Random Thoughts..

Dtd 08-5-2017 at 1:00 PM GMP of S Chand - Rs. 31 - Rs. 36 i.e. 22*31 - 22*36 on listing day itself. Kostak: Rs. 450 Gr8 fall in GMP;  go for it if extra money ... Check for more details: https://www.quora.com/How-worth-are-the-IPOs-of-S-Chand-and-Company GMP of HUDCO - Rs. 28.25 - Rs. 29.75 i.e. 250*28.25 - 250*29.75 on listing day itself. Kostak: Rs. 900-950

Dtd 20-4-2017 at 7:00 PM GMP of S Chand - Rs. 175 - Rs. 180 i.e. 22*175 - 22*180 on listing day itself. Kostak: Rs. 495 Note: IPO is riding on positive sentiments wave. GMP of HUDCO GMP trades halted. All previous nullified. Will be updated soon.

Dtd 20-4-2017 at 7:00 PM GMP of S Chand - Rs. 172 - Rs. 176 i.e. 22*172 - 22*176 on listing day itself. Kostak: Rs. 475- Rs. 525 Note: IPO is riding on positive sentiments wave. GMP of HUDCO - Rs. 26- Rs. 26.5   i.e 300*26 - 300*26.5 on listing day itself Kostak: Rs. 900 - Rs. 950

Dtd 2-4-2017 at 1:00 PM GMP of Shankara Buildcon - Rs. 145 - Rs. 147 i.e. 32*145 - 32*147 on listing day itself. GMP of HUDCO - Rs. 27- Rs. 29.5 with Kostak of 1350 (this will increase overtime) i.e 300*27 - 300*29.5 on listing day itself

Should I buy Hudco’s IPO? Yes, you should definately buy IPO of Hudco (Housing & Urban Development Corporation). Market participants are mistaking HUDCO as a housing finance company and comparing it with the likes of PNB Housing Finance etc. The fact is totally opposite as 89.88% of the loan book of HUDCO is to State governments and its agencies and 10.17% to private sector. HUDCO’s total loan portfolio is 31.28% (30.34% to state govt for social housing loans, 0.40% to individuals and 0.57% to private sector companies) and 68.72% of the total loan portfolio is advanced for Urban Infrastructure like water supply projects, Roads and Transport, Power, Sewage and Drainage etc. If we calculate PE of HUDCO- after IPO (on basis of Dmart/Shankara & Music Broadcast & its safest GMP of 27) then it will be trailing at PE of 12, which is quite cheap. I would say go for the IPO of Hudco -> apply minimum lot of 300 at upper price of Rs. 50 (there may be retail discount to)