It was an interesting week which went by. On the primary market front, Prakash Steelage Limited completed its IPO and was subscribed 4.53 times. Amongst the newly listed shares it was a mixed bag with Hyderabad based packaging company gaining 6.48% to close at Rs 180.65 and Hindustan Media Ventures Limited gaining 3% to close […]
Archive for the ‘Analysis’ Category
Week ahead to see two new listings and attempt to break out upwards
August 15th, 2010
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Prakash Steelage: Pricey, Leaves little upside at current levels
August 10th, 2010
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Prakash Steelage Limited has entered the capital markets with its maiden IPO which has opened on Thursday the 5th of August. The issue has closed for QIB’s and closes on Tuesday the 10th of August for HNI’s and retail investors. The price band is Rs 100-110 and the issue is for 62.5 lakh shares. Price […]
AVOID SKS Microfinance: Extremely Expensive and Hyped out of proportion
August 1st, 2010
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SKS Microfinance Limited is tapping the capital markets and the issue which has opened on Wednesday the 28th of July closes on Monday for other applicants while it has closed for QIB’s on Friday. The company had made an anchor allocation as well and a total of 30,22,484 shares were allotted to 36 entities at […]
