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| Rashtriya Ispat Nigam files IPO papers with SEBI |
 State-owned Rashtriya Ispat Nigam may be the first initial public offer (IPO) that would be launched by the government in financial year 2012-13. The company has filed draft red herring prospectus (DRHP) with SEBI for its IPO of 48.898 crore equity shares (a dilution of 10% stake by the government) on May 18. |
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| Speciality Restaurants IPO subscribed 2.5 times |
 Fine dining operator Speciality Restaurants' initial public offer has been subscribed 2.49 times so far on final day, as per data available on NSE website. Maximum bids for the issue were seen in the range of Rs 146-150 a share as against price band of Rs 146-155. |
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| Plastene India withdraws IPO due to poor response |
 Plastene India, a manufacturer of jumbo bags and BoPP woven sacks, has withdrawn its Rs 75-crore initial public offer on Tuesday due to poor response from investors. This is the third IPO in 2012 that failed to attract investors due to weak market conditions. |
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| Speciality Restaurants IPO opens for subscription |
 Speciality Restaurants, which runs popular food chains such as Mainland China, Oh! Calcutta and Sigree, launched its initial public offer of 117.4 lakh shares today. It plans to raise Rs 171.4 crore at lower end of price band of Rs 146-155 a share and Rs 181.96 crore at higher band. |
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| Avoid Plastene India due to volatile business: KM Global |
 KM Global Finserv has come out with its report on Plastene India Limited's IPO issue. According the the research firm, investors should avoid subscribing to this issue as the underlying business of the company is volatile and the stock has been valued above its listed peers. |
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KRChoksey has come out with its report on Speciality Restaurants' IPO issue. The research firm recommends to avoid the issue.
Aditya Birla Money has come out with its report on Speciality Restaurants (SRL)'s IPO issue. The research firm recommends only long term investors to subscribe to the issue.
KM Global Finserv has come out with its report on Speciality Restaurants' IPO issue. The research firm recommends investors to avoid subscribing to the issue of the company as the issue price is too high.
The managing director of Specialty Restaurants Anjan Chatterjee tells CNBC-TV18 that they expect their IPO to suceed despite the poor market conditions.
Speciality Restaurants has agreed to sell shares worth Rs 26.41 crore to five anchor investors, it said in a regulatory filing on Tuesday, ahead of its USD 34 million initial public offering.
Mumbai-based Monarch Health Services Ltd (MHSL) proposes to offer public 15 lakh equity shares of Rs 10 each at a fixed price of Rs 40 a piece aggregating to Rs 6 crore.