Thursday, January 17, 2008

Mera Mann

Jindagi ruk si gayi hai, shaam jhuk si gayi hai,

Masuam badal sa gaya hai, raat chup si gayi hai,

Chand khoo sa gaya hai, sitare roo say gaye hai,

abhi tak aap joo chup hai, hum ruuk say gaye hai..


eak tharaav aaya hai kuch badalney kay liye,

eak jhukaav aaya hai kuch samajhnay kay liye,

eak ahsaas aaya hai kuch karney kay liye,

dil par chayaya hai armaan kuch banney kay liye..


yeah jo chup tha, who mera maan tha,

yeah jo ruka tha, who bhi mera maan tha,

mere mann mein hai mere khwaab aur mere sitare mujhe pukare,

shayad kabhi ambar key paar ya shayad kabhi dariya kinare..

Tuesday, January 15, 2008

Reliance Power IPO Realty Check: Is this really a BIG deal?

Reliance Power IPO Realty Check: Is this really a BIG deal?

For company making its big projections through this IPO in area of power, it makes us to think is it really a BIG deal? Or it’s the matter of marketing and advertisement and the big name of Reliance promoted by none other than ADA that has generated such huge interest among the masses. Before we think lets see the aspects of journey so far being created.

The teams working over advertising this IPO left no space, the marketing advertisements were made “Power On…” in every newspaper, and every TV channel, FM radio and even six sigma’s Mumbai Dabawallas were not left to promote the Reliance Power IPO providing forms from home to home. Well this make us to think that Market yourself till you capture the market in a ballistic way and reflects that ADA dreams are getting bigger to dream and achieve; only time will contain the key as how far the achievements would be made.

The first day of IPO made lot of heats and created history in terms of getting oversubscribed in spans of seconds, but do you think the story will continue till the date of getting listed, grey market which is giving price of 800-900 Rupees per share right at the moment would hold?

In this greedy run for making money all sections of societies are making moves to apply for retail quota specific for this IPO. The huge numbers of applications are in pipeline at each brokerage firm’s shows that even “Aam Admi” too wants to participate in this Reliance IPO rally.

As with time market and economy have moved over last couple of years and with huge FII’s and FDI’s, it looks that everyone wants to make 100 out of 1 as quickly as possible leaving far behind the fundamentals and valuations.

Has anyone imagined what could happen on listing date? It looks that that too can create history in other ways. It might be that on first day the number of sellers may be so huge and only few buyers as most of the people are applying for this IPO just to make short money. The message is clear that specific from this IPO all wants to make just short money and this may even turn negative that IPO may be downgraded to listing price of 300-350 Rupees much lesser than its Cutoff price.

Also if one see the technical and fundamental of Reliance IPO everyone knows lies much ahead in future and P/E is too larger than its peers even if you see TATA Power or NTPC as of now. But one other difference that this group being lead by none other than part of Reliance Group, the brand which have never failed in history delivering outputs much greater than market projections. The answer lies is time beyond 2010 when the project will start raising income.