Resurgere Mines & Minerals India Limited (Formerly Exfin Shipping (India) Ltd.)

Period 

11-Aug to 13-Aug 2008

Size (Equity Shares)

5000000

Type 

100% Book Built Issue (Initial Public Offer IPO)

Face Value 

Rs. 10- 

Price Range 

Rs 263 to Rs 272

Market Lot 

Max shares Retails investor can apply at cut off

Registrar 

Intime Spectrum Registry Ltd

Registrar’s email 

rmmil.ipo@intimespectrum.com)

Lead Manager 

Motilal Oswal Investments Advisors Pvt Ltd

Listing 

BSE, NSE

Grading 

About the company 

Incorporated: 1987 Business: Extraction and processing of iron ore products ie lump ore and size ore, and is predominantly a manufacturer of calibrated lump ore (CLO) and Iron Ore Fines. The company is also engaged into merchant export of iron ore fines to China.

Resurgere Mines & Minerals India Ltd is ISO 9001:2000 and ISO 14001:2004 Certified from UKAS, United Kingdom. Company is a recognised Star Trading House of India and is also member of various business councils i.e. CAPEXIL, FIEO, FIMI etc. Company currently operates in Nuagaon, Kendujhargarh district and Maharajpur, Mayurbhanj district of Orissa and company purport to commence operations in Singhbhum district of Jharkhand in the near future. Resurgere Mines & Minerals India Ltd have entered in to longterm contracts for these mines, at Nuagoan and at Maharajpur, with the leaseholders for raising and purchasing of iron ore. Company have also entered into similar arrangement with a leaseholder in a mining area in the West Singhbhum district of Jharkhand for the raising of iron ore and then supply of entire production of the mine. All the three mines carry high quality iron ore of about 62% - 64% Fe content.

They have made an application to the Collector of Sindhudurg district for the grant of an iron ore mining lease over an area of 108.77 hectares in village Banda, District Sindhudurg in Maharashtra. Company have also applied for two prospecting leases of iron ore in Banda region to the Collector of Sindhudurg district. They are also engaged in merchant export of iron ore fines to China. Resurgere Mines also propose to venture in bauxite mining and processing business in the near future and hold a mining lease over bauxite mines situated in Yelwan Jugai, Maharashtra through wholly owned subsidiary M/s. Warana Minerals Private Limited (WMPL). WMPL is a partner with 60% share in a registered partnership firm, Shri Warana Minerals which is engaged in the business of mining bauxite ore under the said 30 year mining lease.

The mining assets of Company, except Banda mine, have cumulative estimated reserve of 74.82 million tonnes of iron ore and 4.92 milllion tonnes of bauxite as certified by Central Mining Research Institute.

Objects of the Issue

# Purchase of Plant and Machinery for setting up of our own extraction and crushing facilities at the mines;

# Purchase of railway rakes to set up our own logistics infrastructure facilities;

# Margin money for working capital;

# General Corporate Purposes.

Austral Coke & Projects Limited

Period 

07-Aug to 13-Aug 2008

Size (Equity Shares)

7260000

Type 

100% Book Built Issue (Initial Public Offer IPO)

Face Value 

Rs. 10- 

Price Range 

Rs 164 to Rs 196

Market Lot 

34

Max shares Retails investor can apply at cut off

510

Registrar 

Intime Spectrum Registry Ltd

Registrar’s email 

austral.ipo@intimespectrum.com)

Lead Manager 

Allbank Finance Ltd, Saffron capital, PL Capital, Elara Capital Ltd

Listing 

BSE, NSE

Grading 

About the company 

Incorporated: 1994 Business: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.

Objects of the Issue

# Setting up of 1,50,000 MTPA of LAM Coke plant;

# Captive Power plant of 8 MW;

# Acquire prospecting Mining Licenses in India / internationally;

# Prepayment of High cost debt;

# General Corporate Purposes;

# Expenses related to Fresh Issue.

Birla Cotsyn (India) Ltd

Listing Date

30-Jul-2008

BSE Scrip Code

533006

NSE Symbol

BIRLACOT

Listing in

‘B’ Group of Securities

ISIN

INE655101016

Issue price

14

Face Value

10

Somi Conveyor Beltings Ltd

Listing Date

24-Jul-2008

BSE Scrip Code

533001

NSE Symbol

Listing in

‘B’ Group of Securities

ISIN

INE323J01019

Issue price

35

Face Value

10

Nu Tek India Limited

Period 

29-Jul to 01-Aug 2008

Size (Equity Shares)

4500000

Type 

100% Book Built Issue (Initial Public Offer IPO)

Face Value 

Rs. 10- 

Price Range 

Rs 170 to Rs 192

Market Lot 

Max shares Retails investor can apply at cut off

Registrar 

Aarthi Consultants Pvt Ltd

Registrar’s email 

info@aarthiconsultants.com)

Lead Manager 

Spa Merchant Bankers Ltd, India Infoline Ltd

Listing 

BSE, NSE

Grading 

About the company 

Incorporated: 1993 Business: Telecom infrastructure service provider, offering Infrastructure rollout solutions for both mobile and fixed telecommunication networks.

Undertake turnkey projects, provide management expertise to their clients for infrastructure creation and installation for telecom sites which includes Passive Infrastructure like Towers, Telecom Shelters, Backup Power - DG sets and Battery Banks, Electrical Infrastructure and Earthing Stations etc. and active infrastructure like Base Transceiver Station (BTS), microwave, optic fibre, Base Station Controller (BSC), Mobile Switching Centres (MSC), IN (Intelligent networks), VAS (Value added services) equipments, transmission equipment such as STM’s and Microwaves to the most advanced World Interoperability for Microwave Access (WIMAX) equipment and future ready 3G Nodes. Company also provide technical support services in the High End Telecom segments such as Radio Frequency and Transmission Planning, Network Tuning & Optimization and Quality of Service (QoS) to their clients.

Client: Telecommunication Equipment Manufacturers, Telecom operators, Third party infrastructure leasing companies in installing and maintaining Telecom Network Equipment & Infrastructure. Nokia Siemens Networks Pvt Ltd, Ericsson India Pvt Ltd, Motorola India Pvt Ltd, Nortel Networks India Pvt Ltd

Telceom Operators: Tata Teleservices Ltd, Reliance Communications Ltd, Bharti Airtel Ltd, Idea Cellular Ltd, Vodafone Essar Ltd(Hutch), Videsh Sanchar Nigam Ltd

Third party infrastructure leasing companies: Quipo Telecom Infrastructure Ltd, Essar TTIL Ltd, Xcel Telecom Ltd, IMI Ltd

Objects of the Issue

# Capital Expenditure;

# Overseas Acquisitions;

# Augmenting Long Term Working Capital requirement;

# General Corporate Purposes;

# Expenses related to Fresh Issue.