Investors to the initial public offering have been given an exit option up to December 4, as directed by SEBI since the notice disputing the company’s land reserves has been issued after the date of red herring prospectus. Kolte-Patil has issued an addendum to the RHP this week, disclosing the details of this litigation. The company has also stated that the price band of Rs 125-145 is not primarily based on this project.

Effect on valuation and other details available at http://www.thehindubusinessline.com/2007/11/28/stories/2007112852011700.htm

Incorporated in 2000, eClerx Services Limited is one of the leading company according to Business Today magazine in the last three years amongst a list that included some of the largest Indian companies. eClerx Services Limited provides data analytics and customized process solutions to global enterprise clients. eClerx services includes operations management, data audits, metrics management, data analytics and reporting services.

Objects of the Issue:

# The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for Long term working capital requirements.

# Expand production capacity by establishing additional facilities.

# Infrastructure investments.

# General corporate purpose

BGR Energy System (India) Ltd is entering the capital markets with an initial public offering, IPO of 13,456,000 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.

Incorporated in 1985, BGR Energy System (India) Ltd is an India based company involve in manufacturing and selling a range of equipment, systems and services to the power and process industries.

The price band for the issue has been fixed at Rs. 425/- at lower level and Rs. 480/- at upper level for equity share of Rs. 10/-. The issue opens on Dec 05, 2007, and closes for subscription on Dec 12, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Objects of the Issue:

1. The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for Long term working capital requirements;

2. Expand production capacity by establishing additional manufacturing facilities in India, China and the Middle East.

Public Issue Open	Dec 05 to Dec 12, 2007	Public Issue Type	100% Book Built Issue)
Public Issue Size	13,456,000 Equity Shares of Rs. 10/-	Public Issue Price	Rs. 425/- to Rs. 480/- Per Equity Share
Listing At	BSE, NSE
Lead Manager(s)	SBI Capital Markets, Kotak Mahindra Capital, UBS Securities India and CLSA India	Registrar	Intime Spectrum Registry Ltd

Based on not good existing performance, low EPS of Re 1, long debtor cycle and struggling to survive, the experts are saying this issue can be given a skip.

Despite lacklustre performance till yesterday, JYOTHY LABORATORIES LIMITED IPO ended up with 45.83 times subscription with retail segment getting subscribed 14.67 times. That means that the retail investors who have applied for maximum possible 140 shares may get a firm allotment of 10 shares.