WTF ! JUST DON’T DIAL ! That’s My First Take on the ‘Just Dial’ IPO ! How can SEBI,Exchanges,MOF,Company Law Board even allow this IPO of just under Rs 1000 crs ! ~ there are no real Objects to the Issue as it is fully an Offer For Sale by Existing and Part Exiting Promoters …
My First Take on Just Dial IPO ~ WTF ! JUST DONT DIAL ! Read More »
Nearly Five Years ago on July 21,2008 I had covered Nirma refusing to honour their committment of an Open Offer to Shree Rama Multi-tech Shareholders and that the matter was before the Supreme Court Nirma disallowed to withdraw offer for Shree Rama Multi-tech Monday, July 21st, 2008 I have posted this Update on the above …
Upfront Disclaimer : Neither My Family nor I have ever owned Khoday India Shares and don’t know of any who have or do, except perhaps RR ,a blog reader and pretty well informed and savvy investor too, who conveyed in a private email his dismay and disgust on what Khoday is upto ~ he may …
Finolex Industries on 20% upper circuit @ Rs 120 on excellent FY 13 numbers~but continues to drag Derivative Loss Disputes for last 5 years The Pune based Finolex Industries promoted by the Chhabrias and India’s largest manufacturer of PVC Pipes & Fittings has produced stellar results for FY 13.Last it performed like this was in …
Emkay Global @ Rs 17 in trouble as NSE rejects application to annul trades of October 5 2012 On October 5,2012 Emkay Global suffered a Loss of Rs 51 crs on squaring up trades that were executed from a Templeton order punched in by a dealer erroneously in more quantum than it should have been …
Inefficient Markets or Inefficient Valuation !? ~ Saint-Gobain Sekurit India (SGSI) is to amalgamate into Grindwell Norton (GN) The Ratio is One Share of GN of Face Value Rs 5(currently quoting @ Rs 259) for every 17 shares of Face Value Rs 10 of SGSI (currently on lower circuit of Rs 2o.25 ) Of course …