MUTHOOT FINANCE LTD IPO YOU CAN HYPOTECATE GOLD TO THIS COMPANY AND APPLY FOR THE IPO IF YOU DONOT HAVE RS 2 LAKHS TO APPLY
SEEMS TO BE GOOD COMPANY AND WILL HAVE RS 50 TO RS 55 AS LISING GAINS BUT ALLOTMENT WILL BE DIFFICULT EVEN FOR RS 2 LAKHS APPLICANT PREMIUM STILL NOT DECLARED BY OPERATORS THIS IS MY BASIC ASSUMPTION FROM THE RED HEARING DETAILS
Price band appears very reasonable. Could have been at least 5% discount for retail investors. After floating news about a possible 10% discount it is a dampener.
Dear clients, aplying for muthoot finance. This IPO will give around Rs 1200 on one application form. subscription(40*175=7000) and will be sold at (40*205=8200)i.e 8200-7000 = 1200 ; This is on Rs 2 lakh worth application.This will be approximately 18% annum intrest for 15 days for Rs 200000/- .Hence dont get much expectation.
But the promoter value per share will increase from Rs 19.6 to Rs 205.Current book value to market value. But the promoter avarage aquaired rate per share surprisingly Rs 3.75 just from the year 1997.
Thirteen years 60 times ,That is India.Mera bharat mahan.
ATTRACTIVE BUT EXTREMELY RISKY GROUP TO INVEST.REMEMBER FCH
Future Ventures IPO Likely To Open End Of April BY REUTERS Future Ventures Ltd, which runs the Pantaloon Retail, is likely to hit the capital market with its IPO. The company, which invests in businesses which are strategically important to the group's retail business, plans to raise 7.5 billion rupees via the share sale and has received the regulator's nod, The Times of India said. The company plans to use a large part of the funds for acquiring new businesses while a small part of the proceeds will be used to grow the existing businesses, K.K. Rathi, chief executive, Future Ventures, said. This is the second attempt by the company to raise money via an IPO. It had earlier filed for an IPO just when the financial crisis began, the report said. Future Ventures currently has 13 companies in its portfolio which own brands in fashion, FMCG, food processing and home products.
I think retail participation would come near 35 times in good market condition and 25 times in worse situation. And if it came with 10 % discount for retailers, profit would be 20rs (discount)+ 30rs premium = 50rs * 35 shares allotment on 2lakh= 1750/-
32. Mani RPS| Link| Bookmark|
April 12, 2011 12:57:10 PM
Top Contributor (200+ Posts, 100+ Likes)
hello sreedhar i dont understand what you told on 31... wat abt company fundamentals