Sunday, April 20, 2014

IPO: Wonderla Holidays Limited


Wonderla Holidays Limited  is coming out with initial public offer (IPO) from April 21, 2014. Wonderla Holidays Limited is one of the largest operators of amusement parks in India. The company  currently own and operate 2 amusement parks under the brand name ‘Wonderla’, situated at Kochi and Bangalore and is in the process of setting up 3rd amusement park in Hyderabad.
The company also own and operate a ‘Three Star’ resort beside amusement park in Bangalore under the brand name ‘Wonderla Resort’.
The Objective of the Issue is to proceed towards setting up an amusement park in Hyderabad and General Corporate Purposes.
Company’s Growth Strategy:
  • Expand business operations by setting up new amusement parks in other cities
  • Continue to expand and improvise existing amusement parks to increase Footfalls
  • Widen customer base and visitor experience through amusement parks integrated with resorts
  • Further expansion of in-house ride design and manufacturing capabilities
  • Expansion of revenue streams and innovative marketing initiatives to supplement income from entry fees
Issue Details: 
  • Offer Opens On : Monday, April 21, 2014
  • Offer Closes On : Wednesday, April 23, 2014
  • Price Band: INR 115 to INR 125
  • Bid Lot: 100 Shares & in multiple thereafter
  • Issue Size: INR 181.25 Crores at upper band, INR 166.75 Crores at lower band
  • Issue Size: 14,500,000 Equity Shares
  • IPO Grade: IPO Grade 4 / 5 by CRISIL
Allocation:
  • QIB: Not less than 7,250,000 Equity Shares – 50% of Net Issue Offer
  • NIB: Not less than 2,175,000 Equity Shares – 15% of Net Issue Offer
  • Retail: Not less than 5,075,000 Equity Shares – 35% of Net Issue Offer

Monday, April 14, 2014

NSE- List of Trading Holidays 2014

NSE will observe the following Trading Holidays during the Calendar Year January to December, 2014.
Holidays Date Day
1 Mahashivratri 27th February 2014 Thursday
2 Holi 17th March 2014 Monday
3 Ram Navami 08th April 2014 Tuesday
4 Dr. Babasaheb Ambedkar Jayanti 14th April 2014 Monday
5 Good Friday 18th April 2014 Friday
6 Parliamentary Elections in Mumbai 24th April 2014 Thursday
7 May Day 01st May 2014 Thursday
8 Ramzan Id 29th July 2014 Tuesday
9 Independence Day 15th August 2014 Friday
10 Ganesh Chaturthi 29th August 2014 Friday
11 Mahatma Gandhi Jayanti 02nd October 2014 Thursday
12 Dussehra 03rd October 2014 Friday
13 Bakri Id 06th October 2014 Monday
14 Diwali Laxmi Pujan 23rd October 2014 Thursday
15 Diwali Balipratipada 24th October 2014 Friday
16 Muharram 04th November 2014 Tuesday
17 Gurunanak Jayanti 06th November 2014 Thursday
18 Christmas 25th December 2014 Thursday
Muhurat Trading shall be held on Thursday, October 23, 2014 (Diwali – Laxmi Puja). Timings of Muhurat Trading shall be notified subsequently
The Exchange may alter / change any of the above Holidays, for which a separate circular shall be issued in advance.

Tuesday, April 8, 2014

ABG Shipyard (ABGSHIP )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

ABGSHIP Closes  at  `256.45 with a Fall  of -0.40% on 07 April 2014 with formation of  a  Small Red  Candle on Daily  Price Chart with Huge Delivery Volume of 69.08% .Technically ABGSHIP  is Looking Week on Daily Charts & It is entering into a Bearish Trend. Major Momentum Indicators are   Showing Weekness on Daily Price Chart.
We Recommend to  SELL : ABGSHIP  at CMP                   
Target : `250.46/223
Stop: Loss :`257.70
Time Frame: 5-25 Trading Days

Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market, Major World Indicies, Bonds, ETFs & Indian Economy. We use   Ami Broker   Charting Software (V-5.63),     Pattern Explorer (V-5.65)&   AmiTools-Power Scan(V-1.3.7).You can reach the Chartist here mail@niftynext.com Or Tel /SMS:  +91 880 2230 836.


Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
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