Equity Markets

[Malli]

Originally Posted by gaurav440

hi

even me think both these IPOs are good and wud call for investment ...particularly seeing the way the recent performances in retail sector and the gains achieved by shoppers stop ..so provogue IPO wud definitely be up there ...
But the concern with it is that they are offering only 40 lakh shares and chances are that not many shares will be alloted .

I think even Uniply industries wud be a good bet at 24 ..can hold that stock for long term ..

What are ur views Pgites ??

I disagree.. IPO's are not as lucrative as they used to be in the past...

Most of the IPO's are overpriced n oversubscribed....

Every tom,**** n harry seems to be going in for IPO's... One should have a look at the company performance before investing in IPO's...

The fact that they are oversubscribed implies that people don't think twice before investing, which just means that the public is not very mature as far as investing in IPO's is concerned

[The Juggernaut]

Originally Posted by Malli

I disagree.. IPO's are not as lucrative as they used to be in the past...

Most of the IPO's are overpriced n oversubscribed....

Every tom,**** n harry seems to be going in for IPO's... One should have a look at the company performance before investing in IPO's...

The fact that they are oversubscribed implies that people don't think twice before investing, which just means that the public is not very mature as far as investing in IPO's is concerned

Hey guys!!!

completely agree wid Malli on the IPO front. Its not an all Profit game at all to simply invest in an IPO and hope for astronomical returns. Its important to do a thorough background check of the company visavis its valuations. Ofcourse, retail investors can seek the advice of financial experts in various media but at the same time oner shud know his/her Risk-Return appetite n keep a target in mind.
I am personally optimistic abt the Yes bank IPO. Not very sure abt Provogue.


Cheers!!!

[gaurav440]

Originally Posted by Malli

I disagree.. IPO's are not as lucrative as they used to be in the past...

Most of the IPO's are overpriced n oversubscribed....

Every tom,**** n harry seems to be going in for IPO's... One should have a look at the company performance before investing in IPO's...

The fact that they are oversubscribed implies that people don't think twice before investing, which just means that the public is not very mature as far as investing in IPO's is concerned

Hey man ...u just seemed to be looking at this IPO thing in a parochial nature ...

The fact that many of these IPOs are oversubscribed refloects the market demand for the share ...and hence generally the more the subscription levels ...the more the listing gains u can expect ...as u can see in case of Gokaldas exports(oversubscribed -36 times ) ..Listed at around 580 (Issur price 425) , Saksoft (oversubscribed -47 times ) Listed at around 57 and is currently trading at 150+ ...on an issue price of rs 30 ...kinda wealth creation for the people who invested in ...

The oversubsriciption levels for these shares show that ...the PUBLIC is aware of what to expect ..what company is hitting the markets ...and what are the prospects ..and that calls for sound research .

But there are other IPOs as well which did not received the same level of subscriptions like ..Cyber Media (4 times oversubsribed ) ...Shringar cinemas ...3i Infotech and these shared did trade below the OFFER price ...

Obviously the decision to invest in IPOs is no longer a no brainer ..with companies coming out with aggressive pricing and cashing in on the recent bull run in the markets ...and thus leaving very little margin for the investors .

So what is needed is a planned way to invest ...extensive research ...(as this is ur own money u putting in ) and a bit of risk taking ability


Happy Investing to u , hope u take a sound decision

[gaurav440]

hey junta ...another IPO in this deluge of IPOs happening in mid june ..

JINDAL PLOY FILMS ...

The price band has been fixed at Rs360 -400 ..and the market lot - 15 shares ...

Whats the take on this IPO ?

[gaurav440]

Hi junta ...

No action happening on this thread ...i thought to perk up the discussion myself ...

read some details regarding the provogue subscription details and i think it has already been oversubscribed by around 11 times .

..and still lots of time to go be4 the IPO closes ...

Does any one have info regarding the subscription levels attained by other IPOs open at the same time ??

[gaurav440]

Hi junta

Nandan exim a recent IPO which was issued at a price of Rs 20 has listed on the bourses and continuing the recent bull run in the markets ...it is goin strong ...

check out the following link ;

http://www.moneycontrol.com/backends...?autono=169741

[prasadtheonlyone]

Don't u think tht Indian Public is overreacting to IPO's, we have seen it in past, a share like
ONGC and MARUTI traded below listing price for over a month after listing ....

Experts now are cautioning public to invest smartly, in the last few months we have
seen much volatality in the market.
Stocks of almost all sectors have seen upswing as well as downswing...
In such situation only stocks where company is having long term future would get
appreciated...
In my opinion industries which have bright future are:
1) Engineering services: Manufaturing is picking up in India as there is buzz of
India becoming manufacturing backoffice of world...

2) Biotech: This is one sector which has huge potential and hence these stocks are
most likely to see appreciation in near future....

3) Textiles: Because of lifting of quota and India already having technical know how,
raw material and big players this sector would be lucrative.

What u ppl say? Any other sectors u see as booming?

[samira]

Originally Posted by prasadtheonlyone

Don't u think tht Indian Public is overreacting to IPO's, we have seen it in past, a share like
ONGC and MARUTI traded below listing price for over a month after listing ....

Experts now are cautioning public to invest smartly, in the last few months we have
seen much volatality in the market.
Stocks of almost all sectors have seen upswing as well as downswing...
In such situation only stocks where company is having long term future would get
appreciated...
In my opinion industries which have bright future are:
1) Engineering services: Manufaturing is picking up in India as there is buzz of
India becoming manufacturing backoffice of world...

2) Biotech: This is one sector which has huge potential and hence these stocks are
most likely to see appreciation in near future....

3) Textiles: Because of lifting of quota and India already having technical know how,
raw material and big players this sector would be lucrative.

What u ppl say? Any other sectors u see as booming?

i wud say there r 2 sides to these IPOs
+ve not all shares go down immediately after the IPO infact there are inumerable instances where the share prices have rocketed and provided gud retuns to the investors ..also there r many shares where the prices did fall initially but then they did pick up later on
also considering indian investors general mental set up which compels them to stay as far away frm stk markets as possible(even mutual funds are not looked towards as an investment opportunity).........i wud say IPOs have lured a few of them at least

-ve
there are some problem areas also viz there were issues related to allotment of shares during the last yers IPO spree

but then as in case of every share it's not an f.d. to give fxd returns or in short whether in an IPO or othrwise risk is alwasy involved

[gaurav440]

Originally Posted by samira

but then as in case of every share it's not an f.d. to give fxd returns or in short whether in an IPO or othrwise risk is alwasy involved

i agree to that ....an investment in IPO is not without a risk ...and offcourse there are no returns without the risk ...and theres an inherent risk in every investment u undertake .

So what is needed is a right portfolio wherein u diversify ur risk and a bigger appetite for risk taking .

Looking in sector specific stocks ...Biotech and Textiles ..(retailing) are definitely lucrative as of now ..

[Gordon]

Doods...mois back after my last post on page 10....not much action on my scene since then except that I bought two books to help me invest better. One is "How to think like Benjamin Graham and invest like Warren Buffet" from TMH. Another is "One up on Wall street" by Peter Lynch.

Anyway check out IndusInd Bank. Value of the stock as per my analysis is around 100 odd as per last years earnings. I also spoke to 2-3 people in the banking industry who are very bullish on industry prospects. Being a relatively small bank its growth prospects are also good.

Do post your comments.