Subject: Upcoming FPO - NMDC Ltd / IPO Bidding - United Bank
Hello Friend,
1. Upcoming FPO - NMDC Limited
NMDC Ltd is coming out with a a follow-on public offer (FPO) of
332,243,200 Equity Shares of Rs.1 for cash, at a premium to be
decided through a 100% Book built issue. NMDC Ltd is a fully
Government of India owned public enterprise. NMDC is under the
administrative control of the Ministry of Steel, Government of
India. NMDC involved in the exploration of wide range of minerals
including iron ore, copper, rock phosphate, lime stone, dolomite,
gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite,
beach sands etc.
The issue opens on March 10, 2010, and closes for subscription on
March 12, 2010. The equity shares of the company are proposed to
be listed on the Bombay Stock Exchange (BSE) and National Stock
Exchange (NSE). The book running lead managers of the issue are
Citigroup, Edelweiss, Kotak Mahindra, Morgan Stanley and UBS
Securities. Karvy Computershare Pvt Ltd is the registrar.
Click on the below link to find more detail about NMDC Limited
FPO:
http://www.chittorgarh.com/ipo/ipo_detail.asp?a=230
2. United Bank of India IPO finally subscribed 33.38 times.
United Bank of India IPO was open on Feb 23, 2010 and closed
today on Feb 25, 2010 for subscription. United Bank has received
bids for 1,66,88,50,900 shares as against issue size of
5,00,00,000 shares.
Oversubscription detail
Qualified Institutional Buyers (QIBs): 47.0824 Times
Non Institutional Investors: 39.1525 Times
Retail Individual Investors (RIIs): 9.8038 Times
Employee: 0.5301 Times
Total: 33.38 Times
Click on the below link to find more detail about United Bank of
India IPO:
http://www.chittorgarh.com/ipo/ipo_detail.asp?a=230
3. Hathway Cable IPO listed at the discount of 13.42%.
Click on the below link to find detail listing day trading info
about Hathway Cable IPO:
http://www.chittorgarh.com/ipo/ipo_detail.asp?a=225
Good Luck!
Chittorgarh.com Team