As per the latest notice by Jaicorp, the company is about to do preferential allotment of 59,10,610 shares at a price of 1035/- (same as the last block deal) to the following investors on 17th Nov 07-
1 Eton Park Fund LP-734660 shares
2 Eton Park Master Fund Ltd.-1364370 shares
3 BRLP Mauritius Holdings II- 1144930 shares
4 BROMLP Mauritius Holdings II-763280 shares
5 Tiger Global LP-599320 shares
6 Tiger Global Ltd.-346280 shares
7 Tiger Global IIL- 20580 shares
8 Indusino Mauritius ltd- 289850 shares
9 Indea Absolute Return Fund-260870 shares
10 State Bank of India- 386470 shares
The above shares will be in lock in for a period of One year.
Beside this the board has also passed a special resolution for preferential allotment of 1.5cr shares to the promotors at the rate of Rs.1000/- per share.
HOLD TIGHT, May not be available at these levels again.
My view. Do your own Research.
ValuePlayer