Msg no. 137 & 140. Where from you got allottment details ?. I don't know who send u e-mails. Cameo's website does not show allottment status as of now. May be your relatives are there in cameo. Great!!!!!!!
Saturday, November 17, 2007 Grey Market Premiums as of today Company Offer Price Premium Kaushalya Infra 50 to 60 5 to 7 Renaissance Jewellery 125 to 150 30 to 35 Jyothi Labs 620 to 690 400 to 410 Kolte Patil 125 to 145 120 to 125 Edelweiss 725 to 825 800 to 815 Mundra 400 to 440 530 to 540 Empee 350 to 400 40 to 50 Barak Valley 37 to 42 20 to 25 Religare 160 to 185 300 to 320 SVPCL 40 to 45 1 to 2 Varun 60 44 to 45 Rathi Bars 35 1 to 2 Allied 12 15 to 16 Reliance Power ------- 7200 (Kostak Rates)
I applied for Empee but am concerned that some interested partie(s) manupulated GMP during application phase because it sank like a stone immediately thereafter. If it were true that investors stayed away due to Cameo and that there will be a mad rush in secondary market, then it should now be reflecting in the GMP.
Company Offer Price (Rs.) Premium (Rs.) Allied Computers 12 13 to 14 Barak Valley Cement 37 to 42 15 to 16 Edelweiss 725 to 825 800 to 820 Empee Distilleries 350 to 400 30 to 35 Jyothi Labs 620 to 690 300 to 340 Kolte Patil 125 to 145 55 to 65 Mudra Port & Sez 440 530 to 550 Rathi Bars 35 1 to 2 Reliance Power -- 61 to 62 Religare Enterprises 185 300 to 310 SVPCL 40 to 45 1 to 2 Varun Ind. 60 44 to 45
I called up Cameo. I said the word Empee Distiller, he said call back on 21st. They are not saying when allotment and refund will be made. For evrtyhing call on 21st
Friends, The market today is in a frenzy over EDELWEISS, RELIGARE and MUNDRA. Things change fast. EMPEE will be at Rs 650/- on listing day. Just be patient. BEST OF LUCK.
Whatever u said is correct from your point and what others said from their experience is also correct. People who had bad experience with cameo will not praise them. During Everonn, cameo send cheques to many people (At least I know 5 people in different locations including me) instead of ECS. Many times I telephoned them, but phone rings nobody attends. Their website cloggs when the allotment details are published (my experience ). Now I gave just one example. Religare oversubscibed heavily. Yet the registrar allotted shares on 13/11/07. ECS refund recived by many. (My self being located in a secondary town in Karnataka also got ECS refund). As you said Empee subscribed 6 times. Today is 16th and its registrars are not ready with allotment details. They may have reasons. But in this market where time matters, they should improve thier performance. I understand that you people did not face any problem with cameo. Lucky people.