Dear sridharji, From the IPOs performace data, it can be understood that those stands above issue price have given windfall profits like jublent foods,madana,gravita,coal india,mahendra exports now lovable and so on expect some soft companies like acropetal and thinksoft and some other manipulated ones. Like this can we hold muthoot for long time.
Kochi: Kerala-based Muthoot Capital Services Ltd (MCSL) today said it will soon introduce a product wherein the company will provide loans against Gold Exchange Traded Funds (ETF).
"This is the first time such a loan finance scheme is being introduced," MCSL Managing Director Thomas George Muthoot told reporters here.
Gold ETFs are issued by Asset Management Companies against 99.5 purity gold kept by them with depositories. The securities are in de-materialised form and can be easily transferred, encashed and traded in stock exchanges, he added.
By introducing this product, the company would be putting to use the Group's core competence in granting loan against gold to provide liquidity for investors in ETF, thereby promoting the popularity of ETF, he said.
In addition, the company has introduced Smart Plus Auto Loan under which the full cost price of the vehicle is given as loan enabling the borrowers to leverage their gold ornaments against the margin requirement.
ha aami jigis korechi ora bolche ipo banker's system kharab, sae jono deri, ora sebi theke splpermission niyeche cheque ta ekto deri kore clear hobe but refund time ye chole aasbe
Sreedhar - I think we can soon expect other Muthoots viz. Mini Muthoot, Muthoot Fin Corp to follow their big brother. They are also in big expansion mode. Lately I find them searching for office space everywhere.
Manapuram has announced 1;1 bonus & also have posted excellent results for March qtr.
422. sdz| Link| Bookmark|
April 28, 2011 10:56:56 PM
IPO Guru (1000+ Posts, 500+ Likes)
Price bids at 175 also need to be considered, which usually constitute more than 95%. Retail total 8.5x and after few rejections (2%), it is finally 8.35x (back calc with 134 shrs).
After seeing Mannapuram results today, think there will be very high optimism in investors and so Rs 215 on listing day is for sure.
SEBI , RBI, INDIAN POLICE , CBI , INDIAN PUBLIC (me 2) , all r always sleeping......... Rpower , Nhpc , sjvn , future capital , ane bija GHANA bADHANE ipo jema public na paisa dubya.. Pan sarkar, sebi to unghwani......... Karanke INVESTMENT IN STOCK MARKET R SUBJECT TO MARKET RISK PLEASE READ RHP BEFORE INVESTMENT. Ghoda bhag jayega tab tabela per tala lagayenge... Kyare doctor , engines , lawyer , ne Dar 3 varshe exam aapta joya... To pachi terminal operator mate kem exam... Koi politician mate che exam..