|
|
| Sign in | Register |
 | News | Market | Portfolio | Messages |
| SENSEX | 20,111.61 |  -112.37 |
| NIFTY | 6,114.10 | -42.80 |
| GET BEST OF VIDEOS, FREE ! |
| NEWS |
| Max Alert IPO: Investor may have to wait for decent returns |
| 28 Jun 2012, 10:55 AM |
|
By VS Fernando, IPO Analyst at India Aarthik Research Max Alert Systems: SEBI requires maximum alert to prevent 'market-makers' turning into manipulators! Concerns - Promoters new to investors; profitability far from impressive; non-dividend paying company -Unrelated and unconvincing diversification -Conflict of business interest within group companies -A majority of group companies are into losses -Negative net cash flow from MASLs operations in four out of last five years -For a part-use of the `Registered Office the public company pays a hefty rent to a group company which itself has sub-let the office belonged to a third party -IPO is meant for funding crusher project whose land is yet to be identified -Reserves not even Rs 2 crore yet, asking for a premium of Rs 4 crore -Promoters cost of holding is just 52 paise as compared to the IPO price of Rs 20 -Pathetic post-list performance of the IPOs handled by the investment |
| Page 1 of 2 Next page » |
| Next Story » | |
| Post your View/Query |
| More on markets: | |
| Market Outlook | Udayan's Comments | Stock Views | Broker Recos | |
| Get Videos/alerts on Markets | |
| More on moneycontrol: | |
| Latest News | Watch List | Indices | Market Commentary | IPO | Mutual Funds | Top Gainers | Top Losers | Personal Finance | Currency Rates | Commodity Prices | Budget 2013 | Investment Watch | |
| HOME |
|
| Font Size: S M L | |
| Mobile | Classic | |
| Customer Support | |
| © 2011. a Web18 Venture | |