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  • Asahi Songwon Colors Ltd IPO (Asahi Songwon IPO) Detail

    May 09, 2007 - May 15, 2007        
      
       

    Incorporated in 1990 Asahi Songwon Colors Limited (ASCL) is in business of manufacture of blue and green pigments, more specifically Copper Phthalocyanine (CPC) Blue Crude and Pigment Green.

    ASCL manufactures CPC Blue Crude with installed capacity of 3600 tons per annum at Padra, Vadodara and Pigment Green-7 with an installed capacity of 1200 tons per annum at Kadi, Mehsana. It also deals in pigments, such as Pigment Alfa Blue 15:0, Pigment Alfa Blue 15:1 and Pigment Beta Blue 15:3.

    Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital to
    1. To meet the cost of expansion projects envisaging increase in the capacity of CPC Blue Crude from present level of 3600 TPA to 10800 TPA;
    2. To meet the cost of project for setting up 1200 TPA pigment beta blue plant;
    3. To set up captive Power plant of 2MW capacity to reduce the cost of power and ensuring uninterrupted power supply.

    Issue Detail:

      »»  Issue Open: May 09, 2007 - May 15, 2007
      »»  Issue Type: 100% Book Built Issue IPO
      »»  Issue Size: 3,722,222 Equity Shares of Rs. 10
      »»  Issue Size: Rs. 33.50 Crore
      »»  Face Value: Rs. 10 Per Equity Share
      »»  Issue Price: Rs. 90 - Rs. 108 Per Equity Share
      »»  Market Lot: 60 Shares
      »»  Minimum Order Quantity: 60 Shares
      »»  Listing At: BSE, NSE

    Issue Subscription Detail / Current Bidding Status

    Number of Times Issue is Subscribed (BSE + NSE)
    As on Date & TimeQualified Institutional Buyers (QIBs)Non Institutional Investors (NIIs)Retail Individual Investors (RIIs)Total
    Shares Offered / Reserved
     Day 1 - May 09, 2007 17:00 IST 0.0000 0.0000 0.0032 0.0000 
     Day 2 - May 10, 2007 17:00 IST 0.0000 0.0000 0.0044 0.0000 
     Day 3 - May 11, 2007 17:00 IST 0.0000 0.0000 0.0102 0.0000 
     Day 4 - May 14, 2007 17:00 IST 0.0000 0.0054 0.1439 0.0500 
     Day 5 - May 15, 2007 17:00 IST 3.2151 0.3869 0.5228 1.8500 

    New Compare Stock Brokers in India

    Comparison Grid  |  ICICIDirect Vs HDFC Securities  |  Zerodha Vs Ventura  |  Sharekhan Vs Angel Broking

             

    Asahi Songwon IPO News Alerts

    1. Thursday, May 31, 2007 10:26:00 AM
      IPO Listing - Asahi Songwon Colors Ltd.
    2. Monday, May 28, 2007 3:07:00 AM
      Asahi Songwon Colors Limited (ASCL) IPO Allotment
    3. Monday, May 07, 2007 2:05:00 PM
      Asahi Songwon Colors Ltd (ASCL) IPO opening on May 09

    Asahi Songwon IPO Rating

       Rating: 3.4
    26
    3.4
    Rating:Rated 3.4 stars

    Vote Here ...

       IPO Reviews  |  IPO Gradings

    Asahi Songwon IPO Listing Date

    Listing Date:Monday, June 04, 2007
    BSE Scrip Code:532853
    NSE Symbol:ASCL
    Listing In:B1 Group
    Sector:Chemicals
    ISIN:INE228I01012
    Issue Price:Rs. 90.00 Per Equity Share
    Face Value:Rs. 10.00 Per Equity Share

    Listing Day Trading Information

    BSE
    Issue Price:Rs. 90.00
    Open:Rs. 93.00
    Low:Rs. 87.65
    High:Rs. 134.70
    Last Trade:Rs. 89.95
    Volume:6,293,504

    Asahi Songwon IPO Prospectus

    Company Contact Information

    Registered Office :
        167/168, Indrad Village,
        Kadi Kalol Road,
        Dist. Mehsana,Gujarat-382727 (India)
    Phone: +91-2764 - 233007
    Fax: +91-2764 - 233020
    Email: ipo@asahisongwon.com
    Website: http://www.asahisongwon.com/

    Asahi Songwon IPO Registrar

    Link Intime India Private Ltd   »  Report
       Link Intime India Private Ltd,
       C-13 Pannalal Silk Mills Compound,
       LBS Marg, Bhandup West, Mumbai 400078

    Phone: +91-22-25963838
    Fax: +91-22-25946969
    Email: ascl.ipo@intimespectrum.com
    Website: http://www.linkintime.co.in

    Asahi Songwon IPO Lead Manager(s)

    Asahi Songwon IPO Messages (Asahi Songwon IPO Comments)

      Post New Message ...  

    13. tanushree  Jun 04, 2007 1:08:00 AM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    tanushree's - IPO Comments,  Public Profile

    asahi songwan to list close to its issue price only.

     

    12. bhat  Jun 02, 2007 11:54:00 AM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    bhat's - IPO Comments,  Public Profile

    listing @ R s95/

     

    11. rpm  Jun 02, 2007 12:32:46 AM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    rpm's - IPO Comments,  Public Profile

    What price is the expected on listing date?

     

    10. rpm  Jun 02, 2007 12:27:25 AM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    rpm's - IPO Comments,  Public Profile

    Tanushree,
    What is your opinion about ASAHI SONGWON?

     

    9. ANAND   Jun 01, 2007 9:33:26 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    ANAND 's - IPO Comments,  Public Profile

    tanushri- what is your opinion regarding this ipo

     

    8. anmol  May 28, 2007 1:20:25 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    anmol's - IPO Comments,  Public Profile

    Hey Everybpdy

    Allotment is out on Intime Spectrum site
    So plz. let me know your 8 digit application numbers or get it yourself

    Wish u all happy trading

     

    7. Ayesha  May 15, 2007 7:42:35 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Ayesha's - IPO Comments,  Public Profile

    I said Avoid, Bunty got angry.. It was for his Leg Pulling only I said Apply in full Quota!!

     

    6. Margy  May 15, 2007 11:55:30 AM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Margy's - IPO Comments,  Public Profile

    Does Ayesha know anything about this IPO? You are the one to avoid in the beginning, then you say apply in full...do you know what the hell you are talking about?

     

    5. uraheja  May 13, 2007 11:28:51 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    uraheja's - IPO Comments,  Public Profile

    my advise is to skip the issue, get better i.p.o, presently

    and by the way miss ayesh you have recommended this issue to apply full and earlier you have said to avoid the issue ,

     

    4. Ayesha  May 09, 2007 7:55:11 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Ayesha's - IPO Comments,  Public Profile

    Dear Bunty,
    Pl. apply Full quota..!!!

     

    3. Arun  May 08, 2007 3:16:18 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Arun's - IPO Comments,  Public Profile

    Hi Bunty,

    You will get at cheaper price in Secondary Market

     

    2. Bunty  May 08, 2007 12:05:45 AM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Bunty's - IPO Comments,  Public Profile

    Dear ayesha,
    why avoid...!!!!!!!! Any reason.

     

    1. Ayesha  May 07, 2007 11:31:15 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    Ayesha's - IPO Comments,  Public Profile

    Avoid

     

     

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