Tag: indian equity
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Indian Telecom at Cross-Roads
Feb 03, 2012 – The SC judgement striking down 122 telecom licenses from 2008 is a sharp indictment on governance in Indian Telecom. First Come First Served is a poor way to award licenses. The maximum damage may be to the new Telecom operators, and to business confidence of foreign investors. The justice process has just started with…
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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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This is a good time to add Small Caps
This may be a very good time to add Small Cap stocks to your portfolio. Let me substantiate the logic and reasoning for this. If we list out equity-oriented investments in order of Safer to Riskier (and generally Lower to Higher return), they are: Sensex/ Nifty / ETFs /Large cap Mutual Funds Mid Cap and…
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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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SCI FPO analysis – closing 3rd Dec
Key points Business aspects SCI commands 35% of the Indian flagged tonnage, which again is about 10-11% of India’s ports based import export. Foreign carriers dominate, but this may change soon. Exports and imports are growing by 21.4 per cent and 23.2 per cent this year, which are largely executed through shipping. This indicates a…
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