Rakesh Jhunjhunwala makes huge bid in IndiGo IPO

THE ECONOMIC TIMES Fri, Oct 30, 2015 | 08:01 AM IST ET Investment Opportunities

Rakesh Jhunjhunwala makes huge bid in IndiGo IPO Rakesh Jhunjhunwala makes huge bid in IndiGo IPO Often called India’s Warrent Buffett, Jhunjhunwala was also one of the early-stage investors in SpiceJet, another low-cost airline. BPCL planning IPO of Bina refinery next year: Chairman S Varadarajan BPCL planning IPO of Bina refinery next year: Chairman S Varadarajan BPCL is planning to launch an initial public offer of its Bina refinery unit next year, chairman of the state-owned firm S Varadarajan said. IndiGo IPO: It isn’t only about numbers, but satisfied customers also IndiGo IPO: It isn’t only about numbers, but satisfied customers also Not only is practically every potential investor in IndiGo IPO a regular customer of the airline, they are all satisfied customers. Retail investors should wait for secondary market listing as IndiGo IPO valuation high Retail investors should wait for secondary market listing as IndiGo IPO valuation high Even though IndiGo has superior financials and dominant market share in India, the IPO appears expensive from retail investors’ perspective.

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date S H Kelkar & Company Ltd. 173.00 – 180.00 28-10-2015 30-10-2015 Perfect Infraengineers Ltd. 23.00 30-10-2015 04-11-2015 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv UTI Fixed Term Income Sr XXIII-VI (1100D) Direct-Flexi D Debt: FMP Closed-end 21 Oct 2015 03 Nov 2015 5,000 UTI Fixed Term Income Sr XXIII-VI (1100D) Direct-DY Debt: FMP Closed-end 21 Oct 2015 03 Nov 2015 5,000 UTI Fixed Term Income Sr XXIII-VI (1100D) Direct-DQ Debt: FMP Closed-end 21 Oct 2015 03 Nov 2015 5,000 UTI Fixed Term Income Sr XXIII-VI (1100D) Direct-D Debt: FMP Closed-end 21 Oct 2015 03 Nov 2015 5,000 UTI Fixed Term Income Sr XXIII-VI (1100D) Direct-G Debt: FMP Closed-end 21 Oct 2015 03 Nov 2015 5,000 More >>

Real Estate News

Basements can be sold and registered independently in Haryana In a landmark judgment that is bound to bring relief to property owners, the Supreme Court ruled on September 17 that basements of residential houses can now be sold and registered separately in Haryana. Store in style Store in style NRI demand in Indian realty up in Oman Indian developers do visit Muscat periodically to organise individual road shows but here again local licensing laws impose stringent stipulations without which it would be difficult to reach the target audience. What makes Noida Extension first choice of property buyers The future holds great promise both for individual buyer who wants a house to live and investors both individual and large.

NFO – Non FMPs Fund Name Category Type Open Close Min Inv Sundaram Select Micro Cap Series IX Direct-G Equity: Small Cap Closed-end 16 Oct 2015 30 Oct 2015 5,000 Sundaram Select Micro Cap Series IX Reg-D Equity: Small Cap Closed-end 16 Oct 2015 30 Oct 2015 5,000 Sundaram Select Micro Cap Series IX Reg-G Equity: Small Cap Closed-end 16 Oct 2015 30 Oct 2015 5,000 Sundaram Select Micro Cap Series IX Direct-D Equity: Small Cap Closed-end 16 Oct 2015 30 Oct 2015 5,000 DHFL Pramerica Tax Savings Reg-G Equity: Tax Planning Open-ended 19 Oct 2015 04 Dec 2015 500 More >>

Views and Recommendations

Bharat Forge numbers not impressive but do not exit at current levels: Sudip Bandhopadhyay 29 October, 2015, 03:50 PM IST There are certain things which they need to do and I am sure they are in the process of getting those things done. Markets to trade in range till Bihar election results: Sudip Bandhopadhyay 29 October, 2015, 04:04 PM IST The big event will either be on fifth when the exit polls come out, or on eight when the election results are out. Bosch, MRF are names to look out for in high-price stocks: Sudip Bandyopadhyay 29 October, 2015, 03:58 PM IST They have created value for their investors over the many-many years. They are definitely worth looking at. Festive season, rural demand to propel two-wheelers; Hero Moto, Maruti top picks: Sudip Bandyopadhyay 29 October, 2015, 03:39 PM IST On two wheelers, we continue to maintain our positive view on all three companies – Bajaj, Hero MotoCorp as well as TVS.

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