Category Archives: IPO

Mixing Political Interests with National Interests – The big PSU Scam !

Samuel Johnson made this famous pronouncement that patriotism is the last refuge of a scoundrel on the evening of April 7, 1775 The favourite hobby of UPA politicians is to justify decisions made for their narrow Political Interests as National Interests, … Continue reading

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India Union Budget 2012/13 What matters most!

Thanks to the total failure of the UPA 2 Govt to govern, the problems i had talked about  in India Budget 2011/12 What matters most! have only worsened. Fiscal defect is 1.3% higher than estimate… Wow!!  something which will have to be funded by market … Continue reading

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ONGC Auction and its implications.

The ONGC auction process has been so opaque and confusing that one can safely assume some jugaad    by the Finmin /Disinvestment Min, to ensure that it attained the Fully Subscribed  status. My points to ponder 1.  Considering that the … Continue reading

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MCX IPO Update

MCX IPO is about to set a record in terms of demand.. Over subscription is .. appx 43 times as of now. These are Approx figures and i cant confirm full details or my source… QIB portion 41 times + … Continue reading

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MCX IPO review

MCX is as in common parlance a commodity mandi … an exchange that facilitates people to deals in different commodities. Here are the details : NSE LINK Here  Chittorgarh Here Symbol – Series MCX EQ Issue Period Feb 22,2012 to Feb 24,2012 … Continue reading

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Is India`s disinvestment without policy reform any good?

The govt has done policy hari-keri and has over borrowed to the hilt and will stare a big hole in its balance sheet as slowdown and stagflation hit the economy and bite into its tax revenues. The only real tool … Continue reading

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UPA celebrates as SCI teeters on the brink of financial collapse.

As the Shipping Corporation of India celebrated its golden jubilee today, our economist PM Mr MmS of Shanghai dreams fame was in Mumbai. Read PM gifts Mumbai a traffic jam The govt last week, had given a full page Times of India … Continue reading

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LnT Finance IPO

Larsen and Tubro is out with the ipo of its subsidiary LnT Finance. IPO DETAILS Symbol – Series LTFH EQ Issue Period July 27, 2011 to July 29, 2011 Post issue Modification Period July 30,2011 Price Range Rs.51 to Rs.59 … Continue reading

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The KYC muddle – Cant I exist in peace ?

In the good old times, no one  questioned your existence whenever you needed to get rice, open a bank account , get a telephone or get a gas connection or buy a fixed deposit or mutual fund. It was a … Continue reading

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Dealing with IPO Shares

If u consider stats the best thing to do is to flip an IPO because that will be the only way you make money 2 out of 3 times u invest. Business Standard has this great article on the underwriting … Continue reading

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