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Showing posts from September, 2017

Prataap Snacks Limited IPO - Should you subscribe?

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Every shining 'Yellow' thing is not gold. The same way 'Yellow Diamond' is not real diamond to prospective shareholders. Indore based regional player Prataap Snacks Ltd running Yellow Diamond brand name is going to hit the primary market. After Bharat Road Network Ltd and Matrimonry.com Ltd , fundamentally not so good company Prataap Snacks Ltd is also going to trap the market to take the advantage of current bull IPO bull market. Regardless of hard core fundamentals of the company, every IPO is getting oversubscribed. No matter what share price is set, does that justify the RoNW (Return On Networth) and EPS (Earning Per Share) of the company, IPOs are getting overwhelming response from every category of subscriber. Prataap Snacks Ltd's IPO is opening on September 22,2017 and closing on September 26,2017. The tentative date of allotment is September 29,2017. You can see allotment status on this link  http://karisma.karvy.com and the tentative date of listi

SBI Life Insurance Company Ltd IPO - Should you subscribe?

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In September 2017, first, non-life insurance company and now life insurance company is going to hit the primary market through its IPO. On  September 15,2017, ICICI Lombard's  IPO  opened and will close on September 19,2017. Please read ICICI Lombard General Insurance Company Ltd IPO Review From the very next day closing of ICICI Lombard IPO, it's SBI Life insurance company's turn to make some noises in the market. Both have been much talked about IPOs among market analysts and investors. As I said earlier, September 2017 to be celebrated as an IPO month of 2017. This is the sixth IPO of the month. Much unknown name Capacit'e Infraproject IPO  subscribed 182 times in the last week showing the potentials of primary market. Issue Detail SBI Life Insurance IPO is opening on September 20,2017 and closing on September 22,2017. Tentative date of listing is October 3,2017. You will get allotment status here http://karisma.karvy.com  near September 27,2017. Like IC

ICICI Lombard General Insurance Company Limited IPO - Should You Subscribe?

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Last year during the same time, to be precise on September 19,2016, ICICI Prudential Life Insurance Company Ltd company had hit the market through its IPO. It had received a huge response under every category of investors. However, it was a fiasco. It was a major set back of 2016 after the debacle of L & T Technology services which is still under its issue price.   ICICI Prudential was listed at discount. Retail investors clutched their head in desperation. Later on, ICICI Prudential share picked up the momentum and made its investors danced in joy. Issue price was 334, and its CMP is Rs. 426, and 52 week high is Rs. 507. It gave good return in the span of five months.   During the same time in this year, ICICI Group's another company has come up with its IPO. ICICI Lombard is going to put its first stem in the market on September 15, 2017. The issue is closing on September 19,2017 and company has set the price range of Rs. 651 - Rs. 661.   As we all know that IC

Capacit'e Infraprojects Limited - Should you subscribe?

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September 2017 should be celebrated as an IPO month. Back to back IPOs are lined up. Companies are desperate to pull the money from the market, and investors are desperate to find right place for their money to invest. The two very good IPOs waiting to the primary market viz. Capacit'e and ICICI Lombard. Here, we shall discuss about Capacit'e Infraprojects. Overview of the company Capacit'e Infraprojects is a fast growing construction company focussed on Residential, Commercial and Institutional building with exponential growth in consolidated revenue year over year and an order book of Rs. 4602. 476 Crore as at May 31,2017 comprising 56 ongoing projects. It provides end-to-end construction services for residential buildings ("Residential"), multi level car parks, corporate office buildings and building for commercial purposes (Collectively, "Commercial") and buildings for educational, hospitality, and healthcare purposes ("Institutio

Matrimony.com Limited IPO - Should you subscribe?

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Matrimony.com limited is the first matchmaking and marriage service company in India going to be public. As far as online match making business is concern, its two main competitors are Shadi.com and Jeevansathi.com. Matchmaking has traditionally been a very fragmented and unorganized industry in India, with friends and family being the predominant channel of matchmaking. Other offline channels of matchmaking include traditional matchmakers/brokers, community marriage bureaus, pundits/maulvis/priests and classifieds (prints). The online matchmaking industry is still at a nascent stage and accounts for approximately 6.00% of marriages in India. The online matchmaking industry in India is also a very fragmented market with over 2,600 wedding portals, only a handful of players of which have some scale and 700 of which are an extension of the community bodies which traditionally played a major role in alliance and matchmaking Matrimorny.com is currently comprises of two segm

Dixon Technologies (India) Ltd IPO - Should you subscribe?

Hello fellow investor...!! Two mainstream IPOs have opened on the same day viz. SREI Infrastructure finance company promoted Bharat Road Network Limited and electronic items manufacturer Dixon Technologies. Both companies have attempted to take the advantage of current bull IPO market. BRNL is a loss making company and has no attractive figures in its balance sheet. From the date of its news of IPO, there were no positive vibes over its success among the trade Pandits and investors. Read full review of Bharat Road Network Limited here:   BRNL IPO Review Here, we shall discuss about Dixon Technologies (India) Ltd Overview of the company Dixon Technologies is the largest home-grown design-focused and solutions company engaged in manufacturing products in the consumer durables, lighting and mobile phones markets in India. Its diversified portfolio includes; 1. Consumer electronics like LED TVs 2. Home appliances like washing machine 3. Lighting products like LED Bulbs