Suryachakra Power Corporation Ltd IPO (Suryachakra IPO) Detail

Jun 25, 2007 - Jun 29, 2007

Incorporated in 1995, Suryachakra Power Corporation Limited is Hyderabad based power Generation Company.

Suryachakra Power Corporation Limited envisions to be amongst the leaders in all spheres ranging from power generation to distribution and trading.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
1. To invest in MSM Energy Limited, one of the Subsidiaries of the Company and
2. To enter into Power Trading Business.

Suryachakra IPO Details

IPO Opening DateJun 25, 2007
IPO Closing DateJun 29, 2007
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹17 to ₹20 per equity share
Market Lot300 Shares
Min Order Quantity300 Shares
Listing AtBSE
Issue Size34,000,000 Eq Shares of ₹10
(aggregating up to ₹68.00 Cr)

Suryachakra IPO Lot Size

The Suryachakra IPO market lot size is 300 shares. A retail-individual investor can apply for up to 33 lots (9900 shares or ₹198,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum1300₹6,000
Maximum339900₹198,000

Suryachakra IPO Subscription Status (Bidding Detail)

The Suryachakra IPO is subscribed 2.18x times on Jun 29, 2007 17:00. The public issue subscribed 3.02x in the retail category, 1.88x in the QIB category, and 1.33x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
Total

2.18x

Suryachakra IPO Prospectus

Suryachakra IPO Rating

163
3.8
Rating:Rated 3.8 stars

Vote Here ...

Suryachakra IPO Listing Date

Listing DateMonday, July 23, 2007
BSE Script Code532874
NSE SymbolSURYACHAKRA
Listing InB1
ISININE274I01016
IPO Price₹20 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹20.00
₹30.00
₹21.00
₹30.00
₹22.35
61,015,106

Suryachakra IPO Reviews / Ratings

  • S P Tulsian - Avoid
  • Business Line - Avoid

Company Contact Information

Suryachakra Power Corporation Ltd
Suryachakra Power Corporation Ltd,
8 2 293/82, Plot No: 1115,
Road No. 54, Jubilee Hills, Hyderabad 500 033

Phone: +91 40 2355 0597
Email: ipo@suryachakra.com
Website: http://www.suryachakra.in

Suryachakra IPO Registrar

KFintech Private Limited
   Selenium Building, Tower-B, Plot No 31 & 32,
   Financial District,Nanakramguda, Serilingampally,
   Rangareddi, Telangana India - 500 032.

Phone: 1-800-3454001
Email: mailmanager@karvy.com
Website: https://karisma.kfintech.com/

Suryachakra IPO FAQs

  1. What is Suryachakra IPO?

    Suryachakra IPO is a main-board IPO of 34,000,000 equity shares of the face value of ₹10 aggregating up to ₹68.00 Crores. The issue is priced at ₹17 to ₹20 per equity share. The minimum order quantity is 300 Shares.

    The IPO opens on Jun 25, 2007, and closes on Jun 29, 2007.

    KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE.

  2. When Suryachakra IPO will open?

    The Suryachakra IPO opens on Jun 25, 2007 and closes on Jun 29, 2007.

  3. What is the lot size of Suryachakra IPO?

    Suryachakra IPO lot size is 300 Shares and the minimum order quantity is 300 Shares.

  4. How to apply for Suryachakra IPO?

    You can apply in Suryachakra 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.

  5. When Suryachakra IPO allotment?

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

  6. When is Suryachakra IPO listing date?

    The Suryachakra IPO listing date is on Monday, July 23, 2007.

Suryachakra IPO Message Board

Ranked Members  Ranked Members

Loading...
148. divyesh |Sep 11, 2007 23:23
hello,
still i not get my refund...
they said that they credited through esl but in my corporation bank account payment is not credited..
i applied to rajkot karvi branch..
but still they not give any response?
so what should i do?
plz tell me...
147. vamsea |Aug 27, 2007 15:00
Suryachakra Power Corporation Limited (SPCL) is planning to raise further capital through Foreign Currency Convertible Bonds - FCCB. I recommend to accumulate this scrip for 2-3 months holding.

will definitely give very good returns.
146. rahul |Aug 8, 2007 21:34
SuryaChakra has not declared the results for the period ending JUNE 07, its seems promoters wants to make up all the money from the market by declaring the JHAKKAS results after acquiring the shares at low prices due to market fall,
145. ubb |Aug 3, 2007 14:07
sell now and buy at Rs.18/-,this is sure that this stock will touch the level of Rs.17/- very soon.
144. vamsea |Jul 30, 2007 11:38
Few days back, one of the leading FIIs- DSP Merryl Lynch has bought more than 5% in the company. FIIs wont invest unless they are convinced of value in the stock.

Also I heard Anil Ambani's- Reliance energy got 5% stake in this company


so hold on and add more at the current level. You will get at least 50% return in one year.
143. divyesh |Jul 25, 2007 14:57
i stil not get my refund?what i do for get it?
142. vamsea |Jul 25, 2007 14:20
SPCL stock has performed good so far. No doubt its good
one to invest and it might reach 50 Rs
by the end of this yr.
141. tanushri |Jul 24, 2007 21:03
Think twice before investing this kind of stocks.
140. PATEL |Jul 23, 2007 23:20
Raghuji,
i hope you read this and also see the listing price Rs. 30 is already above 27 predicted by me. now you get price Rs. 50 in a year time. and i recall the message again
139. kishgoldsmith |Jul 23, 2007 22:01
can anyone tell me the everonn listing date? thankyou.
138. Siva |Jul 23, 2007 14:28
Hi Pankaj,

It is listed in BSE.

Siva
137. PANKAJ DHIR |Jul 23, 2007 11:43
shares not being quoted on bse/ nse...what are redistrars doing?pls urgently look into and have it solved pls asew unable to buy/sell suryachakra shares?
136. Ishwar |Jul 22, 2007 18:10
Suryachakra enters power supply deal with Tata for next five years...sell 50% 2moro and hold remaining for atlist 2 quaters

http://sify.com/finance/fullstory.php?id=14496679
135. pardeepchhabra |Jul 22, 2007 15:18
surya chakra may take ovr by reliance energy nothing enerzy stock available in market below 50.....
134. tanushri |Jul 22, 2007 11:42
Sell on listing
133. PANKAJ DHIR |Jul 22, 2007 11:25
against my application no 04115461 for 600 shares got alloted 300 shares & also balance refund recd...however 300 shares not credited to my demat account # 1202990003317070 of indiabulls and opening is on monday-23.7...can registrar intervene and advise?pls note indiabulls generally deals with nse only...
thanks in advance.......
132. aman |Jul 21, 2007 19:18
it will list at 28+
131. vamsea |Jul 21, 2007 16:48
Some relavant news from money control

Suryachakra Power Corporation will list on the BSE with 7,66,32,960 shares on July 23, 2007.

R S Iyer of KR Choksey Securities in talks with Moneycontrol.com says, "Suryachakra Power is expected to list at Rs 23-24 levels."

He advised investors to book profits once the stock reach at those levels.

In the grey market, the premium on the stock is at around Rs 2-3.

The company had come out with an initial public offering, IPO of 340 lakh shares at a price band of Rs 17 and Rs 20 per equity share through 100% book building process. The issue was subscribed 2.18 times.

The proceeds from the issue will be used for setting-up 2 bio-mass power plant for its Subsidary (Parbhani), to meet working capital requirement for power Trading and additional working Capital for its operations and some for its general corporate purposes.

SREI Capital markets is the book running lead manager and Karvy Computershare Private Ltd is the registrar for the issue.
130. vamsea |Jul 21, 2007 16:44
Post some relevant and legitimate news. why do people misguide others..

Points to be considered:

SPCL has got decent response from retail investors as its 3 times over subscribed.

More over Reliance energy is behind this company and few stakes in it. I dont think RELIANCE people are that foolish to support a sinking ship...

WAKE UP GUYS.. DONT JUST SPIT
VENOM for nothing .. PLEASE DONT MISLEAD people
129. pankaj dhir |Jul 21, 2007 12:29
against my application no 04115461 for 600 shares got alloted 300 shares & also balance refund recd...however 300 shares not credited to my demat account and opening is on monday-23.7...can company secretary accountable intervene and advise?
thanks in advance.......







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