As of 31st July 2009 6pm
Total Issue Size 248794681
Total Bids Received 5372236220
Total Bids Received at Cut-off Price 232503635
No. of times issue is subscribed 21.59
Friday, July 31, 2009
Primary Market : Adani Power IPO and NHPC IPO
Primary Market is buzzing again with large IPOs back after a long slumber.
Adani Power IPO closed today with 18.23 times subscribed till yesterday 5:00 pm
IPO price band of 90-100 is hoping to give premium of 10-12 rupees.
QIBs have shown strong interest with 12 times subscription. Retail participation was only .55 times but latest day will be coming after sometime.
NHPC has price band of 30-36 and grey market premium is ging around 10-12 so good money can be made here. Lot size is 175 shares.
Both the IPOs are Grade 3 ratings
Monday, April 6, 2009
Satyam ADR UP!!
Satyam computers is up around 60% today in the US markets. Tomorrow indian market will be closed on account of Mahavir Jayanti so traders in india wont be able to see this upswing in local market. If the rally continues tomorrow then probably on wednesday Satyam computer could see a big upswing.
Wilbur Ross and Larsen & Toubro (L&T) might be planning to jointly bid for Satyam. Satyam is going to decide stake sale on 13th April.
As the date of stake sale is nearing the stock is showing fresh interest after sagging for last fews days.
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