Edelweiss Capital Limited IPO Message Board (Page 55)

Edelweiss is a good issue. you can definitely go for it. The issue size is also 5 times that of Religare, so the chance of minimum allotment is higher.

Somebody tell me the actula Date of relaice power......

any budy can tell me what is the right way to get ipo allotment

Hey mmm! The GMP of Edelweiss is around Rs 850-900 but the guy who gets the allotment even after applying the full retailer quota (application of 99K for 120 shares) will be extremely lucky.

Any one there to tell about Grey market premium of Edeilweiss capital?-please advice

I do agree with Gapoo. This IPO is destined to get hugely oversubscribed. Expecting atleast around 120-150 times in total. May be more. So it doesn't make sense for the retail investors to block the money for 15 days and end up with nothing. There are other good IPOs lined up. Kotle Patil is one of them.

How much amount require for confirm alotment in Reliance Power & Edelwelss IPO

buy syndicate bank on 105 and lic housing finance on 350 for ten days tip is hundred %sure

hai all i am back now after long holiday jyoti and rana called me to share my views on edelweiss capital. please just do not invest in edelweiss capital, just look at the religare subscription, people just mad and scramble to just subscribe this issue and what they get ? Just refund only a handful of investor got allotments and everyone from investor community felt the heat and now every those investor who have not got allotment in religare vows to subscribe Edelweisss issue and just look at the subscription it got oversubscribed in just 2 minutes and oversubscribed by over 3 time just now. it is anybody guess who will got the allotment in Edelweiss issue. though the issue is good but even 1 lac application won't fetch you share in this issue instead concentrate on other 4 IPO which are also opening day after tomarrow, bye

buy gspl today target 94

In the very first hour, EDELWEISS CAPITAL LIMITED
is fully subscribed and it is now over 3 times subscribed. You can imagine the oversubcription on the last day after ipo closes. It will beat all expectations.

HI ALL

DON'T BLOCK YOUR MONEY, SEE PEOPLE ARE CRYING IN RELIGARE SAME WILL HAPPEN IN THIS IPO SO THINK TWICE BEFORE U WILL APPLY......

Will someone please post the urls for sites where we can view real time, intraday bookbuilding for NSE and BSE to see the subscription levels for Non Institutional HNI and the retail categories. The sites I know post only day-end numbers. The intraday data will be useful in the final hours of application to decide whether to apply and, if so, in which category. Thank you.

hi friends,
just joined yesterday to this field....can subscribe this issue n worthwhile than any other issue at this time... those who dont want to miss rel power then leave this ipo...

hello everybody,
Edelweiss is a good script. Take it anyways logically speaking its better than anyother script after diwali. Make small applications but dont miss it!!

Moneycontrol conducted a poll on market experts to check whether to apply for the public issue or not. Experts said apply.

Experts/Company
Poll Result Experts view

R S Iyer

(KR Choksey)
Apply
Edelweiss Capital is a good issue. The price band is a bit on higher side but no problem. It has good brand name in the market and has good asset base. After looking at objective of the issue, the company will do better in future. One can apply for the issue for good listing gains as well as long term.

Manish Bhatt

(Prabhudas Lilladher)
Apply
The issue looks slightly high priced but no worries. People can subscribe to the issue.

SP Tulsian

(Investment Advisor)
Apply
Edelweiss is a known name in the financial market. On analysis of results of FY 07, and results of five months ending August 07, employee costs have increased by about 100%, on an annualized basis, while finance cost increased by about 350%, on annualized basis. As against this, core income of the company, being fee brokerage and commission income improved by just 50%, on an annualized basis.

Even the debt component of the company rose sharply from Rs 386 crore as at 31st March 07 to Rs 976 crore as at 31st August 07. On gross basis, it has resulted in a yield of 13% for five months or about 2.5% per month. This kind of yield is given by arbitrage plays, even on a fund size of Rs.1,000 crores. So, the business model of the company is relying more on trading and arbitrage income which may not be perceived to be very healthy, on a sustainable basis, while valuing a company.

On an annualised basis, for FY 08, the company may have a bottomline of Rs 250 crore, which may result in an EPS of about Rs 33, translating into a PE multiple of about 25 times, at the upper band of Rs 825 per share. The market capitalization of the company, post issue, at the upper band of Rs 825 per share, works out at Rs 6,200 crore.

If we consider grey market premium of Rs 500 per share, market cap on listing would be about Rs 10,000 crore, which makes the issue definitely expensive when compared to its peer like Indiabulls Securities, India Infoline and Motilal Oswal.

The revenue model of the company does not give absolute comfort and looking at the grey market activity and quote, the subscription levels would be very high, resulting in poor allotment ratio. Still if somebody wishes to ride the momentum, one can go for it.

The issue comprises a net issue to the public of 8,181,607 equity shares

Dear Raju (80)
Can you tell me what is meaning of "Application Rs 4000" in your msg.

Best regards,

Grey Market premiums on Monday at 3 PM Reliance Power Rs 60- 61, Mundra Port Rs 510-515, Religare Enterprise Rs 290- 300, Empee Distillleries Rs 30-32, Varun Industries Rs 53-55, Barak Valley Cement Rs 20-22, Edelweiss Rs 750-755.

Dont miss current ipos for reliance power, becuase u will not have to pay total bid amount for reliance power on aplication as earlier in reliance petro.

This is going to be risk free investment, as per crisil rating & if market above 21000 , hope to list above 1700 & with in 2-3 year is going to be above 4000..........MUST APPLY & HOLD AFTER ALLOTMENT