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After MAS Financial and Shalby Limited, yet another Gujarat based company is going to hit the primary market. Ahmedabad based company having manufacturing plant in Halvad, Gujarat is going to raise between  63 - 70 Crore through IPO. The issue is very small compared previous two companies. Astron IPO is opening on December 15,2017 and closing on December 20,2017. The tentative dates of allotment and listing are December 29,2017 and December 31,2017. Allotment status can be checked on this link  http://www.linkintime.co.in  Incorporated in 2010, and promoted by Kirit J Patel, Ramakant Patel, Karshanbhai Patel and Asian Granito (India) Limited, Astron is engaged in manufacturing of kraft paper. Kraft paper is used by packaging industry for manufacturing corrugated boxes and liners, corrugated sacks and composite containers. Its varied products include High RCT, Kraft Liner, Liner to corrugated medium paper, ranging mainly from 140 GSM to 350 GSM and 22-35 BSF. The company is i

1. No matter what is the crude price per barrel as on any date, no matter how much dollar has strengthened against rupee over a period, no matter why North Korea is terrifying US by test of its new missiles every other day, no matter  when and how GST would benefit to country people,  no matter what goes worse or better within or outside India, if you are dying you have to be admitted in a hospital to get cured and pay mammoth hospital bills in return. Shalby Limited is in the business of saving life, curing illness and pains in your body. Healthcare industry will never have  impact of  whatsoever socio, political or economic changes. You have to spend money for the treatment no matter which government is in power, you have to spend behind health care without giving damn to GST rate once you or your dear one is on the death bed. This industry is never going to be hit by recession. NEVER 2. Ahmedabad based Shalby Limited is into the business of operating multi specialty hospitals. 

1. Incorporated in March 2006, Future Supply Chain Solutions Limited (FSCSL) is going to hit primary market on December 6,2017. The issue is closing on December 8,2017. The tentative dates of allotment and listing are December 14,2017 and December 18,2017 respectively. 2. The company has set price range between Rs. 660 - Rs. 664 per share and   minimum market lot consists of 22 shares. 3. This is yet another 100% Offer For Sale arrangement. The company shall not receive any proceeds from this IPO. Existing shareholders shall sell 97,84,570 shares. Participant shareholders are Investor selling shareholder Graffin and Promoter Future Enterprise Limited.  4. Out of  97,84,570, 35% shares are reserved for Retail Investors. Since the number of shares are very less, over subscription is expected as the company is growing fast and backed up by Future Group, fundamentally the company is very strong.  5. Recently, Mahindra Logistics debuted t

IPO Overview:   HDFC and Standard Life Mauritius promoted company HDFC Standard Life is going to hit the primary market on November 7,2017 with Rs. 8245.27 - Rs. 8695 Crore IPO. The issue closes on November 9,2017. The tentative dates of allotment and listing are November 15, 2017 and November 17,2017 respectively. The allotment status can be seen on http://karisma.karvy.com . The company has set price range between Rs.275 - Rs.290 per share and minimum application lot is for 50 shares.     HDFC Standard Life IPO is a 100% Offer For sale. The existing shareholders shall sell 29,98,27,818 shares.     Out of 29,98,27,818 shares, 21,44,520 shares are reserved for HDFC Life employees, 8,05,000 shares are reserved for HDFC Employees and 2,99,82,781 shares are reserved for HDFC Shareholders. Out of net 26,68,95,517, 35% shares are reserved for Retail Investors.       Object of the issue:   The company will not receive any proceeds from the of

Mahindra Logistics Limited's promoter Mahindra &  Mahindra Limited through its logistics division, Mahindra Logistics - undertook the business of providing logistics solutions, warehousing, freight forwarding and supply chain services (the "Logistics Business"). Pursuant to business transfer agreement between Mahindra Logistics Limited and its promoter, the entire logistics business was transferred to Mahindra logistics Limited. Since then, the logistics business has been undertaken by Mahindra Logistics Limited and its subsidiary companies.  Incorporated in August 2007, Mahindra Logistics has two subsidiaries namely 2 X 2 Logistics Private Limited (Incorporated in October 2012, 55% Shareholding) and Lords Freight (India) Pvt Ltd (Incorporated in April 2011, 60% of shareholding). Mahindra Logistics Ltd IPO is opening on October 31,2017 and closing on November 2,2017. The tentative date of allotment is November 8,2017 and the allotment status can be seen on thi

Once upon the time, there was an investor who had turned beggar. One day he didn't manage to collect sufficient money by begging, so he decided to loot somebody. On fine early morning,  he waited in middle of the empty road. Then one man passed by, and the investor turned beggar stopped him and said , "I am a ducait, give me your money else I will hurt you". The man smiled and said, "Do you know who am I?" The beggar said, "No". The man said, "I am Anil Ambani, ADAG Group Chairman" The beggar said, "Oh..you are Anil Ambani. Then not your money but give me back my money. I invested in Reliance Power" The investor turned beggar had applied the iconic Reliance Power IPO in January 2008. There were many who turned beggar after the fiasco of Reliance Power IPO, the first biggest IPO of the history of Indian Capital Market, Rs. 11,563 Crore. After 9 years and 9 months, ADAG Group's yet another IPO is coming in the

GIC Re (General Insurance Corporation of India) IPO is the biggest IPO of 2017 and third biggest in the history of Indian capital market. The President of India, acting through the Ministry of Finance holds 99.99% shareholding in the company. Out of that, 10,75,00,000 shares shall be sold by him. It is a mix of offer for sale and fresh issue. Fresh 1,72,00,000 shares shall be issued. So, total number of shares available in this IPO are 12,47,00,000 shares. Out of that 35% is reserved for Retail Investors The company shall not receive any money received through offer for sale. The company proposes to utilise the Net Proceeds from the Fresh issue towards (i) augmenting the capital base of the company to support the growth of its business and to maintain current solvency levels; and (ii) General corporate purposes, subject to applicable law. The IPO is opening on October 11, 2017 and closing on October 13,2017. Minimum application lot size is 16 shares. Why should you sub

Indian Energy Exchange Limited (IEX) is the third mainline IPO of October 2017. Rs. 1000 Crore IPO is opening on October 9, 2017 and closing on October 11,2017. Offer price ranges between Rs 1645 - Rs.1650 per share. Minimum application lot size is 9 shares. Tentative date of allotment is October 23,2017 and listing is October 25,2017 respectively. The allotment status can be seen on this link http://karisma.karvy.com   This IPO is a 100% offer for sale. The company will not receive any money out of this arrangement. Existing investors shall sell 60,65,009 shares and 35% is reserved for Retail Investors. The company has set price range between Rs. 1645 - Rs. 1650 per share. The company's EPS (Dilluted) as on March 31,2017 was Rs. 37.66 per share. If we take lower and higher price band, selling shareholders have offered shares at PE  Multiple of  43.68 - 48.81.   The NAV (Net Assets Value) as on March 31,2017 was Rs. 94.92 . The selling shareholders have asked the pri

MAS Financial Service Limited has come up with its  IPO two days after Godrej Agrovet Limited hits the primary market and a day before Indian Energy Exchange Limited is going to open (Sat-Sun ignored).   MAS IPO is opening on October 6, 2017 and closing on October 10,2017. The tentative dates of allotment and listing are October 16, 2017 and October 18,2017 respectively. The allotment details can be available on this link http://www.linkintime.co.in .   Recently,  listing of iconic IPOs viz ICICI Lombard  and SBI Life Insurance  have failed to give expected listing gains to their investors. ICICI Lombard listed with Rs. 10 discount and SBI Life Insurance listed with meagre 5% (Rs.35) premium above its offer price. At the end, it closed at Rs. 707. The gain was as equal as peanut. Both companies are fundamentally strong backed by prominent promoters and growth prospect, however, they did not leave much on investors plates from the beginning itself. Both cash rich companies sh