1. no docs required to submit for ASBA..internet banking required mostly all bank support ASBA u can apply by internet banking ...but in some bank if u have internet banking still they dont provide ASBA online service they will provide ASBA by other way by submiting ASBA forms which is avaible on bse and nse site u can download when ipo open and submit to bank
Dude.. Sl.No. 81. You have quoted correctly. I can tell all the investors one simple thing. The promotors AP Moller are world best. About their efficiency etc it is beyond anyone's doubt. They have created so much of infrastructure, profit is bound to take time. For the investments they have made, for their goodwill in the international area, the port being in the most industrailised state i.e. Gujarat, the potential of the business.. i think the premium is justified. When so many promotors without any background looted through IPO, the APM certainly deserves the premium. If by chance, the market price goes down, the investing community should see this an opportunity to buy further and build up their portfolio. This is bound to give returns and once it starts giving we will need more than two hands to hold it. This is my considered opinion. Therefore there are two options, either buy at discount, if at all it comes below the issue price or buy at a price after listing. The choice is yours. Only once in a life time,you get an opportunity to hold shares of the stature of APM.
I want to know how to apply through ASBA application. If is it necessary to have internet banking for the bank account? Do i need to submit the application in the bank
2 cents from my side ...some of the statistics/facts that came across me in CRISIL report... wud help to decide to invest.. -- GPPL is a professionally run company promoted by APM Terminals, the second largest container shipping terminal in the world. -- Growth in cargo traffic at major ports is expected to accelerate to 8.5 % in 2010-11 from 2.2% in the preceding year.This growth is likely to be driven by a full recovery in India's foreign trade.Major ports (including JNPT,Mundhra,Guj Pip. etc.) are expected to handle 608.6 million tonnes of cargo traffic during the year. -- According to the Government of Gujarat, six power plants are being commissioned close to APM Terminals Pipavav and 11,164 MW of power generation capacity will be added in the state by 2012. This will translate into a coal requirement of around 45 mtpa (million metric tonnes per annum); 4 mtpa for a 1,000 MW power plant. The increase in demand for coal will help boost the coal traffic at APM Terminals Pipavav.
Atleast with these rationale and that GPPL has an established infrastructure, we can definitely invest for long term gains in this stock.. suggestions are invited from the experts on this forum....
WHEN ALL THE COMPANIES ARE BRINGING THEIR IPO AT HIGH RATES SUCH AS 935/-, 660/- EVEN UNKNOWN PRAKASH IS AT@110/- WHY THIS COMPANY IS BRINGING @ 48/- ONLY
ARE KOI BATAO KI IS ISSUE MAI RETAILS DECOUNT KITNA HAI(HAI KI NAHI?) KYA YEH GUJARAT STATE GOVT KA ISSUE HAI? KYA IS ISSUE MAI GOVT STATE HAI ? GREY MARKET KITNA CHAL RAHA HAI ?
I SOLD MY APPLICATION @ 1800 IN SKS, @ 1600 IN EIL @ 1500 IN BAJAJ NOW I HAVE TO PAY HUGH DIFFERENCE. SO THIS TIME I SUGGEST PLEASE U ALL DONT SELL IN GREY MARKET THIS WILL ALSO LIST BUMPER.
LOss since last 4 years, its true i have checked prospectus. book value is less than 10. although after collecting heavy premium from this ipo book value will be increased but still it is highly overpriced ipo. we can not judge every port by using price to book value method. mundraport trades at price to book value of 8. this does not mean that a company with negative profits should be given same valuations.
even if this company lists at a premium, that will be because speculation. rememeber aster also listed good but thereafter what happened is a horrible story.
so guys be careful and apply only if there is grey market demand. once good grey market premium or kostak starts with great demand, there will be many experts here who will guide you about fundamentals by some cut - paste articles and recommend you to apply. then only u should apply.
otherwise this is an "INDIABULL POWER" type ipo.
I am surprised that we have got application form 3 days back, we have got drhp with sebi website but still no expert is available to give his recommendation for this ipo (with valuation rational). i think still none of reputed brokerage house has done their research, nor their is hugh grey market activities and our experts are wating for brokerage house reports and active grey market so that they could cut-paste those report here by their name.
dear vivekbhauka (from money control), if u are listing then please give ur valuable comments.