IPO - 'I' 'P'rior to 'O'thers !!!

During my childhood days there was this game which I played called Hungry Hippos where my objective was to gobble as much of balls in the Hippos large mouth as possible. Well in the current scenario 'Company' has replaced me and 'Hippo' by IPO.

An IPO (Initial Public Offering for all) has become an instrument of gluttony. Gluttony of funds from the public.

My love story with IPOs started when as part of a subject we as a group were studying the ins & outs or rather the sins & touts of the IPO !! Now every brown paper I see, I look for the IPO related news.

In the past few days, there is a plethora of happenings in the world of IPOs.

Our very own Mahesh uncle came with one. Mahesh uncle who is the proprietor of Mahesh Tutorials aka MT Educare has the offering of shares going on with the purpose being expansion of branches. But who thought that a guy running couple of batches in Sion (atleast I know about just this) will come up with a listed empire of his own.

But the last year has not been very kind to the IPOs with almost half of the 30 odd ones which have featured have fallen by 50%. L&T Finance could not cash in on its promoter's name while Taksheel as the name sounds became a site of battle ruins. Indo-Thai got one between the thighs but some like One Life Capital thanked their stars. And finally there was MCX which showed the way with a whopping 54 times over subscription. But even with this Goliaths among Davids still the Merchant Bankers are getting a beating as to why they did not offer a higher price band. As they sacrificed on price band now their life becomes a elastic rubber band .. Boinngg !!!

So with the markets a bit favourable and every Alter-Cheney-Baweja coming out with an IPO of their own, I have decided to get one of my own too. Ta Daa !!!

Since the disclosures are way too many, I wont bore you with all the facts and frankly blogger wont allow me too.

So here is a 'Time period of Trivedi after Budget' sneak peek of what my IPO will offer:

Revenue generated through the offer will directly go to my account and the utilization of those funds are upto my discretion. The utilization though will be done in a variety of social ways possible  like helping poor by using their products thereby uplifting them out of their debts. Mr. Mallya hope you are listening.

I have 'Dad' bank as my Merchant bankers who are over the years kind enough to sort out my financial difficulties. Underwriters are 'College Peers co. Ltd' who are brilliant when it comes to writing under pressure.

Well I dont believe that sharing is caring, as a result I am the only Top Shareholder in disclosure.

Finally, any IPO will not be complete without this ... Investing in my IPO is subject to market (read every) risk, please read (Its ok if you procrastinate) the offer document carefully before (OMG you are *faints*) investing !!!