BSE, NSE Stock Ticker

Tuesday, September 21, 2010

Opinion on upcoming IPOs

powerfulpicks IPO opinion: The upcoming IPOs of Ramky Infra, Orient Green Power and Electrosteel looks quite interesting. Ramky will show you results right away, so one can consider. Orient Green power will take time to complete their IPO undertakings which will bring in money and their price band may be at a higher end, so apparently not much lucrative, but because of the niche sector , thof renewable energy, there may be a lot of buyers. Electrosteel's price band looks very interesting, very close to face value. This one may give good returns right after listing because it has been priced quite cheap. If I would just go for 2 IPOs, I would go for Ramky and Electrosteel. Buying Electrosteel after listing is another good option. Like we bought SKS Micro finance after listing and we are sitting on 27% profit in just about one month.

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