Categories
Excerpts IPO

Lemon Tree Hotels: Employees Check Out Faster

Source: DRHP of Lemon Tree Hotels Ltd

Lemon Tree Hotels prides itself on its human resources strategy which has led it to getting numerous awards.

What is funny is that its own employees seem to be in a frightful hurry to leave the company !

Categories
Excerpts IPO

ICICI Securities IPO – Nailing the Cyclical High

Source: DRHP filings of ICICI Securities Ltd

Categories
IPO

Karda Constructions: Your money can hurt us

Source: DRHP of Karda Constructions

Categories
IPO

When the Banker is the Risk

Source: DRHP of Yasho Industries Ltd

Categories
IPO Observations

Astron Paper: Krafty IPO

Astron Paper,a Kraft paper manufacturer, has come out with an IPO in the price band of Rs.45-50 per share

What is interesting is the shrewd way the merchant bankers have done the allocation- around 10% of the shares offered is to institutions and a whopping 52% is to HNIs.

The merchant bankers probably felt that HNIs with the help of IPO financing will ensure their IPO sails through.

Wonder if this will be a trend setter for other mid-sized IPOs.