Gujarat Pipavav Port Ltd (GPPL) IPO Message Board (Page 64)

please do not apply for this issue, as it is expected to list 20% below issue price

i have sold my 5 applicatuion @ 2175/- in ahmedabad.

Average issue. will give 10-15% returns.

Regards

Today Grem market rate for Guj PP - 2150/-

dear SJ i appreciate yur views on gppl. pipavav shipyard remained around ipo price for quite a long time before doubling the returns. I was unfortunate to exit at allotment price after waitin for long. Plz let me know yur views on:
1. are there likely to be any listing gains in this IPO
2. for gud returns how long should this be held n will this span out to be a gud long term story.
I'll apreciate yur views on this

Bangalore GMP has dropped to Rs 1 now. Only seller no buyer.

As company belonging foreign promoting.also lic is interesting to buying 1.5 crore share as a anchor investor.As a crisil rating company belonging 4 rating it's vary good rating at this price. i think price resist at 55 to 60 level at short term.


dave jayesh
market researcher.

What will be the listing price?

SP TULISIAN HAS RECOMENDED THIS IPO ON NET18. NOW DECIDE YOURSELF.

@ vasant

Yes a bit busy....i am buying for them in grey market...bohot uthak pathak hai premium mein...i have advised them to just buy half now and buy half amount after listing..

@ IB

PE Funds ke liye mint ka article puri tarah padhiye..some them like apm capital markets are exiting in part coz they are closing down some have redemptin...

Even they are themselves saying they still hold part as they believe in their growth..story....

and anchor will obviously get cheap than retail.....look at sks people like george soros got at 600 and retail got at 985..

plz apply at cut off price..

SJ pl. dont mind.More you argue in favour of this issue , more dislike it generates.

Dear Sreedhar,
What is your call on Gujarat Pipavav? I am out of station and temporarily peeping in from a relative's house. I will be back in my place soon.
Also I want to know whether we should have any stop loss for Bajaj Corp. It came to 710 levels today and from there has gone up slightly.

no bid till now

sj,
hello,
what your client are doing are you knocking their door to subscribe for the issue
issue has opened
i hope so you are doing an good job are you busy collecting forms
rate is rs 100 per form of application

sj,
gujarat ppl has subscribed not an since share 30 mins have passed the issue has opened

"ITS BETTER TO AVOID A GOOD IPO THEN TO APPLY IN A BAD IPO"

IN MY OPINION ITS AN AVOID IPO.

BUT FINALLY ITS YOUR OWN MONEY SO YOU YOURSELVES KNOW BETTER WHAT TO DO WITH UR MONEY

BOLO TARA RA RA

This Company grew in terms of revenue from Rs. 142 crores in 2006 to Rs. 225 crores in 2009 but net loss also grew from Rs. 52 crores in 2006 to Rs. 118 crores in 2009.

and out of this ipo, more than 60% will be used for repayment of existing debt that will reduce intrest burden by Rs. 30 crores per annum.

you guys can understand what profitabilty will be increased by use of rest of funds. total revenue 225 crores and net loss 118 crores that too with a healthy growth in revenue consistently.

also anchor investors did not subscribed at upper end i.e. @ 48/- they subscriebd at 45 only.

I AGAIN REPEAT MY WORDS. THIS WILL GIVE LESS THAN 1000 RS. RETURN ON ONE LAC APPLICATION. AND I WILL NOT BE SURPRISED EVEN IF DELIVERS NEGATIVE RETURNS.

BOLO TARA RA RA

Dear sj

u are doing great work and taking so much pain for the benefit of all the boarders who may use their discretion.

Regarding ur projections please have a look at http://www.onemint.com/2010/08/22/gujarat-pipavav-port-ipo/
where in the basics like container cargo and bulk cargo it differs to an extant.

i ve been in IPO market for 20 years i have been a silent boarder so far.

if we see this IPO on macro levels what bothers is 1. PE funds are withdrawing at loss (leave their interest cost apart) 2. anchor investors are also investing @ 45/- and not on upper band. 3. what is the urgent need for promoters (except repayment of debt) as if the company is just going into black then they have justed waited for few months for better price discovery.

some brokers are casing the ipo Gujarat ppl
what interest they have i hope they will be exposed as qib are not going to invest for than2 times
sj test lies before you

read what businesline newspaper says about this issue-a link
http://www.thehindubusinessline.com/iw/2010/08/22/stories/2010082251041300.htm