I want to invest in Mutual Funds. Can anyone suggest which funds are good? Is TATA Mutual Fund and KOTAK Mutual Fund good? Also can you please suggest the scheme names?
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
-- Warren Buffett
167.1. ipo share| Link| Bookmark|
April 17, 2018 7:31:14 PM
IPO Guru (1600+ Posts, 800+ Likes)
Merchant bankers of IPOs are bent upon denying small investors a fair price. Not sure if they will learn from tepid response to recent IPOs and fix fair price. I am very happy with the treatment given by retail investors to highly priced IPOs. Remain united and we will succeed.
Merchant Bankers are smarting under tepid response that IPO which opened for subscription in last week of March received and low listing gains . More than that the ISec issue was handled with high premium. After listing I sec counter has come to more realistic levels . The way Bandhan Bank and Mishra Dhatu have performed after listing may provide glimmer of hope to Companies waiting for listing and their ever greedy Merchant Bankers to move in the direction. The question is whether the Merchant Bankers and Companies have learnt any lessons from March listing exercise,which was none too pleasing . Those issues coming in future will be reasonably priced is to be seen. Now ,It seems the Merchant Bankers are waiting who will blink first. If One company announces listing schedule , others will follow the lead. Recent gains that SENSEX and NIFTY have shown may provide some confidence to schedule IPOs.
This might sound like superstition, but there must be something very subtly devine about this entiry apart from the name 'Patanjali' associated with it... I mean if it was a cow with 5th leg or 2 tails or some sacrificial lamb with 786 naturally engraved onto it's back, even the ordinary humans like you guys or I could have picked it from the heard. But no hell! ....It took those QIBs with their extra sensory perception to identify THE GEM ...
158. Eagleye| Link| Bookmark|
April 10, 2018 1:55:46 PM
IPO Guru (6600+ Posts, 22000+ Likes)
THE MOST RELIABLE List of Main board IPOs IN THE PIPELINE (Status as on 06th April 2018)
A) DRHP Filed - SEBI Approval *Awaited*:
1) Crystal Crop Protection >>> DRHP date 04-Apr-18 2) Genius Consultants >>> DRHP date 29-Mar-18 3) Dinesh Engineers >>> DRHP date 28-Mar-18 4) Varroc Engineering >>> DRHP date 28-Mar-18 5) Rail Vikas Nigam >>> DRHP date 28-Mar-18 6) Mazagon Dock Shipbuilders >>> DRHP date 28-Mar-18 7) IRCON International >>> DRHP date 27-Mar-18 8) Garden Reach Shipbuilders & Engineers >>> DRHP date 26-Mar-18 9) K P R Agrochem >>> DRHP date 26-Mar-18 10) Atria Convergence Technologies >>> DRHP date 26-Mar-18 11) HDFC AMC >>> DRHP date 14-Mar-18 12) Nekkanti Sea Foods >>> DRHP date 12-Mar-18 13) Devi Seafoods >>> DRHP date 05-Mar-18 14) TCNS Clothing Co. >>> DRHP date 26-Feb-18 15) Sandhya Marines >>> DRHP date 24-Feb-18 16) SembCorp Energy India >>> DRHP date 22-Feb-18 17) John Energy >>> DRHP date 15-Feb-18 18) Flemingo Travel Retail >>> DRHP date 15-Feb-18 20) Fine Organic Industries >>> DRHP date 07-Feb-18 21) Capricorn Food Products India >>> DRHP date 06-Feb-18 22) Nazara Technologies >>> DRHP date 31-Jan-18 23) CreditAccess Grameen >>> DRHP date 24-Jan-18 24) Route Mobile >>> DRHP date 22-Jan-18 25) Vishwaraj Sugar Industries >>> DRHP date 20-Dec-17 26) Srei Equipment Finance >>> DRHP date 28-Nov-17
B) SEBI Approval *Received* *(within the past 6 months)*:
1) IndoStar Capital Finance >>> SEBI Approval 03-Apr-18 2) Krishna Institute of Medical Sciences >>> SEBI Approval 07-Mar-18 3) Patel Infrastructure >>> SEBI Approval 05-Mar-18 4) RITES >>> SEBI Approval 20-Feb-18 5) Indian Renewable Energy Development Agency >>> SEBI Approval 16-Feb-18 6) Barbeque-Nation Hospitality >>> SEBI Approval 05-Jan-18 7) Acme Solar Holdings >>> SEBI Approval 15-Dec-17 8) CMS Info Systems >>> SEBI Approval 30-Nov-17 9) Reliance General Ins. Co. >>> SEBI Approval 29-Nov-17 10) Seven Islands Shipping >>> SEBI Approval 10-Nov-17 11) Prince Pipes and Fittings >>> SEBI Approval 03-Nov-17 12) Gandhar Oil Refinery (India) >>> SEBI Approval 26-Oct-17
the question is whether those companies that have got the approval will move forward with their IPOs. At least the PSUs in the list can make first move. RITES and Indian Renewal Energry.
The example of HM scam given does not apply to lemon tree.Lemon tree is a very good brand in it's category having highest , 30% Ebita margins and good cash profit.In view of higher depreciation,. Npm is either negative or very low.The manage mention is reputed.Its a similar case to bharti Airtel, when the I'll came for RS 45, the profit was in negative and we know what happened when business was scaled up.This is o e of the iszues where exiti g investors have not made huge money. My opinion is it may turn out to be a good bet in a slightly long run.
Most of Chittorgarh members may not have any idea of the impact of 1992 HM scam when families after families became bankrupt due to reckless investing.
A company which just open its manufacturing plant and issued shares to its employee at face value Of INR 10 and due to scam within few months it started trading in the range of150-250 range and still people were ready to buy. I pray to god better sense prevails and people do not heed to irrationally bullish analyst/experts and remain alert.
Dear Friends , this ipo was subscribed heavily by anchor investors , they had confidence and further bought today since listing price was 61 , closing price 71 , just buy with a stop loss of 61/= and wait two / three days , good momentum share.best of luck.
980 cr. IPO 500 cr. volume on listing day ( NSE+BSE ) BUT But but check % of delivery on exchanges. NSE - 20 % BSE - 8 % RII and NII hardly subscribed 11 %. Anchors cant sell till one month.
Obviously It was all operators' game.It will not sustain long.Twice UC and both broken very quickly to trap. It is better to invest in strong fundamental co. than to bet in any weak IPO.Those who have not applied should not regret.There are lot of opportunities in secondary market.