Advanced Exotic Derivatives Trading Strategies & Valuation

In this article, we will give a brief outline of the various Advanced Exotic Derivatives Trading Strategies & Valuation Techniques and topics to be covered in the Advanced Exotic Derivatives Trading Strategies & Valuation. The biggest problem with this kind of valution or trading business is that the assets we are dealing with are not known to anyone. All people end up doing is making bets in the market, that too on things which are unknown to them. The Advanced Exotic Derivatives are the ones which led to the downfall of many big banks in the recent times. Hence, it is very very important for anyone to understand and learn the Advanced Exotic Derivatives Trading Strategies & Valuation strategies. Although a full detailed course spanning over a year is required for anyone to become a master of Exotic Derivatives or Advanced Derivatives, but this article will provide the essential details about which all topics one should be looking for while attending a Course on Advanced Exotic Derivatives Trading Strategies & Valuation Techniques.
Let's begin with the basics for the Advanced Exotic Derivatives Trading Strategies & Valuation:

Introduction to Advanced Exotic Derivatives Trading Strategies & Valuation

  -Using Derivatives Versus Trading the Underlying Asset/Commodity/Security: The main difference when you value or trade any particular security v/s its derivative

  -Arbitrage Pricing of Derivatives: The Arbitrage theory or the free money or free lunch trading strategy of derivatives

  -Derivative Pricing Models and usage of these models for Pricing, Trading Strategies & Valuation:

Futures and Forward Contracts and their Trading Strategies & Valuation:

  -Pricing/Valuation of Futures/Forwards and other derivatives

  -Futures/Forwards Valuation mechanism & Trading Strategies

Equity Options Trading Strategies & Valuation:

  -Pricing/Valuation of Options (Plain Vanilla and Exotics)

  -The Greeks and Option Price Sensitivity

  -Option Trading Strategies

Swaps Trading Strategies & Valuation:

  -Interest Rate Swaps

  -Pricing/Valuation and Trading Strategies for Other Types of Swaps

Credit Default Swaps (CDS) Trading Strategies & Valuation:

  -Pricing/Valuation of CDS

  -Trading/Risk Management Applications of CDS

Hedge Accounting Techniques: Derivatives & Hedge Accounting

In this article, we will give a brief outline of the various Hedge Accounting Techniques and topics to be covered in the Hedge Accounting Techniques. As the world has seen a big downfall recently and most of it is courtesy of the derivatives, it is very very important for a financial professional to be familiar with the Derivatives & Hedge Accounting Techniques. Although a full detailed course spanning over a year is required for anyone to become a master of Risk Management, but this article will provide the essential details about which all topics one should be looking for while attending a Course on Hedge Accounting Techniques.
Let's begin with the basics for the Hedge Accounting:

Overview of Derivative Products and Structures: First, the beginning of the topic will be an intro to the various derivative products and how they fit into the accounting structure. The derivates covered fall into the segment of:

--  Interest Rate Derivatives and Hedging using IR Derivatives

--  Foreign Exchange Derivatives & Hedging

--  Commodity Derivatives and Hedging

--  Equity Derivatives and Hedging

--  Credit Derivatives and Hedging

Accounting for Derivatives Not in Hedge Relationships :
Though there may not be any hedging for certain financial transactions, traders or organizzations may still get into Derivative transactions. This module will cover those cases.

Hedge Accounting: Here the introduction to Hedging and the Hedge Accounting begins and covered under the following topics:

--  Brief Outline of Hedge Accounting under FAS 133 & IAS 39

--  Hedge Types: Here we talk about the Fair Value, the Cash Flow and Net Investment numbers and how to ascertain them

--  Performing Hedge Effectiveness: Measurement & Assessment of Hedging

--  Sample Journal Entries for each Hedge Type: A sample case and study

--  Other Comprehensive Income Accounting and Amortization of Balances


Fair Value Accounting: Getting to the right numbers in accounting for derivatives and hedging in the right way.

--  Measuring Fair Value

--  Credit Considerations

--  New Accounting Standards; SFAS 157, SFAS 159, and recent FRS: Intro to the newly introduced Accounting standard with respect to Derivatives and Hedge Accounting

Differences in International Standards; IAS 39 : The various differences in the international standard followed across the globe


Reporting and Disclosure:

--  Appearance on Financial Statements; Derivatives in Hedge Relationships

--  Footnote Disclosure Requirements

--  Effect of New SFAS 161 Guidance in 2009


Operational Challenges:

--  Marrying Accounting Policy with Operational Processes

--  Timing Constraints and Implementing New Strategies

--  Regression Analysis

Risk Management for Non Quantitative Finance Professionals

In this article, we will give a brief outline of the various Risk Management aspects and topics to be covered in the Risk Management for Non Quantitative Finance Professionals. Although a full detailed course spanning over a year is required for anyone to become a master of Risk Management, but this article will provide the essential details about which all topics one should be looking for while attending a Course on Risk Management. Although it may be for quant professionals, we will also detail it for non-quant prrofessionals, as all people working on the finance and investment business are not well versed with quantitative aspects of finance and investments.
Let's begin with the basics:
Topic No. 1: Background & Introduction to Risk Management: We start with an introduction and certain case studies leading to Risk Management.

  Review and Critique of Modern Portfolio Theory with regard to Risk Management

  Concepts of Probability and Statistics and their application to Risk Management
  

Topic No. 2: Value at Risk (VaR) Concepts and their application to Risk Management: What is VaR, why is it important, why is it useless and how it should be looked upon for Risk Management

  Portfolio Risk, Incremental and Marginal Risk

Topic No. 3: Advanced Value at Risk VaR for Risk Management: We talk about the quantitative methods like simulations and regressions

  Monte Carlo Simulation

  What is the Fat Tail and Black Swan?

  Weaknesses in VaR and how to address them
  

Topic No. 4: Regulatory Environment and needs for Risk Management:

  Basel II and Proposed Industry Regulation Requirements

  Disclosures and Measures, Sharpe Ratio calculations, etc.
  

Topic No. 5: Extreme Events that may shatter Risk Management Techniques: We always look at the AVERAGE or MEAN value and assume that it will be applicable. What we dont understand is that worst cases and extreme cases can shatter us in big way.

  Worst Case Scenarios analysis

  Back Testing and its usage in Risk Management

  Stress Testing for Risk Management models

  Extreme Value Theory (EVT)
  

Topic No. 6: Credit Risk and managing it with Risk Management: Here we introduce models which are specific to Credit Risk - something like the counterparty risk.

  Altman Z Score, Merton and Jarrow Models, Transition Models

  CDO - Collateralized Debt Obligations

  CDS - Credit Default Swaps

  Impact on Overall Markets

Topic No. 7: Multi Factor Models and their applications to Risk Management:

  Alternative Way to Identify and Manage Risk
  

Topic No. 8: Liquidity Risk and analysis within Risk Management:

  A case study about how Bear Stearns was let down because of liquidity risk
  

Topic No. 9: Operational Risk and its mitigation with Risk Management Techniques:

  Key Risk Indicators (KRI) and Control Self Assessments (CSA)

Derivative Instruments: Types of Derivative Instruments

In this article, we will discuss the Introduction to Derivative Instruments and Types of Derivative Instruments. Again, the list covered in this article may not be comprehensive, but should be sufficient for someone interested in learning about the Derivative Instruments and the types of Derivative Instruments. This article will give a complete overall picture of the various courses and contents of Derivative Instruments. We are covering Plain Vanilla Derivatives like Futures, Options as well as exotics like Swaps and Swaptions. Here is the link to Options Trading Tutorials

Introduction to Derivative Instruments:

Derivative terminology and definitions : The first level overview of Derivatives

General characteristics of derivatives: The features, pricing elements and what determines, define and differentiates a derivative intstrument from other financial instruments.

Derivatives compared to securities : This topic is conttinuation of the above topic

Risk management applications : USe of Derivatives for Risk Management


Futures and Forward Contracts :

Terminology and definitions : of Futures and Forward Contracts

Exchange traded (listed) versus over-the-counter (OTC) contracts : The various type in terms of trading Futures and Forward Contracts

Types of contracts (equity, currency, energy, etc.) : Based upon the udnerlying how the Futures and Forward Contracts are classified

Forward pricing basics : Introdcution to Futures and Forward Contracts Pricing Models

Trading and risk management applications : How to use Futures and Forward Contracts for Risk management

Options :

Terminology and definitions : of Options

Option contract characteristics : Features of Options Instruments

Buying calls and puts : Difference between Put and Call Options

Writing (selling) calls and puts : Short Selling of Put and Call Options

Combination trading strategies : Various financial structures to be created using Options

Option pricing basics : The Black Scholes Model for pricing the Options


Swaps :

Terminology and definitions of Swaps

Swap contract characteristics

Interest rate swap contract cash flows and risks

Other types of swaps- equity, currency, commodity and credit/default

Risk management applications and use of Swaps for Risk Management

E-Clerx Freshers Walk-in at Pune (0-2 years)

E-Clerx, which is known to be one of the first KPO's or Knowledge processing outsourcing companies of India, is arranging a walk-in interview session this week. They have a pretty big staff strength of more than 2500 people based in Pune & Mumbai and are willing to add to this group in the domain of Capital Market and E-Commerce.

There are 2 ways one can apply for the job at E-Clerx:

Walk-in Interview for E-Clerx:

Date: Monday to Friday, this week i.e. 11th to 15th January 2010
Time: 10 AM to 5 PM
Address of Walk-in interview: DLF Akruti IT Park, 5th Floor, Block 1, Rajiv Gandi InfoTech IT Park, Hinjewadi, Phase II, Pune

An alternate venue in city limits is:
Place: Gordon House Hotel, E-Square, University Road, ShivajiNagar, Pune
Date: 13th and 14th January 2010
Time: 10 AM to 5 PM

Please note that walk-in at Gordon House Hotel are only on 13th and 14th Jan, while those at Hinjewadi at throughout this week.

Eligibility Criteria:

As mentioned in the ad by E-Clerx, they are looking for people with 0 to 2 years of experience, so freshers are welcome to apply.

Other than that, here are some more details:

- Willingness to work in different time zones - (Day/Evening or Night shifts)

- Below 30 years of age

- Knowledge of Finance, MS Office Applications like MS Word, Excel, etc., and/or Computer Hardware expertise

- Job location will be in Mumbai and Pune

- Candidate must bring all certificates, degress and work experience letters. Passport size photos are also required.

What will be the job description at E-Clerx for Capital Market segment?
It will be involving pre or post trading settlement, clearing, order management, trade reconciliation, etc. activities.

What will be the job description at E-Clerx for ECommerce segment?
It will involve data management, pricing information management, analytics, web analytics, content management, etc.

I cannot attend the walk-in, how should I apply to E-Clerx?
In their ad, they have mentioned that CV's can be mailed to recruiters@eclerx.com mail-id.
However, when a walk-in is arranged, it is usaully advised to attend the walk-in, so that the chances of selection are more.

Hedge Fund Operations: Introdcution, Example of Hedge Funds

In this article, we will explain the Hedge Fund Operations. All topics, examples, introductions, steps and processes involved in Hedge Fund Operations and Lifecycle are explained:
Hedge Fund Participants:

-- Types of Hedge Funds: Covering all kinds of Hedge Funds and the market participants according to the Hedge Fund

-- Sell-side firms: Basically the market makers in the Hedge Fund industry

-- Administrators: Hedge Fund monitoring

-- Prime Brokers: Who offer brokerage services for Hedge Fund traders

-- Custodians: Offers Custodian services

Hedge Fund Portfolio Management:

-- Positions & Balances within Hedge Fund

-- Indications of Interest: Since Hedge Funds may take a directional view, the interest is of prime importance

-- Pricing / Valuation of Hedge Fund

-- Order Management of Hedge Fund

Hedge Fund Order ? Execution ? Trade: Process of how the order is placed, executed, traded and finally settled

-- Marketplaces

-- Notice of Executions

-- Order versus Executions balancing

-- Average price trades

-- "Done Away" trades

-- Trade Allocation

Hedge Fund Trade Matching, Allocation, Affirmation:

-- Confirmation / Affirmation

-- Resolving exceptions

Hedge Fund Settlement Reporting:

-- Exchange of Value

-- Flow of Information

-- Typical Problems

Hedge Fund Asset Servicing:

-- Income Collection

-- Corporate Actions

-- Valuation

-- Reconciliation

-- Tax Lot Accounting

-- Reporting to Partners & Investors

Hedge Fund Oversight:

-- SEC registration

-- Exemption

-- Offshore regulations

-- Compliance Manual

Emerging Trends in Hedge Fund Industry:

-- IOSCO Recommendations

-- Best Practices

-- Technology

-- Critical Metrics

Tiger Air Singapore IPO: Review Analysis & Details

An airline company based in Singapore is planning its IPO in the local stock Market. It is the Tiger Air or Tiger Airways Company which is planning to come out with its Initial Public Offering or IPO in Singapore.
In this article, we will look at the Review, Analysis and Details of the Tiger Air Singapore IPO and try to do the Review and analysis of Tiger Air Singapore IPO.
Some basic details first about the Tiger Air Singapore IPO, which are available as of now:

- The size of Tiger Air Singapore IPO is expected to be around Singapore Dollar 273 million (195.7 million US Dollars).

- This will be a unique listing - unique in the sense that an asian airline company is going for IPO in 5 years

- Proceeds of IPO will be used for Business Expansion & Infrastructure enhancements

What is the issue size of the Tiger Air Singapore IPO?
Around Singapore Dollar 273 million (195.7 million US Dollars) is the size of the IPO.

How will the capital raised by Tiger Air Singapore IPO be used?
The Proceeds of IPO will be used for multiple purposes: purchasing new aircrafts, repayment of loans or debt as well as setting up a new operating base thereby going for Infrastructure enhancement and operating capacity to be improved.

What is the price band of Tiger Air Singapore IPO?
Around 165 million shares will be sold which will be roughly 30% of the total share capital. The planned IPO size is 273 million S$, so if we go by that calculation, a share of Tiger Airways Singapore IPO may cost around 1.65 S$. However, this is the calculated price, the exact price is not yet confirmed. Its quoted as indicative price of S$1.35 to S$1.65 a share.

How many shares will be sold in the Tiger Air Singapore IPO?
As per the details, around 165 million shares will be sold.

What is the trading symbol & exchange for the Tiger Air Singapore IPO
No info about that

What are the IPO dates for Tiger Air Singapore IPO
The IPO for Tiger Air Singapore will begin sometimes this month i.e. January 2010.

What are the analysts recommendations for this IPO?
It's going to be bet - airline companies across the globe are having a tough time. High fuel costs, high operational cost, reccession and no clear sight of end of recession is preventing any clear recommendations to be given about airline stocks. However, it is seen as a bold move by Tiger Airways to come out with an IPO at such a time since no other asian airline company came out with an IPO in the last 5 years.

What are the business results for Tiger Air Singapore?
The airline suffered a loss of S$50.8 million last year. As for the business, it has 17 Airbus A-320 aircraft in service with orders for another 55 A-320s that will be delivered between now and 2016

Maruti Suzuki Eeco Car: Review, Details Priced at 2.59 - 2.89 lakh

While its too early for a review to be written about the Maruti Suzuki Eeco Car, which is launched recently in the auto car expo. Its a multip purpose Vehicle, MPV, from Maruti's stable. Being the car company which occupies 50 percent of car market in India and known to be the most reliable car in terms of quality and maintenance for cars, it is sure not to easily allow other entrants to eat up its market share.
Maruti knows the Indian market quite well. They know the indian mentality, how the people here are sensitive to prices and want more for less. That's why they have come out with their new offering, the maruti Eeco.

With the small car segment being flooded by options with new models and new entrants like Volkswagen, Toyota, Honda, etc. Maruti has hit back with its MPV called Eeco.

Powered by 1200 cc powerful engine, compliant with Bharat 4 emission norms, it is also good at pricing. Priced at just 2.59 to 2.89 price range (ex-showroom) this will be a good car to compete.
It's a 5 door C segment car offering 73 bhp of power @6000rpm, a high torque of 101Nm@3000rpm.
There are 2 options for seating - 5 seater and 7 seater, so it is expected to be rich in interior spacing.
It is claimed to have the best fuel efficiency in its class.
It is also learnt to be designed in India for India by the Indian engineers. Another development is on the green front, the Eeco will also come with an electric version sometimes later and it will be called Maruti Eco Charge.

Eeco is offered in an array of six exhilarating colors:
- Metallic Glistening Grey
- Metallic Silky Silver
- Metallic Midnight Black
- Metallic Blue Blaze
- Bright Red
- Superior White

However, one should not forget how Maruti has faired in the past with some of its not so successful models. WagonR was an instant hit, but Versa struggled a lot and does not command any significant market share

Google Nexus One Phone Pictures: Images of the Google Nexus One Phone

Continuing further from our past article Google Nexus One Phone: Does Google really need it?, here are some Pictures of the Google Nexus One Phone.
Picture of Google Nexus One Phone Back Side:
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Picture of Google Nexus One Phone Battery:
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Picture of Google Nexus One Phone Connectivity:
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Picture of Google Nexus One Phone Front View & Keypad:
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Picture of Google Nexus One Phone FrontView:
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Picture of Google Nexus One Phone Keypad:
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Picture of Google Nexus One Phone Prototype:
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Picture of Google Nexus One Phone Touchscreen:
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SouthGobi Energy HongKong IPO: Review Analysis & Details

A coal mining company based in Canada is planning its IPO in the overseas HongKong Market. It is the SouthGobi Energy Resources Company which is planning to come out with its Initial Public Offering or IPO in HongKong.
In this article, we will look at the Review, Analysis and Details of the SouthGobi Energy HongKong IPO and try to do the Review and analysis of SouthGobi Energy HongKong IPO.
Some basic details first about the SouthGobi Energy HongKong IPO, which are available as of now:

- The size of SouthGobi Energy HongKong IPO is expected to be around 400 million US Dollars.

- This will be an overseas IPO after the Toronto Canada listing

- Proceeds of IPO will be used for developing the coal assets in Mongolia

What is the issue size of the SouthGobi Energy HongKong IPO?
Around 400 million USD is the size of the IPO.

How will the capital raised by SouthGobi Energy HongKong IPO be used?
The Proceeds of IPO will be used for developing the coal assets in Mongolia around the Ovoot Tolgoi mine. Infrastructure enhancement and production capacity will be improved.

What is the price band of SouthGobi Energy HongKong IPO?
No info available about that.

How many shares will be sold in the SouthGobi Energy HongKong IPO?
As per the details, around 75 percent will be for institutional investors and firms, around 15 percent to Canada based investors and rest 10 percent to Hong Kong retail investors

What is the trading symbol & exchange for the SouthGobi Energy HongKong IPO
The trading symbol will be "1878" or 1878.HK.
Macquarie & Citigroup are the BRLM for the IPO.

What are the IPO dates for SouthGobi Energy HongKong IPO
The IPO for SouthGobi Energy HongKong will begin sometimes around 11th january 2010. The listing is planned on January 29th.

What are the analysts recommendations for this IPO?

Infinite Computer Solutions IPO: Review Analysis & Details

An IT company is planning its IPO. Till yesterday, there was news about the BPTP IPO. Today, another company has come out with the news of IPO. It is the IT Company Infinite Computer Solutions which is planning to come out with its Initial Public Offering or IPO.
In this article, we will look at the Review, Analysis and Details of the Infinite Computer Solutions IPO and try to do the Review and analysis of Infinite Computer Solutions IPO.
Some basic details first about the Infinite Computer Solutions IPO, which are available as of now:

- The size of Infinite Computer Solutions IPO is expected to be around 1.9 billion Rs.

- India Infolinie Limited & SPA Merchant Bankers are the BRLM or Book Running lead Managers for the issue

What is the issue size of the Infinite Computer Solutions IPO?
Around 1.9 billion Rs. is the size of the IPO.

How will the capital raised by Infinite Computer Solutions IPO be used?
The news source do not quote any details about that

What is the price band of Infinite Computer Solutions IPO?
Infinite Computer Solutions shares are priced in the price band of Rs. 155-165 per share, to be determined by the book building process.

How many shares will be sold in the Infinite Computer Solutions IPO?
Around 11.5 million shares are expected to be sold. Out of that, the existing shareholders will sell around 5.77 million shares and fresh new equity shares of 5.7 million shares. Total dilution will be around 26%.

What is the trading symbol & exchange for the Infinite Computer Solutions IPO
No info is available about the trading symbol.

What are the IPO dates for Infinite Computer Solutions IPO
The IPO for Infinite Computer Solutions is going to come sometimes early 2010. The DRHP is filed with SEBI.

What are the analysts recommendations for this IPO?
No recommendations from market analysts are available as of now

Bihar Sixth Pay Commission Arrears & Salary Hike Details

We had reported about the implementation of 6th Pay commission in Bihar in the month of January 2009 in this article :Bihar implements Sixth Pay Commission Recommendations Pay Hike. The latest news on Sixth Pay Commission is for the state of Bihar, whose state employees are going to benefit from the recommendations of the Sixth Pay Commission. It comes as a new year gift to all the state employees of Bihar state, where the recommendations of the 6th Pay commission are accepted. These state employees, basicallay government employees will be getting the benefits of the Sixth pay Commission Panel Recommendations.

Since which date will the Sixth Pay Commission Recommendations be effective?
It is reported that the pay hike for Bihar will be effective from 1st January 2006. That will mean a big amount of money will be paid in arrears to the Bihar state employees.

Will the arrears be paid in installments to the Bihar employees?
No info is available about that, but looking at the arrears payment trend, that seems possible.

General Sixth Pay Commission Salary Hike & Arrears Calculator

Salary Calculator for Pension calculations for Sixth Pay Commission Salary Hike

How many employees are expected to benefit from this recommendation?
Around 5,00,000 employees of Bihar state are expected to benefit from this recommendation.

Which employees will benefit?
All the state government employees of Bihar State will benefit from the pay hike or salary revision

Fixed Income Securities Mathematics: Bond Mathematics, Calculations, Valuations & Examples

In this article, we will discuss about Fixed Income Mathematics, Valuations topics of Bonds or Fixed Income Securities, Calculations for Fixed Income Securities and how the market for Fixed Income Securities works?
Let's start with the basics:
Fundamental or Basic Concepts of Fixed Income Mathematics:

- The difference between Interest Rates, Yields and Rates of Return Compared

- Interest Rate Calculation Conventions - Simple Interest Versus Compound Interest

- Time Value of Money - The basic of Bond pricing - Present Values and Future Values

Fixed Income Market Pricing and Yield Conventions:

- Pricing Coupon and Zero Coupon Bonds

- Day Count Conventions

- Accrued Interest

- Pricing Money Market Instruments

Yield Curves and their uses:

- Types of Yield Curves and their Constructions

- Applications of Yield Curves to Fixed Income Pricing and Analysis

Mortgaged Backed Securities:

- Pass Through Security Pricing and Yield Conventions

- Quantifying Prepayment Speed


Fixed Income Futures:

- T-Note and T-Bond Futures Contracts

- Eurodollar and T-Bill Futures

While attending such a course which involves calculations and mathematics, one should always have a calculator available

BPTP IPO: Review Analysis & Details

Till yesterday, there was news about the Dominos Pizza IPO. Today, another company has come out with the news of IPO. It is the real estate major BPTP which is planning to come out with its Initial Public Offering or IPO.
In this article, we will look at the Review, Analysis and Details of the BPTP IPO and try to do the Review and analysis of BPTP IPO.
Some basic details first about the BPTP IPO, which are available as of now:

- The size of BPTP IPO is expected to be around 1500 Crore Rs.

- The purpose of the IPO is to raise funds and expand the business as well as repayment of certain loans and debts

What is the issue size of the BPTP IPO?
Around 1500 Crore Rs. is the size of the IPO.

How will the capital raised by BPTP IPO be used?
The BPTP company would use the IPO proceeds for early payment of loans and expansion of its business. Out of the proposed 1500 Cr. IPO, around 325 Crore Rs. will be going towards early payment of loans - it has a loan of around 770 Crore Rs.
Rest will be used for completion of its projects like 'Park Elite Floors' project at Faridabad
It also has to pay to the government for the construction and development charges which may be to the tune of more than 500 Crore Rs.

How many projects is the company currently having.?
BPTP has around 17 project which makes it one of the big reality companies. The total saleable are stands at around 39 million sq. feet. In addition to that there are some 40 new future and ongoing projects, which will add another 58 million sq. feet of area to its umbrella.

What is the price band of the BPTP IPO
The price band for shares of BPTP IPO is not known as of now.

What is the trading symbol & exchange for the BPTP IPO
No info is available about the trading symbol.

What are the IPO dates for BPTP IPO
The IPO for BPTP is going to come sometimes early 2010. The DRHP is filed with SEBI.

What are the analysts recommendations for this IPO?
No recommendations from market analysts are available as of now. But this company is known to have troubles in the recent past. It was forced to surrender its biggest land deal all because of the credit crunch and lack of funds within the company. However, the things may turn around as the demand in the real estate sector may pick up soon.

Gujarat Pipavav Port IPO: Review Analysis & Details

Till yesterday, there was news about the Gujarat Pipavav Port IPO. Today, another company has come out with the news of IPO. It is the Gujarat Pipavav Port which is planning to come out with its Initial Public Offering or IPO.
In this article, we will look at the Review, Analysis and Details of the Gujarat Pipavav Port IPO and try to do the Review and analysis of Gujarat Pipavav Port IPO.
Some basic details first about the Gujarat Pipavav Port IPO, which are available as of now:

- The size of Gujarat Pipavav Port IPO is expected to be around 500 Crore Rs.

- The purpose of the IPO is to raise funds and expand the business

- Port Pipavav is a PPP i.e. a public ? private partnership enterprise

What is the issue size of the Gujarat Pipavav Port IPO?
Around 500 Crore Rs. is the size of the IPO.

What is the current shareholding pattern of Gujarat Pipavav Port IPO?
Port Pipavav is operated by APM Terminals, part of the A.P. Moller-Maersk Group one of the largest container terminal operators in the world. APM Terminals has operations spread over more than 50 terminals in 31 countries, on five continents. With a 54% stake, APM Terminals is the largest shareholder in Port Pipavav. The other shareholders of the company include New York Life International India Fund (Mauritius) LLC, IDFC Infrastructure Fund, The Infrastructure Fund of India, IL&FS Trust Company Ltd., Jacob Ballas Capital India Pvt. Ltd., Unit Trust of India, Industrial Development Bank of India and India Infrastructure Fund.

How will the capital raised by Gujarat Pipavav Port IPO be used?
The company would use the IPO proceeds for early payment of loans and expansion of its business. Out of the proposed 500 Cr. IPO, around 300 Crore Rs. will be going towards early payment of loans. Rest will be used as follows: Rs 88.52 crore for investment in capital expenditure and Rs 31.08 crore towards investment in capital equipment among others.

What is the price band of the Gujarat Pipavav Port IPO
The price band for shares of Gujarat Pipavav Port IPO is not known as of now.

What is the trading symbol & exchange for the Gujarat Pipavav Port IPO
No info is available about the trading symbol.

What are the IPO dates for Gujarat Pipavav Port IPO
The IPO for Gujarat Pipavav Port is going to come sometimes early 2010. The DRHP is filed with SEBI.

Who are the underwriters of the Gujarat Pipavav Port IPO?
No Info.

What are the analysts recommendations for this IPO?
No recommendations from market analysts are available as of now