every one here talking about secondary market and their portfolio following is my portfolio that i planning to hold till each one is at least 3 times, i have also given my entry price for each stock
BharatiShipyard 160 Fortis Health 108 HOV Services 63 IDBI Bank 95 IFCI 32 Indian Bank 120 Jaiprakash Asso 122 Mahindra Satyam 85 NHPC 30.25 Punj Lloyd 140 Reliance Power 120 S Kumars Nation 30 Suzlon Energy 60 United Bank 63
Hey, Santosh I Also Got Alloted 200 Shares Hence I have Received Rs 2000 Cheque As Refund (200 x 10 Discount) In Your Case You Will Get Refund Of Rs 400 Cheque ( 40 x 10 Discount )
CARE has assigned ‘CARE IPO Grade 2’ to the proposed initial public offering of Everest Infra Energy Ltd of around 60 lakh equity shares of Rs 10 each.
The CARE grading, which indicates ‘below average fundamentals’ of the IPO, factors in the long experience of the promoters and infusion of funds during the last three years, healthy order book position with major clientele being reputed government enterprises / departments, moderate financial position with negligible long term debt and increased thrust on infrastructure by the government.
However, the grading is constrained by the relatively small size of the company, low profitability, declining Return on Net worth, volatile input prices and high average collection period leading to working capital intensiveness of the business. While the company is, by and large, in compliance with the regulatory requirement pertaining to corporate governance practices, it may be early to draw any inference on the quality of the same as the major initiatives in this regard have been made in the recent past. The company also needs to strengthen its organisational structure and MIS.
Everest Infra is engaged in electrical construction contracts on turnkey basis starting from design & engineering to supply of materials & erection and maintenance. It mainly undertakes contracts (including supply contracts) in the field of power transmission lines, sub-station construction and rural electrification. The company has also undertaken some civil construction work. The client portfolio comprises mainly government enterprise / departments with Department of Power, government of Andhra Pradesh and NHPC awarding the maximum contracts to the company.
On a total income of Rs.92.0 crore, Everest Infra earned a PAT of Rs.1.8 crore in FY09. Everest Infra’s EPS saw a decline in FY09 due to expansion of equity base owing to preferential allotment of equity shares. However, Return on Net worth (RONW) witnessed a declined trend during the past three years. -Economic Times
I have applied for 40 shares of Goenka diamond at upper band Rs.145. As the promoters fixed the issue price at Rs.135, how do we get the rest of the amount? If any one have idea, please let me know.. Thanks in advance