RBL Bank:From Pre-IPO to IPO
RBL Bank (formerly Ratnakar Bank) was the first scrip I started market making in.
The journey started a few years back and it turned out to be extra-ordinarily rewarding both personally for me and my fellow investors.
Hopefully,the Bank will continue to scale new heights of success and glory.
Salutations to the man who made it all possible…yes Sir,you deserve that Million Dollar Smile !
(Disclosure:I am market making in the shares of Catholic Syrian Bank)
Kerala-based Catholic Syrian Bank (CSB) is planning to raise money by way of preferential allotment of equity in favour of investors. They include Edelweiss Tokio Life Insurance, Reliance Capital, ICICI Pru, HDFC Standard Life, Bennet Coleman & Co, Bharati Axa and Bajaj Alliance.
While the management of the Bank was not available for comment immediately, notice to the investors stated that the Bank is planning to issue and allot upto 1,32,03,856 equity shares for cash at a price to be determined by the Board with the price band of Rs 100 to Rs 120 per share, including premium. The total consideration would be around Rs 132 crore to Rs 158 crore.-from BS
Investment Strategy: GOV Model
We have a special treat today. Naresh Katariya has shared his deck presented at the Ideas 20-20 Conference in Chennai
Naresh is a value investor and can be reached via Twitter or his blog
Disclaimer:The stocks discussed here are only for informational purposes and not a recommendation to buy/hold/sell.Kindly consult your investment advisor before investing.
[gview file=”https://alphaideas.in/wp-content/uploads/2016/08/Ideas-20-20_Naresh-ver-2.pdf”]
Linkfest: August 31,2016
Some stuff I am reading today morning:
RBL Bank to list today (Money Control)
Interview with Rakesh Jhunjhunwala (ET)
Is passive investing suitable for India? (Mint)
India considers $1.5 Million residence visa (Bloomberg)
Porinju Veliyath’s latest stock pick (RJ)
How to trade the IPO sweet spot (DR)
Investor Cage Fight:Icahn Vs Ackman (CNBC)
Park your money in parking lots (Climateer)
Help,the market has gone up (Monevator)
Using small caps & leverage to crack the Private Equity Code (Forbes)

