17 November 2009 - Indian iron and steel producer JSW Steel Ltd (BOM:500228) has hired JM Financial Consultants, Kotak Mahindra Capital and ICICI Securities to handle the initial public offering (IPO) of its power division JSW Energy, managing director Sajjan Jindal said today.
The offering, slated for December 2009, will be also managed by IDFC-SSKI Ltd JP Morgan India, SBI Capital Markets, Morgan Stanley India and IDBI Capital Market Services.
The steel maker intends to sell some 15% of the company, valued at INR200bn (USD4.3bn/EUR2.9bn), and to get INR30bn from the transaction.
JSW Energy will channel INR21.3bn from the raised funds into the expansion of its operations, while another INR4.75bn will go for debt redemption....
wass up
Posted by :
aloka27
Hi dear borders
what is going on in this share, no movement and when moves it is in UC, operator manipulated or what
got stuck at 65 levels :(
and cant see it reaching in 6 months time
:(
please give some light
regards
alok aggarwal...
Encouraging results, isn`t it? Any way if stock market is gonna be driven by large volumes, jm is going to gain handsomely because primarily they are into business regarding the same viz. book-building, brokerage house etc. Therefore its going to go upwardly from here on. ...
NSE Announcements on JM Financial
Posted by :
MMB MessengerJm Financial Limited has informed the Exchange vide its letter dated October 29, 2009 that "The Compensation Committee of Directors of the Company at its meeting held today has decided to grant 1,500,000 options giving rise to issuance of equivalent number of equity shares of the face value of Re.1/- each to an eligible employee of the Company. The said options will be vested in the employee in three tranches (1/3rd each) commencing from the completion of third, fourth and fifth year from the date of grant of options viz., October 29, 2009. The options vested in the employees are exercisable within 7 years from the date of grant of the said options"....
BSE Announcements on JM Financial
Posted by :
MMB MessengerJM Financial Ltd has informed BSE that the Compensation Committee of Directors of the Company at its meeting held October 29, 2009, has decided to grant 1,500,000 options giving rise to issuance of equivalent number of equity shares of the face value of Re. 1/- each to an eligible employee of the Company. The said options will he vested in the employee in three tranches (1/3rd each) commencing from the completion of third, fourth and fifth year from the date of grant of options viz., October 29, 2009. The options vested in the employees are exercisable within 7 years from the date of grant of the said options. ...
BSE Announcements on JM Financial
Posted by :
MMB MessengerJM Financial Ltd has informed BSE regarding a Press Release dated October 29, 2009 titled "JM Financial announces unaudited financial results for the quarter and half year ended September 30, 2009."...
NSE Announcements on JM Financial
Posted by :
MMB MessengerJm Financial Limited has informed the Exchange regarding a press release dated October 29, 2009, titled "Jm Financial announces unaudited financial results for the quarter and half year ended September 30, 2009.". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
BSE Announcements on JM Financial
Posted by :
MMB MessengerJM Financial Ltd has informed BSE about the Financial Results for the Quarter ended September 30, 2009. ...
buy at this rate
Posted by :
aloka27
not possible for this share to jump this price in next 2-3 years even
ya it can reach 70 levels soon
regards
alok aggarwal...
buy at this rate
Posted by :
sansa1buy it now before it jumps above 100....
captain is back
Posted by :
celestineThe stock is down 5% as of now, though the sensex is up 125 points! any reason?...
captain is back
Posted by :
shonnBy virtue of AP high court decision mr. nimesh kampani is now free to captain the jm ship to its lost glory. Buy it before its too late....
buy at once.....
Posted by :
shonnFrom here on it is expected to zoom up, buy it to gain handsomely in LT & ST. ...
JM FINANCIAL and Goldman Sachs
Posted by :
sansa1On what basis, you are telling that JM ...
where the stock is heading
Posted by :
aloka27
hi frnds
any idea what is happening in this stock
something is cooking up inside
regards
alok aggarwal...



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