1.Consolidated Construction Company limited
Issue opens: Sept 18, 2007
Issue closes: Sept 21, 2007
Issue Price: Rs 460-510 per equity share of Rs 10 each
Minimum Application : 10 shares and in multiple of 10 shares.
My Rating : 5 / 10
Financials : EPS is 30 for FY07 PE will be around 17.
There are many other stocks available in Construction Sector at less price. However due to good secondary market conditions issue may get good listing price. Current Grey Market premium is around 100 Rs. This will be purely for listing gains for risk takers.
My Advice : Avoid this IPO.
2. Kouton Retail India Ltd.:
Koutons Retail India Ltd.
Issue opens: Sept 18, 2007
Issue closes: Sept 21, 2007
Issue Price: Rs 370-415 per equity share of Rs 10 each
Minimum application: 15 equity shares, and in multiples of 15 equity shares thereof
My Rating : 6 /10
Financials : EPS is around 17 which gives PE of 24 on upper band price. Lot of craze in market for retail stocks. So one can apply for listing gains.
Current Grey Market Premium : Around 80 to 100 Rs.
Advice : One can apply for listing gains only.
Tuesday, September 18, 2007
IPO Analysis and Rating - CCC and Kouton Retail
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1 comment:
hi shrikant,.
thanks for your informative blog. i m tracking it. I am a new investor in stock market.
can u guide me for where i should invest for short and long term.
thanks u may contact me at,
smart.bizy at yahoo dot com
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