it is the real thing .idea will list at higher side but will fall steeply.idea is only in mobile while others are in wll,fixed, broadband. even turnaround co. like ttml is bettre.
huge response to such a big IPO....don't go with just retail subscription because 35% of 2100 crore is 735 crore for retail, many recent ipos in total are not even of such size i.e. total of 400 to 500 crore.....so you can say that its a huge success for idea. reasonablely priced...so there is very less chance of going price down then offer price. as per the research given by few brokerage houses it offer price discounted 30-40% at current valuation. I think it should be gone with rs.15-20 premium.
The (oversubscribtion) response from the investors seems to be excellent for this issue simply because of the size of the issue is huge as well(Rs 2125 Crores) & to get approximately 50 times subscription is extremely good & the good news ends here....The issue is going to be listed after the budget & as per my analysis of the valuation of the company is on the higher side & not much on the table for the investors. The positive side is that it is run by a big business house (BIRLA Group) & has a lot of potential to grow provided the investors money are utilised in a proper manner. What fo experts have to say on this issue?
Excellent Response!!!!You can expect very good listing gains........please who talk against this are those....who feel Jealous about such over subscription for Big Idea!!!!!!!
Hi Guys, Excellent response! QIB oversubscribed by 78 times and Retail just 3.8 times. Which means great chances to get allotment and cool listing gains. I love this! Vikky
Be careful of losses. India has lowest telecom costs. Govt. will tax this. Besides IDEA has been long enough without much profits. It's with any Birla company....they start very slow...
for all those who have invested in idea ipo .. dont compare it with bharti airtel or rcomm... but i can tell u information that idea should get listed at 15rs premium which is definately grey market.. rest depends on how markets sentiments are on this stock... its risky so i m with sundaram j.s to keep your fingers crossed.. not mine as i have not invested in this ipo....
HAPPY LISTING.... WHERE ARE THOSE PEOPLE WHO WAS SAYING IT IS RISKY... I TOLD YOU SO MANY TIMES DON'T WORRY ABOUT THIS IPO..
ABOUT CAIRNS EVERYBODY TOLD IT WILL GIVE RETURN IN 2008 WHEN THEIR PROJECT WILL START...THEY HAVE GOOD SCOPE IN KG BASIN WITH RELIANCE IN LOIL EXPLORATION...DON'T WOORY IF YOU HAD BURN UR FINGERS IN CAIRNS ENJOY FRUIT OF IDEA...
demand graph shows following fig at 06.00 pm Total Issue Size 326923077 Total Bids Received 13761394920 Total Bids Received at Cut-off Price 248336640 No. of times issue is subscribed 42.09