SBI Rights Issue Record Date fixed

Offer Price : 1590.00 (35 % Discount)
Right Ratio: 1 Share for 5 Held ( 1 : 5)

SBI has fixed the record date for its rights issue. SBI Rights Issue Record Date has been fixed as Monday, February 04, 2008. SBI Rights Issue Price will be updated here shortly.

Shareholders of State Bank of India who’s names appear on the company’s register of shareholders on the record date, will get the rights issue.

Emaar MGF Land to raise up to $1.5 bn in India IPO

The India arm of Dubai's Emaar Properties plans to raise between $1.2 billion and $1.5 billion in an Indian IPO, according to a term sheet obtained by a news agency.
Emaar MGF Land Ltd plans to launch its deal roadshow on January 18, with a listing tentatively scheduled for February 27, a source familiar with the deal said.
The company is selling 11.9 per cent of its enlarged share capital in an offering sponsored by Citigroup, Enam Securities, Goldman Sachs, HSBC, JPMorgan, Kotak Mahindra Capital and Merrill Lynch.

Future Capital IPO oversubscribed 132 times

Continuing to hold investors’ interest, the IPO of Future Capital Holdings (FCH) was subscribed over 132 times on the last day of its issue, while the local bourses suffered losses. According to latest data available on the bourses, the IPO of the Kishore Biyani-led Future group’s financial services arm received bids for 84.84 crore equity shares against the 64.22 lakh shares on offer

Buy English Indian Clays Ltd.

Buy English Indian Clays Ltd.

Current Price Rs 3249 with target of Rs 5000 in short term.

Industry: Diversified Bse Code : 526560

Holdings
Promoters : 84.15% FII : 6.69% General Public : 3.03%

Buy Reliance Capital Calls

Buy Reliance Capital Calls of Rs. 2800 lot of 550 share.

Current Price Rs 50. Target Price 80 in 2 days.