Small caps and mid caps are the darlings of the market again and outperforming the index stocks. Let’s examine the performance of small cap index over the last 5 years: NIFTY small cap saw a one-way rally from 4,900 levels in April 2016 to 9,580 by Dec 2017. This was followed…
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There are 4 IPOs hitting the markets this week. Our views are as below: Both Shyam Metalics and Krishna Institute of Medical Sciences (KIMS) have a good estimated grey market as of June 15, 2021 and we are subscribing to both in anticipation of listing gains. We are avoiding the other…
Leave a CommentPower grid InvIT has several pluses like strong sponsor, demand for power transmission assets expected to remain very strong etc. But it should be noted that IRR over the life of the existing contracts is approximately 8.5% pre-tax. (Yield of 11-12 % which is being marketed by some distributors is…
Leave a CommentWe had shared our positive view on MTAR IPO about 10 days ago. It listed at around 90% premium to issue price. However, allotment success rate was low due to high oversubscription. We have a slew of IPOs in next 7 days. Below are details: Both Nazara Technologies and Laxmi…
Leave a CommentCurrent Grey Market premium is estimated at 80%. Retail category has been subscribed 15.05 times and HNI/Non-Institutional category has been subscribed 6.86 times as on end of today i.e. 4th March, 2021 (second day of IPO). Subscription is expected to increase further. We are applying through our savings (ASBA ) accounts…
Leave a CommentThe next upcoming IPO is Brookfield REIT (Feb 3 to Feb 5). We have a positive view on this IPO. First a quick primer on what REITS are What are REITs : In simple words, REITs or Real Estate Investment Trust units are fractional or part ownership of real estate…
Leave a CommentThe past few days have had a few IPO listings – IRFC, Indigo Paints and Home First Finance. Let’s have a look at how these IPO’s fared: As you can see, due to high oversubscription gain as % of amount bid was much lower than listing gain % We have…
2 CommentsCurrent Grey Market premium is estimated at 30%. Lower Grey market premium may see lower oversubscription thus increasing chances of allotment. We are applying.
Leave a CommentCurrent Grey Market premium is estimated at 60% HNI / Non institutional category is already oversubscribed 117 times as on 13:30 hours of Jan 22 (last date of IPO) and will increase further. Therefore, amount allotted as a percentage of amount bid for will be less than 1% We are applying with…
Leave a CommentThis part of the blog is for only and only those who have appetite for some risk on equity investing. Investing in high demand IPOs using ASBA and selling on listing is another way to enhance savings accounts returns with some measured risk. So, your surplus funds are now earning…
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