IPO NEWS - India IPO Market

• REC ipo listing on march 12
  posted on March 10, 2008 - 08:40:00 am
  
  Rural electrification corp (REC ) ipo listing on march 12,2008
  
  Ipo price - Rs 105
  
  can give moderate listing gains of around 20 % , long term prospectus are good , one can remain invested in it
  
  more view ,post listing in "ipoplus " blog only .

  

  
  
  
• REC ipo allotment status
  posted on March 05, 2008 - 11:56:00 am
  
  check the allotment status of Rural electrification corp ( REC ) now
  
  direct shortcut link ( karvy ) - click here
  
  
  Best of luck
  
  it may get listed by 14-3-2008

  

  
  
  
• Rural electrification corp (REC) ipo analysis
  posted on February 15, 2008 - 01:27:00 am
  
  REC ipo analysis :
  
  please check in our ipoplus blog - the blog dedicated for ipo views / ipo analysis
  
  click here ( Direct link to the post )
  
  More views shortly in that blog
  
  keep checking , the blog is active now .
  
  IYG team

  

  
  
  
• Jkumar infraprojects to list on Feb 12
  posted on February 11, 2008 - 10:09:00 am
  
  Jkumar infraprojects ipo listing :
  
  
  Listing date - 12-2-2008 i nNSE , BSE
  
  
  Ipo price - Rs 110
  
  BSE code - 532940
  
  suggestion - the market looks weak , its better to exit on listing , one can re enter ,when market stabilises .
  
  cheers ,
  
  iyg team

  

  
  
  
• onmobile global ipo allotment status
  posted on February 11, 2008 - 10:06:00 am
  
  onmobile global ipo allotment status :
  
  check it now @ karvy website - click here
  
  
  Best of luck to all investors ,
  
  
  cheers ,
  
  IYG team

  

  
  
  
• REC ipo gets 3/5 from Crisil
  posted on February 05, 2008 - 12:21:00 am
  
  Crisil has given ipo grade of 3/5 to proposed ipo of rural electrification corporation (REC )
  
  Ipo price band may be in range of 85-100 approx ,** subject to then market conditions .
  
  
  Ipo may open around february 19,2008
  
  
  more updates on this Ipo shortly ......
  
  
  This Ipo is one of our Top picks ..........
  
  
  IYG team

  

  
  
  
• V-guard ipo price band Rs 80-85
  posted on February 02, 2008 - 09:29:00 am
  
  v-Guard Ipo :
  
  kochi based V-guard industries ipo opens on Feb 18 ,2008
  
  
  Ipo snap shot :
  
  Shares on offer - 80 lac shares of Rs 10
  
  Net offer to public - 76 lac shares of Rs 10 .
  
  Price band - Rs 80-85
  
  Ipo period - Feb 18-21 ,2008
  
  Ipo grade - 3/5
  
  Equity dilution - 26 % approx
  
  Net profit as on march 31 ,2007 - Rs 13.5 crore
  
  
  source - TBH
  
  
  IYG Ipo view :
  
  This is a good company , fundamentals are strong , pricing is much reasonable , we are +ive on this ipo as of now ,
  its a good long term investment stock ,
  
  more view shortly on this ipo ..........
  
  
  Best of luck ,

  

  
  
  
• Emaar mgf ipo revised to Rs 540-630 price band
  posted on January 31, 2008 - 10:33:00 am
  
  Emaar MGF ipo :
  
  Tough market conditions finally forced Emaar mgf which was very reluctant to reduce the price band earlier .
  
  New price band - Rs 540-630 /share { earlier it was Rs 610-690 }
  
  Bid lot - 10 shares & multiples .
  
  ipo period - Feb 1 -Feb 6 ,2008
  
  
  IYG ipo view :
  
  Though its a welcome move ,still price band looks a bit stretched , when Realty sector stocks are beaten badly in secondary markets ,
  ideal price band preferred was Rs 500-550 or even lower . anyway its better now , than earlier ,
  
  Ipo most suited for very long term players ( hold of 3 years + ) who believe in India growth Story ......
  
  anyway , Unitech / DLF on some more declines is better option than Emaar at this price range .
  
  its better to be with the established players like DLF / Unitech and even HDIL - a play on "dharavi ' project ................
  
  one need not expect too much of listing gains from this Ipo for sure , such people are advised to "Avoid " this ipo .....
  
  Retail response will be subdued and it has to be seen , if Retail quota gets fully subscribed or not .
  
  it would be preferable , if they price finally in 540-560 range .
  
  
  
  Happy investing !!!!!!!
  
  ------------------------Sias network Blog -------------------------------------------

  

  
  
  
• Wockhardt hospital ipo price band reduced
  posted on January 30, 2008 - 10:27:00 am
  
  Wockhardt hospital ipo update :
  
  The price band from Rs 280-310 is reduced to
  
  Rs 225- 260
  
  ipo opens 31 jan , closes Feb 5 ,2008
  
  This shows the pressure on the ipo issuers due to weak ipo markets .
  
  IYG ipo view :
  
  Still the price band looks stretched and its best "avoided " in current market conditions { the hospital sector itself is much weak now }
  
  
  -Sias network -------------------------------------------------
  

  

  
  
  
• Crisil ipo grading for forthcoming ipos -
  posted on January 30, 2008 - 10:17:00 am
  
  Crisil Ipo grading updates :
  
  CRISIL has given following ipo grade in last 10 days , for the first time , it has given 5/5 to Acme tele power ipo
  
  Ipo grading list :
  
  1. Acme Tele power - 5 /5 { SEBI clearance expected by this weekend , Rs 800-950 price band }
  
  2.Prince foundations - 2/5 { indicates "below average " }
  
  3. Vascon Engineers - 3/5 { indicates "average " fundamentals }
  
  
  Rating scales :
  
  1/5 - poor fundamentals
  
  2/5 - below average fundamentals
  
  3/5 - average fundamentals .
  
  4/5 - above average fundamentals
  
  5/5 - Strong fundamentals in relation to listed peer stocks in category .
  
  
  The ratings are given based on fundamentals only , so if an ipo gets 5/5 , it does not mean a good ipo ,unless ,its priced sensibly .
  
  more views on these ipos shortly .....................
  
  
  

  

  
  
  
• Ipo views on current ipos
  posted on January 28, 2008 - 10:43:00 am
  
  IPO Views
  
  
  Current market volatility has sent massive jitters to the ipo market ,
  
  Still , the promoters of company are not willing to lower the price band or valuation for their ipo , which is very sad .
  
  So , the risk is very high , who bet purely for Listing gains alone , such people may have tough times , as markets are highly unpredictable .
  
  Amongst the current ipos,
  
  No ipo looks attractive purely from fundamentals and valuation part, almost all of them look much stiffly valued .
  
  in short , investors can wait a bit , till secondary market stabilises or apply in Ipos only with a long term view of 2-3 years
  
  Good ipos with 2-3 years view { in short term , all are stiffly priced and so listing gain may depend on prevailing market condition }
  
  1.KNR constructions { irrigation sector and realty }
  
  2.IRB infrastructure { infra and realty }
  
  3.EMAAR MGF { high quality real estate }
  
  Important - All these 3 ipos are best suited for very long term investors only- dont expect listing gains from these ipos ...................
  
  
  Shriram EPC - Avoid - senseless pricing
  
  wockhardt hospital - Avoid
  
  Bang overseas - "avoid "
  
  all others ipos may be avoided ,as it appears too risky ,as valuations are very stiffer .
  
  
  Be selective and apply in Ipos , dont rush after every IPO make quick bucks , many small investors lost in thousands thru IPOs in this market crash .
  
  So , be very careful about investing in IPOs
  
  its better to Avoid ,rather than taking risks at this point of time , where fear is very large .
  
  anyway , take decisions according to market sentiments ,
  
  
  Best of luck ...........
  
  IYG team

  

  
  
  
• Important notice :
  posted on January 25, 2008 - 10:06:00 am
  
  Dear blog readers ,
  
  due to some small minor problems ,we could not post new messages over 3 days ,
  
  we are happy to tell you all , from 28 th January , this Blog will be updated as usual .....
  
  
  Sorry for the inconvenience ,
  
  All of our blogs will be regularly updated from 27/28 th january onwards ......
  
  Thanks for your support .....
  
  please keep checking for updates .
  
  
  IYG team
  

  

  
  
  
• Rural Electrification corp to open in february second week
  posted on January 19, 2008 - 12:55:00 am
  
  REC ( Rural electrification corp ) a PSU , will come with maiden ipo in February second week
  
  
  shares on offer - 15.61 crore shares ( net issue to public - 15.22 crore shares )
  
  
  Issue size - Rs 1200 crore approx
  
  Likely price - Rs 75-85 range approx .
  
  
  Its a gem of power sector PSUs
  
  we give a Strong apply in this ipo , its a must ipo for retail investors , its a mini power finance corporation like company .
  
  This is our most favorite ipo pick for February month , and we had covered this ipo for many months ,
  
  The company has inducted independent directors as required , will file RHP very soon ..........
  
  More views on this stock shortly .............
  
  Save funds for this ipo .........................
  
  The pricing if done in 75-85 , will be very good ......
  
  cheers ,
  
  iyg team

  

  
  
  
• Emaar mgf ipo price band 610-690 fixed
  posted on January 19, 2008 - 12:51:00 am
  
  The details are out for this ipo -------
  
  
  Issue may open - jan 31/ feb 1
  
  closes - Feb 7,2008
  
  
  Shares on offer - 11.74 crore shares
  
  Price band - Rs 610-690 * ( * according to media sources -livemint , the price band may be in this range , as ET also reported issue size of 7000 cr )
  
  RHP of this ipo will be updated today ,as they will get clearance from ROC .
  
  
  Best of luck .........
  
  
  IYG team

  

  
  
  
• Irb infrastructure ipo updates
  posted on January 17, 2008 - 01:40:00 pm
  
  IRB infra ipo to open on january 31 and close on feb 5,2008
  
  
  ipo price band - Rs 185-220 *
  
  
  Shares on offer - 5.1 crore shares approx
  
  
  initial view - The company is good one and pricing is also reasonable -we would advise "strong apply "
  
  
  more views shortly ............

  

  
  
  
• Vguard ipo gets 3/5 from crisil
  posted on January 17, 2008 - 09:11:00 am
  
  Ipo rating updates :
  
  Crisil has given 3/5 to proposed ipo of " V-guard industries "
  
  the rating indicates "average fundamentals compared to peers "
  
  Shares on offer - 80 lac shares approx
  
  approx ipo price expected - Rs 80- 90 * range
  
  
  More views shortly on this ipo
  
  
  This is one of our favourite ipo . we will post more details shortly .

  

  
  
  
• onmobile Global ipo opens on jan 24
  posted on January 17, 2008 - 09:00:00 am
  
  Onmobile Global ipo :
  
  This company is one of the leading mobile content providers to indian mobile industry and they are well know for ring back tunes in BSNL mobile .
  
  they provide such contents to other players in mobile space also .
  
  This company is incubated by Infosys limited and it holds around 10 % stake -pre ipo .
  
  Price band - Rs 425-450
  
  ipo period - Jan 24-29 ,2008
  
  Ipo grading - 4/5 ( above average fundamentals )
  
  Shares on offer - 1.09 crore shares *
  
  Best of luck .....
  
  
  more views on this ipo shortly ......

  

  
  
  
• Ipo digest 16 jan
  posted on January 16, 2008 - 09:31:00 am
  
  Ipo News
  
  Ipo digest - Ipo market round up :
  
  ****************************************************************************
  
  • Reliance power ipo was o/s by 14.32 times approx
    
  • Reliance power ipo gets retail o/s of nearly 4 times .
  • Future capital ipo was o/s by 133 times approx .
  • Retail portion in future capital ipo was o/s by 53 times approx .
  • Ipo grey market premiums have crashed in last 2 days , rel power premium is at 290-300 , for Future capital - Rs 525-535 approx .
  • Sterlite industries to raise $2 billion for Sterlite power ipo and may do some pre ipo placements shortly .
  • Shriram Epc ipo may hit shortly .....
  Have a nice day
  
  Cheers ,
  IYG team
  
  ------------------------Blog of sias network -------------------------------
  

  

  
  
  
• Future capital ipo - good response so far
  posted on January 14, 2008 - 10:40:00 am
  
  Future capital ipo updates & Views :
  
  End of Day 2 -14-1-08
  
  Snapshot :
  
  overall o/s - 8.69 times
  
  QIB - 10.32 times
  
  Retail - 8.2644
  
  NIB - 0.15 65
  
  
  as of now ,if same trend continues , it may get 25 -30 + times o/s in retail portion
  
  definitely , retail investors are bidding aggressively in this ipo .........
  
  its not a great idea to apply now ,as allotment chance is dull and no chance of firm allotment ,even if we apply max lot .
  
  Happy investing
  
  IYG team

  

  
  
  
• BSNL ipo to hit in 2008 ??
  posted on January 14, 2008 - 10:31:00 am
  
  Sias - pre ipo exclusive -
  
  Reports suggest , GOVT is thinking of 10 % dilution in BSNL
  
  If Govt has will power and if stupid leftists dont object ,it will be great proud moment for all indians to become owners of india's largest Telco- BSNL.
  
  We urge - Honble minister A.Raja to go ahead and list this giant in markets and create value for people of india ,we ( indian public ) have all right to become shareholders in BSNL .
  
  if ipo from BSNL hits ,it will be big daddy of all IPOS .................
  
  
  The real giant is here - if BSNL ipo comes , it will create records ,which none can beat - a whooping 40000 crore of mop up from ipo .................
  
  if it happens , then it will overtake all others in market cap straight away , leaving behind ambanis too
  
  BSNL is valued at $100 billion as of now ,once it lists ,it will increase definitely
  
  Every one is keen on this ipo ,afterall why not , its aongst top 10 tel cos in the world .
  
  most likely BSNL may be given mumbai ,delhi circles
  
  and MTNL may be given pan indian license soon .......
  
  we already hinted about this ipo much earlier in this blog
  
  we will track closely about this ipo plan
  
  
  
  ---------Sias network news wire ----------------------------------

  

  
  
  
• Reliance power opens today for subscription
  posted on January 14, 2008 - 10:28:00 am
  
  15-1-2008
  
  Reliance power ipo opens for subscription today - 15 th jan
  
  It closes on jan 18
  
  The largest ever ipo in indian markets .
  
  today is auspicious day for south indians ,since pongal and mahasankranthi is celebrated here
  
  
  Wish you a happy pongal / sankranthi .............
  
  lets Hope for the best from this mega ipo on this great day ..........
  

  

  
  
  
• Ipos from psu sector in 2008
  posted on January 12, 2008 - 12:23:00 pm
  
  Following ipos from psu (public sector undertakings ) are expected in 2008-09
  
  
  1. OIL india limited ( DRHP filed already )
  
  2. NHPC ( DRHP filed already )
  
  3.REC ( DRHP filed already )
  
  4. COAL India limited
  
  5. RITES limited ( Railway subsidiary , ipo expected in may-june )
  
  6.IRCON international ( Railway Subsidiary )
  
  7. National aviation company (Air -india )
  
  8. SBI - ffollow on offer
  
  Plus much more , Govt thinks of listing all profit making PSU's in market gradaully .
  
  
  almost all of these ipos are good ones and will offer good returns too .
  
  Best of luck ................
  
  
  Sias network News wire ***************

  

  
  
  
• Jaiprakash power ventures ipo
  posted on January 10, 2008 - 09:30:00 am
  
  Sias Network - Exclusive Pre ipo coverage :
  
  Jaiprakash power ventures ipo :
  
  ** DRHP filed on 10 -1-2008 with SEBI
  
  Jaiprakash associates has filed DRHP with SEBI for the proposed ipo of jaiprakash power ventures .
  
  Pre ipo placement made to SBI , Icici bank , equity dilution of 3 % at over Rs 230 /share approx .
  
  Public offer - 10.4 crore shares of FV Rs 10
  
  Net issue - 16.67 % of total paid up capital
  
  Promoter ( Jaiprakash associates ) holding - 80 % ( post ipo )
  
  Its expected to garner around 4000 crore as of now
  
  Power projects - 5500 mw ( around 4500 MW in hydro and 1000 Mw in thermal )
  
  
  Its a existing ,profit making , Dividend paying company ..............
  
  we are very positive on this ipo ,afterall this company is the largest Hydro power generating company in private sector .
  
  more details shortly only in this Blog - keep checking ....
  
  
  - IYG team ------------------------
  
  

  

  
  
  
• Precision pipes ipo lsiting price around 175-185
  posted on January 10, 2008 - 09:12:00 am
  
  Precision pipes Ipo listing :
  
  
  Ipo to list tomorrow ( 11-1-2008 )
  
  
  Ipo price - Rs 150
  
  BSE - 532934
  
  Listing price - Rs 175-185 ( expected )
  
  Grey mkt premium - Rs 25-30 approx .
  
  
  post listing view only in "ipoplus" blog within 5 days ,
  
  
  IYG team .

  

  
  
  
• Aries Agro ipo listing price at 150-160 range
  posted on January 10, 2008 - 09:09:00 am
  
  Aries Agro Ipo listing :
  
  
  Aries agro to list tomorrow ( 11 jan )
  
  
  Listing price expected - 150 -160 *
  
  Ipo price - Rs 130
  
  *- general market expectation .
  
  Grey mkt premium - Rs 20-25
  
  
  post listing view shortly in "ipoplus " blog only .
  
  best of luck ........
  
  IYG team