Most of the low quality IPOs that have listed in the Indian market recently, have fallen on the day of the listing itself.Jaypee Infratech which is supposed to be a mix of a infrastructure and real estate play is down 10% on the listing day despite listing itself at the lower end of the book […]

India has seen a raft of low quality offerings in the the recent months. However investors should not lose all hope as there has been some proposed filings for decent good quality companies as well.India has not seen a big sized Green IPO since Suzlon,however a Green Energy Utility Orient Green Power Ltd (OGPL) plans […]

SJVN was one decent quality company to offer shares amongst the sea of junk initial public offerings.The government which had faced tepid response to the IPO of its state owned companies earlier in the year tried to leave something on the table for the investors with SJVN.But considering the price action today it seems the […]

The Indian market has seen a wave of low quality offerings in the recent days propelled by the bullish conditions prevailing in the market.Tarapur Transfromers is a prime example of such low quality which I have described before. The fundamentals of these companies is a total mess to say the least.They just get managed to […]

India has been hit with a wave of extremely low quality IPOs in the recent past . These offerings have extremely poor fundamentals and plunge immediately after listing or become a case of “pump and dump” . Nitesh Estates is not only belongs to the  almost impossible to value “real estate” sector,it has a very […]

I have been writing about the rash of low quality offerings in the Indian market.Many of these companies are trading  below their list prices because  investors are refusing to chew on these low quality names.Despite the market volatility seen in the wake of the last week’s Greek crisis,India seems set to see more offerings.While some […]