Sunday, August 28, 2011

Tradetoprofit.in | up coming IPOS.

List of Upcoming IPO's, Current IPO's and Recently Closed IPO's in India
Issuer Company Issue Open Issue Close Offer Price
(Rs.)
Issue
Type
Issue Size
(Crore Rs.)
Aug 24, 2011 Aug 26, 2011 256/- to 261/- IPO-BB 227.00
Aug 23, 2011 Aug 26, 2011 58/- to 65/- IPO-BB 203.00 - 227.50
Aug 16, 2011 Aug 18, 2011 90/- to 100/- IPO-BB 63.00
Aug 10, 2011 Aug 12, 2011 135/- to 153/- IPO-BB 113.83
Jul 27, 2011 Jul 29, 2011 51/- to 59/- IPO-BB 1,245.00
Jul 20, 2011 Jul 22, 2011 100/- to 117/- IPO-BB 81.90
Jul 11, 2011 Jul 14, 2011 75/- to 82/- IPO-BB 55.10
Jun 27, 2011 Jun 29, 2011 90/- to 108/- IPO-BB 34.75
Jun 20, 2011 Jun 23, 2011 63/- to 72/- IPO-BB 40.64
IPO-BB
Jun 20, 2011 Jun 23, 2011 10/- to 11/- IPO-BB 65.18
May 30, 2011 Jun 02, 2011 36/- to 40/- IPO-BB 25.75
May 30, 2011 Jun 02, 2011 54/- to 63/- IPO-BB 23.25
FPO-BB
FPO-BB
May 13, 2011 May 19, 2011 325/- to 340/- IPO-BB 0.00
May 10, 2011 May 13, 2011 193/- to 203/- FPO-BB 4,578.20
May 09, 2011 May 12, 2011 228/- to 240/- IPO-BB 117.00
May 04, 2011 May 09, 2011 80/- to 85/- IPO-BB 36.90
Apr 29, 2011 May 03, 2011 45/- to 49/- IPO-BB 45.00 - 49.00

Friday, August 26, 2011

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Thursday, August 25, 2011

Tata Power plans to invest around Rs 1,000 crore over the next three years to lay its own cable network in Mumbai

The country's largest private power generation company Tata Power plans to invest around Rs 1,000 crore over the next three years to lay its own cable network in Mumbai for power distribution, a senior company official said here.

"We will be investing around Rs 1,000 crore over the next three years to lay our own distribution network in Mumbai for supplying power to our customers," TPC Executive Director Sankaranarayanan Padmanabhan told reporters late yesterday after the company's AGM.

At present, TPC serves 8 lakh customers using the wire networks of BEST and Reliance Infrastructure to distribute electricity in the city and the suburbs, respectively.

TPC also has its own network in certain parts of the metropolis.

TPC is charged a fee called wheeling charges for distributing power through the RInfra and BEST networks, which the company then recovers from its consumers.

"Law allows wheeling and permits us to use the network of Reliance to distribute electricity in the suburbs. Before the Supreme Court order, we were not allowed to lay parallel network. But now we have rolled out a plan to lay our own network. We have put up a proposal to the MERC," he said.

In 2008, the Supreme Court had allowed TPC to supply electricity to retail consumers having a requirement of 1,000 KV or less in Mumbai.

Meanwhile, in a recent order, state electricity regulator MERC granted RInfra a licence to distribute electricity in the suburbs for 25 years, as the company's licence was due to expire on August 15.

MERC had rejected the proposals of four other bidders, including Torrent Power, Lanco Infrastructure, MSEDCL and Indiabulls, saying that they did not have their own networks in place, and granted Rinfra the licence in the "public interest".

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Tuesday, August 23, 2011

Nifty trading tip for tommorow

After very volatile session today,nifty will  move negative tommorow
Next target for nifty will be some where near 4800  and a huge resistance is there near 4940.
Today nifty crosses 4970 during the day just because of short covering,this pull back is not sustainable.
Nifty may open near 4920 where one should short with a stoploss near 4950 for a big target of 4820-4800.
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