http://www.titimma.com/abc-ipo/ Creating Chaos Everywhere Mon, 07 Jun 2010 04:49:29 +0530 http://wordpress.org/?v=2.9.2 hourly 1 http://www.titimma.com/abc-ipo/comment-page-1/#comment-162 Hitesh Anand Sat, 05 Sep 2009 17:02:08 +0000 http://www.titimma.com/?p=907#comment-162 Good basic coverage there about IPO. Just like to add few more points here: Iissue price should not always be considered as discounted price. In fact, recently, most of the issue prices of public sector companies were far higher than than the book value. For example NHPC's P/E ratio was close to 35 which is too high ask. Its important for an investor to do his own research first. Secondly Investment banks or stock broker firms calculate the issue prices by their own method which may be influenced by promoter of the company too. So knowing real book value becomes important. .-= Hitesh Anand´s last blog ..<a href="http://feedproxy.google.com/~r/wealthson/~3/-FFbnaE-o8A/">Fast recovery may not be the way and slow hurts alot</a> =-. Good basic coverage there about IPO. Just like to add few more points here:
Iissue price should not always be considered as discounted price. In fact, recently, most of the issue prices of public sector companies were far higher than than the book value. For example NHPC’s P/E ratio was close to 35 which is too high ask. Its important for an investor to do his own research first.
Secondly Investment banks or stock broker firms calculate the issue prices by their own method which may be influenced by promoter of the company too. So knowing real book value becomes important.
Hitesh Anand´s last blog ..Fast recovery may not be the way and slow hurts alot

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