IPO ANALYSIS: RCI INDUSTRIES & TECHNOLOGIES LIMITED

ISSUE OPENS / CLOSES ON	30-12 -2013 /06-01-2014
PRICE	RS 40, INCLUDING SHARE PREMIUM OF RS 30
ISSUE SIZE	28,80,000 SHARES
FACE VALUE	RS10
PROMOTER	RAJEEV GUPTA
BRLM	SARTHI CAPITAL ADVISORS
LISTING	BSE- SME
REGISTRARS	RCMC SHARE REGISTRY

NILEKANI TO CONTEST FROM BANGALORE SOUTH

Infosys co-founder Nilekani will contest the 2014 LS election from prestigious Bangalore south constituency. This was disclosed by KPCC president G Parameshwara yesterday.  According to our assessment and prediction he will win the LS seat by handsome margin. 

OFS ANALYSIS: POWER GRID CORPORATION LIMITED – INVEST.

ISSUE OPENS / CLOSES ON	03-12-2013/ 06-12-2013
OFFER SIZE	FRESH ISSUE 601864295 EQUITY SHARES, OFFER FOR SALE OF 784053309 EQUITY SHARES
FACE VALUE	RS 10
PRICE BAND	RS 85-90
RETAIL DISCOUNT	RS 4.50
PROMOTER	GOVT OF INDIA
BRLMS	SBI CAP, CITI GROUP,ICICI SEC,KOTAK MAHINDRA CAPITAL,UBS SECURITIES
REGISTRAR	KARVY
NAV AS ON SEP2013	RS 61.51

RBI TO ALLOW 74 PERCENT FDI IN CREDIT INFORMATION COMPANIES

Reserve Bank may consider allowing higher FDI limits to entities which have an established track record of running a credit information bureau in a well-regulated environment.

The limit can be allowed to be increased up to 49 per cent if their ownership is not well-diversified and up to 74 per cent if the ownership is well-diversified.