Todays result

Today following companies announcing their results..

Reliance Infrastructure,

BPCL,

Tata Chemicals

New IPO => Prakash Steelage Limited

The issue opens on Aug 05, 2010, and closes for subscription on Aug 09, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Prakash Steelage Limited is entering in the capital markets with an initial public offering, IPO of 62,50,000 equity shares of Rs. 10 each for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 100/- at lower level and Rs 110/- at upper level for equity share of Rs 10/-.

Prakash Steelage Limited (PSL) is an ISO 9001: 2008 and PED certified Company, engaged in the manufacturing of seamless & welded stainless steel Pipes, Tubes and U-tubes. Company carry their production through two state-of-the-art production units situated at Silvasa and Umbergaon (Gujarat) with total installed production capacity of 12200 MTPA.

NEW IPO => Engineers India Ltd

Engineers India Ltd is entering in the capital markets with an follow-on public offering, FPO of 3,36,93,660 equity shares of Rs 5 for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 270/- at lower level and Rs 290/- at upper level for equity share of Rs 5/-.
The issue opens on Jul 27, 2010, and closes for subscription on Jul 30, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

For More:
http://engineersindia.eil.co.in/on_going.html

NEW IPO => SKS Microfinance Ltd

The issue opens on Jul 28, 2010, and closes for subscription on Aug 02, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

SKS Microfinance Ltd is entering in the capital markets with an initial public offering, IPO of 1,67,91,579 equity shares of Rs. 10 for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 850/- at lower level and Rs 985/- at upper level for equity share of Rs 10/-.

Upcoming IPO => Bajaj Corp Ltd

Bajaj Corp Ltd is entering in the capital markets with an initial public offering, IPO of 45,00,000 equity shares of Rs. 5 each for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 630/- at lower level and Rs 660/- at upper level for equity share of Rs 5/-.

The issue opens on Aug 02, 2010, and closes for subscription on Aug 05, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Aster Silicates Ltd Intra day!!!

Aster Silicates Ltd Listed today and its price is going above 35%. It is really a good day for intraday traders.

Don't miss this kind of new IPO listing opportunities. ;)


Finaly at the end of day. 79.83 % high.. Great!!
Day's High/Low (Rs)225.00 - 123.50

IPO Listing => Aster Silicates Ltd

Aster Silicates Ltd IPO will list on Wed, July 28, 2010. Issue price of this IPO has been fixed at Rs 118/- per share. IPO was oversubscribed by 4.47 times (7.4100 times in retail).

IPO Listing Detail

Listing Date: Wednesday, July 28, 2010

BSE Scrip Code: 533219

NSE Symbol: ASTERSILI

Listing In: 'B' Group of Securities

ISIN: INE900K01012

Issue Price: Rs. 118.00 Per Equity Share

Face Value: Rs. 10.00 Per Equity Share

Today Expectation

Reliance Industries, MRPL, Hindustan Uniliver, Cairn India, Titan Industries, JSW Steel, Godrej Industries, Reliance Industries, Cadila Healthcare, Ashok Leyland, GTL, IRB Infrastructure, Glenmark Pharma, Asian Paints, Everest Kanto Cylinders will declare their results today

Post office Plan - Monthly Income Plan

Interest

8% per annum payable i.e. INR 80/- will be paid every month on a deposit of INR 12000/-.

Investment Limits

In multiples of INR 1500/- Maximum INR 4.5 lakhs in single account and INR 9 lakhs in joint account.

Features

Maturity period is 6 years. Can be prematurely encashed after one year but before 3 years at the discount of 2% of the deposit and after 3 years at the discount of 1% of the deposit. (Discount means deduction from the deposit.) A bonus of 5% on principal amount is admissible on maturity in respect of MIS accounts opened on or after 8.12.07.

Deposit Rs Monthly Interest Amount returned on maturity

5,000 33 5,500

10,000 66 11,000

50,000 333 55,000

1,00,000 667 1,10,000

2,00,000 1,333 2,20,000

3,00,000 2,000 3,30,000

6,00,000 4,000 6,60,000

Today's Low

Both Maruti Suzuki India Ltd. and Indian Bank price went down more than 10%.

Today's News:
India's mobile users count went above more than 62.13 million.