Jay Mart IPO Thailand

A new IPO or initial public offering is set to hit the Thailand Stock Markets very soon. The IPO belongs to Thailand's leading mobile phone distributor, Jay Mart PCL.
How many shares will be sold through the Jay Mart IPO Thailand?
A total of 75 million new shares will be sold by the Jay Mart IPO.

When will the Jay Mart IPO open for subscription?
The IPO open date for Jay Mart IPO will be sometimes in November 2008. Jay Mart's IPO should happen by the end of this year as the company wanted to enjoy a tax benefit.

Who are the lead underwriters of the Jay Mart IPO Thailand?
Asia Plus Securities ASP.BK is a financial adviser and lead underwriter for the share sale of Jay Mart IPO Thailand.

What are the financial results of Jay Mart IPO Thailand?
Jay Mart has registered capital of 300 million baht ($8.8 million). It posted a net profit of 57 million baht in the first half of this year, up 27 percent from a year earlier

How is the business outlook and future for Jay Mart IPO Thailand?
The company is in the business of selling mainly mobile sets. Inexpensive handsets account for 70% of Jay Mart's sales, with higher-priced products the rest.
Mr Adisak said the company was shifting its focus to higher-priced handsets, and said sales trends were bullish thanks to the planned rollout of third-generation mobile services in the near future. Mobile sales, which have a profit margin of 11%, account for 95% of Jay Mart's revenues, while other businesses such as debt collection and retail space management account for the rest.
Mr Adisak said the firm's new businesses offered high margins at around 30%. Debt collection is offered through a subsidiary, JMT Network Services.

Gemini Engi-Fab IPO Review

A new IPO or initial public offering is set to hit the Indian Stock Markets very soon. The IPO belongs to Gemini Engi-Fab - Gemini Engi-Fab Limited envisions future with the spectrum and synthesis of life and existence to reckon with engineering, procurement and fabrication.

How many shares will be sold through the Gemini Engi-Fab IPO ?
A total of 55,00,000 equity shares will be sold through the Gemini Engi-Fab IPO.

What is the price per share of Gemini Engi-Fab IPO
The share price of Gemini Engi-Fab IPO shares will be determined through a 100% book building process. The face value of each share of Gemini Engi-Fab is standard Rs. 10 per share.

Is there any rating or grading assigned to Gemini Engi-Fab IPO?
Yes. CARE has assigned a rating of 2 out of 5 to Gemini Engi-Fab IPO, which indicates below average fundamentals. The grading factors in promoters' experience in fabrication and engineering industry, long track record in operations, favourable industry scenario for fabrication and salvaging of equipment, multi-product capability of company, strong growth in order book, good profitability margins in past financial years, sanctioning of term loan by the bankers for the proposed expansion project and expected improvement in technical capabilities of the company post expansion.

However, the grading is constrained by Gemini Engi-Fab's relatively small size of operations, dependence on IPO proceeds for the proposed project completion, unorganized and highly competitive industry in which the company operates, moderate corporate governance practices, low entry barriers, dependence on few customers and limited experience of management in executing large projects. The grading is also constrained by risks associated with proposed deployment of funds from the IPO in setting up new manufacturing units.

What are the business and products of Gemini Engi-Fab IPO?
The Gemini Engi-Fab company is in the business of manufacturing and salvaging of process equipment through fabrication for various process industries. Gemini Engi-Fab manufactures spares, channel heads, tube sheets and tube bundles for refineries. It also manufactures heat exchangers for refineries and dairy plants, pressure vessels, storage vessels, tanks, heat exchangers, distillation and absorption columns.

Where will the fund raised from Gemini Engi-Fab IPO be used?
The fund raised from Gemini Engi-Fab IPO will be used for setting up a new manufacturing workshop at Umbergaon, meeting working capital requirements, general corporate purposes and issue expenses.

20 Microns IPO: Twenty Microns IPO Review

A new IPO is set to hit the Indian Markets very soon. The IPO or Initial Public offering belongs to 20 Microns Limited, which is India’s largest producer of White Minerals with an annual output of over 180000 tons from plants spanning four different regions of India.

What is the price band or price range of 20 Microns IPO?
The price band of 20 Microns IPO is set between Rs. 50 and Rs. 55 per share. The face value of each share of 20 Microns IPO share is standard Rs. 10 per share.

How many share will be offered for sale through the 20 Microns IPO issue?
A total of 4,350,632 equity shares will be offered for sale through the 20 Microns IPO.
The issue consists of a fresh issue of 1,675,000 equity shares of Rs 10 each (fresh issue) and an offer for sale of 2,675,632 equity shares by Gujarat Venture Capital fund 1995 (the selling shareholders). The issue will constitute 30.81% of the post issue paid up capital of the company.

Is there any shares reserved for employees of 20 Microns Company?
Yes. Up to 217,532 equity shares will be reserved for subscription by eligible employees.

Any ratings assigned to 20 Microns IPO?
Yes. Credit Analysis & Research (CARE) has assigned the `IPO Grade 3` to 20 Microns IPO indicating average fundamentals.

Where will the capital raised be used by 20 Microns IPO?
The fund raised by 20 Microns IPO will be used for he current ongoing expansion plans of the manufacturing capacities at various locations, invest in the sub-micron particle sizes required by end-market and general corporate purposes.

What are the business valuations of 20 Microns IPO?
20ML is one of the India`s largest producers of white minerals with an annual turnover of over 180,000 tons from plants and deposits spanning in different regions of the country producing functional fillers, specialty chemicals and extenders which are supplied globally. It has 4 different captive mines and 8 manufacturing locations spanned over the country with total mineral reserve of 6 million metric tons. Currently, it has about 70 international customers based in 30 countries utilizing 450 product.

Who are the BRLM (Book Running Lead managers) for the 20 Microns IPO issue?
The book running lead manager (BRLM) is Keynote Corporate Services.

The equity shares are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE).

O’Gara Group IPO

A new IPO is set to hit the Capital Stock Markets very soon. The Initial Public offering or the IPO belongs to The O’Gara Group Incorporated based in Cincinnati, Ohio, USA.

What is the expected size of the O’Gara Group IPO?
The O’Gara Group IPO is expected to raise around 173 million USD from the initial Public offering.

Where will the fund raised through O’Gara Group IPO be used?
The capital raised through O’Gara Group IPO will be used mainly for aquisitions with an aim to increase its size to 4 times. There are 3 major acquistions planned totalling around 232 million USD. Apart from the 173 million USD IPO, the remaining amount will be a mix of cash raised, stocks and debt.

What are the 3 companies to be acquired by O’Gara Group IPO?
As per the news, O’Gara plans to pay $165 million for Italian company Isoclima, a maker of vehicle armor and transparent glass that generates about $100 million in annual sales. It agreed to pay $36 million for Monterrey, Mexico-based TPS Armoring, which makes vehicle armoring systems and cranked out $30 million in revenue last year. And it will pay $31 million for Freeport, Pa,-based OmniTech, a maker of night-vision weapon sights and other military optical systems that made had $13 million in sales last year and will become part of O’Gara’s sensor systems unit. All three are profitable through the first six months of the year.

What will be the effect of these acquisition by the O’Gara Group ?
The acquisitions will expand O’Gara from a company that had $38 million in revenue last year to a near-$200 million-in-sales company. The combined companies generated $180 million in sales last year and are on pace to top $200 million through the first six months of this year. They also would have made a net profit of $3.7 million through the first half of this year, according to pro forma financial figures included in the filing. That’s a big improvement on O’Gara’s stand-alone results. It lost $1.4 million last year and $1 million through the first half of this year. It hasn’t made a profit since 2005.

What are the business valuations of the O’Gara Group?
The O'Gara Group is a leading provider of advanced security products and training solutions to aid in the global war on terrorism and to enhance customer security. Founded in 2003, current customers include the United States Special Operations Command (USSOCOM) and the United States Marine Corps (USMC), the United States Departments of State, and Homeland Security, as well as foreign customers including the Canada Ministry of Defense, the Italian Ministry of Defense, the Taiwan Ministry of Defense, and the U.K. Ministry of Defense, law enforcement agencies, and private corporations and individuals.

Which stock exchange will the shares of O’Gara Group IPO be listed on?
O’Gara Group IPO shares will trade on NASDAQ under the ticker symbol OGAR.

Who are the lead underwriters of the O’Gara Group IPO issue?
O’Gara enlisted Memphis based investment banker Morgan Keegan & Co. as its lead underwriter. BB&T Capital Markets, Oppenheimer & Co., Raymond James & Associates Inc. and Stifel, Nicolaus & Co. are also participating as underwriters in the O’Gara Group IPO issue

Schott Solar IPO Germany

A new IPO of initial Public offering is set to hit the German Markets very soon by this year end. The IPO belong to German Schott Group's Solar business unit called Schott Solar, which is expected to enter the capital markets by this year end.

What is the estimated size of the Schott Solar IPO?
The Schott Solar IPO is expected to collect around 500 million Eurors (equivalent of 744 million USD) through its Schott Solar IPO.

When is the Schott Solar IPO open date and listing date?
Though there are no confirm dated of Schott Solar IPO issue, but it is expected to hit the markets later this year.

Where will the fund raised from Schott Solar IPO be used?
The capital raied from Schott Solar IPO will be usedto fund further expansion and strengthen its capital base.

What are the financial results of Schott Solar Company Germany?
Schott Solar employs 1,449 staff in Germany, Spain, the United States and Czech Republic.

The company had a 310 percent profit in third-quarter earnings before interest and tax (EBIT) to 22.6 million euros on sales of 147.9 million euros, up 96 percent.

How about the competitor information for Schott Solar Germany?
The Competitor firm to Schott Solar Germany is SolarWorld (SWVG.DE) as if offers a similar product base. It reported operating earnings of 75.7 million euros for the three months to end-June on sales of 259.6 million euros.

Who are the book running lead managers for the Schott Solar IPO issue?
Deutsche Bank, JPMorgan and Commerzbank are joint bookrunners for the IPO and LBBW acts as co-lead manager.


What are the business valuations of Schott Solar IPO?
Schott Solar is an integrated solar energy company, which manufactures solar cells and panels. Its joint-venture with chemicals group Wacker Chemie delivers solar wafers and secures the supply of solar-grade silicon. They offer a wide range of future-oriented products and solutions for almost all photovoltaic and solar thermal applications. SCHOTT Solar is among the world´s leading fully integrated manufacturers of PV wafers, cells and modules. Schott Solar is an integrated solar energy company, which manufactures solar cells and panels. Its joint-venture with chemicals group Wacker Chemie delivers solar wafers and secures the supply of solar-grade silicon. They offer a wide range of future-oriented products and solutions for almost all photovoltaic and solar thermal applications. SCHOTT Solar is among the world´s leading fully integrated manufacturers of PV wafers, cells and modules.

NHPC IPO: National Hydro Power Corporation IPO

A new IPO or initial public offer is set to hit the Indian Stock Markets very soon. The much awaited IPO belongs to the government controlled NHPC or National Hydro Power Corporation.

What are the opening dates of the NHPC IPO or National Hydro Power Corporation IPO?
The much awaited NHPC IPO or National Hydro Power Corporation IPO is expected to open for subscription on date 13th October 2008.

When will the NHPC IPO or National Hydro Power Corporation IPO list on stock markets for secondary market trading?
The tentative listing date for NHPC IPO or National Hydro Power Corporation IPO shares is expected to be on November 6th, 2008.

What is the price band for share price of NHPC IPO or National Hydro Power Corporation IPO shares?
The face value for each share of NHPC IPO or National Hydro Power Corporation IPO share is fixed at the standard Rs. 10 per share. The price band for NHPC IPO or National Hydro Power Corporation IPO is yet to be ddecided and will be fixed on September 16th, as per the news sources.

How many shares will be offered for sale through the NHPC IPO or National Hydro Power Corporation IPO?
A total of 167 Crore (16.7 million) shares will be offered for sale through the NHPC IPO or National Hydro Power Corporation IPO issue.

What is the current holding pattern of NHPC IPO or National Hydro Power Corporation IPO?
As of now, the government of India holds the entire 100% stake in NHPC National Hydro Power Corporation. Post IPO, the stake of government will come down to 85%, i.e. 15% of the stake will be diluted through the NHPC IPO or National Hydro Power Corporation IPO.
NHPC has a paid-up capital of Rs 11,500 crore, comprising of 1,150 crore equity shares of Rs 10 each.

What are the financial results of NHPC or National Hydro Power Corporation?
NHPC’s net profit during 2007-08 stood at Rs.1,004 crore—up from the previous year’s Rs. 925 crore.

It has an installed capacity of 5,200 MW generated from 13 of its hydro power plants and plans to increase its generation capacity to 11,000 MW by 2012 from 5,200 MW now. The company plans to invest Rs 90,000 crore in new projects over the next ten years.

About 10 hydroelectric power plants of the company are under various stages of implementation, including the country's largest hydroelectric project -- a 2,000 MW plant at Subansiri in Arunachal Pradesh.

Astec LifeSciences IPO: Astec IPO Review

A new IPO is expected to hit the Indian markets very soon. The Initial Public offering or the IPO belongs to agrochemicals and pharmaceuticals manufacturing company named Astec LifeSciences Limited.

What is the expected size of the Astec LifeSciences IPO?
Though the exact size of Astec LifeSciences IPO is not disclosed, but it is expected to be in Crores.

What is the primary business valuation of Astec LifeSciences IPO?
Astec is engaged in the manufacture and sale of active ingredients, intermediates and formulations for agrochemicals and pharmaceutical segment. Astec LifeSciences Ltd was established in 1994 with a focus on the Pharmaceutical and Agrochemical Industries. Astec is a part of a group of companies with more than 20 years experience in the development and production of intermediates and active ingredients. Astec has an unshakeable reputation for providing world quality products to meet global standards.
As per their website, Astec is proud of its rich experience of over two decades in the chemical industry. Astec employs highly qualified and trained personnel to monitor and maintain its manufacturing activities as well as process development work. The company prides itself in being responsive, reliable and quick to implement projects.

At the same time we ensure high levels of confidentiality in implementing new projects thereby providing an excellent customized manufacturing service option to our clients at extremely competitive costs.

A strong R&D focus has enabled the company to introduce a number of unique products. As the operations are highly integrated both vertically and horizontally, Astec has a very efficient, low cost structure in the market place.

Strong emphasis on Quality, backed by a highly competent technical team, has enabled Astec to establish a successful track record in nurturing stable and long term relationships with highly reputed companies in USA, Japan and Europe.

Where will the fund raised from Astec LifeSciences IPO be used?
The fund raised from Astec LifeSciences IPO will be used to expand existing manufacturing facilities at Mahad, Maharashtra and also the existing Research and Development facility at Dombivli, Maharashtra. The IPO proceeds will also be used to meet registration expenses and long-term working capital requirements.

How many shares will be sold through the Astec LifeSciences IPO?
A total of 75,00,000 Equity shares will be sold through the Astec LifeSciences IPO.

What is the price band or price range of Astec LifeSciences IPO?
The final price of Astec LifeSciences IPO will be decided by the 100% book-building process, the price band will be confirmed at a later date. The face value of each share of Astec LifeSciences IPO is the standard Rs. 10 per share.

Any other information available about Astec LifeSciences IPO?
The Company started manufacturing operations with an installed capacity of 120 MT in 1994 and at present has the capacity of 2500 MT per annum. It proposes to expand it to 3650 MT with an investment of Rs 31.24 crores. It also proposes to expand Research and Development facility with an investment of Rs 2.46 crores.

Under the Agrochemical segment, Astec LifeSciences Limited manufacture active ingredients, intermediates and formulations and under Pharmaceutical segment it produces intermediates for Active Pharma Ingredients (API) manufacturers. Some of the domestic clients of the Company are Indofil Chemicals, Krishi Rasayan, Atul Limited a Syngenta, Biostadt India Limited and United Phosphorous Limited. Among the major international clients are An Nong Company Ltd, Nufarm UK Ltd, Handelsgesellschaft Detlef Von Appen and Irvita Plant Protection N.V. The Company’s total income for FY 2008 was Rs 61.18 crores and net profit was Rs 8.07 crores as against total income of Rs 33.56 crores and net profit of Rs 3.70 crores in FY 2007.

Almondz Global Securities Limited is the Book Running Lead Manager for the Issue.

Adhunik Metaliks IPO: OMM IPO: Orissa Manganese and Minerals

A new IPO is expected to hit the Indian markets very soon. The IPO belongs to Adhunik Metaliks, which is floating the IPO or initial public offer, for its 100% owned subsidiary called Orissa Manganese and Minerals (OMM).

How much capital will be raised throug the Adhunik Metaliks IPO (OMM IPO)?
Around Rs 250-300-crore is expected to be raised through the Adhunik Metaliks IPO (OMM IPO).

When will the Adhunik Metaliks IPO (OMM IPO) open for subscription (IPO Date)?
The Adhunik Metaliks IPO (OMM IPO) is expected to hit the markets later this year, i.e. in 2008. The Adhunik Metaliks IPO (OMM IPO) date will be sometimes in the later 2008.

Where will the fund raised from Adhunik Metaliks IPO (OMM IPO) be used?
The fund raised through the Adhunik Metaliks IPO (OMM IPO) will be used to fund its mining plans.

How many shares will be sold through the Adhunik Metaliks IPO (OMM IPO)?
Adhunik Metaliks IPO (OMM IPO) will sell a 15% stake in the 100% owned subsidiary called Orissa Manganese and Minerals Limited.

What are the business valuations and market outlook for Adhunik Metaliks IPO (OMM IPO)?
Orissa Manganese and Minerals, which was acquired by Adhunik Metaliks for Rs 70 crore last year, is now planning to set up a pelletisation plant and an iron ore beneficiation plant in Nuamundi in Jharkhand.
The company also plans to set up a manganese ore beneficiation plant at Dhenkanal in Orissa.
The company has received State Government clearances for both the plants. The plants would convert iron ore fines into pellets and process low-grade manganese ore waste for use in ferro alloy units.
The total estimated cost for setting up the plants is Rs 1,100 crore of which the company proposes to raise Rs 250-300 crore through the public issue.

OIL IPO: OIL India Limited IPO

A new IPO or initial public offer is set to hit the Indian Markets very soon. The IPO belongs to OIL or Oil India Limited. The OIL India IPO is expected to hit the Indian markets in the month of November 2008, as per the news.

What are the subscription dates of OIL India IPO ?
The OIL India IPO will open sometimes in November 2008. Though there is no confirm news about the OIL India IPO, the articles appearing on various news sites mention that the OIL India IPO will hit the markets in November.

What is the current holding pattern of OIL India Limited?
The company is owned by the government of India - 98%. The company produces 60,000 barrels per day (bpd) of oil from its reserves in northeastern India and the desert state of Rajasthan in the western part of India.
OIL has over 1 lakh sq km of PEL/ML areas for its exploration and production activities, most of it in the Indian North East, which accounts for its entire crude oil production and majority of gas production. Rajasthan is the other producing area of OIL, contributing 10 per cent of its total gas production.

Additionally, OIL’s exploration activities are spread over onshore areas of Ganga Valley and Mahanadi. OIL also has participating interest in NELP exploration blocks in Mahanadi Offshore, Mumbai Deepwater, Krishna Godavari Deepwater, etc. as well as various overseas projects in Libya, Gabon, Iran, Nigeria and Sudan.

In a recent CRISIL-India Today survey, OIL was adjudged as one of the five best major PSUs and one of three best energy sector PSUs in the country.

How many shares will be sold through the OIL India IPO?
A total of 26.4 million shares will be sold through the OIL India IPO.

How much capital money will be raised through the OIL India IPO?
Around 380 million US Dollars are expected to be raised by the OIL India IPO.

Where will the fund raised through the OIL India IPO be used?
The capital raised from the OIL India IPO will be used to fund exploration, development and purchase of equipment.

What is the corporate structure of the OIL India Limtied?
There were a few initial issues with the OIL India IPO. The IPO was delayed partly because the company could not appoint independent directors on its board, but it is learnt that the issue had now been resolved.

The company has also said in the past it plans separately to sell a 5 percent stake to Indian Oil Corp (IOC) and 2.5 percent each to Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petroleum Corp Ltd (BPCL)

BMTC IPO: Bangalore Metropolitan Transport Corporation IPO

There is a change is government and there is a change in the financial policies. The Karnataka Government is all set to unveil its plans to come out with an IPO or Initial Public offering for the profit making BMTC Bangalore Metropolitan Transport Corporation

What is the size of the BMTC IPO, Bangalore Metropolitan Transport Corporation IPO?
BMTC IPO, Bangalore Metropolitan Transport Corporation IPO is expected to raise money in the range of Rs. 4,000 Crores.

How many shares will be offered for sale through the BMTC IPO, Bangalore Metropolitan Transport Corporation IPO?
Around 15% stake will be diluted by the government through the BMTC IPO, Bangalore Metropolitan Transport Corporation IPO. Around 30 Crore Shares will be issued by the BMTC IPO, Bangalore Metropolitan Transport Corporation IPO.

Who are the BRLM, or book running lead managers or financial advisors to the issue of BMTC IPO, Bangalore Metropolitan Transport Corporation IPO?
The BMTC IPO, Bangalore Metropolitan Transport Corporation IPO will be taken care by SBI Capital Markets Ltd

What is so special about the BMTC IPO, Bangalore Metropolitan Transport Corporation IPO?
BMTC holds the distinction of being the first government run transport organization which is running in profit. It will also be the first state-run urban transport company in the country to come out with a public issue.

What is the price band of the BMTC IPO, Bangalore Metropolitan Transport Corporation IPO?
The shares of BMTC IPO, Bangalore Metropolitan Transport Corporation IPO will have the standard face value of Rs. 10 per share. The price band of BMTC IPO, Bangalore Metropolitan Transport Corporation IPO is expected to be in the range of Rs. 260 to Rs. 300 per share.

Is there any employee stock option plan by the BMTC IPO, Bangalore Metropolitan Transport Corporation IPO?
Yes, the employees of BMTC Bangalore Metropolitan Transport Corporation will be eligible to get a maximum of 200 shares under the employee stock option scheme.

When will the BMTC IPO, Bangalore Metropolitan Transport Corporation IPO come to the markets?
The IPO dates for BMTC IPO, Bangalore Metropolitan Transport Corporation IPO is not yet finalized, but the transport ministry sources say that they are waiting for the markets to stabilize.

What are the business valuations, market outlook and risks in BMTC IPO, Bangalore Metropolitan Transport Corporation IPO?
The BMTC presently runs 5000 buses and is planning to increase it to 6000 in the next 2 years. It forms the backbone of Bangalore transport.
The risks are that there will be a metro rail introduced in Bangalore. That time, the commuters may shift from buses to metro rail, as that is faster, convenient and free of traffic woes. May be that time, the BMTC will take a hit on its profit.

Resurgere Mines & Minerals IPO

A new IPO is set to hit the Indian markets this month. The initial public offer or IPO belongs to Resurgere Mines & Minerals India Limited.

What is the price band of Resurgere Mines & Minerals IPO?
The shares of Resurgere Mines & Minerals IPO are priced in the price band of Rs. 263 to Rs 272 per share. The shares have a face value of Rs. 10 each.

What are the IPO dates for Resurgere Mines & Minerals IPO?
The Resurgere Mines & Minerals IPO will open on date 11th August 2008 and the book building process will complete on 13th August 2008.

How many shares will be sold through the Resurgere Mines & Minerals IPO?
A total of 4,450,000 equity shares will be sold through the Resurgere Mines & Minerals IPO. There is a portion reserved for employees - 250,000 shares. So the net offer to the public is 4,200,000 shares. The net issue would constitute 14.72 per cent of the post issue paid-up capital.

What are the business valuations and market outlook for Resurgere Mines & Minerals IPO?
Resurgere Mines & Minerals India Limited (Formerly Exfin Shipping (India) Ltd.) is presently engaged in the business of extraction and processing of iron ore products ie lump ore and size ore, and is predominantly a manufacturer of calibrated lump ore (CLO) and Iron Ore Fines. The company is also engaged into merchant export of iron ore fines to China. The company is a member of CAPEXIL, FIEO and FIMI and is a recognized STAR TRADING HOUSE.
At present, the Company has run-of-mines contracts for two mines situated at Nuagaon and Maharajpur in state of Orissa.
Resurgere Mines and Minerals India Limited professes the following corporate objectives: “Providing quality products for domestic and foreign clients; securing generous returns for company shareholders; creating development opportunities for employees; and moving forward hand in hand with business partners”.

Where will the capital raised from the Resurgere Mines & Minerals IPO be used?
The fund raised from Resurgere Mines & Minerals IPO will be used to to part finance the purchase of plant and machinery for setting up its own extraction and crushing facilities at the mines and purchase of six railway rakes to set up own logistics infrastructure facilities, besides meeting working capital needs.

What is the existing share holding pattern for Resurgere Mines & Minerals IPO?
As of date, Merrill Lynch International holds 3,000,000 shares, India Business Excellence Fund-I holds 910,000 equity shares, IL&FS Trust Co. holds 402,500 shares, Motilal Oswal holds 250,000 shares and Raamdeo Agarwal holds 200,000 Shares in the company.
Motilal Oswal is the BRLM book running lead manager and PL Capital Markets and Ashika Capital are the Co-BRLMs. The shares will be listed on BSE and NSE.

First Wind IPO Review

A new IPO from the CleanTech sector is going to hit the markets very soon. The IPO or initial public offering belongs to First Wind, a company based in Newton, Massachusetts which is in the business of wind power development.


What is the size of the First Wind IPO?
The First Wind IPO is expected to be of around 450 million USD.

What are the IPO dates of First Wind IPO?
The listing date, IPO subscription dates are not available for First Wind IPO at the time of writing this article.

Who are the lead managers for First Wind IPO issue?
Credit Suisse, Goldman Sachs and JP Morgan are lead underwriters for the First Wind IPO issue.

Where will First Wind IPO shares be listed?
The First Wind IPO shares will be listed on NASDAQ stock exchange. The Symbol selected by the First Wind Company is "WINDY".

Where will the funds raised by First Wind IPO be used?
The proceeds will be used to repay debt and to fund part of its 2008-9 capital expenditures.

What are the business valuations and market prospects of First Wind IPO?
First Wind is an independent North American wind energy company focused exclusively on the development, ownership and operation of wind energy projects. Working in partnership with communities, First Wind provides revenue to states and towns, building stronger local economies while protecting the environment for future generations. Wind energy isn’t just our business. It's our passion.

Founded in 1995, First Wind develops, manages and owns 3 wind farms, located in the Northeast, West and Hawaii, that produce 92 megawatts. It has a further 182 megawatts of capacity under construction and a pipeline of 5,564 megawatts.

The company hopes to have around 1,100 megawatts of operating capacity by the end of 2010 and 2,300 megawatts by the end of 2013. It reported $12.3 million in revenue for 2007, including a net loss of $68 million; it currently employs 130 people.

Austral Coke IPO Review

Despite turbulent times in the stock markets, a new is coming out. The initial public offering belongs to Kolkata-based Austral Coke & Projects, engaged in the business of manufacturing LAM coke.

How many shares will be sold through the Austral Coke IPO?
A total of 7.26 million shares will be sold through the Austral Coke IPO. The net issue would constitute 27.72% of the post issue paid-up capital of the company.

What is the price band of Austral Coke IPO?
The face value of Austral Coke IPO shares is set at the standard Rs. 10. The price band of Austral Coke IPO shares is set between Rs. 164 to Rs. 196 and the final price will be decided througha 100% book building process.

What are the IPO dates for Austral Coke IPO?
The Austral Coke IPO will open for subscription on date 7th August 2008 till 13th August 2008.

Is there a green shoe option available for Austral Coke IPO?
Yes. the company is also offering green shoe option of up to Rs 10.89 million equity shares which will constitute 25% of the fully diluted post issue capital.

Related: Resurgere Mines & Minerals IPO

What is the business of Austral Coke IPO?
Austral Coke is mainly manufacturing low ash metallurgical coke. It is also in the business of equipment rental, refractory and textile trading.
The company is also proposing to get into the Power Plant Business.

Where will the Austral Coke IPO proceeds be used?
The company plans to use the IPO proceeds to finance its expansion. It is planning a 150,000 tonne per annum LAM coke unit and an 8 mw captive power plant through waste heat recovery. The project is coming up at Sindhudurg in Maharashtra.
Apart from this, the company also plans to utilize the funds for acquiring coal mines either in Indian or abroad and retire high cost debt.

Where will the Austral Coke IPO shares be listed?
The equity shares are proposed to be listed on Bombay Stock Exchange of India (BSE) and National Stock Exchange (NSE).
Allbank Finance, Prabhudas Lialladher, Saffron Capital Advisors and Ellara Capital (India) are the lead managers or book running lead managers for the Austral Coke IPO issue.

China South Locomotive IPO

There is a new IPO or initial public offering set to hit the capital markets. The IPO belongs to China South Locomotive & Rolling Stock Corporation, which is the nation’s largest train maker and is based in Beijing.

What are the opening dates of China South Locomotive IPO?
The China South Locomotive IPO will open on date 5th August 2008 with the launch of it’s a-Share initial public offering.

How many shares will be offered for sale through the China South Locomotive IPO?
Around 3 billion A-shares will be offered for sale through the China South Locomotive IPO.

Where will the capital raised or fund raised from the China South Locomotive IPO be used?
The capital raised from the China South Locomotive IPO will be used for technology upgrade and development of new high speed trains.

Any other proposals for China South Locomotive IPO?
The South Locomotive of China is also a manufacturer of railway equipments. It is learnt that the company is also planning to raise another USD 2 billion via sale of around 2 billion shares in a Hong Kong IPO.

What are the future prospects of South Locomotive IPO?

To cater to the biggest population of China, there will be massive requirement of transport infrastructure and high speed trains. Many market experts believe that this sector is suppose to give fruitful results in the ling run, as the demand is high.

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Terni Energia IPO: Italy Solar Power IPO

A new IPO or initial public offering listing will be made on the Italian Stock Exchange on Friday, 25th of July 2008. The listing belongs to Italian solar power company Terni Energia which has recently completed its IPO process.

What is the price at which the Terni Energia IPO shares have been offered?
The Terni Energia IPO shares have been offered at the price of 1.3 Euros per share. This price is the bottom of the price range or price band of 1.3 to 1.7 Euros per share.

What is the market valuation of the Terni Energia IPO?
With the price per share of Terni Energia IPO shares set to 1.3 Euros per share, the valuation of Terni Energia is at around 31.23 Million Euros which is equivalent to USD 49 million approximately.

How many shares were offered for sale through the Terni Energia IPO?

Around 4 million shares of Terni Energia IPO were sold. This was around 18% of the company capital.

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Grameen Phone IPO Bangladesh

Bangladesh is set to see a roller coaster IPO this year. The IPO or initial public offering belongs to Grameenphone, a Norwegian-controlled mobile phone company of Bangladesh.

Given the size of the Grameenphone IPO, it is all set to become Bangladesh's biggest initial public offering in the recent past.

What is the size of the Grameenphone IPO?
The total size of the Grameenphone IPO is expected to be around 300 million USD. This includes a domestic IPO sell of around 150 million USD and the preceding placement of another 150 million USD.

Where will the shares of Grameenphone IPO be listed?
The shares of Grameenphone IPO will be listed on both the Dhaka Stock Exchange and Chittagong Stock Exchange.

Who are the book running lead managers or lead underwriters for the Grameenphone IPO issue?
The Grameenphone IPO is being lead underwritten by Citigroup Global Markets Bangladesh.

What is the business valuation and market outlook for Grameenphone IPO?
Grameenphone IPO is the leader in mobile business in Bangladesh. It has almost half of the 42 million mobile phone subscribers of Bangladesh. Mobile subscription is all set to increase in these countries, making it one of the front-runners for mobile business expansion.
The Grameenphone Company is presently controlled by Telenor of Norway. AK Khan agreed to sell a 30 per cent stake in TMIB to NTT DoCoMo in a $350m deal.

Is this the right time to enter into the capital markets for Grameenphone IPO?
Despite political uncertainties and problems, the Bangladesh stock market has seen a consistent rise in the Stock indices.

Though there has been a marginal dip of around 10% in the Bangladesh Index since the start of 2008, this is far better than the turmoil we have observed in other markets like India and US, which have gone down substantially.

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GCL Silicon Technology IPO ADS

A new IPO or initial public offering is set to hit the American Capital Markets very soon. The IPO belongs to Hong Kong-based company GCL Silicon Technology Holdings Incorporated.

What is the size of the GCL Silicon Technology IPO?
The GCL Silicon Technology IPO is expected to raise around $862.5 million USD.

What kind of shares will be offered through the GCL Silicon Technology IPO?
The shares to be offered by GCL Silicon Technology IPO will be American Depository Shares or ADS.

What is the business of GCL Silicon Technology company?
GCL Silicon Technology Holdings Limited or GCL Silicon, is dedicated to the research, development, production and sales of polysilicon. Polysilicon is the fundamental raw material used to produce semiconductors and photovoltaic (PV) applications. In recent years, polysilicon has been used extensively in the production of solar cell panels in the PV industry, which has significantly increased its market demand. According to the global industry forecast, solar power will surpass nuclear power to become one of the most important fundamental energy sources in the 21st century. This and other factors have generated a rapid increase in the global market demand for polysilicon.

GCL Silicon plans to set up a polysilicon production base for electronic grade and solar grade polysilicon in the next five years, with a total annual output over 15,000 tons.

Having a committed sense of both corporate and social duties and responsibilities, GCL Silicon seeks to establish a natural way of life by utilizing natural energy!

Where will the fund raised or capital raised from the GCL Silicon Technology IPO be used?
The GCL Silicon Technology IPO proceeds will be used for contribution to its China unit Jiangsu Zhongneng Polysilicon Technology Development Co, acquisitions, redemption of convertible bonds and other general corporate purposes.
GCL also plans to buy Sun Wave Group Ltd and Greatest Joy International Ltd, which own a 20 percent and 16 percent stake, respectively, in Jiangsu Zhongneng Polysilicon Technology Development and are controlled by GCL's chairman and majority shareholder, Zhu Gongshan, and affiliates.

Any other information available for GCL Silicon Technology IPO?
GCL will pay $240.6 million in cash using a part of the proceeds from the IPO, issue 2008 convertible bonds worth $446.9 million and about 268.5 million of its common shares.

What are the financial results of GCL Silicon Technology?
GCL Silicon Technology, which was not profitable until 2007, posted revenue of $81.5 million and net income of $35.5 million for the three months ended March 31, 2008.

Who are the lead underwriters for the GCL Silicon Technology IPO issue? Morgan Stanley, Credit Suisse, HSBC Securities, Cowen & Co and Piper Jaffray are the lead underwriters for the GCL Silicon Technology IPO. The company will list its ADS on the New York Stock Exchange with the symbol "GCL."

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Kencana Agri Singapore IPO: Indonesia

A new IPO is set to hit the Singapore capital markets. The IPO or initial public offering belongs to Indonesian palm oil producer Kencana Agri Limited, which is based in Indonesia.

What is the expected size of the Kencana Agri Singapore IPO?
The Kencana Agri Singapore IPO is expected to raise around 55 million Singapore Dollar (S$) from the Kencana Agri Singapore IPO.

How many shares will be sold through the Kencana Agri Singapore IPO?
A total of 200 million shares will be sold through the Kencana Agri Singapore IPO.

What is the price per share of Kencana Agri Singapore IPO?
The Kencana Agri Singapore IPO shares are priced at S$0.305 per share.

How is the Kencana Agri Singapore IPO issue structured?
Of the shares available for sale, 186.6 million will be sold via placement, 12.10 million will be reserved for employees and business associates, while 600,000 will be sold through the internet.
Kencana Agri Limited (Kencana Agri), formerly Kencana Agri Pte. Ltd., is a Singapore-based company engaged in the production of crude palm oil (CPO) and crude palm kernel oil (CPKO) in Indonesia, with oil palm plantations located in the Sumatera and Kalimantan regions. As of June 16, 2008, the Company’s total land bank was 95,410 hectares and its total planted area was 24,349 hectares. Kencana Agri has two palm oil mills and two kernel crushing plants, with one of each located on Bangka Island in Sumatera and in South Kalimantan, respectively. Its palm oil mills have a total production capacity of 120 metric tons/hour, and its kernel crushing plants have a combined production capacity of 435 metric tons/day. The Company also operates a renewable biomass power plant on Bangka Island, which generates electricity by utilizing waste recycled from the CPO production process. Most of the electricity generated is sold to PT Perusahaan Listrik Negara, a state-owned electricity company.

Where will the capital raised from Kencana Agri Singapore IPO be used by the company?
The fund raised from Kencana Agri Singapore IPO will be used to expand its plantation and palm oil milling capacity.

What is the listing date or trading date of Kencana Agri Singapore IPO shares? Kencana will start trading on the Singapore Exchange on July 25, 2008.

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Ivanhoe IPO Australia

A new IPO or initial public offering is set to hit the Australian markets very soon. The IPO belongs to Canada Based Ivanhoe Mines Ltd. (IVN) which is planning to spinoff of its copper, gold and uranium exploration interests in Australia'a Queensland and will do so by forming a company (probably by the name Ivanhoe Australia) and is thus floating an IPO or initial public offering for the same.

What is the expected size of the Ivanhoe IPO Australia?
The Ivanhoe IPO Australia company will be created with a market capitalization of around 645 million Australian Dollars. Though the parent company is Canada based, the listing will be in the Australian markets.
The Ivanhoe IPO is expected to raised around A$125.0 million.

How many shares will be sold through the Ivanhoe IPO?
Around 62.5 million shares are expected to be sold through the Ivanhoe IPO Australia.

What is the price per share of Ivanhoe IPO Australia?
The share price of Ivanhoe IPO Australia is set at A$ 2.00 per share. This information is as per the details filed by the company with the Australian Stock Exchange.

What are the opening dates of the Ivanhoe IPO Australia?
The Ivanhoe IPO offer opened on July 14 and the priority offer will close on July 29 followed by the broker offer on Aug. 1.

What is the listing date of the Ivanhoe IPO Australia?

The shares are scheduled to start trading on the Australian Stock Exchange on a deferred settlement basis on Aug. 5 and on a normal settlement basis on Aug. 7.

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Vishal Information Technologies IPO: Vishal Info IPO

A new IPO or initial public offering is expected to hit the Indian capital markets very soon. The IPO belongs to IT-enabled services and solutions provider, Vishal Information Technologies.

Where will the fund raised by IPO of Vishal Information Technologies IPO be used?
The capital raised by Vishal Information Technologies IPO will be used for setting up of subsidiaries in UK and USA along with expansion of its existing services.
A new facility will be setup in Chennai and a marketing office and quality assurance center in Mumbai is also planned.

How many shares will be sold through the Vishal Information Technologies IPO?
A total of 27.9 lakh or 2.79 million shares will be sold through the Vishal Information Technologies IPO.

What is the price band or price range of shares of Vishal Information Technologies IPO?
The shares of Vishal Information Technologies IPO will be offered for sale in the price range of Rs 140 to Rs 150 per equity share. The shares will have a standard face value of Rs. 10 per share.

What are the opening dates and closing dates of Vishal Information Technologies IPO?
The Vishal Information Technologies IPO issue would open on July 21 and close on July 24.

What is the primary business and valuations of Vishal Information Technologies Company?
Vishal Information Technologies Ltd. provides solutions that enable publishers to create, manage, re-purpose, and distribute content. We combine people, processes, and technologies to create and print high quality content. Our Global Publishing Solutions using onsite and offshore resources and services provides unmatched value for our clients.

The cost of setting up the facility in Chennai would be Rs 16.05-crore. The quality assurance centre and marketing office in Mumbai would be set up at an investment of Rs 5.43-crore.

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