From Nov 1 this year, BRLMs have to disclose their past track record in managing the IPOs. Starting from today First Choice IPO will publish the track record of all merchant bankers. We shall start with the so called number ‘one’ merchant banker in the country – Kotak Mahindra Capital. The statistics is for the period starting from 01-01-10 till date. Along side, the recommendations of the First Choice IPO are also mentioned. Judge yourself.
NAME OF THE COMPANY |
MONTH |
ISSUE PRICE |
CMP 13-10-11 |
FIRST CHOICE RECOMMENDATIONS |
VASCON | 2010 JAN |
165 |
49 |
AVOID |
DB REALTY |
JAN |
468 |
52 |
AVOID |
JUBILIANT FOOD |
JAN |
145 |
900 |
AVOID |
NTPC |
FEB |
201 |
174 |
AVOID |
HATHWAY |
FEB |
240 |
102 |
AVOID |
REC-FPO
|
FEB |
193 |
178 |
INVEST |
NMDC-FPO |
MAR |
300 |
252 |
INVEST |
NITESH ESTATES |
APR |
54 |
17 |
AVOID |
JAYPEE INFRA |
MAY |
102 |
51 |
AVOID |
STD. CHRTD. BK IDR |
MAY |
104 |
88 |
INVEST |
SKS MICRO |
JUL |
985 |
218 |
AVOID |
HM MEDIA VENTURE |
JUL
|
166
|
146 |
INVEST |
BAJAJ CORP |
AUG |
660 |
510 |
INVEST |
GPPL |
AUG |
46 | 73 | INVEST |
TECPRO | SEP | 355 | 213 | INVEST |
EROS | SEP | 175 | 253 | INVEST |
OBEROI REALTY | OCT | 260 | 231 | INVEST |
COAL INDIA | OCT | 245 | 332 | INVEST |
PRESTIGE ESTATES |
OCT 2010 |
183 |
109 |
AVOID |
TATA STEEL FPO |
JAN 2011 |
610 |
454 |
INVEST |
MUTHOOT FINANCE |
APR 2011 |
175 |
170 |
INVEST |
FUTURE VENTURES |
APR 2011 |
10 |
9 |
AVOID |
if anyone invest in hangsangBEES ETF on NSE, and yuan appreciate in long term, what would be the impact in rupee term on the investment?
ReplyDeleteif HK$ appreciate ?
ReplyDeleteWe do not track HK$.
ReplyDeleteYuan is monitored, controlled currency, better not to trade in that currency.
ReplyDelete