IPO Update

20 Microns Lists At Rs 80 On NSE

The equity shares of India’s largest white minerals producer, 20 Microns 20 Microns Lists At Rs 80 On NSE(20ML) got listed at Rs 80 on the National Stock Exchange (NSE), a premium of 45.45% from its issue price of Rs 55.

After listing with good premium, the scrip slipped downward.

At 9.55 a.m., the share of the company was trading at Rs 50 on the NSE at a discount of 9.09% to its issue price. The share hit an intraday high of Rs 80 and an intraday low of Rs 46. The total traded quantity stood at 66070 shares and turnover was Rs 36.11 lakh.

Gujarat Pipavav files DRHP with SEBI for 500 crore IPO

Gujarat Pipavav files DRHP with SEBI for 500 crore IPO Gujarat Pipavav Port Limited, the developer and operator of Pipavav port, the country’s first private sector port, has finally filed its Draft Red Herring Prospectus (DRHP) with market regulator (SEBI) for an Initial Public Offering aggregating to Rs 500 crore for cash at a price to be decided through a 100% book-building process.

Chemcel Biotech IPO Opens Today

Vijaywada based Chemcel Biotech (CBL) is all set to enter the capital market today (Sep Chemcel Biotech IPO Opens Today09), with an initial public offering (IPO) of 15,400,000 equity shares of Rs 10 each for cash at a premium of Rs 6.

The fixed priced issue will close on Friday (Sep 12, 2008).

The net issue to the public would be of 12,800,000 equity shares comprising 49.39% of the company’s post issue paid-up capital. The registrar to the issue is Bigshare Services. The equity shares of the company would be listed on the Bombay Stock Exchange.

Austral Coke Lists At Rs 206 On BSE

Kolkata-based Austral Coke and Projects got listed at Rs 206 on the Bombay Stock Austral Coke Lists At Rs 206 On BSEExchange (BSE), a premium of 5.10 percent from the issue price of Rs 196.

The scrip gained strength and touched a high of Rs 308.80. It also touched a low of Rs 206 thus far. At 10:03 am, the company’s shares stood at Rs 297 after hitting a high of Rs 308.80 and a low of Rs 206.

BSE has assigned a scrip code 533,016 to the company, while its shares will trade in the `B` group.

Trinity India to file DRHP with SEBI

Trinity India to file DRHP with SEBIPune based Trinity India (TIL), will s

Vishal Information Debuts At 13% Discount On NSE

Chennai-based non-voice BPO service provider, Vishal Information Technologies Vishal Information Debuts At 13% Discount On NSEgot listed on the National Stock Exchange (NSE) at a discount of 13.33% at Rs 130 as against its issue price of Rs 150.

The scrip gained strength and touched an intra-day high of Rs 184. It also touched an intra-day low of Rs 125.60 thus far. The scrip was trading around Rs 177 and more than 10.81 lakh shares exchanged hands on the NSE.

Similar movement was seen on the Bombay Stock Exchange, where the scrip of the company got listed at Rs 150.

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