IPO – BAJAJ CORP LIMITED

The Primary Market for IPO BAJAJ CORP LIMITED is open for subscription.

  • The issue period is Aug 02, 2010 to Aug 05 2010
  • Price Range: Rs.630/- to Rs 660/-
  • Market Lot: 10 Shares
BAJAJ CORP LIMITED
Symbol – Series BAJAJCO EQ
Issue Period Aug 02, 2010 to Aug 05 2010 [* For QIB bidders Issue closes on Aug 04, 2010]
Post issue Modification Period 06-Aug-10
Issue Size Public issue of up to 4,500,000 equity shares of Rs. 5/- each[including anchor portion of 810,000 equity shares]
Issue Type 100% Book Building
Price Range Rs 630 to Rs 660
Tick Size Re. 1/-
Market Lot 10 Equity Shares
Minimum Order Quantity 10 Equity Shares
Maximum Subscription Amount for Retail Investor Rs.100000
IPO Market Timings 10.00 a.m. to 5.00 p.m.
IPO Grading IPO Grade 4
Rating Agency CRISIL
Book Running Lead Manager Kotak Mahindra Capital Company Limited
Syndicate Member Kotak Securities Limited
Categories FI,IC,MF,FII,OTH,CO,IND,and NOH
No. of Cities with Bidding Centers 56
Name of the registrar Karvy Computershare Private Limited
Address of the registrar Plot No. 17 to 24, Vithalrao Nagar, Madhapur, and Hyderabad 500 086
Contact person name number and Email id Mr. M. Murali Krishna,Tel: 91-40-2342 0815-28; Fax:91-40-2343 1551 E-Mail:bajajcorp.ipo@karvy.com

FOR THE DAY (03-08-2010)

FOR THE DAY: The indices are expected to open on a positive note in response to the strong global indices. Trade long in Nifty above 5450, else from 5420 levels with stop loss placed at 5400 targeting 5480-5500 levels.

Today’s Levels (03-08-2010)

(Last Close : Sensex 18081 : Nifty Spot 5432)
Today’s Levels
Trade long if Sensex sustains above 18033 (Nifty 5412)
[Upside targets/resistances at 18104(5438)/18167(5453) or higher]
Trade short if Sensex fails to sustain above 18167(Nifty 5453)
[Downside targets/supports at 18104(5438)/18033(5412) or lower]