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You would have heard this term EPS or earning per share many times from many fundamental analyst But you may still wonder what is this EPS. It is a ratio that denotes the net profit or loss credited to the share holders for every share held. It is a widely used financial ratio that plays a vital role in valuation of the shares of the company. [Read more…]
Sujata Burla’s life took an ugly turn on June 9, 2001. On a pilgrimage to Shirdi, where the Sai Baba temple in Maharashtra is located, from Hyderabad, she met with an accident. [Read more…]
The concept of doubling your wealth has little meaning without a specific time frame. If you have any income-producing investments,they will eventually double your wealth without your having to do anything . But doubling your wealth within a target time period calls for some planning. [Read more…]
You would have applied for different IPO ,then waited for its allotment .But you can calculate the allotment for yourself. You can easily know whether you will get the allotment of shares which you have applied in the IPO . [Read more…]
Indiabulls Power Limited IPO is going to hit the market .The IPO of 390, 700,000 equity shares, including a green shoe option of retaining 50,900,000 equity shares will open for subscription on October 12, 2009 and close on October 15. Indiabulls Power, a subsidiary of Indiabulls Realty has fixed its initial public offering (IPO) price band at Rs 40-45 per shareThe objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:
1. To part finance the construction and development of the 1,320 MW Amravati Power Project Phase – I;
2. Funding equity contribution in the Company’s wholly owned subsidiary, IRL, to part finance the construction and development of the 1,335 MW Nashik Power Project; and
3. General corporate purposes.
Indiabulls Power Ltd IPO Grading / Rating
CRISIL has assigned an IPO Grade “3/5” (pronounced “three on five”) to Indiabulls Power Ltd IPO. This means as per CRISIL, company has average fundamentals. CRISIL assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals
Indiabulls Power Ltd IPO Lot size
Indiabulls power has Market Lot size of 150 Shares .This means you have to apply for at least 150 shares .
Indiabulls Power Issue Detail
Issue Opens on Oct 12, 2009 and will close on Oct 15, 2009
Issue Size is of 339,800,000 Equity Shares of Rs. 10
Issue Price: Rs. 40 – Rs. 45 Per Equity Share
Market Lot: 150 Shares
Minimum Order Quantity: 150 Shares
Listing At: BSE, NSE
Registrar :Karvy Computershare Private Limited http://karisma.karvy.com
Gujarat NRE Coke may soon announce a NCD to raise $200 million.Gujarat NRE coke will use this money to empower itself in the power sector.Expected interest rates are not announced till now .NCD opening and closing date will be updated as soon as the company announce its details.
India’s second largest oil exploring company OIL India will be open for subscription from Monday September 07, 2009 to September 11 2009 .Oil India Ltd. is coming up with an IPO of 2,64,49,982 Equity Shares each having a face value of Rs. 10/- each. Oil India Ltd is an Indian National Oil Company, engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG.
Oil India IPO Grade by CRISIL
Credit Rating Agency CRISIL has assigned IPO Grade 4 to the upcoming Initial Public Offer(IPO) of Oil India Ltd. with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. IPO Grade 4 from CRISIL indicates that the company has above average fundamentals.
Oil India IPO Bid Lot
The price band for the IPO is fixed at Rs.950/- to Rs.1050/- per equity share.
Minimum Application for shares in Nos (Book built portion) : 6
Minimum Application for shares in Nos (Fixed price portion) : 6
Further muliples of : 6
Oil India IPO Details
Issue Size: 2,64,49,982 Equity Shares of Rs. 10/- each
Issue Opens on: Monday, September 07,2009
Issue Closes on: Friday, September 11, 2009
Price Band: Rs.950/- to Rs.1050/- per equity share
Lead Managers: JM Financial, Morgan Stanley, Citigroup, HSBC Sec.
Registrar: Karvy Computershare Pvt. Ltd.
I compared ONGC and OIL and found that
EPS on current capital Rs. 101/-
EPS on Enhcanced Capital after IPO Rs. 45/-
Current EPS Rs. 64.44
PE : RS. 18/-
So fair value of OIL as compared to ONGC should be
45 X 18 = Rs. 810
Therefore I personally feel that its price is slightly more.So Cairn india is a best bet will surpass it easily,in couple of year production of 7 billion tonnes.start accumulating at present or even at 250 level
NHPC allotment show is finally over. I congratulates those who have got the shares .Now who have got and also those who have not got must be worried about getting their money back .Here are the rules for refund
once allotment is finalized , Issuer submits shares and they are paid the money by Escrow Banks or ASBA bank, simultaneously these shares are credited in applicants demat a/c and refund auto generated is made as below
1. by ECS if you are in cities covered for ECS centers , list of same is printed on first page of application form too.this process complets in two /three days after allotment and depending on city
2.ASBA applicants also get money unblocked in same time
3. If you are not covered in ECS centre then by cheque which may take 3 to 7 days due to postal delays.
Generaly all refunds are recieved by applicants by the Listing date.
IF you still do not get your money back by due date you can contact
Mr M Murali Krishna KARVY TOLL FREE NO 1800-345-4001 EMAIL ID [email protected] 040-23420815
NHPC shares allotment is finally over you can check your allotment status by clicking the link below