| Name | Date of listing | Issue Price | closing price | closing price | gain loss | change over |
| 5th March | 26th Feb | over week | lssue price | |||
| Jubilant Foodworks | 8th Feb | 145.00 | 258.00 | 226.80 | 13.76 | 77.93 |
| Vascon Engineers | 15th Feb | 165.00 | 128.20 | 132.15 | -2.99 | -22.30 |
| Syncom Healthcare | 15th Feb | 75.00 | 111.20 | 80.00 | 39.00 | 48.27 |
| Thangamayil Jewellery | 19th Feb | 75.00 | 71.85 | 71.10 | 1.05 | -4.20 |
| Aqua Logistics | 23rd Feb | 220.00 | 260.15 | 232.1 | 12.09 | 18.25 |
| DB Realty | 24th Feb | 468.00 | 439.10 | 436.9 | 0.50 | -6.18 |
| Emmbi Polyarns | 24th Feb | 45.00 | 25.45 | 27.7 | -8.12 | -43.44 |
| Hathway Cable | 25th Feb | 240.00 | 214.40 | 201.05 | 6.64 | -10.67 |
| ARSS Infrastructure | 3rd March | 450.00 | 791.40 | N A | 75.87 | 75.87 |
Performance of Newly Listed Shares 5th March
March 6th, 2010
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DQ Entertainment (International) completes Anchor Investment allocation
March 6th, 2010
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DQ Entertainment (International) Limited or DQ for short completed its anchor investment allocation today. The issue which opens on Monday the 8th of March and closes on Wednesday the 10th of March has a price band of Rs 75-80. The anchor investors have all come in at the top end of the price band.
There are a total of seven funds but five entities that have come in as anchor investors.
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The above allotment to anchor investors augurs well for the IPO of DQ which opens on Monday. The issue analysis would be covered over the weekend.
NMDC FPO: A perspective
March 5th, 2010
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NMDC Limited is tapping the capital markets with an offer for sale of 33.22 cr shares in a price band which would be available late in the evening on Monday the 8th of March 2010. The issue opens on Wednesday the 10th of March and closes on Friday the 12th of March 2010.
The company had its roadshow yesterday in Mumbai and based on the same some comments and views on the issue. NMDC is a listed entity with a very small float. The scrip closed yesterday at Rs 435.15 and the market cap at this price is Rs 172524 crs.
The question on everybody’s mind is at what price this issue would come at. This unlike NTPC and REC will not have a floor price but will have like all IPO’s a price band.
I believe the price band for this issue would be of the maximum permissible band of 20%. I also believe that to make a fair price for this share the government would not lay over-emphasis on the current market price and give due weightage to peer group valuations. In this context one should not be surprised if the price band at the upper band is slightly in excess of Rs 300. The underlying thought is to revive the capital markets and the interest of the retail and HNI categories.
One should remember that considering the public sentiment, there is a five percent discount to retail investors in this issue. As a concluding remark I believe that if these thoughts are echoed in the price band to be announced on Monday evening, the issue would garner support.
