ET IPO Update

THE ECONOMIC TIMES Sat, May 04, 2013 | 10:00 AM IST IPO Newsletter

Open offers by cos decline 37% to Rs 12K cr in FY13 Open offers by cos decline 37% to Rs 12K cr in FY13Open offers made by listed companies to buy shares from public plunged 37 per cent to more than Rs 12,000 crore in the financial year 2012-13. Scotts IPO gets sluggish response; remains under-subscribed Scotts IPO gets sluggish response; remains under-subscribedThe initial public offer of Scotts Garments saw sluggish investor response as the issue remained under-subscribed on the final day of the issue today. GMR Airports to go public to help PE investors exit GMR Airports to go public to help PE investors exitGMR Airports is making operating profit and even on net profit level it has achieved breakeven in the third quarter. It has Rs 4,000 crore debt. Scotts Garments plans to raise over Rs 138 crore through IPO Scotts Garments plans to raise over Rs 138 crore through IPOScotts Garments today said the company is planning to enter the capital market to raise over Rs 138 crore to fund its future expansions. IPOs fail to live up to their price IPOs fail to live up to their priceMost of the laggards - who launched their IPOs at a time when the economy was growing at over 8.5% - belong to the power and real estate sectors.

Company Name Issue Size Status Date of Relevance Volume   Scotts Garments Ltd. 422392080.00 Close 25/04/2013 to 03/05/2013 120.00 Opal Luxury Time Products Ltd. 17838990.00 Close 25/03/2013 to 28/03/2013 130.00 Repco Home Finance Ltd. 935523824.00 Close 13/03/2013 to 15/03/2013 172.00 Bothra Metals & Alloys Ltd. 115800000.00 Close 12/03/2013 to 14/03/2013 25.00 Sai Silks (Kalamandir) Ltd. 489500025.00 Close 11/02/2013 to 13/02/2013 75.00 V Mart Retail Ltd. 330456000.00 Close 01/02/2013 to 05/02/2013 210.00

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