Aug 7, 2009

NHPC IPO Detail

NHPC IPO details ::Issue Period: August 7, 2009 to August 12, 2009Bid Lot: 175 equity shares and multiple of 175 thereofPrice Band: Rs.30 to Rs.36Issue highlights ::NHPC is th e largest Hydro Power Company in India with a current total installed capacity of 5,175 MW. With 13 operating stations including Joint Ventures, it accounts for 14% of the Hydro Power capacity in India.NHPC has been awarded status of “Mini-Ratna” category-I PSU in April 2008 in recognition of its performance.This Issue has been graded by ICRA Limited and has been assigned a Grade of 3/5.

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Jul 29, 2009

Shriram Transport Finance Company Ltd (STFC)

One of the largest asset financing NBFCs in India, plans to enter the debt capital market on 27 July, 2009 with a public issue of Non Convertible Debentures (NCDs) aggregating up to Rs. 500 cr with an option to retain over-subscription of upto Rs. 500 cr for issuance of additional NCDs.Details of the Issue is as followed :Issue Period : July 27, 2009 to August 14,2009 (With the option of closing earlier or extended upto a period of 1 month).Stock Exchange Proposed listing : NSE.Tenor : 3/5 years depending upon option applied.Interest on Application Money : 8% pa on the allotted amount.Interest on refunds : 2.5% pa on valid refund amount.Basis of allocation : First come first basis.Tax Implication : No Income tax is deductible at source on Interest..Rating : 'CARE AA+' by CARE and 'AA' by Fitch .
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Jul 27, 2009

Adani Power Limited IPO

Particulars
Adani Power Limited Ltd
Planning to Offer
30,16,52,031 no. of equity shares
Face value
Rs.10/- each at a price to be discovered through book building process
Price band announced
Rs.90/- to Rs.100/- per equity share
Issue is scheduled to pen
28.07.2009
Issue is scheduled to close
31.07.2009
Managers to the Issue
DSP Merrill Lynch Ltd, Enam Securities Pvt. Ltd, IDFC – SSKI Limited, JM Financial Consultants Pvt. Ltd, Kotak Mahindra Capital Limited, Morgan Stanley India Company Private Limited, ICICI Securities Limited and SBI Capital Markets Limited.

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