Joydeep R Ray and Lohit Bharambe investigate covertly the entire ongoing IPO fever and subsequent depression in case of not being allotted stocks in the recent blockbuster IPOs. After carrying out a through analysis and secure information from various stakeholders, they bring this report:
Resident of Viman Nagar in Pune, Swapnil Shinde has been blaming his 'luck' last three months. He had filed applications thrice to subscribe IPOs floated by three different companies including the most buzzing one of a hyper-mart chain and never he got a single share allotted in his Demat account. He picked up the right ones, filed the applications as per procedure laid down by market regulator SEBI, opted for ASBA facility through his bank but on the day of listing he realised, 'luck' did not work in his favour. Shinde has now decided not to apply for IPO as he is not 'lucky enough.'
Hailing from Mehsana district in Gujarat, Jagdishbhai Nathabhai Patel had borrowed a good sum of money from his friends to apply for a recent IPO. Two days before the gala listing ceremony took place on the bourses and the stock of that company rocketed up by over 120 per cent, Patel was shocked to receive a text message from BSE telling him that he did not get a single share allotted. Patel had made his graduate son fill up the physical form to subscribe the IPO, got it checked by a local stock-broker's assistant, made the cheque payment as needed--everything was in line with this expectations except zero allotment.
Esta historia es de la edición April 16 2017 de Dalal Street Investment Journal.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición April 16 2017 de Dalal Street Investment Journal.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
