REC Ltd. IPO

Incorporated in 1969, Rural Electrification Corporation Limited (REC) is one of the leading public financial institutions in Indian power infrastructure. They are engaged in the financing and promotion of transmission, distribution and generation projects throughout India.
REC provides funding to their clients and assist them in formulating and implementing various types of power project-related schemes. Clients include public sector power utilities at the central and state levels and private sector power utilities. Additionally, they fund power projects for their joint sector clients. Their financial products primarily include long-term loans, short-term loans, bridge loans and debt refinancing.
REC currently administer grants and provide loans as the nodal agency for the RGGVY, which is primarily aimed at the electrification of all villages in India. REC provides loan assistance to SEBs/State Power Utilities for investments in rural electrification schemes through its Corporate Office located at New Delhi and 17 field units (Project Offices), which are located in most of the States.
The GoI has rated their performance as “Excellent” continuously from Fiscal 1994 through Fiscal 2006. They have also been ranked among the top ten public sector undertakings in India by the Ministry of Heavy Industries and Public Enterprises for Fiscal 2000, Fiscal 2002 and Fiscal 2005.

IPO Information:
»» Public Issue Open: February 19, 2008 to February 22, 2008

»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)

»» Public Issue Size: 156,120,000 Equity Shares of Rs. 10/- »» Face Value: Rs. 10/-

»» Public Issue Price: Rs 90/- to Rs 105/- »» Market Lot: 60 Shares

»» Minimum Order Quantity: 60 Shares

»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-

»» Listing: BSE, NSE

»» Registrar: Karvy Computershare Private Ltd (Ph: +91-40-2342 0815)

V-Guard Industries Ltd. IPO

Incorporated in 1996, V-Guard Industries Limited is in the manufacturing and marketing of various electrical and electronic products.
V-Guard presently have sixteen branches including head office located in Cochin, spread across 12 states and the Union Territory of Delhi. They have recently ventured into states of Maharashtra, Haryana, Madhya Pradesh, Orissa, Himachal Pradesh, Chattisgarh, Uttar Pradesh and Gujarat. Products marketed under the brand name ‘V-GUARD’ are:
1) Electronic Voltage Stabilizers
2) Monobloc, Jet, Submersible pumps and Electric Motors
3) Insulated Electrical Cables (House Wiring & Industrial)
4) Electric Storage & Instant Water Heaters
5) Solar Water Heaters
6) UPS
7) Electric Fans
8) Generation of power through wind mills.

IPO Information :
»» Public Issue Open: February 18, 2008 to February 21, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 80,00,000 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/- »» Public Issue Price: Rs 80/- to Rs 85/-
»» Market Lot: 80 Shares »» Minimum Order Quantity: 80 Shares
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE »» Lead Manager: Anand Rathi Securities Limited
»» Registrar: Intime Spectrum Registry Ltd (Ph: +91-22-2596 0320)

GSS America Infotech Ltd. IPO

Incorporated in 1999, GSS America Infotech Ltd (GSS) is a leading Global IT Services company, focused on providing scalable and cost-effective IT solutions using Global Delivery Model.
Expertise in IT Consulting, Enterprise Application Integration, and IT Infrastructure Management, GSS America has established itself as a leading provider of IT services that transform company performance and operational effectiveness.Microsoft, TIBCO, BEA are company's key technology partners. GSS Client's includes Ernst & Young, Blue Cross Blue Shield of NC, BMC Software, Kelly Services, Thomson, Aurora Healthcare, WR Grace & Co, TDS Telecom, Pepsi Co, etc. As a strategy to de-risk, the Company has diversified its portfolio of service offerings by acquiring profit making IT services companies in USA. GSS have software solutions design / development centres and marketing offices in Chicago U.S.A. and Global Delivery Centres in Hyderabad, India.

IPO Information
»» Public Issue Open: February 11, 2008 to February 15, 2008

»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)

»» Public Issue Size: 34,97,495 Equity Shares of Rs. 10/-

»» Face Value: Rs. 10/- »» Public Issue Price: Rs 400/- to Rs 440/-

»» Market Lot: 15 Shares »» Minimum Order Quantity: 15 Shares

»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-

»» Listing: BSE, NSE »» Lead Manager: Religare Securities Ltd

»» Registrar: Bigshare Services Pvt Ltd (Ph: +91-22-2847 3747 )