today i will try to explain what is "GREEN SHOE" option is -
1) The term is derived from the fact that the Green Shoe Company was the first to use this type of option.
2) it is an underwriting agreement that gives the underwriter the right to sell investors more shares than originally planned by the issuer. This would normally be done if the demand for a security issue proves higher than expected.
3) in simple words it is a process through which share issuing co tries to stablise the price post listing. it is done by issuing extra shares than the plaaned for ipo and later on if prices falls below ipo price the co start buying upto shares issued under green shoe option from the open market to stablise the price abive ipo price.it is done through underwriters
Company Name Offer Price Premium (Rs.) (Rs.) Indosolar Ltd. 29 (Lower Band) DISCOUNT Tirupati Inks (FPO) 43 (Upper Band) 6.5 to 7 Career PointInfosystems 295 to 310 150 to 155 Eros International 158 to 175 43 to 45 Microsec Fin 113 to 118 15 to 17 RamkyInfrastructure Ltd. 405 to 468 32 to 35 Orient Green Power 47 to 55 Discount Electro Steel 10 to 11 1.10 to 1.20 Gallantt Ispat 50 (Fixed Price) 5 to 7 VA TechWabag 1230 to 1310 300 to 325 CantabilRetail 127 to 135 14 to 15 Tecpro Systems 340 to 355 30 to 32 AshokBuildcon 297 to 324 25 to 27 Sea TV Network 90 to 100 19 to 20 Bedmutha Ind 95 to 102 8 to 10
Your posts nowadays are mostly in Hindi.Even though I understand and speak a little bit its tiresome to read your posts & understand.
I am one of your regular readers for past many months and request you to keep your posts in English and may be there are quite a lot of people like me.
I would also request Chittorgarh team to have a survey mechanism (may be like in money control.com for the new ipo issues)to vote for the best analyst etc etc which would reflect the strength of people who read the messages. I am sure SJ & others stalwarts would fare well.This would inculcate a good environment and ofcourse boarders like us would be benefitted by excellent posts.
please post all good things related to IPO's and good profit gaining...be cooperate with SJ, Sreedhar, GEM,, and all excellent person with good knowledge...
good dreams night with full of profit...
SMA
155. Sj| Link| Bookmark|
September 25, 2010 1:01:09 AM
(400+ Posts)
DEAR SMA AT 177
THANKS YAAR
HOW ARE YOU LONG TIME NO SEE....?
CHAAL AB MAIN SITE SEE JAA RAHA HUN
KYUNKI 2 DEGREE BUKHAR HAI
AUR VA TECH KA RESEARCH BHI KHATAKM KARNA HAI TUM LOG KE LIYE AUR MERE CLIENTS KE LIYE
TAAB TUU BASS GINTE REHNE JAAB TAAK HAI
KE YEH ANONYMOUS MERE BAREE MEIN KYAA KYA LIKHENGE
SJ , Why do u really comment on these Anonymous guys post? I have read ur analysis and found that u really know the field. So why to indulge in arguments with these good for nothing anonymous people?
Is there any way we can contact the site owner so that we can throww these USELESS anonymous people from the site???
You are a perfect telugu man, yes my name is Srinivas, basically I am from West Godavari District, Kovvur, and I have 15 years of professional experience in media(Technical Department). Anyway happy I have 1 more andhrawala on board.
Srini, Mee peru Srinivas a na?Ninna GEM ,SJ Srini male or female ante nenu guess chesi Cheppa Srini ante Srinivas ani.Nenu kuda Hyderabad nivasi