GOLD ETF & It's Symbols

The following is the GOLD ETF symbols that you can purchase using DEMAT account. Buying GOLDETF is safer, easy to buy&sell. Even you can buy 0.5gram gold through QGOLDHALF.

NSE-SYMBOLS
RELGOLD ( It is from Reliance )
IPGETF ( It is from ICICI )
GOLDSHARE ( It is from UTI )
SBIGETS ( It is from SBI)
KOTAKGOLD ( It is from KOTAK)
AXISGOLD ( It is from AXIS )
GOLDBEES ( It is from BENCHMARK )
QGOLDHALF(1/2Gram Gold ) ( It is from QUANTUM GOLD )
RELIGAREGO ( It is from Religare )
HDFCMFGETF ( It is from HDFC )

IPO Status - Muthoot Finance Ltd

Muthoot Finance Ltd IPO finally subscribed 24.55 times on its closing day. Muthoot Finance IPO was open on Apr 18, 2011 and closed today on Apr 21, 2011 for subscription. Muthoot Finance has received bids for 1,07,46,26,600 shares as against issue size of 4,37,75,000 shares.

Subscription Detail,
Qualified Institutional Buyers (QIBs): 25.01 Times
Non Institutional Investors: 60.94 Times
Retail Individual Investors (RIIs): 8.50 Times

Total: 24.55 Times

Result Update - YES Bank

Net profit of Yes Bank rose 45.24% to Rs 203.38 crore in the quarter ended March 2011 as against Rs 140.03 crore during the previous quarter ended March 2010. Total operating income rose 83.96% to Rs 1222.61 crore in the quarter ended March 2011 as against Rs 664.60 crore during the previous quarter ended March 2010.

IPO Status

Muthoot Finance Ltd. IPO closes tomorrow, 21st April 2011.

Price Band: Rs.160-175

Issue oversubscribed by 10 times!!!

QIB oversubscribed by 25 times!!!

RIIs oversubscribed by 1.35 times..

Airtel & Zoomin.com

Telecom major Bharti Airtel today said it has partnered with photo service firm Zoomin.Com to allow its broadband customers to store unlimited number of photos. Powered by Zoomin.Com, the 'Airtel Photo Service' enables users to import photo albums from Facebook or upload unlimited number of photos directly from their computer to their account.

Upcoming IPO - Paramount Printpackaging Ltd

Paramount Printpackaging Ltd

Paramount Printpackaging Limited (PPPL) is entering in the capital markets with an initial public offering, IPO of 13,094,175 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 32/- at lower level and Rs 35/- at upper level.

The issue opens on Apr 20, 2011 and closes for subscription on Apr 25, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

SBI Debt Fund Series

SBI Debt Fund Series is a Close-ended Debt Scheme and the objective is to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme.

Details,


Invest in SBI Debt Fund Series 180 Days - 17

L&T to sell electronics

Larsen and Toubro (L&T) touched an intraday high of Rs 1,768.35 and an intraday low of Rs 1,706. At 11:37 hrs the share was quoting at Rs 1,734.50, up Rs 16.90, or 0.98%.

The company is looking to sell electricals and electronics business. The company board has approved sale of electricals business yesterday.

Update

RPG Group company KEC International today said it has bagged orders worth Rs 550 crore from India and Brazil for the construction of transmission network. Total order value is Rs 367 crore and the completion period is 18 months.

Singapore-based SingTel has increased its stake in one of India's largest telecom companies Bharti Airtel to 32.25 per cent, with the purchase of shares worth about Rs 93 crore.

Upcoming IPO - Muthoot Finance

Muthoot Finance fixes it's IPO price band at Rs 160/- at lower level and Rs 175/- at upper level. The issue of Muthoot Finance IPO opens on Apr 18, 2011 and closes for subscription on Apr 21, 2011.

Muthoot Finance Ltd is the Kerala - based largest gold financing company in India in terms of loan portfolio. Muthoot Finance provides personal and business loans secured by gold jewellery, or Gold Loans. They have 1605 branches across 20 states and two union territories in India. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).