Tuesday, September 29, 2015

FORTHCOMING IPO: G N A AXLES LIMITED



ISSUE SIZE
63,00,000 EQUITY SHARES
PRICE
NOT DECIDED
FACE VALUE
RS 10
BUSINESS
Manufacturers of diverse range of rear axle shafts.

PROMOTERS
JASVINDER SINGH SEEHRA, RANBIR SINGH AND GURDEEP SINGH
LISTINGS
BSE, NSE









BRLM
PNB INVESTMENT SERVICES, AMBIT CORP FINANCE

REGISTRAR

LINK INTIME


























L&T INFOTECH FILES PAPERS WITH SEBI FOR AN IPO

L&T Infotech, has filed papers with SEBI for an IPO.


Monday, September 28, 2015

EXPECT SOFT OPENING, POSITIVE CLOSING

Stock markets are expected to open with minor loss due to weakness in the Asian markets. However stocks, especially financials, pharma, FMCG and energy will gain momentum by close. 

Saturday, September 26, 2015

US FDA REVOKES APPROVAL GIVEN TO SPARC

The US Food and Drug Administration has revoked an approval issued in March to Sun Pharma Advanced Research Company Ltd to launch a drug for seizures, citing manufacturing quality problems at its production site.

The move comes as a setback to SPARC, the research arm of India’s largest drugmaker, Sun Pharmaceutical Industries Ltd . 

The drug, Elepsia XR, was its first to receive an FDA approval.

Friday, September 25, 2015

IPO ANALYSIS: TEJNAKSH HEALTHCARE LIMITED - AVOID


ISSUE OPENS / CLOSES ON

30-09 /12-10-2015
ISSUE SIZE
3,04,000 EQUITY SHARES
PRICE
RS 80
FACE VALUE
RS 10
BUSINESS
UROLOGY HOSPITAL

PROMOTERS
DR. ASHISH VISHWAS RAWANDALE
LISTINGS
BSE SME









BRLM
FIRST OVERSEAS CAPITAL

REGISTRAR
CAMEO CORPORATE SERVICES
























NSE INCLUDES 6 MORE STOCKS TO F&O

National Stock Exchange will introduce six companies, including Cadila Healthcare and Bharti Infratel, to the futures and options (F&O) segment from Monday. 

Besides, Marico, NCC, BEML and TV18 Broadcast will also become part of the derivatives segment.

CDEL IPO IN SECOND WEEK OF OCT

Coffee Day Enterprises IPO may hit the street in the second week of October.

The IPO is being lead managed by Axis  Capital, Morgan Stanley India, Citigroup Global Markets, Kotak Mahindra Capital,Yes Bank Ltd and Edelweiss Financial Services Ltd.

GOVT TO AMEND MAT TO WOO FIIs.

The Income Tax  Act will be amended retrospectively from April 2001 to exempt foreign companies covered under Double Taxation Avoidance Agreement (DTAA) from paying minimum alternate tax (MAT) prior to April 1, 2015. MAT is a tax levied on profit-making entities that don’t pay corporate income-tax because of exemptions and incentives.

Thursday, September 24, 2015

FORTHCOMING IPO : VLCC HEALTH CARE LIMITED





ISSUE SIZE
RS 400 CR PLUS OFS OF 37,66,828 EQUITY SHARES
PRICE
NOT DECIDED
FACE VALUE
RS 10
BUSINESS
HEALTH CARE, FITNESS

PROMOTERS
MUKESH LUTHRA AND MS. VANDANA LUTHRA
LISTINGS
BSE , NSE









BRLM
ICICI SECURITIES, CITIGROUP AND AXIS CAPITAL

REGISTRAR

KARVY


























INVESTORS LOSE MONEY IN THE RECENTLY LISTED IPOs



NAME OF THE COMPANY

IPO PRICE
(RS)

CMP
FIRSTCHOICEIPO RECOMMENDATIONS
PRABHAT DAIRY
115
113
AVOID
SADBHAV
103
101
AVOID
SHREE PUSKAR
 65
 66
AVOID

PENNAR



178

160

AVOID



NAVKAR

155


158

INVEST FOR LISTING GAINS

BSE REVISES CIRCUIT FILTER FOR 12 STOCKS

BSE has revised circuit filter for 12 stocks with effect from September 24, 2015.

Sr. No.
Scrip Code
Scrip Name
Circuit Filter % Revised to
1
530323
Era Infra Engineering Ltd
10
2
517356
ACI Infocom Ltd
10
3
532905
Saamya Biotech India Ltd
10
4
534600
JTL Infra Ltd
10
5
526209
K S Oils Ltd
5
6
531146
Medicamen Biotech Ltd
5
7
531228
Rander Corporation Ltd
5
8
531598
Nimbus Foods Industries Ltd
5
9
532633
Allsec Technologies Ltd
5
10
507488
GM Breweries Ltd
5
11
530027
Aadi Industries Ltd
2
12
524540
Secunderabad Healthcare Ltd
2

IPO ANALYSIS: FRANKLIN LEASING AND FINANCE LIMITED - AVOID


ISSUE OPENS  / CLOSES ON

30-09- /06-10-2015
ISSUE SIZE
42,24,000 equity shares
PRICE
RS 10
FACE VALUE
RS 15
BUSINESS
FINANCE, LEASING, TRADING IN SECURITIES

PROMOTERS
Pawan Dalmia and M/s. Confident Financial Advisory Pvt. Ltd
LISTINGS
BSE SME









BRLM

ARYAMAN

REGISTRAR

SKYLINE























FORBES RICH LIST : MUKESH AMBANI RETAINS NUMBER 1 POSITION

Mukesh Ambani of RIL is the richest of all Indians.  Dilip Shanghvi of Sun Pharma moves to second position.
The top 10 richest in India are:
1) Mukesh Ambani; US$18.9 billion
2) Dilip Shanghvi; $18 billion
3) Azim Premji; $15.9 billion
4) Hinduja brothers; $14.8 billion
5) Pallonji Mistry; $14.7 billion
6) Shiv Nadar; $12.9 billion
7) Godrej family; $11.4 billion
8) Lakshmi Mittal; $11.2 billion
9) Cyrus Poonawalla; $7.9 billion
10) Kumar Birla; $7.8 billion.

Wednesday, September 23, 2015

IPO ANALYSIS: CAWASJI BEHRAMJI CATERING SERVICES LIMITED - INVEST


ISSUE OPENS  / CLOSES ON

29-09 / 05-10-2015
ISSUE SIZE
13,30,000 equity shares
PRICE
RS 10
FACE VALUE
RS 14
BUSINESS
CATERING, HOUSE KEEPING, FINE DINING

PROMOTERS

ALFRED MICHEAL ARAMBHAN & MRS. NALINI MARIA ARAMBHAN
LISTINGS
BSE SME









BRLM

HEM SECURITIES

REGISTRAR

SHAREX DYNAMICS