Stock Market Investment Strategies - 3.9 billion for Perot Systems

Dell has struck a deal with Perot system by agreeing to buy Perot at 3.9 billion. This price is at a 67.5% premium to the existing share value. i.e. Dell would be paying $30 per share. With this deal Dell is expecting to compete with the other two service majors Hewlett Packard and IBM. Dell and Perot systems combine would be 8 billion dollar service company.

Dell has made this acquisition with the intention of entering into the healthcare and government services. Perot has a strong focus in this arena. Dell is far behind in terms of services in comparison to HP and IBM. While both these companies went on the buying spree Dell had remaining quite all this while. Now having made its intentions clear, many analysts feel that the price that Dell is paying is too high.

Stock Market Investment Strategies - Oil India IPO priced at 1050

The Oil India IPO issue price is fixed at Rs 1050 per share. The IPO has raised a total of 4982 crores for the state run Oil India company Limited.

The IPO will make its debut in the stock markets on September 30th. The bid for the IPO which closed on 10th sept was oversubscribed 31 times. The company issued a statment saying over 99% of the bids were at the higher band of 1050.

This is the third oil company in the last couple of months to issue an IPO after Adani power and NHPC which received an overwhelming response.

Related Posts:

NHPC IPO

Adani power IPO

Initial public offering

All about stocks

Stock Market Investment Strategies - Oil India IPO Status

In the IPO front the Oil companies seems to be getting tremendous response. Intially Adani Power, NHPC debuted in the stock exchange after this Oil India get a similar response for its IPO.

The QIB category saw a wonderful response with that category being oversubscribed by 50 times. The recession times has still put the retail subscribers away from the stock market with that category being oversubscribed only 1.7 times. When this category sees heavy oversubscribtion then you can really say that the downtime for the stock market is over.

-30.82 times on the final day

- 4.02 times until third day

- 1.44 times till second day

- 1.28 times on first day

Bidding status Details:

Retail: 1.76 times

QIB: 53.83 times

Non-Institutional Investors: 10.48 times

Employees: 0.27 times

Total: 30.82 times

Related Posts:

NHPC IPO

Adani power IPO

Initial public offering

All about stocks

----