Electrosteel Integrated Ltd IPO Message Board (Page 26)

Hi friends,

can I apply in Electrosteel IPO. Is this good IPO. Listing gains will be there or not. Please tell. Am new to this.

Subbu = Subbiah Ramanathan ????

Welcome to you

Regards,

xxx

whats ur take on electrosteel ipo? is it a good long term investment?

whats ur take on electrostell in short term and long term?

Electrosteel pvt. placement shares were alloted at face value (Rs. 10/- each). the shares were later traded in market at premium by the purchasers/brokers. there is nothing wrong with the co. / promoters.
we are in a habit of seeing ipos with huge premium over face value. thus any co. offering shares at face value are not trusted.electrosteel is a reputed DI pipe manufacturer even in international market (in domestic market, they had monopoly for a couple of years). since the project is not ready, the co. is offering at face value. go for it with a bang. if you do not catch this time, may be you may not get this price at a later date.

disclaimer - i am a shareholder of both the co (ECL & ESL).

The promoters did not ask for any premium during the private placement,it were the brokers like SSD (KOLKATA BASED} and others who made the money. They gained at the expense of the investors as always!

Mistake in calculation egnor 60 no Q
Electrosteel steel share issue in private placement(promotor quota locking period 1 year from the date of listing) @11.25 to 12.00 per share from last 1 year approx 20 crores share & collect Rs 232.5 crores from market then why IPO price band 10-11.

Electrosteel steel share issue in private placement(promotor quota locking period 1 year from the date of listing) @11.25 to 12.00 per share from last 1 year approx 2 crores share & collect Rs 232.5 crores from market then why IPO price band 10-11.

if u ppl read the offer document filled with SEBI by this co. in which "risk matter" is mentioned......then u ppl can't think 4 investing in these scrip.

There are HUGE amt of litigation pending against this co & there subsidiaries co.

Looking they want fund from public to repay there obligation & not for expantsion/new project setup.

thats the reason for issuing @ near to face value.
i am surprised to see the offer price but when read the offer document ....i not satisfied with co offer

pls reads the offer document before investing.

Rgds

dear sj what you think about eil it look like ispat industries can you suggest between eil ramky micro finance or orient green power i already keep the money for va tech and carrier which already suggest by you

@Sj: Aap to full form mein ho bhai. Besides being a good analyst u can be a good lyricist too!

@All ij well: Well said Bro. Also, i would like to add that IPOs are a medium through which a company offers shares to public at a lower price for showing confidence in the company and investing before it hits the market.
This confidence should not be simply exploited by merely taking listing gains and getting out without giving a damn about the company. Investments should be made for long term in good issues with a motive of reaping benefits of the growth of the company and not merely listing gains.

The best post of the day goes to

@ Bhaiya ALL IJ WELL

You are great and among few sensible people in this board.

JAB IPO HON OUT OF CONTROL

TO HOOTON KO KAR KE GOL

HOTON KO KARKE GOL DIL PE RAKH CONTROL

AAAAAAAALLLLLLL IZZZZZZZZZ WEEEEEEEEEEEEEEEELLLLL...!!!!!!

BANDA KYA JANE USKI KISMAT KA KYA HOGA.....KYAAAAA....HOOOGAAAA..!!


GAINS MILENGE YAH SA7*$%^LA KEEEMA HOGA.......KEEEEEMMAA HOGA...!!

KOI NAA JANE PHALTU IPOS KAA KYAAA HOGAAAA...

TOO FORM MANGA ACHI COMPANY KAAA....APPLICATION LAGA KE BOOLLLL.......

KE BHAIYA AALL ISSS WELLLLL......OHH BAKRE ALLL IS WELLL.....

OOHHHH CHACHUUUU ALL IJJ WEHYYYYEEEEEEEELLLL..!!!

KE BHAIYA ALL IJJJ WEEHHEEYYYE;LLLL....!!!

LOL...!!

Invest 1lakh in Electrosteel Integrated Limited IPO you will be a crorepati in 3-5 yrs.. Trust me bcos small issue price & moreover steel & iron are basic meatls needed for any construction... issue price equals face value.. U can take risk

hi everyone....have been a silent spectator in this forum..as the markets are making new highs, the primary market is being flooded with IPOs. i see a lot of new investors in this board who are keen to make quick money (and why not)..some of these investors are new as well as naive (ignorant)about how the markets work, and just for the benefit of these investors am writing down some advice (rest can skip the post)
1. all the IPOs which are coming out are EXPENSIVE, compared to the price if they had come out one year back. all the companies want to get max subscription and that too at rich valuations..so thats why you are seeing so many IPOs. where were they a year back?
2. that means though the AMOUNT of profit one stands to gain is more, the CHANCES of losing money (hard earned)is also proportionately more.
3. SO dont get greedy...apply ONLY in quality IPOs. As to when to exit is a big question. Depends on market enviornment, sentiment and global scenario. So an early exit would be a safe option seeing the prevailing high market valuations. After you have sold dont feel bad if the share price still rises.That is just LOSS OF PROFIT and not actual loss.
4. Earning thousands of rupee may give you satisfaction, but loss of few hundreds of rupees would be a lot painful.
5. Do not judge your profit/loss in a short term...u might be making money as of now....u have to see that u make overall profit even after 10 or 20 years. that will signify that you have done disciplined investing.
6. there are enough knowledgble boarders who can give you correct advice, but do go by your own judgement too. Lesser is your confidence on yourself, lesser should be your risk taking appetite.
best of luck
ALL IJ WELL

ISKI KOI FASE VALUE BATAEGA 1 HAI KE 10

VATECH WABAG
price band declare
1230-1310
issue size 480 cr.
22 sep to 26sep

Dear boarderers
&
Administrator

SKIP POSTS FROM "GIVE ME SOME SUNSHINE"

THEY ARE DEROGATORY AND SPAM

REGARDS

Dear SMA,

What is your final call on this? How many lots you are applying?.

Cantabil Retail Sets IPO In INR127-INR135 Band, To Raise INR1.05 Billion


MUMBAI -(Dow Jones)- Cantabil Retail India Ltd. said Friday it has set the indicative price band for its proposed initial public offering at INR127-INR135 a share.

The retailer plans to raise INR1.05 billion through the offer, which will open for subscriptions Sept. 22 and close Sept. 27, said a company statement.

The proceeds will be used to set up a manufacturing facility, expand retail network, repay debt and for working capital needs, it added.

SPA Merchant Bankers Ltd. is the arranger of the issue.

Face value is Rs. 1/-