1) Dhanus Technologies Ltd.
Opening Date: 10/09/2007
Closing Date : 12/09/2007
2) Power Grid Corporation of India Ltd.
Opening Date: 10/09/2007
Closing Date : 13/09/2007
Monday, September 10, 2007
Saturday, September 8, 2007
Koutons Plans IPO For Expansion
As the Indian retail story gets even bigger, garment makers are designing strategies to firmly position themselves on to the ground.Koutons Retail India is one such company set to hit the primary market to fund expansion plans, an initiative that its management says will take the company to the next level.
Koutons plans to raise Rs 130 -146 crore to finance its new manufacturing facility at Gurgaon. Besides, it plans to roll out 140 new outlets across India. Koutons plans to enter the women-wear and kids-wear category under new brands besides marking its presence in premium men-wear clothing. A move the company says will help strengthen its margins. But with cut throat competition and big time capital requirement, it will be a challenge to be able to find its feet in this industry that is growing at a frenzied pace.
Koutons plans to raise Rs 130 -146 crore to finance its new manufacturing facility at Gurgaon. Besides, it plans to roll out 140 new outlets across India. Koutons plans to enter the women-wear and kids-wear category under new brands besides marking its presence in premium men-wear clothing. A move the company says will help strengthen its margins. But with cut throat competition and big time capital requirement, it will be a challenge to be able to find its feet in this industry that is growing at a frenzied pace.
Friday, September 7, 2007
Biyani Mulls IPO For Consumer Credit Biz
Kishore Biyani is inking a brand new strategy for the future of his Future Group. While others are busy rolling out stores and cutting cost he is looking to monetise his business model further.One of his big bets is his finance arm-Future Capital, a company that he is taking to the capital markets and he is saying its listing will be announced in next 3-4 months.Biyani is planning to raise over Rs 1,000 crore to grow his consumer credit business and ramp up the number of branches from 65 to 400 over a period of time.
Kishore Biyani also knows that while he grows other businesses, he cannot compromise on his core retail business as it is the only way he can attract customers to offer any of his other products or services. This is the reason why Biyani needs to bolster his supply chain to take on the likes of Wal-Mart and Reliance. He is planning to raise $500 million fund for logistics business and is even looking to buy stakes in other logistic companies. While many retailers are busy worrying about growing pressure on margins, Kishore Biyani is looking out for solutions building periphery business around retail, a strategy he says will help him remain ahead of competition and also help profitability going forward.
Kishore Biyani also knows that while he grows other businesses, he cannot compromise on his core retail business as it is the only way he can attract customers to offer any of his other products or services. This is the reason why Biyani needs to bolster his supply chain to take on the likes of Wal-Mart and Reliance. He is planning to raise $500 million fund for logistics business and is even looking to buy stakes in other logistic companies. While many retailers are busy worrying about growing pressure on margins, Kishore Biyani is looking out for solutions building periphery business around retail, a strategy he says will help him remain ahead of competition and also help profitability going forward.
IPO Opening Today
1) Allied Computers International (Asia) Ltd.
Opening Date: 07/09/2007
Closing Date : 12/09/2007
Opening Date: 07/09/2007
Closing Date : 12/09/2007
Thursday, September 6, 2007
Subhiksha To Hit IPO Stands In 2008
While big daddies like Wal-Mart and Reliance are still taking their own sweet time to roll out their retail operations existing players like Subhiksha want to make most of this time window.Subiksha is all set to hit the capital markets early next year to fuel growth.
Subiksha wants to use funds to add up stores to 2,500 in next 18 months. Even though it is tightlipped on what amount will they need to raise from the market, industry sources say it will need atleast Rs 400-500 crore. To expand so fast, Subhiksha knows that it cannot take on deep pocketed players like Reliance and Wal-Mart by putting up its own supply chain and is scouting for partners to bolster its backend. Be it margin pressure or escalating cost, Retail in India is booming nonetheless, demand is increasing multifold drawing in new players like Subhiksha to the capital markets to raise funds and get on with its expansion plans.
Subiksha wants to use funds to add up stores to 2,500 in next 18 months. Even though it is tightlipped on what amount will they need to raise from the market, industry sources say it will need atleast Rs 400-500 crore. To expand so fast, Subhiksha knows that it cannot take on deep pocketed players like Reliance and Wal-Mart by putting up its own supply chain and is scouting for partners to bolster its backend. Be it margin pressure or escalating cost, Retail in India is booming nonetheless, demand is increasing multifold drawing in new players like Subhiksha to the capital markets to raise funds and get on with its expansion plans.
Monday, September 3, 2007
IPO Closing Today
1) Dagger-forst Tools Ltd.
Opening Date: 27-August-07
Closing Date : 03-September-07
Opening Date: 27-August-07
Closing Date : 03-September-07
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