Snowman Logistics IPO oversubscribed 60 times, what about allotment & listing price

Snowman Logistics IPO oversubscribed 59 times Integrated temperature controlled logistics company Snowman Logistics IPO got overscribed by 59 times. This issue closed yesterday on 28-Aug-2014. What is that analysts and investors are predicting now about the allotment and issue price? About Snowman Logistics IPO Snowman Logistics Limited IPO opened on 26th August, 2014 for subscribing Rs 197 Crores. However, it received excellent response from all types of investors and it got oversubscribed to the tune of Rs 9,000 Crores which […]

Post Office Monthly Income Scheme (MIS) -Who should invest?

Post Office Monthly Income Scheme (MIS)-Who should invest? One of the safest investment options is investing in post office saving schemes. Among the various investment offerings from the Post office, Monthly Income Scheme (MIS) is a unique scheme which provides regular monthly income. There are several good things about Post Office Monthly Income Scheme (MIS). What are the features of Post Office MIS Scheme? Who should invest in such Monthly income Schemes (MIS) of Post office?   Features of Post […]

Tech Mahindra Limited – Best Stock to buy in 2014

Tech Mahindra Limited – Best Stock to buy in 2014 There were several requests on this blog to give some stock recommendations. Even, I have been thinking about stock recommendations on this blog, but could not do it earlier. Finally the day has come. Among IT companies, few of the IT players have been performing well. While TCS has been an evergreen player, one of the top performing technology company is Tech Mahindra Limited. Tech Mahindra is 5th largest IT Vendor […]

Snowman Logistics IPO – Crisil rates 4/5 – Should you invest?

Snowman Logistics IPO – Crisil rates 4/5 – Should you invest? After Wonderla IPO and after long time, there is one more non SME IPO, Snowman Logistics IPO would hit market on 26th August, 2014. Crisil rates this Snowman Logistics Limited IPO at 4/5 which indicates above average fundamentals. Revenues have been growing consistently in the last 5 years. What should be your take on this Snowman Logistics Initial Public Offering? What are the risks  involved in this IPO? Should […]

What is Rule of 72 and how it is useful to double your money?

What is Rule of 72 and how it is useful to double your money? You might be investing in various investment options. However, you may be wondering by when you would double your money. You might also wonder that if you want to achieve a target of doubling your money in specific years, how much return you need to get and where to invest. This is where Thumb rule of 72 would help you. Rule of 72 or Thumb Rule […]

11.5% Muthoot Finance NCD of Aug/September 2014

Muthoot Finance NCD of August / September 2014 Muthoot finance have been issuing NCD’s regularly in this financial year. It is now coming one more time with Secured NCD and Unsecured NCD. Muthoot Finance NCD of Aug 2014 would open for subscription today (18th August, 2014). The interest rates are as high as 11.50% per annum. I have been providing provided my analysis earlier several times on Muthoot Finance NCD’s, however, I would cover some important points here in this […]

9% LIC Varishtha Pension Bima Yojana for Senior Citizens

LIC Varishtha Pension Bima Yojana for Senior Citizens Central Government has re-launched Varishtha Pension Bima Yojana (administered by LIC) on this independence day 15th August, 2014 for Senior Citizens. Varishtha Pension Bima Yojana provides 9% assured returns which are payable per month by way of pension. How good is Varishtha Pension Bima Yojana? What are the positives and negative about this Central Government Varishta Pension plan?     Also Read: How is HDFC Guaranteed pension plan scheme? Features of Varishtha Pension Bima Yojana Scheme […]