Oil India IPO OIL IPO: Review Analysis & Details

So finally, the government has given the nod for the OIL India IPO. We have been tracking this issue since August 2008, when there were strong news that OIL India IPO may hit the markets. Sooner or later, it has arrived. The news is that it may open on September 7, 2009, so investors, keep your money ready by that time.
In this article, we will look at the review, analysis and fine details of the Oil India IPO and try to do the Review and analysis of Oil India IPO.
Some basic details first, as per DRHP filed by the company on December 14, 2007:
What is the issue size of the Oil India IPO?
The issue size is not known currently. But it is learnt that the public issue will be for selling around 26,449,982 (26 million) equity shares

What is the face value or nominal value of Oil india IPO?
The face value is the standard Rs 10 each.

How is the share distribution done?
Public sale portion is of up to 24,045,438 equity shares & there are some 2,404,544 equity shares reserved for employees.

The issue will be around 11% of the fully diluted post-issue capital of the company.

How will the capital raised by OIL India IPO be used?
The use of capital will be as follows:
1. exploration and appraisal activities;
2. development activities in producing fields
3. purchase of capital equipments and contracts for facilities
4. diversification of existing business in downstream activities

What is the price band of the Oil India IPO
The price band for shares of Oil India IPO is not yet decided.

What is the trading symbol & exchange for the Oil India IPO
No info is available about the trading symbol, but the listing will be on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE)

What are the IPO dates for Oil India IPO
The IPO for OIL India is expected to come out on September 7th, 2009.

Who are the underwriters of the Oil India IPO?
JM Financial Consultants, Morgan Stanley, Citigroup and HSBC Securities are the book running lead managers to the issue. Karvy is the registrar.

What are the analysts recommendations for this IPO?
The demand for Oil & Enrgy is going to increase leaps and bounds. With the scarcity of Alternative Energy sources being identified and implemented in countries like India, the Oil companies are expected to be benefitting if they can generate good business. Moreover, the government has recently given open freedom to companies to decide the prices. Hence, you can expect some better business prospects for OIL India

Marico Bangladesh IPO: Review Analysis & Details

After so many months, a new IPO or Initial Public Offering is expected to hit the stock markets of Bangladesh. The company bringing out the IPO is a consumer care company based in India and its subsidiary in Bangladesh is set to come out with a local IPO for Bangladesh. It's the Marico Bangladesh IPO. In this article, we will look at the review, analysis and fine details of the Marico Bangladesh IPO.
Some basic details first:
What is the issue size of the Marico Bangladesh IPO?
The Marico Bangladesh IPO is planning to raise around 2 million USD thorough the IPO.

What is the company profile & business for the Marico Bangladesh IPO
The company is in the business of consumer care - basically, its the largest cocunut hair oil producing company of India. It has a subsidiary since last 7 years in Bangladesh and it is this local subsidiary which is bringing out the IPO.

How many shares will be offered for sale for the Marico Bangladesh IPO?
Around 1.49 million shares or around 5% of the total share offering are expected to be sold through the Marico Bangladesh IPO.

What is the price band of the Marico Bangladesh IPO
The shares of Marico Bangladesh IPO are offered in the price range of 90 Taka per share.

What is the trading symbol & exchange for the Marico Bangladesh IPO
no info is available about the trading symbol, but the listing will be on Dhaka Stock Exchange and Chittagong Stock Exchange

What are the IPO dates for Marico Bangladesh IPO
The IPO for Marico Bangladesh is expected to come out next month.

What are the financial results and position for Marico Bangladesh IPO
Despite the recession, the company has managed to show good results. There were sales of Rs212 crore in 2008-09, and has been growing at a compounded annual growth rate of 70% for the past three years.

Who are the underwriters of the Marico Bangladesh IPO?
No info about that.

What is the current share holding pattern of Marico Bangladesh ?
As of now, the parent company marico India is the sole share holder.

What are the analysts recommendations for this IPO?
Some of the stock market analysts are surprised by this move from Marico, because the amount of money raised is not significant. Also, the company has claimed that it does not really need money, but is coming out with the IPO for better brand building. Some analysts feel that it may be gathering capital for a local acquisition

LogMeIn IPO: LOGM IPO: Review Analysis & Details

After so many months, a new IPO or Initial Public Offering is expected to hit the stock markets. The company bringing out the IPO is a technology company called LogMeIn and is known to have the backing of the tech giant Intel. In this article, we will look at the review, analysis and fine details of the LogMeIn IPO.
Some basic details first:
What is the issue size of the LogMeIn IPO?
The LogMeIn IPO is planning a 100 million USD offering.

What is the company profile & business for the LogMeIn IPO
The company is in the business of providing on-demand remote-connectivity services to small business and consumers, and derives most of its revenue from subscriptions

How many shares will be offered for sale for the LogMeIn IPO?
Around 6.7 million equity shares are expected to be sold through the LogMeIn IPO.

What is the price band of the LogMeIn IPO
The shares of LogMeIn IPO are offered in the price range of USD 14 to USD 16 per share.

What is the trading symbol & exchange for the LogMeIn IPO
The company has selected LOGM as the stock ticker symbol and will be listing on NASDAQ stock exchange

What are the IPO dates for LogMeIn IPO
The IPO for LogMeIn is expected to be priced on July 1, while the trading will commence for the same on July 2 on the exchanges.

What are the financial results and position for LogMeIn IPO
Despite the recession, the company has managed to double the profits in 2008 taking it to around 52 million USD. Though this is not the consistence performance, since it was hit by repetitive losses.

Who are the underwriters of the LogMeIn IPO?
Barlays Capital & JP Morgan are the lead underwriters or Book Running Lead Managers BRLM for the issue. They will have the option to buy additional 1 million shares in case of over-allotments.

What is the current share holding pattern of LogMeIn ?
Backed by Intel which has around 5.4 percent of the shares, Prism Venture Partners has around 24% stake and and Polaris Venture Partners with a 21 percent shares

Mahindra Holidays IPO: MHRIL IPO: Current Subscription Status

Following our article on Mahindra Holidays IPO: MHRIL IPO: Review, Analysis & Details . This data is sourced from NSE and is liable to be changed as the time proceeds. In this article, we provide details about the Current Subscription Status of Mahindra Holidays IPO or Latest Subscription Status of Mahindra Holidays IPO.
Total Issue Size: 9265275
Total Bids Received: 3758940
Total Bids Received at Cut-off Price: 180140
No. of times issue is subscribed: 0.41

Sr.No.	Category	No.of shares offered/reserved	No. of shares bid for	No. of times of total meant for the category
1	Qualified Institutional Buyers (QIBs)	5559165	3522620	0.6337
1(a)	Foreign Institutional Investors (FIIs)		1595000
1(b)	Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)		863620
1(c)	Mutual Funds		1064000
1(d)	Others		0
2	Non Institutional Investors	926527	13980	0.0151
2(a)	Corporates		13100
2(b)	Individuals (Other than RIIs)		880
2(c)	Others		0
3	Retail Individual Investors (RIIs)	2779582	185060	0.0666
3(a)	Cut Off		146500
3(b)	Price Bids		38560

Updated as on 24 Jun 2009 at 1700 hrs

Mahindra Holidays IPO: MHRIL IPO: Review, Analysis & Details

So is it the time for stock market revival and the economy again moving out of recession? Well, nobody knows, but the Mahindra Holidays and Resorts India Ltd (MHRIL), belonging to Mahindra Group and better known as Club mahindra IPO, has decided to take the shot in the primary market. It is coming out with its Initial Public Offer or IPO.
Let's see the fine details of the Mahindra Holidays IPO and see if this Mahindra Holidays IPO is worth applying for, should the investors bet their money on Mahindra Holidays IPO or whether the Mahindra Holidays IPO good enough or not.

What is the primary purpose for the Mahindra Holidays IPO?
The Mahindra Holidays IPO has been launched to raise money for funding its existing business. A part of the capital raised will also be used for expansion of projects across the country.

Is this the right time for Mahindra Holidays IPO, given the fact that the economy has been seeing lot of problems?
That's the million dollar question. When things go bad, as they have been in the last years, the first thing that is hit is the leisure and luxury. When people suffer for basic necesities, the luxury things are kept aside. Hence, Holidaying and leisure business takes a bit toll. However, Mahindra Holidays claim that they are not hit by the recession. They claim that the no. of members for them have increased significantly.
Though they have not given any details about the membership status, but the fact is that they remain one of the major holiday business companies of India. India has been a country which was shielded from recession, so there is a lot of weightage behind this claim.
Moreover, now with a stable government and economy showing signs of revival, it appears that Mahindra Holidays IPO is well set to come out with the IPO.

How many shares will be offered through the Mahindra Holidays IPO?
A total of 92,65,275 shares are being offered through the Mahindra Holidays IPO .

What is the price band for the Mahindra Holidays IPO?
The price band is between Rs. 275 to 325 per equity share

What are the date for the Mahindra Holidays IPO?
The Mahindra Holidays IPO will open on date June 23 and closes on June 26, 2009.

What are the plus points of Mahindra Holidays IPO?
The company is debt free.
It has a presence across all over India with all major tourist destinations covered.
The plans for expansion are also there. They are coming up with the "spa" facilities and adventure tourism.
They are also conceptualising the "budget holidays" at lower rates.
The primary target customers for this company have been higher income group people, who dont mind spending that extra for leisure.

The Mahindra Holiday Group has a total of 27 resorts out of which 11 are fully owned by the Group, 12 are on a long lease

RHI Entertainment IPO

Another IPO in the US stock markets, this time from a entertainment company called RHI Entertainment

What is the size of the RHI Entertainment IPO?
The RHI Entertainment IPO expects to raise around $198.2 million from the IPO, or $227.9 million if the underwriters exercise their option to buy additional shares.

How many shares will be offered for sale through the RHI Entertainment IPO?
A total of 12.5 million shares will be sold through the RHI Entertainment IPO.

What is the price range or price band of the RHI Entertainment IPO shares?
The RHI Entertainment IPO shares are priced in the price band of $16 and $18 per share.

Where will the IPO proceeds of capital raised be used by the RHI Entertainment IPO?
The IPO proceeds, together with proceeds from a new credit facility and other borrowings, will be used to repay debt, pay fees and expenses related to the company's reorganization and for general corporate purposes.

What is the primary business valuations of RHI Entertainment?
RHI develops, produces and distributes new made-for-television movies, miniseries and other television programming. RHI also owns the rights to roughly 1,000 titles of long-form television content, which it licenses to broadcast and cable networks around the world. The majority of the company's revenue comes from the licensing of programming. RHI customers include broadcast and cable networks such as ABC, CBS, Lifetime and the USA Network, as well as international broadcasters.

What are the financial results of RHI Entertainment IPO?
For the three months ended March 31, the company reported a loss of $20.2 million on revenue of $22.2 million.
The company noted that it has booked losses in the past largely due to amortization of film production costs and interest expense on outstanding debt.

Who are the lead underwriters of the RHI Entertainment IPO issue?
JPMorgan and Banc of America Securities LLC are serving as the IPO's lead underwriters. Cowen & Co. and Thomas Weisel Partners are also backing the offering.

The underwriters have an option to buy up to 1.9 million additional shares to cover any overallotments. The company plans to list its shares on the Nasdaq Global Market under the symbol "RHIE."

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Aravali Infra Power IPO

Another IPO from the Infra Power sector is going to hit the Indian markets very soon. Aravali Infra Power, engaged in turnkey projects in power transmission and manufacturing of aluminium cables, plans to come out with an IPO or initial Public Offering.

What is the size of the Aravali Infra Power IPO?
The Aravali Infra Power IPO plans to raise around 125 Crore Rs. from its IPO or initial Public offering.

What are the business valuations of Aravali Infra Power IPO?
The company has recently taken over three companies in Lucknow, Chandigarh and Gujarat is eyeing a turnover of Rs 700 crore in this financial year from the power sector alone. Aravali Power has acquired Pioneer Construction of Lucknow, Techno Engineering of Chandigarh and Parikh Electra of Gujarat. The total acquisition cost of these 3 companies is around 15 Crore Rs.
In 2009-10, they are eyeing a turnover of more than 1,000 Crore Rs.

What are the future prospects of Aravali Infra Power IPO?
The Aravali Infra Power has also set up a unit at Sitarganj in Uttarakhand for the production of aluminium conductors. The present capacity of the plant is 36,000 km of aluminium conductors.
It is also setting up a unit in Haryana for manufacturing transmission towers with a capacity of 36,000 tonnes per annum, the unit is expected to be commissioned in 2-3 months time.
Aravali Power has also bagged a Rs 30 crore order from Dakshin Haryana Bijli Vitran Nigam on a turnkey basis.

What are the opening dates for the Aravali Infra Power IPO?
The Aravali Infra Power IPO is expected to come to the markets within next 6 months.

What is the price range for the Aravali Infra Power IPO shares? No details are available about the Aravali Infra Power IPO share price.

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Bangkok Life Assurance IPO

There is a new IPO planned by an Insurance firm in Thailand. The IPO is expected in August. The firm which is bringing out the IPO or Initial Public Offering is Bangkok Life Assurance PCL, which is a sister concerned company of Thailand's biggest lender Bangkok Bank.

When is the Bangkok Life Assurance IPO expected to open for subscription/application?
The Bangkok Life Assurance IPO will come to the markets by August, 2008.

What is the price per share of Bangkok Life Assurance IPO?
The Bangkok Life Assurance IPO shares have been priced at the rate of around 5 baht per share. This price estimate is derived from the expected size of the Bangkok Life Assurance IPO and the total number of shares to be sold.

What is the expected size of the Bangkok Life Assurance IPO?
The Bangkok Life Assurance IPO expects to raise around 1 billion baht through the initial public offering.

How many shares will be offered for sale through the Bangkok Life Assurance IPO?
A total of 200 million shares will be offered for sale through the Bangkok Life Assurance IPO.

Where will the capital raised or IPO proceeds be used by Bangkok Life Assurance IPO?
The Bangkok Life Assurance IPO proceeds will be used to fund its expansion plans.
According to a recent filing with Thailand's Securities and Exchange Commission, Bangkok Bank and the founding Sophonpanich family will see their combined holding in Bangkok Life diluted to 39.9 percent after the IPO from a current 47.9 percent.

Japan's biggest insurer, Nippon Life Insurance Co, would also see its holding in the Thai insurer diluted to 20.83 percent from 25 percent now.Let’s see how this Bangkok Life Assurance IPO performs in the markets.

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MFSL IPO: Microsec Financial Services IPO

A brokerage house is expected to come out with its IPO or initial public offering. It’s the IPO from Microsec Financial Services.


What is the expected size of the Microsec MFSL IPO?
The Microsec Financial Services IPO is expected to raise around 1600 million Rs. from the IPO or initial public offering.

How many shares will be offered for sale through the Microsec MFSL IPO?
A total of 8 million shares will be offered for sale through the Microsec IPO.

What is the business and valuations of Microsec Financial Services?
MFSL is a financial services company providing primarily retail broking, loan against shares (LAS) to support the broking business and investment banking services. It also offers commodity broking, insurance broking and distribution of financial products to complete the bouquet of offerings. Further, the company is in the process of launching institutional equities broking and portfolio management services in the current year. MFSL is headquartered in Kolkata and operates from around 196 business-locations in 49 Indian cities. Of the total 196 branches the company owns around 17 branches and the rest are franchisee-based. The company derives a major portion of its revenues from the eastern India region.

What will be the price range or price band of Microsec MFSL IPO?
As per the no. of shares offered and expected size of the Microsec MFSL IPO, the price per share for Microsec MFSL IPO shares will be around 200 Rs. per share.

Any ratings assigned to Microsec MFSL IPO?
Yes. And the news is not very good for Microsec MFSL IPO. CRISIL has assigned IPO Grade "2/5" to the initial public offer of Microsec Financial Services Ltd, indicating the fundamentals of the issue are below average.

Let’s see how this Microsec MFSL IPO performs in the markets.

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Safe Bulkers IPO

A shipping company from overseas is expected to hit the stock markets very soon. The Greek Shipping company, Safe Bulkers, is all set to list on the NYSE or New York Stock Exchange, with its proposed IPO or Initial Public offering.

What is the expected size of the Safe Bulkers IPO?
The Safe Bulkers IPO is expected to raise money in the range of 190 million US Dollars.

How many shares of Safe Bulkers will be sold through the IPO?
A total of 10 million shares will be sold through the Safe Bulkers IPO.

What is the price of the Safe Bulkers IPO shares?
The Safe Bulkers IPO shares have been priced at $19 per share. It is 1 dollar less than the expected low price range of the Safe Bulkers IPO. Initially, it was expected that Safe Bulkers IPO will be priced in the range of $20 to $22 per share, hence a price of $19 per share may prove to be a bargain for the investors.

What are the business valuations and market outlook for the Safe Bulkers IPO?
The company, Safe Bulkers ships bulk cargoes, particularly grain, iron ore and coal, on worldwide routes.

Who are the underwriters of the Safe Bulkers IPO issue?
Merrill Lynch & Co, Credit Suisse, Jefferies & Company, Dahlman Rose & Co, Poten Capital Services LLC and DnB NOR Markets as underwriters.
The shares of Safe Bulkers IPO will be listed on the New York Stock Exchange under the symbol "SB".

Let’s see how this Safe Bulkers IPO performs in the markets.

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China Taisan Technology IPO

One more Chinese IPO is set to hit the Singapore Stock Markets. A fabric manufacturing company, China Taisan Technology is planning to list on the stock exchanges in Singapore.

What is the size of the China Taisan Technology IPO?
The China Taisan Technology IPO is expected to collect money in the range of S$55.9 million (or USD $41 million)

What are the business valuations and market outlook for China Taisan Technology IPO?
The firm has strong market outlook. It supplies to big customers like Nike and Adidas for their footwear and apparel industry. Hence, the fundamentals of the company are strong from the client’s perspective.

How many shares of China Taisan Technology will be offered for sale through the IPO?
A total of 233 million shares will be offered for sale through the China Taisan Technology IPO.

What is the price of share for China Taisan Technology IPO?
The shares of China Taisan Technology IPO are priced at S$0.24 per share.

Where will the IPO proceeds be used by China Taisan Technology IPO?
China Taisan said it expects to raise S$49.4 million in net proceeds and use about S$38.2 million to purchase new equipment and the rest as working capital and for expansion.

Daiwa Securities SMBC Singapore is the manager, underwriter and placement agent for China Taisan's initial public offering. Let’s see how this China Taisan Technology IPO performs in the markets.

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Tarnow IPO Poland

The Polish stock markets will soon see another IPO or initial Public Offering. The IPO belongs to the Polish state-controlled company chemicals and fertiliser maker Zaklady Azotowe Tarnow.

What is the expected size of the Poland Tarnow IPO?
The Poland Tarnow IPO will be approximately 300 million zlotys ( or US $139 million) worth.

When will the Poland Tarnow IPO open for subscription/application?
Poland Tarnow IPO will open for subscription on June 30th, 2008

How many shares will be sold through the Poland Tarnow IPO?
Tarnow plans to issue 16 million new shares, raising the number of all outstanding shares to 40 million. This will bring down the government controlled Treasury's stake to 60 percent.

Where will the IPO proceeds or capital raised be used by Poland Tarnow IPO?
As per the prospectus of IPO filing, Poland Tarnow IPO plans to use the proceeds to modernise and expand its installations to boost output.

What is market outlook and business valuations of the Poland Tarnow IPO?
The IPO is betting on the increasing demand of fertilizers across the globe. Fertiliser shares worldwide have broken records this year as farmers demand more soil nutrients at a time of short supply. Hence, it is expected that the business of Poland Tarnow IPO will nurture big benefits to the investors.
State-controlled Tarnow's IPO is set to be one of the largest privatisations on the Warsaw bourse this year. The Treasury has said 2008 privatisation revenue could range from 2.3 billion zlotys to around 5 billion.

Let’s see how this IPO from Poland Tarnow performs in the markets.

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OGX Petroleo e Gas IPO

It’s time for some action in the Brazilian Stock Exchanges. There is a new IPO or initial public offering planned for the OGX Petroleo e Gas Participacoes SA by the Brazilian billionaire Eike Batista.

What is the size of the OGX Petroleo e Gas IPO?
The OGX Petroleo e Gas IPO is expected to raise around 5.59 billion real which will be equivalent to USD 3.37 billion.

How many shares of the OGX Petroleo e Gas IPO will be offered for sale through the OGX Petroleo e Gas IPO?
A total of 4.95 million shares will be offered for sale by the OGX Petroleo e Gas IPO. The shares will be sold both in Brazil and overseas.

What is the price range or price band of the OGX Petroleo e Gas IPO shares?
The OGX Petroleo e Gas IPO shares will be offered in the price range of 883 reais to 1,131 reais. OGX may increase the offer by 15 percent and sell another 741,807 shares worth as much as 839 million reais.

What are the business valuations of OGX Petroleo e Gas IPO?
This OGX Petroleo e Gas IPO is betting on the country's recent oil finds which are expected to lure investors.
Batista, Brazil's richest man, is bucking a trend of IPO cancellations this year in Brazil, home to the world's best- performing equity market. Only the U.S. canceled more IPOs than Brazil. Interest in Brazilian offshore oil soared after the announcement of the Tupi field, the largest Western Hemisphere oil find in three decades, and the possibility of 33 billion barrels in the Carioca field.

Let’s see how this IPO from OGX Petroleo e Gas performs in the markets.

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Orbit Garant IPO Canada

The Canadian markets may be witnessing problems, but that is not going to stop the IPO of Orbit Garant, which is a big large Canadian-based drilling company servicing the mining industry.

The Orbit Garant IPO or initial Public offering is expected to hit the Toronto Stock Exchange very soon, despite the volatile stock markets.
What is the size of the Orbit Garant IPO?
The Orbit Garant IPO is expected to raise a total of C$60 million.

What is the business of Orbit Garant?
Orbit, offers underground and surface drilling services through its 116 drilling rigs. The company was created in 2007 from the acquisition of Forage Orbit Inc. by Forages Garant & Freres Inc.

What is the price range or price band of the Orbit Garant IPO?
The price band for the Orbit Garant IPO is set in the range of C$5 to C$ 5.75 per share.

Where will the fund raised from the Orbit Garant IPO be used?
Proceeds from the offering will be used to pay off the company's existing credit agreement, the purchase price, working capital and for other adjustments in connection with the agreement for the acquisition of Forage Orbit.

Is it the right time for Orbit Garant IPO to come to the stock markets?
Experts say no. The reason is that the recently concluded Sprott IPO, which was heavily oversubscribed is trading below its IPO offer price. It is the first time in last seven years that the Canadian markets have seen a downtime. However, Orbit Garant IPO has a strong backup in the backdrop of the rising metal prices and minig sector in the commodities markets. It has prestigious client list which includes - Goldcorp Inc. (GG), Xstrata PLC ( XTA.LN), Iamgold Gold Corp. (IMG) and Agnico-Eagle Mines Ltd. (AEM).

What are the business valuations of the Orbit Garant IPO as compared to other similar companies?
A typical example that can be cited is that of the Forbes Energy Services Ltd. Riding the wave of rising and record-setting crude prices, the Texas-based company, a provider of drilling services to oil and gas companies primarily operating onshore in Texas, priced its IPO of 21.4 million shares late last week at C$7 a share for a total of C$ 150 million, making it one of the biggest IPOs so this year in Canada.
If one goes by that performance specific to the sector, then the Orbit Garant IPO will surely be one of the best investments one can make. Also to note that investing in such turbulent times for a long horizon of 5 to 10 years will ensure that investors get the stock for cheap and reap the benefits in the long run.

Let’s see how this IPO from Orbit Garant performs in the markets.

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Chenming Paper IPO HongKong

Another IPO is set to hit the HongKong market. The Chenming Paper Holdings is planning to come out with its IPO or initial public offering very soon.
What is the size of the Chenming Paper IPO?
The Chenming Paper IPO from HongKong plans to raise upto $538 million from its initial public offering or IPO.

How many shares will be sold through the Chenming Paper IPO?
A total of 355.7 million shares will be sold by the Chenming Paper IPO in its HongKong listing IPO.

What is the price range of the Chenming Paper IPO shares?
The shares of Chenming Paper IPO are priced in the range of HK$9 and HK$11.80 per share.

What are the fundamental indicators and business valuations of the Chenming Paper IPO?
At the given price range, the Chenming Paper IPO shares have a price to earnings multiple of 9.6 to 12.6 times based on its 2008 earnings forecast.
Chenming Paper will be the first company with three types of shares -- yuan-denominated A shares, foreign currency B shares and Hong Kong-listed H shares -- listed on the exchange.

Macquarie and Guotai Junan are the sponsors of the deal. Let’s see how this IPO from Chenming Paper performs in the HongKong Markets.

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Synnex IPO Thailand

The stock markets in the eastern Asia is buzzing with IPO’s. The technology firm, Synnex from Thailand, is all set to come out with an IPO or initial public offering.
Synnex is an affiliate of Taiwan's Synnex Technology

What is the size of the Synnex IPO?
The Synnex IPO from Thailand is expected to raise around 522 million baht ($16 million) from the IPO or initial public offering.

When will the Synnex IPO Thailand open for subscription?
The Synnex IPO from Thailand is expected to open in the next month of June, between 4th and 6th June, 2008.

What is the price of Synnex IPO?
The Synnex IPO shares have been priced at 2.9 baht per share. The indicative price range was 2.9-3.3 baht and hence the shares of Synnex IPO have been priced at the lower side of the price band.

What is the business valuation of Synnex IPO?
Synnex sells computers, software and information technology systems.
T.K.S. Technologies TKS.BK, a Thai digital printing and IT firm, owns 50 percent of the firm, while Synnex Technology, the world's No. 3 electronics distributor, indirectly holds 49 percent via its investment arm King's Eyes Investments Ltd.

What are the shareholding pattern of Synnex IPO from Thailand?
T.K.S.'s holding will be diluted to 35 percent and those of Synnex Technology to 34 percent after the IPO, which would raise Synnex (Thailand)'s registered capital to 705 million baht from 500 million baht, it said.
Synnex (Thailand) plans to sell 180 million new shares, or 25.53 percent, of which 57 million shares are to be offered to T.K.S. Proceeds from the share sale would be used to finance its expansion

Capital Nomura Securities CNS.BK being financial adviser and lead underwriter. Let’s see how this IPO from Synnex Thailand performs in the Italian Markets.

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IMMIT IPO: Italy

A new IPO is expected to hit the Italian markets very soon. It’s the IMMIT or the Immobili Italiani SpA., which is planning to come out to the primary markets with its IPO plans.

The company belongs to the real estate investment sector and manages much of the property portfolio of its owner Intesa Sanpaolo SpA
What is the price range of the IMMIT IPO?
Price range of the IMMIT IPO from Italy is set to be between 2.9 Euros to 3.6 Euros per share.

What is the market valuation of the IMMIT IPO?
Based upon the price range, the market valuations of the IMMIT or Immobili Italiani SpA comes out to be around 1.05 billion Euros.

How many shares will be offered for sale through the IMMIT IPO?
A total of 148.396 million shares, or 51 percent of the company, will be sold through the IMMIT IPO. The IMMIT IPO includes a retail offer of 44.517 million shares

Is there any greenshoe option available with IMMIT IPO?
Yes. The IMMIT IPO comes with a greenshoe option. If a greenshoe option of 18.549 million shares is exercised a total of 57.4 percent of IMMIT capital will be on the market.
Also, the company will offer one bonus share for every 20 shares owned by shareholders who keep the shares for at least one year.

What are the subscription dates of the IMMIT IPO?
The IMMIT IPO will begin on May 26 and end June 5, 2008.
IMMIT said the final price will be communicated by June 7 and the company expects to debut on the Milan stock exchange on June 11.

Banca IMI and Lehman Brothers are the lead managers for the IMMIT IPO issue. Let’s see how this IPO from IMMIT performs in the Italian Markets.

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MCX IPO: Multi Commodity Exchange IPO

Very recently, it was the Mexican Stock Exchange which came out with its plans for an IPO. And now, the Indian counterpart, the MCX or the Multi Commodity Exchange of India is planning to come out with its proposed IPO.

When will the MCX IPO hit the markets?
There is no information available at the moment about the precise dates of listing of the MCX IPO.

What is the size of the MCX IPO?
The public issue of the MCX IPO will constitute a sale of around 10 million shares with a face value of Rs. 5 each. The IPO would comprise fresh issue of 6-million shares and another 4-million shares is to be sold by Financial Technologies (India) Ltd and Corporation Bank.

How much money will be raised by the MCX IPO?
The MCX IPO is expected to raise Rs 500 crore-Rs 600 crore.

What is the price band of MCX IPO shares?
The MCX IPO shares will be sold in the price band of Rs. 500 to 600 per share.

What are the business valuations and market standings of the MCX IPO?
As per Hindu, Currently, MCX enjoys market leadership, with a share of 77 per cent in volumes traded on commodities exchanges in India. The company has consciously focused on commodities such as bullion, energy and metals, which are benchmarked to international prices, Crisil said. Of the company’s total turnover, bullion accounts for 53 per cent, metals for 28 per cent, energy for 16 per cent and agricultural commodities account for the rest.

What are the financial results of the MCX Exchange?
For the year ended March 31, 2007, MCX reported a net profit of Rs 93 crore on a turnover of Rs 200 crore, compared with a net profit of Rs 37.50 crore and revenues of Rs 100 crore in the previous year.

Any ratings assigned to the MCX IPO?
The MCX IPO has come out very strong on the ratings part. Rating agency Crisil awarded MCX initial public offering (IPO) at the highest grade of 5/5. The grade indicates that the fundamentals of the issue are strong, relative to other listed equity securities in India. However, the rating is not an opinion on whether the issue price is appropriate in relation to the issue fundamentals. It is neither a trading recommendation, nor a comment on the future market price or its suitability.
Apart from MCX, Acme Tele Power is the only company to receive the highest rating.
MCX’s profitability and return indicators have been strong in the past 4 years. Growth is likely to moderate in the short-term due to the impact of the commodity transaction tax (CTT), Crisil said.

However, in the medium term, MCX’s strong market position and continuous focus on product innovation would act as growth drivers. Let’s see how this IPO from MCX Exchange performs in the market once it opens up for subscription.

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Russian Railways IPO

Another IPO is set to hit the Russian markets. The state owned Russian Railways is planning to come out with an IPO or Initial Public Offering.


What is the size of the Russian Railways IPO?
State Rail monopoly Russian Railways could hold an initial public offering to raise around USD 25 billion for 25% of its stock.
When will the Russian Railways IPO open for subscription?
No dates have been finalized about the Russian Railways IPO.

What are the other developments of Russian Railways IPO & the company?
In addition to the IPO, the company plans to issue Eurobonds totaling USD 3 billion to USD 4 billion in October to November 2008. RZD will also float ruble denominated bonds worth RUB 20 billion in July.

What are the business valuations and markets standings of the RZD Russian Railways ?
RZD handles about 83% of all freight in Russia and carries 1.3 billion passengers and 1.3 billion tonnes of cargo annually.

The company has charter capital of RUB1,535 billion.

Let’s see how this IPO from Russian Railways performs in the market once it opens up for subscription.

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Little Sheep Chinese Restaurant IPO: HongKong

Another IPO is coming to the Hong Kong Markets. Chinese hot pot restaurant Little Sheep Group Limited is expected to hit the stock markets through an IPO or initial public offering

What is the size of the Little Sheep IPO?
The Little Sheep IPO plans to raise around $105.7 million in a Hong Kong initial public offering.

How many shares will be offered for sale through the Little Sheep IPO?
A total of 224 million shares will be offered for sale through the Little Sheep IPO.

What is the price band of the Little Sheep IPO shares?
The Little Sheep IPO shares have been priced in the price range of HK$2.68-HK$3.68 per share.

What are the business valuations and market standings of the Little Sheep Group?
Private equity firm 3i Group Plc has a big stake. Merrill Lynch and Deutsche Bank DBKGn.DE are sponsoring the deal.

Let’s see how this IPO from Little Sheep Group performs in the market once it opens up for subscription.

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