Listing date of recent IPOs

CantabilRetail: October 12th  (Tuesday) - Confirmed

Tecpro Systems: October 12th (Tuesday) - Confirmed

Sea TV Network: October 13th  (Thursday)  - tentative

AshokBuildcon: October 13th  (Thursday) or October 14th  (Wednesday)  - tentative

VA TechWabag: October 14th  (Thursday)  - tentative

tentative listing date of recent IPOs

Gallantt Ispat: October 11th (Monday) - Confirmed

CantabilRetail: October 12th  (Tuesday) - Confirmed

Tecpro Systems: October 12th (Tuesday) or 13th  (Wednesday) - tentative

AshokBuildcon: October 13th  (Wednesday)  - tentative

VA TechWabag: October 14th  (Thursday)  - tentative

Sea TV Network: October 14th  (Thursday)  - tentative

Allotment details for Cantabil Retail IPO

CLICK here for Allotment details for Cantabil Retail IPO


Listing date Oct 12th (Tuesday)


you will need

Application No      OR     DPID / Clint ID

CANTABIL RETAIL IPO Overscription

CANTABIL RETAIL IND LTD

Total Issue Size	8267716
Total Bids Received	19424600
Total Bids Received at Cut-off Price	6344950
No. of times issue is subscribed	2.35

Sr.No.	Category	No.of shares offered/reserved	No. of shares bid for	No. of times of total meant for the category
1	Qualified Institutional Buyers (QIBs)	4133858	7071500	1.71
1(a)	Foreign Institutional Investors (FIIs)		2194150
1(b)	Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)		3313550
1(c)	Mutual Funds		1563800
1(d)	Others		0
2	Non Institutional Investors	1240157	4747700	3.83
2(a)	Corporates		3240150
2(b)	Individuals (Other than RIIs)		1505450
2(c)	Others		2100
3	Retail Individual Investors (RIIs)	2893701	7605400	2.63
3(a)	Cut Off		6344950
3(b)	Price Bids		1260450

Updated as on 27 September 2010 at 1830 hrs

MS Advisory and PMS: IPO Recommendations: Subscribe - VA TechWabag, Tecpro Systems

MS Advisory and PMS: IPO Recommendations

Subscribe: VA TechWabag, Tecpro Systems

May Subscribe: CantabilRetail, AshokBuildcon

Business Line: Cantabil Retail — IPO: Avoid

Cantabil Retail — IPO: Avoid

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Despite healthy revenue and margin growth and diversified offerings, execution risks and other challenges dampen prospects.

Bhavana Acharya

Business Line

Investors may avoid subscribing to the initial public offer of retailer Cantabil Retail. The offer values the company at 15 times the per-share earnings of FY10 at the higher end of its price band of Rs 127-135, and 13 times estimated FY11 earnings.

Peers such as Koutons Retail and Kewal Kiran Clothing trade at valuations of 12-14 times. Value retail saw valuations revised down following poor performance, inventory build-up and doubts over scalability.

Over subscription details for IPOs: va tech wabag, cantabil retail, tecpro, ashoka buildcon

	VA TECH WABAG	CANTABIL RETAIL	TECPRO SYSTEMS	ASHOKA BUILDCON
QIB	36.13x	0.53x	0.15x	0.58x
HNI	0.84x	1.34x	0.00x	4.52x
Retail	0.27x	0.34x	0.10x	0.14x
Total	15.20x	0.59x	0.11x	0.90x
Closing date	27-Sep	27-Sep	28-Sep	28-Sep

Updated as on 24 September 2010 at 1700 hrs