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Showing posts with label Bajaj Corporation. Show all posts
Showing posts with label Bajaj Corporation. Show all posts

Thursday, August 05, 2010

Bajaj Corp Final Subscription Figures


Qualified Institutional Buyers (QIBs) 20.19
Non Institutional Investors 53.49
Retail Individual Investors (RIIs) 6.62

Wednesday, August 04, 2010

Bajaj Corp IPO subscribed 10.49 times


Gets bids for 3.87 crore shares

The initial public offering (IPO) of hair oil producer Bajaj Corp was subscribed 10.49 times by 16:00 IST on the last day of bidding for qualified institutional buyers (QIBs) today, 4 August 2010. The IPO garnered bids for 3.87 crore shares.

Bajaj Corp Subscription Details


Qualified Institutional Buyers (QIBs) 20.19 times
Non Institutional Investors 0.39 times
Retail Individual Investors (RIIs) 0.40 times

Monday, August 02, 2010

Bajaj Corporation better grey market premium than SKS Microfinance


Company Name

Offer Price

(Rs.)

Premium

(Rs.)

Midfield Industries Ltd.

133

18 to 20

Engineers India (FPO)

270 to 290

9 to 10

SKS Micro Finance

850 to 985

63 to 65

Bajaj Corp. Ltd.

630 to 660

85 to 90

Prakash Steelage

100 to 110

3 to

4

Sunday, August 01, 2010

Bajaj Corp IPO Review


The Initial Public Offer (IPO) from Bajaj Corp may not be suitable for investors with a conservative risk profile. Though the company occupies a lucrative niche in the hair oil market, it relies heavily just on this one segment to drive growth and profitability. Bajaj Corp plans to diversify by foraying into new products, backed by heavy spending on advertising and promotion with money raised from this IPO.

Saturday, July 31, 2010

Bajaj Corp IPO analysis


Betting on single brand

92% sales come from Bajaj Almond Drops, a premium brand and market leader with value share of 50.3% in the light hair oil segment

Wednesday, July 28, 2010

Bajaj Corp sets Rs 630-660 per share price band for IPO


The IPO opens for subscription on 2 August 2010

Hair oil producer Bajaj Corp has set Rs 630-660 per share price band for its initial public offering (IPO) of 45 lakh shares. The IPO opens for bidding on Monday, 2 August 2010, and ends on Wednesday, 4 August 2010, for qualified institutional buyers. For retail and non-institutional bidders the offer ends on Thursday, 5 August 2010