Tag Archives: IPO
Lovable Lingerie Ltd. IPO : Should you add it to your wardrobe of Stocks?

Lovable Lingerie Ltd. IPO : Should you add it to your wardrobe of Stocks?

Lovable Lingerie Ltd, branded women’s innerwear manufacturers, wants to raise fund through an IPO of Rs 93.28 crore for its capacity expansion and brand building. Its brand “Lovable” is amongst the top 3 most preferred brands in the lingerie segment. The financial performance of the company has been good over the last 6 years.
The IPO price band (Rs 195-205) is fixed at 19.5-20.5 P/E on EPS of FY-11.
So, should you add it to your wardrobe of Stocks?

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Power Grid FPO – Can it be a powerful investment?

Power Grid FPO – Can it be a powerful investment?

After the huge success of Coal India Ltd.’s IPO, the Government of India has put up another offer in the stock market. This time it has come up with a Follow-On Public Offer (FPO) of another Navratna company Power Grid Corporation of India Ltd. (PGCIL) which made a phenomenal debut in the capital market 3 years back. The price band for the follow-on public offering has been fixed at Rs. 85-Rs. 90. A further discount of 5% on the final issue price will be given to retail investors and Power Grid’s employees.

PGCIL is one of the largest transmission utilities in the world. It is responsible for planning, executing, owning, operating and maintaining the high voltage transmission systems in the country. Its core operational area includes development of inter-state transmission systems and grid management.

So, can the Power Grid FPO power your portfolio?

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Stock Shastra #24: The Mad Rush for an IPO: Should you join in?

Stock Shastra #24: The Mad Rush for an IPO: Should you join in?

An IPO is one of the most sought after event be it a novice just starting his investment career or a seasoned investor. Even though quite a few burn their hands and their pockets by investing in them, the next IPO is again the same story. Euphoria surrounding the IPO release, media buzzing with the ‘once in a lifetime investment opportunity’ stories and brokerage houses selling the issuing company rather than analyzing it! The end result is throngs of people rushing to get a piece of the IPO action believing it will lead to great returns.

So, is investing in an IPO worth in and should you join the mad rush?

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John Christy’s Style of Stock Investing

In early nineties, my dating with stock market started. When I was studying 12th standard, my physics teacher ( colleague of my dad) said to be making huge money from share market. India Today and my physics teacher were the two chief sources that introduced me the world of quick riches. At that time,  my physics teacher borrowed around Rs.50000 from my dad to invest in a stock ( I think That was Vysya Bank) which was rumored to declare a bonus issue. It indeed declared  5 shares for every one share bonus and the stock zoomed to 5 times in 25 days. Not only he returned the money within a month, he also built a superb house with the profit he earned. As I myself witnessed the quick appreciation in one month time, It made me to think only about stocks, stocks and stocks. In the same time, India […]

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