An IPO Update, Jan 2016

Dear Readers,

The IPOs are happening fast and furious, and in this note we recap recent events and try to look ahead too:

Alkem Laboratories IPO

  • Our investment report is available on link  Alkem Labs IPO Note
  • We had recommended a BUY on Alkem
  • The IPO was open from 8-10th Dec 2015 and Issue Price band was Rs.1020-1050 per share
  • The category wise subscription was:

Alkem IPO

  • The issue price was Rs 1050 and the shares got listed on Dec 23, 2015.
  • As of today the share price is trading at Rs 1552.2 and is up by 47.8%.

DR LAL PATHLABS IPO 

  • Our report link is Dr Lal Pathlabs IPO Note 
  • We had recommended a BUY on Dr Lal Pathlabs.
  • IPO was open from 8-10th Dec 2015, and the Issue Price band was Rs.540-550 per share. There was a retail discount of Rs 15/share on this issue.
  • The category wise subscription was:

DrLal IPO

  • The issue price was Rs 550 and the shares got listed on Dec 23, 2015.
  • As of today the share price is trading at Rs 811.8 and is up by 51.75% in absolute terms.

NARAYANA HRUDAYALAYA IPO

  • Our report link is Narayana IPO Note 
  • IPO was open from 17-21st Dec 2015 and the Issue Price band was Rs.245-250 per share.
  • Worried about valuations, we had recommended an Avoid on this offer.
  • The category wise subscription was as follows:

Narayana IPO

  • The issue price is Rs 250 and the shares are expected to be listed on Jan 6th, 2016 (tomorrow).
  • There is a grey market premium for the share of Rs 30. (Source: Economic Times).

Lets see how this listing turns out.

Happy investing,

Punit Jain

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Alkem Labs IPO

Dear Reader,

The IPO season in India continues with another bunch of offerings planned in December 2015.
We have created a new IPO report on Alkem Labs.
It is the first large pharma company IPO in over 10 years.
Its got a lot going for it. At the same time, the criticism can be on the grounds of high valuations, litigation, low exports proportions, etc.

We’ve had good success with our IPO reports, and at one time provided readers 60.5% returns within one year on our recommended IPOs.

Starting this IPO, we will restrict some of our IPO reports to our Subscribers for the Investments Service. However we share with you the IPO highlights:

IPO highlights

alkem labs, jainmatrix investments

  • IPO is open from 8-10th Dec 2015 with Issue Price band: Rs.1020 -1050 per share
  • Shares offered in IPO are 1.29 crores of Face Value: Rs.2 per share
  • Minimum lot size: 14 shares and multiples of 14 thereof.
  • Shares offered as portion of equity post issue: 10.75% approx.
  • Amount proposed to be raised: Rs.1350 crores via OFS route.
  • There is no fresh issue. The promoter stake would reduce from the existing 70.9% to 66.2% post IPO.
  • Objects of the issue: Promoters, promoter group and investors are exiting partially from their investments. No funds raised in IPO will benefit the company directly.

Good luck and happy investing,

Punit Jain

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Disclaimer

This document has been prepared by JainMatrix Investments Bangalore (JM), and is meant for use by the recipient only as information and is not for circulation. This document is not to be reported or copied or made available to others without prior permission of JM. It should not be considered or taken as an offer to sell or a solicitation to buy or sell any security. The information contained in this report has been obtained from sources that are considered to be reliable. However, JM has not independently verified the accuracy or completeness of the same. JM has no known financial interests in Alkem Laboratories or any related firm. Neither JM nor any of its affiliates, its directors or its employees accepts any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well. The suitability or otherwise of any investments will depend upon the recipient’s particular circumstances and, in case of doubt, advice should be sought from an independent expert/advisor. Punit Jain has applied for certification under SEBI (Research Analysts) Regulations, 2014. Any questions should be directed to the director of JainMatrix Investments at punit.jain@jainmatrix.com