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Date: 12th March 2015
Today is the closing of this IPO. Readers may have see my IPO analysis report published on 10th March.
Adlabs Entertainment IPO – Premature Offering, Avoid
The Update on this IPO is:
- Subscription so far has been poor – at 18% of the entire IPO offering, reported at 5 pm on 11th yesterday, it has not really gathered steam so far.
- Typically IPOs see maximum collections on the last day as people rush to meet the deadline.
- Its interesting that the analyst community is sharply divided in their opinion of this IPO. Here’s a quick compilation of opinions, drawn from recent reports.
| Analyst / Subscribe? | Yes | No | Qualifier/ Source |
| JainMatrix Investments | Avoid | ||
| GEPL Capital | Subscribe | MoneyControl report | |
| SPA Research | Subscribe | MoneyControl report | |
| Hem Securities | Avoid | MoneyControl report | |
| Anand Rathi | Subscribe | TOI report | |
| Angel Broking | Avoid | TOI report | |
| Emkay Global | Subscribe | TOI report | |
| ICICI Direct | Subscribe | TOI report | |
| Sharekhan | Subscribe | Long Term Investors/ TOI report | |
| Mint Money | Avoid | LiveMint report | |
| Capital Mind | Avoid | Own website | |
| Hindu BusinessLine | Avoid | Own website | |
| VS Fernando | Subscribe | Only for long term/ MoneyControl report |
- Analysts seem to be quite divided in their opinions.
- My own thought is that this much negativity is rare among analysts.
- Having said that, lets see how it performs.
Happy investing.
The analysis of the IPO, was in great detail, thanks for the same.
Regards, Sunita L