SJVN Ltd (Satluj Jal Vidyut Nigam Ltd) IPO Message Board (Page 20)

The GMP of satluj is 3 - 3.5 now.Nice to hear that !!!!

Under empliey portion i have 30000 shares i want to sell at rs. 1 primeum buyers please contact us.

Foolish people mugari laal kay sapnay dekh rahay hi, listing rate about 23 to 24.

i am ready to sell 3000 sjvnl at 3 rupee premium.

I want to buy 3000 shares of SJVNL at Rs 3 premium. If anybody wants to sell please inform me.

What is allotment dt of SJVNL????????

Hi 546.Nayan, Im ready to sell 15000 SJVN shares @35 and u can sell @45 to make a whopping profit of 1.5 LAKH and u can buy a TATA NANO :-).R U READY?

Listing at 45

when is this scrip listing any ideas??

The issue price of the initial public offer of the state-run hydel power company SJVNL has been fixed at Rs 26 a share, which will fetch
the Centre over Rs 1,000 crore.

According to information available on the Sebi Website, the issue price has been fixed at the upper end of the price band of Rs 23-26 a share. At this price the government will be able to mop up Rs 1,079 crore from the first selloff process of this fiscal. This is also lowest amount raised so far from divestment since the Manmohan Singh took charge for the second term last May.

Through the public float, the Centre has divested 10 per cent of its 74.5 per cent stake constituting 41.5 crore shares of Satluj Jal Vidyut Nigam (SJVNL).The IPO closed on May 3 and had received a resounding response from investors.

Unilke other issues last fiscal, this issue got subscribed a whopping 6.61 times--the best in recent times. The offer also saw a robust participation from retail investors with the portion reserved for them getting subscribed 3.11 times.

SJVNL is the sixth divestment deal by the UPA government in its second term. Most PSUs divested by the UPA in the second term did not get good response from the retail investors.

SJVNL is a joint venture between the Centre and Himachal Pradesh with the former holding 74.5 per cent stake and the latter 25.5 per cent. With 10 per cent equity dilution, the Centre's stake would come down to 64.5 per cent.

The current power generation capacity of the company stands at 1,500mw and it plans to augment this capacity by about 1,200mw by the end of the current Plan.

Raj,
Majority of the price bids were at 26 , which is also cutoff ...
The way exchange shows the data confuses many investors !!!

the issue price has been set at 26.so whoever applied at price bid in retail will not get alloted.is this a true statement.if yes this brings down the retail subscription to 1 time as opposed to 3 times because 3 times included bids at cut off and price bids.

NEW DELHI: Market regulator SEBI has cleared Standard Chartered Bank's proposed Indian Depository Receipt (IDR) issue, which will help the UK-based
lender raise USD 1 billion (about Rs 4,500 crore) from the domestic capital market.

StanChart's IDR, the first issue of its kind, is likely to open for public subscription by the end of the month.

Like American or Global Depository Receipts, where Indian companies raise resources overseas, IDRs enable foreign companies to do the same in India.

UK-based StanChart Plc's IDR has got clearance from SEBI and now needs approval from the Registrar of Companies, market sources said.

The IDR issue is likely to hit the market towards the end of this month and listing is expected in June, sources said.

When contacted, StanChart's spokesperson declined to comment on the proposed IDR issue.

SJVNL Ka Ipo listing Rate around 30/-
JP Infra List Rate Around 105/-
Nitest Estate List Around 60/-

Can any body details of standard chartared idr.

JP LISTING DATE AROUND 20TH OF MAY.

I guess the listing would be at about 28-30 and can easily reach to Rs. 50/- within 2 years..... Very good bet for the long term....

likely listing Rs.28.

Ny body have idea abt standard chartart idr,whch opening on 26 may,price 100 to 120,discount 5%for retail,is it like normal pubic issue or some thng else,ny one has idea

Hy
SJVNL Ka Ipo listing Rate Sabki Been Baja Dega