Dec 31, 2011
TAX SAVING INFRA BONDS
and 
Long Term Infrastructure Bonds are the two issues currently open for subscription.
The Long Term Infra bonds are eligible for deduction under section 80 CCF of the Income Tax Act 1961.
The benefit under section 80 CCF is limited to Rs.20,000/
| COMPANY | REC | IFCI |
| FACE VALUE (Rs.) | 5000 | 5000 |
| INT RATE (%) | 8.95 & 9.15 | 9.09 & 9.16 |
| INT.PAYMENT | ANNUAL & CUMULATIVE | ANNUAL & CUMULATIVE |
| ISSUE DATE | 19.12.11 to 10.02.12 | 30.11.11 to 16.01.12 |
| MODE OF HOLDING | DEMAT & PHYSICAL | DEMAT & PHYSICAL |
Interest rates are for 10yrs and 15yrs respectively
HAPPY INVESTING
Dec 26, 2011
NHAI TAX FREE BONDS
The National Highways Authority of India (NHAI) is an autonomous authority of Government of India under the Ministry of Road Transport and Highways.
NHAI is launching their public issue of TAX FREE BONDS – Tranche I.
The Public issue of TAX-FREE SECURED REDEEMABLE NON-CONVERTIBLE BONDS opens on 28th Dec, 2011.
The Interest on these bonds are FULLY EXEMPT from Income Tax. This means the income will not form part of Taxable Income.
The Bonds Details are:
| FACE VALUE | Rs. 1000/- |
| INTEREST RATE | 8.20% 10 yrs and 8.30% 15 Yrs |
| RATING | CRISIL AAA / CARE AAA / FITCH AAA |
| TENURE | 10 yrs AND 15 yrs |
| LIQUIDITY | LISTING IN BSE & NSE |
| MODE | BOTH PHYSICAL & DEMAT FORM |
| MINIMUM | Rs. 50,000/- |
| TAX TREATMENT | INCOME IS TAX FREE HENCE NO TDS. |
| ISSUE PERIOD | 28th Dec’11 to 11th Jan’ 12 |
HAPPY INVESTING.
Dec 18, 2011
Mutual Fund Select
Recommended Mutual Fund Schemes.
These recommendations are based on past returns.
Past returns does not guarantee any kind of returns in future but these funds returns are consistent.
SENSEX was down and on 16th Dec it closed at 15491 points.
INVEST now.
Fund NAV Date: (Growth Option) 16th Dec’11 and Returns on Percentage
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HAPPY INVESTING
Dec 17, 2011
THAPASVINI
SUDDHANANDA THAPOVANAM is a trust, striving to provide FIVE Sevas – AMIRTHA (Food), VIDYA (Education), VAIDYA (Health care), GYANA (Spirituality) and PARKRUTI (Nature).
The SUDDHANANDA THAPOVANAM Ashram is situated 12 kms from GUDUR, Andhra Pradesh,India.
There are 14 villages with almost 5500 families around SUDDHANANDA THAPOVANAM.
VISIT SUDDHANANDA THAPOVANAM AND DONATE.
HAPPY LIVING.Dec 1, 2011
Income Tax Rates 2012-13
Income Tax slabs for Assessment Year 2012-13.
| Up to Rs. 1,80,000 | Nil |
| Rs.1,80,001 to Rs. 5,00,000 | 10% |
| Rs. 5,00,001 to Rs. 8,00,000 | 20% |
| Above Rs. 8,00,000 | 30% |
For Women Tax Payers Up to Rs. 1,90,000 Nil. The remaining slabs are same.
For Senior Citizens above 60 years Up to Rs. 2,50,000 Nil. The remaining slabs are same.
For Senior Citizens above 80 years Up to Rs. 5,00,000 Nil. The Remaining slabs are same.
Relevant Financial Year is 2011-12 (1st April 2011 to 31st March 2012).
Senior Citizens should have attained the Age anytime during the Financial Year.
HAPPY EARNING / HAPPY INVESTING / HAPPY SAVING
Nov 25, 2011
L&T Infra Tax Saving Bonds
The Tax Saving Long Term Infrastructure Bonds issue is open now.
The issuer is L&T INFRASTRUCTURE FINANCE COMPANY LTD.
The Bonds are in the nature of Secured, Redeemable Non-Convertible Debentures.
Tax Benefits up to Rs. 20,000/ under section 80 CCF of the IT Act1961.
Details of the issue:
| Face value | Rs. 1000 |
| Interest Rate | 9% |
| Interest Payment | Annual and Cumulative |
| Tenure | 10 Years with Buyback option after 5yrs and 7yrs |
| Minimum | 5 Bonds (Rs.5000) and in multiples of 1 bond there after |
| Listing | Yes, with BSE after 5 yr Lock in period |
| Issue Period | 25th November 2011 to 24th December 2011 |
Invest and avail tax benefits under section 80 CCF of the IT Act 1961.
Happy Investing
IDFC INFRA BONDS
IDFC has come out with the TRENCHE I Tax Saving
Long Term Infrastructure Bonds issue.
These are Secured, Redeemable and Non-Convertible Bonds with Tax benefits under section 80 CCF of the Income tax Act 1961.
Under section 80CCF of the IT act 1961, you may deduct up to Rs.20,000/ from your total income.
This is besides the Rs.1,00,000/ limit under section 80C.
By investing you may save up to Rs.6,180/ on Tax.
Issue Details
| Tranche 1 Bonds Series | 1 | 2 |
| Face Value & Issue price | Rs.5000 | Rs.5000 |
| Interest Rate | 9% | 9% |
| Interest payment | Annual | Cumulative |
| Tenure | 10 years | 10 years |
| Buyback Facility | Yes | Yes |
| Lock in Period | 5 yrs | 5 yrs |
| Minimum Application | 2 Bonds | 2 Bonds |
| Listing | Yes after 5 yrs | Yes after 5 yrs |
Invest and save tax.
HAAPY INVESTING
Nov 5, 2011
West Indies in India - 2011
Cricket Schedule:
West Indies will play 3 tests and 5 ODIs in India during Nov – Dec 2011.
TEST MATCH
| 1st TEST | Nov 6th to Nov 10th | Sun - Thu | Delhi – Feroz Shah Kotla |
| 2nd TEST | Nov 14th to Nov18 | Mon - Fri | Kolkata – Eden Gardens |
| 3rd TEST | Nov 22nd to Nov 26th | Tue - Sat | Mumbai - Wankhede |
ODIs
| 1st ODI | Nov 29th | Tuesday | CUTTACK |
| 2nd ODI | Dec 2nd | Friday | VISAKHPATNAM |
| 3rd ODI | Dec 5th | Monday | AHMEDABAD |
| 4th ODI | Dec 8th | Thursday | INDORE |
| 5th ODI | Dec 11th | Sunday | CHENNAI |
HAPPY VIEWING
Fixed Deposit Rates November 2011
Fixed Deposit Rates of some of the Companies
Rates are for 24 months and 36 Months in Percentage
APOLLO HOSPITALS 9.25 and 9.50
ALEMBIC PHARMA 9.00
CEAT LTD 10.00 and 10.50
JAIPRAKSH ASSOCIATES 12.00 and 12.50
MAHINDRA & MAHINDRA 9.75
UNITED SPRITS 11.50
HDFC LTD 9.65 and 9.75
ICICI HOME FINANCE 9.00
LIC HOUSING FINANCE 9.25
SHRIRAM TRANSPORT FINANCE 9.75 and 10.75
MAHINDRA & MAHINDRA FINANCE 10.25 and 10.50
HAPPY INVESTING
Nov 3, 2011
Infrastructure Bonds
Long Term Infrastructure Bonds are issued by Infrastructure Finance Companies.
Government of India is offering Tax Benefit to Investors to facilitate growth in that sector.
Investors can avail Tax Benefit up to Rs 20,000/ u/s 80CCF of the Income tax Act,1961.
This is besides the 1,00,000/- u/s 80C of IT Act 1961 and these Infra Bonds are the only product eligible under this section.
You save Rs 6180/ on Tax if you are in the highest tax bracket on an investment of Rs 20,000/.
Normally the Interest rate is around 8.25% to 9% . The term is 7 years to 15 years with option to withdraw after 5years.
Bonds will be traded in the exchanges after the initial lock in period of 5 years.
You have options to hold in Demat or Physical form.
The interest is taxable and is to be included under Other Sources of Income as Interest Income.
Expected Issues:
IDFC / IFCI / LIC / L&T / PFC / IIFL / REC
IFCI is open Now.
HAPPY INVESTING
Oct 29, 2011
Holidays 2012 - Tamilnadu
Tamil Nadu Government has announced Holidays list for the year 2012 under Negotiable Instruments Act.
| Sl.No | Festival | Date | Day |
| 1 | New Year’s Day | 01.01.2012 | Sunday |
| 2 | Pongal | 15.01.2012 | Sunday |
| 3 | Thiruvalluvar Day | 16.01.2012 | Monday |
| 4 | Uzhavar Thirunal | 17.01.2012 | Tuesday |
| 5 | Republic Day | 26.01.2012 | Thursday |
| 6 | Meelad-un-Nabi | 05.02.2012 | Sunday |
| 7 | Telugu New Year’s Day | 23.03.2012 | Friday |
| 8 | Annual Closing of Accounts for Banks | 02.04.2012 | Monday |
| 9 | Mahaveer Jayanthi | 05.04.2012 | Thursday |
| 10 | Good Friday | 06.04.2012 | Friday |
| 11 | Tamil New Year’s Day | 13.04.2012 | Friday |
| 12 | Dr B R Ambedkar Birth day | 14.04.2012 | Saturday |
| 13 | May day | 01.05.2012 | Tuesday |
| 14 | Independance day | 15.08.2012 | Wednesday |
| 15 | Ramzan | 20.08.2012 | Monday |
| 16 | Krishna Jayanthi | 08.09.2012 | Saturday |
| 17 | Vinayakar Chathurthi | 19.09.2012 | Wednesday |
| 18 | Half Yearly a/c Closing for Banks | 29.09.2012 | Saturday |
| 19 | Gandhi Jayanthi | 02.10.2012 | Tuesday |
| 20 | Ayutha Pooja | 23.10.2012 | Tuesday |
| 21 | Vijaya Dasami | 24.10.2012 | Wednesday |
| 22 | Bakrid | 27.10.2012 | Saturday |
| 23 | Deepavali | 13.11.2012 | Tuesday |
| 24 | Muharram | 25.11.2012 | Sunday |
| 25 | Christmas | 25.12.2012 | Tuesday |
HAPPY HOLIDAYS
HAVE A GREAT YEAR and ENJOY.
Oct 25, 2011
A Look at GOLD ETF
HAPPY DIWALI.
Buy GOLD this DIWALI.
There is a special (MUHURAT) Trading on Diwali Day (26/11/2011) for 90 minutes from 4.30 pm to 6 pm.
Use this opportunity to start Trading and Create Wealth.
| AMC | I DIRECT CODE | 18th FEB’11 | 25th OCT’11 | 52 Week High |
| BENCHMARK | GOLDEX | 1995 | 2577.35 | 2778 |
| HDFC | HDFGOL | 2028 | 2628.45 | 2900 |
| ICICI | ICIETF | 2040 | 2635.11 | 2900 |
| KOTAK | KOTGOL | 1989 | 2579.80 | 2919 |
| QUANTUM | QUGOLD | 990 | 1287.55 | 1420 |
| RELIGARE | RELETF | 2070 | 2651.1 | 2886 |
| RELIANCE | RELGOL | 1928 | 2512.80 | 2725 |
| SBI | SBGETS | 2020 | 2627.50 | 2983 |
| UTI | UTGOLD | 1992 | 2581.95 | 2775 |
HAPPY TRADING HAPPY DIWALI.
GOLD ETF - MUHURAT
Invest in Gold this Diwali.
Celebrate DIWALI with GOLD.
CREATE WEALTH. Let this be a great beginning. . .
BUY ON MUHURAT TRADING.
Both markets (BSE & NSE)will have a 90 minutes trading between 4.30 pm to 6.30 pm on Wednesday, the 26th October 2011.
This is a tradition being performed for years.
Most traders buy on this day.
It is in a way welcoming the new year ‘SAMVAT 2068’.
Buy Gold ETF on this Auspicious Special day’s Trading.
HAPPY TYRADING. HAPPY BEGINNING
WISH YOU ALL A VERY VERY HAPPY DIWALI.
Oct 11, 2011
Bilbao Masters 9th Round
9th Round Bilbao Masters results were unexpected
and shocked spectators. (me more than anyone.)
Carlsen beat Ivanchuk
Vallejo beat Nakamura
Aronian beat Anand.
Final 10th Round Schedule
Ivanchuk vs Aronian
Anand vs Vallejo
Nakamura vs Carlsen
Scores After 9th Round
| Carlsen | 14 |
| Ivanchuk | 14 |
| Nakamura | 11 |
| Aronian | 11 |
| Vallejo | 10 |
| Anand | 9 |
Follow live action in PLAY CHESS
HAPPY FOLLOWING
Oct 10, 2011
BILBAO MASTERS 2011
STANDINGS AFTER 8th ROUND
| IVANCHUK | 14 |
| CARLSEN | 11 |
| NAKAMURA | 11 |
| ANAND | 9 |
| ARONIAN | 8 |
| VALLEJO | 7 |
HAPPY FOLLOWING
Oct 4, 2011
England Tour of India 2011
England will play 5 ODIs and a T20 in India in October 2011.
All matches are Day Night starting at 2.30 pm India time.
| 14-10-2011 | Hyderabad | 14.30 |
| 17-10-2011 | Delhi | 14.30 |
| 20-10-2011 | Mohali | 14.30 |
| 23-10-2011 | Mumbai | 14.30 |
| 26-10-2011 | Kolkata | 14.30 |
| 29-10-2011 | Kolkata | 20.00 |
HAPPY VIEWING
Oct 2, 2011
Bilbao chess masters 2011
The 2011 Bilbao Chess Masters Final will be played in 2 stages
with top 6 Players fighting it out for the top. Its Double Round Robin.
The top 6,
Viswanathan Anand (2817) of India,
Magnus Carlsen (2823) of Norway,
Levon Aronian (2807) of Armenia,
Vasily Ivanchuk (2765) of Ukraine,
Hikaru Nakamura (2753) of USA and
Francisco Vallejo (2716) of Spain will play each other Twice.
The first 5 rounds will be played in the Beautiful Ibirapuera park in Saupaulo, Brazil. Its open park. Players will sit inside Glass Cubicles.
The rounds 6 – 10 will be played in Alhondiga, Bilbao, Spain.
Results of Round 5
| Viswanathan Anand | Levon Aronian | Draw |
| Hikaru Nakamura | Francisco Vallejo | Nakamura Won |
| Vasili Ivanchuk | Magnus Carlsen | Carlsen Won |
Scores after round 5
| Vasili Ivanchuk | 10 |
| Hikaru Nakamura | 7 |
| Viswanathan Anand | 6 |
| Magnus Carlsen | 6 |
| Levon Aronian | 6 |
| Francisco Vallejo | 3 |
Round 6 will start on 6th October.
ENJOY THE GAME.
All the best to all 6.
Repeat
This was first written on 2nd Oct 2009. am repeating it.
I feel, on this Special Day, remembering him is must for every Indian.
He was and is inspiration for many world Top leaders and also to many Individuals. (Martin Luther King to Obama, Beatles to MJ).
I would like to present here the song “They Killed Him” from album ‘knocked Out Loaded’ first written by Kris Kristofferson.
My God, they killed him
There was a man named Mahatma Gandhi
He would not bow down he would not fight
He knew the deal was down and dirty
and nothing wrong could make it right away
But he knew his duty and the price he had to pay
Just another holy man who tried to be a friend
My God, they killed him !
Thanks TOI
MAHATMA’S QUOTES
“YOU BE THE CHANGE YOU WISH TO SEE IN THE WORLD”
“The best way to find yourself is to lose yourself in the service of others.”
“Whenever you are confronted with an opponent. Conquer him with love”
“The weak can never forgive. Forgiveness is the attribute of the strong.”
“An error does not become truth by reason of multiplied propagation, nor does truth become error because nobody sees it.”
“Prayer is not asking. It is a longing of the soul. It is daily admission of one's weakness. It is better in prayer to have a heart without words than words without a heart.”
“Live as if you were to die tomorrow. Learn as if you were to live forever.”
“Before the throne of the Almighty, man will be judged not by his acts but by his intentions. For God alone reads our hearts.”
“First they ignore you, then they laugh at you, then they fight you, then you win.”
“My life is my message.”
2nd October,2011
The International Day of Non-Violence.
Even showing anger is violence.
Sep 27, 2011
Buy at every Fall
why you should buy at every fall in the market.
A table of some sample shares will show how much you miss. . .
you should invest 25% to 30% of your investible money when there is a fall of more than 3% in the index. (not always working. . .)
| STOCK | I DIR CODE | 23rd Sep | 26th Sep | 27th Sep |
| COAL INDIA | COALIN | 366.2 | 346.2 | 358.15 |
| EDUCOMP SOLU | EDUSOL | 216.65 | 218.35 | 223.9 |
| IDFC | IDFC | 109.3 | 109.25 | 112.15 |
| INFOSYS | INFTEC | 2340 | 2355 | 2446 |
| L&T | LARTOU | 1452 | 1428.7 | 1446 |
| ONGC | ONGC | 257.8 | 254.7 | 258.75 |
| SHRIRAM | SHRTRA | 603.85 | 599.65 | 612.1 |
| TECH MAHIN | TECMAH | 625.25 | 603.25 | 610.2 |
HAPPY TRADING
Aug 21, 2011
GOLD ETF
A comparison of prices of GOLD ETF on two different dates.
| AMC | I DIRECT CODE | 18th FEB’11 | 19th AUG’11 | RETURN |
| BENCHMARK | GOLDEX | 1995 | 2698 | 35 |
| HDFC | HDFGOL | 2028 | 2773 | 37 |
| ICICI | ICIETF | 2040 | 2759 | 35 |
| KOTAK | KOTGOL | 1989 | 2694 | 35 |
| QUANTUM | QUGOLD | 990 | 1341 | 35 |
| RELIGARE | RELETF | 2070 | 2799 | 35 |
| RELIANCE | RELGOL | 1928 | 2574 | 33 |
| SBI | SBGETS | 2020 | 2811 | 39 |
| UTI | UTGOLD | 1992 | 2702 | 36 |
As per the closing price on 19th August’11 SBI GETS gave 39% return over a period of SIX months.
HAPPY TRADING
SBI GOLD FUND
SBI Mutual Fund came out with a NFO (New Fund Offer)
“SBI GOLD FUND” NFO period Aug 22 to Sep 05, 2011
SBI GOLD FUND is an open ended Fund of Fund scheme that invests predominantly in the units of SBI GETS (SBI Gold Exchange Traded Scheme).
The SBI Gets is the highest performed ETF as of August 2011 giving a return of 28% in the last 6 months.
SBI GOLD FUND gives opportunity for investors to invest in purest form of GOLD with all the GOLD ETF advantage without the trouble having a DEMAT account. Its best for a common man to invest in GOLD in small quantity.
Minimum Investment: Rs 5000
SIP Minimum: Rs 500/ for 12 months and above.
Fund Manager: Mr. Raviprakash Sharma
You may invest thro SIP also.
Invest in this fund.
HAAPY TRADING
Aug 19, 2011
Time to START Share Trading
The share market is falling.
SENSEX closed at 16142 on 19th August.(intraday low was 15991).
In general people feel bad, when market falls irrespective of their holdings value, instead be happy and BUY.
EVERY FALL IS AN OPPORTUNITY TO BUY.
Please understand it is just notional value.
Be happy if you are a long term player and start buying whenever there is a fall.
For New Entrants, this may be a great opportunity to start equity trading.
I am rewriting my earlier post.
- Prepare a watch list of 5 to 10 companies Shares.
- To prepare this 'watch list' watch Business TVs, Talk to your friends who is in trading or your Broker.
- Note down the closing prices of these cos in an excel sheet for 10 days.
- This will give you an idea about the price movements in the watch list.
Start buying when it is stabilizing at a price. - keep watching.
- Fix a target price and book profit when it reaches the price target.
- Book profit and enjoy, this will motivate you to do more trading.
- Spend at least 30 minutes in a trading day.
- Do trading with passion and multiply your money.
HAPPY TRADING
Aug 16, 2011
GOLD ETF
GOLD ETF CLOSING PRICE 16/08/2011
AMC 05/01/2011 16/08/2011
- BENCHMARK 1992 2535.33
- HDFC 2040 2596.64
- ICICI 2045 2596
- KOTAK 1991 2529.85
- QUANTUM 991 1260
- RELIGARE 2070 2615
- RELIANCE 1936 2469.56
- SBI 2032 2587.35
- UTI 1993 2530.32
HAPPY TRADING
Aug 12, 2011
L&T Fin Holdings Listing
L&T Finance Holdings Ltd shares were listed today.
The share opened at Rs 53.85 and 51 at NSE and BSE respectively.
The issue price was Rs 52/
HAPPY TRADING
Aug 10, 2011
STOCK TRADING TIPS
BUY AT CURRENT LEVELS
L & T
ONGC
ITC
HINDUSTAN LEVER
LUPIN
LIC HOUSING FINANCE
SHRIRAM TRANSPORT FINANCE
HAPPY TRADING
Aug 9, 2011
L&T F H IPO allotment status
L&T Finance Holdings IPO’s basis of allotment is finalized. Shares were credited to respective demat accounts.
But one may check status at Registrar site or in their demat account.
The Issue was closed on 29th July’11.
It was oversubscribed 5.34 times, while Retail portion was subscribed 9.61 times more.
The share price was fixed at Rs.52/
HAPPY TRADING
Jul 29, 2011
STOCK WATCH
WATCH
SHRIRAM TRANSPORT FINANCE CO LTD
ONGC
Buy on every fall.
Price Performance Close 52 Week
29th High Low
Shriram (STFC) 640.80 899.90 588
ONGC 268.65 368 227
Jul 28, 2011
L& T Fin Holdings IPO Bid Details
L& T Finance Holdings IPO Bid Details:
As Per NSE
Number of shares on offer: 21,45,08,067
Bids Received for 16,41,84,800 shares.
In total 0.77%, Retail portion was subscribed 1.31 times .
BSE received bids for 9,65,96,200 shares.
In Total bids were received for 26,07,81,000 shares. (1.21%)
Issue closes on 29th July. (Tomorrow)
Jul 27, 2011
L&T Financial Holdings IPO
All (Employees, Share Holders and Retail Applicants)
can apply online thro ICICI Direct.
(If you have I Direct account)
Jul 24, 2011
RAHUL DRAVID
The Wall and a Cool Gentle Man Mr RAHUL DRAVID
deserves more than a post in a blogger page..
He became the second highest run getter in Test Cricket goes past Ricky Ponting and is now behind only Sachin.
Scoring a Century at Lords which he missed in 1996 on his Test Debut. (thanks AFP for this still)
India avoided Follow on.
India lost just only once in a test match when Rahul Scores a century.
Highest Run Getters in TEST CRICKET
TENDULKAR 14726 (51 Hundreds)
DRAVID 12417 (33 Hundreds)
PONTING 12363 (39 Hundreds)
LARA 11953 (34 Hundreds)
KALLIS 11947 (40 Hundreds)
INCOME TAX
Indian Income Tax Official Website
http://www.incometaxindia.gov.in/
E File Your Income Tax Returns
https://incometaxindiaefiling.gov.in/portal/index.jsp
Check Your REFUND Status
https://incometaxindiaefiling.gov.in/portal/Services.do?screen=cpcRefundStatus
Pay TAX Online
https://onlineservices.tin.nsdl.com/etaxnew/tdsnontds.jsp+-
Know Your Jurisdiction as per Your PAN
https://incometaxindiaefiling.gov.in/portal/common.do?screen=jurisdiction
Know Your TAX Credit (no need to wait for Form 16 or Form 16A) Cost Rs. 117 max.
http://tin-nsdl.com/panregistration.asp
Check KYC Compliance of your PAN
http://www.cvlindia.com/inquiry_kyc01.asp?id=submit
Apply PAN Online
http://tin.tin.nsdl.com/pan/index.html (NSDL)
http://www.utitsl.co.in/utitsl/uti/newapp/newpanapplication.jsp (UTITSL)
HAPPY FILING
Jul 22, 2011
RUSHIL DECOR LTD - stock watch
Rushil Decor Ltd was incorporated on May 24, 1993 as "Rushil Decor Private Limited.
Became Public ltd company on December 4, 2007. Name changed to RUSHIL DECOR LTD.
Mr. Ghanshyambhai Ambalal Thakkar is the Promoter, Chairman and Whole Time Director.
Mr. Krupesh Ghanshyambhai Thakkar is the Managing Director.
They have more than 20years of experience in manufacture of laminate.
Their product range.
- Decorative Laminate Sheets
- Industry laminate Sheets
- Rushil Kitchen Door
- Plain Particle Boards.
Rushil Decor: IPO date 20th June2011 to 23rd June 2011.
Price Band Rs. 63 to Rs.72.
ICRA gave 2 rating on a 5 point scale for this IPO.
The issue was subscribed 2.62 times.
The price was fixed at Rs 72.
Listed on the exchange on 7th July.First day trading :
Opened at 81.25, Day Low 75, High 124 and closed at Rs 119.
On 13th July it reached Rs 164.80 intra day and closed at Rs155.
On 22nd July 2011 (today)!
NSE Open 203.40, High 203.40, Low 163.20, close 187.85.
Volume (Number of shares Traded) 1,17,01,577
HAPPY TRADING
SENSEX
Sensex closed at 18722 points up by 286 points.
Rushil Decor Ltd Rs 188.
Intraday High in NSE is Rs 203.4
L&T Finance Holdings Ltd IPO
LTFH - - L&T Finance Holdings IPO
(Intial Public Offering)
(Intial Public Offering)
Opens for retail investors on 27th July 2011.
Issue closes on 29th July.
LTFH is a subsidiary of Larsen & Toubro offering a diverse range of financial products and services through its four operating subsidiaries namely,
L&T Finance (into retail and corporate finance), L&T Infrastructure Finance, India Infrastructure Developers Ltd and L&T Investment Management Limited
The price band Rs 51 to Rs 59.(Face value Rs 10).
Issue size Rs 1245 crs.
Lot size 100 shares and in multibles of 100.
35% of net issue is reserved for Retail Investors.
There is reservation for L&T employees and share Holders.
(The company has also decided to offer a discount of Rs.2 to the issue price for eligible employees).
JM Financial Consultants, Citigroup Global Markets and HSBC Securities are the joint global co-ordinators and the book-running lead managers (BRLM) to the issue.
Credit Suisse Securities and Barclays Securities are the BRLMs while Equirus Capital is the co-BRLM.
The IPO has been given the highest grading five on five by both CRISIL and CARE indicating strong fundamentals.
Apply...
HAPPY INVESTING
Jul 21, 2011
SENSEX
SENSEX Closing:
Sensex down by 66 points and closed at 18436
Rushil Decor Ltd closed at Rs170.35
Jul 19, 2011
SENSEX
Sensex Closing
Sensex up by 147 points and closed for the day at 18564.
Rushil Decor Ltd closed at 141.45 down by 22.30
Jul 18, 2011
SENSEX
Sensex Closing
Sensex Down by 55 points and closed for the day at 18507
Watch Rushil Decor Ltd. closing Price 163.75 (BSE)
Sensex Down by 55 points and closed for the day at 18507
Watch Rushil Decor Ltd. closing Price 163.75 (BSE)
Jul 13, 2011
CHESS
Chess World Championship 2012 to be held in CHENNAI.
Gentleman Grandmaster from Chennai VISWANATHAN ANAND will Play Belarus born Israeli Chess Grandmaster BORIS ABRAMOVICH GELFAND in the World Chess championship 2012 at CHENNAI.
Market Watch
Market closed on a higher note. . .
SENSEX 18596 up 184 points
NIFTY 5585 UP 59 POINTS.
Top Gainers
| Stock | LTP | Previous close | Gain % |
| DLF | 226.85 | 220.35 | 2.95 |
| Mah & Mah | 718.55 | 703.05 | 2.2 |
| ONGC | 287.05 | 281.50 | 1.97 |
| Rel Ind | 864.55 | 848.5 | 1.89 |
| Tata Motors | 1043.65 | 1024.7 | 1.85 |
HAPPY TRADING.
MAKE IT AS PASSION
Jun 22, 2011
SHRIRAM TRANSPORT NCD ISSUE
Shriram Transport Finance Company Limited is coming out with a public Issue of NCDs.
These are Secured Non Convertible Debentures.
Issue size is Rs 500 Crs with an option to retain oversubscription upto Rs 500 Crs.
Rs 200 Crs is reserved for retail Investors (applying upto 5 lacs).
Issue is Opening on 27th June 2011 and Issue Closing on 9th July2011. The company has the option of closing on an earlier date if the Target amount is achieved.
INTEREST RATES
| Detail | Option 1 | Option 2 |
| Face Value | Rs 1000 | Rs1000 |
| Min Appln | 10 NCDs (Rs 10,000) | 10 NCDs (Rs 10,000) |
| Rate ( Reserved Individual ) | 11.60% pa | 11.35% |
| Tenor | 60 months | 36 months |
| Put / Call Option | at the end of 48 months | Nil |
| Rating | Crisil – AA / Stable Care - AA+ | Crisil – AA/Stable Care - AA+ |
NCD’s are proposed to be listed in the National Stock Exchange.
Allotment in Demat form only.
Prepared from information publicly available to me without independent verification.
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