Subscribe to Shankara Building Products IPO: Niche company, strong management

SBP is a unique company in the sense that its retail stores offer home improvement and building products. The company offers structural steel, cement, thermo mechanical treatment bars, hollow blocks, pipes and tubes, roofing solutions, welding accessories, primers, solar heaters, plumbing products, tiles, sanitary ware, water tanks, plywood, kitchen sinks, and lighting and other allied products. Continue reading Subscribe to Shankara Building Products IPO: Niche company, strong management

Endurance Technology IPO: Strong fundamentals, some room for listing gains

At a price to earnings (P/E) valuation of 22 as compared to around 30 levels for companies in the similar product range, there is some room for upside on listing gains. But the fundamental of Endurance Technology suggests it’s one of those that can be kept for the long haul. Continue reading Endurance Technology IPO: Strong fundamentals, some room for listing gains

Just Dial & Amitabh Bachchan: Superstar’s super gains

Riken Mehtamoneycontrol.com Amitabh Bachchan just got richer by Rs 3.77 crore today. The Bollywood superstar, who happens to be the brand ambassador of Just Dial  , a local search firm, had 0.1 percent stake in the company as per disclosure. The red herring prospectus say that Bachchan was allotted 62794 shares at a price of Rs 10 in January 2011. His investment cost was Rs … Continue reading Just Dial & Amitabh Bachchan: Superstar’s super gains