Gravita India Ltd IPO Message Board (Page 34)

Dear Friends
I am of the opinion that whenever the equity of the shares is less it will definitely shoot some good returns at least on the first day.
The fundas of EPS,Profit for the past years are just illusive and has no concern whatsoever when it comes to listing gains.
It is soley the Operators who take the script to a very high level.
Really guys with very small equity this IPO should give handsome returns.
Hence please apply in full swing to have firm chances of allotment.
I have taken chance and applied for 8 Lots.
With regards

My decision of whether to apply for Gravita or not will be based simply on the subscription figures. I did not expect it to be subscribed fully in the QIB category on the first day but it did! Look at BS Transcom! I shorted 20 shares today expecting the price to go down but my stop loss got hit. Who would have expected this kind of price movement for BS Transcom when the date was extended due to poor subscription?

dear raviBangalore,

thanks for another good analysis !
tc..//

152- Arti
you are right. good analysis.

Why shud not one buy Pondy Oxide instead of Gravita as PE is only 5 for Pondy n 12 for Gravita?

No point taking unnecessary risk .Remember Cantabil, Ramky, Tirupati,Sea tv n so many other duds

SRINI

FORGET THIS STOCK NOW AS NOT POSSIBLE TO ENTER FOR NEXT FEW DAYS TILL IT REACHES 3-4

I ENETERED THIS SHARE LUCKILY ONE DAY PRIOR WHEN I TOLD HERE ABOUT THE CO WHEN IT WAS 85 PAISA ONLY.

dear all,
GRAVITA INDIA
Following is my analysis for the issue.
First look at the company
-it is not so proven management.-Hence use of the allotment money is not guaranteed.
-Business is not so good balance sheets are not a good judgment as the we do not know the management , but in the metal side. Hence sentiment in metal do effect the price.
-Specialization in providing service for the engineering of same type of company it is + side. Service provider.

Now look at the pricing.
It is at a reasonably or aggressively price is a big Q.
I could not decide on it. But if GMP is above 20( if it is true) it is going to be good bet.
Now looking to the size and money available for the current issue it can over subscribe more than 20 times easily in retail category.
In absence of the power grid pricing people would not like to hold the money in bank.

Now look at what could happen on listing day ( between 15 to 20 Nov).
As power grid issue is over at that time. QE2 and RBI policy effects are known in the market. Coal India got stabilized.
So punters are ready for this only one issue that they have in the secondary market.
If the metal stocks are quoting high enough and sentiment is good it has got very good change to list above at least 20% above the issue price.
Leaving around 1500-2000 Rs per application at the time of listing. ( at least 1hr after the listing)
On down side if the after effect of RBI policy, QE2 and over subscription of power grid is not so encouraging than it is a very good candidate for the discount listing.
Please note that the secondary market needs a good trigger for a well awaited correction and if that happen on that time it could be disaster for the issue.

Dear Ravi, Bangalore,

Congrats on entering LCCINFOTEC, I am trying to enter into that stock from past 4 trading sessions, but no luck, today I placed order at 9:15:03 SEC's, but not executed.

@149 look at the home page of chittorgarh..."Gravita India Ltd IPO subscribed 0.87 times (0.97 times in retail) on day 1"

Please confirom any one... how much percentage subscribe on 1st day .
Hiren Joshi
Surat

jsw energy looks good for medium terms as generating unit commissioning is in couple of weeks

Dear Friends
The Sentiments on this IPO are very positive all around.
There will be fireworks on listing.
Forget Power Grid and apply in full swing to get good listing gains.
The Equity is very small hence,the share will definitely work.
With regards

Sreedhar is right :)

Current GMP 24-25

Apply in full load to have good profits

Such number of Equity Shares
per Retail Individual Bidder so as to
ensure that the Bid Amount does not exceed Rs.100,000.This means you can apply till 100000 & not 100001.Hence apply for 800 shares.All the best .Those who apply in ASBA for Gravita will get a chance to apply for PowerGrid with the refund of 93750.Allotment may happen on 11th or 12th.I will personally apply in Gravita thrgh ASBA & Powergrid through physical application by cheque so that cheque will come for clearance only on 16th.Hence 2 birds with one stone & maximisation of the return.

As its a small issue with only 36 lakh Shares, it will be an Another Career Point or Gyscoal Alloys Limited in it's listing, don't worry about its Growth and Prospectives, just Apply for listing gains....
For Investment, there are many more shares available in the market, Still as Undervalued Gems....
Thank You....

135 - ckshah

Tested in SBI ASBA. It is Rs.100,000 for retailers for 800 shares.

APPLY 800 SHARES IN RETAIL FOR RS ONE LAC AND GMP IS 22/-

My broker is sayng we can apply upto 93750,nt 1,oo,ooo,ny body plz tel

Yeh IPO me paise dalne jaisa he? what you suggest

since the issue size is small, it will get oversubscribed many times. employees bidding in large nos is really a healthy sign. even for a full applciation the final allotment will be around 10-20%, worth taking the risk