Initial Public Offerings in 2010 is going to reach almost $300 billion globally which is a record exceeding the last biggest IPO Funding Year in 2007.The drivers of the huge growth in IPOs in 2010 are a combination of factors which have come together.Going into 2011,the picture may not be as good as interest rates increase in Europe and other emerging markets.The main drivers of Capital Raising for IPOs has been<\/p>\n
1) Near Zero Interest Rates in Developed Countries of USA,Europe and Japan<\/p>\n
2) Emerging Market Growth where demand of capital is quite large due to investments in\u00a0 infrastructure<\/p>\n
3) Growing Investment Power of Asian Financial Instituions which emerged relatively unscathed from the Lehman Crisis.<\/p>\n
The amount raised globally from initial public offerings (IPOs) in 2010 is on track to beat any other year on record, according to Ernst & Young , despite waves of market volatility, which disrupted many planned listings. Fuelled by a booming Asian market – which has accounted for 64% of total IPO values – listings raised $255.3 billion in the first 11 months of 2010, and by year-end are expected to top the 2007 peak of $295 billion, it said.<\/p><\/blockquote>\n
Here are some of the IPO Analysis and Reviews covered in this Blog in 2010.<\/p>\n
Green IPOs<\/h3>\n
Will Datang and Huaneng Renewable Energy IPOs Fail like other Green Utilities in 2010<\/a><\/p>\n
Enel Green Power (EGP) Biggest European Renewable Energy IPO struggles despite strong markets<\/a><\/p>\n
First Wind Holdings Review and Analysis \u2013 Pure Play USA Green Utility IPO looks a risky leveraged bet<\/a><\/p>\n
Chinese Renewable Energy Company Ming Yang Wind Power to IPO in US \u2013 Should you Buy it<\/a><\/p>\n
Trony Solar plans an IPO listing in HongKong after getting rebuffed in New York<\/a><\/p>\n
Rare Earth Mineral IPO looks risky \u2013 Molycorp seeks to raise upto $478 million to build Mojave Desert mine<\/a><\/p>\n
Green IPO Jinko Solar Analysis \u2013 Extremely Low Quality Offering Seems to be Done in Desperation<\/a> (one of my major failures)<\/p>\n
Pseudo Green company Codexis Manages to Close up 8% from IPO price<\/a><\/p>\n
Indian Market IPOs<\/h3>\n
Good IPO<\/h4>\n
Punjab & Sind Bank IPO \u2013 Very Attractive Valuation makes it a Buy<\/a><\/p>\n
Manganese Ore India Review,Valuation and Analysis \u2013 Government Owned High Quality Mining Stock a Must Buy IPO<\/a><\/p>\n
Coal India IPO \u2013 Comprehensive News,Facts,Overview,Opinions,Price,Size and Analysis<\/a><\/p>\n
TecPro Systems IPO Analysis \u2013 Construction Play on India\u2019s Power Sector Growth at Reasonable Price<\/a><\/p>\n
VA Tech Wabag IPO Analysis \u2013 Quality Global Water Management Company with Good Management,Technology and Strong Order Book<\/a><\/p>\n
Eros International Media (EIML) IPO Review and Analysis \u2013 Good Media Content Play available at a moderately cheap valuation<\/a><\/p>\n
Engineers India FPO Review \u2013 Analysis shows it to be a good safe play leveraging India\u2019s infrastructure growth<\/a><\/p>\n
Indian IPO Market \u2013 Fatpipe Networks Review and Analysis reveals it to be a decent buy<\/a><\/p>\n
SJVN will leave something on the table for Indian equity investors<\/a><\/p>\n
Neutal IPO<\/h4>\n
Claris LifeSciences Stock IPO Review \u2013 Good Growth,Sector and Valuation against Low Quality Management<\/a><\/p>\n
A2Z Maintenance and Engineering Services IPO Review \u2013 Good Quality EPC,Facilities,Waste Management Company entering Biomass Energy Fairly Valued<\/a><\/p>\n
Oberoi Realty IPO Analysis and Review- Indian Real Estate Stock not really compelling without being bad<\/a><\/p>\n
Ashoka Buildcon IPO Review \u2013 Fast Growth Leveraged to Indian Infrastructure Story but Management and Valuation Questionable<\/a><\/p>\n
Electrosteel Integrated IPO \u2013 Investing in the Parent ECL might be safer way to play<\/a><\/p>\n
\u201cOrient Green Power\u201d IPO Analysis- Focused Renewable Energy Utility with Fast Growth Plans however Execution is the Question<\/a><\/p>\n
Gujarat Pipavav IPO Analysis \u2013 Good Asset but Lack of Current Earnings Power makes it Avoidable<\/a><\/p>\n
Bajaj Corp (BCCL) IPO review reveals it to be a one trick pony trying to diversify;would give it a miss<\/a><\/p>\n
Standard Chartered IDR In Depth Review reveals Retail Investor Disadvantages<\/a><\/p>\n
Junk IPO<\/h4>\n
Ravi Kumar Distilleries (RKDL) IPO Review- Small Liquor,Low Margin,Low Growth, Low Quality Company Avoidable<\/a><\/p>\n
RPP Infra Projects Review and Analysis \u2013 Expensively Priced,Small Construction Junk IPO<\/a><\/p>\n
India remains an IPO Pump and Dump Heaven for Fly by Night Operators<\/a><\/p>\n
Prestige Estates IPO Review and Analysis \u2013 Valuation Too High for a Bad Company (Low Margins,High Debt,Stagnant Sales) in a Bad Sector (Real Estate)<\/a><\/p>\n
Gyscoal Alloys IPO \u2013 More Crap taking advantage of Bernanke Fueled Emerging Markets Bull Run<\/a><\/p>\n
Commercial Engineers & Body Builders IPO Analysis and Review \u2013 Bad Management,Negative Cash Flows and Super Expensive Valuation<\/a><\/p>\n
Sea TV Network IPO Review and Analysis \u2013 Crap trying to Smell like Flowers in Indian Bull Market<\/a><\/p>\n
Cantabil Retail IPO Analysis \u2013 Average Company in a Bad Sector makes it Avoidable<\/a><\/p>\n
Career Point (CPIL) IPO \u2013 Shady Management,Falling Margins,Regulatory Risk and Expensive Valuation<\/a><\/p>\n
Tirupati Inks Analysis \u2013 More Junk trying to raise money from the Primary Markets<\/a><\/p>\n
Prakash Steelage IPO \u2013 Indian IPO market in sorry state as Management convicted for tax evasion files for offering<\/a><\/p>\n
Midfield Industries IPO Review \u2013 Another overpriced small cap Indian Initial Public Offering<\/a><\/p>\n
Indian IPO \u2013 Review and Analysis of Aster Silicates reveals it to be another High-Priced Junk Offering<\/a><\/p>\n
India Junk IPO Market : Texmo Pipes seems a classic case of \u201cPump and Dump\u201d<\/a><\/p>\n