Saturday, July 23, 2011

Upcoming IPO -> L&T Finance

L&T Finance fixes it's IPO price band at Rs 51/- at lower level and Rs 59/- at upper level. The issue of L&T Finance IPO opens on Jul 27, 2011 and closes for subscription on Jul 29, 2011.
Market Lot - 100 Equity Shares.
Minimum Order Quantity - 100 Equity Shares.
IPO Grading - IPO GRADE 5 which means 'Strong Fundamentals'.
Rating Agency - CARE and ICRA.

About Company

L&T Finance Limited (LTF) is a subsidiary of Larsen and Toubro. It was incorporated as a Non Banking Finance Company in November 1994. Through LTF, L&T aims at making a strong foray in the ever-expanding financial services sector. As a business philosophy, we fund income generating assets/activities while maintaining a clear focus on returns.

LTF offers a spectrum of financial products and services for trade, industry and agriculture. The company's focus segments are corporate products, construction equipment, CVs and tractors. Despite the turbulence in the financial services markets over the past few years, L&T Finance has adapted well to the changing market dynamics to remain consistently profitable.

Like the rest of the companies in L&T group, LTF is also professionally managed. LTF shares the professional values and ethos of its parent company, and has acquired and maintained a reputation for reliability, transparency of operations and absolute integrity. A steady growth rate validates the trust that industry has reposed in the company.

Website -

Tuesday, July 19, 2011


Issue Open: July 20, 2011
Issue close: July 22, 2011
Price Band: Rs. 100 - Rs. 117 Per Equity Share
Minimum Bid Size: 50 Equity Shares
Face Value: Rs. 10 Per Equity Share
Issue Type: 100% Book Building
Maximum Subscription Amount for Retail Investor: Rs. 200000

Incorporated in 1995, Inventure Growth and Securities Ltd (IGSL) is a flagship Company of Inventure Group. They offer trading services in equity cash and derivatives market, debt market, commodities and currency futures segment to financing activity, wealth management, and distributions of financial product.IGSL's client includes institutional clients, high net worth individuals and retail investors. Inventure operates through 224 business locations including branches, franchisees (Remisiers and Authorised Person) and sub-brokers located across India.

IPO Grading / Rating:
Fitch / ICRA has assigned an IPO Grade 2 to Inventure Growth and Securities IPO. This means as per Fitch / ICRA, company has 'Below Average Fundamentals'.

Saturday, July 9, 2011


Issue Open:
July 11, 2011
Issue close:
July 14, 2011
Price Band:
Rs. 75 - Rs. 82 Per Equity Share
Minimum Bid Size:
75 Equity Shares
Face Value:
Rs. 10 Per Equity Share
Issue Type:
100% Book Building
Maximum Subscription Amount for Retail Investor: Rs. 200000

Incorporated in 1994, Bharatiya Global Infomedia Ltd (BGIL) is a technology based company, is in the business of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio. BGIL focusing on the sectors such as Information Technology security and compliance automation software solutions and technology related to media & entertainment industry with focus on research & development.

IPO Grading / Rating
CARE has assigned an IPO Grade 2 to Bharatiya Global Infomedia IPO. This means as per CARE, company has 'Below Average Fundamentals'.

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