Jubilant Food's IPO Listing Rocked

As suggested on 16th January to subscribe to Jubilant IPO, the listing has rocked and stock gained 65% on listing and is 10% up again today.

Anchor investor has bought additional stake on listing and counter witnessed huge buying interest.

Hope the PSU IPOs and FPOs get a good response after lack luster response to NTPC. bad response can be attributed to weak market conditions and operators trying to beat the stock.

NTPC at this price seems to be a low risk even though it goes below FPO price. 10-15% annual gains are easily expected.

Infinite computers also good positive listing , Adani power which was priced at Rs 100 is also above the IPO price at 110 currently with 10% return.

Moser Baer at current price look attractive and GMR infra around Rs 50 or lower seems to be a good bet. It has lot of annuity and toll projects which will provide cash flow for next 20-30 years.

Lot to look out in the next few weeks. Rail Budget, General Budget, interest rate, food inflation and oil prices etc.
News from european/american markets is not too positive and tilting towards negative so next trigger has to come from internally to take the market to the intermediate high so I think in February market seem to be going no where overall with usual ups and downs with overall flatish so we can consider it as a traders markets and not investors for atleast this month till we get cues towards some direction.

NTPC FPO : 5th Feb Last day tomorrow

NTPC Limited (NTPC), India’s largest power generation company, has come out with a follow-on public offer (FPO) of 412,273,220 equity shares of Rs. 10 each at a floor price of Rs. 201 per share which is at a discount of ~Rs. 5 to the ruling market price, with the Government of India looking to raise in excess of Rs. 82.87 bn by divesting 5% of its stake in the company.




NTPC is the best defensive play in the Indian power sector considering its position of market leadership, strong balance sheet, high credit rating, efficient operational capabilities and stable cash flows. At the floor price of Rs. 201 for the issue stock appears to be at discount.


I think we should go ahead and subscribe to this issue.