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IPO Flash

23/09/16 L&T Technology Services Ltd. surprises with a decent Listing on Day 1. Grey market rates were Rs. -15 a day before the listing.

22/09/16 L&T (LT)  Technology Services to list shares on September 23

21/09/16 even as ICICI Prudential Life Insurance IPO got good overall subscription, its GMP (grey market premium)  tumbled to around Rs. 10/-

21/05/16 Positive for markets Bank Of Japan  in an unexpected step would start targeting 10-year interest rates, committing to keep them around zero as part of a new policy framework aimed at stoking inflation. BOJ also said it would continue quantitative easing until inflation exceeds 2%, effectively strengthening its commitment to continue aggressive easing.

At the latest policy meeting, the BOJ left its deposit rate unchanged at minu

20/09/16 Grey market turns nervous as ICICI Prudential Life Insurance fails to put a strong subscription figure on Day 2. Few buyers as GMP and Kotsak take a hit

20/09/16 ICICI Prudential Life Insurance ( ICICI Pru Life) Grey market price comes down ( Rs. 15-16)  / kostak  (Rs. 700)  on 2nd day of issue opening

18/09/16  ICICI Prudential Life Insurance IPO ( ICICI Pru Life) Grey market price ( Rs. 23-24)  / kostak  (Rs. 900+)  remain firm before opening of issue.

18/09/16  Pawan Hans firms up modernisation plan ahead of going public by end-2017 or early-2018 for Rs 350 crore

17/09/16 KIMS Hospitals picks Axis Capital, ICICI Securities Ltd and Edelweiss Financial Services Ltd to manage its 600 cr  initial public offering (IPO)

16/09/16 ICICI Prudential Life Insurance raises 1635 crore from anchor investor in pre ipo placement .  http://ipoandmore.com/2016/09/14/icici-prudential-life-insurance-ipo-run-ipo/     see complete anchor list

16/09/16 GNA axles IPO retail application wise subscribed 8x, amount wise  10x and overall 54 x

16/09/16  (morning 11 am)  Grey market Premium  GMP , Application Form/Kostak of  current IPOs

Grey Market Price (GMP) in Rs. Application Form / Kostak Price in  Rs.
L&T Technology Services NIL NIL
GKA Axles 30-40 275-300
ICICI Prudential Life 20-21 900

15/9/16  HPL Electric fixes price band at Rs 175-202/sh for Rs 361 crore  IPO

14/9/16 HPL Electric and Power Ltd IPO will open on 22 September and close on 26 September.. The company manufactures electrical equipment like meters, switchgears, wires and cables and plans to raise 350-400 crore

14/9/16 : (morning 11 am)  Grey market Premium  GMP of  current IPOs

Grey Market Price (GMP) in Rs. Application Form / Kostak Price in  Rs.
L&T Technology Services 22-24 250/-
GKA Axles Expected to start today
ICICI Prudential Life 22 800

12/9/16 Grey market Premium GMP of current IPO’s like L&T Technology Services Ltd., GNA Axles Ltd. crashes with no buyers and ICICI Prudential Life Insurance crashes to Rs. 16-18

IRB Infra to list investment trust fund. IPO to raise Rs 4,300 crore through six road assets

The BSE has filed the Draft Red Herring Prospectus with the markets regulator on 9/9/2016,  bringing it a step closer to IPO &  listing its shares.

Varun Beverages IPO: PepsiCo bottler gets Sebi nod for public issue

Ajay Piramal considers IPOs to lift group valuation to $20 billion by 2020

BTVi Interview with President and COO of GNA Axles 

Chairman aims to double L&T Technology Services’ annual revenue over the next three to four years.

Reports of softening of L&T technology Services Ltd (LTTSL) grey market price ( GMP ) as  well as Application form / Kostak rates (this was already down and volume was very limited)

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