HDFC Bank To Buy Centurion Bank of Punjab

Reliance Fixed Horizon Fund - IXTata Small and Midcap Infrastructure FundICICI Prudential Banking and Financial Services FundHSBC Banking and Financial Services FundHSBC Infrastructure and Real Estate FundHSBC Agri and Natural Resources FundStandard Chartered Ancillary Companies FundStandard Chartered Fifty FIfty Equity FundFidelity Small and Mid Cap FundPrincipal PNB Long Term Equity FundSundaram BNP Paribas Select Thematic Funds - Financial Services Opportunities

Mr.Sameer Trivedi
http://www.avdhootinvestment.com

Reliance Power Bonus Issue - Doubts Cleared

Mails are flowing to me from the moment when Reliance Power issued a statement a week back saying they are going to take care of the losses that has ocurred for Retail investors .Today after a week they announced of the idea of Bonus shares to reliance power shareholders , they informed today that they will give 3 bonus shares for 5 shares already holded in reliance power .
Visit: http://www.avdhootinvestment.com

REC IPO allotment - Might not be firm for Retail

REC IPO Finally got subscribed by almost 18 times on overall but not yet clear in the retail side and other figure , will update when i get the information .

Reliance Infratel IPO and Reliance Power Bonus Issue

Reliance Power Bonus issue is a strategy to create a very good investor relation and as they need more fund for all other company through IPO they are making sure that the retailers and other investor are happy , The next big IPo coming from them is Reliance Infratel IPO.

Relience Power Complain

If u r not getting your Alloted Shares in your D-mat or not received Refund order by Relience Power IPO. U can make comlain on http://www.karvy.com/ than click IPO allotment Status menu. After punch your Application no. in menu u will get Complain Form just fillup the form & get responce within 72 hrs.

Reliance Power IPO Listing Details

Reliance Power IPO Listing Date is confirmed to the market yesterday and slated to list on Monday, February 11, 2008
BSE Script Code: 532939
NSE Symbol: RPOWER
Listing in: A Group of Securities
Issue Price: Rs. 450/-
(Discount of 20 rs for the retailers)
Face Value: Rs 10/- Per Equity Share

vGuard IPO opes on Feb 18th 2008

Cochin-based V-Guard Industries is entring capital markets with a initial public offering (IPO) of 8 million equity shares of Rs 10 each for cash, at a price to be decided through a 100% book building process.Issue DateThe issue will open on February 18 and will close on February 21.Price BandThe price band has been fixed between Rs 80 to Rs 85 a share.Crisil RatingThe issue has been graded by Crisil with an IPO Grade 3

IRB Infrastructure IPO Oversubscribed by 4.30 times

IRB Infrastructure Developers Limited IPO got Oversubscribed by 4.30 times on the closing day .Bid Details
Qualified Institutional Buyers (QIBs) 6.42152
Non Institutional Investors 1.55773
Retail Individual Investors (RIIs) 0.98974
Employee Reservation 0.9432

Tulsi Extrusions Limited Oversubscribed by 2.08 times

Tulsi Extrusions Limited Oversubscribed by 2.08 times on the closing day.Its becuase the Price Range is Rs 80 to Rs 85 , the IPo got good subscription from the retail side.Bid Details
Qualified Institutional Buyers (QIBs) 1.54062
Non Institutional Investors 3.10763
Retail Individual Investors (RIIs) 2.45974
Employee Reservation 1.0673

LIC is introducing Health Plus Insurance Plan

Lic is introducing today Health Plus Insurance Product.
Age Limit: 3 months to 55 years.All Family member's are covered in a single policy thrugh this health plan.
LIC's first plan for medical treatment which is treating like Mediclaim Policy of General Insurance.
No tention of lapsation like general insurance it is working as per another regular plan's.ECS facility is also avail in this plan.
Double accident benefit is also coverd under this plan.
Total Family is covered by a single policy for taking Medical care of them.

Reliance Infratel IPO - Issue Details

About Reliance InfratelThe Company is part of the Reliance Anil Dhirubhai Ambani group and its business is to build, own and operate telecommunication towers and related assets at designated sites and to provide these passive telecommunication infrastructure assets on a shared basis to wireless service providers and other communications service providers under long-term contracts.These customers use the space on the Company’s telecommunication towers to install their active communication-related equipment to operate their wireless communications networks.About Reliance Infratel IPO IssueReliance Communications Ltd has announced that the Reliance Infratel Ltd, (the “Company”), subsidiary of the Company proposes an initial public offering of 8,91,64,100 Equity Shares of Rs 5 each (”Equity Shares”) for cash at a premium (the “issue”) to be decided through the 100% book building process. The Issue will constitute 10.05% of the post-Issue paid-upequity capital of the Company.DRHP with SEBIThe Company has filed its Draft Red Herring Prospectus (”DRHP”) with the Securities and Exchange Board of India (”SEBI”), on February 04, 2008.Issue AllocationQIB - 60 percent and Mutual Fund 5 percent out of it .Retail - 30 percentNon-Institutional Bidders - 10 percentIssue PurposeThe Issue proceeds are proposed to be utilized to finance the development of passive infrastructure sites and for general corporate purposes.