LST 2006 - A Huge Success!!!

S. P. Jain Institute of Management & Research (SPJIMR) recognizes the pivotal role of entrepreneurship as a driver of growth in an open market economy. On January 4th, 2007, SPJIMR and NEN conducted LOCK, STOCK & TRADE (LST), a unique, day-long entrepreneurship event, at The Leela, with an only-one-of-its-kind stock investing game played by around 500 "investor" participants competing for building the most valuable business portfolio.

At LST, the audience learns about diverse business opportunities; hears from leading entrepreneurs and financiers on how to start and grow companies in a simulated stock trading game.

At LST, 18 businesses from the Family Managed Business course of SPJIMR presented their businesses whose value proposition is then judged by the mock investors. The day also saw a lively panel discussion on 'Idea to IPO' by the following eminent panelists:

• Mr. Mahesh Murthy (Founder - Pinstorm and Passion Fund)
• Mr. Ed Rubesch (Visiting Faculty, Thammasat Business School, Thailand)
• Mr. A Hattangdi (Senior VP, Silicon Valley Bank)
• Mr. Sriram (Founder - Crossword and Next Practice Retail)
  

Mr. Ashish Bhinde (VP IT Practice, Avendus) was an effective moderator for the panel.

This year the winning company was Atlanta Ltd, the upcoming infrastructure firm. The 1st runners up were Anmol jwellers Ltd and Eco Rent a Car Ltd. These companies were trusted as the best investments by the budding investors and had the largest market capitalization.

The numerous participants, delegates and corporates present appreciated the concept and implementation of the event.

As Ms.Radha Iyer, Professor, Somaiya Institute of Management and Research said, "LST's USP has been the unique concept of bringing together actual businesses from the FMB program and analysts from the MBA program. It provides a great platform for participants to evaluate companies and bid for them in the simulated IPO game".