Ipo rush makes 2015 show best in 5 years

1. IPO Rush Makes 2015
Show Best in 5 Years
COS HAVE RAISED `13,000 CR so far this year; issues
of Alkem and Dr Lal oversubscribed 44 and 33
times, respectively

2. Contd…
The Indian primary market will end the year 2015 with the best performance
in five years as investors shrugged off volatility and weak foreign fund flows
to lap up offerings from a diverse set of companies with completely new
business models.
The success of issues like Alkem Labs and Dr Lal PathLabs means that
companies have raised `13,000 crore so far from the primary market in
calendar 2015. Bangalore-based hospital chain Dr Narayana Hrudayalaya
announced its price band on Thursday and its issue is expected to open next
week. With this, the total IPO amount expected to be raised for the calendar
year is likely to cross `14,000 crore, the highest since 2010 when 64
companies raised about `37,500 crore. In 2014, six IPOs hit the market and
collectively raised `1,261 crore while just three got listed through IPOs in
2013 and mobilised `1,284 crore.

3. Contd…
“The type and quality of companies that came to the primary mar ket this
year after a long time made a big difference,“ said V Jayashankar, senior
executive director & head of equity , Kotak Investment Banking.“There is
huge demand from across the investor segment for unique companies that
are fairly valued as secondary market valuations are not that cheap.“
Alkem Lab and Dr Lal PathLabs got overwhelming response from investors.
Alkem was oversubscribed 44 times, while Dr Lal was oversubscribed 33
times. Of the 18 listings so far, 12 have given returns ranging from 3% to
104% with VRL Logistics surging 104% so far since its April 30 listing. Syngene
International has gained 45% since its listing on August 11. PNC Infratech and
Navkar Corp have gained 40% and 31%, respectively . SH Kelkar made a
stellar debut on the bourses last month, with the stock listing at 23%
premium over the issue price of `180.

4. Contd…
“Confidence is back in the IPO market after four years driven by
investors' appetite to invest in quality companies which is also
influencing the new companies to raise money,'' said Ravi Sardana,
EVPinvestment bank, ICICI Securities.
Many companies with unique businesses such as Team Lease, a
provider of staffing services, Infibeam, an online market place, Quick
Heal, a maker of antivirus software, Matrix Cellular, international SIM
card provider, and Matrimony .com, an online matrimonial service
portal, are likely to hit the IPO market in next few months.

5. For details and bookings contact:-
Parveen Kumar Chadha… THINK TANK
(Founder and C.E.O of Saxbee Consultants & Other-Mother
marketingandcommunicationconsultants.com)
Email :-saxbeeconsultants@gmail.com
Mobile No. +91-9818308353
Address:-First Floor G-20(A), Kirti Nagar, New Delhi India Postal Code-110015