July 9, 2011 by | No Comments
Bharatiya Global Infomedia Ltd (BGIL) is a technology based company, is in the business of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio. BGIL focusing on the sectors such as Information Technology security and compliance automation software solutions and technology related to media & entertainment industry with focus on research & [...]
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February 28, 2011 by | No Comments
Finance Minister Pranab Mukherjee on Monday presented to parliament India’s budget for the coming financial year beginning in April. Here are the highlights: * Net market borrowing for 2011-12 seen at Rs 3.43 trillion. * Revised gross market borrowing for 2010-11 at Rs 4.47 trillion FISCAL DEFICIT * Fiscal deficit seen at 5.1 percent of [...]
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January 31, 2011 by | No Comments
Sanco Industries plans a public issue of 75 lakh equity shares having a face value of Rs 10 each. It has filed draft red herring prospectus with the market regulator SEBI. Polyvinyl chloride (PVC) manufacturer Sanco Industries plans a public issue of 75 lakh equity shares having a face value of Rs 10 each. It [...]
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January 31, 2011 by | No Comments
Noida-based Goodwill Hospital and Research Centre has filed draft red herring prospectus (DRHP) with the market regulator SEBI for its initial public offering (IPO) of Rs 62 crore with one detachable warrant per equity share offered. Goodwill Hospital is engaged in running a multi-specialty hospital at Noida under the brand Ojjus Medicare, with a super specialty [...]
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January 31, 2011 by | No Comments
Transformers manufacturer M and B Switchgears has proposed to enter capital market for funding its forthcoming solar photovoltaic power plant, with a public issue of 50 lakh equity shares (face value of Rs 10 each). It has filed draft red herring prospectus (DRHP) with SEBI. The issue will constitute 25% of the post-issue paid-up equity share [...]
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January 31, 2011 by | No Comments
Tribhovandas Bhimji Zaveri, a well-known and trusted jewellery retailer in India, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a public issue of 16,666,667 equity shares of face value of Rs 10 each for cash at a price (including a share premium per equity share) [...]
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January 15, 2011 by | No Comments
The Securities and Exchange Board of India (SEBI) on Friday said billionaire Anil Ambani cannot invest in publicly-listed securities until the end of this year, and barred two of his companies from such investments until the end of 2012. SEBI said Reliance Infrastructure and Reliance Natural Resources, which has since been merged into Reliance Power, [...]
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January 11, 2011 by | No Comments
India’s largest steel company Tata Steel’s board of directors have approved follow-on public offer (FPO) of 57 million ordinary shares of Rs 10 each. This includes reservation for eligible employees to the tune of 1.5 million ordinary shares of Rs 10 each. The price band and the minimum bid lot for the issue will be decided by the company in [...]
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January 11, 2011 by | No Comments
With Coal India leading the pack, the year 2010 witnessed a number of successful Initial Public Offers (IPO). As per the report by SMC Global Securities, more than 59,500 crore was raised through IPOs during the year. Well, in 2011 also it seems that history will repeat itself. Going with the same SMC Global Securities [...]
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