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.

SEBI approves Reliance Power's IPO

SEBI to do some homework and give some final ruling and SEBI has also responded for that now .Sebi has stated that there is a lock in of five years for the promoters i.e 5 years from the date of allotment, So may be this will taken as a positive statement by ADAG Reliance Group and they might go ahead with the IPo in the coming month

Reliance Power Limited (RPL) is subsidiary of Reliance Energy Limited. RPL is currently developing 12 medium and large sized power projects with a combined planned installed capacity of 24,200 MW across various geographic locations in India. Money raised through this IPO will be used for these projects.

This IPO will constitute 11.5 per cent of the company’s equity capital. It includes a promoters’ contribution of 16 crore equity shares which would be allotted at the IPO price. The net issue will constitute 10.1 per cent of the post-issue paid-up equity capital of the company and 12 power generation projects currently under various stages of development.

Trading holidays for the calendar year 2008

Sr,No.	Date	Day	Description
1	6-Mar-08	Thursday	Mahashivrattri
2	20-Mar-08	Thursday	Id-E-Milad
3	21-Mar-08	Friday	Good Friday
4	14-Apr-08	Monday	Dr Babasaheb Ambedkar Jayanti
5	18-Apr-08	Friday	Mahavir Jayanti
6	1-May-08	Thursday	Maharashtra Day
7	19-May-08	Monday	Buddha Pournima
8	15-Aug-08	Friday	Independence Day
9	19-Aug-08	Tuesday	Parsi New Year (Shahenshahi)
10	3-Sep-08	Wednesday	Ganesh Chaturthi
11	2-Oct-08	Thursday	Mahatma Gandhi Jayanti/ Ramzan Id
12	9-Oct-08	Thursday	Dasara
13	28-Oct-08	Tuesday	Diwali Amavasya (Laxmi Pujan)
14	30-Oct-08	Thursday	Bahubeej
15	13-Nov-08	Thursday	Guru Nanak Jayanti
16	9-Dec-08	Tuesday	Bakri Id
17	25-Dec-08	Thursday	Christmas

Rajesh Exports fixes Record Date for 200% Bonus & Stock Split

Rajesh Exports Stock Split and Bonus Shares issue Record Date has been fixed as February 05, 2008.

Sub-division of equity Shares of Rs 2 each to Re 1 each and issue of 2 bonus shares for every 1 share held by the share holders (200% Bonus) on February 05, 2008.

BSE Code : 531500 NSE Code : RAJESHEXPO Industry : Diamond Cutting/Prec

Stock Split Record Date of Jagran Prakashan

Jagran Prakashan Stock Split Record Date has been fixed today as January 16, 2008.

The face value of shares of Jagran Prakashan will be split in the ratio of 5:1. Hence, post sub division, investors who hold 1 share of face value Rs. 10 each will get 5 shares of face value Rs. 2 each.

BSE Code : 532705 NSE Code : JAGRAN Industry : Printing/Publishing