Gravita India Ltd IPO Message Board (Page 31)

Already subscribed 7 times in retail

what is the current subscription of gravita

Why it's still 1 Lakh max even after SEBI approval of 2 Lakhs? Can expert please throw some light. -Chets

Gravita listing on 15th november.

When Gravita is going to be listed, exact date?

Dear GEM / Ravi Bangalore,

Still confused whether to apply or not for listing gains.

Require your fianl call. Are you going to invest or give a miss as Sreedhar has hinted that he may go for the Gravita IPO.

I am planning to invest 2 applications full.

Kindly provide your honest feedback. I am only looking for 10-20% listing on Day 1 itself.

Thanks.

employee quota oversubscribed , so a safe ivestment. go apply.because they know more about their CO

The issue is getting undue attention from retail investors.
Retail portion oversubscribed by nearly 4 times on the penultimate day.
On the last day because of the small size(12,42,500 shares to retail)it will be oversubscribed by more than 30 times.
Everybody will be under lottery scheme.
There is no guarantee that one will get even 50 shares after applying for maximum of 800 shares.
There will be listing gains for all successful allottees.
It is a game of chance now.
Like getting a winning lottery ticket.
The only difference being,the unsuccessful applicants will get refund and not lose the principal like in a lottery or race course.

Why there may not be much interest from the QIBs is because of the small size.They will be comfortable in a large sized issue like Coal India because of the large number of floating stock.

Imagine if a QIB were to put a sell order for even 10000 shares.
It will immediately hit lower circuit in a counter like Gravita.

The same order will not even create a ripple in a counter like SBI,Reliance,Tata motors,Tisco etc.And that is why QIBs don't want to be in illiquid counters.
After the listing euphoria, Gravita will become an illiquid counter in a month's time.It will have a daily volume of a few thousand shares only.Punters would have shifted their attention to another new
counter,another small IPO issue.

Moral: Apply for listing gains only.
No guarantee of allotment.
Lottery scheme will be in operation, even for 800 shares application.

YES MILIND THESE ARE MINE

SRINI

LCC INFO IS NOT A VALUE BUY AS I SEEN SOMEONE ANALYSING ITS FINANCIAL AND SAID AVOID.

I WILL SURELY NOT EXIT BEFORE DOUBLING MY MONEY(85 PAISA *2 = 170 PAISA)

Dear GEM,
Are those comments from you?
Asking this qtns since we are used to receive your valued opinions in capitals.
MILINDS

'Subscribe' to Gravita India IPO for listing gains: SBI Cap

now god know its faith

168. Ravi,

I am leaving it, as Gem also asked me to leave it I am giving up, today also I tried, but not able to enter. Any other stocks like this?.

Its clear Gravita may give at most 25% return in a week after listing...not more than this....
so I will go ahead and applying tomorrow......

I do not expect Retail and HNI to be oversubscribed more than 10-12 times since QIB interest is limited. I do not expect upside over 150-160 and also due to Power Grid FPO some amount may be pooled to it also.But due to good valuation I expect it touch 150-160 on listing and may comedown on listing day to 130-140.

HNI are the main player in sucess of an ipo becouse they used money to subscribe is financed by other which they charge interest on it so HNI apply in ipo means they can get more return then the cost of financed so the more mony means more successful ipo or after listing HNI will take comman in their hand they are the operators of stocks so look HNI
_____________________________________________
happy investing

PC Dave,
HNI need to be only 10 times for the Issue to be a success.Tomorrow it will happen so do not worry

I have heard from the resources that NIIs will bid tomorrow in large numbers can be 19 times... rest let's see..

Just curious to know....
Non Institutional Investors for the following
in case of Sea TV - 40 times
Gyscoal Alloys - 33.44 times
Tirupati - 19 times

While for Gravita only as of today - 0.19 times

is there chance to getting more bidders for NIIs...?

Any one please help me understand....
on muhurat---we can buy any share...let say 10 reliance...and at what time from below schedule...


Lakshmi Puja and Muhurat Trading on Friday, November 05, 2010

Lakshmi Puja : 4:00 PM Onwards

Muhurat Trading Session Details:

Session Start Time End Time
Login 05 : 00 p.m. 06 : 00 p.m.
Call Auction 06 : 00 p.m. 06 : 15 p.m.
Continuous Trading* 06 : 15 p.m. 07 : 00 p.m.
Closing 07 : 00 p.m. 07 : 10 p.m.
Post Closing 07 : 10 p.m. 07 : 30 p.m.
Member Query and 6A / 7A entries 07 : 30 p.m. 08 : 00 p.m.
* Block Deal window will remain open from 06:15 p.m. to 06:50 p.m.