Comments?
Open and Forthcoming Issues :
Company NameIssue Dates
Bartronics India Ltd.20/12/2005 to 24/12/2005Ginni Filaments Ltd.19/12/2005 to 23/12/2005Educomp Solutions Ltd.19/12/2005 to 22/12/2005Celebrity Fashions Ltd.19/12/2005 to 22/12/2005
Comments?
Open and Forthcoming Issues :
Company NameIssue Dates
hey guys,
do not go for Ginni Filaments as it is its FPO and its prices in the stock market has started to fall and coming very very close to its issuing price.
Happy investing
Tulip IT- Has it already been allotted??
Thanks guys, I got my refund for ABG!!
Three IPO's with same rating on moneycontrol:-
Educomp: IIM-A grad Mr. Prakash has failed to deliver consistent performance so far. Also, I fail to convince myself that media-savvy learning methods are the future of education... i mean... not so soon.
Celebrity Fashions: Good if they take over Ambattur successfully by April 2006!! Otherwise, everybody is saying that this is aggressively priced. Here only 45% of the reserved quota (for Retail investors) has been subscribed yet. So, if you apply, you will definitely get it... as per my brief understanding.
Ginni Filaments: Haven't shown consistent performance. Experts (as per moneycontrol) have mixed opinion. Only good thing about it is that it is priced at 19-22. so, even a 2/- listing gain will give me 10% return within 10 (may be 20) days.
Thanks guys, I got my refund for ABG!!
Three IPO's with same rating on moneycontrol:-
Educomp: IIM-A grad Mr. Prakash has failed to deliver consistent performance so far. Also, I fail to convince myself that media-savvy learning methods are the future of education... i mean... not so soon.
Celebrity Fashions: Good if they take over Ambattur successfully by April 2006!! Otherwise, everybody is saying that this is aggressively priced. Here only 45% of the reserved quota (for Retail investors) has been subscribed yet. So, if you apply, you will definitely get it... as per my brief understanding.
Ginni Filaments: Haven't shown consistent performance. Experts (as per moneycontrol) have mixed opinion. Only good thing about it is that it is priced at 19-22. so, even a 2/- listing gain will give me 10% return within 10 (may be 20) days.
Hi guys,
P/E ratio is one of the parameter to evaluate the performance of share in the future. But, what about those companies which are involved in sectors where input capital to start a business or setup a new unit requires huge amount, like automobiles, cement sectors etc.. Here one can't analyse the value of share in future through P/E ratio. So, it is better to use P/(Cash Flow) or P/B ratio.
Prem Kumar,
DOMS, NIT- Trichy
http://nitt.edu/departments/mba/
I am amazed to see the Enthu for Educomp. It got oversubscribed by 35 times. Well I was tracking this one. Till last day, only a fraction of subscription had happened.
Suddenly, on the very last day, it rose up to 35 times. 
I got my lesson... Till last day, you won't know peoples' view on an IPO!!
Anyway, Bartronics seems a good bet... And this is not yet last day for it and it has already got oversubsribed some 5-6 times. Can someone throw some light on allotment process.
For e.g I can apply only upto 50000/- as a retail investor. I put in my bid for minimum number of shares (in this case 90). What are the chances of my getting an allotment. I made similar investment in Triveni IPO and got the allotment. But that wasn't oversubscribed so many times ... I am thoroughly confused here!! 
I am amazed to see the Enthu for Educomp. It got oversubscribed by 35 times. Well I was tracking this one. Till last day, only a fraction of subscription had happened.
Suddenly, on the very last day, it rose up to 35 times.
I got my lesson... Till last day, you won't know peoples' view on an IPO!!
Anyway, Bartronics seems a good bet... And this is not yet last day for it and it has already got oversubsribed some 5-6 times. Can someone throw some light on allotment process.
For e.g I can apply only upto 50000/- as a retail investor. I put in my bid for minimum number of shares (in this case 90). What are the chances of my getting an allotment. I made similar investment in Triveni IPO and got the allotment. But that wasn't oversubscribed so many times ... I am thoroughly confused here!!
Hey dood ...just relax ..
If u have been a regular investor in IPOs u wud have noticed that the retail category gets oversubscribed the most on the last day of the issue ...This is due to the fact that many people rely on FIIs subscription figures to know the demand for the share and that retail investors have to pay the complete sum on application for shares ...so obviously one wud not like to invest at the start of the issue ....But this is not the case with FIIs and other institutional investors ...They have to pay only 10% margin money and that to due to recent changes brought by SEBI
Well , 1stly in most issues u can invest upto Rs1,00,000 and not 50ks ....in the retail category ....and the Basis of allotment is sumthing like this ....
Supposing Educomp is oversubscribed 20 times in retail category ...and u had applied for 15times the minimum lot , then u wud stand 75% chances of getting an allotment ..say that out of 200 applications received for 15times the bid lot ...150 applications will get allotment ..and if u are the lucky one then u wud have got allotment ....
Other case ...if the retail category is oversubscribed by say more than 20 times ..as in the maximum bid lot of shares ..(In practicality for educomp it turns out to be ...50shares*16times*Rs125=Rs1,00,000) ..that is if oversubscription is more than 16 times ...everybody will be alloted shares by lottery ...But as logic goes...applicants for 50 shares have less chances of getting allotment(1/21...bid lot/level of oversubscription) than those for say 350 shares ...(7/21)...
I hope that the above little problem wud have helped solved ur query ...
Well , as always the appetite for these IPOs is growing in the market and even the retail investors are cumin out to the maximum extent to gain from the bull run ...
and in most cases every IPO is bound to be oversubscribed ....
Anyways ...u have to be lucky as well as have huge funds to cash in on the opportunity ..
Happy Investing and Merry X-mas to all ...
Hey I got my refund for the ICICI IPO!!!!
Damn wasnt it undersubscribed... atleast the retail portion...
Could it be due to some errors in filling the form...
I gave them the minimum amount only for the shares...
Anything still possible!! Damn that was a good share:sad:
K
dude, i think you have the wrong facts. even the retail portion
was oversubscribed atleast 6 times. you have mistaken "thanda response" for undersubscrition!!!
ICICI is currently trading at 580 and my bet is that it will
still test the sub-500 levels when you can pick it off
the secondary market! so no need to worry! 😉
Hey I got my refund for the ICICI IPO!!!!
Damn wasnt it undersubscribed... atleast the retail portion...
Could it be due to some errors in filling the form...
I gave them the minimum amount only for the shares...
Anything still possible!! Damn that was a good share:sad:
K
Arre! I thought I saw something like 0.8x for the retail portion...
Anyways since I got my money obviously ur right...
Nah It aint coming down below 500 again... Unless there is that big crash:wink:
during the expansion phase, icici wont be that profitable and hence the major investors would park their cash elsewhere where good returns are provided. hence the dip in stock prize. coz return on capital employed is a risk and only when the vital signs are out will the stock start booming again!
ofcouse all standard disclaimers apply! 😃
Arre! I thought I saw something like 0.8x for the retail portion...
Anyways since I got my money obviously ur right...
Nah It aint coming down below 500 again... Unless there is that big crash:wink:
Arre! I thought I saw something like 0.8x for the retail portion...
Anyways since I got my money obviously ur right...
Nah It aint coming down below 500 again... Unless there is that big crash:wink:
I think you are taking about the PVR cinemas IPO 😃
Ah ... that was enlightening Gaurav bhai!! Thanks!!
The bear hug that markets have got now... would 😞 affect the IPO listing gains...
Can someone suggest me a strategy to get listing gains in such a scenario??
Hi,
The markets of today have the following pluses-
1. Every transaction is computerized. Means tight control from the Stock Exchange, Lesser chance manipulation, and great MIS. For instance, circuit breakers ensure that if there is excessive activity, there is a break in that share.
2. The economy is doing well. So, the rise in Sensex is logical and sustainable.
3. Suppose the results in third and fourth quarter are bad the fall can be a maximum of 10 to 20% and not more than that.
4. Some segments of the economy are doing really well. Sugar for instance.
5. Investors are more widespread and the sensex is not dependent on only one segment.
My reccomendation: 8500 to 9500 is the base. Markets will not fall below the range.
Observe a set of shares daily and buy on the downswings sell on upswings even if the profits are small.
Didn't get TULIP... Booohooohooo... 😞 Got the refund today!!
saala apun kabhi lucky nahin hoyenga kya??
😞
Hey dood
I have the same woes as u ...dint got alloted any shares even after applying for the maximum amount in the retail category ..I guess this stock wud give u excellent returns in the near future ..so mite as well purchase it from the secondary market ....
Didn't get TULIP... Booohooohooo... 😞 Got the refund today!!
saala apun kabhi lucky nahin hoyenga kya??
Hey dood
I have the same woes as u ...dint got alloted any shares even after applying for the maximum amount in the retail category ..I guess this stock wud give u excellent returns in the near future ..so mite as well purchase it from the secondary market ....
What are your speculations for 2006? My dad is bullish on Pharma sector. Any takers on Sun pharma??
Someone talked about simulators available on net to get the feel of the market. Tried on sharekhan.com and icicidirect.com, but cudnt find one.. Any insights in this regard??
my opinion would be not to get worried by looking at what the media says.
Consider this:
When the Sensex comes down by say 50 points ( which is 0.5% btw...0.5% is a small number..anywhere..unless you are talking about a aerospace project!) all the pretty young things on CNBC and Profit start jumping saying "ooh the market has "crashed" today morning. 50 points is nothing. You only need to start worrying when this downturn is repeated every morning.
Again..so next time you see rediff with the headling---markets crash by 86 points..ignore it!!!
I remember waking up one morning and heard the PYT ( Abha, I think) on NDTV Profit saying the markets have come down and were looking very dangerous.
This was accompanied by a graph which had a single line (sloping downwards!) and she was saying "As you can see from the graph"
Got worried and all effects of sleep were gone. Then I noticed the SCALE of the graph! It was ****ing 5 points!
the markets had come down by 20 points.
SHEESH! Just had to get that off my chest
bullish on Sugars, infrastructure and retail! Like everybody else 😛
@Goldberg: Spot on! Another thing is that one should totally avoid what the technical analysts have to say.The fools just don't know the fundamental value of a scrip and just keep on blabbering anything for example, XYZ scrip will touch Rs.1000 after crossing 920 and once it crosses 1000,it will cross 1100...when would it happen and whether the valuations support the earnings growth and other factors are not even discussed by the technical analysts of late,they have had to eat their words time and time again!
Nothing short of a comedy!
By the way,any takers for the top two in the steel industry viz. TISCO and SAIL? TISCO is having an amazing EPS of around 60 odd and it gives a good dividend yield.Similar is the case with SAIL which is quoting at a P/E ratio of around 3 odd which is very low since it is almost debt free and gave a dividend of 33%.What say?
Cheers!