InterGlobe Aviation IPO — Flying Higher with Stellar Listing

InterGlobe Aviation IPO — Flying Higher with Stellar Listing We had recommended to subscribe to InterGlobe Aviation IPO here Indigo IPO – Can You Fly High?. There was a lot of negativity around the dividend stripping issue and aircraft trading business of Indigo; the retail portion was not even fully subscribed in the IPO. Yet, the stock has listed at 15% premium to its issue price of Rs. 765 indicating that investors could have reposed confidence in the strong business fundamentals and pa...
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Interglobe Aviation IPO – Can You Fly High?

Interglobe Aviation IPO – Can You Fly High? “A recession is when you have to tighten your belt; Depression is when you have no belt to tighten. When you’ve lost your trousers – you’re in the airline business” – Sir Adam Thomson The Wright brothers, inventors of airplanes, would have squirmed in their seats on hearing the above words. But, these words aren’t entirely off the mark – there are few profitable airlines in the world. India had a Kingfisher Airlines which went bust but it also has...
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SH Kelkar IPO – Should You Smell this Fragrance?

SH Kelkar IPO – Should You Smell this Fragrance? The company’s name may sound unknown, boring and most of us may not even recall using the company’s products. But there is a very high probability that we could have almost daily felt its fragrances in umpteen FMCG products that we use. This company is coming out with an IPO; read on to know whether the chemistry of the company’s fragrances augurs well for the arithmetic of your portfolio. Business Summary   SH Kelkar& Company is one ...
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Coffee Day Enterprises Ltd IPO – Can it Brew Good Returns?

Coffee Day Enterprises Ltd IPO – Can it Brew Good Returns? Most of us have been avid customers of CafĂ© Coffee Day, a chain of retail coffee shops, at some point of time. Its parent company has now come out with an IPO and we present our view and the details below: Issue Details Issue Open Date 14th Oct, 2015 Issue Close Date 16th Oct, 2015 Issue Size (Rs. crores) 1,150 Issue Price (Rs.) 316 to 328 Type of Issue 100% Fresh Issue Market Lot 45 shares ...
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PFC Tax Free Bonds – Should You Invest?

PFC Tax Free Bonds – Should You Invest? The tax-free bonds party continues! After NTPC Tax-free Bonds blockbuster issue in Sep, 2015, comes another Govt backed company with its tax free bonds issue. Power Finance Corporation (PFC) is India’s leading NBFC providing funding to power projects. It will open its tax-free public issue of bonds of Rs. 700 crores for subscription. PFC was among seven state-run entities which was given permission to raise Rs. 40,000 crores in the current fiscal year thr...
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Hawkins Cookers Fixed Deposit – A Good Fixed Income Opportunity

Hawkins Cookers Fixed Deposit – A Good Fixed Income Opportunity Most of us have a chunk of our investments in financial assets in Bank Fixed Deposits. However, it’s a well known fact that tax-adjusted returns from Bank Fixed Deposits fail to beat the inflation or may actually give negative real returns after adjusting for tax and inflation. Hawkins Cookers, the company which is a household name, courtesy of its iconic Hawkins cookers and cookw­are, has come out with an attractive Fixed Deposi...
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Massive Market Tumble – Get Your Stock Shopping Bags Ready

Massive Market Tumble – Get Your Stock Shopping Bags Ready Get Your Stock Shopping Bags Ready After yesterday’s unprecedented market crash, we received several frantic and panicky phone calls and queries from umpteen investors as well as non-investors in the stock market. But what surprised us the most was the pace of information dissemination in the “whatsapp era”. There were queries from housewives, professionals and others whose daily routine has little to do with stock markets and yet ...
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Memo 13 – Get your Stock Shopping Bags Ready!

We were surprised to receive mid-day phone calls from our relatives asking us “Is everything ok at your office? I hear that markets have crashed in a big way”. While the mid-day call wasn’t unusual, what surprised me was the pace of information dissemination in the “whatsapp era”. Our relatives work in IT, FMCG and non-market related sectors and their profession or daily routine has little to do with stock markets and yet the reverberations of stock market crash reached them almost immediately t...
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The Confidence Effect in Money Matters

The Confidence Effect in Money Matters The sharp fall in stock prices of companies laden with some debt had its latest victims – We happened to get distress calls from several investor with little more than two years of investing history, complaining “Is stock market less safe a place than it used to be?” Again, we searched for answers through teachings of some of the greatest all time investors and reverted to the distressed investor that probably, stock markets were never a safe place in...
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How Much Should I Invest in Equities?

How Much Should I Invest in Equities? “How much should I invest in Fixed Deposits (FDs), Stocks, Gold & Real estate?” We encounter this elementary question almost daily while interacting with several salaried and self-employed individuals. Well, if this question has haunted you at some point of time or even worse, if you’ve never thought about your investments in this fashion, then it’s time for you to take charge and read on. In case you are not convinced about investing in equities for ...
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