Prabhat Dairy's IPO closes successfully

THE ECONOMIC TIMES Fri, Sep 11, 2015 | 08:06 AM IST ET Investment Opportunities

Prabhat Dairy's IPO closes successfully Prabhat Dairy's IPO closes successfully The initial public offering (IPO) of Prabhat Dairy has managed to sail through despite weakness in the secondary market. Prabhat Dairy's IPO subscribed 42 per cent at the end of Day 5 Prabhat Dairy's IPO subscribed 42 per cent at the end of Day 5 The initial public offering (IPO) of Prabhat Dairy was subscribed 42 per cent at the end of the fifth day of subscription today despite a cut in issue price. Grey market shirks IPO deals on sell-off Grey market shirks IPO deals on sell-off The recent stock market sell-off and poor listing of Power Mech Projects have resulted in stoppage of grey market deals and bets being called off. Sadbhav Infrastructure Project's IPO pulls through, subscribed 2.22 times Sadbhav Infrastructure Project's IPO pulls through, subscribed 2.22 times The initial public offering (IPO) of Sadbhav Infrastructure Project was subscribed 2.22 times, the last day of its subscription.

NFO (FMPs) Fund Name Category Type Open Close Min Inv   Kotak FMP Series 179 - 1099D Direct-D Debt: FMP Closed-end 09 Sep 2015 12 Sep 2015 5,000 Kotak FMP Series 179 - 1099D Reg-D Debt: FMP Closed-end 09 Sep 2015 12 Sep 2015 5,000 Kotak FMP Series 179 - 1099D Direct-G Debt: FMP Closed-end 09 Sep 2015 12 Sep 2015 5,000 Kotak FMP Series 179 - 1099D Reg-G Debt: FMP Closed-end 09 Sep 2015 12 Sep 2015 5,000 ICICI Pru FMP Series 77 1134D Plan U Reg-D Debt: FMP Closed-end 11 Sep 2015 16 Sep 2015 5,000 More >>

Real Estate News

Basements can be sold and registered independently in Haryana In a landmark judgment that is bound to bring relief to property owners, the Supreme Court ruled on September 17 that basements of residential houses can now be sold and registered separately in Haryana. Store in style Store in style NRI demand in Indian realty up in Oman Indian developers do visit Muscat periodically to organise individual road shows but here again local licensing laws impose stringent stipulations without which it would be difficult to reach the target audience. What makes Noida Extension first choice of property buyers The future holds great promise both for individual buyer who wants a house to live and investors both individual and large.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   UTI Dual Advantage Fixed Term Fund Sr II-II (1997 D) Direct-D Hybrid: Debt-oriented Conservative Closed-end 01 Sep 2015 15 Sep 2015 5,000 UTI Dual Advantage Fixed Term Fund Sr II-II (1997 D) Direct-G Hybrid: Debt-oriented Conservative Closed-end 01 Sep 2015 15 Sep 2015 5,000 UTI Dual Advantage Fixed Term Fund Sr II-II (1997 D) Reg-D Hybrid: Debt-oriented Conservative Closed-end 01 Sep 2015 15 Sep 2015 5,000 UTI Dual Advantage Fixed Term Fund Sr II-II (1997 D) Reg-G Hybrid: Debt-oriented Conservative Closed-end 01 Sep 2015 15 Sep 2015 5,000 Birla SL Focused Equity Ser 6 Reg-D Equity: Large Cap Closed-end 07 Sep 2015 01 Oct 2015 5,000 More >>

Views and Recommendations

Wait for currency to stabilise in EMs to invest in the market: BP Singh, Pramerica Mutual Fund 11 September, 2015, 07:51 AM IST Therefore, one will have to just wait for this redemption to taper off before one starts buying and the signal of that will come only once the currencies in the emerging economy stats to stabilise. Prefer Power Grid with a target of Rs 170: Mayuresh Joshi, Angel Broking 10 September, 2015, 04:23 PM IST So, again, I am very optimistic on Power Grid, we have got a target of Rs 170 over the next 12 to 15 months. Bears may go for a hiding; expect Nifty to reclaim 8,000 soon: Ashwani Gujral 10 September, 2015, 04:15 PM IST The Nifty was trading at an eight point premium so chances are that we are at some sort of exhaustion point on the downside and the risk reward is fairly a favourable towards the upside. Prefer JK Tyre among tyre stoks; Amara Raja in battery space: Mayuresh Joshi, Angel Broking 10 September, 2015, 04:10 PM IST The kind of timely capital expenditure that a lot of these guys have turned, specifically, in the case of JK Tyres they have expanded their radial capacity from 1.5 to 2.3.

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