Subject: Upcoming IPO - Paramount / Innoventive Ind, IPO Bidding - Muthoot Finance
1. Upcoming IPO - Paramount Printpackaging Ltd
Paramount Printpackaging Limited (PPPL) is entering in the capital markets with an initial public offering, IPO of 13,094,175 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 32/- at lower level and Rs 35/- at upper level.
The issue opens on Apr 20, 2011 and closes for subscription on Apr 25, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Click on the below link to find more detail about Paramount Printpackaging IPO:
2. Upcoming IPO - Innoventive Industries Ltd
Innoventive Industries Ltd is entering in the capital markets with an initial public offering, IPO of Rs 219.58 Crore. The issue opens on Apr 26, 2011 and closes for subscription on Apr 29, 2011.
Innoventive Industries Ltd is a multi-product engineering company engaged in the business of manufacturing and sale of precision steel tubes, tubular components, auto components, machined components and other steel products.
Click on the below link to find more detail about Innoventive Industries IPO:
3. Muthoot Finance Ltd IPO subscribed 0.16 times on its day 1. Muthoot Finance IPO opens today on Apr 18, 2011 and will close on Apr 21, 2011 for subscription. Muthoot Finance has received bids for 71,00,520 shares as against issue size of 4,37,75,000 shares.
Oversubscription detail for Day 1
Qualified Institutional Buyers (QIBs): 0.26 Times
Non Institutional Investors: 0.02 Times
Retail Individual Investors (RIIs): 0.12 Times
Total: 0.16 Times