Category: India IPO Reviews and Updates

Before we review the prospects of IndiaBulls Power, we would like to know what is the basis on which SEBI clears these IPOs. Power projects are Long Gestation Projects and not Dot Com Businesses which can start making money immediately [They never made either ;-).

IndiaBulls Power Ltd – IPL IPO Review and Recommendation:
IPL will have a combined installed capacity of 6,615MW in Maharashtra and Chhattisgarh post the completion of these projects with lot more projects in the evaluation stage, all of (more…)

We are hereby attaching the Basis of Allotment of Euro Multivision realeased by the company to us just minutes ago. All retail applications bidding for 180 shares and above have been allotted on a firm basis. Check out the chart below. (more…)

We have got the Basis of Allotment for Pipavav Shipyard Ltd. The issue was not a BIG Success and hence retail portion was OVERSUBSCRIBED by mere 2.7 times. Here is the complete chart. (more…)

We have just a while ago received a Fax from OIL India headquarters which has finalized the basis of Allotment for its recently concluded IPO for which we had a SUBSCRIBE recommendation.

Applicants applying for 6 shares have been allotted in the ratio of 25:28. All applicants who applied for more than 6 shares have been allotted on a firm basis as shown in the chart below. (more…)

Thinksoft Global Services Ltd, established in the year 1998, is engaged in the business of financial and insurance software Testing and Documentation.

Currently, 63% of TGSL’s revenues come from onsite activities where margins are less compared with the same work being outsourced. Going forward, the company plans to actively focus on offshore work and is targeting an onsite to offsite mix of 55:45. With demand of more standardized products for SME, the Company has developed specialized service offerings to meet their needs. (more…)

We have just received the final confirmation about Jindal Cotex Ltd IPO Basis of Allotment. Retail investors who applied for 180 or more shares have been allotted 90 shares on firm basis.

Retail applications for 90 shares have been allotted 90 shares in the ratio of 46:93. Here is the complete Basis of Allotment Chart of Jindal Cotex Ltd IPO Shares. (more…)