Parsvnath Developers Ltd IPO allotment done

Final allotment of shares of Parsvnath Developers has been completed and one can view the allotment of Parsvnath Developers by entering their application number

http://www.intimespectrum.com/IPO/jsp/IPOdetails.jsp

New Fund

Reliance Long Term Equity

Reliance Mutual has launched its maiden closed-end fund: Reliance Long Term Equity Fund which will convert into open ended as like close ended funds of other AMC after the period of three years.

This fund will look in small and mid companies for investing as these companies in current circumstances will out perform their large cap peers over a longer period of 3 to 5 yrs.
The equity allocation will be 70-100 per cent while the debt allocation (including money market instruments) will be between 0-30 per cent. [ These are just for the paper work only as the most funds are more than 90% invested in equities all the time ]

Currently during the NFO there will be no entry load but if redeemed within a year then an exit load of 4% [ beware ] and from 1-2 yr 3% [ still high ] and then from 2-3 yr it will be 2%.

Redemption will be available at half-yearly intervals only, which will be the first five business days immediately after the end of each calendar half year.

Details

Plan opens: November 14, 2006
Plan closes: December 11, 2006
Unit cost during NFO: Rs 10
Fund manager: Sunil Singhania [ same manager who manages Reliance Growth fund ] [ give him time he will show you the result ]

Verdict Go for it only if you want to stay in the fund for three as getting in and getting out at every market fluctuation will make this fund of no use.

Lanco Infratech Limited IPO alltoment done

click on the following link to see it

http://www.intimespectrum.com/IPO/jsp/IPOdetails.jsp

New Fund

Pru ICICI Equity & Derivatives

Prudential ICICI Mutual Fund has come out with a new fund: Prudential ICICI Equity & Derivatives Fund which offers two types of plans:

Income Optimiser Plan

Under this plan, the money will be employed in arbitrage and derivative strategies for the equity market and also invest in short-term debt. The unhedged equity exposure will be restricted to just five per cent of the overall portfolio. Therefore, the fund will have a strong focus on restricting the downside.

There is no entry load but if redeemed within six months from the date of allotment of the NFO ( New Fund Offer ), then a 1 per cent load will be charged.

The minimum application for the individual investor is Rs 5,000.

Wealth Optimiser Plan

Whereas this plan will try to exploit the arbitrage opportunities available in the market, but it is a more aggressive option as the unhedged equity exposure can go up to 80 per cent of the portfolio value. As compared to Income Optimiser, this one will have the potential to generate higher returns, hence so will be the risk.

For this plan also the minimum application for the investor is Rs 5,000.

There is a 2.25 per cent entry load and a 1 per cent exit load if redeemed within six months from date of allotment of the NFO.

Both the plan offer growth and dividend (payout or reinvestment) option.

NFO Opens: November 8, 2006
NFO Closes: December 7, 2006

Think Money Think Real Estate Stocks

Real Estate the currently biggest buzz in India and real estate stocks in the Bombay stock exchange. Almost all the reality stocks hit their upper circuit as soon as the market opened today and there was no let till the market closed.

Real estate stocks have give unimginable returns over the past one and half year just take the example of Unitech whose 1 yr low was 9.81 and right now at 1yr high standing at 426, the gain of 4340%. And there is lot more to come in 1-2 yrs.

I have created a list of of reality stocks in order of preference of mine.

Stocks cmp 52wk high 52wk low

1. Ansal Housing ( 345 ) 500 80
2. Ansal Buildwell ( 218 ) 460 36
3. Unitech ( 426 ) 426 9.80
4. Ansal Properties( 923 ) 1040 201
5. Peninsula land ( 682 ) 967 186
6. Swan Mills ( 103 ) 125 11
7. Dawn Mills ( 12058 ) 14046 2955
8. Ruby Mills ( 338 ) 443 204

These stocks are of great value and if one is wiling to hold it for a year or so and one can again see is money growing like the one see in these stocks. There can be at times short time correction in these stocks but the long term bull is there to see these stocks get multifold from their current price. Upcoming IPO from DLF will see them firm in coming month for short term investors for making quick bucks.

• Citigroup global market bought 1 lac shares of Ansal Housing @ 328 on 10th Nov.
• Dawn Mills will be merged in Peninsula land in the ratio of 1:20.

Blue Bird IPO opens on Nov 16

Blue Bird (India) Ltd, a manufacturer of paper based notebooks and stationary products, is entering the capital market with a public issue of 87.75 lakh equity shares of Rs 10 each for cash at a premium to be decided through a 100 per cent book building process.

The issue opens for subscription on November 16 and closes on November 22.

The price band for the issue has been fixed at Rs 90 to Rs 105. Out of the net offer to the public, 50 per cent is reserved for allotment to qualified institutional buyers, of which 5 per cent is reserved for mutual funds; 15 per cent is reserved for non-institutional buyers and the balance will be allotted to the retail investors on a proportionate basis.

The issue funds will finance the construction of the company's second notebook manufacturing and printing unit in South India and expand capacity at its existing Pune facility.

DSP Merrill Lynch is the book running lead manager to the issue.

A look at the bid details of LANCO and PARSVNATH

The public issure of both the infrastructure and real estate playrers closed on Friday with huge amount of over subscription in both of them.

• Parsvnath Developers Ltd. - Bid Details
  

Cut off @ 300
QIB oversubscribed by 81 times and Retail by 10 times

With so much interest I think this may list at arnd 400 and may end the listing day around 450.

• Lanco Infratech Ltd. - Bid Details

Cut off @ 240

QIB oversubscribed by 18 times and Retail by 2.5 times

Though the oversubscription is not at much as that of Pvnath. but this stock will also show good gains on the listing buy my idea would be to get the profit on the listing day as it may slide at lower levels in following days and then one can again buy at lower levels to have short term quich gains.

Analysis of Previous of Picks

Gmr Industries +53%
India Bulls +25%
Patel Engg +17%
HLL +13%
Dabur +7%
BHEL +2.5%

These were the top performers among the picks( in one month time) put up by me and rest of them were more of less at their recommended rates.

Market Eying 13,000

BSE on Friday closed at 12,906 and is all set to go pass 13k mark for which everyone was waiting for a long period of time. Now the most important question is where we can go from here up or down, but looking at all the triggers for the market one has the feeling that we will go upwards as there is no sign of weakness be it be domestic or global and whats more the corporate results have been superb.

Now here one has to find the stocks which can give him handsome return at these levels of the market so where one should bet on !!!

Large Caps or Mid Caps

My feeling is that here at these levels one should have both in his portfolio to maximise his returns and my picks will be mostly same but a few multibagers within.

1. Escorts [ cmp. 130]
2. Exide [ 40.70]
3. HLL [ 226] ( Result this week )
4. Ashok Leyland [ 46.70] ( Result this week )
5. India Bulls [ 437 ]

I have choosed two multibagger for this sure to give huge returns of 10-15% this week.

1. Dabur India [ 146] ( Result this week )
2. Provogue [ 380]

Market At All Time High

As every one knows that market hit the all time high on Friday after the splended the Q2 result from Infy and the rally is all set to continue this festive season. This market rally of reaching all time high is somewhat different from that we witnessed in June, here midcaps have been laggrd and large caps have taken the charge of the sentiments.

Now the big question remains for all the investors is what to buy in this situation and where is value as well as good returns. I have giving detail report on the Top Ten Picks this week to give handsome return.

1. BHEL ( Excellent set of numbers is expected and this stock has been bit of in the cosolidation phase from past two weeks and the rapid surge is expected here and which could take is pass 2500 from the current level of 2395. ) [ Cmp. 2395]
2. Ashok Leyland ( The strongest company of the auto sector on the charts technically and it is likely to pass its 52 week high of 53 from the current level of 47.40 ) [Cmp. 47.40]
3. Patel Engneering ( Strong construction company with order book full for next 3 yrs and domestic mutual funds are really heavy on it and buying it at cureent level of 361 would mean a short term target of 425 in a week time and good result and growth may help it to pass 450. ) [Cmp. 361]
4. Escorts ( This stock is tarding in the zone of 128 to 133 from last few and has thus formed a good base for the further upmove and a closing pass 136 would mean a target of 150 in just 2-3 days. ) [Cmp. 130]
5. Dabur India ( This stock again has been in the zone of 138-141 for past few days and a really big rally is expected from current level a closing pass 145 would it can easily go pass 175 in a week time. ) [Cmp. 140]
6. GMR Industries ( This stock is hitting circuit of 5% from past 3 days and this is all set to continue without any blip a buy at current level would mean consistent gain for at least a week that would mean a total of 40% in a week at least. Try to buy it early in the morning trade before it hits the circuit. ) [Cmp. 234]
7. India Bulls ( All set to pass 500 this week with its result coming this week and possibly the details of its demerger. ) [Cmp. 408]
8. Provogue [Cmp. 367]
9. Jain Studios [Cmp. 17.10]
10. Aravali Securities [Cmp. 26.55]

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Market at 10,000 stocks to buy now

The Bombay Stock Exchange has came down from 12,800 to 10,000 and it is likely that at this point of time is will consolidate for a few days and then take a upward upmove towards much awaited 14k which looks likely in near future.

Several stocks has corrected sharply and it is a great time to buy these which at one time were quite expensive. And these stocks are surely going to give a return of around 50 % in a month or so.

1. Acc
2. India Cement
3. Shasun Chemicals
4. Zee Telefilms
5. Kalpataru Power
6. Triveni Engg
7. Financial technology
8. Ansal Properties Infra
9. Balrampur Chini
10. Dabur India

A quick look at Unity Infraprojects Ltd. IPO

Infrastructure company UNITY Infraprojects is coming out with its Intial Public Offer of 3,443,000 Equity Shares in a price band of Rs. 651/- to Rs. 732/- per share through complete book building process.

In recent times stock market has seen a lot of run in infrastructure based companies such as IVRCL Infra, Nagarjuna Construction, Madhucon Project, Patel Engg and many more. The core business of Unity comprises of varied civil projects such as bridges, roads, and other irrigation projects.

Quite a few small companies that came up with offers recently have niche businesses that set them apart from the rest. While Tantia Construction has an edge in railway infrastructure, Sadbhav Engineering had gained entry into the road BOT space in consortium with Gammon India. As of now Unity Infraprojects does not have any such distinguishing feature to command a high valuation. Its 80% of the work is located in Maharastra Region.

Now looking at the financials of the company it has a revenue of 222 crores as on Dec 2005 and its operating margin jumped from 8 to 13 %. Though these are good sings but looking at the price it is coming up it does not look attractive to invest though one can expect a gain of around 30 to 40 percent on the listing day. The consequent performance will depend upon the order it gets and also if domestic mutual funds are bullish on it.

Offer Details

Open from 19th to 24th May 2006
Price Band of 651 to 732 per share
Minimum order qty 9 shares
Lead Manager DSP Merrill Lynch Ltd.

* Government eye on Cement Companies *

With commerce minister Kamal Nath time and again giving warning to the cement companies about the hike in prices of cement in last few months the cement stocks have plunged in last few trading sessions and especially on Friday they fell by more the 5% from ACC to Ambuja to India Cement to Mangalam Cement.

Also the cement companies have made their point that the increase in price is mainly due to rise in input cost but most important thing is demand supply ratio and local retail increase in price by stockists about which they can do nothing even if they bring down their prices.

With so much infrastructural development happening in our country the demand for cement is there only to increase and lots of real estate boom is yet to happen and increase in real estate prices. If govt. takes a stringent action and fixes an upper limit on the price of companies this could only bring the prices to stable only for short term say one to two month. Also the taxes on this segment is very high if govt. brings it down then it can lead some relaxation in the price.

All these imbroglio hvae put the prices of cement stokcs to very low and it provides a great opportunity for all the equity investors to get into the stocks of these companies and get huge retun in days to come. I have shortlistes few companies which can give superlative return if bought at current price

1. India Cement ( 205 )
2. Mangalam Cement (200 )
3. Jk Cement ( 188 )
4. ACC ( 900 )
5. Gujrat Ambuja ( 105 )

All these prices are of Friday closing on 12 th May and I along with all the experts is sure that stocks of these companies bought at this price is a golden gain as roaring prices of gold.

New Fund * Standard Chartered Enterprise Equity Fund *

Standard Chartered Mutual Fund has launched a different type of equity fund which will invest in the stock IPOs.

This fund is a three year close-ended fund which will primarily invest in the stock IPOs and set the rest of the money in different low risk avenues hence, it will enable retail investors to participate in the stock IPOs through the Qualified Institutional Bidder (QIB) route.

Stock investors who prefer to invest in IPOs ( as they think it is less risky as compared to investement made in secondary market will find this offering thia relatively new fund house. Moreover, with its three lockin it will also obviate tax headache which which one has to pay upon selling of share within a year of the allotment made.

This fund is now available for subscription from April 18 to May 16, 2006.

*CORRECTION IN CEMENT STOCKS - AN OPPORTUNITY TO BUY *

Yesterday trading session saw the cement stocks taking a dip and this is a great opportunity for buying in these stocks and taking position at the current level.

From Mutual Fund houses to brokerages to experts all are bullish on the cement sector for the days to come and many fund houses are buying these cement stocks moreover, there is a huge sprt in the volumes traded in the stocks.

Yesterday downfall saw stocks down from 1 % to 10 % as Gujrat Ambuja and India Cement fell by more than 7% and others also followed the suit.

Gujrat Ambuja @ 118
India Cement @210
Jk Cement @195
Manglam Cement @218
Birla Corp @368

The bullish trend in this sector is well in tact and and upward move will take these stocks up by 25% to 30% from the current level.

* RELIANCE PETRO IPO ALLOTMENT DONE *

Frends Check out ur Reliance Petro IPO status

http://203.199.177.138/investor/jsp/AllotmentStatus.jsp

*HOT STOCKS FOR THE MONTH OF MAY *

Guys I have selected 10 hot stocks for the monthe of May which are really going to give great returns.

1. India Bulls [ with demerger in place and soaring real estate prices ]
2. India Cement [ cement prices are set rise again and great result expected ]
3. Mangalam Cement
4. JK Cement
5. Triveni Engg [ demerger in hand and rise in sugar prices ]
6. Zee Telefilms [ above expected result and demerger in hand ]
7. Kalpatru Power [ a big real estate and power player ]
8. Balrampur Chini Mills [ a top commodity and sugar player and great result expected ]
9. Financial Technology [ having stake in big firms as MCX and other and good result likely ]
10. Praj Industry [ every thing looking fine the chart, momentum, result, order book, result ]

* PLETHICO PHARMACEUTICALS LIMITED * ALLOTMENT DONE

IPO allotment of Plethico Pharmaceuticals Limited has been done and it
can be viewed on the following link

http://www.intimespectrum.com/IPO/jsp/IPOdetails.jsp

* MARKETS TO REMAIN FIRM IN COMING DAYS *

Considering all the events that hapapened in the recent past as well as
the real heavy volatile movement of market yesterday the upswing of the
market is rooted firm.

The real bull strength of the market can just be gatherd from
yestrday'strade as it recovered from so low of the day to close in
green and with so much money waiting in the wings for the investement
no body wants to spare the opportunity to buy the stocks at lower level
be it be FIIs, Mutual Funds, Retail Investors or Institutiional buyer

Sensex faces a stiff barieer at 12k hence it needs to cross and close
above that for once to get going in ther northward direction and the
market in coming days are sure to touch 14k and by the end of the year
it may go to 16k hence all the current investors to surely to reap the
benefit of staying in the market.

This earning season has seen companies coming out with great numbers be
it be Grasim or ABB or Zee Telefilms or Reliance all of them have made
the investors happy. And predictioin of above par monsoon will also
bring cheers for the market and will make it to touch new highs.

Lokesh Machines Limited IPO Allotment Done

Lokesh Machines IPO allotment has been done and it can be viewed on the karvy site here the link for that

http://karisma.karvy.com/jsp/Ipo_Status.jsp

Sundaram Select Midcap * A Midcap Rocket *

Started in August 2002 the very first fund of its kind it has given superlative return since then and is now at nav of 83.48 which means 1 lac invested then would have become 8.348 lac or rupees.
This is one of the very few really consistent fund as it has delivered in all the circumstances be it be rising sensex or falling sensex.
Considering its return this yr it is number in the top 5 slot and number 1 in six month return with 72% return and none of its peer grpup even managed more than 65% return.
With assest base of just more than 600 cr this makes it easy for the fund manager to get into and out of the stocks quickly. And talking about it porfolio this has major investemetn in the evergreen stocks as Kalpatru power ( Real Estate major), Balarmpur Chini & Bajaj Hindustan ( Sugar giant), Laxmi Machine works, Ansal Properties and infrastructure and many more hidden gems.
Considering all the aspects I would urge all the fund investor to have exposure to this fund and I have invested in this a yr before as well as recently around 1 lac.

HIGH FLYING STOCKS AND FUNDS

Hello I have made this blog for all those who are interested in Stocks and Mutual Funds.
Here I am putting stocks and funds who are surely going to be high flyer for this week.

Stocks

1. India Cement
2. Mangalam Cement
3. Balrampur Chini
4. Amtek Auto
5. Financial Technology

Mutual Funds

1. Sundram Select Midcap
2. Magnum Comma
3. Std Chtd Classic Eqity
4. Kotak Midcap
5. HDFC Top 200

Have a happy investing to all.