Somi Conveyor Beltings is into manufacturing of conveyor belts. The company's unit is located in Jodhpur, Rajasthan. Its commercial production of conveyor belts is around 1,67,660 metres per annum.
KSK Energy Ventures launches its initial public offering to the market on June 23. Having already raised Rs 415 crore from various foreign banks Macquarie, GE International and Axis Bank.
Aspiration to have a home is becoming a top priority among young salaried people. Higher disposable income, easy availability of loans, and spurt in real estate prices has generated interest.
The Tamil Nadu-based Lotus Eye Care Hospital is a state-of-the-art eye care hospital group specialising in super-specialty services related to eye care.
Aishwarya Telecom is a Hyderabad-based small company, which provides tests and measurement equipment used in the telecom industry. In addition, it also supplies equipment to the defence sector, railways, and cable TV operators.
Kiri Dyes and Chemicals is engaged into the business of manufacturing of reactive dyes such as Synthetic Organic Dyes used in cotton fabrics like garments, dress materials, bed-sheets, and carpets.
The phenomenal success of the Indian Railways in the recent year seems to have had a chain reaction on all companies dependent on the public sector unit.
Wockhardt Hospitals is a leading private healthcare services provider in India with core focus on cardiology and cardiac surgery, orthopedics, neurology and neurosurgery, urology and nephrology and critical care, and specialisation in minimally invasive surgery.
Manjushree Extrusions is into manufacturing of specialty plastic packaging products, mainly containers and jars for multinational companies in FMCG, pharmaceuticals, food processing, and agrochemical sectors.
Tulsi Extrusions is a PVC pipe manufacturing company, having its presence in Gujarat, Orissa, Assam, West Bengal, Delhi, and Maharashtra. The company is engaged in manufacturing PVC pipes, PVC fabricated fittings, SWR pipes and fittings, PVC casing and Screen pipes, ASTM plumbing pipes, LLDPE pipes, and HDPE pipes.
SVEC Construction, a south-based company, is engaged in civil, electrical, and mechanical works, particularly focussed on irrigation and building on contract basis. The irrigation work also includes cement concrete lining and earthwork excavation.
One of the biggies to hit the IPO market, Emaar MGF Land Limited promoters will be watching the issue carefully. They have already reduced the offer price in the wake of weak investor sentiment and this does not really ring well.
IRB Infrastructure Developers, a Mumbai-based infrastructure development company specialises in building roads and highways. It is the largest toll road operating company in India.
The IPO proceeds will be utilised for investment in build operate transfer projects estimated at Rs 78.35 crore, purchase of capital equipment amounting to Rs 21.49 crore and, meet working capital requirements to the tune of Rs 25.21 crore.
Bang Overseas is into the textile business. It manufactures fashion, fabrics, and ready-to-wear men's garments. Its products' conceptualisation, designs are outsourced from countries like Turkey, Portugal, Mauritius, and other European countries.
The company caters not only to telecommunications companies like Vodafone Essar, Bharti Airtel, BSNL, Reliance Communications, Tata Teleservices, and Idea Cellular but also to media and marketing companies like AOL, Star India, and handset manufacturer Nokia Pte.
Large and continuous flow of orders from the government for building roads, flyovers and bridges has helped re-rate valuations of infrastructure companies.
An increase in the income and the number of hypermarket and big malls in cities and towns has given rise to higher consumption. This has led to an increase in consumer financing via credit cards and loans.