Upcoming IPO News, Analysis, Research & Recommendations
News around upcoming Initial Public Offerings or IPOs create a lot of buzz. Investors are interested in knowing the recommendation of whether they should subscribe or not. It is important to rely on unbiased research & expert analysis. The buzz around upcoming IPOs is often supported by the company which is doing an IPO, since it spends disproportionately to buy media space, conduct press conferences, do roadshows & PR. However, is an IPO worth all the hype? Many companies doing an IPO are not able to offer any significant returns to the investors & destroy wealth of investors. SP Tulsian & his team’s analysis of IPOs is well regarded in the financial industry for its detailed review & honest recommendation.

IPO Analysis

Dinesh Engineers

By Geetanjali Kedia about 4 months ago

Verdict :Prospective, with a catch! - IPO called-off
Subscription Start Date :28 Sep 2018 End Date :3 Oct 2018
Issue Size : 185 crore, Issue Type : Fresh
Price Band : Rs.183 to Rs. 185
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Listing Date : 11 Oct 2018,

Garden Reach

By Geetanjali Kedia about 4 months ago

Verdict :Yet to prove its mettle
Subscription Start Date :24 Sep 2018 End Date :1 Oct 2018
Issue Size : 340 crore, Issue Type : OFS
Price Band : Rs.114 to Rs. 118
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Overall Subscription : 1.02x
QIB : 1.81x,HNI :0.31x,Retail :0.24x,Other :0.14x
Listing Date : 10 Oct 2018, , Listing Price : 102.50

Aavas Financiers

By Geetanjali Kedia about 4 months ago

Verdict :Unaffordable Pricing
Subscription Start Date :25 Sep 2018 End Date :27 Sep 2018
Issue Size : 1734 crore, Issue Type : Fresh cum OFS
Price Band : Rs.818 to Rs. 821
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Overall Subscription : 0.97x
QIB : 2.77x,HNI :0.26x,Retail :0.25x
Listing Date : 8 Oct 2018, , Listing Price : 750

Ircon

By Geetanjali Kedia about 4 months ago

Verdict :Priced well
Subscription Start Date :17 Sep 2018 End Date :19 Sep 2018
Issue Size : 467 crore, Issue Type : OFS
Price Band : Rs.470 to Rs. 475
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Overall Subscription : 9.87x
QIB : 12.29x,HNI :4.92x,Retail :9.96x,Other :0.36x
Listing Date : 28 Sep 2018, , Listing Price : 412

CreditAccess Grameen

By Geetanjali Kedia about 6 months ago

Verdict :Does not get our credit
Subscription Start Date :8 Aug 2018 End Date :10 Aug 2018
Issue Size : 1131 crore, Issue Type : Fresh cum OFS
Price Band : Rs.418 to Rs. 422
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Overall Subscription : 2.23x
QIB : 5.52x,HNI :0.98x,Retail :0.88x
Listing Date : 23 Aug 2018, , Listing Price : 385

HDFC AMC

By Geetanjali Kedia about 6 months ago

Verdict :A ‘no-brainer’ Buy
Subscription Start Date :25 Jul 2018 End Date :27 Jul 2018
Issue Size : 2800 crore, Issue Type : OFS
Price Band : Rs.1095 to Rs. 1100
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Overall Subscription : 83.06x
QIB : 192.26x,HNI :195.15x,Retail :6.73x,Other :2.69x
Listing Date : 6 Aug 2018, , Listing Price : 1726

TCNS Clothing

By Geetanjali Kedia about 6 months ago

Verdict :The Cool and Nice Stock
Subscription Start Date :18 Jul 2018 End Date :20 Jul 2018
Issue Size : 1125 crore, Issue Type : OFS
Price Band : Rs.714 to Rs. 716
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Overall Subscription : 5.27x
QIB : 13.47x,HNI :5x,Retail :0.62x
Listing Date : 30 Jul 2018, , Listing Price : 716

Varroc

By Geetanjali Kedia about 7 months ago

Verdict :Value for long term investors
Subscription Start Date :26 Jun 2018 End Date :28 Jun 2018
Issue Size : 1955 crore, Issue Type : OFS
Price Band : Rs.965 to Rs. 967
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Overall Subscription : 3.57x
QIB : 9.16x,HNI :2.45x,Retail :0.89x,Other :0.64x
Listing Date : 6 Jul 2018, , Listing Price : 1032

Fine Organic

By Geetanjali Kedia about 7 months ago

Verdict :A Fine Pick
Subscription Start Date :20 Jun 2018 End Date :22 Jun 2018
Issue Size : 600 crore, Issue Type : OFS
Price Band : Rs.780 to Rs. 783
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Overall Subscription : 8.99x
QIB : 12.86x,HNI :21.01x,Retail :1.62x
Listing Date : 2 Jul 2018, , Listing Price : 815

Rites Limited

By Geetanjali Kedia about 7 months ago

Verdict :A 'slow coach'
Subscription Start Date :20 Jun 2018 End Date :22 Jun 2018
Issue Size : 461 crore, Issue Type : OFS
Price Band : Rs.180 to Rs. 185
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Overall Subscription : 67.24x
QIB : 71.72x,HNI :194.56x,Retail :15.74x,Other :0.96x
Listing Date : 2 Jul 2018, , Listing Price : 190

Verdict :Prospects Shine Bright
Subscription Start Date :9 May 2018 End Date :11 May 2018
Issue Size : 1844 crore, Issue Type : Fresh cum OFS
Price Band : Rs.570 to Rs. 572
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Overall Subscription : 6.8x
QIB : 16.08x,HNI :6.91x,Retail :1.48x
Listing Date : 21 May 2018, , Listing Price : 600

Softtech Engineers

By Geetanjali Kedia about 9 months ago