MOIL Limited - IPO Details

Sector: Mining & Mineral Products
Transaction: Book Building
Issue Size: 33,600,000 Equity Shares of Rs. 10 each, 20% of the post offer paid-up capital
IPO Dates: Nov 26th 2010 - Nov 30th 2010 (for QIB)
IPO Dates: Nov 26th 2010 - Dec 1st 2010 (for Retail/ HNI)
Price Band: Rs. (*) to Rs. (*)
Bid Lot: (*) Equity Share and in Multiple of (*)
Exchanges: BSE, NSE
BRLM: Edelweiss Capital Limited, IDBI Capital Market Services Limited, J. P. Morgan India Private Limited
Registrar: Karvy Computershare Private Limited

Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Claris Lifescience Ltd. - IPO Details - with price band

Claris Lifescience Ltd. IPO

BRLM: JM Financial Consultants/ ICICI Securities/ Edelweiss Securities/ Enam Securities.
Syndicate Member: JM Financial Services Pvt. Ltd./ Edelweiss Securities Ltd.
Issue Period: November, 24 to November, 26, 2010
Issue Size : Rs. 300 cr.
Price Band: Rs. 278/- to Rs. 293/-
Lot Size: 22 Equity Shares into multiples of 22 Equity Shares
Registrar: Link Intime India Private Limited

Issue Size at Rs. 278/- (1,07,91,366 Equity Shares) (Including Anchor)
Issue Size at Rs. 278/- (89,48,363 Equity Shares) (Excluding Anchor)

QIB Book: 46,31,817 (60% of Net issue size) (excluding anchor)
HNI Book: 10,79,136 (10% of Net issue size)
Retail Book: 32,37,410 (30% of Net issue size)

Issue Size at Rs. 293/- (1,02,38,907 Equity Shares) (Including Anchor)
Issue Size at Rs. 293/- (83,95,904 Equity Shares) (Excluding Anchor)

QIB Book: 43,00,342 (60% of Net issue size) (excluding anchor)
HNI Book: 10,79,136 (10% of Net issue size)
Retail Book: 32,37,410 (30% of Net issue size)

Thank you,
Minita Aiya
Client Service Associate
DENIP Consultants Pvt. Ltd.

Markets Today - 22/11/2010 - Disclaimer Post Applies

Nifty future is trading at par with spot. We expect 6,000 to act as a support on the downside on account of more of put concentration than call and on the upside 6,100 to act as a stiff resistance on basis of more call concentration than puts. However, on basis on concentration the range for November expiry is 6,200 on the upside and 5,900 on the downside. 

Option Analysis:

·         Call writing: In November series, major call concentration is witnessed at 6,200 CE of 82.7 lakh shares along with fresh writing of 3.45 lakh shares. In December series, maximum writing is seen between 6,200 CE and 6,400 CE where the total added outstanding open interest is 87 lakh shares with concentration at 6,000 CE.   

·         Put Writing: On the other hand, in November series, put concentration is witnessed at 5,900 PE of 66.5 lakh shares and major writing at 6,000 PE of 15.99 lakh shares. In December series, maximum writing is witnessed at in-the-money strikes i.e. between 5,800 PE and 6,000 PE and at 5,500 PE.

Implications: In November series, more of call concentration than put at 6,100 indicates this level to act as stiff a resistance and above that 6,200 for expiry on account of maximum call concentration. However the downside is limited to 5,900 on basis of major put concentration since the start of October expiry. 

FIIs and DIIs activity in capital market segment

·         FIIs were net buyers of Rs 335 crore with Gross buyers of Rs 2,906 crore and Gross Sellers of Rs 2,570 crore.

·         DIIs were net buyers of Rs 212 crore with Gross buyers of Rs 1,373 crore and Gross sellers of Rs 1,160 crore.

India VIX (Inverse relationship between Nifty and Indian VIX)

·         Volatility for 22^nd November, 2010 close at 19.9 which is 7.7% lower as compared to previous close, after touching an intraday high of 21.85 and low of 19.4.

Implications: Indian VIX traded plunged and thereby closed below 20 levels. We expect it to move consolidate at current levels.

US Economic Data releases for the week 22nd Nov to 28th Nov 2010

US Economic Data releases for the week:

Tuesday
GDP
Corporate Profit
Existing Home Sales

Wednesday
Durable Goods Orders
Personal Income and Outlays
Jobless Claims
Consumer Sentiment
New Home Sales
FHFA House Price Index

Thursday
Holiday: Thanksgiving Day

Friday
Fed Balance Sheet
Money Supply

Source: http://www.sharetipsinfo.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Change in Load Structure under Kotak Equity Arbitrage Fund

Effective November 19, 2010, Kotak Mutual Fund has revised the exit load under Kotak Equity Arbitrage Fund.

Now the exit load will be Nil. Earlier the exit load used to be 0.50% for investments redeemed within 182 days from the date of allotment.


Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

BSL Interval Income Qtly Series I: Dividend Declaration

Birla Sun Life Mutual Fund has approved the declaration of dividend under the dividend option of Birla Sun Life Interval Income Quarterly Series I (Retail & Institutional Plans).

The quantum of the declaration will be 1.629 per cent.The record date is November 23, 2010.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI Quarterly Interval Fund Series III: Dividend Declaration

UTI Mutual Fund has approved the declaration of dividend under the dividend option of UTI Quarterly Interval Fund Series III (Retail & Institutional Plans).

The quantum of the declaration will be 100 per cent of the distributable surplus as available under the plan(s) on the record date. The record date is November 24, 2010.


Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Tata Fixed Income Portfolio Scheme C3: Dividend Declaration

Tata Mutual Fund has approved the declaration of dividend under the dividend option of Tata Fixed Income Portfolio Scheme C3 - Half Yearly Plan -(Retail & Institutional Plans).

The quantum of the declaration will be 100 per cent of the distributable surplus as available under the plan(s) on the record date. The record date is November 24, 2010.


Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Fidelity launches Short Term Income Fund

Fidelity Mutual Fund on Thursday launched Fidelity Short Term Income Fund, an open ended income scheme that aims to generate reasonable returns primarily through investments in fixed income securities and money market instruments. The NFO for the fund will be open from November 19 to November 30, 2010. Shriram Ramanathan is the fund manager of the Fidelity Short Term Income Fund. The Scheme is benchmarked to the Crisil Short Term Bond Fund Index.

The fund will offer growth and dividend options. The minimum initial investment is Rs 5000. The Fund has an exit load of 0.50 per cent, which will be applicable for redemptions within 6 months from the date of purchase or allotment on a first-in-first-out basis.

Investors can invest in the Fidelity Short Term Income Fund even through the SIP route with a minimum amount of Rs 500 per installment with the total of all installments not being less than Rs 5000. In addition, the systematic transfer and withdrawal plans are available in the Fund.


Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Change in Load Structure under ICICI Prudential Gilt Fund - Treasury Plan

Effective November 19, 2010, ICICI Prudential Mutual Fund has revised the exit load under ICICI Prudential Gilt Fund - Treasury Plan. Now the exit load will be 1% if investment is redeemed within 6 months from the date of allotment under all the options of the scheme. This load will be applicable to all transactions including SIP/ STP/ SWP and Micro SIP. Earlier the exit load used to be Nil.

The exit load will not be applicable to switches made from the scheme to any equity schemes of the fund house, except ICICI Prudential Index, ICICI Prudential Equity & Derivatives-Income Optimizer and ICICI Prudential Growth Fund.


Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd