A look at the record of the past seven years, starting from the now-famous Maruti divestment in 2003, one sees that NHPC shares were offered at a P/E of 38.3, the highest in the 24 divestments, including follow-ons and bank IPOs, during the period under consideration. The Oil India IPO, which opens...

Incidentally on September 04, 2009 (Friday) , both the much hyped power IPOs that came to the primary market, Adani Power and NHPC, closed below their issue price. So many investors flocked at these IPOs as they oversubscribed many times hoping to book smart listing day profits. But however, they were...

Morgan Stanley on Thursday said that sensex could touch 50,000 mark in seven years from current levels , if the assumptions made are optimistic. “One way of looking at market valuations is to find out the number of years it could take the market to reach a certain level. In our base case, using our...

IPO Opens : 7th September IPO Closes : 11th September Price Band : 1200 - 1450 (Will be sure by 25th Aug) Now another IPO is in the fray and this time it’s the countries second largest and the state run energy explorer OIL INDIA. NHPC was the first state run company to go into an IPO after nearly a...

Indiabulls Power plans a pre-IPO share placement to four investors: SBI, IDFC, HDFC Bank and Axis Bank, NewsWire18 reports quoting sources. The Indiabulls Power IPO will comprise of 39.1 crore shares. SBI may buy 12% of IPO size in Indiabulls Power and the SEBI nod for the IPO is expected by September...