Market Today

trong response to the initial public offer of Oil India, an
improvement in business confidence of India Inc and revival of
monsoon rains helped key benchmark indices extend gains for the
second running day. The Sensex surged 327.20 points or 2.09% to
16,016.32, up 223.05 points from the day's low and off just 19.18
points from the day's high. The barometer index BSE Sensex surged
past the psychological 16,000 mark in late trade. Both the
frontline indices - the BSE Sensex and the 50-unit S&P CNX Nifty
settled at their highest level in more than 15 months. Global
stocks surged after the G20 leaders pledged to maintain stimulus
measures.

Today's rally came on the back of higher turnover. The BSE clocked
a turnover of Rs 6,055 crore as compared with Rs 5,722.02 crore on
Friday, 4 September 2009. The market breadth indicating the overall
health of the market was strong. Realty, banking and metal stocks
were at the forefront of today's rally. The BSE FMCG index was the
lone loser among the sectoral indices on BSE. In stock-specific
activity Tata Motors surged almost 13%. ICICI Bank jumped around 7%
and Sterlite Industries gained around 6.5%

L&T Finance Ltd. NCD

L&T Finance Ltd., has come out with an IPO of Secured Redeemable NCD for Rs.1000 Crs ( Rs.500 Crs. with an option to retain oversubscription upto Rs.500 Crs. ).

IPO opens on 18/08/09.

Tenor - 60, 88 & 120 months.

Very attractive interest rates - 10.24% for 120 months ( against the prevailing interest rates of around 8% in the market for other instruments)

Minimum investment Rs.10,000/- & Maximum investment under retail category Rs.1 Lac.

Retail Category restricted ONLY to Individuals & HUFs.

NO TDS - whatever may be the investment amount.

CARE AA+ rating by CARE & LAA+ rating by ICRA.

Demat account is mandatory as allotment is only on electronic mode.

Allotment on "First Come First Serve" basis.

Listing in NSE - to ensure any time liquidity.

ADANI POWER LIMITED IPO
Symbol - Series
APL EQ
Issue Period
July 28, 2009 to July 31, 2009
Issue Size
301,652,031 EQUITY SHARES [including Anchor investor portion upto 52,857,366 equity shares]
Issue Type
100% Book Building
Face Value
Rs. 10/-
Price Range
Rs. 90 To Rs. 100.
Tick Size
Re. 1/-
Market Lot
65 Equity Shares
Minimum Order Quantity
65 Equity Shares
Maximum Subscription Amount for Retail Investor
Rs.100000
IPO Market Timings
10.00 a.m. to 5.00 p.m.
IPO Grading
IPO Grade 3
Rating Agency
ICRA Limited
Global Co-ordinator and Book Running Lead Manager
DSP Merrill Lynch Ltd,
Book Running Lead Manager
Enam Securities Private Limited, IDFC - SSKI Limited, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, ICICI Securities Limited and SBI Capital Markets Limited
Syndicate Member
Enam Securities Private Limited, Edelweiss Securities Limited, India Infoline Limited, JM Financial Services Private Limited, Kotak Securities Limited,SBICAP Securities Limited, Sharekhan Limited and UBS Securities India Private Limited
Categories
FI, IC, VC, MF, FII, FVCI, SIDC, PF, PEF, MLA, BDFI, NIF, CO, IND, HUF, NRI , OTH EMP and DIR
No. of Cities with Bidding Centers
58
Name of the registrar
Karvy Computershare Private Limited
Address of the registrar
Karvy House, 46, Avenue 4 Street No. 1, Banjara Hills, Hyderabad 500 034.
Contact person name number and Email id
Contact Person: M. Murali Krishna Toll free no: 1-800-345-4001 Tel: (91 40) 2342 0815-28 Fax: (91 40) 2343 1551Email: adanipower.ipo@karvy.com Investor Grievance Email: adanipower.ipo@karvy.com
Prospectus
Click Here
Application Form
Click Here
Trading Member List
Click Here
IPO Grading
Click Here