Adlabs IPO – Last Day Update

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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.

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