Last week, we explored what a risk profile means, its implications on your asset allocation and also debunked a myth that your risk profile is linked with your age. Here’s a quick recap of it. Alternatively, read through the entire article here. Key factors determining your risk profile are Your…
Leave a Comment
A while ago, I wrote about how investing is simple. I also laid out a 5 point plan for managing investments. If you haven’t read it, it’s here. A mere 4 minute read. Let’s build on that and explore point 1 – “Assess your goals and risk profile” in greater…
3 CommentsOne interesting development during the week was that Bajaj Finance got RBI approval to issue and operate “Semi-closed” Prepaid Payment Instruments (PPI) with perpetual validity. Here is an explainer note on what this means for Bajaj Finance and potential implications. What are Prepaid Payment Instruments? PPIs are instruments that facilitate…
Leave a CommentPower grid InvIT has several pluses like strong sponsor, demand for power transmission assets expected to remain very strong etc. But it should be noted that IRR over the life of the existing contracts is approximately 8.5% pre-tax. (Yield of 11-12 % which is being marketed by some distributors is…
Leave a CommentEverydays: The First 5000 Days Sold for $69,346,250! Yes you read it right. The JPG file (21,069 by 21,069 pixels) which I just took from the internet was sold on 11th March 2021 on Christie’s for $69mio. The art work is called Everydays: The First 5,000 Days and is by…
4 CommentsWe had shared our positive view on MTAR IPO about 10 days ago. It listed at around 90% premium to issue price. However, allotment success rate was low due to high oversubscription. We have a slew of IPOs in next 7 days. Below are details: Both Nazara Technologies and Laxmi…
Leave a CommentCurrent Grey Market premium is estimated at 80%. Retail category has been subscribed 15.05 times and HNI/Non-Institutional category has been subscribed 6.86 times as on end of today i.e. 4th March, 2021 (second day of IPO). Subscription is expected to increase further. We are applying through our savings (ASBA ) accounts…
Leave a CommentThere is this scene from Trishul (released in 1978) when Amitabh Bachchan (Indian Superstar) comes to Sanjeev Kumar to strike a deal of Rs 500K (worth USD 160K in today’s money) with pennies in his pockets. To me this sums up what is going on with the Gamestop stock story…
4 CommentsThe next upcoming IPO is Brookfield REIT (Feb 3 to Feb 5). We have a positive view on this IPO. First a quick primer on what REITS are What are REITs : In simple words, REITs or Real Estate Investment Trust units are fractional or part ownership of real estate…
Leave a CommentThe past few days have had a few IPO listings – IRFC, Indigo Paints and Home First Finance. Let’s have a look at how these IPO’s fared: As you can see, due to high oversubscription gain as % of amount bid was much lower than listing gain % We have…
2 Comments