Category - IPO/FPO Analysis

Bharat Bond ETF: Is it worth it?

What is Bharat Bond ETF? The government has approved the launch of Bharat Bond ETF and it will be launched by Edelweiss AMC. India’s first corporate bond exchange-traded fund, comprising a debt of state-run...

Ujjivan Small Finance Bank IPO Review: Risky business model; Only for aggressive

Ujjivan Small Finance Bank Ltd IPO Details: Issue Open: Dec 02nd, 2019 – Dec 04th, 2019 Issue Type: Book Built Issue IPO Issue Size: 208,333,333 shares (Upto ₹750.00 Cr) Face Value: ₹10 Per Equity Share Issue Price: ₹36...

CSB Bank IPO Review – Risky; Avoid

CSB Bank IPO Details: Issue Open: Nov 22nd, 2019 – Nov 26th, 2019 Issue Type: Book Built Issue IPO Issue Size: 21,021,821 shares (Upto ₹409.68 Cr) Face Value: ₹10 Per Equity Share Issue Price: ₹193 to ₹195 Per Equity...

IRCTC IPO

Issue Open date: 30th Sept 2019 Issue Close date: 3rd Oct 2019 Equity shares offered: 2.01 Cr Price Band: 315-320 Issue Size: 645 Minimum lot size: 40 Retail investor discount: Rs. 10 (less than Rs. 2 lac) Purpose of...

HDFC AMC IPO

Issue Open:Jul 25, 2018 – Jul 27, 2018 Issue Type: Book Built Issue IPO Issue Size: 25,457,555 Equity Shares of Rs 5 aggregating up to Rs 2,800.33 Cr Face Value: Rs 5 Per Equity Share Issue Price: Rs 1095 –...

Lemon Tree Hotels: Decent Company, stretched valuations.

Lemon Tree Hotels IPO Details: Issue size: 1,036 Cr. of shares: 18.5 Cr Equity Shares Price band: 54-56 Bid Lot: 265 and in multiple of 265 Issue opens on: 26th March 2018 Issue closes on: 28th March 2018 Objective of...

Hindustan Aeronautics Ltd (HAL) IPO: Good company; Modest valuations

IPO Details: Issue size: Rs.4,113 Cr – 4198 Cr No. of shares: 34,107,525 Equity Shares Price band: Rs. 1,215 – 1,240 Bid Lot: 12 Shares and in multiple Retail & Employee Discount: Rs.25/per share Issue opens...

Bandhan Bank IPO: Micro-Finance focused bank, valued assuming no risk.

IPO Details: Issue Size – Rs 4,473 Cr Price band: Rs 370 – Rs 375 IPO size: Rs 4,413 Cr – Rs 4,473 Cr Subscription dates: 15 -19 March Post-IPO valuation: Rs 44,134 Cr to Rs 44,730 Cr Objectives of the...

HDFC Life IPO : Higher share of traditional policies but stretched valuations

Issue Date: Nov 7, 2017 – Nov 9, 2017 Face Value: Rs 10 Per Equity Share Issue Type: Book Built Issue IPO Issue Size: (Rs Crore) 8245-8695 Price Band: Rs 275 – Rs 290 per equity share No of Shares on Offer: 29.9...

GIC Re IPO : Good business; Punchy valuations

Issue Open: Oct 11, 2017 – Oct 13, 2017 Issue Type: Book Built Issue IPO Issue Size: 124,700,000 Equity Shares of Rs 5 aggregating up to Rs 11,372.64 Cr Face Value: Rs 5 Per Equity Share Issue Price: Rs 855...

Godrej Agrovet; Commodity business with scale advantage; valuation unjustified

Issue Date: Oct 4, 2017 – Oct 6, 2017 Face Value: INR 10 per equity share Issue Type: Book Built Issue IPO Issue Size: Fresh Issue: Rs 291 Cr Offer for Sale: Rs 866 Cr Issue Size: Rs 1157 Cr Price Band: Rs 450 – Rs 460...