FORTHCOMING IPO: CL EDUCATE LIMITED

PROMOTERS	Satya Narayanan R, Gautam Puri, Nikhil Mahajan, R. Shiva Kumar, Sreenivasan and R Sujit Bhattacharyya
ISSUE SIZE	-
FACE VALUE	RS 10
BUSINESS	PROVIDER OF EDUCATIONAL PRODUCTS AND SERVICES
LISTING	BSE / NSE
BRLM	KOTAK MAHINDRA CAPITAL COMPANY
REGISTRAR	KARVY

FORTHCOMING IPO : SHREE PUSHKAR CHEMICALS & FERTILISERS LIMITED

PROMOTERS	PUNIT MAKHARIA AND GAUTAM MAKHARIA
ISSUE SIZE	RS 75 CR
FACE VALUE	RS 10
BUSINESS	Manufacturers of dye intermediates
LISTING	BSE / NSE
BRLM	KEY NOTE CORPORATE SERVICES
REGISTRAR	BIG SHARE

FORTHCOMING IPO: MEP INFRASTRUCTURE DEVELOPERS LIMITED

PROMOTERS	Dattatray P. Mhaiskar, Jayant D. Mhaiskar and Ideal Toll & Infrastructure Private Limited
ISSUE SIZE	-
FACE VALUE	RS 10
BUSINESS	TOLL OPERATOR
LISTING	BSE / NSE
BRLM	IDFC SECURITIES, INGA CAPITAL AND IDBI CAPITAL
REGISTRAR	LINK INTIME

RIGHTS ISSUE MONITOR : WINTAC LIMITED

PROMOTER / S	GAVIS PHARMA LLC, USA
ISSUE SIZE	RS 35 CR
FACE VALUE	RS 10
LISTING	BSE
BRLM	ARIHANT CAPITAL MARKETS
REGISTRAR	CAN BANK COMPUTER SERVICES

RIL, ULTRA TECH AND HERO MOTOCORP TO SIZZLE TOMORROW

RIL, Ultra Tech and Hero MotoCorp shares will sizzle on 01-10-2014.

FIIs SELLING PULLS DOWN INDICES

Selling by FIIs in cash market has pulled down the benchmark indices by almost a percentage. NIFTY, intraday was up more than 60 points, before FIIs pressed the sell button. They have net sold for Rs 486 cr, where as DIIs have net bought for Rs 201 crores. Metal, infra, bank and cement sector stocks were hard hit.  Sunpharma, ZEE Entertainment, BPCL, Maruti, HDFC, Cipla, Baja auto and RIL closed in green and were responsible for NIFTY to close in green. NIFTY closed at 7965, up 6 points.

HERO MOTOCORP IN TOP GEAR

Hero MotoCorp has dispatched more than 6 units in Sept 2014, whopping 30% jump compared to same month last year. The stock closed at Rs 2842, down Rs 21 in today's trade.

NIFTY : TOP GAINERS

Symbol	LTP	% chng	Volume
ZEEL BPCL SUNPHARMA HDFC MARUTI	314.00 657.85 856.00 1,053.50 3,060.60	3.49 3.22 2.42 2.17 1.74	25,64,875 18,31,275 40,52,670 29,17,755 2,93,251

RBI KEEPS REPO, CRR, SLR RATES UNCHANGED

RBI has kept the repo, CRR, SLR rates unchanged in its policy review meeting today. 

BSE NEWS : CHANGE IN CIRCUIT FILTER

BSE has revised the circuit filters from their existing levels in the below mentioned scrip/s with effect from September 30, 2014.

Sr. No.	Scrip Code	Scrip Name	Circuit Filter % Revised to
1	500033	Force Motors Ltd	10
2	508998	Sterling International Enterprises Ltd	10
3	511601	Yash Management & Satellite Ltd	5
4	533330	Acropetal Technologies Ltd	5
5	534597	Indiabulls Infrastructure and Power Ltd	5
6	532404	Saven Technologies Ltd	2
7	532034	Safal Herbs Ltd	2

IPO LISTING NEWS : SHEMAROO TO LIST TOMORROW

Shemaroo Entertainment's shares will be listed with effective from Wednesday, October 01, 2014. The equity shares will be traded on the Exchanges in the list of ‘T’ Group of Securities. The company issued shares at Rs 170, including premium of Rs 160.

ASIA SUPER TEN STOCKS : HDFC BANK INCLUDED

HSBC has added HDFC Bank to its 'Asia Super Ten' stocks' portfolio, and has removed ICICI Bank from the marquee list. 

The brokerage house says that HDFC Bank's significant underperformance against the BSE Bankex year-to-date, which is about 8%, is an entry opportunity for investors to enter the stock. 

ACCENTURE POSTS MARGINAL INCREASE IN REVENUE

Accenture has posted a 9.7% rise in quarterly net revenue

The company’s net income rose to $760.2 million in the fourth quarter ended 31 August from $727.3 million, a year earlier. Net revenue rose to $7.78 billion from $7.09 billion. 

IPO NEWS : ' WAGH BAKRI' TO EXPAND WINGS

Gujarat Tea Processors and Packers Ltd  which owns brand Wagh Bakri,  is plan to list its shares on the exchanges.

Funds are intended to be used for expansion and acquisition.

APCO : MAJORITY U S EXECUTIVES WARY OF DOING BUSINESS IN INDIA

According to research firm APCO more than half of executives in the US are less likely to do business in India because of infrastructure issues.

The study was conducted by APCO, a global communication, stakeholder engagement and business strategy firm, in close association with the Alliance for US India Business.

ADANI, HINDALCO AND ESSAR SEZ CANCELLED

Government has cancelled approvals of special economic zones allocated to  Hindalco Industries, Essar and Adani, among others,  as no satisfactory progress was made to execute the projects. 

RIGHTS ISSUE MONITOR : MIRC ELECTRONICS LIMITED

 ISSUE DETAILS

ISSUE OPENS / CLOSES ON	29-09 / 07-10-2014
PROMOTER / S	Gulu Lalchand Mirchandani and  Vijay Jaikrishan Mansukhani
ISSUE SIZE	ISSUE OF 5,45,19,876 EQUITY SHARES  / 32.71 CR
FACE VALUE	RS  1
ISSUE PRICE	RS  6
OBJECTS OF THE OFFER	REDUCTION OF WORKING CAPITAL / GENERAL CORP PURPOSE
LISTING	BSE / NSE
BRLM	INGA CAPITAL
REGISTRAR	LINK INTIME

IPO ANALYSIS: ADCC INFOCAD LIMITED - INVEST

 ISSUE DETAILS

ISSUE OPENS / CLOSES ON	30-09 / 08-10-2014
PROMOTER / S	Sagar Meghe,  Sameer Meghe, SMG Hospitals Private Limited and Raghav Infradevelopers & Builders Private Limited
ISSUE SIZE	PUBLIC ISSUE OF 24,00,000 EQUITY SHARES  / RS 960  LACS
FACE VALUE	RS 10
ISSUE PRICE	RS 40
BUSINESS	Professional Education, Infrastructure, Information Technology, Textile, Power, Media & Entertainment
LISTING	BSE - SME
BRLM	HEM SECURITIES LIMITED
REGISTRAR	BIG SHARE

NIFTY : TOP GAINERS

Symbol	LTP	% chng	Volume
SUN PHARMA TCS GAIL POWERGRID HINDALCO	836.00 2,774.00 454.15 140.00 160.50	3.64 3.35 2.41 2.19 2.07	38,73,334 10,44,767 8,81,284 45,41,229 91,98,699

FORTHCOMING IPO : MUSIC BROADCAST LIMITED

Music Broadcast Limited,  the promoter of private FM station Radio City 91.1 FM, is considering launching an initial public offering in the first quarter of 2015. The IPO  proceeds will be used to run radio stations across the country, including those acquired in the third phase of radio auctions.

BUSINESS LINE RECOMMENDS BUYING HINDALCO

Business Line recommends buying Hindalco with a target of Rs 225. BL says that the de-allocation of coal blocks, concerns over bauxite mine closure and weak first quarter results have dragged Hindalco’s stock. 

Healthy prospects of its international aluminium and domestic copper businesses will help support earnings. Also, uncertainty on fuel and ore supply in its domestic aluminium segment can ease in the next few quarters.

At its current price of ₹157, the stock trades at 13.5 times its 2013-14 earnings. This is at a discount to its global peers Alcoa and Norsk Hydro, which are trading at multiples of 23-35 times their estimated 2014 earnings.

WORLD CSR CONGRESS : TATA STEEL WINS CSR AWARD

Tata Steel in Odisha (Sukinda Chromite Mine)  has bagged the Asian Corporate Social Responsibility Leadership Award for Community Development.
 
The award was presented by World CSR Congress at Dubai recently.

KFA : CALCUTTA H C STAYS WILFUL DEFAULTER STATUS.

KFA has obtained a stay order from the Calcutta High Court against a decision of the United Bank of India calling the airline a wilful defaulter. 

IIPM MISLEADING STUDENTS : DELHI H C

Delhi high court on has censured the Indian Institute of Planning and Management (IIPM) and its dean Arindam Chaudhuri for misleading students into believing that it possessed the approvals to offer Master of Business Administration (MBA) and Bachelor of Business Administration (BBA) programmes. A PIL was filed by B. Mahesh Sharma, who alleged that IIPM was misleading, cheating and exploiting students by making them believe they will acquire an MBA or BBA qualification after studying at the institute.

The court observed  that it was a settled position that ‘no institution should run MBA/Management course, without the approval of the AICTE’. IIPM, lacking such recognition, was not entitled to run or advertise such management courses.

IPO NEWS : ROCKET INTERNET TO LIST NEXT WEEK

Germany's Rocket Internet which raised $1.90 billions through an IPO last week is likely to list its shares next week on Frankfurt Stock Exchange.

S&P RAISES RATINGS FOR 9 INDIAN BANKS

S&P has raised the ratings for 9 Indian banks and two financial institutions from negative outlook to stable.

They are - Axis Bank Bank of India, HDFC Bank, ICICI Bank, IDBI Bank, Indian Bank, Kotak Mahindra Bank, State Bank of India and Union Bank of India.

The PSU banks which failed the upgradation test include BOB, PNB, Canara, United Bank, UCO and Corporation Bank, among others.

Two financial institutions which have been upgraded are - Kotak Mahindra Prime and IDFC.

S&P maintains negative out look on Syndicate Bank and IOB.

FORTHCOMING IPO : PNC INFRATECH LIMITED

PROMOTER / S	Pradeep Kumar Jain,  Naveen Kumar Jain,  Chakresh Kumar Jain,  Yogesh Kumar Jain, PNC Project Private Limited, PNC Cold Storage Private Limited and Shri Parasnath Infrastructures Private Limited
ISSUE SIZE	12,921,708 EQUITY SHARES
FACE VALUE	RS 10
ISSUE PRICE	-
BUSINESS	Infrastructure construction, development and management company
LISTING	BSE / NSE
BRLM	ICICI Securities, IDFC Securities
REGISTRAR	LINK INTIME

FORTHCOMING IPO : UNIPARTS INDIA LIMITED

PROMOTER / S	GURDEEP SONI AND PARAMJIT SINGH SONI
ISSUE SIZE	PUBLIC ISSUE OF UP TO 13,040,000 EQUITY SHARES
FACE VALUE	RS 10
ISSUE PRICE	-
BUSINESS	Manufacturers and suppliers of engineering systems, solutions, assemblies and components.
LISTING	BSE / NSE
BRLM	ICICI Securities, Edelweiss Financial Service, IIFL
REGISTRAR	LINK INTIME