Ashoka Buildcon Ltd IPO Message Board (Page 23)

DEAR IPOFINDER
WELL PUT ...AGREE WITH YOU TOTALLY...THIS ISSUE SOMEHOW REMINDS ME OF MANINFRA..WITH BETTER RATING

Ashoka though is a good company could not garner much interest from QIB.May be valuations are almost fully priced for them. Only retail subscription tomrorow can save stock,for me upside is limited to 400 since QIB did not participate.Let us how much subscription it gets.I expect around 5-8 times subscription for Ashoka from Retail

The employee knows the best abt the company

Employee Quota of tecpro:- 0.1 time
Employee Quota of Ashoka:- 0.9 time


Take a wise decision Tecpro is clearly avoid
Ashoka is a good IPO , will give u the best returns

169 KK

Dear KKji

Always apply in IPO based on a unique concept or good asset play and reasonably priced when judged on future growth paramaters. You are bound to get good listing gains.


You and I may not have the power of Shreedhar

But at least we can do basic homework

On that basis i would say avoid ashoka and apply techpro

Not bcoz techpro is subscribed more and ashoka is less

but ashoka is fullly priced

Techpro has left something on table and is set to be boosted by Power sector that is the next leader of future bull market as power ancilliary supplier

Rest is up to you. We can at least do basic homework of what we are buying into and at what price

Shreedhar's strategy can however fetch you more listin gains . Maybe allotment will be more. But thats not the criteria for good listing gain and outperformance from techpro

If you anticipate more subscription in something that is an excellent business which is bound to happen you can increase no of applications and avoid the rest to get equal allotment from lower times subscribed

I went for cantabill not coz retil is less or just 2 times but boz it is a ggod oppurtunity in discounted retail format.

Even if it had been 10 times subscribed i would have bid ten times more.

Obviously everyone does not have that facility but no of applications can be increased in companies with good business model and attractive valuations.

Regards

Dear Sreedhar & SJ,
Give me your call on Ashoka on the basis of this changed scenario in subscription. To apply or not to apply?

NII quota has reduced from 4.52 on day 1 to 2.89 on day 2. What is happening?

KARTHIKJI itna mat socho achasa dalal ke pas jao aur from bhardo

Hi All,

I am new to IPO and planning to subscribe for any upcoming ipo.What are the different stages available ,what are the things i need to check, what is the garuntee that i allotment of shares if i subcribe on day 1??
How to subscribe? i have demat account in icici direct. what are the brokerage charges applicable?

i would be delighted if you help in this. thanks

Qualified Institutional Buyers (QIBs) = 1.89
Non Institutional Investors = 2.98
Retail Individual Investors (RIIs) = 0.6
employee = 0.900

Ajeet

THE AMOUNT TO APPLY FOR RETAIL IS MAX 95256 IS THIS RIGHT & THE SHARES ARE 294

BSE + NSE @ 5 PM
Total: 1.5
QIB: 1.89
HNI: 2.89
RII: 0.51
Employee: 0.9
Employees are happy and applying means good company. I will also decide based on how QIB plays with this IPO.

HI,
ASHOK BUILDERS HAS NOT DONE WELL AS COMBARED TO TECPRO TODAY
1) QIB HAVE INVESTED IN TECPRO AS COMBAIRED TO ASHOKA SO MY ADVICE IS STILL TO SKIP ASHOKA ATLEAST FOR FULL LOT OF 1 LAKH YOU CAN APPLY FOR SMALL LOT AS PER THE ADVICE OF THE SO CALLED EXPERT OPERATORS WHICH NAMES YOU KNOW
THE CAMACHAS ALSO WILL ATTACK
THE ANONYMOS HAVE NO VOICE IN THIS FORM AS MOST OF THEM DONOT WANT TO SHOW THEIR IDENTITY
APPLY MAXIMUM AS PER YOU CAPACITY

DEAR all
IF YOU AVOID THE ISSUE, YOU WILL REGRET.S.P. tulsian 's analysis is based on his wrong understanding of the sector.Ashoka is focussed on BOT Roads while ITNL is Annuity focussed. In annuiity type of project, the returns are limited to recovering project cost. In toll based road projects, the upside through Traffic growth is encashed over a longer toll collection period , than annuity. SPTulsian has compared apples with banannas. So the decision is yours !

Dear All,
Ashoka Buildcon Ltd. is Good IPO With Financial Strong & Completed Project on Time So Subscribeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

grey market premium is around 60

tomo it will subscribe more than 30 times

tomo is going to be the day of Ashoka

Go for it.
Its one of the best among all recent IPOs.

As on 27-Sep-2010 16:00:00 IST

Total Issue Size      6218940
Total Bids Received      9235128
Total Bids Received at Cut-off Price      715491
No. of times issue is subscribed      1.49

Approx 0.46 times in Retail

Dear all, You must have all noticed that Ashoka Buildcon have'nt closed QIB one day prior to retial and HNI. WHY ? It seems that they were not confident that their issue will find favours with QIB so they have opted for same closing day. I think the pricing of Ashoka is on higher side and since QIB bidders have much more knowledge than Retail investors, lower subsription in QIB will prompt retail and HNI not to subscribe the issue. I think something is fishy somewhere. GMP also reflects that. You have youself to decide.
PS: I am not an expert but I take rational view on the prons and cons before deciding to apply. Afterall money is mine.