Even though their business plan is not very clear , i advice the investors to go for this IPO because of the track record of the management as well as the business names associated with this group like Pantaloon Retail,Future Media,Future Brands, Future supply Chain and Future Bazaar,Central,Big Bazaar,Food Bazaar , Home Town , E- Zone etc etc . According to me you will get more than 100 % appreciation from this issue provided you sell immediately on listing.
Sunday 24 April 2011
FUTURE VENTURES INDIA LIMITED ----> An IPO from a company with good Pedigree
FVIL a company from the Future group managed by the famous Kishore Biyani is coming out an IPO of 750 crores through 100 % book building process. Price range has been fixed as Rs10 to Rs 11. Issues opens for subscription on 25 April and closes on 28 April. Care has assigned a grade of “3” which indicates average fundamentals to this IP0. FVIL has kept the price band relatively at a lower side even though the name “Future” commands a very good premium.
Even though their business plan is not very clear , i advice the investors to go for this IPO because of the track record of the management as well as the business names associated with this group like Pantaloon Retail,Future Media,Future Brands, Future supply Chain and Future Bazaar,Central,Big Bazaar,Food Bazaar , Home Town , E- Zone etc etc . According to me you will get more than 100 % appreciation from this issue provided you sell immediately on listing.
Even though their business plan is not very clear , i advice the investors to go for this IPO because of the track record of the management as well as the business names associated with this group like Pantaloon Retail,Future Media,Future Brands, Future supply Chain and Future Bazaar,Central,Big Bazaar,Food Bazaar , Home Town , E- Zone etc etc . According to me you will get more than 100 % appreciation from this issue provided you sell immediately on listing.
Saturday 23 April 2011
Paramount Printpackaging ----> An issue to make money for Promoters
Investment in this IPO is not advised due to following reasons
1. Issue price is in the range of Rs 32/- to Rs 35/- which is very high for a company which is very week fundamentally. Even I will not advice investment in this IPO even the issue was at its face value i.e. Rs 10/-
2. ICRA has assigned an IPO grading of ‘2’ which indicates below average fundamentals
3. Promoters Logic behind starting this company is not clear as they have another company in operation in the same field which is 100% owned by the promoters. Hence the priority of the promoters will be always towards 100% owned company
4. Even two years ago also this Company was a loss making unit
5. Company has made defaults in payments towards the statutory requirements like professional tax, provident fund etc etc and the cases are going in the courts towards this defaults.
6.Company operates in an area where there is a lot of competition from small scale sector as the investment required for starting such companies are very less and technology used in such companies are very old.
1. Issue price is in the range of Rs 32/- to Rs 35/- which is very high for a company which is very week fundamentally. Even I will not advice investment in this IPO even the issue was at its face value i.e. Rs 10/-
2. ICRA has assigned an IPO grading of ‘2’ which indicates below average fundamentals
3. Promoters Logic behind starting this company is not clear as they have another company in operation in the same field which is 100% owned by the promoters. Hence the priority of the promoters will be always towards 100% owned company
4. Even two years ago also this Company was a loss making unit
5. Company has made defaults in payments towards the statutory requirements like professional tax, provident fund etc etc and the cases are going in the courts towards this defaults.
6.Company operates in an area where there is a lot of competition from small scale sector as the investment required for starting such companies are very less and technology used in such companies are very old.
Monday 18 April 2011
MUTHOOT FINANCE LTD - IPO FOR RISK TAKERS
This company started their activities from my native place. Those days, their office building was the only high rise building there. From there, they spread there wings all around Karalla and now to almost all the districts in India.Kerala is home to good of gold lending institutions and the Muthoot Finance is one of the Pioneers in this field . Another company Manapuram Finance Ltd also from Kerala has given handsome returns to its investors.
Now coming back to this IPO, Muthoot Finance Ltd is the Kerala - based largest gold financing company in India in terms of loan portfolio. Muthoot Finance provides personal and business loans secured by gold jewellery or Gold Loans. They have 1605 branches across 20 states and two union territories in India.
Issue Details are as follows
Issue Open : 18/04/2011
Issue Close : 21/04/2011
Price Brand : Rs 160 – Rs 175
Minimum Application : 40 Shares
Face Value : Rs 10 / share
Price band Looks very much on the higher side . If you are risk taker ,you can apply for this IPO for an immediate gain of 15 % . If you are a long term investor you can get into this share at a much lower rate after listing as this share is fundamentally strong.
Now coming back to this IPO, Muthoot Finance Ltd is the Kerala - based largest gold financing company in India in terms of loan portfolio. Muthoot Finance provides personal and business loans secured by gold jewellery or Gold Loans. They have 1605 branches across 20 states and two union territories in India.
Issue Details are as follows
Issue Open : 18/04/2011
Issue Close : 21/04/2011
Price Brand : Rs 160 – Rs 175
Minimum Application : 40 Shares
Face Value : Rs 10 / share
Price band Looks very much on the higher side . If you are risk taker ,you can apply for this IPO for an immediate gain of 15 % . If you are a long term investor you can get into this share at a much lower rate after listing as this share is fundamentally strong.
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