P C Jeweller IPO, Invest at Cut Off, 20% Listing gain expected

Incorporated in 2005, PC Jeweller Ltd is an established jewellery retailer in North India . Company's operations include the manufacture, retail and wholesale of jewellery. PCJ offers a wide range of products including gold jewellery, diamond jewellery and other jewellery including silver articles. They provide 100% Hallmarked jewellery and Certified Diamond jewellery.

In addition to their retail operations, they also sell gold and diamond jewellery on a wholesale basis to other jewellery retailers in India . They also export gold and diamond jewellery on a wholesale basis to international distributors in Dubai , Hong Kong and Singapore .

PC Jeweller have 20 showrooms under the "PC Jeweller" brand located across 18 cities in north and central India . Company is planning to expand their showroom network across India , including in southern and western parts of India .

PC Jeweller Limited IPO.



BRLM: Kotak Mahindra Cap Co Ltd, SBI Cap Mkt Ltd

Co-BRLM: IDBI Capital Mkt Ser Ltd

Syndicate Member: Kotak Securities Limited/ SBICAP Securities Limited

Issue Period: Dec 10 – Dec 12, 2012

Price Band: Rs125/ to Rs135/- per share

Lot Size: 90 equity shares and multiple of 90 equity shares thereafter

Registrar: Karvy Computershare Private Ltd.

Retail Appl Size: Rs.2,00,000/-



Issue Size: 4,51,33,500 Equity shares of face value Rs.10 each

Employee Reservation: 3,58,500 Equity shares



Net Issue: 4,47,75,000 Equity shares



QIB Book: 2,23,87,500 Equity Shares (50% of Net issue size)

Retail Book: 1,56,71,250 Equity Shares (35% of Net issue size)

HNI Book: 67,16,250 Equity Shares (15% of Net issue size)



Listing: NSE & BSE

IPO Grading: ”CARE IPO Grade 3” & “CRISIL IPO Grade 3”.

Credit Analysis and Research Limited (CARE) IPO

Credit Analysis and Research Limited (CARE) IPO

Open Date : 07 Dec 2012
Close Date : 11 Dec 2012

Price Range 700-750

Lot Size : 20 Shares

OBJECTIVES


There is no fresh issue made by the company. Thus, they will not receive any portion of the funds raised by the sale of their Equity Shares in this Offer. The primary objects of the Offer are to achieve the benefits of listing of its Equity Shares and Carry out the divestment of Equity Shares by the Selling Shareholders.

THE OFFER

The Offer is being made by the Selling Shareholders and there is no fresh issue by the company. This Offer is an offer for sale and does not entail a fresh issuance of Equity Shares by the Company and consequently, they will not receive any proceeds from this Offer.

IPO GRADING

As this is an Offer of Equity Shares, there is no credit rating for this Offer. CARE, being a credit rating company in India, is exempted by SEBI from obtaining the IPO grading for its Initial Public Offer. None of the rating companies including CRISIL, FITCH or ICRA has graded CARE IPO.

RECCOMENDATION

The second dominant position in the Indian rating industry coupled with domain experience across a range of sectors and strong rating credibility and brand presence makes CARE a good investment. Further, CARE’s experienced management, well established business with sustained revenues and profitability margins will work as strong base points for investment.

VERDICT

Subscribe at cut off.

Buy Dhanlaxmi Bank, huge upside ahead target 105

Investors as well as positional traders should start making position in Dhanlaxmi bank at current cmp of 70. There is strong news that it is likely to be one of the bank to be acquired by a leading NBFC. Already there is rumours that one of the NBFC of largest consturction company is buying the shares from open market,

Hence buy for the target to cross 100 and if open offer comes you may see the level of 125 plus.

Buy Cinemax Property for target of 32

Short and Medium terms investors & traders can take positoin in Cinemax Property at cmp of 20.60 for the targert of 26 then 32 in very short term. As after the stake sale of Cinemax India to PVR the Kanakia family will be focousing on Cinemax Property which has vested interest in various real estate projects. This is also a long term positional call with target of 55 in long term.

Buy Zylog Systems - Lower Circuit Broken

Today finally Zylog System has broken the long trend of LC and closed in green @ 69.35 with volumes of more than One Crore on NSE and 65 Lakh on NSE. So what does it mean, the stock is likely to see the upmove from now on. As investors, traders and Instutional Investors have realised the value potential in this stock at such low price.

Now those who are stuck in it at higher price can do some averaging now and those who are following to buy should immeaditely buy the stock. As when it starts hitting Upper Circuit , you would not be able to catch it as what happened to those who wanted to sell in LC.

Hence those who are wiling to take some risk should buy the stock and fix your target and when target get hit take the profit.

Positional and Short Term Calls for this week Monday 19 Nov 2012

Today we have witnessed the upswing in the global market but our own share market could not mirror than and ended almost flat BSE closed at 18,340 up 30 points and NSE 5571 down 3 points.

But there has been lots of stock specific actions like Maruti was up 4% and closed around 1500 up almost 50% from the lows of Manesar Plant lock out. Bharti, ITC, HDIL were other major gainers. On the losing front IDFC, Lupin, ONGC were the major loosers on the broader market.

Upon looking at the todays market and upcoming events in the coming days we have shortlisted few stocks in which positions can be taken for short for profit of 5-7% in a week time with stop loss.

1. ONGC ( Cmp 254 ) -     Target of 265-270 with stop loss of 249
2. OIL India ( Cmp 457 ) -Target of 470-475  with stop loss of 449
3. Lanco Infra ( 12.65 )   - Target of 13.70-14.05 with stop loss of 12.30
4. SBI ( 2095 )                 - Target of 2170 stop loss 2070
5. SKS Micro ( 120 )       - Target of 128 with stop loss of 117

The above stocks should be traded with specified stop loss and if braoder market moves further high these stocks will see higher targets and then should be hold and traded with trailing stop loss.

Public Sector Banks to Hire 63,200 Persons this Year

Public sector banks will hire 63,200 persons in the current financial year, Finance Minister P Chidambaram said today.

The country's largest bank SBI will alone recruit 20,000 clerical staff and 1,200 officer level employees.
Besides, other public sector banks will hire 22,000 officers and 20,000 clerical staff in this fiscal.

"So there are many opportunities for the young men and women to build the career in banking. It's a very attractive career and young men and women must take advantage that the banks are recruiting so many people," Chidambaram told reporters after meeting heads of public sector banks and financial institutions here.
There were 84,489 vacancies at various levels in the state-owned banks at the end of the last financial year.
Most of the state-owned banks have undertaken recruitment drives in the recent years.
The public sector banks have a sanctioned strength of about 8 lakh employees as on March 31, 2012.

Editors Comments : In this current job gloom scenario it is good that PSBs will hire such large number of job aspirants. But the main thing to look out here is the retention of such job seekers as we have seen in the past that only very few candidates get selected in several banks and ultimately seats remain vacant.

Top Tax Saving Mutual Funds ( ELSS ) Ranking November 2012

The Present ranking have taken into account all the aspects of past performance as we as investment style and growth return patterns. Hence Investments can be made in the above funds for this year tax saving benefits.

Reliance Tax Saver has shown a handsome return in past few months hence as got the second ranking and five star, previously it was 4 star rated fund, Canara Robeco and Quantum has been old performers and regularly been ranked in Top Five and 5 Star Rated Funds 

We are back after a long interval

Apnapaisa.Blogspot.in is back with bang. After a long interval, now we are more comprehensive, more researched, solid news and tips of stocks listed on BSE and NSE as well as Mutual Funds.

Every week there is positional calls and weekly tips including large caps and mid cap stocks and Mutual Funds also.

Now we are also entering into Insurance sector , with all kind of your insurance advice and tips.

So, visit us daily as your support will make us more comprehensive and better.

http://apnapaisa.blogspot.in/