Primary Market – IPO – SEA TV NETWORK LIMITED

The Primary Market IPO  SEA TV NETWORK LIMITED is open for subscription.

  • The issue period is September 27, 2010 to September 29, 2010
  • Price Range: Rs.90.00 to Rs.100.00
  • Market Lot: 65 Shares
SEA TV NETWORK LIMITED
Symbol – Series SEATV EQ
Issue Period Sep 27, 2010 to Sep 29 2010
Post issue Modification Period 30-Sep-10
Issue Size Issue size of upto [*] shares of face value of Rs 10 each aggregating to Rs. 5020 Lacs
Issue Type 100% Book Building
Price Range Rs 90 to Rs 100
Tick Size Re. 1/-
Market Lot 65 Equity Shares
Minimum Order Quantity 65 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 1
Rating Agency ICRA Ltd
Book Running Lead Manager Chartered Capital and Investment Limited
Syndicate Member Chartered Capital and Investment Limited
Categories FI,IC,MF,FII,OTH,CO,IND,and NOH
No. of Cities with Bidding Centers 35
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. Chetan Shinde,Ph:(022) 25960320 Fax:- (022) 25960329 E-Mail:stnl.ipo@linkintime.co.in

Today’s Levels (27-09-2010)

(Last Close : Sensex 20045 : Nifty Spot 6018)
Today’s Levels
Trade long if Sensex sustains above 20045 (Nifty 6018)
[Upside targets/resistances at 20130(6045)/20200(6060) or higher]
Trade short if Sensex fails to sustain above 20200 (Nifty 6060)
[Downside targets/supports at 20130(6045)/20045(6018) or lower]

FOR THE WEEK (27 Sep – 1 Oct, 2010)

FOR THE WEEK: The immediate resistance levels for the Sensex and Nifty are at 20200-20350-20500 and 6100-6150-6200, respectively, while the support level is at 19850-19700-19500 and 6050-6030-6000. Any move close to the resistance levels can be used to book partial profits and initiate fresh positional long positions only if the Sensex manages to sustain above its support levels. However, considering the global uncertainty, maintain strict stop losses for all the long positions.

For The Day (27-09-2010)

FOR THE DAY: Domestic markets are likely to open on a positive note, taking cues from the positive US and mixed Asian indices. Traders are advised to trade long in Nifty above 6070 levels, else from 6050 with a stop loss at 6030 levels, targeting higher levels of 6100 and 6150.