Ranbaxy has 2-year target of Rs 700: Eastern FinanciersAccording to Eastern Financiers, Ranbaxy Laboratories with the change of ownership, Daiichi Sankyo Limited taking over from Malvinder Singh, we expect the company to grow aggressively and develop. So, the possibility of a de-listing of Ranbaxy stock in the future cannot be ruled out. A 2-year price target of Rs 700 looks possible. Settlement w
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Indiabulls Real Estate, through its subsidiary Citra Developers, acquired 134 acres of land in Dombivili, Mumbai for Rs 6.76 billion, reports Economic Times.The company has acquired the land after outbidding Gammon India`s bid of around Rs 6.75 billion.The auction was conducted on Tuesday by the high court receiver and Citra Developers have been asked to deposit 25% of the bid amount within 15 days from the auction day.Apart from Indiabulls and Gammon, other local firms also participated in the auction.Shares of the company gained Rs 5.65, or 1.14%, to end at Rs 501.25. The total volume of shares traded was 631,673 at the BSE. (Tuesday)
Gammon Infrastructure Projects (GIPL), an infrastructure project development company,in fact most of the bridges that are being build in chennai are constructed by Gammon .IT closed at Rs 158.15, down by 5.30% or Rs 8.85 on the NSE as against the issue price of Rs 167. It opened at Rs 170, and touched an intraday [...]
Serves 4
Ingredients
1 small packet sage and onion stuffing
juice of 1/2 lemon
2×225g ( 8 oz ) lean gammon steaks with all visible fat removed
16 very small onions
1 tablespoon polyunsturated margarine
1 tablespoon sugar
Pre-heat the oven to 200 C ( 400 F/gas mark 6 ) .
Make up the stuffing according to the instruction on the packet, adding the [...]
Shares of Mumbai-based Gammon Infrastructure Projects (GIPL), an infrastructure development company, after listing at a marginal premium of 1.79%, settled at a discount of 5.30% at the NSE on concerns over the valuation of the company.Shares touched a high of Rs 185 and a low of Rs 147 during the day. It closed with a discount of Rs 8.85, or 5.30%, at Rs 158.15 as against issue price of Rs 167. Total volume of shares traded was 12,726,928 and the total turnover was Rs 2,021.8 million at the NSE.GIPL was incorporated in April 2001 as Gammon Infrastructure (Q, N,C,F)* Projects and Investments. It subsequently changed its name to Gammon Infrastructure Projects in April 2002. The main shareholders of the company are Gammon India, and AMIF. GIPL undertakes and develops projects such as roads, b
Gammon Infrastructure Projects (GIPL) got listed on exchange today. The issue had got subscribed by 3.48 times. The share closed at Rs 158.15, down by 5.30% or Rs 8.85 on the NSE as against the issue...
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Gammon Infrastructure Projects on Thursday got listed with a premium on the Bombay Stock Exchange. The scrip opened at Rs 180, with a premium of 7.78 per cent over its issue price of Rs 167. It opened at its intra-day high and then slipped to tou ch a low of Rs 149.The company listed over 14 crore equity shares on the bourses. At the National Stock Exchange, the scrip opened at Rs 170 and touched a high of Rs 185. The scrip was later trading at Rs 153.85 on the BSE and Rs 152.90 on the NSE.Over 9.72 lakh shares changed hands on both the bourses. The company had raised about Rs 276 crore from its initial public offer, which had generated a demand of over three times the shares on offer. The funds raised through IPO would be utilised for inv estment in projects and meeting working capital re
Gammon Infrastructure Projects Ltd IPO which was open from March 10, 2008 to March 13, 2008 was oversubscribed by 3.48 times and 1.0856 times on retail.
Gammon Infra IPO Allotment can be checked here.
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Gammon Infra IPO got closed on 13th March, 2008. The IPO price band was Rs. 167 to Rs. 200. The IPO got good response from investors. The IPO price has however been fixed at the lower end of the...
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Mumbai-based Gammon Infrastructure Projects (GIPL), an infrastructure development company, fixed the issue price at floor price of Rs 167 a share after receiving moderate response to its initial public offering which subscribed 3.48 times on closing.GIPL intends to deploy the issue proceeds to fund the investment required by KBICL, its subsidiary formed for the design, construction, finance & maintenance of a 1.8 kilometer long four-lane bridge across river Kosi including 8.2 kilometers long approach roads and Guide bund & Afflux bund on NH-57 in the Supaul district of Bihar; to contribute to a part of the investment required by GICL, our subsidiary formed for the design, construction, finance & maintenance of a 32 kilometer long four-lane bypass to Gorakhpur town on NH-28 in t
Gammon Infrastructure Projects Limited (GIPL) IPO which got closed like two days back had a final over subscription number of 3.48 times.
over subscription Details
Non Institutional category : 3.7846 times
Qualified Institutional Buyers (QIBs) : 5.1680 times.
Retail Individual Investors (RIIs) : 1.0856 times
Employees : 0.5291 times.
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[...]
In Café Rawda there’s the usual coffee-drinking and hookah-smoking. But there’s something else taking the attention of the clientele. As well as chess and cards, this is the backgammon centre of the city. Against my better judgement we challenge some of the locals to a game. Somehow I manage to win – the locals are [...]
Gammon Infra IPO closes today , the ipo on the whole has subscribed by 1.9 times and on the retail side by mere .2 times or so , i will stay out and may be buy it in primary market , if the market would have been good and if the industrial growth had been [...]
The initial public offer of Gammon Infrastructure Projects (GIPL) has got decent response from investors. It has got subscribed 2 times. The price band is between Rs 167 and Rs 200 per equity share....
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Symbol - Series
GIPL EQ
Issue Period
March 10, 2008 to March 13, 2008
Issue Size
1,65,50,000 Equity Shares
Issue Type
100% Book Building
Face Value
Rs. 10/-
Price Range
Rs. 167 /- to Rs. 200 /-
Tick Size
Re. 1/-
Market Lot
35 shares
Minimum Order Quantity
35 shares
Maximum Subscription Amount for Retail Investor
Rs.100000
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addthis_pub [...]
Investors can stay away from the initial public offer of Gammon Infrastructure Projects Ltd. (GIPL). While the company’s unique positioning as a developer in the infrastructure space does provide...
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Gammon Infrastructure Projects Ltd is basically a infrastructure development company promoted by the Gammon Group.It is coming up with a public issue of 1.65 crore equity shares with a face value of Rs 10 each.The issue is going to open on Mar 10th and will close on Mar 13th,2008.The price band has been decided [...]
Gammon Infrastructure Projects (GIPL), an infrastructure project development company undertakes projects on a public-private partnership basis (PPP). Presently, GIPL undertakes and develops projects... [[ This is a content summary only. ...
Gammon Infrastructure Projects (GIPL), an infrastructure project development company undertakes projects on a public-private partnership basis (PPP). Presently, GIPL undertakes and develops projects...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Gammon Infrastructure Projects Limited IPO Information
Open - 10 March
Close - 13 March
Issue Type -100% Book Building Issue
Issue Size - 16,550,000 Equity Shares of Rs. 10/-
Issue Price - Rs 167/- to Rs 200/- Per Equity Share
Maximum S1 Vote(s)
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Gammon India Ltd has informed that a meeting of the Board of Directors of the Company will be held on March 21, 2007, inter alia, to consider, the payment of interim dividend for the financial year ended 2006-2007, if any.