ARSS Infrastructure Projects Ltd IPO Message Board (Page 21)

Total Issue Size 2512195
Total Bids Received 19533810
Total Bids Received at Cut-off Price 1581975
No. of times issue is subscribed 7.78

ARRS PREMIUM ?

Why is everybody going overboard.

Management doesn't seem to be very professional.

Defaulted in so many ordinary payments like electricity bill, loan installment etc.

Also rating is only 2/5. Below Average fundamentals

Be cautious in applying.

Don't be guided by GMP which is nothing concrete to go by

GMP Rs.125/-
Issue price Rs.450/-

March 2010 diluted EPS will be Rs.65+
considering a PE multiple of 10
listing price of Rs.650/- is justified.

we should see a decent listing for this share.
It is not good business streams and further it has been growing at an annual rate of 100% each year.

Listing of ARSS would be after the rail budget.So apply in full swing for listing gains.I had said earlier also in my message that listing would be around 510-540 levels.
Also it is being offered at P/E of 10 which is cheap and provides enough scope for listing gains.

Hi All,
I have a Demat account with Indiabulls.
Is there a way by which I can apply visa ASBA on Ipo's?
Also, can you tell me of any demat account provider which is providing ASBA facility for Online IPO, other than ICICI Direct?
Thanks,
arjun

gem ipo finder is correct ,maximum 10 to 15 share will allot on 1lac Rs. gmp 130\= 15*130=1950 maximun earning everybody is short in grey market so gmp will touch Rs180to200.if you think listing will above 600\= then apply

Current GMP 100/-
Happy investing

ARSS INFRA IPO - APPLY 1 LAC RS AND ALLOTED SHARE 20 , LIST RS- 60 GAIN , PROFIT RS- 1200, SO I SUGGEST NOT APPLY

hallo jodhpur your intrudction plz.. i am also from jodhpur...... which broking company u have your accounts.. and tell me gmp of arss

5 P.M 4.21 TIMES RATIL 1.45 TIME TOMMROW ME BE RATIL OVER
11 TIME GMP 42-49

ARSS MEANS ?????

ARSS = 1/2 ( IRB INFRA + KALINDI RAIL NIRMAN)
PE OF IRB = 30
PE OF KALINDI = 70
UNDERSTAND ????
since business of ARSS consist of 40% RAIL & 40% ROADS
it is strictly comparable with IRB & KALINDI.
at a ipo PE of less tahn 10 its a BLASTER day one, considering a modest PE of 13-15 times its 700+++ guys & that is not a wild expectation.only a negative point i can see that it lists after Budget, if before rail budget then anything would have been possible. allotment will be around 15 shares for 1 Lac applcn.. expected a oversupscrpn of 12-16 times in retail

hi to all arss infra is oversubscribe in retail above 1.40 and over all 4.21 very good response apply full application

Smc global is eighter mad or very clever .

ARSS INFRA IPO- DO NOT APPLY

Issue already subscribed overall by 4 times (10/2/10 at 4.00pm) Very good response.

for March 2010 diluted EPS will be Rs.65+
considering a PE multiple of 10
the price of Rs.650/- is justified.

Issue price Rs.450/-
GMP Rs.100/-

can anybody tell this is true or not

Current order book of around Rs 28.8 billion does lend visibility to future revenue streams. However, ARSSIPL’s own orders account for approximately only Rs 6 billion of this order, the balance to be contributed by its various joint ventures. It is also worthy of mention that around 54% of its order book is attributable to projects located in Orissa. Also that steel projects proposed to be set up by POSCO and Arcelor-Mittal in Orissa have been stalled for some reasons. Therefore in our view, over-dependence on a single state is a concern,"

I think Railway Budget will effected for listing of ARR
but not need to worry in long time it will give good return