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Showing posts from October, 2017

New India Assurance Company Ltd IPO............. Should you apply????

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Hello friends
A new month and fresh supply of IPOs are starting. Let’s get you the front row tickets to the premier as it’s gonna be amazing this month as well. The one we are going to talk about today is New India Assurance Company Ltd a Government of India Company.


Let’s get to the basics of it.
Particulars Details Issue Open Date 1st November 2017 Issue Closing Date 3rd November 2017 Issue Price Band Rs 770 to Rs 800 Issue Size Rs 9600 Crs Shares per Lot 18 Shares Face Book Rs 5 /-


About the Company!!!
New India Assurance is the largest general insurance company in India in terms of net worth, domestic gross direct premium, profit after tax and number of branches as of and for the fiscal year ended March 31, 2017 (Source: CRISIL Re

Mahindra Logistics Ltd IPO............. Should you apply????

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Hello friends
A new month and fresh supply of IPOs are starting. Let’s get you the front row tickets to the premier as it’s gonna be amazing this month as well. The one we are going to talk about today is Mahindra Logistics Ltd from the house of Mahindra.


Let’s get to the basics of it.
Particulars Details Issue Open Date 31st October 2017 Issue Closing Date 2nd November 2017 Issue Price Band Rs 425 to Rs 429 Issue Size Rs 829.36 Crs Shares per Lot 34 Shares Face Book Rs 10/-


About the Company!!!
Mahindra Logistics Ltd is one of India’s largest 3PL solutions providers in the Indian logistics industry which was estimated at Rs 6.40 trillion in Fiscal 2017, according to the CRISIL Report. It offers customized and end-to-end logistics solutions and services includi

Reliance Nippon Life Asset Management Ltd IPO............. Should you apply????

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Hello Friends,
We are in the last week of the month and this month has seen lesser IPOs than the previous months. Another one lined up is Reliance Nippon Life Asset Management Ltd which was formerly known as Reliance Capital Asset Management Ltd. The company is in the business of providing life insurance.


Lets first look at the basics.
Particulars Details Company Name Reliance Nippon Life Asset Management Ltd Issue Open Date 25th Oct 2017 Issue Closing Date 27th Oct 2017 Issue Price Band Rs 247 to Rs 252 Issue Size Rs 1542.24 Crs Shares per Lot 59 Shares


About the company!!!
The company is in the business of life insurance. But along with life insurance it also provides

Indian Energy Exchange Ltd IPO....... Should you apply????

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Hello friends,
This is the second IPO of October and so far all the IPOs are having an awesome run at the markets. This actually reminds me of the situations in 2004 to 2007 when IPOs were riding on a power horse. However many IPOs that came out then lost huge market value and today are trading in pennys. As I see today those situations are surfacing. However let’s hope that the tides have changed and investors make good money in the IPOs to come.


The IPO we are talking about today is Indian Energy Exchange Ltd(IEX). Lets first look at the basics.
Particulars Details Company Indian Energy Exchange Ltd Issue Open Date 9th October 2017 Issue Closing Date 11th October 2017 Issue Price Band Rs 1645 to Rs 1650 Issue Size Rs 1000.73 Crs Shares per Lot 9 Shares Face Book

Mas Financial Services Ltd IPO....... Should you apply????

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Hello Friends,
This is the second IPO of October and so far all the IPOs are having an awesome run at the markets. This actually reminds me of the situations in 2004 to 2007 when IPOs were riding on a power horse. However many IPOs that came out then lost huge market value and today are trading in pennys. As I see today those situations are surfacing. However let’s hope that the tides have changed and investors make good money in the IPOs to come.


The IPO we are talking about today is Mas Financial Services Ltd. Lets first look at the basics.
Particulars Details Company Name Mas Financial Services Ltd Issue Open Date 6th Oct 2017 Issue Closing Date 10th Oct 2017 Issue Price Band Rs 456 to Rs 459 Issue Size Rs 460.04 Crs Shares per Lot 32 Shares


About the company!!!