Tag: fpo
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The Coal India OFS mega share sale
Dear Investors, Business Standard has an excellent article on the Coal India OFS – Offer for Sale. This OFS is for one day only, tomorrow, Friday 30th Jan I have not researched this investment idea yet, but its a very big offering, and has moved very quickly from plan to execution. But investors need to…
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Power Grid FPO 2013 – Apply
___________________________________________________________ FPO Update 11th Dec The FPO closed finally with 6.74 times subscription. Of this, Retail was 2.17 X, QIB 9.09 X and HNI 9.7 X. So Retail applicants should get 40-60% of their applied shares. The pricing declared in this FPO was Rs 90, at the upper end of the range. Thus the FPO has been a…
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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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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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SCI FPO analysis – closing review on 6th Dec
The FPO price fixed today is Rs 140 – high end of range The Retail and HNI subscriptions piled up on the last day of FPO and surprised on the upside. Retail is 6.5 times over and HNI 3.7 Seeing the numbers retail investor can at max expect around 240 shares worth Rs. 31-33,000. Quite…
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Power Grid FPO – Nov 2010
While all analysts and reporters are talking endlessly about Power Grid FPO in the shadow of the Coal India IPO, see link, http://economictimes.indiatimes.com/quickiearticleshow/6893599.cms I wonder if anyone has given thought to the risks around this offer : · High Debt – at around 37k crores (March 2010), debt is high. The D/E ratio is 2.18.…
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