SKS Microfinance & Bajaj Corp. turned out to be a decent IPO investment. I am not fully out but mostly done. Gujarat Pipavav seems an interesting IPO though I am bit confused looking at the RHP at NSE Website. Crisil has rated this IPO @ 4/5 and mentioned number of positive factors, I observe from financial section that Company has consistently made losses as it seems that capacity is not yet fully operational.
On the other hand, the Grey Market indicates a premium of about 10 per share. Looking at the size and the face value, there is a good chance of large number of shares being allotted assuming that current trend of retain subscription continues.
I will take a final call after studying bit more in the IPO reviews.
Few more stocks have come in my radar after reading latest Money Today. Need some time to research before I can take a final call.
Regards, Rohit
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