Ammana Bio Pharma Limited IPO Message Board (Page 1)

write to registrar or SEBI if you have not recieved the refund.

hi can u please when will i get the money back??? its already bin more than 2 months..
please guide

Hi,

How to get my money back, as issue is cancelled.

Plese help.

As very much expected the same result, this IPO is cancelled.

Is IPO ki vaat lag gayee------------

Very good decision by retail investors.
we should give the same reply to greedy promoters who either price their issues at very high prices or are from fundamentally weak compnies.

aviod this ipo.buy Lawreshwar IPO which is currently avialable at 11.it definately touch 19+

Yes
Defintely listing gain will be there

What is the listing price

shall we apply

bet on it. this ipo will be cancelled.

attn:tanushre....what happen to you??why put buy call on this ipo

Do not put your money in this. Not much past history of the company, don't get lured by the chap price. No stock firm or daily has recommended it. In this market, better not to play risk, even if you think u can put 7,000 just to take chance, don't do that.
Rest as always upto any one view.

Ammana Bio Pharma Ltd. Valuation - Anand Rathi Research

Company is operating in a sector, which is likely to receive favorable business climate for many years to come. However, company needs to prove its project execution skills & establish farmer sourcing network. At the Price band of Rs 12-14, issue is priced at 57x-67x its expected FY07 earnings, which is far more than the prevailing companies of similar size. Also, the significant dilution in promoter holdings post-issue is a cause of concern. Keeping these execution risks & high price in mind, we recommend our investors to AVOID the issue.

avoid these Ipo,not reputed group,taking advantage of Bio pharma group is changed company name and company is nothing to do in future,just enjoying themselves with our money.in short keep your self 100 killometer far from these Ipo

i dont think this will run for long time

Apply for long term. Investment should fetch 100% returns over a years time. BEST OF LUCK.

Mr. PJ
It has been the practice to fix the minimum subscription amount between Rs.5000 and Rs,7000 and thats why minimum order quantity is 500.

Market Lot: 500 Shares
»» Minimum Order Quantity: 500 Shares .... Why this type of lot? What is hidden behind this calculation? Can anyone explain this statistics?

good ipo.available at cheap rate.my recommendation apply

Following are excerpts from RH Prospectous
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Current Book value(for face value Rs.10 share) is Rs.9.41.

Current Earnings per share is 0.122 (nearly 12 paise per Rs.10).

Commercial production started in March 2006.

Futuristic industry but with stiff competion.

Company has paid only 25% advance for purchase of machinery worth 2.50 crores. But not even placed orders for SweetSorghum project. This indicates that there may be delay in future projects and consequent delay in riping the benefits.

Skill manpower is not yet recruited. This will also delay the project.

The price of main raw material is suspectible to volatality. Any increase might decrease future profits and any decrease might increase the future profits.

The promoter company Ammana Equity Fund Private Limited did not have any operations for several years.

The company had negative cash flow till December 2006.

My Opinion
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Good for Long Term (3 to 5 years) and listing gains. The share, becasue it is offered at Rs.12 to Rs.14, depending upon the then market conditions, will get listed between Rs.18 and Rs.20. Then settle down around the issue price for quite some years and thereafter gradually increase based on the performance.

This got very good potential for growth.
Bio fuel is alreadt fully operational in some states of India. Givt is now promoting bio fuel based companies and get lot of benefits