IPO NEWS - India IPO Market

Manganese Ore Ipo band ????????

2010-10-24T06:00:00.000-07:00

Managanese ore india limited .

Eps for Fy -11 expected - Rs 35 ..

Fair Value - Rs 450 (15 month basis forward )

We advise a Strong Apply if it is priced below Rs 300 ...and Retail investors get 5 % discount .

if its over priced ...avoid it .... it wont be a coal india like ipo for sure ..........

Watch out for more coverage on this ipo shortly once price band is announced .

Happy investing .

Coal india ipo - pricey bet ????????????????

2010-10-12T11:50:00.000-07:00

Coal India ipo at 225 -245 looks a bit expensive

Though Retail investors would get 5 % discount , there would have been more margin of safety if priced in 190-200 range

But long term investors who can hold for 5 years , this is good bet ...... one can see a price of Rs 500 in 5 years time easily .

more detailed analysis in ipoplus blog shortly .

Ipos most valued now

2010-10-07T11:32:00.000-07:00

Ipo Valuations at high levels :

The bull run in the market is fuelling the greedy promoters and BRLMs to make quick bucks on the market.

some of Ipos are much overvalued :

1. Prestige Estates - Can be avoided - much overpriced - they should have priced below 100 to make it good for investors .

2. Orient Green Power- Too overvalued ---- ideal price for entry- Below Rs 35 , one may see that price very soon

3. Ramky infra - too priced on higher side - better enter below 400 Rs

None of ipos are cheap now , so be careful in investing ..

More regular news shortly .