Power grid IPO Allotment : Power Grid Corporation of India IPO allotment Status

PowerGrid Corporation of india IPO allotment status will be the most searched word for the week and coming weeks , but think retailers need to be happy as the Allotment will be good for them atleast 1:5 and like any other government IPO they might give firm allotment to all the retailers but have a little bit less stock alloted.

Power Grid Corporation IPO Allotment would be good news for Retailers after a long time

Power Grid Corporation IPO finally closed yesterday after fully subscribing by 65 times.
But the good news is that the retailer side is subscribed just by 5 times , which means almost everyone will get some or other lot of Power grid stocks.
More interesting part is QIB is subscribed by whooping 111 times.
For the HNI category, it has subscribed nearly 40 times

US Market closed green but asian market are Nose Diving

After a Dull start investors returned from the Labor Day weekend did some analysis on the sustainability of recent market gains, it didn't take long for the major averages to regain momentum and extend Friday's relief rally.As we all know that September month is flat month for Stock Markets, with some bad economic data its for sure FED will reduce Interest rates.

Dividend and Record Date Announced as on September 4th 2007

500265
Maharashtra Seamless Ltd.BC
25/09/2007
30% Dividend
500444
West Coast Paper Mills Ltd.,
RD
2/11/2007
Stock splits from Rs 10 to Rs 2
501379
Shaw Wallace & Co. Ltd.,
15 % Dividend
504840
Kaira Can Co. Ltd.,
BC
25/09/2007
25% Dividend
514412
Sarup Tanneries Ltd.
BC
25/09/2007
12% Dividend
519136
Nahar Industrial Enterprises Ltd
BC
22/09/2007
10% Dividend
520075
Samkrg Pistons and Rings Ltd.
BC
21/09/2007
35% Dividend
524652
Ind-Swift Ltd.
BC
25/09/2007
20% Dividend
524689
Parenteral Drug (India) Ltd.
BC
25/09/2007
15% Dividend
526550
Country Club (India) Ltd.
BC
27/09/2007
20% Dividend
526853
Bilcare Ltd.
BC
24/09/2007
40% Dividend
530719
IKF Finance Ltd.
BC
24/09/2007
10% Dividend
531816
Panoramic Universal Limited
BC
25/09/2007
532156
Vaibhav Gems Ltd.
BC
24/09/2007
5% Dividend
532389
Valecha Engineering Ltd.
RD
5/10/2007
Bonus issue
532624
Jindal Photo Limited
BC
14/09/2007
10% Dividend
532649
Nectar Lifesciences Limited
BC
20/09/2007
20% Dividend
590064
Jai Balaji Industries Limited
BC
25/09/2007
8.5% Dividend

Stocks going EX Dividend , EX Date - India Bulls , Mahendra Gesco and more

517494ACCEL TRANS5-Sep-07Dividend0.6
512519DONEAR INDUS5-Sep-07Dividend1.5
532178ENGINER IN5-Sep-07Dividend6
515147HALDYN GLA G5-Sep-07Dividend1.8
522073HITECH GEARS5-Sep-07Final Dividend1
531241LINC PEN PLA5-Sep-07Dividend1.2
532527RK FORGINGS5-Sep-07Dividend 1
502455 SIRPUR PAP 5-Sep-07 Dividend 3.5
532143 SKM EGG PROD 5-Sep-07 Dividend 0.5
531728 AMRIT ENTERP 6-Sep-07 Dividend 1.5
526851 AREX IND. 6-Sep-07 Final Dividend 0.9
531297 ARTEFACT PR 6-Sep-07 Dividend 0.75
523019 B.N.RATHI SE 6-Sep-07 Dividend 1.2
509470 BOM.OXYGEN 6-Sep-07 Dividend 11
523200 CLASS DIAM I 6-Sep-07 Dividend 2.5
532339 COMPUCOM SOF 6-Sep-07 Final Dividend 1.5
532542 CREW BOS 6-Sep-07 Final Dividend 0.75
520022 DENSO INDIA. 6-Sep-07 Dividend 1.2
506414 DIL LTD 6-Sep-07 Dividend 5
523618 DREDG CORP I 6-Sep-07 Final Dividend 9
532715 GITANJALI GE 6-Sep-07 Dividend 1.5
505576 GOLDCRES FIN 6-Sep-07 Dividend 0.75
524226 GUJ AMB EXP* 6-Sep-07 Dividend 0.36
500690 GUJARAT STAT 6-Sep-07 Dividend 4.5
524669 HESTER PHARM 6-Sep-07 Dividend 2
500184 HIMAD CHEM I 6-Sep-07 Dividend 5
524019 HYDRO S & S 6-Sep-07 Dividend 1.2
532544 INDIABULLS 6-Sep-07 Final Dividend 1
532001 INDUCTO STEL 6-Sep-07 Dividend 0.5
523596 IRCON INTERN 6-Sep-07 Dividend 5.7
532605 JBM AUTO 6-Sep-07 Dividend 2
532286 JINDAL STEEL 6-Sep-07 Final Dividend 12
517569 KEI INDUSTRI 6-Sep-07 Dividend 0.5
505299 KULK POW TOO 6-Sep-07 Dividend 3
500250 L.G.BALABROS 6-Sep-07 Dividend 0.5
532313 MAHINDRA GES 6-Sep-07 Dividend 1.5
513269 MAN INDUST I 6-Sep-07 Dividend 3
532607 ONTRACK SYS 6-Sep-07 Dividend 0.05
524051 POLYPLEX COR 6-Sep-07 Final Dividend 4
532647 PROVOGUE IND 6-Sep-07 Dividend 1.5
509845 R.J.SHAH 6-Sep-07 Dividend 2.5
503127 RAJA BAHADUR 6-Sep-07 Dividend 10
513436 SHAH ALLOY L 6-Sep-07 Dividend 1
500404 SUN IR STEEL 6-Sep-07 Dividend 0.25
501386 SWASTIK SAFE 6-Sep-07 Dividend 1
505850 TAK MACHINE. 6-Sep-07 Dividend 2
505685 TAPARIA TOOL 6-Sep-07 1st Interim Dividend 2
523628 WEAROLOGY LT 6-Sep-07 Dividend 1
506720 ZANDU PHAR W 6-Sep-07 Dividend 15
531845 ZENITH BIRLA 6-Sep-07 Dividend 0.6

Allied Computers International IPO : Allied Computers International IPO opening on September 7th 2007

Allied Computers International IPO Details Public issue of 50,00,000 Shares of face value of Rs.10/- each issued for cash at a premium of Rs.2/- per share aggregating to Rs.6.00 Crores (hereinafter reffered to as the 'issue') by Allied Computers International (Asia) Limited (the 'company' or 'issuer'). The net issue to the public would constitute 26.31% of the fully diluted post issue paid-up capital of the company. The issue price of Rs.12/- per equity share is 1.2 times of the face value. About Allied Computers International The Company, ACi (Asia), was established in India in May 2002 to prpmote notebook specialist brand "ACi" with Headquarter in Mumbai. IPO open from 7-Sep-2007 to 12-Sep-2007 Application price : 12 rs Minimum Application for shares in Nos : 500 Further Multiples of : 100 Project Cost : 7.78 Cr Project financed through current offer 6.00 Post Issue Equity share capital 19.00 Issue Price Rs. 12.00 Object of the issue: Set up Global Laptop,TFT &other Equip. Serv.Centre (Vasai).