DB Corp IPO was subscribed over 39 times due to heavy support from QIBs.

Check whether you have been alloted DB Corp IPO shares!

Click here for more details on DB Corp IPO!

Free Email Subscription
Free Update on Mobile
Follow us on Twitter
Subscribe to BestInvestments Google Groups
Follow us on blogger
Best Deals

Kotak FMP 18M Series 3, is a close ended debt scheme. The investment objective of the scheme is to generate regular returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk.

Issue Open: 09-Dec-2009
Issue Close: 22-Dec-2009
Mutual Fund Family: Kotak Mahindra Asset Management Co. Ltd.
Fund Class: Fixed Maturity Plan
Fund Type: Close-Ended
Investment Plan: Growth
Fund Manager: Deepak Agrawal / Abhishek Bisen
Entry Load: 0.00%
Exit Load: 0.00%
Minimum Investment: Rs. 5000

Free Email Subscription
Free Update on Mobile
Follow us on Twitter
Subscribe to BestInvestments Google Groups
Follow us on blogger
Best Deals

Baroda Pioneer PSU Bond Fund, is an open-ended debt fund. The investment objective of the fund is to generate stable returns with lower risk by investing in fixed income instruments of Public Sector Undertakings (PSUs)– banks, financial institutions & companies.


Issue Open: 07-Dec-2009
Issue Close: 21-Dec-2009
Mutual Fund Family: Baroda Pioneer Asset Management Co. Ltd.
Fund Class: Debt - Long Term
Fund Type: Open-Ended
Investment plan: Growth
Fund Manager: Alok Sahoo
Entry Load: 0.00%
Exit Load: 0.50%
Other Info: Exit load: 0.50% if redeemed on or before 90 days from the date of allotment.
Minimum Investment: Rs. 5000

Free Email Subscription
Free Update on Mobile
Follow us on Twitter
Subscribe to BestInvestments Google Groups
Follow us on blogger
Best Deals

IDFC Fixed Maturity Plan - 17 Months Series 1 - Plan B, a close ended income scheme. The investment objective of the scheme is to seek to generate income by investing in a portfolio of debt and money market instruments maturing before the duration of the scheme.


Issue Open: 09-Dec-2009
Issue Close: 17-Dec-2009
Mutual Fund Family: IDFC Asset Management Company Private Limited
Fund Class: Fixed Maturity Plan
Fund Type: Close-Ended
Investment plan: Growth
Fund Manager: Anupam Joshi
Entry Load: 0.00%
Exit Load: 0.00%
Minimum Investment: Rs. 10000000

Free Email Subscription
Free Update on Mobile
Follow us on Twitter
Subscribe to BestInvestments Google Groups
Follow us on blogger
Best Deals

Reliance Fixed Horizon Fund - XIII - Series 6, is a close ended income fund. The investment objective of the scheme is to generate regular returns and growth of capital by investing in diversified portfolio of Central and state Government securities and Other fixed income / debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.

Issue Open: 18-Dec-2009
Issue Close: 23-Dec-2009
Mutual Fund Family: Reliance Capital Asset Management Ltd.
Fund Class: Fixed Maturity Plan
Fund Type: Close-Ended
Investment plan: Growth
Fund Manager: Amit Tripathi
Entry Load: 0.00%
Exit Load: 0.00%
Minimum Investment: Rs. 5000

Free Email Subscription
Free Update on Mobile
Follow us on Twitter
Subscribe to BestInvestments Google Groups
Follow us on blogger
Best Deals

The initial public offering (IPO) of Godrej Properties has been subscribed 4 times on the close of the issue.

Click here to check if you have been alloted Godrej Properties shares!

Click here to get more details on the IPO!

Watch out this blog for more details on listing!

Free Email Subscription
Free Update on Mobile
Follow us on Twitter
Subscribe to BestInvestments Google Groups
Follow us on blogger
Best Deals

The initial public offering (IPO) of JSW Energy has been subscribed 1.65 times on the close of the issue.

Click here to check if you have been alloted JSW Energy shares!

Click here to get more details on the IPO!

Watch out this blog for more details on listing!

Free Email Subscription
Free Update on Mobile
Follow us on Twitter
Subscribe to BestInvestments Google Groups
Follow us on blogger
Best Deals

The IPO of DB Corp has opened for subscription with Rs 185 - Rs 212 per share price band. The issue  closed on December 15, 2009. The IPO has got subscribed 39.54 times.

At the close of the IPO,
QII segment got subscribed 68.52 times
NII segment got subscribed 26.17 times
Retail segment got subscribed 3.42 times

See the details of the IPO here!

Watch out this blog for all details on allotment and listing!

Free Email Subscription
Free Update on Mobile
Follow us on Twitter
Subscribe to BestInvestments Google Groups
Follow us on blogger
Best Deals

Interest rates have stabilized now and are expected to go up in the coming months. Not sure why anyone would want to lockin the money for long term in fixed deposits at such low interest rates. Consider corporate fixed deposits, mutual funds or stocks for better returns. For Senior Citizens, there is additional 0.25% to 1% more depending on the bank. Comparison of Latest Resident/NRO Bank Fixed Deposit Interest Rates - As of 12th December, 2009:



Bank


6 months
1 year
2 year
3 year
4 year
5 year
HSBC

3.90%
5.50%
5.50%
5.50%
5.50%
5.50%
ICICI

6.00%
6.25%
7.00%
7.50%
7.50%
7.75%
HDFC

6.00%
6.50%
7.00%
6.00%
6.00%
6.00%
Axis

6.00%
6.50%
7.10%
7.10%
7.00%
7.00%
IDBI

5.75%
6.50%
7.00%
7.25%
7.00%
7.50%
Barclays

4.75%
6.25%
7.00%
7.25%
7.25%
7.25%
PNB

5.50%
6.50%
6.75%
7.00%
7.00%
7.00%
BOI

5.75%
6.50%
6.50%
6.50%
6.50%
6.50%
Oriental

5.50%
6.50%
6.75%
7.00%
7.00%
7.00%
Canara

5.50%
6.25%
6.75%
7.00%
7.00%
7.00%
SBI

5.25%
6.00%
6.50%
6.50%
6.50%
7.25%
Dena

5.50%
6.50%
6.75%
7.00%
7.00%
7.00%
BOR

5.75%
6.75%
7.00%
7.25%
7.25%
7.50%
IndusInd

6.25%
7.25%
7.25%
7.75%
7.75%
7.75%
Yes

6.00%
6.50%
7.10%
7.10%
7.00%
7.00%



Note: This post will be updated atleast every fortnight, so bookmark this post for comparison between interest rates offered by different banks. Also, leave your comments if you find this useful.

Free Email Subscription
Free Update on Mobile
Follow us on Twitter
Subscribe to BestInvestments Google Groups
Follow us on blogger
Best Deals

Cox and Kings IPO is listed its equity shares on exchange today on December 11, 2009. The issue price is fixed at the higher end of the band at Rs 330. The IPO had received good response from investors and was subscribed 6.3 times.

The reports suggest the gray market premium for the Cox and Kings IPO was more than Rs 10 over its issue price.

The IPO had a good run today! The share listed at Rs 343 on NSE at a premium of 4% . On BSE the share listed at Rs 304, below its issue price. The share has touched an intra day high of Rs 433 so hopefully investors would have cashed in with this IPO.

On the BSE, the share closed at Rs 426.05, at a premium of 29.10% to its issue price. It touched an intraday high of Rs 433.45 and intraday low of Rs 304.10.

Check out our recommendation of the IPO here!

Watch out this blog for more details on listing!

You can check the allotment status here!

Reblog this post [with Zemanta]

Free Email Subscription
Free Update on Mobile
Follow us on Twitter
Subscribe to BestInvestments Google Groups
Follow us on blogger
Best Deals