Market conditions not good for IPO’s

        Not only US but world is in financial crisis. We are seeing job cuts all over and all the governments are feeling the pressure to support the financial institutions of the respective countries. People are fearing stock investments and hence this is a bad time for new IPO’s where the public is itself worried [...]

Software firm-Persistant Systems going for an IPO

IT companies are doing bad…oops..thats not true! A better sentence would have been IT stock prices have come down drastically. The rise of rupee was reason for that and now this is an old news. Currently the exchange rate of dollar/rupee is around rupees 42, increased from 39 - which is actually good for IT [...]

Emaar MGF and Wockhardt withdraw their IPO’s worth $205 Billion!

               Yesterday Wockhardt Hospitals and today Emmar MGF withdrew their respective IPO’s (Initial Public Offering) from market on account of very poor response from the bidders. Both these IPO’s taken together were supposed to generate about Rs: 8000 crore that is about US $205 billion from market, but due to very poor response from the [...]

Sell Reliance Power shares!!

Reliance Power will be listed soon and the share allotment has been done. I think everyone who have got the shares should sell all for the listing gains. The Grey Market Premium has drastically fell to mere 140, as compared to above 400 when the company was open for bidding. Many people may have now [...]

Reliance Power IPO ends in style…did you make a mistake?

Well a great IPO has closed now. Reliance Power IPO over subscribed in few minutes right after it was open for bidding on the first day. IPO was over subscribed about 71 times over all. This IPO has made many more news, I am not gonna waste my space writing same things, please see following link [...]

Market significantly down, should you buy now?

            SENSEX is below 20,000 mark and NIFTY is under that magical 6000 mark, so is this a time to buy and invest more? or we should book our profits and lets wait for some time? I think its time to buy now. All the stocks are significantly down, todays fall will be welcomed by value [...]

Future Capital Holdings fixing its price band is all set to launch its IPO on 11th Jan

          Future Capital Holdings (FCH) is the financial services company of the Future Group led by Mr.Kishor Biyani. On Friday it said that its comming up with its IPO isuue of 64.288 lakh equity shares with a face value of Rs:10 each through a 100% book building process within a price band of Rs:700 to Rs:765. The [...]

Intex’s IPO may come soon.

Intex is a computer hardware material company. Intex today said it may raise funds from capital market or try to raise money from private equity investment. Intex Executive Vice Chairman Ramesh Vaswani said that they may raise money either by Initial Public Offering or through private equity.
Intex is diversifying its business. Some months back it [...]

Reliance Power IPO - Part 1

          Reliance Power, a 51% subsidary of Reliance Energy (REL), is offering its IPO which is expected to raise about $3 billion. If this happens, this will be the country’s largest IPO ever.  Till now DLF IPO has raised highest, about Rs: 9,187 crore followed by Reliance Petroleum collecting Rs: 8,100 crore. Here are some details about [...]