Avoid this issue, very overpriced. Adlabs is consistently losing money, and the pricing is very high. On Jan 30th, 2015, they issued to India Advantage Fund at Rs.138. They also issued to Jacobs at 187 at the same time. Even for those who think that Adlabs has long term potential, please wait and buy from the secondary market post listing. It will be available much cheaper than issue price.
Shetty and lead managers all are hand in gloves to loot public. Wondrella was good and reasonably price. Keeping wonderela record these are trying to confpublic. Price too high to even get some listing gain. Let us all keep away.
This is like buying a company at Rs400 when it has an asof only Rs100 and at the end of the year you very well know your book value would be less than 100 as it is suffering from losses.
Lets not buy something which is asking 4X the book value when it is bleeding with losses.
Lets not buy something which is asking 4X the book value when it is bleeding with losses.
This is like buying a company at Rs 400 when it has an asof only Rs 100 and at the end of the year your book value would be less than 100 as it is suffering from losses.
ADLABS is not an Anil Dhirubhai Ambani Gorup Company. ADLANS Entertainment Ltd own by Manmohan Shetty eho earlier own by ADLABS Films Ltd. Anil Dhirubhai Ambani has purchase stack and now his company''s name changed to Reliance Entertainment Ltd,Reliance Broadcast Ltd,Reliance Mediworks Ltd.
Lets wait and watch. from tomorrow i think grey market prem is started for adlabs. what other brokrage hosaid lets see..!! Rpower is loot retail investor so we need to think twise in Anil AMBANI company now..
MANMOHAN SHETTY IS SMART OFFENDER AND HAS SEEN THE STAIRS OF eNFORCEMENT DIRECTORATE, SEBI WHILE IN RELIANCE MEDIA WORKS.HIS LAND OF 170 ACRE IS ALSO IN DISPUTE WITH LOCAL RESIDENTS OF THE VILLAGE.IN Short he is big gambaler and want to sell his story to Retailers and then act as R Power
The issue constitutes 25.44 percent of the post-issue paid-up equity share capital of the company. At least 75 percent of the issue will be allotted on a proportionate basis to qualified institutional buyers while 10 percent will be available to retail individual bidders at a discount of Rs 12 to the issue price.