Mr raj, with all due respect, dumbness cannot only be associated with sabyaschi only, u wud fit the bill perfectly. IDEA at 150 ...u sure not a operator in the market trying to bluff the people. folks with the falling market only peo like raj wud give such rich valuation to a co wch hasnt even break even.ARPU being the lowest in the industry, supply of shares at such huge quantities all this wud take the stock down. my guess is at max 90 -95 , at tht price sell n run , n ofcourse "some" people can hold it for 150 , wch wud never come
From todays rally of market suerly it will be + mareket tommorow.so idea cellular will cross 120 to 130.see nissan copper a small company listed for rs 45 and down to 35. then it bounced and went to 136 same day. a small co like it went to 136 rs .so suerly idea will cross rs 120 to 130.its all in the hands of speculators
I complitly agree with RAJ. Lead Manager for Idea are JM Morgan Stanley, DSP Merrill Lynch, Citigroup Global and UBS Securities. They are best Investment firm in India. So don't panic it will list above 100
mr.sabyasachi, i agree with u, 'truth is bitter', and the truth is that i seriously doubt ur knowledge of stock market....sir ur giving contradictory stataments...u urself have admitted holding 345*3 shares of idea which means u must have found either the fundamentals of the co. to be stong or the valuations of the co. to be attractive because i feel a person like u who has an experience of 20 yrs would not apply for any ipo blindly. now why have u turned so -ve on a co. in which u applied 20 days back....i'm sure idea as a co has not changed much in the last 3 weeks. also i would like to draw ur attention to the fact that idea was oversubscribed in the retail category by only 3.6 times because it was a huge issue..on the contrary mindtree got huugely oversubscribed because it was a small issue....we should not forget that idea got oversubscribed by 79 and 23 times respectively in the QIB n HNI category despite being a big issue. QIB n HNI investors do their research and only then invest.so i request everybody to just ignore mr.sabyasachi who i feel is definitely not as knowledgeable as QIB's.
HI, "Sabyasachi Mohapatram" seems to be a dumb bengali babu. He doesn't know abc of stock market. I just don't understand, even after 20yrs in stock market, how one can say this bla....bla..
Idea will deffinately list above 100 and can go upto 150-120 intraday. And mr.Sabyasachi Mohapatram, if you dare, come to this section tomorrow with your **s **le.. We will have gr8 fun with it..
Don't miss guide people... Don't sell IDEA in panic... Hold upto 150 atleast.. or say one month..
Hi Mr. Sabyasachi Mohapatram, Are you from Ahmadabad?
I am sure you are trying hard to speculate this forum or retail investors of this forum to sell there stock in panic and you get a chance in enter in to this stock.
I seriously doubt your claim of being an IIML student. I have plenty of my friends from IIML and they are so polished.
I strongly believe that you are from A’bad. What do u say? Sanjiv
Dear Mr. sabyasachi mohapatra Instead of blaming others and talking non sense, why don't u go and buy yourself some nice books on english vocab. as form all what we can see it that ur english is really pathetic and u need to work on it straigh away instead of arguing with other fellow members. And please..keep this place clean.
I agree "Sabyasachi Moihapatra" could be a meritorius student in IIM-L, but who knows that you are that one. If you see my post name, its George Bush, it doesn't mean that I am the president. Its simple, buddy! Live in practical cyber world!!
If you know the basics of Internet, you would know that it is considered highly impolite and you should striclty avoid using it.
btw. tommorow IDEA is listing and let's see if your 20yr old experience works. I am ready to buy all your shares now at 75/- , if you are that confident that IDEA will fall, today.
Hi sk Green Shoe option is a provision which gives the underwriter the right to sell more shares than initially planned by the issuer. This usually occurs when the demand for a security issue is higher than expected, which helps smooth out fluctuations in demand and supply in an IPO.
The underwriters have thirty days in which they can buy these extra shares at the IPO price. Hence if the stock goes up, the bankers can profit by buying at the IPO price and then selling at the market price.
Of course, green shoe option would only be exercised if the trading price in secondary markets is higher than the IPO price. (Who's going to exercise an out-of-the money option, right?)
Therefore, when the underwriters are allowed the right to buy (up to a max. of 15% more shares) at the original IPO prices when the demand is high, prices for the securities in the secondary markets will naturally drop, thus help stabilizing the prices