Friday, July 4, 2008

More IPOs on the line

Sagarmatha Merchant Banking and Finance is issuing its IPO from 6th July 2008 to 10th July 2008(22nd Asadh to 26th Asadh, 2065). Its issue manager is Nagarik Lagani Kosh.

Reliable Investment Bittiya Sasthan is issuing initial shares to public from 7th July 2008 to 11th July 2008 (Asadh 23 to Asadh 27, 2065). It has a current paid of capital of Rs 5,77,50,000 which is paid by the promoters of the intitution and is floating shares of Rs 2,47,50,000 to general public to make the total paid up of Rs 8,19,00,000. Its issue manager is NIDC Capital Market and NMB.

Similarly, Global Bank is issuing IPO from 9th July 2008 to 14th July 2008 (Asadh 25 to Asadh 30, 2065). Its paid up capital will be Rs 100 Crore. The promoters have paid 70% and 30% is to be floated for public. Its issue manager is NIDC Capital Market.
More IPOs are coming in few weeks which is making the secondary market lose few points because of people's attraction towards new issues.

1 comment:

Sampurna said...

Consider diversifying your investments to include the rest of the world. Over the past four years, iShares EAFE was up 125%, iShares MCSI Emerging Markets was up 243%, but the S&P 500 SPDRs was up just 60%. You can also now buy stocks overseas through your discount broker--companies such as E-trade and Schwab. R.W.Roge's Steven Roge recommends putting your money in First Eagle Overseas funds, which just opened up and Utopia Growth Fund, which has a short track record but an experienced adviser.
Just incase people are interested
By Sampoerna