ONGC FPO IPO: Review Analysis & Details of Oil and Natural Gas Corporation FPO IPO

It's the season of IPO's and FPO's - so the Government of India has also joined the party with an FPO of Oil and Natural Gas Corporation.
The much deferred, actually twice deferred FPO or Follow-on Public Offer of Oil and Natural Gas Corporation ONGC is now expected to come out on September 20, 2011 as per the latest news and reports. It is reported that the road show for the much awaited ONGC FPO will start on 6th September 2011 in New York and the opening of the ONGC FPO will be on 20 September 2011.
The FPO or follow-on public offer of the another government owned healthy company called ONGC or Oil and Natural Gas Corporation is expected soon. Investors who are interested in applying for this FPO or IPO should note that this is NOT an IPO, rather it is an FPO since the ONGC Shares are already listed on the stock exchanges.
In this article, we will look at the Review, Analysis and Details of the ONGC FPO and try to do the Review and analysis of Oil and Natural Gas Corporation FPO.

ONGC Oil and Natural Gas Corporation FPO: Review Analysis & Details

Some basic details first about the ONGC FPO, which are available as of now:

- The issue size of the ONGC IPO is Rs 12,192 crores INR
- There will be 5% shares sold through this ONFC FPO which will constitute around 428 million ONGC shares
- The prospects for the ONGC FPO is expected to be filed on September 5, 2011

What is the issue size of the ONGC FPO / ONGC IPO?
Issue size for ONGC FPO is Rs. 12,192 Crore Rs. Image sourced from ONGC website

What is the price band of ONGC FPO / ONGC IPO?
Although exact details are not known, but it is expected that the price band of ONGC FPO will be around Rs. 285 per share. Yesterday's closing price of ONGC was around 263 Rs (30th August 2011). It is currently not known whether retail investors will get any discount on the price, since this is an FPO. But general understanding is that usually all government company IPO's have a typical 5% discount, so it should be available. Things will become clear once the exact details are available.

How many shares will be sold in the ONGC FPO / ONGC IPO?
A total of 427.77 million shares will be sold through the FPO.

What is the trading symbol & exchange for the ONGC IPO
The symbol will remain same as this is an FPO from ONGC.

What are the IPO dates for ONGC IPO
The ONGC IPO FPO open dates are expected to be from 20 September 2011 to around 3-5 days period.

Any ratings given to ONGC IPO?
No information about that. However, this being one of the 3 largest companies by market-cap size and being a government owned company in the oil and gas sector, it is learnt to have strong fundamentals. It is usually always on high ratings and learnt to have strong fundamentals.

What are the analysts recommendations and business results for ONGC IPO?
Being a government owned company with one of the largest market cap in the oil and gas sector, it is recommended that investors can stay invested in this company shares for long term.
This FPO from ONGC is much awaited and has been deferred twice due to market conditions and various other reasons. Stock experts believe that this ONGC FPO will get good response from investors.
While there are good prospects for this company with recently resolved issues of Rajasthan Oil fields, there are still some open issues about subsidy sharing mechanism which need to be addressed. However, investors with long term view should not worry about these things.
Government stake in ONGC post this FPO will come down to around 69% from the current 74% approx.

PFC FPO IPO: Review Analysis & Details of Power Finance Corporation FPO

It's the season of IPO's and FPO's - so the Government of India has also joined the party with an FPO of Power Finance Corporation Limited.
The FPO or follow-on public offer of the another government owned healthy company called PFC or Power Finance Corporation Limited has opened up. Investors who are interested in applying for this FPO or IPO should note that this is NOT an IPO, rather it is an FPO since the PFC Shares are already listed on the stock exchanges. This is the same company which came out with the PFC Infrastructure Bonds
In this article, we will look at the Review, Analysis and Details of the PFC FPO and try to do the Review and analysis of Power Finance Corporation FPO.

PFC Power Finance Corporation FPO: Review Analysis & Details

Some basic details first about the PFC FPO, which are available as of now:

- The issue size of the PFC IPO is Rs 4,700 crores
- The details about FPO price of PFC is not knows as of yet. However, if the FPO price is offered at a discount to the current price, it is worth subscribing to the FPO
- Being a Navratna company, it is recommended for both a medium term and long term hold

What is the issue size of the PFC IPO?
A total of 22.95 crore shares will be sold through the FPO.

What is the price band of PFC IPO?
The price band of PFC FPO is Rs 193 to Rs 203 per share.

How many shares will be sold in the PFC IPO?
The total no. of shares to be sold through this IPO is a total of 22.95 crore equity shares.

What is the trading symbol & exchange for the PFC IPO
No info about that

What are the IPO dates for PFC IPO
The PFC IPO FPO dates are from 10 May 2011 to 13 May 2011.

Any ratings given to PFC IPO?
No information about that. However, being a Navratna company already listed in the stock markets, this is known to be having very good fundamentals
PFC initially listed on the stock exchanges in March 2007 and since then it has doubled in value, as per the recent market cap stats.

What are the analysts recommendations and business results for PFC IPO?
Being a government owned Navratna company, it is recommended that investors can stay invested in this company shares for long term. This company also brought the Infrastrcuture Bonds issue recently PFC Infrastructure Bonds
On the first day of opening of FPO, the FPO was subscribed by 9%.
BofA Merrill Lynch, Goldman Sachs, JM Financial are the BRLM or Book Running Lead Managers to the issue

Shipping Corporation SCI FPO IPO: Review Analysis & Details of Shipping Corporation of India SCI FPO IPO

It's the season of IPO's and FPO's. Most importantly, majority of them are coming from the Government of India which is attempting to capitalize upon the easy money collection opportunities offered by Stock markets through IPO and FPO.
The FPO or follow-on public offer of the another government owned healthy company called Shipping Corporation of India SCI Limited is coming up. Investors who are interested in applying for this FPO or IPO should note that this is NOT an IPO, rather it is an FPO since the Shipping Corporation of India SCI Shares are already listed on the stock exchanges. As reported earlier, the Coal India IPO was a huge success a few days back, and then we have a Power Grid FPO IPO: Review Analysis & Details and Manganese Ore IPO: Review Analysis & Details followed by Hindustan Copper FPO IPO: Review.
In this article, we will look at the Review, Analysis and Details of the Shipping Corporation of India SCI FPO and try to do the Review and analysis of Shipping Corporation of India SCI FPO.

Shipping Corporation of India SCI FPO: Review Analysis & Details

Some basic details first about the Shipping Corporation of India SCI FPO, which are available as of now:

- The SCI or Shipping Corporation of India SCI is the largest shipping company of India
- The details about FPO price of Shipping Corporation of India SCI is not knows as of yet. However, if the FPO price is offered at a discount to the current price, it is worth subscribing to the FPO
- Being a Navratna company, it is recommended for both a medium term and long term hold

What is the issue size of the Shipping Corporation of India SCI IPO?
A total of 8,46,90,730 shares will be sold through the FPO.
What is the price band of Shipping Corporation of India SCI IPO?
No official confirmation as of yet.

How many shares will be sold in the Shipping Corporation of India SCI IPO?
The total no. of shares to be sold through this IPO is a total of 8,46,90,730 shares.

What is the trading symbol & exchange for the Shipping Corporation of India SCI IPO
No info about that

What are the IPO dates for Shipping Corporation of India SCI IPO
The Shipping Corporation of India SCI IPO FPO dates are expected to be November 30, 2010 to December 3, 2010.

Any ratings given to Shipping Corporation of India SCI IPO?
No information about that. However, being a Navratna company already listed in the stock markets, this is known to be having very good fundamentals

What are the analysts recommendations and business results for Shipping Corporation of India SCI IPO?
First the good news for retails investors - retail investors will get a 5% discount on this FPO since it is a government owned company. The same discount applies for Shipping Corporation of India SCI Employees as well. The employees will also get the 5% discount.
Another good news is that the retail investors can now bid with the 2 Lakh upper limit, as per the new SEBI norms. Hence, the more money you have, the more you can play around with. But please note that this is an FPO, not an IPO. So the prices will be dependent on the existing listed shares. Dont expect to double your money through this FPO.

Whether to invest in this company or not is the big question. Most of the market experts believe that the SCI or Shipping Corporation of India has very good fundamentals. The pricing of this SCI or Shipping Corporation of India FPO will be the most important criteria for this FPO subscription. See Shipping Corporation of India SCI FPO IPO: Market Experts Recommendations

Shipping Corporation of India SCI FPO IPO: Market Experts Recommendations

We continue further from our previous article Shipping Corporation of India SCI FPO IPO: Review Analysis & Details
The pricing of this FPO will be the most important criteria for this FPO subscription. In this article, we will cover details about

Market Experts Recommendations for Shipping Corporation of India SCI Limited FPO IPO

This is the largest shipping company of India and has a Liner services to all trading partners of India across the globe.
This has the capacity to carry anything and everything - dry, liquid, liquified gaseous forms of cargos and that's what gives this company a big headstart and advantage
It has 74 vessels to its fleet - offering a big variety of dry bulk carriers, passenger-cum-cargo vessels, container vessels, VLCC - very large crude carriers, crude oil tankers, product tankers, phosphoric acid and chemical carriers, ammonia& LPG carriers, and offshore supply vessels
It has also diversified into new areas of services
Both for the long term and short term holding, this stock is recommended by majority of the market experts.
Howeverm Investors should also leave some room for downside, in case the overall market collapses. The markets are going sea-saw recently. And the final price of the listing date of this FPO will be the most important. Hence, owing to various factors, the stock market may move either way and so can the price of this stock of Shipping Corporation of India SCI.
SBI Capital Markets Limited, ICICI Securities Limited and IDFC Capital are BRLM's to the FPO issue

Hindustan Copper FPO IPO: Review Analysis & Details of HCL Hindustan Copper FPO IPO

Many of you may have seen a new ad on the TV from Hindustan Copper Limited (HCL) with the title song "Copper ka Rang". Dont be surprised by such ad entry, because this ad is to promote the FPO or follow-on public offer of the another government owned healthy company called Hindustan Copper Limited. Investors who are interested in applying for this FPO or IPO should note that this is NOT an IPO, rather it is an FPO since the Hindustan Copper Shares are already listed on the stock exchanges. As reported earlier, the Coal India IPO was a huge success a few days back, and then we have a Power Grid FPO IPO: Review Analysis & Details and Manganese Ore IPO: Review Analysis & Details. All these were and are expected to be great success so the government has decided to come out with the follow-on public offer for Hindustan Copper.
In this article, we will look at the Review, Analysis and Details of the Hindustan Copper FPO and try to do the Review and analysis of Hindustan Copper FPO.

Hindustan Copper FPO: Review Analysis & Details

Some basic details first about the Hindustan Copper FPO, which are available as of now:

- The size of Hindustan Copper IPO is expected to be between around 4000 Crore Rupees
- Yesterday's closing price of existing Hindustan Copper shares on BSE was Rs. 407 down about 8%. This stock has been taking a big hit in recent times because of this FPO, as the FPO price is likely to be very less.
- The FPO price of Hindustan Copper is expected to be around 200 Rs. but no confirmation as of yet.
- What this means for the investors is that if instead of buying exisitng shares in open market, you can apply for this FPO and get the same shares at a much discounted price. However, whether an investor will be allocated shares in FPO is not certain, as it will depend upon the no. of bids & applications received.

What is the issue size of the Hindustan Copper IPO?
Around 4000 Crore Rupees is the size of the FPO.
What is the price band of Hindustan Copper IPO?
It is reported that the recommended price band for Hindustan Copper IPO might be around 200 Rs. per share. No official confirmation as of yet.

How many shares will be sold in the Hindustan Copper IPO?
The total no. of shares to be sold through this IPO is a total of 18.39 crore shares.

What is the trading symbol & exchange for the Hindustan Copper IPO
No info about that

What are the IPO dates for Hindustan Copper IPO
The Hindustan Copper IPO FPO dates are expected to be December 6, 2010.

Any ratings given to Hindustan Copper IPO?
No information about that.

What are the analysts recommendations and business results for Hindustan Copper IPO?
First the good news for retails investors - retail investors will get a 5% discount on this FPO since it is a government owned company. The same discount applies for Hindustan Copper Employees as well. The employees will also get the 5% discount.
Another good news is that the retail investors can now bid with the 2 Lakh upper limit. So wealthy rich guys can give a shot with more money

Whether to invest in this company or not is the big question. Most of the market experts believe that the company has very good fundamentals. It has the distinction of being the nation’s only vertically integrated copper producing company as it manufactures copper right from the stage of mining to beneficiation, smelting, refining and casting of refined copper metal into downstream saleable products.
The pricing of this FPO will be the most important criteria for this FPO subscription. See Hindustan Copper FPO IPO: Market Experts Recommendations

Hindustan Copper FPO IPO: Market Experts Recommendations

We continue further from our previous article Hindustan Copper FPO IPO: Review Analysis & Details
The pricing of this FPO will be the most important criteria for this FPO subscription. In this article, we will cover details about

Market Experts Recommendations for Hindustan Copper Limited FPO IPO

As we have already observed in the market that the current existing share are on a big downslide because of the FPO. The stock usually trades in the 400 Rs. range. It is expected that the FPO issue price will be around 200 Rs. which is like a 50% discount. Hence the market is adjusting the prices of exisitng shares in anticipation of the FPO price to be Rs. 200.
MoneyControl has provided a table showing how the stock prices have moved over last some time:

Hindustan Copper Share Price Changes
Period	Price	Latest Price	Gain/Loss (Rs.)	% Gain/Loss
3-Days	446.80	407.20	-39.60	-8.86
5-Days	440.70	407.20	-33.50	-7.60
7-Days	445.85	407.20	-38.65	-8.67
15-Days	441.00	407.20	-33.80	-7.66
1-Month	444.95	407.20	-37.75	-8.48
3-Month	447.25	407.20	-40.05	-8.95
6-Month	478.15	407.20	-70.95	-14.84
9-Month	578.75	407.20	-171.55	-29.64
1-Year	293.90	407.20	113.30	38.55

What the market experts say is that if the offer for FPO is made at around 200 Rs., the issue is definitely worth subscription. The current downslide in the market for Hindustan Copper Shares is because of the FPO price expectations, and should not be viewed as a problem. After the FPO, the prices of this stock will stabilise and investors can expect some good returns.
Both for the long term and short term holding, this stock is recommended by majority of the market experts.
Investors should also leave some room for downside, in case the overall market collapses. Remember the Reliance Power IPO? It was the biggest IPO in the India Stock Market at that time, but it failed miserably. Hence, owing to various factors, the stock market may move either way and so can the price of this stock of Hindustan Copper.
ICICI Securities, Enam Securities, Kotak Mahindra Capital, SBI Capital Markets and UBS Securities are BRLM's to the FPO issue

Power Grid FPO IPO: Review Analysis & Details of Power Grid FPO IPO

There is a follow on Public offer or FPO of another government owned healthy company called Power Grid India. As reported earlier, the Coal India IPO was a huge success, a few days back. And now this new FPO from Government of India has hit the markets today.
In this article, we will look at the Review, Analysis and Details of the Power Grid FPO and try to do the Review and analysis of Power Grid Shipping FPO.

Power Grid Shipping FPO: Review Analysis & Details

Some basic details first about the Power Grid FPO, which are available as of now:

- The size of Power Grid IPO is expected to be between around 8000 Crore Rupees
- Yesterday's closing price of existing Power Grid shares on BSE was Rs. 98, which was lower that the offered FPO price band. However, investors should note that the exisitng shares prices get affected by the FPO prices and that is the effect we are seeing currently.

What is the issue size of the Power Grid IPO?
Around 8000 Crore Rupees is the size of the FPO.
What is the price band of Power Grid IPO?
It is reported that the recommended price band for Power Grid IPO is Rs 85-90 per share. Final price to be decided through 100% book building process.

How many shares will be sold in the Power Grid IPO?
The total no. of shares to be sold through this IPO is a total of 84.2 crore shares. Of this, 50% will be freshly issued shares while rest 50% will be divested by the government. Hence, the government will get 50% of the total capital collected through this FPO.

What is the trading symbol & exchange for the Power Grid IPO
No info about that

What are the IPO dates for Power Grid IPO
The Power Grid FPO dates are from Nov 9, 2010 to Nov 12, 2010

Any ratings given to Power Grid IPO?
No information about that.

What are the analysts recommendations and business results for Power Grid IPO?
First the good news for retails investors - retail investors will get a 5% discount on this FPR since it is a government owned company. The same discount applies for Power Grid Employees as well.
However, the retail investors cannot bid with the 2 Lakh upper limit, it is still at 1 Lakh limit. Applications can be made in multiples of 65 shares.

The company has current capacity of 75,000 circuit kms and plans to add 8,000 circuit kms in FY11
How will the FPO money be used? There are 13 different transmission projects costing Rs 22,600 crore which is where this money from FPO will be used.
SBI Capital Markets Ltd, Goldman Sachs (India) Securities Pvt Ltd, ICICI Securities and JP Morgan India Pvt Ltd are the book running lead managers to this FPO issue

EIL Engineers India Limited FPO IPO: Analyst Recommendations

As described with detailes in the article EIL Engineers India Limited FPO IPO: Review Analysis & Details, the EIL FPO or Follow-on public offer is now open. However, what a common investor is wondering is whether this IPO or FPO from Engineers India Limited worth a shot or not.
In this article, we will provide the

Analyst Recommendations for EIL Engineers India Limited FPO IPO

Please note that these are consolidted recommendations based upon the various articles available in the print media and internet, and investors are cautioned that they should make thier own choice of investment, based upon their respective risk appetite.
Though Day 1 of the EIL Engineers India Limited FPO IPO did not see that enthusiastic response and the subscription for EIL Engineers India Limited FPO IPO was not that great in numbers to be called as "creating a buzz", but overall, the majority of the market analysts and experts are said to be in agreement that the EIL Engineers India Limited FPO IPO is a good option for a 1 to 2 year long horizon and investors can expect a good return.

The basic thought is that the company EIL is in the business of engineering, construction, etc. which are directly linked to the infrastructure sector. And the current government is very keen on the investment in Infrastructure sector. Being a state controlled and state run company, EIL is expected to benefit from these various factors which are said to be favourable to the business.

Analysts are setting various targets for EIL stock price in the short and long terms.
The EIL Engineers India Limited FPO IPO is being offered to Retail investors at 5% discount which is an additional benefit. The price band of 270 to 290 appears to be quiet fairly valued, as per majority of analysts.
The price target which is expected in the short term is around 310-320 and in the mid term it is expected to be in the range of 350 to 380 Rs. per share. Again, these are analysts expectations, investor should exercise caution and their individual needs should be kept in mind as nothing can be said about for sure in the stock markets game

EIL Engineers India Limited FPO IPO: Review Analysis & Details

Engineers India Limited is a state run government controlled company and it has now come out with the Follow On Public Offering or FPO something similar to an IPO is currently open.
In this article, we will look at the Review, Analysis and Details of the Engineers India Limited FPO and try to do the Review and analysis of Engineers India Limited FPO.

Engineers India Limited IPO: Review Analysis & Details

Some basic details first about the Engineers India Limited FPO, which are available as of now:

- The size of Engineers India Limited FPO is expected to be around 9,771,161,400.00 Rs.

What is the issue size of the Engineers India Limited IPO?
Around 9,771,161,400.00 Rs is the size of the IPO, calculated at the higher price band of the FPO.

How will the capital raised by Engineers India Limited IPO be used?
It is not known.

What is the price band of Engineers India Limited IPO?
The price band is at 270 to 290 Rs. per share - final price to be decided by a 100% book building process

How many shares will be sold in the Engineers India Limited IPO?
The total no. of shares to be sold through this IPO is around 33,693,660.00 shares. Of this, around 712,000 shares are reserved for the company employees.

What is the trading symbol & exchange for the Engineers India Limited IPO
No info about that

What are the IPO dates for Engineers India Limited IPO
The IPO for Engineers India Limited will open on dates 27 July to 30th July 2010

Any ratings given to Engineers India Limited IPO?
No information about that.

What are the analysts recommendations for Engineers India Limited IPO?
The face value of the EIL shares is Rs. 5 per share, as compared to the standard Rs. 10.


Read the Analyst & Market Experts Recommendations on EIL Engineers India Limited FPO IPO: EIL Engineers India Limited FPO IPO: Analyst Recommendations

Engineers India is an engineering consultancy company providing design, engineering, procurement, construction and integrated project management services, principally focused on the oil and gas and petrochemicals industries in India and internationally.

ICICI Securities, HSBC, IDFC Cap and SBI Cap are the Book running lead managers for this IPO. Link INTIME is the registrar to the Engineers India Limited IPO

What are the business results for Engineers India Limited?
No info about that