Tuesday, 27 April 2010

SJVN IPO Satluj Jal Vidyut Nigam IPO: Review Analysis & Details

SJVN Satluj Jal Vidyut Nigam is a Hydro electric power company run by the state whose Initial Public Offering or IPO is going to open on 29th April 2010.
In this article, we will look at the Review, Analysis and Details of the SJVN Satluj Jal Vidyut Nigam IPO and try to do the Review and analysis of SJVN Satluj Jal Vidyut Nigam IPO. SJVN Satluj Jal Vidyut Nigam

SJVN Satluj Jal Vidyut Nigam IPO: Review Analysis & Details

Some basic details first about the SJVN Satluj Jal Vidyut Nigam IPO, which are available as of now:

- The size of SJVN Satluj Jal Vidyut Nigam IPO is expected to be around 12 billion Rs.

- The company is in the business of Hydro electric Power generation. As per their site, The SJVN Ltd (formerly Nathpa Jhakri Power Corporation Limited - NJPC ) was incorporated on May 24, 1988 as a joint venture of the Government of India ( GOI ) and the Government of Himachal Pradesh (GOHP) to plan, investigate, organize, execute, operate and maintain Hydro-electric power projects. The present authorized share capital of SJVN is Rs 7000 crores.

What is the issue size of the SJVN Satluj Jal Vidyut Nigam IPO?
Around 12 billion Rs is the size of the IPO.

How will the capital raised by SJVN Satluj Jal Vidyut Nigam IPO be used?
No info about that

What is the price band of SJVN Satluj Jal Vidyut Nigam IPO?
The price band is at 23 to 26 Rs. per share - final price to be decided by a 100% book building process

How many shares will be sold in the SJVN Satluj Jal Vidyut Nigam IPO?
The total no. of shares to be sold through this IPO is around 41.5 Crore shares.

What is the trading symbol & exchange for the SJVN Satluj Jal Vidyut Nigam IPO
No info about that

What are the IPO dates for SJVN Satluj Jal Vidyut Nigam IPO
The IPO for SJVN Satluj Jal Vidyut Nigam will open on dates 29 April to 3rd May 2010

Any ratings given to SJVN Satluj Jal Vidyut Nigam IPO?
No info about that

What are the analysts recommendations for this IPO?
The market experts believe that SJVN Satluj Jal Vidyut Nigam IPO is costly at higher price band of 26, but can be betted for in the price range of 22 to 25 Rs per share. As the demand for power for the ever growing population is increasing, the power companies are sure to benefit, and state run companies always have a headstart in that. However, the valuations should be done by the investors properly.

What are the business results for SJVN Satluj Jal Vidyut Nigam?
No info about that

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