175 - 200 cr Tentative Timeline: December-January Company Profile: Is a leading financial institution of India. Products and services include Domestics sales factoring, purchase bill discounting, export sales bill discounting and corporate loan.
V Mart Issue Size: Rs150 - 200 cr Tentative Timeline: Dec Company Profile: Chain of “Value Retail” departmental store located more than 59 stores across 51 cities including metro cities with a total area of more than 4 lac sq.ft. Data Courtesy: Mehta Equities Ltd