Friday, October 14, 2011

KNOW YOUR BRLM – KOTAK MAHINDRA CAPITAL COMPANY

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

4 comments:

  1. 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?

    ReplyDelete
  2. if HK$ appreciate ?

    ReplyDelete
  3. Yuan is monitored, controlled currency, better not to trade in that currency.

    ReplyDelete