I HAVE SAVING BANK ACCOUNT IN ICICI BANK AND DEMATE ACCOUNT IN ANGEL BROKING LTD. I WANT TO APPLY A2Z MAINTAINANCE IPO THROUGH ONLINE ASBA SYSTEM PLEASE SOMEBODY GIVE ME LINK THROUGH ICICI DIRECT
I bought RPL 2 years before 340 stocks worth of 67374.40 and now it has changed to RIL stocks of 42stocks of 43547.70. Can i sell and buy someother stock.Suggest me I am loss of 24,000 and i want to invest it in someother stocks and start gain.
The initial public offering (IPO) of State-owned Punjab & Sind Bank will be opening for subscription from December 13, reports CNBC-TV18. The bank will offer 4 crore equity shares through IPO. The issue comprises a net issue to the public of 3.8 crore equity shares and a reservation of 20 lakh equity shares for subscription by eligible employees. The issue shall constitute 17.93% of the post-issue share capital of the bank.
Its subscription will close on December 15 for qualified institutional investors (QIB) and on December 16 for other investors. The objective of the issue is to augment capital base to meet the future capital requirements arising out of the growth in assets due to the growth of the Indian economy. President of India, acting through the Ministry of Finance, Government of India, holds 100% stake in the bank, which will be reduced to 82.07% post issue. SBI Capital Markets Limited, Enam Securities Pvt Ltd and ICICI Securities Limited are the book running lead managers to the issu
The initial public offering (IPO) of State-owned will be opening for subscription from December 13, reports CNBC-TV18. The bank will offer 4 crore equity shares through IPO. The issue comprises a net issue to the public of 3.8 crore equity shares and a reservation of 20 lakh equity shares for subscription by eligible employees. The issue shall constitute 17.93% of the post-issue share capital of the bank.
Its subscription will close on December 15 for qualified institutional investors (QIB) and on December 16 for other investors.
The initial public offering (IPO) of State-owned Punjab & Sind Bank will be opening for subscription from December 13, reports CNBC-TV18. The bank will offer 4 crore equity shares through IPO.
The issue comprises a net issue to the public of 3.8 crore equity shares and a reservation of 20 lakh equity shares for subscription by eligible employees. The issue shall constitute 17.93% of the post-issue share capital of the bank.
Punjab & Sind Bank IPO to open on Dec 13
Its subscription will close on December 15 for qualified institutional investors (QIB) and on December 16 for other investors.
I am new to this forum but not to Market. I am closely monitoring and reading the comments/reply of every member since last few days. I am a Finance Professional (ICWA) and working in a MNC at Pune. My observation for this Forum is as follows. 1.The members of this forum is a mixed of both expert and innocent about Primary & Secondary Market. 2.The Language used in this forum is sometimes very bad. 3.This is good platform for learners as well as expert of Market, because no one is perfect in this world, and we learn something new every day from life.
dear ipo stratergier, iam also agree with your rumours that punjab and sind bank and l&t finance issue will hit the market between 13th dec to 20 dec these rumours will became news shortly
I am regularly visiting your post. Thanks for your valuable tips. I am planning to purchase Oriental bank of commerce, My target is to keep obc in my portfolio till march 2011,what is best entry level ? At the same time, i had purchased SBI at level of 3090, after that SBI is going down, What will i do with sbi ?
dear ipo stratergier, rumours are only rumors.no news about these these two big issues(punjab&sind bank and l&t finance).any way their issue will be there within 1-4 months,and punjab&sind bank have already filed there comlainces and documents with sebi.probably they will hit the market in the second week of januvary. lets hope for the best.
I bought RPL 2 years before 340 stocks worth of 67374.40 and now it has changed to RIL stocks of 42stocks of 43547.70. Can i sell and buy someother stock.Suggest me I am loss of 24,000 and i want to invest it in someother stocks and get my money back.
Dear Gane, Its 20 percent of shares buyback only not all shares will be bought back.This is a 2 months back news now it has been approved .You can buy at this rate but only 20 percent will be bought back.
On a turnover of Rs 1225cr for FY 10, the debtors outstanding are to the extent of Rs 825cr. That means more than 66% of the reported revenue is yet to be realized. One has take, this kind of turn over and debtors outstanding in an IPO year, with a pinch of salt. The CAGR, profitability has no meaning, since the company has experienced negative cash flow for the last four years.
At Rs 400-410, the company is demanding a valuation of 30x on FY10 earnings, on its post issue capital of Rs 75.60cr, which is very expensive. The company is not into exiting business to demand such high valuation. The company derives most of its income from EPC segment. The revenue from the other verticals are yet to pick up. Do not be mislead by the big name, IPO grading, associated with the issue. Even SKS Micro had the big names like Sequoia, Sores, Narayana Murthy and the same IPO grading. Within 3 months of its listing the share are down 30%, to its offer price.
AVOID THE IPO - FIRST CHOICE IPO ANALYSIS
SELLERS AT RS 75/- PER SHARE AND APPLICATION SELLERS FOR 3300/- IN KOLKATA,NO BUYERS BE CAREFULL DO NOT GET CARRIED AWAY BY RAKESHS HOLDINGS OF 22%,HE IS NOT THERE 2 MAKE U WEALTHY.
Hi Sridhar, Can you suggest me some good stocks for short term please? I am looking at some decent returns for 2~3 weeks time with an investment around 1 lakh
The Income statement for A2Z indicates that the company has been breaking even and making sizeable profit which has been growing sequentially. But then the Cash flow statement shows that the company has been cash flow negative ...a big chunk being accounted for by increase in sundry debtors ! This is also reflected in the balance sheet as "Current assets" ! Any thoughts here?