Today the IPO offer for Narayana Hrudayalaya opens.
The merchant bankers to the offer are Axis Capital,IDFC Securities and Jefferies.
I found this risk to investors mentioned in the offer document as hilarious:
“The 3 Merchant Bankers associated with the Offer have handled 11 public issues in the past three years,out of which 7 issues closed below the issue price on listing date.”
How comforting.
Some stuff I am reading today morning:
FED hikes interest rate by 0.25% (Mint)
Narayana Hrudalaya IPO opens today (FE)
Dilip Sanghvi makes open offer for Suzlon stake (MoneyControl)
Charging up the power sector (VRO)
Religare Research:Heritage Foods (RJ)
Best tax saving instruments under Section 80C (ApnaPlan)
The real blow-ups happen later (TRB)
David Merkel’s seven thoughts on the markets (Aleph)
Unchartered territory in the FED Funds rate cycle (Common Sense)
A startup called Koko (A VC)
After doing so many trend analyses, I discovered that the best time to buy anything was 50% ago.
— R. Balakrishnan (@BalakrishnanR) December 16, 2015
Source:Value Propositions
Some stuff I am reading today morning:
Supreme Court likely to ban high-end diesel cars (BL)
Rakesh Jhunjhunwala on the markets (ET)
PAN mandatory for cash transactions above 2L (FE)
Looking back on 36 years of equity investing (Subramoney)
Stock Review: Havells India (Capital Mind)
How Anjan Chatterjee is staying ahead of the curve (Forbes)
How Heinz failed in India (OB)
Did we already have the post-Fed sell off? (TRB)
A house is an asset not an investment (AR)
Beware “New Paradigms” (Value Plays)