The 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…
1 CommentIs this how you feel when you look at your returns from liquid funds? Let’s change that feeling! So what are Liquid Funds ? Liquid Funds are Mutual Funds schemes that invest in very short term and safe debt instruments. Liquid Funds have a low risk of default but they…
4 CommentsIt was December, 2017. My cousin, Dr Amit Prabhu, called up and said “I am coming to Mumbai for a week, will stay with you. Can you arrange for 4 dozen eggs, 4 kg of paneer from a good quality source and 1.5 kg of plain peanuts?” I replied “Of…
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