The IPO of ASTER SILICATES Ltd., is open

  • The issue period is June 24, 2010 to June 28, 2010
  • Price Range: Rs.112.00 to Rs.118.00
  • Market Lot: 50 Shares


Symbol – Series ASTERSIL EQ
Issue Period June 24, 2010 to June 28, 2010
Post issue Modification Period 29-Jun-2010
Issue Size Public Issue of [.] Equity Shares of Rs. 10/- each for cash aggregating to Rs. 5310 lacs
Issue Type 100% Book Building
Face Value Rs.10/-
Price Range Rs 112 to Rs 118
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 grade of 2/5
Rating Agency Brickwork Ratings India Private Limited
Book Running Lead Manager Saffron Capital Advisors Private Limited
Syndicate Member Saffron Global Markets Private Limited and Reliance Securities Limited
Categories FI, IC, MF, FII, OTH, CO, IND, and NOH
No. of Cities with Bidding Centers 57
Name of the registrar Sharepro Services (India) Private Limited
Address of the registrar 13AB, Samhita Warehousing Complex,Sakinaka Telephone Exchange Lane,Off Andheri Kurla Road,Sakinaka, Mumbai 400 072
Contact person name number and Email id Mr. Subhash Dhingreja and Mr. Kumresan V Tel No 91 22 6772 0300 and 0400, Fax No 91 22 2859 1568


Today’s Levels (24-06-2010)

(Last Close : Sensex 17756 : Nifty Spot 5323)
Today’s Levels
Trade short if Sensex fails to sustain above 17782 (Nifty 5333)
[Downside targets/supports at 17725(5309)/17652(5288) or lower]
Trade long if Sensex sustains above 17725 (Nifty 5309)
[Upside targets/resistances at 17782(5333)/17853(5345) or higher]

For the Day (24-06-2010)

FOR THE DAY: The indices are expected to open on a flat note in response to the mixed global indices. Trade long in Nifty above 5330 levels, else from 5300 with stop loss placed at 5270 targeting 5350 & 5380 levels.

Introduction of futures and options contracts on 3 additional individual (NSE Circular No.055)

NSE  Circular regarding Introduction of futures and options contracts on 3 additional individual contracts on 25.06.2010 is appended herewith.

S. No Symbol Security Name
1 ABGSHIP ABG Shipyard Ltd.
2 COREPROTEC Core Projects & Technologies Ltd.
3 ORBITCORP Orbit Corporation Ltd.

Good Morning (24-06-2010)

Most Asian stocks rose as material companies jumped following Australian Prime Minister Kevin Rudd’ s resignation over his proposed tax on mining. Japanese exporters fell on a slump in U.S. housing sales.

Indian market will open in flat note

NIFTY range for the would be 5270-5290-5315-5340-5360

SGX NIFTY is trading at -14 (5329) @ 8:10 IST

Gold is trading at $1236.4 ( Rs 18703). Crude is trading at $76.28. Rs vs $ is at 46.19.



Have A Nice Trading Day.