Three IPOs are Opening Today (22/9/2010) in Indian Stock Market

by khalid on 22/09/2010 · 0 comments

Indian Stock Market will have three new IPOs ( Initial Public Offering ) today on 22nd September 2010. Stock Market is trading at the three years high level and Sensex has already breaches the 20k level yesterdy and Nifty too closed above 6k mark for the first time in 32 months. In this hot scenario the companies wants to cash-in this situation and coming out with their IPOs. In September itself there are 11 companies coming out with their IPOs to collect the money from Primary Market.

Three IPOs which are going to hit the Primary Market today are Gallantt Ispat Ltd IPO, Cantabil Retail India Limited IPO and VA Tech Wabag Limited IPO. Out of these three, VA Tech Wabag Limited IPO has got 4 out of 5 grading/rating by ICRA while the other two have got 2 out of 5 grading/rating.

1. Gallantt Ispat Ltd IPO

2. Cantabil Retail India Limited IPO

3. VA Tech Wabag Limited IPO

It will be interesting to see that how much these three IPOs will oversubscribe in this Hot Market. Please visit again this blog BelltheBull to see further related news.

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