Prabhat Dairy's IPO subscribed 42 per cent at the end of Day 5

THE ECONOMIC TIMES Fri, Sep 04, 2015 | 08:01 AM IST ET Investment Opportunities

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. Sebi seeks clarifications from 4 firms on IPO plans Sebi seeks clarifications from 4 firms on IPO plans Without getting into specifics, the Securities and Exchange Board of India (Sebi) has said it's awaiting response from lead managers for the proposed public offers.

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   Prabhat Dairy Ltd. 115.00 - 126.00 28-08-2015 04-09-2015 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   Reliance FHF XXIX Series 5 Direct-D Debt: FMP Closed-end 31 Aug 2015 07 Sep 2015 5,000 Reliance FHF XXIX Series 5 Reg-D Debt: FMP Closed-end 31 Aug 2015 07 Sep 2015 5,000 Reliance FHF XXIX Series 5 Reg-G Debt: FMP Closed-end 31 Aug 2015 07 Sep 2015 5,000 Reliance FHF XXIX Series 5 Direct-G Debt: FMP Closed-end 31 Aug 2015 07 Sep 2015 5,000 ICICI Pru FMP Series 77 1144D Plan T Direct-D Debt: FMP Closed-end 01 Sep 2015 07 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   Axis Hybrid Series 26 Direct-G Hybrid: Debt-oriented Conservative Closed-end 21 Aug 2015 04 Sep 2015 5,000 Axis Hybrid Series 26 Direct-D Hybrid: Debt-oriented Conservative Closed-end 21 Aug 2015 04 Sep 2015 5,000 Axis Hybrid Series 26 Reg-G Hybrid: Debt-oriented Conservative Closed-end 21 Aug 2015 04 Sep 2015 5,000 Axis Hybrid Series 26 Reg-D Hybrid: Debt-oriented Conservative Closed-end 21 Aug 2015 04 Sep 2015 5,000 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 More >>

Views and Recommendations

Will not bullish yet; can see further selling if Nifty hits 7,950: Sandeep Wagle 03 September, 2015, 04:23 PM IST I would still wait, I would still need more evidence to take a decision to go long in a big way and decide that the bottom has been made that is still not done. Market will be choppy going ahead; will re-test 8,000 : Mitesh Thacker 03 September, 2015, 04:15 PM IST It will be a choppy market, typically, bounce backs are choppy. 7,700 looks like some kind of short-term low being made and we could be in a slightly boarder range of about 7,700 to about 8,050. Value is emerging in metals, PSU companies and real estate post correction: Parag Thakkar, HDFC Securities 03 September, 2015, 03:47 PM IST They have got very good dividend yields and very low cost structure so the values were emerging but, today because there is no bad news one is trying luck buying these values. Overleverage, pledged promoter equity is behind the sell-off in Amtek Auto: Parag Thakkar, HDFC Securities 03 September, 2015, 03:37 PM IST Significantly, high promoters' leverage also creates huge issues. When the stock price goes down, everybody just wants to sell.

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