power grid fpo

IPO 1186 views 2 replies

Vikash Maheshwari

learner

6358 Points Posted on 11 November 2010

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)

Shranik Baradia

Industrial Trainee

107 Points Posted on 12 November 2010

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".

Ramalingam K

Founder & Director - Holistic Investment

21077 Points Posted on 13 May 2014

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

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