Wonderla's Rs 180-crore ( Rs 1.80 billion) offering had seen demand to the tune of Rs 6,000 crore ( Rs 60 billion).
Wonderla is promoted by Kochouseph Chittilappilly, promoter of V-Guard Industries.
Notwithstanding the risk involved, analysts are upbeat on micro-cap investing as India remains in a firm bull market. Moreover, these stocks are available at relatively cheaper valuations compared to large, mid and small caps, assuring alpha returns. With a market-capitalisation (market-cap) of up to Rs 10,000 crore, micro-cap stocks are outside the purview of Nifty 500 stocks, and are ranked from 501 to 750 in the market-cap ladder.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra answers reader queries on the stock market.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Reserve requirements, mandatory investment in G-secs under Companies Act may slow lending for HNI investment in IPOs.
Uniparts India and PNC Infratech are the latest companies to file initial public offer papers.
Markets extended gains for the fourth consecutive day tracking gains in banks, capital goods and oil and gas majors.
Sebi's suggestions are good but investors should not become overconfident.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Jaipuria has not specified the amount he is looking to raise, but says this is the right time to tap the capital markets.
Given the current global cues, if the next six months do not turn out to be the way we would want it to, we are definitely looking at a very gloomy start to 2016.
Pipeline leanest since 2004; bankers said to be cautious due to fear of rejection by Sebi.
Better stick to equity diversified funds, says Larisssa Fernand