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Coal India Limited IPO Message Board (Page 64)

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2931. asmanjas |   Link |  Bookmark | October 26, 2010 9:31:43 AM
What is the date of allotment?
2930. carez |   Link |  Bookmark | October 26, 2010 9:15:40 AM
any idea on allotment date guys??
2929. Sanjay doshi |   Link |  Bookmark | October 26, 2010 9:01:15 AM
coal india shares are for long term period
2928. Ali bhoy sakarbazar wala |   Link |  Bookmark | October 26, 2010 9:01:10 AM


N E W I P O

G R A V I T A

N O V 1 TO 3 N O V

P R I C E Rs. 120 TO 125

.
2927. ARYANADITYA |   Link |  Bookmark | October 26, 2010 8:53:58 AM
HOW TO SELL APP. IN GREY MARKET PLEASE HELP
2926. Saharanpuri |   Link |  Bookmark | October 26, 2010 8:53:40 AM (200+ Posts)
So Gem,Sredhar,SJ & other friends

What should be the strategy for cola india on listing.

First what is the expected EPS for March 11 & 12 for Cola India?

Further public listing n increased scrutiny under microscope by large no of both international n local investors of entire coal india operations will itself lead to huge improvements in the performance is my guess.There are lot of inefficiencies still prevalent in cola india which if removed can lead to further improvements.
Also what are the no of employees retiring in next 2-3- 5 years as that will also reduce costs to a large extent.

Also friends have a close look at SSP fertilizers makers specially Liberty Phosphate in view of nutrient based subsidy >Yetserday both Khaitan N Rama Phosphate were locked in upper circuit while Liberty is still available at forward PE of 4

2925. baba singh |   Link |  Bookmark | October 26, 2010 8:27:46 AM
chittorgarh walo ne bahut accha kam kiya

jo anonymous ka option hata diya

bahut jayada galat baat kar rahe the

thanks chittorgarh
2924. JKVIJAY |   Link |  Bookmark | October 26, 2010 6:22:57 AM
WAT IS CURRENT GMP IN ALWAR RAJASTHAN ON COAL INDIA APPLICATION
2923. KK Natarajan |   Link |  Bookmark | October 26, 2010 5:25:03 AM (500+ Posts)
2933 gama,
Did you take into account the retail applications submitted at 245? if you consider that, those who applied fully will get anywhere around 195 shares, plus or minus five may be. Even this considering there will be some rejections.
2922. gama |   Link |  Bookmark | October 26, 2010 4:17:46 AM
1. As per RHP, any unallocated portion of reserved category will be added to NOTP-Net Offer To Public.
2. NOTP comprises of not only NIIs and RIIs but also QIBs. Hence NOTP will be shares among them in the ratio 50%:15%:35%(QIB:NII:RII)

Now for calculation part:

NOTP 568472796
EMPLOYEE 57314144
TOTAL NOTP 625786940

RETAIL AVAILABLE (625786940*0.35) 219025429
CUT OFF APPLIED 392048500
OVERSUBSCRIPTION 1.789

Note this oversubscription is before technical rejections.So oversubscription is bound to fall after technical rejection and cancellations.So I have incorported other estimated oversubscription details also.


OVERSUBSCRIPTION@1.789

LOT SHARES APPLIED SHARES TO BE ALLOTED
16 400 223
15 375 210
14 350 196
13 325 182
12 300 168
11 275 154
10 250 140
09 225 126
08 200 112
07 175 98
06 150 84
05 125 70
04 100 56
03 75 42
02 50 28
01 25 NIL/BY LOTS


OVERSUBSCRIPTION@1.70

LOT SHARES APPLIED SHARES TO BE ALLOTED
16 400 235
15 375 221
14 350 206
13 325 191
12 300 176
11 275 162
10 250 147
09 225 132
08 200 118
07 175 103
06 150 88
05 125 74
04 100 59
03 75 44
02 50 29
01 25 NIL/BY LOTS


OVERSUBSCRIPTION@1.65

LOT SHARES APPLIED SHARES TO BE ALLOTED
16 400 242
15 375 227
14 350 212
13 325 197
12 300 182
11 275 167
10 250 152
09 225 136
08 200 121
07 175 106
06 150 91
05 125 76
04 100 61
03 75 45
02 50 30
01 25 NIL/BY LOTS

2921. Neerajkrsingh |   Link |  Bookmark | October 26, 2010 1:15:21 AM
without discounting future growth, if we take current fy10 eps of 15.5 and growth of 20% year on year, at PEG as 1, the fair investment price comes as 310. and if take fy11 eps of 18, the fair price comes out to be around 360. so after listing it should settle between 310-360.
Once more clarity on earnings and future growth comes, future growth may be disconted, given that new mining policy coming into effect, don't give any set back.
seeing the quality of the asset, size of the operation, all the long term fund's managers or institutions should take their position owing to their binding on the investment according to the ratings, its having highest grade from all rating agencies.
at this time downside is very limited, and upside is also capped at 360, which may be settle either upward or downward after the decision on new mining regulation, which is a major concern for all the mining companies, which are auguring high prices at current. if any unfavourable decision comes, whole sector will be downgraded and underperform in future.
So, in this volatility, booking profit above 310 will be a wise decision till the mining policy finalizes its course.
2920. soumnath |   Link |  Bookmark | October 25, 2010 11:37:59 PM
Happy news for all retailers, IPO limit raised upto Rs 2L, However retailers Qouta remain same. So virtually no gain out of it.
2919. Anonymous |   Link |  Bookmark | October 25, 2010 11:11:44 PM
2925 ARYANRAJ

YOU R RIGHT.

SEBI SHOULD HAVE DONE THIS BY INCREASING LIMIT BY 25 TO 50% ONLY.

2918. Anonymous |   Link |  Bookmark | October 25, 2010 11:03:30 PM
http://www.moneycontrol.com/news/ipo-issues-open/coal-india-fixes-ipo-price-at-rs-245sh_493865.html
2917. Anonymous |   Link |  Bookmark | October 25, 2010 11:00:44 PM
Mr. CA Ramesh -
do you really think increasing Quota to 70% from 35 for Retail will help poor people becoming Richer ?
Its a 100% book keeping techinique which SEBI is bound to follow.
It cannot be changed and thats good too coz unless QII's have more % than Retail, you cannot decide the fate of the companies like RELIANCE. where in most of money is from QII's . Gone are the days when people beleived undoubtedly in RELIANCE
2916. Anonymous |   Link |  Bookmark | October 25, 2010 10:57:05 PM
190 shares will be allotted for 400 shares applied after accounting for additional 35% shares left in the employee quota.

With retail investors getting the shares at 232.75 each and expecting the share to list around 290, profit per lot must be > 10,000.

So just relax and enjoy the show people!

SB
2915. Anonymous |   Link |  Bookmark | October 25, 2010 10:53:50 PM
2924 bhai password mag raha h
2914. aRYANrAJ |   Link |  Bookmark | October 25, 2010 10:51:23 PM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
2922. Anonymous

CA ji if SEBI increases the quota also than right now floating to survive retail investors will sink. If SEBI makes quota of 70%, only those oprators who have kilo and tonnes of money will run IPO market.

SEBIs decision is ridiclous in my opinion. They could have made it upto 1.25 to 1.30 if they were so badly wanting to increase limits. Imagine what will happen to average to good ipos? No one will risk huge 2 lacs and small investors are already side lined by limit exceeding.
2913. Anonymous |   Link |  Bookmark | October 25, 2010 10:46:43 PM
Can anyone pls update on the closing cubscription figures post withdrawl option.
2912. Anonymous |   Link |  Bookmark | October 25, 2010 10:45:18 PM
We all requested the SEBI not to raise Retail Investor's Portion Rs.2 lakhs.

But SEBI didn't listen to us, it changed, Richer are Becoming Richer, like us middle class, have be poorer by Poorer.

At least Now we all request SEBI to Increase the Portion from 35 % Reservation to 70 % Reservation for Retails Investors.

CA Ramesh