Sensex today reached new height of 20600 points after heavy weights like L&T, ICICI, Reliance surged in today’s trading session. The Sensex almost increased by 342 points today to close at 20686. Nifty on the other hand closed at 6275 , 96 points up.
Like Precision Profiles, Allotment status of Aries Agro is also out today. One can check if they have got allotment in Aries Agro by visiting the link
http://www.aarthiconsultants.com/ipostat.htm
Congrats to people who have got allotment of shares
It has been announced today that Manaksia limited will be listed on 8th of Jan 2008. BSE and NSE code for the mentioned stock is 532932 and MANAKSIA. Those who have got some shares alloted can expect a decent return when the shares gets listed on BSE/NSE
Allotment Details of the Precision Pipes and Profile Company Limited IPO are out. One can check their allotment status by visiting the intimespectrum.com .
Link:http://www.intimespectrum.com/site/ipo.asp
It seems like everyone is planning to raise capital this year. Gini and Jony Apparels, one of the leading kidswear brand is likely to come up with an IPO in the first six months of the year 2008.
Future Capital IPO is likely to hit the market on Jan 11th. The share price would be in the range of 700-765 per share. It would be the first IPO to hit Stock Market this new year 2008. Unlike Reliance Power IPO these IPO would not provide stagger option nor concession to retail investors. Check this site later, to get the detailed information about the IPO
Reliance Power has offered staggered payment option to its retail investors. The issue will be open on Jan 15. The price band for the issue is 405-450. The IPO has already got CRISIL rating of 4 on 5 points. The grey market premium for the Reliance Power as on 2nd Jan 2008 is Rs 360-370
Manaksia IPO Allotment Status is out on the Intimes Specturm. People can check out their allotment at
http://www.intimespectrum.com/site/ipo.asp
People can expect to receive refund by ECS by Jan 5th 2008
Business Standard has published an article starting that Reliance ADAG Group ( Anil Ambani ) is planning to start a new subsidiary called as Tech Reliance. This company will compete with existing big IT companies in the field of outsourcing and software development.
All the bank stocks especially Punjab National bank has surged ahead in today’s trading session. Punjab National bank stock price has almost increased by 7% today. Even HDFC Bank and SBI is up by 3% and 1.8% respectively.