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IPO News

Ortel Comm IPO: See limited listing gains, says Emkay Emkay Global Financial Services has come out with its analysys on Ortel Communications IPO. "Focus on last mile connectivity is the key positive for the company, which seems to be largely priced-in. Ortel is valued at 12.1x/13.3x lower/upper price band on annualized FY15 EV/EBITDA. We see limited gains from the listing price", says the report.
Tue, 03 Mar 2015 16:18:09 +0530
VS Fernando According to VS Fernando, Ortel Communications is a loss-making but cash-generating company whose net worth was less than Rs 6 cr at the end of last fiscal is vying for a market cap of more than Rs 600 cr! "One should be cautious while investing in the issue", says the expert.
Tue, 03 Mar 2015 13:10:38 +0530
Avoid Ortel Communications, says Hem Securities Ortel Communications’ control the 'Last mile' connection business model is beneficial in many aspects but looking at the financial performance of company in last few fiscals, the issue looks overpriced at current level, so investors can "Avoid" the issue, says Hem Securities.
Tue, 03 Mar 2015 11:38:55 +0530
Adlbas IPO opens on Mar 10; Rs 221-230/share price set The Manmohan Shetty-promoted company will sell up to 2,03,26,227 equity shares of face value of Rs 10. The issue comprises a fresh issue of 18,326,227 equity shares and an offer for sale of 2,000,000 equity shares by Thrill Park Limited.
Mon, 02 Mar 2015 20:17:55 +0530
Revival signs in IPO market; 2 issues lined up in March Many companies are expected to launch their IPOs in the coming months following the green signal received by market regulator Securities and Exchange Board of India (Sebi).
Sun, 01 Mar 2015 12:19:48 +0530
Adlabs Entertainment IPO to open on March 10 The equity shares are proposed to be listed on the BSE as well as the National Stock Exchange. Adlabs Entertainment, which filed its initial papers with Sebi in May, had received market regulator's approval in October to float its IPO.
Thu, 26 Feb 2015 18:35:37 +0530
Ortel Communications IPO to open on March 3 Ortel, a regional cable television and broadband service provider, plans to enter capital markets with a public issue of up to 1.2 crore equity shares of face value of Rs 10 each.
Wed, 25 Feb 2015 18:09:14 +0530
Akme Star to raise Rs 4.8 cr via IPO; issue opens on Feb 25 A home loans finance provide compay, Akme Star Housing Finance is going to raise Rs 4.8 cr via its initial public offering (IPO) of 16 lakh equity shares, which is going to open on February 25, 2015.
Fri, 20 Feb 2015 16:56:05 +0530
Videocon D2H's Rs 700 cr IPO may get delayed Videocon D2H Ltd, the satellite television arm of Videocon Group, wrote to Sebi about the issue on February 9, requesting to keep the processing in abeyance.
Mon, 16 Feb 2015 17:34:10 +0530
IPOs of Shree Pushkar Chemicals, ACB (India) get Sebi's nod Sebi had issued its final 'observations' on the draft offer documents of Shree Pushkar chemicals and fertilizers and ACB (India) on February 2 and February 6 respectively, according to the latest update by the market watchdog.
Tue, 10 Feb 2015 14:23:53 +0530
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Politics

The Coal Mines (Special Provisions) Bill, 2015, would replace two ordinances after the apex court cancelled the allocation of 204 blocks.
The Home Minister said, "I have spoken to Information and Broadcasting Ministry and a wrote letter to External Affairs Ministry as well."
Manish Tewari said, "Why did the Prime Minister let the Foreign Secretary go to Pakistan?"
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India

The Coal Mines (Special Provisions) Bill, 2015, would replace two ordinances after the apex court cancelled the allocation of 204 blocks.
A Kalyan resident Ashok Gautam (57), who is associated with the movement has been getting messages in his account about harming Hazare since last three weeks following which he lodged a complaint on Tuesday night.
The court on Wednesday directed the Delhi Police to take action against those who publish or broadcast the contents of the documentary.
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Tech

With the colours and moisture (literally, buckets of water) around, we bring you some handy tips to protect your smartphone in smart yet easy ways.
Tinder's premium paid subscription version drew criticism over a pricing system that charges older users more.
Google will help MyGov, the citizen engagement platform of the government of India, to launch a nationwide contest to build a mobile app for the Prime Minister's Office.
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