@ bayer shah Few day before i had seen the inverview of s R shridhar. Co. Is focusing on commercial vechicle lending. Mr shridhar earlier work with shriram fin. Which had expertise in comm. Lending. Further they are more focus on making about each 120 branches profitable. Then make further expansion. Good long term bet.
Indostar Capital Finance on 19 June 2018 subscribed 3,50,00,000 equity shares of face value Rs 10 each issued by IndoStar Home Finance, wholly-owned subsidiary of the Company ('IHFPL') on Right Issue basis at par, wherein Rs 5 (Rupees Five only) per equity share aggregating to Rs 17,50,00,000 was paid towards application money and balance amount shall be paid in one or more tranches, as and when calls are made by the Board of Directors of IHFPL.
During the IPO also i had warned investors but still greedy investors applied in it and did not sold it when by chance it listed at premium. Now they are crying. Following were my comments posted on 11th May in this site, ---------------------------------------------------------------------------------------------------------- It is not expected to list at significant premium. So for guys looking for listing gain its a risky gamble. Many good ipo stocks like ICICI Securities, BSE, Future Supply etc are avaiblable at attractive rate which can be bought instead of gambling in this ipo. Spike in bond yields is fundamentally negative for NBFCs and hence best time of NBFCs seems to be over.
Management has issued 3,50,00,000 at par to its subsidiary and @572 to public, still hold recommendation. Is there people from management. IPO was of 3,22,00,000+ share. Top class cheat.
Just a suggestion, Not want to offend any one. Can we delete the post related to political discussion, as this forum is for information sharing not going hard or in abusive manner to any person or party.
@Other: Please let me know your suggestion too so that we can improve the forum productivity.
Sure but do let me know of the stocks that remain unaffected by politics I mean the decisions of the political saints at the helm of the nation ...Do you own any such stocks?
Can't figure why discussing such things should touch anyone's raw nerve...
Exactly but slight difference. Stocks are dependent on policies and not government thought gov. only makes those policies. So we should discuss the policies and not the government. Its not touching about raw nerve of any one, its just the suggestion for improving forum productivity.
You are very senior and knowledgeable person than me and have better understanding. If still you or any other forum wants to discuss about government then its up to them. I have expressed my opinion.
Of course one must talk about the policies...But policies are crafted by the government..no? ..We don't talk about them without talking about the perpetrators...like we don't talk about Hiroshima bombing without talking about Harry Truman...
And I believe seniority in no way can be related to wisdom...I personally know of a senior who could easily win the stupidest living creature contest if they had organised one....
Nice article which I read, I am sharing with forum friends :::::
The party got over sometime ago and things have gotten pretty weird. The liquidity driven rally post demonetisation in micro/small/midcaps is ending in a pretty dramatic fashion. Lot of reasons were being given for things going up last year from liquidity, momentum, phenomenal earnings growth (in the P/L at least) etc. Experts came on TV channels and gave buy calls by the dozen and everyone ended up looking like Nostradamus.
Now onto the weirdness. The reasons for the carnage again are many and varied. To mention a few offered since Jan '18
LTCG Mutual Funds rejig due to reclassification Liquidity! Crude/Rupee/Interest rates CFOs/Auditors resigning Cyclicals peaking Cooked books Overvalued IPOs Loss of momentum Bad corporate governance.
This is how it has unravelled 1. Vakrangee 2. P. C. Jewel 3. Gitanjali jems 4.Lasa/oscl 5.sintex platics 6.Advanced enzymes 7.Rain ind. 8.Himadri speciality chem 9.Delta corp. 10. Ujjas energy 11. MRSS 12. Sanwaria 13. IMFA 14. DCM shriram 15. Avanti feeds 16. Manpasand breweries 17. Dilip buildcon 18. Vikas ecotech 19. Atlanta 20. L. T foods 21. Kitex 22. Suzlon 23. Inox wind 24. Indocount 25. Emkay global 26. Butterfly gandhimati 27. Rci ind. 28. Allcargo logistics 29. LEEL 30. AND LAST BUT NOT LEAST ALL PHARMA STOCKS. 31. All recently listed SME STOCKS
Micro/Small/Midcaps can be great wealth creators but it cuts both ways so it is very important to learn how not to lose money as well. One can add more if I had missed any.
Really nice. ipo forum ke sukhekal mai kahi to barsat hui.
However the list is unending in the basket of small cap , include these large and midcap stocks also * Tata moters and DVR * ADAG * JustDial * Kaveri * Force Motors * RBL * Hudco * Jbf industries * Diamond Power ( NiMo type scam ) * PnB * PnbHF * LakshmiVilas bank * Dhanlaxmi bank * Lic * capital 1st * idea * Bosch * Apollo micro system ipo * i-sec * BSE * MCX * Rolta * Tanla solution * Aban offshore * BlueDart * JHS * Ceat and all R.P Goenka group stocks * eros * education sector stocks * unitech * jaypee * amtek group stocks , DLF , india cement , acc, grasim - ab nuvo ,provogue in the past.
All these Cos. hire biz. channels , spread rumours and prey , speculate and manipulate in fno.
Investers are badly trapped and their portfolio is valued at 50 %.Only waiting for good IPOs.
@pokemongo, I think u are right in last 15 to 20 days, very less stocks have given positive returns. But bloodbath in micro/small/midcap is really horrifying.
Umang u r right but i think we need to change our vote as well to congress. Bjp govt have been lucky that they had weak opposition
bJP Is now a party which creates a big empire and later themselves break it atleast congress was better as very few sme come in during that time and sometimes its better . why such a increase in new sme ipo is not known
at one point BJP is asking retailer to invest money in stock market and on other side they come up with LTCG tax even though stt is not abolished
at one point u want small companies and sme to grow and on other side sebi rejig rules for mutual fund investment even though it did not take this action 4 years back
we hopefully will show strength and rout BJP givt from power . i did not like congress party and voted for BJP last time but now i have understood that this party is even worse than that
100 % agreed with you dear. This party started its propaganda early before 12 months of election.
They are talking about double road development on highways in 48 months but not talking about roadside romeo.Here roadside romeo means toll tax terrorism . Nitin Gadkary's department is very corrupted.
Second thing is poors can't affort LPG.They sell in black for their livlihood.Even we can't afford avoiding subsidy and govt. is endorsing lakhs of people already avoided. LOL.
out of the three which sme should Apply 1. Accuracy Shipping Limited 2. Priti International Limited 3. Shree Oswal Seeds & Chemicals Limited All are come From Pantomath
@BAJAJ, Don't put any application in any of the three, rather buy any stock from secondary market, which has posted good last quarter result. You will get stuck in SME. To get listing gain of 10 to 15%, you may end up losing 30 to 40 % of your capital.Sme listing is unpredictable so it is not advisable to apply now, when most of the recently listed SME'S are reduced to 25 to 40 %.