Bajaj Corp Limited IPO Message Board (Page 18)

ravi banglore, gem ipo finder, shreedhar,
I have a dmat account in icici direct, which does not support intraday trading in IPO's first few days of listing and no intraday trading in BSE also.
This account provides intraday in select NSE listed shares.
I have read many times that people do intraday trading in newly listed IPOs on first day itself, so can u tell me which trading site is more open in this aspect (including BSE day trading also)

5.92 times will touch 6.50 times,there is something fishy about prakesh steelage ipo.........

I revisit at the close of Bajaj Corp issue.. my below given predictions..did in the morning..

192 NG

May List around 880 and could stable around 945. Lowest could be 799, which could also be stop loss for new entrants and for IPO investor to decide to retain or exit.

148 NG

A full application will get you max 22 shares. Retail subscription may close between 6.5 to 6.9 times.

5.91 times for bids at cut-off at 1800 hrs.
19.23 times over all subscription.

Final Figure :

QIB --- 20.18 Times

HNI --- 53.48 Times

RETAIL -- 6 Times
After huge responce from HNI , This stock should give Listing BONANZA ........BOL BUM

IN BOTH THE IPOS VIZ SKS AND BCORP, NII/HNI SUBSCRIPTION HAS BEEN HUGE THAT WILL SOMEWHAT UP THE LISTING TARGETS, BECAUSE THEY HAVE SOME INTEREST COST BESIDES IPO RATE,

FOR SKS LISTING ABOVE 1000 IS POSSIBLE, BCORP WILL SEE 730 FOR SURE.

Retial is 3.9 times at 17:15 Hrs at BSE site(http://www.bseindia.com/bookbuilding/BSEcumu_demand.aspx?scripcd=355&ir_flag=IPO)

TO
Kukku Bhai
RETAIL TILL 6 O' CLOCK 6.40 TIMES

Latest Subscription
Retail at 6 PM :: 7.25 times

THIS IS THE VIES OF UDAYAN MUKHERJEE ON CNBC TV18:

Bajaj Corp is not a bad one, it may not have huge excitement, but it’s a solid, steady kind of story. It is a good FMCG play, and it might just be the poor man's Marico.

It is easy business to understand, they have one primarily large brand which is in hair oils and a couple of other hair oil brands, so it’s pretty much a single brand kind of a story, so no rocket science here. It is growing at a steady clip 30% plus CAGR (Compound Annual Growth Rate). The valuations are not horrendously expensive for that kind of growth because on current years or FY10, previous years earnings, it is about 23 times at the top end in terms of PE multiples. If you take FY11 expected numbers, I think the PE multiple falls closer to 18 times.

Would you pay 18 times for a reasonably good FMCG play, which is growing at a fast clip and now wants to extend its brands beyond hair oil with the cash it’s raising? I think so. I don’t see any problems with that getting subscribed.

I think they have left a little bit on the table as well, a listing at Rs 700 plus, if markets remain here is entirely conceivable.

So, if you want a steady maybe 10-12% kind of an upmove post listing and then maybe 20-25 % kind of return every year then I think it’s reasonably good defensive kind of a bet to go for. Not a doubler, trebler kind of stock, but a steady kind of performer and that kind of performance can easily be expected.


BUT HE HAS FAILED TO TO GUESS THE LISTING PRICE IN THE BAND OF 5% IN LAST 8 OUT OF 10 IPO THE RESON BEING HE IS ON TV HE HAS TO BE POLITICAL/CONSERVATIVE ON HIS ANS.

5.75 retail at 5.58:p m

204. IPOEXPERT AND 205. GREENSHARE

From where you have the details beyond 1700 hrs. The figure showing at BSE & NSE combined subscription says 18.91 times total and 5.04 times in cut-off price bids.

Are you sure or you are spreading rumors.

Retail at 5:40 is 6.75 times

Retail 6.05 till 5.25 P.M

Will cross 8 times in retail

GMP 72-74
Kostak 1500

Enjoy!!

Total 18.91 times
Retail at cut-off 5.04 times

I HAVE CHECKED THE NSE/BSE SITES-BUT I CANNOT UNDERSTAND HOW TO KNOW THE RETAIL FIGURES.CAN ANY BODY HELP ME? my mobile no. is 98796 96643 AND LAND LINE NO. IS 02752 227592.
PLEASE HELP ME.

Updated as on 05 Aug 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)       1890000      33253450      17.59
1(a)      Foreign Institutional Investors (FIIs)            14419350      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            7262860      
1(c)      Mutual Funds            11571240      
1(d)      Others            0      
2      Non Institutional Investors      450000      17227450      38.28
2(a)      Corporates            14640360      
2(b)      Individuals (Other than RIIs)            2560790      
2(c)      Others            26300      
3      Retail Individual Investors (RIIs)      1350000      4856700      3.60
3(a)      Cut Off            4202900      
3(b)      Price Bids             653800      

Retail and Non-Institutional Bidding is about 16.56 times by 4 pm on Closing day

retail may cross 6X

overall 19 Times
Retail at cut-off 4.8 Times at 4:45pm