Adani Power Limited IPO Message Board (Page 68)

hey guys!
i have heard frm reliable sources frm gujrat that adani power may list around 115-120, then rocket to 150 on the same.
dare traders could go and buy the futures and made great money

This is the reasone for not subscribing the employee quota.

The stock market regulator, the Securities Exchange Board of India has barred promoters from subscribing to shares under the employee quota in a public issue. CNBC-TRV18’s Vivek Law reports that the Sebi has approved the move and these norms will be part of Sebi’s new regulations that would be notified soon. The current rules say that 5% can be reserved for employees and it also allowed whole time directors who were promoters to subscribe.

Here is a verbatim transcript of his comments on CNBC-TV18. Also watch the accompanying video.


There is a 5% quota in IPO’s for employees and there are no restrictions as to which any employee can apply, something the regulator is separately looking at. However, two very crucial changes that the regulator is about to bring in is that if a promoter of the company who can by definition come under the category of employee is a whole time director of the company and subscribe to these shares through the quota will be barred from applying to any shares through the employee quota.

Another significant development is that no employee of a subsidiary or a holding company of the issuing company will be eligible. So you will have to be an employee or a whole time director provided you are not the promoter or any other director of the issuing company to be eligible. If your subsidiary company or if any holding companies making the public issue you will not be eligible as an employee to take part in this.

The Sebi board has given its stamp of approval, the regulator is likely to issue a notification on this as a part of the change in the overall regulations as far as corporate disclosures and issue of capital is concerned

i have applied 260 share at the price of Rs:96. will i get allocation.
i was not knowing about the cut off price offer for retail investor. this is my first IPo

Congratulations to all retail investor who applied for adani thewill get sure 1/3 share aplied.Dont insist on any rumer (Crash GMP) Listing on 20 th at premiuum of atleast 22-25% its my assumption.Happy earning....

how much allotement in 3 lot

Hi All,
It is the time to celebrate.
Just look at the QIB and non institutional subscription!!
QIBs are a phenomenal 39 times and non institutional 8.6 times.

Who is going to drive the demand are the QIBs and institutions on listing.Their quota is oversubscribed a whopping 39 times.They will surely want more of it on listing.Power is a long term play and they are in it for the long haul unlike us who are happy with a Rs 10 listing gain.

Just relax and encash the gains.Will give at least Rs 15 to listing gain.
Who have applied for 15 lots keep the profits and go for NHPC.

All the best.IPO season is back with a bang.

adani will list atleast at Rs.120/ on the opening day.

The only worrying factor is the surprisingly low subscription of the employees portion. It is only 0.1114 times. Why is that so?

Why the Employee Reservation quota is only 11% subscribed (0.1114 times)? Do not they have confidence on their own company? This raises doubt about the fundamentals of the issue.

what is refund procedure. ihave applied 975 shares through icici dmat online.

Friend,As per sources,Adani Power Will List on 20th August 2009.
And being fairly priced issue,it will surely list on premium.
Happy investing.
Forget Adani and get ready for NHPC now.
Good Bye!!!!

on M&M holiday many expert on business were bullish but by price wise they were telling its expensive but u know whats the price of M&M holiday is right now but here on Adani i heard many expert are also bullish by price wise as well as on business also so i will just say be Positive we will get good return.

Hi All

Adani & NHPC IPOs
Grey markets premium prices Crashed

Adani Power Premium :- Rs. 8

i have applied for 2 lot, what chances for allotment

Adani's share list on 20th August at least 112/- (100 + 12)

350 Vivek

It will be a lot with the probability of 0.67.

i have applied for 130 shares....will i get anything or not??

Those who applied 975 shares will get minimum 325 shares. Though grey market premium is Rs.15 to 20 today, the market is gaining strength. There is a bright possibility that the premium will hit Rs.30. There is a gain or Rs.10000 for an investment of Rs.97500, which is around 10% in a month and 120% in a year. Good going guys. Go for NHPC also.

Reply for 347, You will surely be alloted 65 shares, and may be depending on the cut off price you may get 10-15 shares extra as well.