IPO Closing Today

1) Suryachakra Power Corporation Ltd.

Opening Date: 25-June-07
Closing Date :  29-June-07

Ipo Opening Today

1) Housing Development & Infrastructure Ltd.

Opening Date: 28-June-07
Closing Date :  03-July-07

Ipo Opening Today

1) Bharat Earth Movers Ltd.

Opening Date: 27-June-07
Closing Date :  03-July-07

IPO Closing Today

1) Spice Communications Ltd.

Opening Date: 25-June-07
Closing Date :  27-June-07

Ipo Opening Today

1) Spice Communications Ltd.

Opening Date: 25-June-07
Closing Date :  27-June-07

2) Suryachakra Power Corporation Ltd.

Opening Date: 25-June-07
Closing Date :  29-June-07

Gujarat NRE''s Australian Flagship Subsidiary India NRE Minerals IPO Closes Oversubscribed

Gujarat NRE Coke Ltd has informed that the Initial Public Offer of India NRE Minerals Ltd of 30 million shares at Au$ 0.50 each aggregating to AU$ 15 million has closed on thestipulated date having been over subscribed.This is a major reason for us to celebrate in the group said Mr. Arun Kumar Jagatramka, Vice Chairman & Managing Director of the Company, for the issue also marks the entry of Indian retail investors, perhaps for the first time on such a scale, who have overwhelmingly responded to our call to come on board the flagship in making of theNRE group in Australia. It will be pertinent to note here that the Reserve Bank of India recently allowed individual Indians to invest upto USD 100,000 in overseas listed equity every year - a little known and seldom availed of option that was utilized by the Company to provide the Indian investing fraternity to take part in a rare resource play in Australia and reap the benefits of investing in a mature market.

IPO Closing Today

1) Celestial Labs Ltd.

Opening Date: 18-June-07
Closing Date :  22-June-07

2) ICICI Bank Ltd.

Opening Date: 19-June-07
Closing Date :  22-June-07


3) Ankit Metal & Power Ltd.

Opening Date: 18-June-07
Closing Date :  22-June-07

IPO Closing Today

1) Roman Tarmat Ltd.

Opening Date : 12-June-07
Closing Date : 19-June-07

IPO Opening Today

1) ICICI Bank Ltd.

Opening Date: 19-June-07
Closing Date : 22-June-07

IPO Opening Today

1) Ankit Metal & Power Ltd.

Opening Date : 18-June-07
Closing Date : 22-June-07

2) Celestial Labs Ltd.

Opening Date : 18-June-07
Closing Date : 22-June-07

DLF IPO: Mega issue sail through

DLF may be India's largest real estate player but its IPO has not impressed retail investors, as the IPO closed it was the Institutional players who have made the issue a success. So even if retail buyers have been lukewarm, DLF isn't worrying, its Rs 9,600 crore issue has attracted over Rs 33,000 crore proposals.

Till late evening the overall issue was subscribed 3.6 times while institutions segment was subscribed 5.23 times.Analysts say that most of the institutional flows are from hedge funds. Two funds are believed to have put in bids worth $500 million each but the retail and HNI categories haven't done too well.

Brokerages like CLSA found DLF a little overpriced. But despite all that the DLF IPO has raised the bar and the real estate sector is likely to be re-rated. In the gray market DLF is trading at a premium of Rs 15-20 per share, a small gain in the short term. But who knows there might be a bigger upside in the long term.

IPO Closing Today

1) DLF Ltd.

Opening Date : 11-Jun-2007
Closing Date : 14-Jun-2007

IPO Closing Today

1) Vishal Retail Ltd.

Opening Date : 11-Jun-2007
Closing Date : 13-Jun-2007

DLF public issue subscribed 1.28 times

Mumbai: The initial public offering (IPO) of DLF, the real estate behemoth, was oversubscribed on the second day of the book building process on the BSE and NSE. The IPO was subscribed 1.28 times on account of large number of bids received for the Qualified Institutional Bidders' (QIB) portion. A large number of bids were received at the lower end of the price band at Rs 500-Rs 550. A total of 22,31,29,480 bids were received against the issue size of 17.50-crore equity shares. The QIB portion was subscribed 2.08 times.

Ipo Opening Today

1) Roman Tarmat Ltd.

Opening Date : 12-Jun-2007
Closing Date : 19-Jun-2007

Ipo Opening Today

1) DLF Ltd.

Opening Date : 11-Jun-2007
Closing Date : 14-Jun-2007

2) Vishal Retail Ltd.

Opening Date : 11-Jun-2007
Closing Date : 13-Jun-2007

IPO Closing Today

1) Nelcast Ltd।

Opening Date : 04-Jun-2007
Closing Date : 08-Jun-2007

Vishal Retail all set for Rs 110cr public issue

Mumbai: Vishal Retail proposes to foray the capital market with an initial public offering (IPO) of equity shares aggregating Rs 110 crore. The issue opens on June 11 and closes on June 13. The price band for the 100 per cent book built issue has been fixed between Rs 230 - Rs 270 per equity share of Rs 10 each. The company proposes to infuse the proceeds of the issue to establish new retail stores. Of the total 32 stores to be establish this year, the IPO will fund for the establishment of 22 stores. The company will deploy Rs 104.15 crore of the net issue proceeds for setting up the stores in the current year. The company reported total income at Rs 771.15 crore for the year ended March 2007 and net profit at Rs 24.98 crore. The company currently operates 50 retail stores including two stores operated by franchisees located in 18 states across the country.

Ipo Closing Today

1) Meghmani Organics Ltd.

Opening Date : 04-Jun-2007
Closing Date : 07-Jun-2007

Ipo Opening Today

1) Meghmani Organics Lt

Opening Date : 04/06/2007
Closing Date : 07/06/2007


2) Nelcast Ltd.

Opening Date : 04/06/2007
Closing Date : 08/06/2007

Zylog Systems Mulls IPO

Chennai: Zylog Systems Ltd, a Chennai-based information technology company, plans to mop up Rs 100 crore through an initial public issue. It plans to issue 36 lakh equity shares of Rs 10 each through the book-building route. Funds raised will be utilized to part-finance its expansion plans. It is also looking at acquisitions to deepen its domain expertise, expand service lines and access new markets/verticals. The company offers IT services to clients such as United America of Tennessee and Barclays.