power grid fpo

hi frends.......

after bumper success of coal india ipo ,i was wondering if one shud invest in power grid fpo.............it has got 8 times over subscribed til nw(11/11/2010) ,issue closes 4 retail and hni's tommorrow..........looking at the offer price,it seems to have been fairly priced as current mkt price is around 100-103,and retail investors wud get it at 85.5 ie after 5% dics if upper price band is fixed............so one can easily make rs.15-20 and cash in on listing gains and exit.............but i suggest investors shud trade cautiously and not invest heavily......

i m my self looking forward to invest money .........valuable suggestions r welcome.........

regards

Replies (2)

surely if market remains stable then fpo will end up giving good return.around say 20%.(on prima face).

but i think for long term i.e) for investors  this is good "investment".

Power Grid FPO great eg of what right pricing does: Kotak

 

 

 In an interview to CNBC-TV18, V Jayasankar of Kotak Investment Banking gave his reading of the market trend and the recently concluded Power Gird FPO.


Below is a verbatim transcriptt of the interview



Read more at: https://www.moneycontrol.com/news/market-outlook/power-grid-fpo-great-egwhat-right-pricing-does-kotak_1006450.html?utm_source=ref_article

 

 

Regards

Ramalingam K, MBA, CFP,                                                                                  

Director and Chief Financial Planner,

Holistic Investment Planners

“Best Performing Financial Advisor Award” Winners from CNBC TV18

www.holisticinvestment.in

(Follow us on):-

https://www.facebook.com/holisticinvestmentplanners

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