What is the Basis of Allotment for New IPOs – CARE Ratings, Bharti Infratel, etc for Retail Investors?

The Controversial Regulator of Indian Securities Market, SEBI on the 16th of August passed an order which will affect the Basis of Allotment in the Retail Individual Bidders Category. The SEBI Order said,

With a view to increase the reach of IPOs to investors Read more

Thejo Engineering – First SME IPO – Review and Recommendation

The Govt and SEBI has done only one commendable job in the last 3 years, making all necessary arrangements for SMEs in India to go Public in a separate SME Section opened by the National Stock Exchange of India.

Thejo Engineering was established as a partnership in 1974, Thejo’s mission was to provide maintenance of conveyor belt systems and since then has come a long way. Pioneers in the cold vulcanization technology, Thejo is one of the few companies in India with facilities for manufacturing, sales and servicing of specialised engineering products. Thejo today is India’s only comprehensive solution provider in the bulk material handling, conveyor systems, mineral processing and corrosion protection sectors.

Objects of the IPO
Thejo is currently unable to serve the requirement of many clients due to Read more

Bajaj Finserv – Rights Issue – Subscribe and Stay Invested

Bajaj Finserv is doing a rights issue priced at Rs650 /share which would translate into Rs9.4bn. The company would be issuing 1 share for every 10 shares. According to the management the proceeds would be utilized for Bajaj Finance’s capital requirements. The record date has been fixed to 8th September 2010.

Bajaj FinServ’s life insurance business has posted APE growth of 30% in 1Q vs the industry’s flat growth, mainly driven by distribution channels and an exceptional Read more

Samvardhan​a Motherson Finance Ltd – SMFL Review + Recommendations

Samvardhan​a Motherson Finance Ltd – SMFL is open for Subscription from Today until May-4th. WE are AVOIDING the IPO even though their is a Grey Market Price of Rs 2400 for a Rs 2 Lakh Application. Here are the various Views of Research Analysts who have studied the IPO.

At the lower end of the band, on a trailing basis, without considering the impact of the upcoming dilution, Read more

MCX India IPO – Revival of the Sluggish Primary Market ?

Multi Commodity Exchange (MCX), is the largest commodity exchange in India with 80% market share and 5th largest commodities exchange in the world is offering shares for sale by existing investors to comply with the regulatory requirements.

MCX Core Business – MCX offers trading in 49 commodity futures including bullion, ferrous and non-ferrous Read more

What is Cost of Raising Funds in India or Going IPO ?

One of our associates was doing a research on the cost of raising funds in India as an established Business [not startup ]. Here is how the Book Running Lead managers break up their schedule of charges for taking your company public from drafting, filing of REd Herring Prospectus to Listing with NSE / BSE.

Rs 10 Lakh on the date when you assign the contract to the Read more

Next Page »