2011-04-17

Servalakshmi Paper IPO Analysis and News Details

Servalakshmi Paper Ltd (SPL) raise funds worth Rs 60 Cr. through IPO (Initial public offer). MFL IPO subscription through NSE and BSE stock exchanges by 100% book building process.

Servalakshmi Paper IPO News on Subscription Details, Listing Price, Listing Date with analysis and recommendations

Servalakshmi Paper IPO - Details of Subscription and Listing - Servalakshmi Paper Ltd IPO Analysis and recommendation
IPO NewsIPO Details
Name of companyServalakshmi Paper Limited
SectorManufacturing
NSE symbol-
BSE codeNA
Issue sizeEquity shares worth of Rs 824-901 Cr.
Issue type100% book building
Issue OpenOpen: 27 April 2011
Issue CloseClose: 29 April 2011
Price band / Price rangeRs. 27 - Rs. 29
Face valueNA
Minimum bidNA
Maximum bidNA
Minimum investment amountNA
Maximum subscription amountRs 2,00,000
Market lot size40 equity shares
Market capital at issue priceNA
Market timing10 a.m. to 5 p.m.
IPO GradeIPO Grade 4
Rating agencyCRISIL and ICRA
RegistrarLink Intime India Private Ltd
Lead managersICICI Securities Limited, Kotak Mahindra Capital Company Ltd
Company address# 31, Bharathi Park, Saibaba Colony, Coimbatore, Tamil Nadu, India.
Website Addressservalakshmi dot in
Qualified institutional buyers (QIB) (NA) times
Non institutional investors (NII) (NA) times
Retail individual investors (RII) (NA) times
Total bids received at cut-off price-
Total No.(Number) of times subscribed-
NSE IPO live statusNSE IPO subscription live
BSE IPO live statusBSE IPO subscription live
NSE and BSE total live statusNSE and BSE IPO live
Issue price / Floor priceNA
Allotment statusNA
Expected Listing dateAround May 20(expected)
Expected Listing pricewill be updated after issue closed
Listing exchangesNSE and BSE
CategoriesNA
DRHP (Draft Red Herring Prospectus)DRHP download PDF file
SEBI DRHPDownload PDF File
Application formsDownload here
Grading reportDownload here
Post-issue capitalNA
NA: Data not available, will be updated once available.

Servalakshmi Paper Ltd IPO online subscription: Investors can subscribe through online stock trading account. Following stock broking firms providing facilities, India Infoline, ICICI Direct, IDBI Paisa Builder, SBI securities, HDFC Securities, Networth, Indiabulls, Sharekhan, HSBC Invest Direct, Kotak securities, Geojit, Karvy broking, Religare, Motilal Oswal, Angel broking and Reliance Money. SEBI(Securities Exchange Board of India) admitted stock brokers and sub-brokers are admitting IPO subscription transactions.

Servalakshmi Paper IPO Analysis: Both Fundamental and Technically very attractive to subscribe at cut-off price. Servalakshmi Paper is one of the fast growing paper mills in south India. Consider to invest or listing gains. We recommends in the view of 50 percent profit booking when listing and the remain 50 percent hold as investment for long term. Read the DRHP(Draft Red Herring Prospectus) and Grading report for all IPO data, statistics, estimates, company profile and historical financial status. Check the future business plans and growth from company website. Finally strongly recommends to subscribe due to last month some international companies acquired the stake at higher price levels in Indian paper comanies.

Check time to time for latest updates and subscription status on "Servalakshmi Paper IPO".


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