IPO NEWS - India IPO Market

REC ipo listing on march 12

noreply@blogger.com (seenu) — Mon, 10 Mar 2008 15:40:00 +0000

Rural electrification corp (REC ) ipo listing on march 12,2008

Ipo price - Rs 105

can give moderate listing gains of around 20 % , long term prospectus are good , one can remain invested in it

more view ,post listing in "ipoplus " blog only .

REC ipo allotment status

noreply@blogger.com (seenu) — Wed, 05 Mar 2008 19:56:00 +0000

check the allotment status of Rural electrification corp ( REC ) now

direct shortcut link ( karvy ) - click here

Best of luck

it may get listed by 14-3-2008

Rural electrification corp (REC) ipo analysis

noreply@blogger.com (seenu) — Fri, 15 Feb 2008 09:27:00 +0000

REC ipo analysis :

please check in our ipoplus blog - the blog dedicated for ipo views / ipo analysis

click here ( Direct link to the post )

More views shortly in that blog

keep checking , the blog is active now .

IYG team

Jkumar infraprojects to list on Feb 12

noreply@blogger.com (seenu) — Mon, 11 Feb 2008 18:09:00 +0000

Jkumar infraprojects ipo listing :

Listing date - 12-2-2008 i nNSE , BSE

Ipo price - Rs 110

BSE code - 532940

suggestion - the market looks weak , its better to exit on listing , one can re enter ,when market stabilises .

cheers ,

iyg team

onmobile global ipo allotment status

noreply@blogger.com (seenu) — Mon, 11 Feb 2008 18:06:00 +0000

onmobile global ipo allotment status :

check it now @ karvy website - click here

Best of luck to all investors ,

cheers ,

IYG team

REC ipo gets 3/5 from Crisil

noreply@blogger.com (seenu) — Tue, 05 Feb 2008 08:21:00 +0000

Crisil has given ipo grade of 3/5 to proposed ipo of rural electrification corporation (REC )

Ipo price band may be in range of 85-100 approx ,** subject to then market conditions .

Ipo may open around february 19,2008

more updates on this Ipo shortly ......

This Ipo is one of our Top picks ..........

IYG team

V-guard ipo price band Rs 80-85

noreply@blogger.com (seenu) — Sat, 02 Feb 2008 17:29:00 +0000

v-Guard Ipo :

kochi based V-guard industries ipo opens on Feb 18 ,2008

Ipo snap shot :

Shares on offer - 80 lac shares of Rs 10

Net offer to public - 76 lac shares of Rs 10 .

Price band - Rs 80-85

Ipo period - Feb 18-21 ,2008

Ipo grade - 3/5

Equity dilution - 26 % approx

Net profit as on march 31 ,2007 - Rs 13.5 crore

source - TBH

IYG Ipo view :

This is a good company , fundamentals are strong , pricing is much reasonable , we are +ive on this ipo as of now ,
its a good long term investment stock ,

more view shortly on this ipo ..........

Best of luck ,

Emaar mgf ipo revised to Rs 540-630 price band

noreply@blogger.com (seenu) — Thu, 31 Jan 2008 18:33:00 +0000

Emaar MGF ipo :

Tough market conditions finally forced Emaar mgf which was very reluctant to reduce the price band earlier .

New price band - Rs 540-630 /share { earlier it was Rs 610-690 }

Bid lot - 10 shares & multiples .

ipo period - Feb 1 -Feb 6 ,2008

IYG ipo view :

Though its a welcome move ,still price band looks a bit stretched , when Realty sector stocks are beaten badly in secondary markets ,
ideal price band preferred was Rs 500-550 or even lower . anyway its better now , than earlier ,

Ipo most suited for very long term players ( hold of 3 years + ) who believe in India growth Story ......

anyway , Unitech / DLF on some more declines is better option than Emaar at this price range .

its better to be with the established players like DLF / Unitech and even HDIL - a play on "dharavi ' project ................

one need not expect too much of listing gains from this Ipo for sure , such people are advised to "Avoid " this ipo .....

Retail response will be subdued and it has to be seen , if Retail quota gets fully subscribed or not .

it would be preferable , if they price finally in 540-560 range .

Happy investing !!!!!!!

------------------------Sias network Blog -------------------------------------------

Wockhardt hospital ipo price band reduced

noreply@blogger.com (seenu) — Wed, 30 Jan 2008 18:27:00 +0000

Wockhardt hospital ipo update :

The price band from Rs 280-310 is reduced to

Rs 225- 260

ipo opens 31 jan , closes Feb 5 ,2008

This shows the pressure on the ipo issuers due to weak ipo markets .

IYG ipo view :

Still the price band looks stretched and its best "avoided " in current market conditions { the hospital sector itself is much weak now }

-Sias network -------------------------------------------------

Crisil ipo grading for forthcoming ipos -

noreply@blogger.com (seenu) — Wed, 30 Jan 2008 18:17:00 +0000

Crisil Ipo grading updates :

CRISIL has given following ipo grade in last 10 days , for the first time , it has given 5/5 to Acme tele power ipo

Ipo grading list :

1. Acme Tele power - 5 /5 { SEBI clearance expected by this weekend , Rs 800-950 price band }

2.Prince foundations - 2/5 { indicates "below average " }

3. Vascon Engineers - 3/5 { indicates "average " fundamentals }

Rating scales :

1/5 - poor fundamentals

2/5 - below average fundamentals

3/5 - average fundamentals .

4/5 - above average fundamentals

5/5 - Strong fundamentals in relation to listed peer stocks in category .

The ratings are given based on fundamentals only , so if an ipo gets 5/5 , it does not mean a good ipo ,unless ,its priced sensibly .

more views on these ipos shortly .....................

Ipo views on current ipos

noreply@blogger.com (seenu) — Mon, 28 Jan 2008 18:43:00 +0000

IPO Views

Current market volatility has sent massive jitters to the ipo market ,

Still , the promoters of company are not willing to lower the price band or valuation for their ipo , which is very sad .

So , the risk is very high , who bet purely for Listing gains alone , such people may have tough times , as markets are highly unpredictable .

Amongst the current ipos,

No ipo looks attractive purely from fundamentals and valuation part, almost all of them look much stiffly valued .

in short , investors can wait a bit , till secondary market stabilises or apply in Ipos only with a long term view of 2-3 years

Good ipos with 2-3 years view { in short term , all are stiffly priced and so listing gain may depend on prevailing market condition }

1.KNR constructions { irrigation sector and realty }

2.IRB infrastructure { infra and realty }

3.EMAAR MGF { high quality real estate }

Important - All these 3 ipos are best suited for very long term investors only- dont expect listing gains from these ipos ...................

Shriram EPC - Avoid - senseless pricing

wockhardt hospital - Avoid

Bang overseas - "avoid "

all others ipos may be avoided ,as it appears too risky ,as valuations are very stiffer .

Be selective and apply in Ipos , dont rush after every IPO make quick bucks , many small investors lost in thousands thru IPOs in this market crash .

So , be very careful about investing in IPOs

its better to Avoid ,rather than taking risks at this point of time , where fear is very large .

anyway , take decisions according to market sentiments ,

Best of luck ...........

IYG team

Important notice :

noreply@blogger.com (seenu) — Fri, 25 Jan 2008 18:06:00 +0000

Dear blog readers ,

due to some small minor problems ,we could not post new messages over 3 days ,

we are happy to tell you all , from 28 th January , this Blog will be updated as usual .....

Sorry for the inconvenience ,

All of our blogs will be regularly updated from 27/28 th january onwards ......

Thanks for your support .....

please keep checking for updates .

IYG team

Rural Electrification corp to open in february second week

noreply@blogger.com (seenu) — Sat, 19 Jan 2008 08:55:00 +0000

REC ( Rural electrification corp ) a PSU , will come with maiden ipo in February second week

shares on offer - 15.61 crore shares ( net issue to public - 15.22 crore shares )

Issue size - Rs 1200 crore approx

Likely price - Rs 75-85 range approx .

Its a gem of power sector PSUs

we give a Strong apply in this ipo , its a must ipo for retail investors , its a mini power finance corporation like company .

This is our most favorite ipo pick for February month , and we had covered this ipo for many months ,

The company has inducted independent directors as required , will file RHP very soon ..........

More views on this stock shortly .............

Save funds for this ipo .........................

The pricing if done in 75-85 , will be very good ......

cheers ,

iyg team

Emaar mgf ipo price band 610-690 fixed

noreply@blogger.com (seenu) — Sat, 19 Jan 2008 08:51:00 +0000

The details are out for this ipo -------

Issue may open - jan 31/ feb 1

closes - Feb 7,2008

Shares on offer - 11.74 crore shares

Price band - Rs 610-690 * ( * according to media sources -livemint , the price band may be in this range , as ET also reported issue size of 7000 cr )

RHP of this ipo will be updated today ,as they will get clearance from ROC .

Best of luck .........

IYG team

Irb infrastructure ipo updates

noreply@blogger.com (seenu) — Thu, 17 Jan 2008 21:40:00 +0000

IRB infra ipo to open on january 31 and close on feb 5,2008

ipo price band - Rs 185-220 *

Shares on offer - 5.1 crore shares approx

initial view - The company is good one and pricing is also reasonable -we would advise "strong apply "

more views shortly ............

Vguard ipo gets 3/5 from crisil

noreply@blogger.com (seenu) — Thu, 17 Jan 2008 17:11:00 +0000

Ipo rating updates :

Crisil has given 3/5 to proposed ipo of " V-guard industries "

the rating indicates "average fundamentals compared to peers "

Shares on offer - 80 lac shares approx

approx ipo price expected - Rs 80- 90 * range

More views shortly on this ipo

This is one of our favourite ipo . we will post more details shortly .

onmobile Global ipo opens on jan 24

noreply@blogger.com (seenu) — Thu, 17 Jan 2008 17:00:00 +0000

Onmobile Global ipo :

This company is one of the leading mobile content providers to indian mobile industry and they are well know for ring back tunes in BSNL mobile .

they provide such contents to other players in mobile space also .

This company is incubated by Infosys limited and it holds around 10 % stake -pre ipo .

Price band - Rs 425-450

ipo period - Jan 24-29 ,2008

Ipo grading - 4/5 ( above average fundamentals )

Shares on offer - 1.09 crore shares *

Best of luck .....

more views on this ipo shortly ......

Ipo digest 16 jan

noreply@blogger.com (seenu) — Wed, 16 Jan 2008 17:31:00 +0000

Ipo News

Ipo digest - Ipo market round up :

****************************************************************************

Reliance power ipo was o/s by 14.32 times approx
Reliance power ipo gets retail o/s of nearly 4 times .
Future capital ipo was o/s by 133 times approx .
Retail portion in future capital ipo was o/s by 53 times approx .
Ipo grey market premiums have crashed in last 2 days , rel power premium is at 290-300 , for Future capital - Rs 525-535 approx .
Sterlite industries to raise $2 billion for Sterlite power ipo and may do some pre ipo placements shortly .
Shriram Epc ipo may hit shortly .....

Have a nice day

Cheers ,
IYG team

------------------------Blog of sias network -------------------------------

Future capital ipo - good response so far

noreply@blogger.com (seenu) — Mon, 14 Jan 2008 18:40:00 +0000

Future capital ipo updates & Views :

End of Day 2 -14-1-08

Snapshot :

overall o/s - 8.69 times

QIB - 10.32 times

Retail - 8.2644

NIB - 0.15 65

as of now ,if same trend continues , it may get 25 -30 + times o/s in retail portion

definitely , retail investors are bidding aggressively in this ipo .........

its not a great idea to apply now ,as allotment chance is dull and no chance of firm allotment ,even if we apply max lot .

Happy investing

IYG team

BSNL ipo to hit in 2008 ??

noreply@blogger.com (seenu) — Mon, 14 Jan 2008 18:31:00 +0000

Sias - pre ipo exclusive -

Reports suggest , GOVT is thinking of 10 % dilution in BSNL

If Govt has will power and if stupid leftists dont object ,it will be great proud moment for all indians to become owners of india's largest Telco- BSNL.

We urge - Honble minister A.Raja to go ahead and list this giant in markets and create value for people of india ,we ( indian public ) have all right to become shareholders in BSNL .

if ipo from BSNL hits ,it will be big daddy of all IPOS .................

The real giant is here - if BSNL ipo comes , it will create records ,which none can beat - a whooping 40000 crore of mop up from ipo .................

if it happens , then it will overtake all others in market cap straight away , leaving behind ambanis too

BSNL is valued at $100 billion as of now ,once it lists ,it will increase definitely

Every one is keen on this ipo ,afterall why not , its aongst top 10 tel cos in the world .

most likely BSNL may be given mumbai ,delhi circles

and MTNL may be given pan indian license soon .......

we already hinted about this ipo much earlier in this blog

we will track closely about this ipo plan

---------Sias network news wire ----------------------------------

Reliance power opens today for subscription

noreply@blogger.com (seenu) — Mon, 14 Jan 2008 18:28:00 +0000

15-1-2008

Reliance power ipo opens for subscription today - 15 th jan

It closes on jan 18

The largest ever ipo in indian markets .

today is auspicious day for south indians ,since pongal and mahasankranthi is celebrated here

Wish you a happy pongal / sankranthi .............

lets Hope for the best from this mega ipo on this great day ..........

Ipos from psu sector in 2008

noreply@blogger.com (seenu) — Sat, 12 Jan 2008 20:23:00 +0000

Following ipos from psu (public sector undertakings ) are expected in 2008-09

1. OIL india limited ( DRHP filed already )

2. NHPC ( DRHP filed already )

3.REC ( DRHP filed already )

4. COAL India limited

5. RITES limited ( Railway subsidiary , ipo expected in may-june )

6.IRCON international ( Railway Subsidiary )

7. National aviation company (Air -india )

8. SBI - ffollow on offer

Plus much more , Govt thinks of listing all profit making PSU's in market gradaully .

almost all of these ipos are good ones and will offer good returns too .

Best of luck ................

Sias network News wire ***************

Jaiprakash power ventures ipo

noreply@blogger.com (seenu) — Thu, 10 Jan 2008 17:30:00 +0000

Sias Network - Exclusive Pre ipo coverage :

Jaiprakash power ventures ipo :

** DRHP filed on 10 -1-2008 with SEBI

Jaiprakash associates has filed DRHP with SEBI for the proposed ipo of jaiprakash power ventures .

Pre ipo placement made to SBI , Icici bank , equity dilution of 3 % at over Rs 230 /share approx .

Public offer - 10.4 crore shares of FV Rs 10

Net issue - 16.67 % of total paid up capital

Promoter ( Jaiprakash associates ) holding - 80 % ( post ipo )

Its expected to garner around 4000 crore as of now

Power projects - 5500 mw ( around 4500 MW in hydro and 1000 Mw in thermal )

Its a existing ,profit making , Dividend paying company ..............

we are very positive on this ipo ,afterall this company is the largest Hydro power generating company in private sector .

more details shortly only in this Blog - keep checking ....

- IYG team ------------------------

Precision pipes ipo lsiting price around 175-185

noreply@blogger.com (seenu) — Thu, 10 Jan 2008 17:12:00 +0000

Precision pipes Ipo listing :

Ipo to list tomorrow ( 11-1-2008 )

Ipo price - Rs 150

BSE - 532934

Listing price - Rs 175-185 ( expected )

Grey mkt premium - Rs 25-30 approx .

post listing view only in "ipoplus" blog within 5 days ,

IYG team .

Aries Agro ipo listing price at 150-160 range

noreply@blogger.com (seenu) — Thu, 10 Jan 2008 17:09:00 +0000

Aries Agro Ipo listing :

Aries agro to list tomorrow ( 11 jan )

Listing price expected - 150 -160 *

Ipo price - Rs 130

*- general market expectation .

Grey mkt premium - Rs 20-25

post listing view shortly in "ipoplus " blog only .

best of luck ........

IYG team