[stock_win_india] Nitesh Estates IPO Analysis and Bonus Issue News

 

Hi,

There are few bonus issue news and IPO analysis, check them out below. Join and SUBSCRIBE 5000+ subscribers community who is getting daily updates like these from us.

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• Nitesh Estates IPO Analysis and Recommendation

IPO - Nitesh Estates
Recommendation - Invest with limited exposure
Issue Opens On: 23-Apr-10
Issue Opens On: 27-Apr-10
Number Of shares (cr.) - 7.24- 7.50 Cr. equity
Price Band (Rs) - Rs 54-56
Lead managers - ICICI Securities, Kotak Investment Banking, JM Financials

• Rallis India bonus issue

The Rallis India board recommended a 1:2 bonus issue. The board also recommended a final dividend at the rate of Rs 10 per share (100%) for the year ended March 2010.

• Wipro Bonus Issue

Wipro's board recommended a 2:3 bonus issue at the time of announcing the fourth quarter results. The board also recommended a final dividend of Rs 6 per share on the face value Rs 2 each.

Thanks,
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