Tuesday, January 5, 2010

MBL Infra - Basis of allotment

The basis of allotment of MBL Infra has been approved by the Stock Exchange. Retail & HNI investors have been allotted full shares what they had applied for.

Refund & Shares transfer in DP will happened tomorrow

Listing of MBL Infra IPO likely to happen on 8th Jan or 11th Jan 09.

Below is the basis:

HNI

No. of








Shares
  Number of
Shares
Shares allotted

S.No
applied for
applications
applied in
After
Ratio of allottes


(Category
received
each
rounding
to applicants


wise)

category
off



(1)
(2)
(3)
(4)
             (5)
         (6)









1
1400
1
1400
1400.00
1

2
2800
2
5600
2800.00
1

3
3885
1
3885
3885.00
1

4
6160
1
6160
6160.00
1

5
8330
2
16660
8330.00
1

6
11095
1
11095
11095.00
1

7
11655
3
34965
11655.00
1

8
13860
2
27720
13860.00
1

9
17500
1
17500
17500.00
1

10
24990
2
49980
24990.00
1

11
27545
1
27545
27545.00
1

12
27755
1
27755
27755.00
1

13
27790
1
27790
27790.00
1

14
27895
1
27895
27895.00
1

15
28000
1
28000
28000.00
1

16
55545
2
111090
55545.00
1

17
69440
2
138880
69440.00
1

18
280000
1
280000
280000.00
1








  GRAND TOTAL
26
843920



















Retail:


No. of

Total No.of



Shares
  Number of
Shares


S.No
applied for
applications
applied in
After

Ratio of

(Category
received
each
rounding

allottees

wise)

category
off



(1)
(2)
(3)
(5)
             (6)

                  (7)








1
35
1201
42035
35.00

1

2
70
227
15890
70.00

1

3
105
177
18585
105.00

1

4
140
73
10220
140.00

1

5
175
33
5775
175.00

1

6
210
229
48090
210.00

1

7
245
253
61985
245.00

1

8
280
133
37240
280.00

1

9
315
6
1890
315.00

1

10
350
23
8050
350.00

1

11
385
3
1155
385.00

1

12
420
3
1260
420.00

1

13
455
4
1820
455.00

1

14
490
4
1960
490.00

1

15
525
769
403725
525.00

1









  GRAND TOTAL
3138
659680

















Monday, January 4, 2010

Dividend updates:

 

LATEST DIVIDEND LIST






S NO

AMC

Scheme Name

Rate of Dividend

Record Date

1

BIRLA

FREEDOM FUND

20%

08/01/2010

2

BIRLA

GENNEXT FUND

10%

08/01/2010

3

CANARA

EQUITY TAX SAVER

20%

08/01/2010

 

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HDFC MF announces 12.5% dividend under HDFC Long Term Equity Fund on 8Jan2010

HDFC Mutual Fund has declared dividend under HDFC Long Term Equity Fund -- a close-ended equity scheme. The fund house has fixed January 8, 2010 as the record date for dividend declaration.

The amount of dividend declared is Rs 1.25 or 12.5% on the face value of Rs 10 each. As on the December 31, 2009, the net asset value stood at Rs.12.942 per unit

The investment objective of the scheme is to achieve long-term capital appreciation with a maturity period of 5 years with automatic conversion into an open-ended scheme upon maturity

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Canara Robeco Announces 20% Dividend in Canara Robeco Equity Tax Saver

We are pleased to apprise you that Canara Mutual Funds are declaring a 20% (Re 2.00 per unit) dividend in  Canara Robeco Equity Tax Saver Fund. The record date for dividend distribution is 08th JAN '10. ( NAV Rs. 21.80 As on 1st Jan 10 )
 
Consistent Performance:
    • Canara Robeco Equity Tax Saver Fund -  The fund has been among the top quartile in its category with annualized returns (as on 1st Jan 10 )  as follows:
        • 6 months returns of 54.38% pa 
        • 1 Yr returns of 89.4% pa
        • 3 Yr returns of 18.48% pa
Contact for : Common Application Form, Call @ 0-9818-26-9396 | Email @ investorspleaselisten@in.com

M&M Update; Raising target price to Rs1265, maintain ACCUMULATE

Mahindra and Mahindra Ltd

 

Raising target price to Rs1265, maintain ACCUMULATE


ACCUMULATE

 

CMP: Rs 1081                           Target Price: Rs 1265


We are upgrading our volumes estimates for FY10 and FY11 across all the segments. The volume upgrades are due to strong performance in 3QFY10 vis a vis our estimates and expectation of a good rabi crop (till 16th November 2009, the acreage of wheat, rapeseed and mustard/gram dal have increased by 5%, 3% and 1% respectively over comparable period last year). In our note – 'Favorable risk reward ratio – dated 12th October 2009', we had indicated that our estimates are very conservative to factor in the risk of weak monsoon.

We have upgraded our standalone EPS by 16% and 12% to Rs 65.6 and Rs 69 for FY10 and FY11 respectively. Despite a strong volume upgrades and hence operating leverage, we are expecting FY11 EBIDTA margins to decline by 40 bps to 13.3% vis a vis our earlier estimates due to higher raw material cost pressures. We are upgrading our target price by 13% to Rs 1265 per share. We maintain our ACCUMULATE rating on the stock.

 

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