Tag Archives: Company Shastra
Power Grid Corporation FPO: Can it power your portfolio?

Power Grid Corporation FPO: Can it power your portfolio?

Details of the issue: Issue Date: 3rd – 6th December, 2012 (for retail investors) Face Value: Rs. 10 Price Band: Rs. 85 to Rs. 90 (5% discount on issue price for retail investors) Issue Type: Fresh issue and Government stake sale Issue Size: 60.18 Cr. fresh shares and 18.51 shares to be sold by Government Issue Size: Rs. 6,689 Cr. to Rs. 7,083 Cr. Market Bid Lot: 150 shares and in multiples of 150 shares thereafter So, what is the subscription offer? Here is a review of the Power Grid Corporation FPO… Power Grid Corporation of India Limited (PGCIL), a ‘Navratna’ PSU, engaged in the business of transmission of electric power has come out with an FPO of 78,70,53,309 shares of Rs. 10 each. The issue consists of a fresh issue of 60,18,64,295 shares by the company and an offer for sale of 18,51,89,014 shares by the President of India […]

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Bharti Infratel Ltd. IPO – Should you invest in it?

Bharti Infratel Ltd. IPO – Should you invest in it?

After a long break, the IPO market in India is finally picking up pace. After CARE’s IPO last week, it is now the turn of Bharti Infratel’s IPO to hit the market today 11 Dec, 2012.

Bharti Infratel, a subsidiary of telecom major Bharti Airtel, is the company’s leading telecom infrastructure player. It is planning to raise about Rs. 4,500 cr. from the issue. The IPO if successful will be the biggest after state-run Coal India’s IPO in 2010.

High competition and regulatory issues have troubled the Telecom sector as a whole, over the past 2 years. With this in mind, what is in store for Bharti Infratel’s future? What is its right price? And should you subscribe to the IPO? Let’s find out..

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CARE IPO: Should you invest?

CARE IPO: Should you invest?

The CARE IPO opens today!

Credit Analysis and Research Limited is in its 19th year of existence and is the second largest rating agency in India, after CRISIL.
It has a strong foot-hold in the rating of debt instruments, bank loans & facilities and rating relationship with 4,644 clients as of September 30, 2012. It has also, so far, rated the highest number of IPOs, since IPO grading was introduced in India.

The issue opens today i.e. 7th December, 2012. So, lets know more about CARE and whether you should invest in the IPO….

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Company Shastra – Indian Bank Ltd.

Company Shastra – Indian Bank Ltd.

Indian Bank is a mid-sized public sector bank with major presence in South India. In fact it derives 42% of its growth from just one state, Tamil Nadu. It has been a consistent performer for the past ten years and can boast of ratios higher than industry averages.

However, the last one year has seen the NPA increasing from 0.53% to 1.33%.

Will the increasing NPA and focus on the southern region hamper its growth?

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Company Shastra – ITC Ltd.

Company Shastra – ITC Ltd.

ITC Ltd. is the largest tobacco company in India with close to 80% market share (value) in cigarettes. The inelastic nature of demand for cigarettes coupled with government regulation has enabled ITC to become a virtual monopoly and given it a moat (a strong competitive advantage). This has reflected in its financials which have been consistently high and made it one of the top performers in the FMCG sector.

The company has also diversified into other FMCG categories and businesses like Hotels and Paper and Agribusiness which could be the growth drivers in the future. However, many of these businesses are yet to turn profitable amidst intense competition in respective categories.

Considering this, should you invest in ITC Ltd.?

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