Thursday, June 5, 2008

Mundra Port Allotment, Barak valley Listing tomorrow

Mundra Port IPO Allotment Status

Mundra Port IPO Allotment Status is out . You can check the allotment status from link below

Click here for Mundra Port IPO Allotment Status

The website of Intime Spectrum, the Registrar to the issue is currently not accesible due to heavy traffic of investors, so it is advisable to check status late in the night or you can call the intime spectrum office.

The stock was oversubscribed a whooping 116 times with Retail portion oversubscribed 16 times. An extremely strong listing is expected for the stock given the apetite for the IPO. The Grey market is putting a price tag of Rs. 900-1000 for the listing of Mundra Port.

Barak valley Cements listing tomorrow
Barak Valley Cement is listing on 23rd November,2007. The IPO was subscribed 27 times. Against the offer price of Rs. 42, the stock is commanding a premium of Rs. 28 in grey market which translates into a listing price of Rs. 80 Investors are advised to book profits on a price above Rs. 80

Rathi Bars to list tomorrow
Another Stock making a debut tomorrow, but a low profile one. This was a Fixed price IPO where the shares were offered at Rs. 35 The oversubscription numbers are not available. The Gery market is putting a modest premium of Rs. 3 on the offer price. However, given the current volatilty, the stock may spring some surprises on the listing date. Investors can consider profit booking at levels above Rs. 50.

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