Standard Chartered IDR closed below its listing price of Rs 104 in the Indian Market.A Review of Standard Chartered IDR had revealed severe disadvantages for retail investors.In Seven Reasons Why StanChart IDR was not a good buy, I had listed out the shortcomings of the IDR instrument and Standard Chartered as a stock.It seems that […]
An In Depth Review of Standard Chartered IDR revealed that its was heavily disadvantageous for retail investors and that’s what the final subscriptions numbers of the IDR listing proves as well .The Retail Portion was subscribed only by 25% – a resounding “no-confidence of StanChart IDR” which was ostensibly done to raise the public profile […]
I had earlier written about Seven Reasons for Not Subscribing to the Standard Chartered IDR based on a high level analysis.Going through the massive 811 page Red Herring Prospectus has reinforced by earlier thesis – that subscribing to the StanChart IDR is not a great idea .In my opinion it would be a very bad […]
There has been a lot of media hype around the Standard Chartered’s Indian Depository Receipt (IDR) offering which is going to be a First for the Indian capital markets. However I have a lot of reservations regarding this investment and think its probably not a great idea to invest in this stock . I am […]