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Sunday, February 17, 2008

KNR Constructions Limited Listing Date 18th February 2008

KNR Constructions Limited is an infrastructure project development company providing engineering, procurement and construction services across various fast growing sectors namely roads & highways, irrigation and urban water infrastructure management.

KNR's project execution strength primarily is in road transportation engineering projects namely construction and maintenance of roads, highways, flyovers and bridges. Presently they are executing 24 contracts spread across various states in the country. KNR's clients are governmental agencies like the NHAI, and public works department under the State Governments of Andhra Pradesh, Madhya Pradesh, Karnataka, Tamil Nadu and Uttar Pradesh.

KNR Constructions Limited IPO Information

Public Issue Open: January 24, 2008 to January 29, 2008
Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
Public Issue Size: 7,874,570 Equity Shares of Rs. 10/-
Face Value: Rs. 10/-
Public Issue Price: Rs. 170/- to Rs. 180/- Per Equity Share
Market Lot: 35 Shares
Minimum Order Quantity: 35 Shares
Maximum Subscription Amount for Retail Investor: Rs 100,000/-
Listing : BSE, NSE
Lead Manager: Axis Bank Limited

IPO Listing Date: Monday, February 18, 2008
BSE Script Code: 532942
NSE Symbol: KNRCON
Listing in: B1 Group of Securities
Issue Price: Rs. 180/-
ISIN: INE634I01011
Face Value: Rs 10/- Per Equity Share

Reliance Power Bonus Share

Reliance Power Board will give free bonus shares to all it’s shareholders to compensate the losses everyone of us suffered when the company was listed a week ago and now trading at Rs 375.

Reliance Power Bonus shares record date will be decided in the meeting on 24th Feb 2008. The bonus shares will be given to ALL SHAREHOLDERS and NOT ONLY to those retail investors who have applied for RPOWER [Rel Power] IPO shares.

Reliance Power board will not allot the bonus shares to company promoters. The company had issued the shares at Rs 450 while giving a discount Rs 20 a share to retail investors and accrued Rs 7,500 crore from IPO.

Anil Dhirubhai Ambani Group’s Reliance Power shares are poised for up move on this news tomorrow on 18th Feb, Monday. On the listing day, Reliance Power share was down by 32%.

Thursday, February 14, 2008

Stock Market Prediction for 15th February 2008


Market may open down. Market would be volatile & show significant ups and down. Market may down between 09.59 and 10.27. Market may steady or down side between 11.27 and 12.29. Market may close at down or near to previous closing.

Today Markets may see profit booking at higher levels. On 14th February 2008, The BSE Sensex closed 817.49 pts up at 17,766.63 while the NSE Nifty closed 272.55 pts up at 5,202. Market breadth on BSE showed 2,068 advances and 684 declines. Biggest index gainers were BHEL (up 13.54%), Reliance Energy (10.39%), Reliance Communications (9.94%), Hindalco Industries (9.37%) and ONGC (9.33%).

Opening Bell Call
Buy

RELIANCE - Reliance Industries Ltd
ONGC
- Oil & Natural Gas Corpn Ltd
RPL
- Reliance Petroleum Limited
ESSAROIL - Essar Oil Limited
RNRL - Reliance Natural Resources Limited
UNITECH - Unitech Ltd
RPOWER - Reliance Power Limited
ORCHIDCHEM - Orchid Chemicals & Pharmaceuticals Ltd
PUNJLLOYD - Punj Lloyd Limited
PFC - Power Finance Corporation Limited

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