Category: India IPO Reviews and Updates

Indians are blind and mad about the Reliance brand. At a time when the Western world is increasingly protesting against Dirty Coal Plants, Anil Ambani’s Reliance Power wants to establish half a dozen such coal plants in India, making our lives a HELL. Google board member, John Doerr is willing to fund any alternative energy that can shut down coal plants. Anil Ambani must sacrifice his greed [to beat Mukesh Ambani’s Wealth] which he has carefully put across Indians as Roti, Kapda, Makaan aur Power/Bijli and cheating the Indian investor by raising Rs 11,000 crore. (more…)

The IPO of Future Capital Holdings was oversubscribed in a MAD RUSH by FIIs and Retailers by more than 133 times at 21:30 hours on the closing day.

1 Qualified Institutional Buyers (QIBs) 180.7221 Times
2 Non Institutional Investors 84.3815 Times
3 Retail Individual Investors (RIIs) (more…)

Based on our discussions with various companies we have compiled the list of various companies going Public to raise money in the Indian capital markets in Jan-08 and Feb-08. Price Range + Name of the Company + Total Issue Size is as below

In January,
Rs 700-765 Future Capital Holding Ltd Rs 495Crore
Rs 405-450 Reliance Power 10260cr-11503 cr
J Kumar Infraprojects Ltd. 100 CR
Manjushree Extrusions Ltd 35.7
Gammon Infra Projects 350+CR
Cords Cable Industries Ltd 100CR
KNR Constructions Ltd. 140-150 CR (more…)

Future Capital Holdings Limited (FCH) is the financial services arm of the Future Group. Expansion of investment advisory and retail financial services business are the future revenue drivers for the company.

Future money, the brand name for retail financial services business is expected to benefit from synergies within the business group as in the area of retail financial services, FCHL has the exclusive right to provide financial products and services at present and future malls, stores and retail outlets in India which are owned, controlled or managed by PRIL and its subsidiaries. (more…)

The year 2007 saw Indian IPO Market scaling new records. In 2007, 112 stock got listed on NSE/ BSE 3 out of 10 gave a return of more than 100%, five outperformed BSE – SENSEX and 3 are trading below issue price. IPOs are selling like hot cake in India because of the simple reason that it gives easy money when the investor chooses the IPO on our recommendation. However, the big challenge was Getting allotment in IPO, which is just like lottery and it depends more on luck if the IPO is like that of most sought after (more…)

On the first look, the Reliance Power IPO looks like the most expensive IPO. In race to beat his elder brother Mukesh Ambani, Anil is raising money at a premium on ventures still on Paper and Brains 🙂

IPO money is being raised to execute about 7,000 MW of capacity expected to go on stream by 2012. If all goes perfectly (more…)