The promoters of Goodwill Hospital and Research Centre have withdrawn the company’s initial public offer (IPO) due to poor investor response.

The IPO worth Rs 62-crore had opened for subscription on December 30, 2011 and have an issue price Rs 175-185 a share. The company only received bids for 22,015 shares while the total version of 35,42,857 shares on offer.

The National Takaful Company, Watania, is all set to launch its Initial Public Offer on Monday in a bid to meet its financial obligations. Watania, Abu Dhabi-based Sharia compliant insurance company, is expected to raise Dh82.5 million from this IPO. Watania's Founders have subscribed to an aggregate value of Dh67.5 million shares.

The firm said in a statement, "The offer price for each share is fixed at Dh1 with an additional Dh0.05 as subscription fee per offered share."

Anastasios Dalgiannakis, head of trading at Mubasher Financial Services, said that IPO at this stage would be helpful for the market, especially for the new players in the insurance segment.

Lovable Lingerie Ltd. (LLL), a Mumbai-based women's innerwear manufacturer, is entering capital market with a public issue on March 8, 2011. “Lovable” and “Desi Dee” are the flagship brands of the company. Lovable is amongst the top three most preferred brands in women’s innerwear in India (as per the CARE report).

INDUSTRY OVERVIEW The Reserve Bank of India (RBI) is the central regulatory and supervisory authority for the Indian financial system. A variety of financial intermediaries in the public and private sectors participates in India's financial sectors. These financial institutions include include- Commercial Banks NBFC Long-term lending institutions Insurance Companies Mutual Funds

Strong Assets Quality The Non Performing Assets (NPA) of the bank has declined significantly ank since 2005 from the levels of 8.11% to 0.36% currently on th back of the improved advances mix coupled with strong credit policy followed by PSB. The bank's provisional policies for the specif loan loss provision . specific remained higher than the regulatory requirement. Punjab & Sind Bank is maintaining provisioning coverage ratio of 90% as on March
31, 2010.

Wide Distribution Network and Infrastructure Punjab & Sind bank delivers product and services through a wide variety of distribution channel ranging from bank branches and ATMs. Bank has enviable branch network across India, with a presence predominantly in North India, a region which is rich in resources an offer great North and opportunity for resource mobilization. At present, bank's distribution network comprises 933 branches and 73 ATMs across India.

COMPANY PROFILE Punjab & Sind Bank is a GoI undertaking, incorporated in June 1908 in Amritsar. Bank was one of the six banks nationalized by the Government of India in April 1980, and today, the Bank is one of 19 nationalized banks in India. In over 100 years of operation, Punjab and Sind Bank has significantly grown our branch network with a presence predominantly in north India. As on Sept 30, 2010, Bank's network comprised of 933 branches and 73 ATMs across India.

Desk rates the Initial Public Issue (IPO) of Punjab & Sind Bank - Subscribe. The issue will open on Dec. 13, 2010 and close on Dec. 16, 2010 for retail investors and on Dec. 15, 2010 for Institutional Investors. The face value is Rs.
10 per share and the price band for the issue is Rs 113-120. It has offered 5% discount of the price band to retail investors. It is a 100% book building process aggregating over Rs 480cr.

The issue will open on Nov. 26, 2010 and close on Dec. 01, 2010 for retail investors and on Nov 30, 2010 for Institutional Investors. The face value is Rs. 10 per share and the price band for the issue is Rs 340-375. It is a 100% book building process aggregating over Rs 1230cr.

Coal India's initial public offering (IPO) has released a door of chance for non-banking finance companies (NBFCs) that make a fuss of in IPO funding.

According to sources, the NBFC appended to a bank that go through from a lack of sleep and the finance arm of a Mumbai-based broking firm, which has the name of an alien flower, are pushing their 'IPO funding' business to their rich clients in a big way. The firms have created 'profitable structures' for ability investors to borrow and empower in the IPO.

Be it because of the high price band or because of the high mortgage rates, the fact of the matter is that the hurting demand in India's once-booming housing market has been one of the major reasons of not being able to lure investors on the realty IPOs in the country.

It is estimated that the offering valued as high as $6 billion from the Indian property companies have taken a beating at the stock markets recently.

While the Indian realtors were looking at financing land acquisitions and to get hold of the runaway land prices, but the poor investor response have taken their hoped to the floor.

There is no denying the fact that the sensex has been back in the groove for the past many months now and as the bullish sentiment is expected to continue for the coming times, many companies have decided to knock the door of the stock markets.

In fact, analysts are also claiming this period as optimal for IPO listing on the markets. Players like Orient Green Power, Ramky Infrastructure and Electrosteel Steels have announced the opening of its IPO today.

While the consumer sentiment is getting better by the day and expansion is slated to happen across industries but the Insurance Regulatory Development Authority (IRDA) has recently said that it is in the process to introduce stringent disclosure norms for firms that plan to list on the stock market.

It is to be mentioned here that IRDA is a regulator for the Insurance industry and it is expected that the regulator will make it mandatory for an insurance company to disclose financial statements of the last five years before it files for an initial public offer (IPO).

Cantabil Retail India, the discount retailer thinks to hoist Rs 105 crore throughout its initial public offering which unbolts on September 22. The group on Friday settled the price band at Rs 127-Rs 135 per share.

There might be intensity of 48% stake, subsequent to the public issue. The issue shall be during a 100% book-building procedure, in which as a minimum 50% will be owed on in a proportion basis to qualified institutional buyers.

Indian arm of Eros Group, Eros International Media is going to come up with a public issues. The total money it plans to raise from this is going to be 3.50 billion rupees and as many as 20-22 million shares will be floated in the market. Each share is going to be priced 10 rupees and the price band of the issue is between 158-175 rupees each for equity share.

The issue which is going to close on September 21 will constitute up of 22-24 per cent of the total paid up capital of the company.

Subsidiary of HCC (Hindustan Construction Company), Lavasa Corporation has said that it will be coming up with a public issue very soon.

HCC is a big infrastructure company and is known for being the maker of the famous Bandra-Worli Sea Link and the worth of the issue is expected to be 2,000 crore rupees.

The company said that it expects the issue to come by December of this year and the information was given by a senior official of HCC.

One of India's largest microfinance firm Spandana Sphoorty Financial has shortlisted three financials firms for taking care of its IPO.

The total worth of the issue is $400 million and the name of the firms is Morgan Stanley, Citi and JM Financial.

Information was given by one of the person who is close to the development and did not want to be named. As per the source, the issue will be coming up by next year.

No official statement was made from Spandana. The source also added that the necessary papers have been filed with the regulator and is awaiting the approval.

Developer and operator of APM Terminals Pipavav, Gujarat Pipavav Port (GPPL) has decided the price band for its upcoming issue. The price band in rupees 42-48 per share and the total money of rupees 500 crore is expected to be raised through this.

The report first came out in CNBC TV 18 and the issue will be opened for subscription on August 23, 2010.

Besides this offer, the company has also decided to go for an offer to sell close to 1, 17,07,369 equity shares via its Infrastructure Fund of India, LLC and the India Infrastructure Fund, LLC. This issue will be closing on August 26.

The shares of new participant Asian Hotels surged 74 per cent to mar its closure at Rs 421.30, zooming 74.09 per cent over its listing price of Rs 242, on the Bombay Stock Exchange (BSE) on Thursday (August 05).

The shares of the company hit an intra-day peak of Rs 99.

On the National Stock Exchange (NSE), the stock belled the day at Rs 206.65 and rallied 102.2 per cent to close its first trading day at Rs 418.

The Rs. 297 crore initial public offer (IPO) from Bajaj Corporation has been able to outperform the expectations and has seen an over subscription by over 10.5 times. This happened on the third day of the issuing and happened mostly because of the high demand from the institutional investors.

The company is mainly into the business of making hair oil. The issue received a total bid of Rs. 3.88 crore during this period, said the data available with the NSE.