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.

SENSEX JOURNEY @ 21,000

This may not be the quickest or the most exciting of the journey which Sensex has seen to cover this 1,000 mark.

But still there are many good points to take away from – first, if you just see this journey has been covered in 49 days - the journey from 20,000 to 21,000. The journey from 16,000 to 20,000 was covered in only 28 days. We have seen days when 1,000 point was covered in four days. But this is the longest journey which we have seen in terms of covering 1,000 marks for Sensex.

SENSEX @ 21,000
-Sensex covers 16k-20K in 28 days and 20-21k in 28 days

JOURNEY TO 21,000
-20-21K 49 days
-19-20K 11 days
-18-19K 4 days
-17-18K 8 days
-16-17K 5 days
-15-16K 53 days
-14-15K 142 days
-13-14K 27 days
-12-13K 136 days
-11-12K 20 days
-10-11K 30 days

India Flows ($)
FII Cash -45.8 m
FII FNO -4 bn
FII Net -4.05 bn
Total DIIs +4.06 bn
MFs +1.64 bn

Contributors
-Top 4 stocks contribute nearly 85% of 1000 points

Main Contributors
-Reliance (25%)
-Reliance Energy (21%)
-ITC (20%)
-ICICI Bank (19%)

Major Laggards
-Infosys
-Satyam, Bharti
-Tata Steel
-Maruti

Index Performance
-Sensex up 5.1%
-Nifty up 6.5%
-CNX Midcap Index up 28%
-BSE Small-Cap Index up 41%
-FMCG Index up 16%
-Metal Index up 15%
-Bank Index up 14%
-IT Index down 10%
-Auto Index flat

JOURNEY TO 21,000
21000 Jan 8, 2008
20000 Oct 29, 2007
19000 Oct 15, 2007
18000 Oct 9, 2007
17000 Sep 26, 2007
16000 Sep 19, 2007
15000 Jul 6, 2007
14000 Dec 5, 2006
13000 Oct 30, 2006
12000 Apr 20, 2006
11000 Mar 21, 2006
10000 Feb 6, 2006
9000 Nov 28, 2005
8000 Sep 8, 2005
7000 June 20, 2005
6000 Feb 11, 2000

JP Associates Rising Money Via JP Power Venture IPO

JP Power Venture will have power assets of 5,000 mw in the next 5-7 years, Gaur said. "The power arm is running a 400 mw power station and is setting up a 1,000 mw plant.

According to Gaur, JP Associates will hold close to 68% post the power subsidiary IPO. The power arm plans to raise fresh equity of 11 crore shares.

The IPO market now following Reliance Power , so its planning to raise 4000 crore by issuing 11 crore shares which will value the share at anywhere from 375 to 400 rs.

grey market Reliance Power and Future Capital Holdings

Grey market

Future Capital Holdings

Offer Price(Rs.):- 700 to 765
Premium(Rs.):- 300 to 320

Reliance Power

Offer Price(Rs.):- 400 to 450(approx)
Premium(Rs.):- 360 to 370

Reliance Power IPO opens on Jan 15 and will close on January 18, 2008

Reliance Power, through this IPO proposes to raise approximately Rs 10,500 - 11,500 crores - the largest IPO in the history of the Indian capital markets.The IPO is scheduled to open on January 15, 2008 and will close on January 18, 2008.The equity shares of the company are proposed to be listed on BSE and NSE.

1. Reliance Power has fixed the price band for the IPO at Rs 405 - 450 per share.
2. Reliance Power will offer a discount of Rs 20 per share to the retail investors, i.e. approximately 5% of the issue price.
3. The issue will constitute 11.5% and the net issue will constitute 10.1% of the post-Issue paid-up equity capital of Reliance Power.