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Claris Lifesciences Limited IPO Message Board (Page 20)

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109. chirag hrithikian |   Link |  Bookmark | November 25, 2010 12:40:36 PM
Mene 110 shares key liye laga di . 22320 . aur lagaun kya.
108. bangnewman |   Link |  Bookmark | November 25, 2010 12:10:05 PM
Friends. Donot go near Claris. only 0.02% subscribed ( 0.07% in Retail) on first day.
107. king of shares |   Link |  Bookmark | November 25, 2010 11:54:00 AM
should i invest in claris lifescience IPO. Pls suugest.
106. Durai Raj,Tirupur |   Link |  Bookmark | November 24, 2010 7:06:25 PM (300+ Posts)
@ fortune finder
Hmmm.... Want to make a Crore, ok what is Your investment?
105. Ipofinder |   Link |  Bookmark | November 24, 2010 6:17:07 PM
Concerns

1. Warning letter and Product recalls a big negative
In November 2010, the company’s manufacturing facilities at Ahmedabad
received the USFDA warning letter for violation of the CGMP regulations. The USFDA has also issued import alerts on certain products of the company distributed through partners. For the five months ended May 31, 2010, the US contributed nearly 14% of the company’s total revenues.
2. Pursuant to the recommendation by the USFDA and GCC, the company’s
registration and products were suspended by the Drug and Food Control,
Ministry of Health, State of Kuwait from June 8, 2010 till August 22, 2010. As a result, the company’s products were not marketed in Kuwait during the mentioned period.
3 Claris has also received a number of complaints from other countries for some of its products, namely ciprofloxacin, metronidazole and ondansetron that were contaminated or suspected, post which the company recalled these products. The cost of recall for the five month period ended May 31, 2010 amounted to `7.4cr, while revenues from the recalled products constituted
3.7% of total revenues and 66.2% of revenues from the jurisdictions where the products were recalled.

4. Promoters past history

Save ur capital from these type of IPOs !!!
104. Ipofinder |   Link |  Bookmark | November 24, 2010 5:56:14 PM
Today's subscription shows the quality of the issue

QIB:- 0 times
HNI:- 0 time
retail :- 0.07 times

Mostly we have good subscription on first day and last day itself
It shows that none of the QIB and HNI are ready to give their money to such a promoters
better to avoid that and go for one97 and Punjab sindh bank
If one has money left after applying in MOIL and SCI
103. fortune finder |   Link |  Bookmark | November 24, 2010 5:37:41 PM
hi everybody.. happy evening..am new to this platform but i hav been watching this forum from so long.

hi my query is as follows...

i want 2 make money through stock market, but i know trading is a very risky n at d same time u can mint money in no time. hence i have decided to earn money through only IPO. my intention is to earn 1 crore. can anybody tell me what is d strategy i should follow n wat is the time duration. seeking genuine guidance.

fortunefinder
102. Ravi Kumar |   Link |  Bookmark | November 24, 2010 3:36:39 PM
Hi sreedhar,
Can you let me know whether we can apply for Claris IPO?
Thanks
Ravi
101. DAY&IPO TRADER |   Link |  Bookmark | November 24, 2010 3:27:17 PM
Total Issue Size      8848921
Total Bids Received      179212
Total Bids Received at Cut-off Price      153406
No. of times issue is subscribed      0.02
100. CHINO |   Link |  Bookmark | November 24, 2010 2:58:34 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
CLARIS GMP..APPLICATION 3000=3200...SHARES 31/- SELLER
99. Srini |   Link |  Bookmark | November 24, 2010 2:25:36 PM (400+ Posts)
Dear Sreedhar,
Ok, its some relief for me, please keep in mind and let me know when I have to sell, leave all those targets.
98. Sreedhar |   Link |  Bookmark | November 24, 2010 2:20:43 PM (900+ Posts)
Srini,
Now its 310.No use selling now.If you do not require money wait till its included in F&O & Nifty,that will be the time when it will go up.NMDC also went up more than 15 percent once it was include in F&O.
97. GmOpieka |   Link |  Bookmark | November 24, 2010 1:55:53 PM
Dear All,

I have seen the day 4 subscription status of one company as
QIB 82.6190
Non Institutional 190.0231
Retail Individual 14.8716
Total 73.0400

We all have seen the post listing scenario also. This share has still not reached its allotment price. (They say its the major power & energy giant)

Does this oversubscription counts really....?
96. Anirban Saha |   Link |  Bookmark | November 24, 2010 12:58:35 PM
Has anybody received Power Grid shares in their SBI Demat A/c
95. Ipofinder |   Link |  Bookmark | November 24, 2010 11:34:52 AM
It is is a HFCL type of company
strictly avoid

No buyer of kostak even at 1500

Apply MOIL, SCI and one 97
to have good profits
94. Pandit Ji |   Link |  Bookmark | November 24, 2010 11:29:23 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
@cpb
Minimum lot ia 17
93. Sreedhar |   Link |  Bookmark | November 24, 2010 9:34:34 AM (900+ Posts)
Friends ,
bought 1000 Powergrid at 96.25 & 1000 at 96.5 for a target of 98-98.5.
92. Sreedhar |   Link |  Bookmark | November 24, 2010 9:32:50 AM (900+ Posts)
One 97 excellent IPO.Go for it friends.One of the fastest growing technological companies as per Deloitte ratings.
Value added services are poised to grow at a phenomenal rate due to starting of 3G services .After 3 G service introduction focus of telecom companies would shift from voice revenue to data revenue.
Only listed peer is ONmobile global which is quoting at 32 trailing PE.
Based on recent preference share conversion by the promoter at 174 ,price is expected to be 170.

Friends save some capital for such Issues wherein allotment will be certain.
In MOIL those people who feel they are lucky or who can afford to make a 2 lakh application can apply.
Some other good Issues like A2Z,PSB etc may also come so friends save your capital for guaranteed earnings unlike lucky lottery like MOIL.
91. Pankaj Jagani |   Link |  Bookmark | November 24, 2010 9:14:38 AM
PLS TELL ME GREY MARKET KOSTAK RATE OF CLARIS IPO ? ITS A GOOD OR BAD ?
90. Pankaj Jagani |   Link |  Bookmark | November 24, 2010 9:13:37 AM
PLS TELL ME GREY MARKET KOSTAK RATE OF CLARIS IPO ?