Allotment in Power Grid Corporation

I have been allotted 286 shares in the Power Grid Corporation issue. Surprisingly, despite this being a good issue, the retail subscrition was less than 7 times. FIRM allotment was offered in most categories (multiples).

With this my IPO hit-rate stands at 52.63% (10 out of 19).

Issue	Allotment
Power Grid Corporation	Rs. 14872
Take Solutions	Rs. 6570
Everonn Systems	REJECT
ICICI Bank FPO	Rs 16020
Vishal Retail	REJECT
Nitin Fire Protection	Rs 6650
MIC Electronics	Rs. 6750
Mindtree Consulting	REJECT
Indian Bank	Rs. 24115
Power Finance Corporation	Rs. 6800
Firstsource Solutions	Rs. 8704
Redington India	REJECT
Global Broadcast News	Rs. 6250
Autoline Industries	REJECT
Pyramid Saimira	REJECT
Tanla Solutions	REJECT
Sobha Developers	REJECT
Parsvnath Developers	Rs. 6000
Info Edge India	REJECT

PS: I have applied for the Dhanus Technologies issue, but looking at all the mess it has got into, I think I will pull out my application.

Portfolio - As on 28th Sep 2007

Symbol	CMP	Wk. Chg	Wtg	Paid	Net Gain
^BSESN	17291.10	+4.39%	-	-	-
^NSEI	5021.35	+3.80%	-	-	-
GAMMONIND.NS	462.10	+11.11%	2.17	436.85	+5.78%
ICICIBANK.NS	1062.40	+9.97%	5.99	890	+19.37%
INDHOTEL.NS	137.90	+5.31%	2.59	131.27	+5.05%
INDIANB.NS	159.90	+0.69%	7.51	91	+75.71%
INFOSYSTC.NS	1892.75	+3.66%	8.89	1553.40	+21.85%
INFOTECEN.NS	267.45	-5.81%	1.67	354.40	-24.53%
ITC.NS	189.80	-0.58%	3.56	165.84	+14.45%
IVRCLINFR.NS	423.65	+1.94%	3.31	290.87	+45.65%
LT.NS	2807.95	+0.77%	8.79	1328	+111.44%
MIC.NS	535.10	-3.04%	4.19	150	+256.73%
NITINFIRE.NS	413.60	-4.40%	1.94	190	+117.68%
PFC.NS	201.85	-2.25%	2.53	85	+137.47%
RELIANCE.NS	2298.05	+0.77%	17.26	1117.61	+105.62%
RPL.NS	153.40	-1.03%	14.40	90.76	+69.02%
TAKE.NS	1027.05	+2.20%	2.89	730	+40.69%
TCS.NS	1060.15	+4.16%	6.64	1034.90	+2.44%
VISHALRET.NS	699.10	-2.72%	4.38	708.32	-1.30%
ZYLOG.NS	414.80	-5.63%	1.30	440.65	-5.87%
18 scrips Net Chg: +1.00%				Gain:	+48.69%

The markets continued its upward trend. The Sensex was up by 4.39 % and the Nifty was up by 3.80%. My portfolio saw very limited action and phenomenally underperformed the indices. It was up by a marginal 1%.

Highlights of the week:

• Gammon India (11.11% up) and ICICI Bank (9.97% up) had a very good run up.
  
• I reduced my stake in Infy from 30 shares to 15. They were sold at 1804.38 (inclusive of brokerage).
• Zylog, Infotech Enterprises, Nitin Fire were some of the spoilsports.
• I have been allotted 286 shares of Power Grid Corp.

The Doors - People are Strange

Portfolio - As on 21st Sep 2007

Symbol	CMP	Wk. Chg	Wtg	Paid	Net Gain
^BSESN	16564.23	+6.16%	-	-	-
^NSEI	4837.55	+7.07%	-	-	-
GAMMONIND.NS	415.90	-2.05%	1.82	436.85	-4.80%
ICICIBANK.NS	966.05	+6.59%	5.06	890	+8.54%
INDHOTEL.NS	130.95	+1.91%	2.29	131.27	-0.24%
INDIANB.NS	158.80	+4.44%	6.94	91	+74.51%
INFOSYSTC.NS	1825.90	-0.61%	15.95	1553.40	+17.54%
INFOTECEN.NS	283.95	+3.03%	1.65	354.40	-19.88%
ITC.NS	190.90	+5.50%	3.34	165.84	+15.11%
IVRCLINFR.NS	415.60	+11.51%	3.03	290.87	+42.88%
LT.NS	2786.45	+7.53%	8.11	1328	+109.82%
MIC.NS	551.85	+0.66%	4.02	150	+267.90%
NITINFIRE.NS	432.65	-1.86%	1.89	190	+127.71%
PFC.NS	206.50	+6.20%	2.41	85	+142.94%
RELIANCE.NS	2280.45	+12.08%	15.94	1117.61	+104.05%
RPL.NS	155	+18.55%	13.54	90.76	+70.78%
TAKE.NS	1004.95	-2.99%	2.63	730	+37.66%
TCS.NS	1017.80	-0.45%	5.93	1034.90	-1.65%
VISHALRET.NS	718.65	+3.84%	4.19	708.32	+1.46%
ZYLOG.NS	439.55	-2.41%	1.28	440.65	-0.25%
18 scrips Net Chg: +5.93%				Gain:	+44.18%

The markets surged this week and posted some phenomenon gains. The Sensex was up by 6.16 % and the Nifty was up by 7.07%. My portfolio couldn't quite match the feat and was up by a respectable 5.93%.

Highlights of the week:

• RPL (18.55% up) and Reliance (12.08% up), along with IVRCL (11.51% up) had a blast.
  
• Quite a few scrips posted ~5% gains.

Portfolio - As on 14th Sep 2007

Symbol	CMP	Wk. Chg	Wtg	Paid	Net Gain
^BSESN	15603.80	+0.09%	-	-	-
^NSEI	4518	+0.19%	-	-	-
GAMMONIND.NS	424.60	-7.91%	1.45	448.30	-5.29%
ICICIBANK.NS	906.30	-1.49%	5.20	890	+1.83%
INDHOTEL.NS	128.50	-0.23%	2.43	131.27	-2.11%
INDIANB.NS	152.05	-0.69%	7.21	91	+67.09%
INFOSYSTC.NS	1837.10	-3.74%	17.97	1553.40	+18.26%
INFOTECEN.NS	275.56	-10.26%	1.93	354.40	-22.23%
ITC.NS	180.95	+1.77%	3.35	165.84	+9.11%
IVRCLINFR.NS	372.70	-5.50%	3.09	290.87	+28.13%
LT.NS	2591.25	+0.02%	8.13	1328	+95.12%
MIC.NS	548.25	+24.55%	3.45	150	+265.50%
NITINFIRE.NS	440.85	+6.38%	1.95	190	+132.03%
PFC.NS	194.45	+0.46%	2.43	85	+128.76%
RELIANCE.NS	2034.75	+3.66%	14.79	1117.61	+82.06%
RPL.NS	130.75	+6.47%	11.56	75.45	+44.06%
TAKE.NS	1035.90	+4.47%	2.80	730	+41.90%
TCS.NS	1022.45	-5.00%	6.76	994	-1.20%
VISHALRET.NS	692.05	+5.59%	4.11	781.80	-2.30%
ZYLOG.NS	450.40	+1.41%	1.39	440.65	+2.21%
18 scrips Net Chg: +1.08%				Gain:	+36.40%

The Sensex remained flat (0.09 % up) and the Nifty was marginally up by 0.19%. My portfolio performed much better than the indices, moving up by 1.08%.

Highlights of the week:

• MIC (24.55% up) had a blast.
  
• Infotech Enterprises (10.26% down) and other IT stocks tumbled.
• Gammon (7.91% down) crashed after the Hyderabad Flyover collapse.
• RPL and Reliance had a crucial role to play in this week's gains.

I hereby renounce my hair ......

Hehe...almost, not quite.

I visited Dr. Health, Indiranagar yesterday for my hair-loss blues. I've been losing those thinning strands on the scalp for the last several years. But somehow it has begun to seem that the silent-culprits who were playing test matches on my head till now, have started playing 20-20! What an acceleration ? !! They are falling like the free-all we witness every year in Cubbon Park during autumn.

The first step in the therapy read "Shave your head!". Thankfully, it didn't stop there, it said "If not comfortable, go for a machine cut and ensure the strands are as small as possible.". I didn't quite have the guts to go for the former (what if they didn't grow back ? :P ), hence went for the latter.

Presenting to you, my latest avatar :))

Nostalgia

My darling aniyathi (sister) made me look up something online yesterday. Something that left me really excited, the nostalgic feeling was hard to get out of :). She asked me to look up the old theme of the Doordarshan, yes the song that used to be played (is it still played ? no clue whatsoever!) every morning when DD would start its transmission. Yes, the orange moon and the sound of a screeching record, you guessed it right !!!

Never found it online, but found several others. For your pleasure:

Humara Bajaj:



Jungle Book (Mowgli) Theme:



Bharat Ek Khoj - Title track:



Ek Chidiya:

Decibel's Naagin

I happened to listen to a track called 'Naagin' from an Indian band Decibel, which they played @ Channel V Launch Pad. Boy! I must admit, these guys rock. Here is a studio version of the same:



You can download the song from here:
http://www.mosh.in/decibel

Portfolio - As on 7th Sep 2007

Symbol	CMP	Wk. Chg	Wtg	Paid	Net Gain
^BSESN	15590.42	+1.77%	-	-	-
^NSEI	4509.5	+1.02%	-	-	-
GAMMONIND.NS	461.05	-0.51%	1.45	448.30	+2.84%
ICICIBANK.NS	920.05	+3.56%	5.20	890	+3.38%
INDHOTEL.NS	128.80	+1.50%	2.43	131.27	-1.88%
INDIANB.NS	153.10	+6.99%	7.21	91	+68.24%
INFOSYSTC.NS	1908.50	+2.91%	17.97	1553.40	+22.86%
INFOTECEN.NS	307.10	+11.65%	1.93	354.40	-13.35%
ITC.NS	177.80	+4.10%	3.35	165.84	+7.21%
IVRCLINFR.NS	394.40	+4.30%	3.09	290.87	+35.59%
LT.NS	2590.85	+0.31%	8.13	1328	+95.09%
MIC.NS	440.20	+0.34%	3.45	150	+193.47%
NITINFIRE.NS	414.40	+1.07%	1.95	190	+118.11%
PFC.NS	193.55	+9.88%	2.43	85	+127.71%
RELIANCE.NS	1962.90	+0.10%	14.79	1117.61	+75.63%
RPL.NS	122.80	+6.14%	11.56	75.45	+35.30%
TAKE.NS	991.55	+10.45%	2.80	730	+35.83%
TCS.NS	1076.25	+1.12%	6.76	994	+4.00%
VISHALRET.NS	655.40	+9.24%	4.11	781.80	-7.47%
ZYLOG.NS	444.15	+3.72%	1.39	440.65	+0.79%
18 scrips Net Chg: +3.09%				Gain:	+34.94%

The Sensex moved up 1.77% and the Nifty was up by 1.02%. My portfolio performed much better thaqn the indices, moving up by 3.09%.

Highlights of the week:

• Except for a minor dip in Gammon (0.51% down), every scrip has advanced.
  
• Infotech Enterprises (11.65% up), Take Solutions (10.45% up) and Vishal Retail (9.24% up) were the best performers.
• I added 10 more of TCS, 10 more of Vishal Retail and 100 more of RPL.
  

Labourers sweat it out.

Our apartment is surrounded by construction sites. Here is a glimpse of the labourers sweating it out, some flirting with danger at crazy altitudes.

From D80 Experiments

From D80 Experiments