Skip to main content

Globus Spirits Ipo Review

Globus Spirits is coming out with a public issue of 75 lakh equity shares of Rs. 10 each in the price band of Rs. 90 to Rs. 100 per share. The company has come out with this issue to modernize and expand its production facilities. The Company has its own brand presence in country liquor and is a well known liquor player having two distilleries in Haryana and Rajasthan.

The company's results for FY09 has been quite good with sales of Rs. 281 crores and PAT of Rs. 12.93 crores, resulting in an EPS of Rs.10. Even the current quarter of FY10 has also been good with an EPS of Rs. 5.5, which implies an EPS of Rs. 20 plus for FY10, on pre-IPO equity. Another comforting factor is that post-IPO the promoters stake in the company would be around 60%.

Details of the issue:
Issue Size: 75,00,000 Equity Shares of Rs. 10.
Issue Price: Rs. 90 to Rs. 100.
Minimum shares : 70.
Issue opens from August 31, 2009 to September 02, 2009.

Though there are more established players in this segment, this stock is worth looking at and investors can apply for this IPO.


  1. One can apply for listing gains too.

  2. Listing could be minimum 120-130 on the bourses. When McDowell-N why cannot Globus? Good article.

  3. Yes VK Sir, listing could be above 110, worth looking at.


Post a Comment

Popular Posts

Your Bill Amounts Are Going To Increase From June 1, 2016

Service tax is a tax levied by the government on service providers on certain service transactions, but is actually borne by the customers. It is categorized under Indirect Tax and came into existence under the Finance Act, 1994. Union Finance Minister, Arun Jaitley, in his budget announcements proposed to impose a cess, called the Krishi Kalyan Cess, @ 0.5% on all taxable services. The present rate of service tax will be hiked to 15 per cent from June 1, 2016, from 14.5 per cent. Take a look at what gets expensive:

Phone Bills: Your phone bills are going to go up. So, pay a good 15 per cent now on service tax on phone bills.

Restaurant Bills :If you are dining in a restaurant that already has service tax applicable, you are going to pay more on your eating out. Though 0.5 per cent on a single bill may not mean much, frequent diners may end-up paying a lot during the year.

Travelling: You will have to pay more for air travel, as there is a service tax on tour operators and travel agents.

NSE Level 3 Data

Before we get into details of NSE Level 3 Data, it is important to first understand the basic operations of the stock market.  All publicly traded equities have a bid price and an ask price when they are bought and sold. The bid is the highest price a trader( or an investor) is willing to purchase a stock. The ask is the lowest price in which he is willing to sell a stock.

Depth of the Market(DOM):Looking at a Level 1, Level 2 or Level 3 quotes can give a trader, a basic idea of how a stock is performing at any given time.

Level 1 Market Data provides the basic market data which includes Bid price, Bid size, Ask price and Ask size.

Level 2 Market Data provides more information than Level I data. Mainly, it doesn't just show the highest bid and offer, but also shows bids and offers at other prices. Now level 2 provides market depth data upto 5 best bid and ask prices.

Level 3 Market Data provides market depth data upto 20 best bid and ask prices .  This primarily used by brokers and ma…

Moneycontrol Terminal - Streaming Live Quotes

Moneycontrol has introduced a new feature Moneycontrol Terminal - an enhanced version of real time price updates. Though there were live quotes provided by the website previously, the present form  gives a better update of live quotes of indices and stocks.

This terminal provides live streaming quotes for both NSE and BSE free. It also provides quotes for most of the indices and also the constituents/stocks of the indices in BSE and NSE.  The terminal also provides live news and other market news, which might be useful for traders. The hardware recommended is minimum of 1 GB RAM.

It would be better if stock of any choice could be added ( market watch of a set of stocks ), which would be easier to track one's trading positions. Anyway, this is a better alternative for people who don't have access to any trading software, to view live action of the markets.

You could just try the same here at Moneycontrol Terminal