ARSS Infrastructure Projects Ltd IPO Message Board (Page 20)

Hi SRK, Amir, Sallu

How do you get to the break up bewteen various categories (hni/retai etc) from the NSE Website?

Answer much appreciated.

regards

Beware

1.One of the Promoters involved in criminal proceeding
A charge sheet has been filed on January 11, 2006 by CBI wherein Mr. Subash
Agarwal, Promoter and Director of the company has been accused in the murder case.
Imprisonment of the promoter could have a serious impact on company's reputation &
thereby affecting its financials.
2.Defaulted on payment of interest and repayment of loan
ARSS has defaulted in making payment of interest & repayment of loans in the past.
However, the company has cleared all its dues before filing the prospects .In case the
company defaults in making payment in the future it could pose a serious setback to
company's financial position.
3. Power supply at one of the units has been disconnected
Due to default in payment of electricity bills by the company to Central Electricity
Supply Company of Orissa Limited (CESCO), power supply to its crusher unit at
Nityanandpur, Orissa plant has been disconnected. The power requirement at this
plant is presently being met by the D.G. Set owned by our Company.
4.Conflict of interest between group companies
Some of entities owned/promoted by the promoters are in the same line of business as
its company. This may result in conflict of interest between the promoters and the
business strategies of the Company.

Bas Karooooooo

Not more than 10 times in retail pleaseeeeeeeeeeeee

ARSS INFRASTRUCTURE PROJECT LTD.

Time : 2.00 pm

Category - Subscriptions ( No of Times )

HNI 22.28

QIB 25.25

RETAIL 6.70

Total 19.39

Eagle eye, please tell me the site where we can see the subscription details category wise.

Thanks for your help

IPO Subscription Figures of ARSS Infrastructure Projects Ltd @1PM on 11th February, 2010 (Including Applications as on 8th & 9th & 10th February, 2010)

Category - Subscriptions ( No of Times )

HNI 10.45

QIB 15.66

RETAIL 4.73

Total 11.86

No Applications – 23249

apply very good return

Hi at 13:30 pm
Overall 14.9 Times
at cut-off 4.95 Times

hey Eagleye from where did u get the Category Subscriptions can u plz share the site plz?

Retail Walooooon.... Please dont apply for this IPO any more, as it is not in my interest.

"Please dont apply for this IPO and get it hugely oversubscribed 15 to 20 times (as it is apparent now). Because I have applied in full and if the subscription is too much, I will not get a decent chunk in allotment".

This seems to be the intention of the boarder's today. Any way, happy posting.

There is so much misjudgements placed in the net, I guess in such volatile market and difference of opinions one sensible investor should stay away unless he is agreesive trader. ..Your prudence is applicable here. For the sake of getting say 100 Rs on listing for 15 shares in total 1500, is it worthwhile to invest your 1L for 15 days...? Just put up in any good scrip probably you would get it I presume.

Plz somebody post the latest subscription details....

IPO Subscription Figures of ARSS Infrastructure Projects Ltd @12AM on 11th February, 2010 (Including Applications as on 8th & 9th & 10th February, 2010)

Category Subscriptions ( No of Times )

HNI 7.97

QIB 14.96

RETAIL 3.48

Total 10.69

No Applications – 17381

DON'T SUBSCRIBE

Issue is getting crazy response from retail investors who want to make a quick buck.

At 12 noon issue is oversubscribed more than 3 times in retail/cut off category.
By end of day it may cross 20 times FOR RETAIL.
Which means even if you have put in Rs 94500 which is the max for retail, you will not be assured of allotment of even 15 shares.SO why are you blocking your money without even getting 15 shares.

OK.Assume you got 15 shares allotted.
Expect it to list at even Rs 100 premium
Your supposed gain is 15*100 = Rs 1500 only.THAT'S ALL

Except for hype and retail craze this is not an out of the world kind of issue.
Remember promoter's integrity is suspect.
No financial prudence.
Cheques are returned.
They default electricity bill payment.
They don't mind defaulting to banks/financial institutions.
But they want to buy BMW/Benz cars and go around in style.

Remember rating is only 2/5 which is below average.

Wait for better issues and apply where you get allotment and get listing gains too like in Jubilant,DB,Infinite,Cox.
Don't rush like fools and as if there is no tomorrow.

This ARSS looks like an ASS or ARSE issue

every oneis telling dont apply i requet to all those go and see at nse site fii pagal ke tarah apply kar raha hai it will another jubbilant food

retail me kitna subscrib hua aab tak ?

ARJUN
HDFC SECURITIES ALSO PROVIDE ASBA

I AM INTERESTED TO SELL APPLICATION ONLY IN 1200.ANY ONE INTERESTED.SHARE WILL BE LISTED AT DISCOUNT

the retail subscription will be more than 16 times, means only 15 shares will be alloted for full application, rs 1 lakh will be blocked for at least 15 days, and expected listing gain around 15*100= rs 1500, if the share lists at 550.
There is a lot of risk of loss in this IPO due to volatile market condition.
considering all these factors , it is not advisable to apply in this IPO for listing gains.

IT IS DEFULTED COMPANY .SO IT IS GINEN 2 OUT OF 5 BY RATING AGENCY.BE CAREFUL.DONT GO TO LOSE YOUR MONEY BE APPLY IN IT