| Name | Date of Listing | Issue Price | Closing Price | Closing Price | % Gain Loss | % Change Over |
| 160318 | 090318 | Over Week | lssue Price | |||
| Khadim India Limited | 14th November | 750.00 | 677.50 | 669.65 | 1.05 | -9.67 |
| HDFC Standard Life | 17th November | 290.00 | 443.40 | 425.35 | 6.22 | 52.90 |
| Shalby Limited | 15th December | 248.00 | 216.30 | 193.70 | 9.11 | -12.78 |
| Future Supply Chain Solutions Limited | 18th December | 664.00 | 705.60 | 667.85 | 5.69 | 6.27 |
| Astron Paper Limited | 29th December | 50.00 | 116.60 | 118.30 | -3.40 | 133.20 |
| Apollo Micro Systems Limited | 22nd January | 275.00 | 281.85 | 279.10 | 1.00 | 2.49 |
| Newgen Software Technologies Ltd | 29th January | 245.00 | 238.35 | 238.45 | -0.04 | -2.71 |
| Amber Enterprises India Limited | 30th January | 859.00 | 1160.05 | 1104.35 | 6.48 | 35.05 |
| Galaxy Surfactants Limited | 8th February | 1480.00 | 1511.10 | 1496.70 | 0.97 | 2.10 |
| Aster DM Healthcare Limited | 26th February | 190.00 | 151.75 | 155.45 | -1.95 | -20.13 |
| H G Infra Engineering Limited | 9th March | 270.00 | 296.65 | 270.05 | 9.85 | 9.87 |
Performance of Newly Listed Shares as on 16th March 2018
March 19th, 2018
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Bharat Dynamics Limited – Issue Subscribed 1.30 Times
March 16th, 2018
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The offer for sale from Bharat Dynamics Limited was subscribed. The company had tapped the capital markets with its offer for sale of 2,24,51,953 shares in a price band of Rs 413-428. There was a discount of Rs 10 for eligible employees and retail investors. The issue was open from Tuesday the 13th of March and closed on Thursday the 15th of March.
The issue was subscribed 1.5 times by QIB’s and remain undersubscribed by HNI’s who subscribed their portion by 0.50 times. Retail portion was oversubscribed 1.41 times. Employee portion remained undersubscribed at 0.42 times. There were 23,475 applications which means that on basis of minimum lot the issue in retail was subscribed 0.11 times.
Yet another way of looking at it is that the average application size is Rs1,94,000. This if one considers the discount works out to the maximum permissible of 13 lots or 465 shares.
The response overall was unsatisfactory for a good company from the defence sector in a niche segment like missiles.
The full details of subscription are given below: –
Bharat Dynamics Subscription
| Bucket Size | Shares Applied for | Times Oversubscribed | |
| QIB | 10996874 | 16500120 | 1.50 |
| HNI | 3299063 | 1664985 | 0.50 |
| Retail | 7697813 | 10889305 | 1.41 |
| Employee | 458203 | 191485 | 0.42 |
| Total | 22451953 | 29245895 | 1.30 |
Bandhan Bank Limited – Completes Anchor Allocation
March 15th, 2018
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Bandhan Bank Limited which is tapping the capital markets with its simultaneous issue completed allocation to anchor investors. The company is issuing 9,76,63,910 new shares and selling 1,40,50,780 shares through the offer for sale route. The price band is Rs 370-375.
The company allotted 3,57,84,147 shares to 65 anchor investors comprising of 94 entities. The price band is Rs 370-375 and the issue is valued at a price earnings multiple of 36.45 to to 36.95 times based on March 2017 earnings of Rs 10.15. the price to book is even more at 9.23 times based on the NAV of Rs 40.60.
There is a fancy for the stock and once that happens, valuations go for a toss. The issue has opened on Thursday the 15th of March and would close on Monday the 19th of March.
The full list of anchor investors is given below: –
