Celestial Labs Limited IPO Message Board (Page 4)

When is the allotment and also the listing date??

thanks mahul

Dear Kalpit I have mailed to Karvy for Subscription Status.
This information is in reply to my mail.

mehul thanks for information.what is the sourece of the information

When Celestial Labs Ltd. is likely to be listed and at what price?

This is with reference to your mail with regard to subscription details of Celestial Labs Limited. Details are as follows:

Retail Investors : 2.5 times
NRI : 1.5 times
HNI : 2.5 times

and overall subscription is 2.5 times.


Thanking you,

Yours faithfully,
for KARVY COMPUTER SHARE PVT LTD
CUSTOMER SERVICE REPRESENTATIVE

when is allotment and listing?

calastial lab ipo oversubscribed by 2.5 times. this co. engaged in bio tect business. prospect of this business is bright. keep it for long term.

Celestial Labs is in similar business like Divi's labs. Bio tech medicine. Imagine if Divis is at 6000+ now. what Celestial could be in long term (2-3 years). Issue price Rs 60 could touch 500 in 3 years.

M. Panjwani,
Equity Analyst, GSIFS

hw many times celestial labs subscribed can any bdy help me

Celestial Lab : IPO Oversubscription Figures can only be released from Lead Managers of the Issue & not from the Registrar.when contacted lead manager they said they will take another 2 days to release this information.

I have talked at karvy issue has been subscribed approx 2 times

can any one tell the no. of times this issue has been subscribed.on which site this information is available.

Okay Nitin.

Thank you very much for your response.

JUST PUT APPLICATION AS LIKELY TO
OPEN AT AROUND RS 100/- ON LISTING....

DEAR ARJUN THIS IS FIXED PRICE ISSUUE HENCE NO BIDDING STATUS IS AVAILABLE AT NSE

Rekha

Where did you get CRISIL rating from

Please confirm

money control experts view is that, this can give us listing gains...

How come there is no information available on NSE website about the subscription details (as it is available for other issues)??????

CRISIL has assigned a CRISIL IPO grade "1/5" (pronounced "one on five") to the proposed initial public offer of Celestial Labs Ltd. This grade indicates that the fundamentals of the issue are poor relative to other listed equity securities in India.

The grading reflects the very low predictability associated with the company's plans in the new drug discovery area and the lack of a clear operational road map (especially marketing) for the industrial enzymes business. These activities are expected to consume over 75% of the planned funds deployment by the company over the next 3 years.

Be WARNED.It is also an FPO which will allot all the shares you apply for.If you still want to jump, it is your money- go ahead.