Austral Coke & Projects Ltd IPO (Austral IPO) Detail

Aug 7, 2008 - Aug 13, 2008

Incorporated in 1994, Austral Coke & Projects Limited is engaged in the manufacture and sale of low ash metallurgical coke and refactory in India. LAM Coke produced by Austral is used as a reducing agent in blast furnaces for reducing iron or into hot metal in steel, foundries, zinc smelters, cement and Ferro alloy industries.

Company also deals in trading of textiles and rentals of construction and earthmoving machineries to medium/large construction companies who are engaged in the business of constructing/building of roads, airports, power projects, institutional & industrial complexes, multiplexes and residential buildings and other related infrastructural activities more importantly catering to Public Sector undertakings, private sector, CPWD and various national & international government aided projects.

Currently it has capacity to produce 375,000 MT coke per annum which is planned to increase up to 525,000 MT per annum by FY�09. Current capacity utilization of LAM Coke plant is 65% of 175,000 MTPA which is expected to increase up to 75% of 525,000 MTPA by FY'09. Company through its subsidiary Astra Mining Limitada, Mozambique, acquired six prospective licenses admeasuring 100,000 hectares in Mozambique. This acquisition will provide raw material security to Austral.

Company Financials:

Particulars	For the year/period ended (Rs. in Lacs)
	29-Feb-08	31-Mar-07	31-Mar-06	31-Mar-05	31-Mar-04
Total Income	27395.04	19030.69	12811.11	4321.97	2031.96
Profit After Tax (PAT)	3517.25	914.79	202.07	127.74	30.51

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Setting up of 1,50,000 MTPA of LAM Coke plant;
2. Captive Power plant of 8 MW;
3. Acquire prospecting Mining Licenses in India / internationally;
4. Prepayment of High cost debt;
5. General Corporate Purposes;
6. Expenses related to Fresh Issue.

Austral IPO Details

IPO Opening Date	Aug 7, 2008
IPO Closing Date	Aug 13, 2008
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹164 to ₹196 per equity share
Market Lot	34 Shares
Min Order Quantity	34 Shares
Listing At	BSE, NSE
Issue Size	7,260,000 Eq Shares of ₹10 (aggregating up to ₹142.30 Cr)

Austral IPO Lot Size

The Austral IPO market lot size is 34 shares. A retail-individual investor can apply for up to 30 lots (1020 shares or ₹199,920).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	34	₹6,664
Maximum	30	1020	₹199,920

Austral IPO Subscription Status (Bidding Detail)

The Austral IPO is subscribed 1.65x times on Aug 13, 2008 17:00. The public issue subscribed 0.69x in the retail category, 0.62x in the QIB category, and 7.32x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
Total	1.65x

Austral IPO Prospectus

Austral IPO Rating

123

3.6

Rating:

Vote Here ...

Austral IPO Listing Date

Listing Date	Thursday, September 4, 2008
BSE Script Code	533016
NSE Symbol	AUSTRAL
Listing In	B
ISIN	INE455J01019
IPO Price	₹196 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹196.00
₹206.00
₹206.00
₹308.80
₹225.20
18,828,962

NSE
₹196.00
₹201.40
₹201.40
₹324.85
₹225.95
22,110,363

Austral IPO Reviews / Ratings

SPA Financial Advisor Ltd - Neutral
Smart Investments Ltd - Avoid

Company Contact Information

Austral Coke & Projects Ltd
Diamond Chambers, 4 Chowringhee Lane,
Block No. 2, 7th Floor,
Unit No.-7-I, Kolkata-700016.

Phone: +91-33-22521799
Email: ipo@australcoke.com
Website: http://www.australcoke.com

Austral IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: austral.ipo@intimespectrum.com
Website: http://www.linkintime.co.in

Austral IPO Lead Manager(s)

Lead Manager Reports

Austral IPO FAQs

What is Austral IPO?

Austral IPO is a main-board IPO of 7,260,000 equity shares of the face value of ₹10 aggregating up to ₹142.30 Crores. The issue is priced at ₹164 to ₹196 per equity share. The minimum order quantity is 34 Shares.

The IPO opens on Aug 7, 2008, and closes on Aug 13, 2008.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Austral IPO will open?

The Austral IPO opens on Aug 7, 2008 and closes on Aug 13, 2008.
What is the lot size of Austral IPO?

Austral IPO lot size is 34 Shares and the minimum order quantity is 34 Shares.
How to apply for Austral IPO?

You can apply in Austral IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Austral IPO allotment?

The finalization of Basis of Allotment for Austral IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Austral IPO allotment status.
When is Austral IPO listing date?

The Austral IPO listing date is on Thursday, September 4, 2008.

Austral IPO Message Board

Ranked Members

104. pravin |Aug 26, 2009 01:51

can i buy astral coke @55 level.what next target in 6 month.

103. kunal |Aug 11, 2009 17:05

Want is the latest on AUSCOK? what levels do u see in next 6 months...current @ 46....any views pls?

102. pious.k.r |Nov 25, 2008 14:23

i have 1500 shares of austral coke for Rs.195.could u please advice what to do.do i need to sell for the high loss or keep it for months,so that it will come up.please advice me

101. PNK |Sep 7, 2008 20:48

Be ready for Fireworks in Austral Coke. By all means, it will go up tomorrow.

100. dnyanu |Sep 5, 2008 20:26

i recomend only to buy at these level
till next friaday its going to toch 270 level

99. PSB |Sep 5, 2008 20:15

Abhishek jain sorry ur views about micrwon is wrong..

98. Abhishek Jain |Sep 5, 2008 18:29

hello rohit this is the reply of your question. after seeing the delivery yesterday it was 28 lakhs for nse and bse. out of 72.6 lacs operator has nearly 60 lacs shares. but delivery was only 28 lacs it means operator might still have shares.

let me tell you one thing by my experience. if operator is still there in this counter and hasnt dumped the scrip it will increase in 5-7 trading sessions. if it doesnt increase 50 rs from 200 now fridays price dump without thinking because going by fundamentals the scrip will languish at 100-125. and please dont think of making profit. if it gets near your cost thank god.

97. PNK |Sep 4, 2008 21:16

Market will open in negative range tomorrow. Austral Coke may go to 190 - 180 odd levels in day or two. Start accumulating at these levels. It will give good returns very soon.

96. rohit |Sep 4, 2008 20:51

Hi abhishek, please tell about austral coke . i have purchased tthese shares @ rs. 265/-. advice me

95. Abhishek Jain |Sep 4, 2008 19:44

look guys how i yesterday tell you everything in advance. see what has happened. now let me again tell you guys for your own good, just avoid this scrip for trading or investment. those who still has allotment can sell it tomorrow at or near 240. remember avoid it, for your own good. and also dont subscribe micron as no operator will be there and scrip perse is bad fundamentally.

94. PSB |Sep 4, 2008 19:40

good to see, everyone giving comments and helping each othet to grow....thanks to everyone.

93. dnyanu |Sep 4, 2008 18:22

austral coke is fundamentally attractive
and company is very active
i suggest to buy it at these level it will give u a sure retun around 30% till end of next week.
Dont sell it .

92. ameeq |Sep 4, 2008 17:29

any action will be there tomorrow in Austral coke , today i entered for intraday and i lost 30 k , please any one can tell me will it do any action tomorrow

91. ziangi |Sep 4, 2008 16:18

Hearty congratulations Prakash Ji :)
Well done Sir.

90. kan |Sep 4, 2008 13:16

What a great listing....
got 102 in IPO...sold 25 at 286, 25 at 280, 25 at 275, 15 at 260 and 12 at 230...
total profit 7.4k

lost around 7.5k in last 3 IPOs, sara hisab barabar ho gaya....great day for me :)))))))

89. Rajasthan Royals |Sep 4, 2008 13:13

Prakash Jii Grttttttt Callllll on Austral IPO...

Every body should Congratulate him on his grt prediction.

Keep it up..

Grttttttttttttttttt

88. prakashipo |Sep 4, 2008 12:55

AGAIN BULLS EYE HIT THE FIRST RATE IN NSE WAS 280 MIND NOW CLOSING WILL BE BELOW OR AROUND 200 SHORT SELL IF YOU HAVE GUTS ,MKT PRIZE NOW IS 240

87. Abhishek Jain |Sep 3, 2008 20:43

LISTEN GUYS LET ME TELL YOU ONE THING ON BASIS OF MY EXPERIENCE; THOSE WHO ARE SAYING 300-500 AFTER RESURGERE LISTING, FORGET IT. STOCK MARKET INSTANCES NEVER REPEAT ITSELF AND THAT TOO WITH IN A WEEK. YES DECENT PROFIT CAN BE EXPECTED.

86. PSB |Sep 3, 2008 20:18

Good to read all comments, it should list at around 250 and should go upto 350/- but donot sell them by friday it can be 400

85. prakashipo |Sep 3, 2008 18:00

right now due to some offering seller at 230 in kolkata grey mkt

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