Ashoka Buildcon Ltd IPO Message Board (Page 18)

As on 28-Sep-2010 18:00:00 IST

Total Issue Size      6218940
Total Bids Received      98910819
Total Bids Received at Cut-off Price      6368334
No. of times issue is subscribed      15.90

Retail about 4 times!!!

CORRECTION

" ASHOKA MAY NOT GIVE MORE THAN 6-8% LISTING GAIN"

THOSE WHO HAVE APPLIED IN ASHOKA, I REQUEST THEM TO WAIT FOR ATLEAST ONE MONTH POST LISTING AS THIS CO MAY NOT GIVE 6-8% LISTING GAIN IF U CAN WAIT U MAY GET 370+, IT WILL PERFORM SIMILAR TO ITNL WHICH TOUCHED IT ALL TIME HIGH 2 MONTH AFTER ITS LISTING.

ASHOKA WILL SURELY GIVE BETTER RETURN THAN TECHPRO ONLY ON LISTING ON ONE LAC APPLCN BASIS.

Today GMP OF ashoka came down to 20 rs n that of tecpro to 42 in delhi n cantabil to 5-7 rs.

not much juice left in IPOs these days.

Self appln for recent IPOs

Career - 1+ 0.1 L
Eros - 2.0 L
microsec - 0.18+0.18
electro -0.6
Vatech -1.0+0.1 L
Cantabil -0.35
Techpro -2.0 L
Ashoka -0.35 L

NOT EXPECTING ANY ALOTTMENT IN CAREEER + MICROSEC.

skipped others

EXPECTED alottment worth (8-10 times retail alottment) = 70000

PROFIT ASSUMING 15-20 % LISTING GAIN IN THESE IPOs = min- 10,500 max - 14000

Probably this game was not much worth playing?

THERE WAS HYPE IN TECPRO,BUT FOR GREY MKT ASHOKA WILL GIVE GOOD GAIN BECAUSE OF HUGE ALLOTMENT FOR RETAIL INVESTOR

Dear Boarders

This is just an information update from me for people who invested in Gujarat Pipavav Port IPO.

It was up 10% today

And closed above Rs. 60 today hence giving 30% gains to investors who had invested in IPO.


SKS Micro made high of 1470+

Today its June Quarter results came out

Revenues grew 100% from last quarter in June

Net profits grew 200% Plus

Return on Assets increased from 4% to 6%

Margins also increased 30%

Financnce Minister's Comments yesterday which was on front page of ET today said that MFIs will be encouraged to apply for banking liscense from RBI.

He is going to ammend Banking norms for MFIS to remove certain restrictions. This will reduce cost of funds of MFIs from 15% currently to 7-8% as they can get access to public deposits now

MFIs will be benificiary of banking liscence as government will bring them under financial incluion perview and the rural clientele will easily come o them then for bank accounts and other financial products like micro housing loans micro insuarance and mutual funds


Regards and Congratulations to shareholders of GPPL and SKS Microfinance. I hope you will hold these two for long term.

Regards


DISCLAIMER: Plz bear in mind again that this an udpate only. It is not to be taken as an information used by me to show off or influence boarders to buy these shares. Hence i should not be abused or blamed if someone new buys these shares based on this information update.

One of the better issues, QIB subscribed 25.5 times. Low HNI and retail due to closing of QIB on same day, unlike VA Tech and Tecpro, where QIB closed a day early. Great road BOT opportunity...GMP to jump to 50 again.

so whats going to be the allotment date and how many shares we expect for one full application?

is there a chance for issue price to be lower than the highest? since total subscription at cut-off is lower than the total number of shares to be issued.

NO PAIN NO GAIN ,W/O RISK VERY DIFFICULT TO EARN,NOW A DAY IN IPO

BSE + NSE @ 5PM
Total: 15.75
QIB: 25.5196
HNI: 13.9074
RII: 2.6251
Employee: 1.3886

ASHOKA BUILDCON LIMITED - NSE Bid Details                        
Updated as on 28 September 2010 at 1700 hrs                        
Sr.No.      Category      No.of shares offered/reserved      No. of shares bid for      No. of times of total meant for the category
1      Qualified Institutional Buyers (QIBs)       3165909      57319920      18.11
1(a)      Foreign Institutional Investors (FIIs)            31571442      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            13879887      
1(c)      Mutual Funds            11866449      
1(d)      Others            2142      
2      Non Institutional Investors      753788      3937353      5.22
2(a)      Corporates            2978451      
2(b)      Individuals (Other than RIIs)            958902      
2(c)      Others            0      
3      Retail Individual Investors (RIIs)      2261364      3848355      1.70
3(a)      Cut Off            2792034      
3(b)      Price Bids             1056321      
4      Employees (EMP)      37879      2898      0.08
(a)      Cut Off            1911      
4(b)      Price Bids             987      

BSE + NSE @ 4PM
Total: 15.53
QIB: 25.5196
HNI: 13.9074
RII: 2.3371
Employee:1.2086

some old guys of this site making fool by giving wrong direction of investment, very soon i will remove the curtains from there faces, these are two guys watch there predctions in sks and other ISSUES,

ROSE

ashoka GMP is only 20 rs today while tech pro is 60 rs .

u can very well guuess which is the betetr IPO based on GMP itself

QIB = 25.52
NONINST= 13.91
RETAIL = 2.34
EMP = 1.21


AJEET

Sorry, I ma agree with 244 (typographical mistake

I am agree with 224

Total 18 times & in retail 3 times suscribed Ashoka IPO