At the end of this withdrawl option, the issue still remains comfortably subscribed by 14.47 times (QIB 13.96, HNI 24.06, Retail 14.77 & Employees 1.03 times).
What brokerage does Reliance Money is charging. Bcoz for Intraday Trading ICICIDirect is charging too much, though their service is excellent.I just want to know the cheapest online trading account. Thanks in Advance.
these guys are really too much it is almost one complete month and still no idea of allotment or refund it would be far better if we would have invested same rupees in any of reliance group one month back and would have atleast gain 25 to 30% rupees and in these on 1 lakh application only 20 share and premium only 50 rs so only rs 1000 which is even not interest money so this is the worst part of such kind of ipos what do you say?
Dhanus Technologies, a rapidly growing telecom service provider company, has fixed the issue price at Rs 295 per equity share of Rs 10 each.
The company had entered the capital market on September 10, 2007 with a public issue of 38,35,000 equity shares of Rs 10 each and the Issue was subscribed 28.29 times when it closed on September 12, 2007.
Subsequent to the successful closure of IPO, on directions from SEBI, the company came out with a public notice along with individual intimations to all applicants giving the bidders an option to withdraw their bids if they so desired. At the end of this option, the issue still remains comfortably subscribed by 14.47 times (QIB 13.96, HNI 24.06, Retail 14.77 & Employees 1.03 times).
The company proposes to utilize the net proceeds of the issue for financing its business plans and to achieve the benefits of listing. The company intends to expand its infrastructural facilities and equipment base and would be constructing its new corporate office and network operating centre. The existing infrastructure, equipments, operations and facilities would, however, continue to be operational at the existing locations at T. Nagar, Chennai.
The equity shares are proposed to be listed on both BSE and NSE.
Dhanus Technologies offers telecommunication services and unified messaging and enhanced logistics services. The company also has a BPO operation of telemarketing services to the US, UK and Australia markets.
For the year ended June 30, 2007, the company’s total income was Rs 90.47 crore and Profit after tax (PAT) was Rs 24.59 crore as against a total income of Rs 35.94 crore and net profit of Rs 13.09 crore for the previous year ended June 30, 2006.
The existing business segments in which the company operates include Telecards (V-TelTM Global Calling Cards), Teleservices/ITeS/BPO services (BPO services & Software services and development) and Telematics (FleeTracTM Vehicle Tracking Services).
we will earn good return on allotment. if by our bed luck if left is withdrowing suporrt from govt ,they will withdrow from two ,one from market and onoter from public.but overr all this horse cant run.its final.