Investment Opportunity: Equitas Holdings IPO After a turbulent phase in Jan-Feb, the stock markets have stabilized and IPOs have started hitting the shelves. One interesting IPO in the coming days is Equitas Holdings. At 1.7x post money book, the issue is reasonably priced and could deliver around 15% returns over the medium term. Equitas Holdings – Serving those who Serve You Ever wondered about the financial lives of our drivers, maids, delivery boys, security guards and domestic help...

Narayana Hrudayalaya IPO – Affordable Healthcare at Expensive Valuations? A visit to a hospital as a patient is the most undesirable event yet there’s no escaping it, when it becomes a necessity. In India, the high medical costs in private sector and the under-supply of public healthcare services, deprive a significant section of population from availing healthcare services. One such private company, Narayana Hrudayalaya, which is reputed to provide affordable healthcare services will be laun...

Dr Lal PathLabs IPO – Your Wellness Barometer More often than we desire, we are forced to face the needle and give our blood for testing. It’s never a pleasant experience to go to a pathology lab and face the needle. Wouldn’t it be wonderful if this entire experience was made a tad pleasant and a little more customer friendly? One company thought so and went on to completely change the customer experience. No brownie points for guessing that this company has been extremely successful and prof...

Alkem Labs IPO – Health for Customers, Wealth for Investors The company’s name may sound unknown, boring and most of us may not even recall using the company’s products. However, there is a high likelihood that your family doctor must have prescribed you medicines manufactured by this company. Alkem Laboratories is the 5th largest pharmaceutical company in India (in terms of domestic sales) and has a portfolio of 736 brands across therapeutic segment. The investment arguments have been enumer...

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...

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...

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 ...

Coffee Day Enterprises Ltd IPO – Can it Brew Good Returns? Most of us have been avid customers of Café 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 ...