IPO of MANDHANA INDUSTRIES LTD

The IPO of MANDHANA INDUSTRIES LTD., is open for subscription from today, April 27, 2010

The issue period is April 27, 2010 to April 29, 2010. Price Range: Rs.120/- to Rs. 130/- # Market Lot:50 Shares.

Details of issue:

MANDHANA INDUSTRIES LIMITED
Symbol – Series MANLTD EQ
Issue Period Apr 27, 2010 to Apr 29, 2010
Issue Size 83,00,000 equity shares
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs 120 to Rs 130
Tick Size Re. 1/-
Market Lot 50 Equity Shares
Minimum Order Quantity 50 Equity Shares
Maximum Subscription Amount for Retail Investor Rs.100000
IPO Market Timings 10.00 a.m. to 5.00 p.m.
IPO Grading CRISIL IPO Grade 3
Rating Agency CRISIL Limited
Book Running Lead Manager Edelweiss Capital Limited and Axis Bank Limited
Syndicate Member Edelweiss Securities Limited
Categories FI, IC, VC, MF, FII, FVCI, SIDC, PF, PEF, MLA, BDFI, NIF, CO,FIISA, IND, HUF, NRI , and OTH.
No. of Cities with Bidding Centers 56
Name of the registrar Link Intime India Private Limited
Address of the registrar C -13, Pannalal Silk Mills Compound,L.B.S Marg, Bhandup (West), Mumbai ? 400 078
Contact person name number and Email id Mr. Sachin Achar, Tel: +91 22 2596 0320 Email: mandhana.ipo@linkintime.co.in

FOR THE DAY (27-04-2010)

FOR THE DAY: The indices are expected to open on a flat note in response to the flat US and mixed Asian indices. Traders are advised to trade long if Nifty sustains above 5300 levels, with stop loss placed at 5280 for the targets of 5330 and 5350 levels. Alternatively, trade short below 5280, targeting 5250 levels. .

IPO of TARAPUR TRANSFORMERS Ltd

The IPO of TARAPUR TRANSFORMERS Ltd. is open for subscription from April 26, 2010

The issue period is April 26, 2010 to April 28, 2010. Price Range: Rs.65/- to Rs. 75/- # Market Lot:90 Shares.

Details of issue:

TARAPUR TRANSFORMERS LIMITED
Symbol – Series TARAPUR EQ
Issue Period Apr 26, 2010 to Apr 28, 2010
Issue Size 85,00,000 equity shares
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs. 65 To Rs. 75
Tick Size Re. 1/-
Market Lot 90 Equity Shares
Minimum Order Quantity 90 Equity Shares
Maximum Subscription Amount for Retail Investor Rs.100000
IPO Market Timings 10.00 a.m. to 5.00 p.m.
IPO Grading CRISIL IPO Grade 1
Rating Agency CRISIL
Book Running Lead Manager Comfort Securities Pvt Limited
Syndicate Member Comfort Securities Pvt Limited
Categories FI, IC, VC, MF, FII, FVCI, SIDC, PF, PEF, MLA, BDFI, NIF, IFMA,CO,FIISA, IND, HUF, NRI , and OTH.
No. of Cities with Bidding Centers 46
Name of the registrar BIGSHARE SERVICES PRIVATE LIMITED
Address of the registrar E-2/3, Ansa Industrial Estate, Sakivihar Road,Saki Naka, Andheri (E), Mumbai 400 072
Contact person name number and Email id Mr. Ashok Shetty, Tel: +91- 22 2847 0652 Email: ashok@bigshareonline.com

Good Morning (27-04-2010)

Asian stocks declined, led by technology and health-care companies, as memory-chip prices fell and Credit Suisse Group AG downgraded blood-products maker CSL Ltd.

Indian Market will open in flat to negative note.

NIFTY range for the day would be 5280-5300-5320-5345-5365

SGX NIFTY is trading at – 13 (5307) @ 8:05 IST.

Crude is trading at $83.89.

Gold is trading at $1156.8 (Rs.16772).

Rs vs $ is at 44.39.

Calls:

GREAVESCOT
BAJAJAUTO
M&M
KALECONSUL
TIL
TATAMETALI
DICIND
Have a nice Trading Day ! Trade with strict stop loss.