Category: India IPO Reviews and Updates

We are posting a fundamental review on National HydroPower Corporation Ltd ahead of its planned IPO.

NHPC’s current capacity is 5,170MW and plans to add 5,320MW in the 11th plan, of which 1,030MW has already been commissioned. NHPC plans to further add 13,360MW in the 12th plan. The company generated 14,813mn units in FY08 and recorded a turnover of Rs23bn and net profit of Rs10bn. Total assets as on March 31, 2008 were Rs285bn and net worth was Rs175bn. (more…)

The Power ministry is looking to get three of Government controlled power companies listed over next few months. The first to hit the market will be National Hydro Power Corporation (NHPC). Other companies on ministry’s radar include Damodar Valley Corporation (DVC) and North Eastern Electric Power Corporation (NEEPCO).

We have reliably learnt that Delhi government may pick up 20% stake in DVC’s upcoming subsidiary.The ministry may give its go ahead to DVC’s IPO once the company floats its subsidiary. DVC has already appointed a consultancy firm towards finding the right path to equity market. The Delhi government may pick up 20% stake in DVC’s upcoming subsidiary as the company will become a major source of power to the state.

NTPC’s follow on public offer is also in the offing.

KSK Energy Ventures gets a listing of discount on the bourses. KSK Energy Ventures got listed at Rs 220 on the BSE down by Rs 20 compared to its issue price of Rs 240.

The scrip is currently trading at Rs 195.35 and has touched a high of Rs 234.80 on the BSE. (more…)

Archidply Industries Limited (Archidply) is a modern manufacturer of wood panel and decorative surfacing products with its plants at Rudrapur, Uttarakhand, Mysore, and Karnataka. Archidply is the flagship company of the Archidply group, and has been
associated with plywood manufacturing for more than 30 years under the brand Archidply. (more…)

The Indian Real Estate stocks continued to witness heavy selling from almost all the corners [Retailers & FIIs]. Unlike Jan-22nd crash [unwinding of leveraged positions], this fall is due to massive unloading by INVESTORS in cash market holding stocks. Almost all the stocks have hit 52 week low. (more…)

The recently concluded IPOs of Anu’s Labs and Gokul Refoils and Solvent were listed on the bourses today.

On a day of Bloodbath on the exchanges, Anu’s Lab managed to hold below the issue Price of Rs 210. The stock listed at Rs 260 made a high of Rs 288 and finally closed at Rs 268, giving 27% returns to investors in this IPO. (more…)