Talwalkars IPO subscribed

Talwalkars Better Value Fitness Limited IPO which had opened on Wednesday the 21st of April and closed on Friday the 23rd of April received excellent response. The issue was oversubscribed 28.39 times. The total issue was for 60.5 lakh shares and the bids received were for 1717.41 lakh shares. The price band was Rs 123-128. The company as the name suggests is in the business of providing health fitness through its clubs.

Category Shares Offered Shares Subscribed Times
QIB 3025000 107170250 35.4282
NII 907500 46713950 51.4754
Retail 2117500 17857100 8.4331
Overall 6050000 171741300 28.39

Performance of Newly Listed Shares 23rd April

Name Date of listing Issue Price closing  price closing price % gain loss  change over
23rd April 16th April over week  lssue price
DQ Entertainment (Int) 29th Mar 80.00 106.65 104.25 2.30 33.31
IL&FS Transportation 30th Mar 258.00 287.95 275.30 4.59 11.61
Pradip Overseas 5th Apr 110.00 88.15 90.00 -2.06 -19.86
Shree Ganesh Jewellery 9th Apr 260.00 141.95 157.15 -9.67 -45.40
Infrasoft Technologies 12th Apr 145.00 117.25 140.45 -16.52 -19.14
Goenka Diamonds 16th Apr 135.00 109.30 127.85 -14.51 -19.04

Jaypee Infratech IPO price band announced

Jaypee Infratech Limited which is tapping the capital markets with a public issue which opens on Thursday the 29th of April and closes on Tuesday the 4th of May has announced a price band of Rs 102-117. The issue comprises of a fresh offer of Rs 1650 crs and an offer for sale by M/s Jaypee Associates, the promoter of the company of 6 cr shares. The offer for sale would realise Rs 612 crs at the lower band and Rs 702 crs at the top end of the price band.

The total issue size would therefore be between Rs 2262 crs to Rs 2352 crs.

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