Category: IPO Notes


The Rs1,844 crore Indostar Capital Finance IPO received bids for 1,55,94,982 shares against the total issue size of 2,25,75,438 shares.
May 10, 2018, 8:08 p.m.
Publisher: livemint.com

IndoStar Capital Finance is a leading non-banking finance company registered with the RBI as a systemically important non-deposit taking company.
May 10, 2018, 3:56 p.m.

Indostar Capital Finance Ltd.: IPO Note
May 9, 2018, 11:21 a.m.

IndoStar Capital Finance Limited is a leading non-banking finance company (NBFC) registered with the Reserve Bank of India as a systemically important non-deposit taking company.
May 8, 2018, 4:48 a.m.


Everstone Group-led consortium eyes partial exit via IndoStar Capital Finance’s IPO
May 8, 2018, midnight

Four state-owned firms, including Mazagon Dock Shipbuilders and Rail Vikas Nigam, have filed draft papers with markets regulator Sebi to float initial public offerings.Railway infrastructure firm Ircon International and warship maker Garden Reach Shipbuil
April 4, 2018, 10:49 a.m.
Publisher: businesstoday.in

It has seen turnaround in M9FY2018 by posting a PAT of Rs 2.9 cr which was achieved at sort of peaked occupancy and 9% price hike (taken after September 2017).
March 28, 2018, 1:51 p.m.

Company has been incurring losses in the last few years, though a turnaround in the performance was seen during 9MFY18 results. Therefore we suggest to AVOID this IPO.
March 27, 2018, 5:42 p.m.

Co is bringing the issue at p/b multiple of 3.58 on 9MFY18 book value of Rs 15.66/share. Although co is leading mid-priced hotel chain with a differentiated business model & has strategically positioned in key geographical areas but, as company was loss making since FY’15 & has turned around only in 9MFY18, hence limited track record of profit making doesn’t instill confidence in company at present level. Hence, we recommend “Avoid” on issue.
March 27, 2018, 5:39 p.m.
Author : Hem Securities | Publisher: indianotes.com

Lemon Tree Hotels plans to raise Rs 1,040 crore from the primary market.
March 26, 2018, 12:21 p.m.