Three IPOs to hit stock markets next week; to mop up Rs 800 crore

THE ECONOMIC TIMES Fri, Aug 21, 2015 | 08:01 AM IST ET Investment Opportunities

Three IPOs to hit stock markets next week; to mop up Rs 800 crore Three IPOs to hit stock markets next week; to mop up Rs 800 crore Aiming to tap into the upbeat investor sentiment, three firms will hit the capital markets next week, to raise an estimated over Rs 800 crore through IPOs. Sebi clears rights issue of 2 companies; total reaches 10 in 2015 Sebi clears rights issue of 2 companies; total reaches 10 in 2015 Issuance of 'observations' on offer documents by Sebi is considered as a clearance to the issuer to go ahead with the share issues. IPO market heats up, 30 companies ready Rs 16,000 crore offers IPO market heats up, 30 companies ready Rs 16,000 crore offers So far in 2015, 10 companies have mobilised about Rs 4,700 crore through IPOs, higher than funds raised in the preceding two years. Navkar Corporation's Rs 600-crore IPO to open on August 24 Navkar Corporation's Rs 600-crore IPO to open on August 24 The bidding will close on August 26. With this issue, Navkar Corporation will be the 11th company to hit the capital markets this year.

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   Navkar Corporation Ltd. 147.00 - 155.00 24-08-2015 26-08-2015 Pennar Engineered Building Systems Ltd. 170.00 - 178.00 25-08-2015 27-08-2015 Shree Pushkar Chemicals & Fertilisers Ltd. 61.00 - 65.00 25-08-2015 27-08-2015 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   Reliance FHF XXIX Series 3 Direct-G Debt: FMP Closed-end 12 Aug 2015 25 Aug 2015 5,000 Reliance FHF XXIX Series 3 Direct-D Debt: FMP Closed-end 12 Aug 2015 25 Aug 2015 5,000 Reliance FHF XXIX Series 3 Reg-G Debt: FMP Closed-end 12 Aug 2015 25 Aug 2015 5,000 Reliance FHF XXIX Series 3 Reg-D Debt: FMP Closed-end 12 Aug 2015 25 Aug 2015 5,000 UTI Fixed Term Income Sr XXII-XV (1098D) Reg-G Debt: FMP Closed-end 13 Aug 2015 27 Aug 2015 5,000 More >>

Real Estate News

Basements can be sold and registered independently in Haryana In a landmark judgment that is bound to bring relief to property owners, the Supreme Court ruled onSeptember 17 that basements of residential houses can now be sold and registered separately in Haryana. Store in style Store in style NRI demand in Indian realty up in Oman Indian developers do visit Muscat periodically to organise individual road shows but here again local licensing laws impose stringent stipulations without which it would be difficult to reach the target audience. What makes Noida Extension first choice of property buyers The future holds great promise both for individual buyer who wants a house to live and investors both individual and large.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   ICICI Pru Capital Protection Oriented Ser VIII 1290D Plan I Direct-D Hybrid: Debt-oriented Conservative Closed-end 08 Aug 2015 22 Aug 2015 5,000 ICICI Pru Capital Protection Oriented Ser VIII 1290D Plan I Direct-G Hybrid: Debt-oriented Conservative Closed-end 08 Aug 2015 22 Aug 2015 5,000 ICICI Pru Capital Protection Oriented Ser VIII 1290D Plan I Reg-G Hybrid: Debt-oriented Conservative Closed-end 08 Aug 2015 22 Aug 2015 5,000 ICICI Pru Capital Protection Oriented Ser VIII 1290D Plan I Reg-D Hybrid: Debt-oriented Conservative Closed-end 08 Aug 2015 22 Aug 2015 5,000 UTI Capital Protection Oriented Scheme Sr VI-I (1098 D) Reg-G Hybrid: Debt-oriented Conservative Closed-end 10 Aug 2015 24 Aug 2015 5,000 More >>

Views and Recommendations

Markets could be challenging till September; all eyes on global trend: Ashwani Gujral 20 August, 2015, 05:33 PM IST Somewhere, it seems that good news is not been able to take market higher now and August and September could be challenging, says Gujral. Bearish Break below 8,325 on Nifty would confirm a downtrend: Mitesh Thacker 20 August, 2015, 05:25 PM IST Starting from the first week of July, we have had three or four important swing lows around the 8,350-8,325 mark, says Thacker. Downtrend Profit booking by institutions may have triggered steep fall in Vakrangee: Ambareesh Baliga. 20 August, 2015, 05:08 PM IST Once big boys start booking profits, it has a cascading effect because the rest also tries to exit the counter, says Baliga. Bearish Sell M&M with a target of Rs 1,290: Mitesh Thacker 20 August, 2015, 03:21 PM IST 'Mahindra & Mahindra Ltd. is a 'SELL' call with a target of Rs 1,290 and a stop loss of Rs 1,350' Sell

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