GauravBlog Logo

A Lion’s eye on the Bulls and Bears

“In India, companies may fall sick, but promoters rarely do!”

Gaurav's Blog

Categories

VALUATION

Facebook IPO Price Fixed at US $ 38…Historic and Much Awaited Nasdaq Listing sees Record Volumes but Underwriting support to not let Price drop below US $38…Zuckerberg how about an Indian listing !?

On the Face of it Never Judge the Book by It’s Face !….that’s the lesson learnt from Facebook’s lack lustre Listing yesterday  Facebook IPO Price Fixed at US $ 38…Historic Nasdaq Listing sees Record Volumes and Underwriting support to not let Price drop below US $38…Quotes were expected to cross US $ 50…Never happened….Instead FB …

Facebook IPO Price Fixed at US $ 38…Historic and Much Awaited Nasdaq Listing sees Record Volumes but Underwriting support to not let Price drop below US $38…Zuckerberg how about an Indian listing !? Read More »

IPO of Speciality Restaurants Ltd Opened yesterday to a Poor Response…Seems The Pricing of it’s IPO and at even it’s Restaurants is out of Reach of the Public ! even today the subscription level is barely just over 2%…

Issue Size 9978503 100%   Cumulative Bid Quantity 223120 2.24% IPO of Speciality Restaurants Ltd Opened yesterday to a Poor Response…Even on the second day today as at 5 pm the Issue was subscribed just over 2%  from data culled from the BSE and NSE websites as reflected above …The Pricing is in the Band …

IPO of Speciality Restaurants Ltd Opened yesterday to a Poor Response…Seems The Pricing of it’s IPO and at even it’s Restaurants is out of Reach of the Public ! even today the subscription level is barely just over 2%… Read More »

Sensex Prepares to break 16000 on the downside as Greece prepares for fresh elections…IPO Woes continue…another one bites the dust…Plastene India withdraws issue as received poor response…Interestingly SEBI continues Expansion Spree !…and Reliance continues to Buy back it’s shares !

Now you know why I’ve not been, of late, Valuing IPOs on this Blog …because of the high probability of them being withdrawn either because they are unworthy in the first place or simply overpriced or dangerously both ! IPO Woes continue…another one bites the dust…Plastene India withdraws issue as received poor response…Yesterday evening,Book Running …

Sensex Prepares to break 16000 on the downside as Greece prepares for fresh elections…IPO Woes continue…another one bites the dust…Plastene India withdraws issue as received poor response…Interestingly SEBI continues Expansion Spree !…and Reliance continues to Buy back it’s shares ! Read More »

Reliance breaks Rs 700 on the downside yet again …this should test conviction of even loyalists…the name ‘Reliance’ appears to be a misnomer and misplaced too !

The Name ‘Reliance’ is a misnomer and misplaced  here….and not for the first time either ! Reliance breaks Rs 700 on the downside yet again…Two days ago on May 8,2012 to it recorded  it’s 52 Week Low of Rs 671 ……this should test conviction of even loyalists Closing at Rs 695,Reliance’s Market Cap is Rs …

Reliance breaks Rs 700 on the downside yet again …this should test conviction of even loyalists…the name ‘Reliance’ appears to be a misnomer and misplaced too ! Read More »

Lack ‘Lustre’ Listing by Mumbai based Jeweller Tribhovandas Bhimji Zaveri…IPO at Rs 120 but Listing barely manages to touch this Price and closes lower at Rs 111

SEBI had tightened IPO Listing Rules in January 2012 to curb first days price volatility and manipulation by insiders….these are now implemented….IPO Issues below Rs 250 crs will be listed on only Delivery basis for the first ten days after listing and will have 5% tight circuit breakers on an equilibrium price discovered in a …

Lack ‘Lustre’ Listing by Mumbai based Jeweller Tribhovandas Bhimji Zaveri…IPO at Rs 120 but Listing barely manages to touch this Price and closes lower at Rs 111 Read More »

IPO Failure : Samvardhana Motherson Finance Ltd issue closed today with just a shade over 23% subscription…BRLMs Standard Chartered Securities and J P Morgan India and Selling Shareholders decide not to proceed with the Issue

The Idea of this Blogpost is not to rub salt on the wounds but to again expose the twins Greed and Fear that characterize our markets …either the two BRLMs grossly overestimated their own ability or they grossly underestimated the intelligence of Investors or both ! IPO of Samvardhana Motherson Finance Issue closed today grossly …

IPO Failure : Samvardhana Motherson Finance Ltd issue closed today with just a shade over 23% subscription…BRLMs Standard Chartered Securities and J P Morgan India and Selling Shareholders decide not to proceed with the Issue Read More »

Scroll to Top