ARCHIPLY-Listing at any price is no meaning but it is sure, during the day, it will definately go below 74 and likely to close above 85. In mornign session, ANU Lab will go upto 333. GOKUL &BRUSHMAN can be watched.
Archidply Industries having issued shares at Rs 74 is likely to list at Rs 80. Profit booking is advised above Rs 80, while buying is advised at Rs 70.
As per present market book profit any where u can no matter what the archiply listing be as long as there's is no loss book profit, don't forget its july 4th friday by 12 afternoon the inflation numbers will be out,so book profit if u can before that. gud luck
BREAKING NEWS ARCHIDPLY IS SURE TO LIST AT 80 RS MINIMUM , AS TODAY GREENPLY SPURTED BY 10% CENTURYPLY BY 4% NOVAPAN BY 3%. ALLTHESE SHARES HAVE RISEN ABT 25% IN 2 DAYS.SURELY ARCHIDPLY LISTING IS THE MOTIVATOR
A real performer company . It can give upto 50% returns within a week's time . May be that at the time of listing , we see selling pressures , but those who will hold their stock for 2 days , they will make a good profit . Dont sell off your stocks in panic . Just forget BAFNA , NIRAJ & SEJAL . The negative phase of the market is at its saturation point . No too much negative news awaited . If political situation related to the nuclear deal settles , we can see upper circuits in the market .Hold . Hold . Hold .
Archidply Industries will list on the bourses with its public issue of 66,15,720 equity shares of Rs 10 each on July 4, 2008. The issue price is fixed at Rs 74 per equity share (including share premium of Rs 64 per equity share).
The IPO of Archidply Industries had received decent response and was subscribed 1.52 times. Participation was seen from non-institutional and retail investors; their reserved portion subscribed 2.4 times and 3 times, respectively.
The Mumbai-based Pride Group is coming out with its initial public offering (IPO) to mop up around Rs 600 crore from the market.
The objective of the issue is to raise funds for four new five-star hotels that are in the pipeline, and for expansion and renovation of some of its existing properties. The group has also announced its foray into managing business hotels, and launched the first Pride Biznotel, at Chinchwad, Pune, on Tuesday.
Mr Arun Nayar, Director-Operations, for the group, said the company had received SEBI approval for its draft red herring prospectus.
The IPO is expected around the end of this calendar year.
CARE has come out with a research report on Jaiprakash Power Ventures . It has assigned IPO Grade 4/5 to the company's IPO. The company proposes an IPO of 1040 lakh equity shares having a face value of Rs 10 per share.
79 stocks listed since July 2007, out of which 72% are trading below issue price now. 23 stocks are down around 50-80%, which includes Porwal Auto, Brigade Enter, Kolte Patil, Future Capital, Omaxe, BGR Energy, IVR Prime etc.
Amongst major IPOs, Rural Electrical is down 25%, DLF –29%, HDIL –30%, Motilal Oswal –32%, Edelweiss Capital –40% and Omaxe –62%.