Today first winer industries ipo closed for subscription and subscribed 1.26 times at end. Expect listing price of Rs125 as gray market price indicates Rs115-120 range.

About First Winner Industries IPO
Symbol – Series FWIL EQ
Issue Period Jun 09, 2008 to Jun 17, 2008
Issue Size 55,00,000 EQUITY SHARES
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs.115/- to Rs.125/-
Tick Size Re. 1/-
Market Lot 50 shares
Minimum Order Quantity:50 shares
Maximum Subscription Amount for Retail Investor:Rs.100000
Book Running Lead Manager: ALMONDZ GLOBAL SECURITIES LIMITED

ARCHIDPLY INDUSTRIES Ipo gray market price: Rs- 75-80
Symbol – Series ARCHID EQ
Issue Period Jun 11, 2008 to Jun 17, 2008
Issue Size 66,15,720 EQUITY SHARES
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range RS.70 TO RS.80
Tick Size Re. 1/-
Market Lot 75 shares
Minimum Order Quantity 75 shares
ARCHIDPLY INDUSTRIES Listing date will be announced in 20 days time

ARCHIDPLY INDUSTRIES Ipo looks good but subscription level is such a low that it may open below issue price at time of listing. so one can buy at listing time below issue price.

vguard will list on BSE/NSE on 13 march 2008
vguard ipo Issue price: Rs82
vguard gray market price : Rs 90- 93

REC will list on BSE/NSE/F&O on 12 march 2008
REC Issue price: Rs105
REC gray market price : Rs 115- 120

Reliance Power listing date: 11 Feb 2008
Gray market premium: Rs 80 – Rs100
Bse Scrip Code: 532939

Reliance power NSE script name: Rpower
Future & option (F &O) lot size: 450

Happy Rpower listing!!! ?

43 Lakh applications alloted 15 shares each
4 Lakh applications not alloted any shares
3 Lakh applications rejected
Reliance Power Gray market price: Rs 630 -650
About Anil Ambani
Born: Jun 4 1959
Net worth: $45 Billion
Reliance group is India’s largest business house, founded by Anil’s late father Dhirubhai Ambani (1938-2002). His mother is Kokilaben Ambani. He is married to Tina Ambani(Munim) who was a well known Indian Actress in early 80′s, and with whom he has two sons: Jai Anmol and Jai Anshul.

The total investors’ wealth in the four Anil Ambani Group firms — Reliance Communications (RCOM), Reliance Capital (RCL), Reliance Energy (REL) and Reliance Natural Resources Ltd (RNRL) has reached 1,42,384 crore rupees, while total promoter holding is estimated at about Rs 87,000 crore. Anil’s wealth comes mostly from his over 65 per cent stake in RCOM, which has a market cap of about Rs 1,03,000 crore. He also has over 50 per cent in RCL (market cap of Rs 24,000 crore), 35 per cent in REL (market cap of Rs 12,700 crore) and close to 54 per cent in RNRL, which has a market cap of about Rs 2,600 crore.

Mahindra & Mahindra Ltd has announced that the Mahindra Holidays & Resorts India Ltd (the “Company”), a leisure hospitality provider offering quality family holidays and part of the Mahindra Group of Companies, has filed its Draft Red Herring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”) for an Initial Public Offering (“IPO”) of 10,719,347 equity shares of Rs 10 each for cash at a price (“Equity Shares”) to be decided through a 100% book-building process (the “Issue”). The Issue would constitute 13.0% of the fully diluted post-issue paid-up capital of the Company.

The Issue comprises a Fresh Issue of 4,122,826 equity shares and an Offer for Sale of 6,596,521 equity shares by Mahindra Holdings & Finance Ltd (the “Selling Shareholder”). The Selling Shareholder is considering a Pre-IPO Sale of up to 2,473,695 Equity Shares to certain investors (“Pre-IPO Sale”). The Selling Shareholder will complete the transfer and sale of such Equity Shares prior to the filing of the RHP with the Registrar of Companies (“RoC”). If the Pre-IPO Sale is completed, the Offer for Sale and consequently the Issue size offered to the public would be reduced to the extent of such Pre-IPO Sale, subject to a minimum Issue size of 10% of the post Issue capital being offered to the public.

The objects of this Issue include financing the expansion of some of its existing resorts and setting up of new projects. The Company has plans to construct new resorts and projects at Pondicherry, Kumbalgarh (Rajasthan), Kadambakkam (Tamil Nadu), Binsar (Uttaranchal), Theog (Himachal Pradesh) and Tungi (Maharashtra).

The Equity Shares offered through this DRHP are proposed to be listed on the National Stock Exchange of India Ltd (“NSE”) and the Bombay Stock Exchange Ltd (“BSE”).

The Company provides family holidays primarily through vacation ownership memberships. Its resorts offer the use of furnished accommodation, such as apartments and cottages, and an experience through resort specific amenities and facilities, such as restaurants, ayurvedic spas, kid’s clubs and a variety of holiday activities. It seeks to be the preferred partner to the urban family for family holidays and holiday services in India. Within a decade, the Company has successfully become a provider of quality family holidays having a pan-India coverage with a total of 21 resorts and 14 branch offices, 43 direct and 80 franchisee retail sales outlets as of October 31, 2007. As of October 31, 2007, it has 63,375 vacation ownership members.

MHRIL’s flagship service offering is Club Mahindra Holidays, currently it entities members the choice of holidaying at any of its 19 resorts, for seven days each year, in a season and apartment type of their choice, for 25 years. In addition, its members can choose to access a range of resorts globally through its RCI affiliation.

The Global Coordinator and Book Running Lead Manager (“GCBRLM”) to the issue is Kotak Mahindra Capital Company Ltd and the BRLM is HSBC Securities and Capital Markets (India) Pvt Ltd.