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)
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