08th May – Offer Opens 10th May – Bank Holiday for Buddha Pournima 11th May – Offer Closes 16th May – Finalisation of Basis of Allotment 17th May – Unblocking of ASBA 18th May – Credit to Demat Accounts 19th May – Listing on NSE & BSE
HUDCO is currently in very old IT infrastructure. HUDCO has cancelled 3 times their ERP RFP in the past 8 years. Financial reporting can get affected after their ERP implementation and when the true picture of financial reporting made to public. In short term they can enjoy premium of the price they are offering to public but in the long term if they don''t improve their IT infrastructure and reporting I see a big risk.
Can anyone please help me to calculate the fair share price of HUDCO? It has been placed at 56-60 band but based on its financial parameters is it possible to check its fair value? (I''m new to Stock market)
Govt IPOs have very high success rate and these issues are usually priced relatively cheap. HUDCO is available at 5% discount to retail investors which is an additional positive. I see a relatively less risk bet which can give 30-40% easily in few months (with all the optimism existing in the market)... So I advocate strong subscription for this one...
However one must remember that this company is politically connected. It was well known in business and political circles that it was a front for Sharad Pawar.
Later sadly BJP'' Nitin Gadkari also became part of it. The RTI activist who first filled for the report was mercilesslouly murdered.
But as this is India, nothing happened to Pawar or Gadkari. All this is not made up by me, the Prospectus discusses all this in minute details.
Hi Septa.. I know its bit off topic but I really want to thank you for stating your new investment in Federal bank around 2-3 months back. I purchase Federal bank shared at 75/- and today it jumped to 107/-. Thank you for your insight. Really really appreciate. Keep posting.
actually i recommend it twice once when it around 45 then again 75 now the rally with good bank book majority NRI accounts so very good CASA it now has legs to go to 200 hundred
439.3. P Patel| Link| Bookmark|
April 28, 2017 8:12:44 PM
IPO Mentor (900+ Posts, 900+ Likes)
SEPTA: one way call sir...i also like to add MULTIBASE INDIA to "that" rock-solid-multi-bagger scripts list { SCRIPTS SHINNING LIKE SEPTA :):):) thats what "other" called it GAMBLE: INDIA BULLS HSG FIN....from around 650-680 ( took gradual position )
So septa do u recommend to add more at this level in federal bank ? I have Advance enzyme, equitas, Laurus, Endurance and ICICI prudential in my portfolio apart from federal bank. Please share some goods picks if possible so that I can have some mid term investment.
Sorry for posting the off the topic... I want to open a demat and trading account Which broker is best in terms of charges and relaibility and other things... I checked in this site but there are so many brokers so I am confused now... Yahan toh itne naam hai jinke baare mein maine suna tak nahi.... Guys please help
You can go for India Infoline. You must see that you get the service of a relationship manager attach to your account. Do online trading and contact your relationship manager in case of help.
Registrar is other than linkintime and karvy . it may be the basis of allotment is different . whether we can apply for multiple lot from 1 dmat a/c ???