Category: IPO/FPO ANALYSIS
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L&T Finance Holdings – IPO – Invest
Price band 51-59 ; Issue period Retail – July 27 – 29, 2011. (For a detailed note on L&T Finance Holdings IPO with analysis, business charts and IPO risks, subscribe for free to this blog, on the right panel) Update on July 28th On the second last day, the IPO has already been subscribed 1.21…
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Sparkling Power Finance Corp FPO – May 10-13
Update on late May 12th! PFC FPO got over subscribed 3.6 times on Thursday. While the FII portion was subscribed a healthy 6.9 times, the HNI (0.01 times) and Retail (0.34 times) subscribers are waiting for the last day. This indicates a likely surge tomorrow in the latter two categories. The maximum subscription amount for…
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Future Ventures IPO note – April 2011
Update on April 29th Future Ventures has got a dull response till today. The overall subscription is 1.52 times the offer. QIB section is oversubscribed 0.26 times, HNI is (strangely) 7.8 times and Retail 0.6 times. Poor response may be not just because of poor reviews (see my IPO note below) but also concurrent investments…
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Muthoot Finance Limited – IPO (18-21st April 2011)
Update on April 20th Muthoot Finance got over subscribed 7.09 times till today. The IPO closed today for QIB bidders and tomorrow for retail and HNI. Of the categories, the QIB portion was subscribed 25 times; HNI 0.98 times and Retail 1.34 times This indicates a likely surge tomorrow in the latter two categories. The Maximum…
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P&S Bank IPO – Post review on 20th Dec
Punjab & Sind Bank IPO closed on Dec 16th with amazing strength – overall over-subscription 51 times with QIB 50 times, HNI 86 times and Retail 44 times !! It exceeded all my expectations – looks like everyone has bet on the winning horse :-) It will be a bit of a lottery if you…
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IPO round up – 15th Dec
Punjab and Sind Bank IPO – Last day The subscription for P&S Bank on 15th was QIB 50 times, HNI 23 times and Retail 8.4 times – huge over subscription !! Retail can easily go up tomorrow to 25-30 times – sounds like a repeat of MOIL in terms of over subscription The offer is…
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Punjab and Sind Bank IPO – closes Dec16 for Retail
Investment Note Description Punjab & Sind Bank has a good network – 926 branches in North/ Central India The IPO pricing of Rs 113-120 per share will help firm raise Rs 452-480 crores The primary purpose is to fund growth plans and shore up capital adequacy Government shareholding will fall to 82% post IPO Positives…
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