29 April 2008

Lock Stock & Trade'08 (Jan 19th 2008)

Pretty late Commentary but neverthless... LST has been a special event for me as the chief co-ordinator and with the legendary Capt. Gopinath as it's key note Speaker


"It was international currys with India flavor at SPJIMR's Lock Stock & Trade'08; the biggest mock IPO event this side of Dalal Street. With teams from across the globe from Thailand to Dubai competiting with teams across India, showcasing real-live business ventures ranging across Bikaji bhujias, Siyaram Silk Mills Ltd, Maharaja Appliances Ltd and Aeropharma Group along with their respective industry representatives to raise the maximum IPO bids.

The event kick-started with a key note speech from the legendary Capt. Gopinath who took the entire audience on a spell-binding ride across his entire entrepreneurial ventures from childhood to the latest Air-Deccan boom; later on as he graciously answered questions the stage was being set for a much bigger battle.

On this one day event the SPJIMR student teams representing the entrepreneur and investment banker present selected real life entrepreneurial businesses to the audience. These businesses are open for evaluation and trading by the audience who acting as investors mock 'invest' in shares of their choice. The stocks are allotted through bidding and the ultimate stock prices are determined by the market forces. At the end of the day the winning 'investors' are those with highest value portfolios and the winning 'company' is that which has the highest market capitalization. The game provides opportunity for many a player to bid, trade and build their portfolio, and experience…the Dalal Street excitement.

Later on to quench our thirsts we had an intellectual panel discussion on the topic, "From Idea to IPO" peppered by eminent set of V.Cs, Entrepreneurs & corporates such as Mr.Devand Neralla(MCX), Mr.Jinesh Shah(Nexus India), Mr.Ajay Kapur(SIDBI ventures), Mahesh Choudahry(Microqual) and Mr.Namit Malhotra(Prime Focus) and moderated by Ms.Priya Srinivasan. The event winners were the joint team of SPJIMR & Hindustan Tin Works Ltd; while the team from Thammarsat BSchool, Thailand won the jury's special award."

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