IPO
August 20, 2010
Midfield Industries was another overpriced small cap IPO in the Indian market which listed on 4th August.This stock not so strangely has almost doubled in price […]
August 5, 2010
It is a microcap stock with only $12 million being sold to the public making it easily susceptible to manipulation because of its small float size.Its fundamentals could not in any way justify Rs 199 as even at Rs 118 it looked twice overvalued to me.But the stock kept climbing without any news probably sucking in naive investors out to gamble on the "greater fool" theory until the greatest fools were left holding out the can
August 3, 2010
The Indian Market has seen a slew of junk Initial Public Offerings (IPOs) which have led to large losses for investors.The fundamentals of these companies are […]
August 2, 2010
The FMCG industry in India is currently trading mostly in the 25-35x range so the company is pricing itself at 25x which makes sense considering that it is a small company with just 1 product.The success of its new products is still open to question and most of the money will be spent of promoting these products.At 25x,the company is not leaving much on the table for investors considering that its new product ventures are risky considering the strong competition in the Indian FMCG market.Though the stock is much better than the junk being offering in the Indian market,I would still give this IPO a miss as their are better options available in the Indian FMCG sector
July 28, 2010
India’s primary market for stock issues has seen a lot of junk offerings in the recent past.They have led to big losses for investors naive enough […]
July 28, 2010
Engineers India Follow on Offering (FPO) is a sequel to the government PSU divestment through stake sales in companies with low public float.EIL FPO is going […]
July 17, 2010
Indian Real Estate Sector yet to Recover from the Lehman Crisis The Indian Real Estate Sector is one of the most interesting sectors in India with […]
July 17, 2010
Indian market has seen a raft of junk offerings in the IPO market over the last few months.Many of these issues have failed to get subscribed […]
June 23, 2010
India has seen numerous junk initial public offerings (IPOs) in the last few months which have either led to serious losses for the investors or have […]
June 11, 2010
Standard Chartered IDR closed below its listing price of Rs 104 in the Indian Market.A Review of Standard Chartered IDR had revealed severe disadvantages for retail […]
June 9, 2010
Fatpipe Networks IPO failed to get full subscription within the prescribed 3 days with the issue getting subscribed by only 70% .Fatpipe Networks Review had revealed […]
June 3, 2010
Fatpipe Networks a Chennai based company is planning to come up with ~$11 million IPO on the 7th of June,2010.The DRHP filed with SEBI reveals that […]
May 31, 2010
Life Insurance Corporation (LIC) has requested India’s stock market regulator SEBI for price secrecy during Initial Public Offerings (IPO) and Follow on Public Offerings (FPO)s. The […]
May 29, 2010
An In Depth Review of Standard Chartered IDR revealed that its was heavily disadvantageous for retail investors and that’s what the final subscriptions numbers of the […]
May 28, 2010
Standard Chartered Indian Depositary Receipt (IDR) remains 90% unsubscribed till the last day of the issue.In the first 3 days it has managed to get subscription […]
May 27, 2010
I had earlier written about Seven Reasons for Not Subscribing to the Standard Chartered IDR based on a high level analysis.Going through the massive 811 page […]
May 27, 2010
Emaar MGF has been trying to do an IPO for the last 3 years without success.Recent news suggest that is has reduced its planned offering by […]
May 26, 2010
Indian Government prepares $8.5 Billion Divestment even as Investors face losses from past Offerings
The Indian government is fast tracking the process of choosing Investment Bankers for its proposed Rs 40,000 crore($8.5 Billion) divestment of state owned companies in the […]
May 22, 2010
Jaypee Infratech which is one of the low quality offerings (IPOs) to list in the Indian market fell 10% on the very day of the listing.This […]
May 21, 2010
Most of the low quality IPOs that have listed in the Indian market recently, have fallen on the day of the listing itself.Jaypee Infratech which is […]
May 21, 2010
India has seen a raft of low quality offerings in the the recent months. However investors should not lose all hope as there has been some […]
May 20, 2010
SJVN was one decent quality company to offer shares amongst the sea of junk initial public offerings.The government which had faced tepid response to the IPO […]
May 18, 2010
The Indian market has seen a wave of low quality offerings in the recent days propelled by the bullish conditions prevailing in the market.Tarapur Transfromers is […]
May 13, 2010
I have been writing about the rash of low quality offerings in the Indian market.Many of these companies are trading below their list prices because investors […]
May 11, 2010
I have been wondering whether the rash of low quality IPOs in the Indian markets is the sign of a market top. There have been numerous […]
May 10, 2010
I have been writing that the slew of low quality offerings in the Indian market may herald a market high.But this might not be the case […]
May 6, 2010
The Indian stock market has been hit with low quality offerings over the recent past with improvement in the general market conditions.I was wondering whether the […]
May 5, 2010
The Junk Indian IPO market is not having too much success.Most of the low quality IPOs are managing to scrape through at just over one time […]
May 1, 2010
Here is an analysis on how small IPOs over the past few years are trading way off their highs . Small IPOs trade way below their […]