{"id":145,"date":"2010-05-03T18:01:59","date_gmt":"2010-05-03T12:31:59","guid":{"rendered":"http:\/\/greenworldinvestor.com\/?p=145"},"modified":"2010-05-03T18:01:59","modified_gmt":"2010-05-03T12:31:59","slug":"one-decent-offering-sjvn-gets-subscribed-6-5-times-while-low-quality-ipos-continue-to-flood-the-indian-market","status":"publish","type":"post","link":"https:\/\/iiec-india.org\/greenworld\/2010\/05\/03\/one-decent-offering-sjvn-gets-subscribed-6-5-times-while-low-quality-ipos-continue-to-flood-the-indian-market\/","title":{"rendered":"SJVN gets subscribed 6.5 times while  Low Quality IPOs continue to flood  the Indian market"},"content":{"rendered":"<p>SJVN was a single decent offering amongst the the junk IPOs that have been flooding the Indian IPO market . Read my earlier analysis of the Junk IPOs in these posts<\/p>\n<h3><a href=\"http:\/\/greenworldinvestor.com\/2010\/05\/01\/indias-junk-ipo-market-update-tara-health-foods-fails-to-get-subscribed\/\">India\u2019s Junk IPO Market Update \u2013 Tara Health Foods Fails to Get Subscribed<\/a><\/h3>\n<h3><a href=\"http:\/\/greenworldinvestor.com\/2010\/04\/28\/sjvn-will-leave-something-on-the-table-for-indian-equity-investors\/\">SJVN will leave something on the table for Indian equity investors<\/a><\/h3>\n<h3><a href=\"..\/2010\/04\/23\/low-quality-ipos-sign-of-a-market-top\/\">Low Quality IPO\u2019s \u2013 Sign of a Market Top?<\/a><\/h3>\n<p>It shows that people can still discern between junk and decent offerings. Most of this junk got subscribed 1-2 time or not at all in the case of Tara Health Foods. SJVN is a government company in the hydro sector with stellar margins even if it is not growing in the next couple of years. But with a decent low double digit multiple and good dividend yield it makes sense for retail investors who get a 5% discount to subscribe to it. It certainly makes 10 times more sense than subscribing to the absolute junk that is being offering in the primary market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SJVN was a single decent offering amongst the the junk IPOs that have been flooding the Indian IPO market . Read my earlier analysis of the<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","content-type":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-145","post","type-post","status-publish","format-standard","hentry","category-indian-capital-markets"],"_links":{"self":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/comments?post=145"}],"version-history":[{"count":0,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/145\/revisions"}],"wp:attachment":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/media?parent=145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/categories?post=145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/tags?post=145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}