Monday, November 2, 2009

List of IPOs coming up soon

MUMBAI: Fourteen Initial Public offerings (IPOs) are ready to hit the market in the next 3-6 months. Since June, 12 IPOs have hit the market, raising Rs 14,600 crore.

More than 40 companies have raised Rs 33740 crore through Qualified Institutional Placements (QIPs) since April.


Funds to be deployed for expansion plans, retiring debt, and for working capital
On back of rising stock prices, companies managed to raise funds. OIL India only IPO holding strong on bourses, Power IPOs laggards since listing

IPO pipeline
Company Issue size( in Rs cr)

JSW Energy 3000
Jindal Power 4000
Sterlite Energy 5100
GMR Energy 1500
Reliance Infratel 4200
Sahara Prime City 3450
Ambience 1293
Lodha Dev 2500
Emaag MGF 3850
BPTP 2000
Nitesh Estates 550
DB Realty 1500
Godrej Properties -
Hathway Cables -
Total amount 32943

Break-even price for QIB

Oil India Rs 1128
Adani Power Rs 105
Pipavav Shipyard Rs63
NHPC Rs 42

Weak IPOs

NHPC, Adani subscribed more than 20 times
Adani, NHPC priced at top of their price bands
Huge selling seen from high net worth individuals

Source :