Weekly Performance: Newly listed shares week ended 23rd Oct

Name Date of listing Issue Price closing price closing price gain loss change over
23rd Oct 16th Oct over week Issue price
Jindal Cotex 22nd Sept 75 89.70 87.95 1.99 19.60
Globus Spirits 23rd Sept 100 88.95 75.25 18.21 -11.05
OIL India Limited 30th Sept 1050 1164.10 1194.45 -2.54 10.87
Pipavav Shipyard 9th Oct 58 55.20 56.90 -2.99 -4.83
Euro Multivision Limited 15th Oct 75 39.05 42.60 -8.33 -47.93

Astec Lifesciences IPO opens on 29th October

Astec Lifesciences Limited is tapping the capital markets with an IPO which opens on Thursday the 29th of October and closes on Wednesday the 4th November 2009. The price band fixed for the issue is between Rs 77 and Rs 82. The issue is for 75 lakh shares with a reservation of 1 lakh shares for eligible employees. The issue would raise between Rs 56.98 crs and Rs 60.68 crs at the lower and higher end of the band respectively.

The company is an existing profit making agrochemicals and pharma intermediates manufacturer. The road show would be held in Mumbai on Tuesday the 27th October 2009.

Den Networks price band declared

Den Networks Limited has announced a price band of Rs 195-205 for its IPO which opens for subscription on the 28th of October and closes on the 30th of October. The issue is for a total of 2 cr shares and would raise between Rs 390 to Rs 410 crs.

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