After a relief from FII’s, there is some buying traction from FII’S.Series of IPO’s are ready to hit the market in the Coming days.
MNC companies with their foreign parents are in queue to liquidate and cash up there holdings in Indian companies.Recently,Hyundai India has hit the market with muted negative listing.LG electronics has also filed for IPO of its Indian wing with 1.8bn dollars.
SME IPO’S : HIGH RISK,HIGH RETURNS
SME IPO’S are the hot cakes in today’s market , investors and speculators are betting high in SME IPO’S.
SME IPO’S are subscribing almost 200-500x in present scenario,where as mainboard IPO’s are getting only 20- 60 x times subscription underlying they need only 15k for applying one lot and SME IPO’S require minimum 1 Lakh per lot.
Recently listed C2C technology SME IPO has listed with more then 100 % returns.
Toss the Coin an SME IPO is available for subscription and as per sources it is trading at 100% premium in off market.
MAINBOARD IPO: LONGTERM BET
Main board IPO’S are less risky compared to SME IPO’S, Main board IPO’S will have negative listings, recently listed almost IPO’s have given negative returns, even though they have strong fundamentals and unique products.
At present mainboard IPO’s with strong fundamentals and expecting positive listings are
VISHAL MEGA MART
ONE MOBIKWIK SYSTEMS
INVENTURUS KNOWLEDGE SOLN
INTERNATIONAL GEMMOLOGICAL INSTITUTE.
INVESTOR WITH EXCESS FUNDS CAN PARK THIER FUNDS IN THESE STOCKS WITH THEIR FINANCIAL ADVISORS ADVICE.