Government IPO/ FPO in next 5 Months

We at Karvy Fortune, would like to wish you Happy Diwali. This Diwali markets have brought many gifts  in form of IPO’s and FPO’s, with it to wish all of us Prosperous Year ahead.

In next 5 months below mentioned big government IPO/ FPO are going to come in the market other
than private sector IPOs :

S. No.

Name of Company

Appox. Size (in Crores)

Tentative Date/Month

1

Powergrid (FPO)

8000

09/11/2010 to 12/11/2010(Confirmed)

2

Manganese Ore(IPO)

3000 – 4000

26/11/2010

3

Shipping corp. (FPO)

1300

Dec-10

4

Hindustan Copper(FPO)

4000

Dec-10

5

SAIL(FPO)

8000

Jan/ Feb – 2011

6

IOC(FPO)

8000

Jan/ Feb – 2011

7

ONGC(FPO)

10000

Jan/ Feb – 2011

Primary Market – IPO: GRAVITA INDIA LTD.,# Issue Forward:issue period is Nov 01,2010 to Nov 03,2010 #Price Range: Rs.120.00 to Rs.125.00#Market Lot: 50 Shares

The Primary Market for online bidding of IPO GRAVITA INDIA LIMITED.,is open

Ø  The issue period is Nov 01,2010 to Nov 03,2010

Ø  Price Range: Rs.120.00 to Rs.125.00

Ø Market Lot: 50 Shares

Ø  Please note that on the last day of IPO the CUT OFF TIME for HIGH VALUE is 02.00P.M

GRAVITA INDIA LIMITED
Symbol – Series GRAVITA EQ
Issue Period Nov 01,2010 to Nov 03,2010
Post issue Modification Period Nov 04,2010
Issue Size Public offer of 36,00,000 equity shares of face value of Rs. 10 each
Issue Type 100% Book Building
Price Range Rs 120 to Rs 125
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 BWR IPO Grade 3
Rating Agency Brickwork Ratings India Pvt. Ltd
Book Running Lead Manager Keynote Corporate Services Ltd
Syndicate Member Keynote Capitals Limited and Hem Securities Limited
Categories FI,IC,MF,FII,OTH,CO,IND,NOH and EMP
No. of Cities with Bidding Centers 48
Name of the registrar KARVY COMPUTERSHARE PRIVATE LIMITED
Address of the registrar Karvy House, 46, Avenue 4, Street No. 1, Banjara Hills, Hyderabad- 500034
Contact person name number and Email id M. Murali Krishna,Ph:040- 23312454 Fax:- 040 -23311968 E-Mail:gravita.ipo@karvy.com

Suspension of Reliance Natural Resources Limited (RNRL) w.e.f:10.11.2010# Scheme of arrangement: RPOWER RNRL

NSE Circulars regarding suspension of RNRL in Cash and FAO Segment w.e.f: 10.11.2010 are appended herewith for your ready reference and perusal please.

We request you to kindly inform all our esteemed cleintele accordingly.

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Extract of the NSE Circular:

Kindly note: Equity shares of RNRL will be suspended w.e.f. November 10, 2010 (i.e. closing hours of trading on November 9, 2010).

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FAO:Security: Reliance Natural Resources Limited (RNRL)

Details: Reliance Natural Resources Limited has informed the Exchange that the Equity Shareholders of the Company at their meeting held on September 4, 2010 as per the Order of the Hon’ble High Court of Judicature at Bombay, have approved the Composit Scheme of Arrangement, inter alia, between Reliance Natural Resource Limited and Reliance Power Limited under Sections 391 to 394 of the Companies Act, 1956.

RECORD DATE:   November 11, 2010

Consequent to the above and in terms of the Scheme, RPower shall issue and allot its 1 (one) fully paid up equity share of face value of Rs. 10 each for every 4 (four) fully paid up equity shares of face value of Rs. 5 each of RNRL.

Futures and Options contracts on RNRL:

The existing contracts with expiry dates November 25, 2010, December 30, 2010 and January 27, 2011 will expire on November 9, 2010.

Accordingly, no FAO contracts will be available in the underlying RNRL for trading from November 10, 2010 onwards.

Today’s Levels (02-11-2010)

(Last Close : Sensex 20356 : Nifty Spot 6118)
Today’s Levels
Trade long if Sensex sustains above 20283 (Nifty 6090)
[Upside targets/resistances at 20383(6125)/20408(6132) or higher]
Trade short if Sensex fails to sustain above 20408 (Nifty 6132)
[Downside targets/supports at 20383(6125)/20283(6090) or lower]

FOR THE DAY (02-11-2010)

FOR THE DAY: The indices are expected to open on a positive note in response to the flattish global indices. Trade long in Nifty above 6100 levels, else from 6080 with stop loss placed at 6050 targeting 6150-6180 levels.