dear Ravi, SJ, shreedhar Please post your valuable comments regarding gujrat pipavav only on gujrat pipavav blog not on bajaj corporation blog as it it is very difficult to read comments on all old blogs and make a mind on applying this ipo. We will make a mind on this ipo weather to apply it or not after taking every important comments into the consideration.thanks
@chethan mave chethan....this is very high risk issue. should be avoided. no one know what will happen on listing but poor fundamentals are against this issue. apply only after selling in advance in grey.
agreed ...there will be dhamaka....but I think this will be downside this time......thisstock is discount material. History says that anchor invetment (whatever big names there are) is completely irrelevant when it comes to listing...
sj ,ravi bangalore i again remind you that reliance mutual fund is not the anchor investor why have you ever noticed that all the good ipo have 8 to 15 percentage of anchor share by reliance funds 2) labour litigations 3) withdraw of investment made for 11 years by good funds at loss (two goood funds are investing again i had mentioned to invest rs 13000 maximum risk in this po having made money in sks, eng, and bajaj only these people can take risk of rs 13000 still many good ipo are to hit the market
LARGE NOS OF fiis & BLUECHIP MFs have particpated in anchor investor like DSP,GS,HDFC.CANARA ROBECO,AXIS MF.TATA MF,govt pension fund,llyod george,deutshe securities,govt of singapore ,DEUTSHE SECURITIES.,INDIA OPPORTUNITIES FUND
all bluest of blue chips. REST ASSSURED THIS IPO WILL BE LIKE MUNDRA PORT IPO OF 2007 A DHAMAKA WILL BE TEHRE ON LISTING.
Recent listing of SKS (congrats to SJ as he was very correct there) and EIL is making up people's mind biased positive. You can see that very less number of people are selling this issue in grey compared to SKS. In SKS a big portion of retail was sold in grey so the operator moved that positively. But because of good listing of SKS now public is not selling this so operator do not have any interest in making this issue list positive.....
apart from that fundamentals of this company are not very strong so holding this for long term is just a gamble....if you want to invest long term better invest in companies having good bookvalue and EPS so that atleast capital is safe.
I AM VERY MUCH SURE THAT FUNDAMENTALS DONT JUSTIFY PRICE BAND. I REQUEST U ALL NOT TO APPLY SUCH COMAPNIES. ANCHOR INVESTORS SAB MEIN HOTE HAI. ISAKA MATLAB YEH NAHI KI HAM APNA HOME WORK NA KARE.
SHARE AT A PRE ISSUE BOOK VALUE LESS THAN 10 AND NEGATIVE PROFIT FOR THE LAST FEW YEARS SOULD NOT EVEN GET PREMIUM.
dear vishal no of course its fii backed issue....no doubt....but some operators can manipulate it on listing day like aster silicates.....although i am not saying it is of that quality........but i advice...strictly advice people...to invest for long term....just look what happened with pipavav....after 50 today it is 100+...so retail investor should not look for short term.....gains coz they could panic if it is shorted by operators and book losses....or they can exit with profits very early.......
I got the info from ANCHOR BOOK, its posted on BSE website. And if Govt of Singapore itself is buying Rs 12 Crore shares then it surely has to be worth mentioning.
Just check anchor book of GPPL....
Also i would like to mention that its not operator based ipo. Its FII's long playing IPO.
hi guys i am personaly from bhavnagar gujarat i have visited lots time to pipavav port i must say its bigger company fully mordern work . even it 3 time bigger network and working capacity then pipavav ship yard price band of pipavashipyard around 60 i think still pipavavshipyard makes loses. even pipavav port also loss making company and remember this port is indias second port to list on bse so price resonable . but just sell on listing or wait for 3 or 4 years to get price around 200 bcos they are devoloping this port.apm mersek just and just use your mind and fill ipo bcos i am sure u will not get 8000rs share in 1 lac application so risk is not even high. it will going to oversubscribe by 12 to 15 times any can call me 09427262893 for more info on pipavav.thanx
this ipo how is justify, loss about 800cr in last 5yearsipo fund utilisation for loan payment 300cr+60cr to sale of shares balance140cr for expansion before issue {share capital is 300cr turnover220cr how much will earn ,can't pay dividend A VERY BAD ISSUE