Gallantt Ispat Ltd IPO Message Board (Page 5)

Amongst so may IPOs coming it shud not happen that some good IPOs escape your attention.

Gallant Industries had come out with a 10 rs IPO few years back which had given good returns. The promoters are agarwal family from Gorakhpur who have shifted to Gujarat and it seems are doing quite well. Please carefully evaluate this co as well.

Amongst current crop Orient green an IPO has been launched by Shriram EPC which had come with IPO in 2007 which was exorbitantly priced n today even 3 years later is still hovering below IPO price of 2007. SO STRICTLY AVOID ORIENT IPO.

regarding Ramky Infrastructure IPO SJ has already studied it & said AVOID after Finding it expensive on PE basis.SJ is very through with his homework so I will go along with his recommendation for Ramky.

Career Point & Eros though the IPOs are good will give very poor allotment due to heavy oversubscription whereas one can get good allotment in other IPOs.

Cantabil can be a dark horse alongwith Microsec n Electrosteel .Has anybody studied Cantabil?

Hey There are so many ipo's in the pipeline. which is better and which is not analysing a tough task but in present market scenario we should not have to avoid any ipo because any small ipo can give benefit to us whereas any other big ipo may not be so we have to apply for all the ipo's at present

Va Tech Wabagh Limited - IPO Details
Va Tech Wabag Limited

BRLM: Enam Securities P. Ltd./ IDFC Capital Ltd.

For QIB: 22nd September - 24th September, 2010

For Retail/ HNI: 22nd September - 27th September, 2010

Face Value: Rs. 5/-

Price Band: Rs. 1230 - Rs. 1310

Lot Size: 5 Euity Shares into multiple of 5 Equity shares

Registrar: Karvy Computershare India Pvt Ltd.

Issue Size: Rs. 125 Crs and an Offer for sale of 26,53,383 EQUITY Share by India Advantage Fund I, Dynamic India Fund I, Rainbow Fund Trust, GLG Emerging Markets Fund And Passport India Investments (Mauritius) Limited.

Issue:

QIB Book: (50% of Net issue size)
Retail Book: (35% of Net issue size)
HNI Book: (15% of Net issue size)

Good Luck

What's forum expert view on this?