IL&FS Transportation Networks Ltd IPO Message Board (Page 36)

DEAR GEM IPO FINDER YOUR VIEWS REGARDING ILFS AND PSL BOTH ARE ULTA - PULTA 80-20 OR 20-80.CONFUSED NA KARO YAR.I SOLELY DEPEND UPON ON YOUR AND SHREEDHAR ADVICE . SHREEDHAR I ALSO APPLY IN NMDC 300*300 AT LAST MOMENT.SUNO LAST DAY IT MAINTAIN 360 PRICE EVEN THOUGH IT IS AVAILABLE AT CHEAP PRICE IN THE MARKET.I AM SURE WE BOTH WILL GET GOOD PROFIT FROM N M D C .

hello ever body. Could some one please enlighten me as to how is the listing price of a company calculated? what would be the listing price for IL&FS transport.
Thanx

ilfs ki app. ka kya bhav chal raha hai ?

TO ALL WHO SELECTING ILFS OR PERSISTENT

DEPLOY 80% OF UR MONEY IN ILFS, BALANCE IN PSL

IF POSSIBLE ONE CAN AVOID PSL

THOSE WHO ADMIRER OF PSL AND COMPROMISING ILFS, WILL SEE THERE FATE AFTER LISTING AND 3-6-9-12 MONTH OF LISTING

I WILL AGAIN REPEAT ILFS IS THE BEST CO TO COME OUT WITH IPO IN 2009 & 2010,MAY NOT BEST IN TERMS OF LISTING GAIN
ITS FUTURE IS LIKE NEW HIGH BHROOOOOOOOOOOMMMMM

I WILL AVOID PSL FOR ILFS
KAHA RAJA BHOJ KAHA GANGU TELI....

Any news on what is the GMP on ILFS.
Dear sreedhar, I applied for ILFS 200 shares at cut off price on day 1. What do you think is the probability of getting allotment and how much.

DEAR MUST APPLY. GO 4 IT.U WILL GET LOT.

ITNL GMP 39/-

i believe ILFS TNL should giva a decent return on listing

Hi 198 Saharanpuri how u find FII Response on last day can u help me with ur valuable advise i want to apply 4 ILFS& PERSISTENT.thanks in adv

hi 175Ravi Banglore m enjoying ur trading guidance but could not follow wait till 12:15[first half]to perdict price in2nd half.if u explain with example .itwill be helpful to others also; thanks in adv.waiting 4ur reply at the earliest i am sure u will spare some of ur precious time,

sumeet u must always put stop loss in ur trade asper ur risk apetite never allow ur trade to go beyond ur control.now ithas become long term game min3months rest is ur luckif it is earlier.

ITNL GMP 37/-

LEGAL ACTION AGAINST IL&FS Transportation Networks Ltd

IL&FS Transportation Networks Ltd (ITNL)’s public issue will open on Thursday. However, the company that claims to have a pan-India presence in build, operate and transfer (BOT) road projects is facing issues with its major road-development programme in Chhattisgarh. There is a public interest litigation (PIL) filed against the company that is pending with the Lok Ayukta.

“In the case of the Chhattisgarh project, there was an issue with the local member of the legislative assembly (MLA) Rajesh Bissa who filed a PIL in the High Court. The court asked him to go to the Lok Ayukta and the case is pending,” K Ramchand, managing director, ITNL, told Moneylife.

According to the right to information (RTI) awards website, Mr Bissa, who was also nominated for the award for using the RTI Act, 2005, revealed large-scale irregularities and corruption in selection of a private partner for the Rs2,500-crore road project along with the awarding of other large contracts by the Chhattisgarh government.

Mr Bissa’s investigation found that under the Chhattisgarh Accelerated Road Development Programme (CARDP), the government selected Infrastructure Leasing and Financial Services (IL&FS), a Mumbai-based company, for upgrading 1,500km of roads, but signed an agreement for 2,500km in an apparently crude attempt to allow an unfair advantage of Rs5,700 crore to the private partner.

The investigations also found that the state government had also broken many rules to favour IL&FS over its three competitors. The revelation forced the government to undo its mistake by describing the wording ‘2,500km’ in the agreement as a ‘typing error’. It also led to an enquiry by the Chhattisgarh Lok Ayukta, stalling the entire work on the project.

ITNL has a 74% beneficial interest in the accelerated road development programme in Chhattisgarh. ITNL’s promoter company IL&FS has transferred its interest in the project to ITNL through issuance of covered warrants.

The CARDP is a BOT annuity-based project for a period of 17.5 years. This project includes the development of two lanes with an aggregate length of about 1,368km connecting selected roads in the state. The road project in Chhattisgarh will be undertaken in three phases.

The Jharkhand and Chhattisgarh accelerated road-development programmes are by far the largest under development and under construction road projects in the company’s kitty at present. IL&FS had signed a memorandum of understanding (MoU) with the Public Works Department (PWD) of Chhattisgarh in January 2007. The estimated cost of the project is around Rs1,400 crore.

NMDC GAIN 20% ---PRICE 300 LISTING RATE 360

Pradip Overseas GAIN 30% ---PRICE 110 LISTING RATE 145

IL&FS Transportation GAIN 40% ---PRICE 285 LISTING RATE 400

Persistent Systems GAIN 50% ----PRICE 310 LISTING RATE 465

ALL IPO IS BEST APPLY NOW

Total subscription 1.86 times

ITNL - Bid details
QIB - 3.53 times
Non Institutional Investors - 0.0239 times
Retail - 0.1356 times

Hi RAHUL AAP AGAR CHOTE INVESTER HO TO AAP IL&FS AUR PERSISTENT mein paisa lagao muje ye dono ache lagrahe hai aur Pradeep mein satta hosakta hai aur satta short aur buy dono side ho sakta hai saif side aap k leya IL&FS & PERSISTENT ache hai DISCLOS :--- mein to SAB MEIN paisa lagane wala hu IL&FS mein 5+5 LOT PRADEEP MEIN 300 share aur PERSISTENT MEIN 80+ 100 K leya applay karne wala hu ya aap apne financial adviser se salah le le

hi dear senior borders
though ILFS and persistent systems both are good companies, but when i see the name ENAM as BRLM, i step back because i think this ENAM always play some role in steeply pricing the issues

see all past issues in which ENAM was BRLM they all failed

lay some ligt

regards
alok aggarwal

please aap mujhe yeh batyen ki il&fs apply karna chaiya ya fir pradeep overseas . which ipo is better because iam a small invester lokking for listing gain.

IL&FS fully subscribed on day 2.