IPO Tracker - December 31, 2010

IPO	Issue Price	Current Price	Gain / Loss
Punjab and Sind Bank	120.00	128.10	6.75%
Ravi Kumar Distilleries	64.00	80.40	25.63%
A2Z Maintenance & Services	400.00	323.65	-19.09%
Claris Lifesciences Ltd.	228.00	213.75	-6.25%
MOIL Ltd.	375.00	449.85	19.96%

IPO Tracker - December 29, 2010

IPO	Issue Price	Current Price	Gain / Loss
Ravi Kumar Distilleries	64.00	83.10	29.84%
A2Z Maintenance & Services	400.00	316.15	-20.96%
Claris Lifesciences Ltd.	228.00	205.10	-10.04%
MOIL Ltd.	375.00	440.75	17.53%
RPP Infra Projects Ltd.	75.00	57.90	-22.80%

Shekhawati Poly-Yarn IPO - Objects to the Issue

The objects of the Issue are to meet Issue Expenses and:
1. To acquire additional new 30 Twisting Machines and installation of new 30 Knitting Machines;
2. To acquire Corporate office at an estimated cost of Rs. 325.00 lacs;
3. To meet working capital requirements

IPO Tracker - December 28, 2010

IPO	Issue Price	Current Price	Gain / Loss
Ravi Kumar Distilleries	64.00	82.10	28.28%
A2Z Maintenance & Services	400.00	318.20	-20.45%
Claris Lifesciences Ltd.	228.00	202.75	-11.07%
MOIL Ltd.	375.00	439.60	17.23%
RPP Infra Projects Ltd.	75.00	57.65	-23.13%

IPO Tracker - December 27, 2010

IPO	Issue Price	Current Price	Gain / Loss
Ravi Kumar Distilleries	64.00	80.05	25.08%
A2Z Maintenance & Services	400.00	324.70	-18.83%
Claris Lifesciences Ltd.	228.00	209.80	-7.98%
MOIL Ltd.	375.00	440.95	17.59%
RPP Infra Projects Ltd.	75.00	58.65	-21.80%

Punjab and Sind Bank IPO - Basis of Allotment for Retail Investors

Format: Applied Sh - Allotted Sh - Ratio

50 - 50 - 2 out of 79
100 - 50 - 3 out of 65
150 - 50 - 5 out of 72
200 - 50 - 5 out of 54
250 - 50 - 11 out of 95
300 - 50 - 5 out of 36
350 - 50 - 6 out of 37
400 - 50 - 5 out of 27
450 - 50 - 5 out of 24
500 - 50 - 22 out of 95
550 - 50 - 14 out of 55
600 - 50 - 5 out of 18
650 - 50 - 22 out of 73
700 - 50 - 12 out of 37
750 - 50 - 17 out of 49
800 - 50 - 10 out of 27
850 - 50 - 24 out of 61
900 - 50 - 5 out of 12
950 - 50 - 11 out of 25
1000 - 50 - 25 out of 54
1050 - 50 - 17 out of 35
1100 - 50 - 28 out of 55
1150 - 50 - 8 out of 15
1200 - 50 - 5 out of 9
1250 - 50 - 11 out of 19
1300 - 50 - 56 out of 93
1350 - 50 - 5 out of 8
1400 - 50 - 24 out of 37
1450 - 50 - 45 out of 67
1500 - 50 - 25 out of 36
1550 - 50 - 33 out of 46
1600 - 50 - 20 out of 27
1650 - 50 - 71 out of 93

IPO Tracker - December 24, 2010

IPO	Issue Price	Current Price	Gain / Loss
A2Z Maintenance & Services	400.00	333.00	-16.75%
Claris Lifesciences Ltd.	228.00	218.65	-4.10%
MOIL Ltd.	375.00	448.75	19.67%
RPP Infra Projects Ltd.	75.00	58.30	-22.27%
Gravita India Ltd.	125.00	225.55	80.44%

SAIL closes down 4.34% after talks of FPO price

Steel Authority of India Ltd. fell sharply on December 23, 2010 after talks that the company may issue shares in the FPO at about Rs.165/- per share, which is at a significant discount over the current market price

SAIL FPO is likely to hit the streets in the beginning of 2011. SAIL is India's largest steel producing company. SAIL has five integrated steel plants, three special plants, and one subsidiary in different parts of the country. SAIL manufactures and sells a broad range of steel products, including hot and cold rolled sheets and coils, galvanised sheets, electrical sheets, structurals, railway products, plates, bars and rods, stainless steel and other alloy steels

Related posts from Indian IPO Blog:
- SAIL FPO may hit the streets in January 2011
- SAIL stake sale approved by Government

IPO Tracker - December 23, 2010

IPO	Issue Price	Current Price	Gain / Loss
A2Z Maintenance & Services	400.00	328.90	-17.78%
Claris Lifesciences Ltd.	228.00	219.10	-3.90%
MOIL Ltd.	375.00	448.65	19.64%
RPP Infra Projects Ltd.	75.00	58.35	-22.20%
Gravita India Ltd.	125.00	230.50	84.40%

Ispat Industries closes 15% down after acquisiton news by JSW Steel

Ispat Industries Shares closes 15.03% down at Rs.21.20 on BSE today on December 21, 2010 after the announcement that JSW Steel would acquire a majority stake in the company. The company will be renamed JSW Ispat Steel Ltd. after the acquisition

Ispat Industries opened at Rs.22.90 on BSE, touched an Intra-day low of Rs.20.65 and finally closed at Rs.21.20, down almost 15.03% from previous close

Onion prices fall after Export ban

Onion prices fell more than 30% after the government banned exports to rein in the cost of the vegetable

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JSW Steel to acquire controlling stake in Ispat Industries

JSW Steel is all set to acquire controlling stake in Ispat Industries. The deal will make JSW, India's largest steel producer

JSW Steel is promoted by Sajjan Jindal. Ispat Industries will be renamed JSW Ispat Steel and Sajjan Jindal will be the non-executive chairman of the company. JSW will make an open offer to the minority shareholders of Ispat Industries as per SEBI guidelines

SKS Micro at all time low

SKS Microfinance Ltd. shares crashed to an all-time low again on Tuesday, December 21, 2010. Moreover, Citigroup had also downgraded SKS from "HOLD" to "SELL" on Thursday and cut its earnings estimates to factor in reduced lending rates, higher funding costs and lower growth

SKS Microfinance Ltd. hit an Intra-day and its all time low of Rs.559

SKS Microfinance had come up with an IPO in July 2010. Click here for more on SKS Microfinance IPO!

JSW Steel to buy 84% stake in Ispat Industries

JSW Steel Ltd. plans to buy an 84-percent stake in Ispat Industries for $476 million to expand capacity in the country. The company will subscribe about 1.09 billion shares via preferential allotment at a price of Rs 19.85 per share

Ispat is controlled by Pramod and Vinod Mittal, the brothers Lakshmi Mittal, who heads the world's largest steelmaker Arcelor Mittal

SKS Microfinance hits all-time low

SKS Microfinance Ltd. shares crashed to an all-time low on Monday, December 20, 2010. Moreover, Citigroup also downgraded SKS from "HOLD" to "SELL" on Thursday and cut its earnings estimates to factor in reduced lending rates, higher funding costs and lower growth

SKS Microfinance Ltd. hit an Intra-day and its all time low of Rs.597 and finally closed at Rs.603.85, down 8.77% over previous day's close

SKS Microfinance had come up with an IPO in July 2010. Click here for more on SKS Microfinance IPO!

EIH gets SEBI approval for rights issue, stock rises

EIH has got approval from SEBI for Rights Issue. EIH opened on BSE at Rs.117 touched an Intra-day High of Rs.121.90 and an Intra-day Low of Rs.117 today on Monday, December 12, 2010

Zee Learn closes at Rs 20 on NSE

Zee Learn, the demerged education business of ETC Networks, closed at Rs 20 on National Stock Exchange as against its demerged price of Rs 296.55, down 80.2%, with volume of 98.75 lakh shares

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SCI FPO - Basis of Allotment for Retail Investors

The Basis of Allotment for Retail Investors for Shipping Corporation of India FPO is out. All applicants in the Retail Category applying for 350 Equity Shares and above have been given Firm Allotment, although number of shares allotted to different applicants varies

Read More on Indian IPO Blog: Shipping Corporation of India (SCI) FPO - Basis of Allotment (Retail Category)

ONGC Board approves share split and bonus

Oil and Natural Gas Corporation (ONGC) Board today has recommended for approval of the shareholders for sub division of each Equity Share of the Company of Rs.10/- each fully paid up into two equity shares of Rs.5/- each fully paid up

The Board has also recommended for approval of the shareholders for issuance of Bonus shares in the proportion of one new Equity Share of Rs.5/- each as a Bonus for every one existing Equity Share of Rs.5/- each fully paid up by capitalization of reserves

The move comes ahead of the proposed Follow-on Public Offer of the Company, which is expected to hit the markets soon

Punjab and Sind Bank IPO closes with fabulous oversubscription

Punjab and Sind Bank IPO, which closed for subscription yesterday on Thursday, December 16, 2010, has been finally oversubscribed by excellent oversubscription figures, the overall subscription being a staggering 50.75 times. The IPO has been receiving a wonderful response from its opening and has seen solid support across the board from all the categories of investors

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