Archive for the ‘IPO’ Category

Midvalley Entertainment IPO: There are no fundamentals

SIMPLY AVOID THIS ISSUE Midvalley Entertainment Limited is tapping the capital markets with its IPO to raise Rs 60 crs in a price band of Rs 64-70. The issue will raise Rs 60 crs and this is the 5th attempt at raising resources through a public offering. Price Band  Rs 64 – Rs 70  Issue […]

C.Mahendra Exports IPO: Issue subscribed

C.Mahendra Exports Limited which had launched its IPO for 1.5 cr shares in a price band of Rs 95-110 was oversubscribed 2.78 times. This IPO had created history by opening in 2010 and closing in 2011. The issue had opened on Friday the 31st of December 2010 and closed on Thursday the 6th of January […]

C.Mahendra Exports IPO: Avoid as sector has never rewarded investors

Issue offers little scope for appreciation C.Mahendra Exports Limited is tapping the capital markets with an IPO which has opened on Friday the 31st December 2010 and will close on Thursday the 6th of January 2011. The issue is for 1.5 cr shares in a price band of Rs 95-105. Price Band  Rs 95 – […]

Subscribe to RSS Feed Follow me on Twitter!