ipo
SKS Microfinance IPO Analysis
Investors with a high risk appetite can consider subscribing to the Initial Public Offer (IPO) of SKS Microfinance, one of the largest microfinance NBFCs in India.
Presence in the under-penetrated micro-financing segment offers immense growth potential. The company has over 2,000 branches across 19 States, a more diversified presence than any other microfinance institution (MFI) in [...]
Hindustan Media Ventures (HMVL) IPO Analysis
IPO analysis of Hindustan Media Ventures (HMVL) – subscribe to the issue on a longer term basis.
The issue is opening on 5th July, 2010 and will close on July 7, 2010 and the company has fixed the price band at Rs 162-175.
HMVL is promoted by HT Media and holds 98.85 per cent of stake in [...]
Fatpipe Networks India IPO is withdrawn
Fatpipe Networks India has withdrawn its initial public offer due to muted investor response to the issue, which was under-subscribed. The IPO was subscribed 88%. The IPO got bids for 53.63 lakh shares compared with 61.25 lakh shares on offer.
The bidding for the IPO began on 7 June 2010. It may be recalled that [...]
Jaypee Infratech IPO Price Set at Lower End – Rs 102 per share
Infrastructure firm Jaypee Infratech has priced its initial public offer (IPO) at the lower end of the Rs 102-117 a share price band following lukewarm investor response to the issue. Retail investors will be issued shares at 5% discount to the IPO price.
Jaypee Infratech’s IPO was subscribed 1.24 times and got bids for 27.39 [...]
Satluj Jal Vidyut Nigam IPO subscribed 6.5 times
The IPO of Satluj Jal Vidyut Nigam Ltd. (SJVNL) was subscribed 6.48 times as of 5:00 pm on the last day for subscription, according to the NSE web site. The public sector hydro-power utility received 2.69bn shares as against the issue size of 415mn shares on offer.
SJVNL, which is planning to raise about Rs. 12 [...]
Jaypee Infratech IPO subscribed 89%
Retail investors will be allotted shares at a discount of up to 5% to the issue price that will be determined as per the 100% book-building route.
The IPO of Jaypee Infratech received bids for 196.83mn shares compared to 221.76mn shares on offer. The IPO was subscribed 89% by 1:00 PM today, as per the NSE [...]
Mandhana Industries IPO Analysis and Recommendation – Invest
Investors can subscribe to the Initial Public Offer of textile player Mandhana Industries. At the upper end of its price band (Rs 120-130), the offer values the company at 11 times the annualised FY-10 earnings per share, at a slight discount to peer Bombay Rayon Fashions.
The offer holds merit on grounds of sustained growth in [...]
