Do you know the QIB/Retail ratio is highest in this IBP issue among all the issues during the last three years. Sentiments influence QIBs also, however, if they all bullish even during the negative sentiments, it holds something. IBP may not give very good returns on listing but it will not let you down very much. The chances of loss to profit is 1:5. You cannot predit future, but you can weigh future. It seems favourable.
in last one year about 95% IPOs are failed vary badly ,why retail investors are playing blined gambling,because nowadays 3 rd class IPOs bhi oversubcribed .
With the green shoe option price may not go below issue price.There is a safety net sort of. Please read about Green shoe option
GREEN SHOE OPTION The Company proposes to avail of an option for allocating Equity Shares in excess of the Equity Shares included in the Issue in consultation with the BRLM, in order to operate a post listing price stabilising mechanism, in accordance with the SEBI Regulations, that is, the Green Shoe Option. The shareholders of the Company at the extraordinary general meeting held on July 4, 2009 have authorized the Green Shoe Option. Morgan Stanley India Company Private Limited has agreed to act as the Stabilising Agent for the purposes of effectuating the Green Shoe Option, as envisaged under Regulation 45 of the SEBI Regulations. IBREL, the Company’s Promoter, has agreed to lend the Loaned Shares to the Stabilising Agent for the purposes of effectuating the Green Shoe Option. The Stabilising Agent shall be responsible for, inter alia, price stabilisation post listing, if required, but there is no obligation to conduct stabilising measures. If commenced, stabilising will be conducted in accordance with applicable laws and regulations and may be discontinued at any time. In any event, the stabilizing activities shall not continue for a period exceeding 30 days from the date of the receipt of permission for trading of the Equity Shares from the Stock Exchanges. For the purposes of the Green Shoe Option, the Stabilising Agent shall borrow the Loaned Shares from the Green Shoe Lender. The Loaned Shares and/or Equity Shares purchased from the market for stabilising purposes will be in dematerialised form only. The Equity Shares available for allocation under the Green Shoe Option will be available for allocation to QIBs, Non-Institutional Bidders and Retail Individual Bidders in the ratio of 60:10:30 assuming full demand in each category. The Company has entered into the Stabilising Agreement with the Green Shoe Lender and the Stabilising Agent for the exercise of the Green Shoe Option on the terms and conditions detailed therein. The terms of the Stabilising Agreement provide that: 1. Stabilisation Period Stabilisation Period shall mean the period commencing from the date of obtaining trading permission from the Stock Exchanges for the Equity Shares under the Issue, and ending 30 days thereafter, unless terminated earlier by the Stabilising Agent. 2. The primary objective of the Green Shoe Option is stabilisation of the market price of Equity Shares after listing. Towards this end, after listing of Equity Shares, in case the market price of the Equity Shares falls below the Issue Price, then the Stabilising Agent, at its discretion, may purchase Equity Shares from the market with the objective of stabilisation of the market price of the Equity Shares. 3. Decision regarding Exercise of Green Shoe Option
Indiabulls power would list below issue price , and its fair value is way below 40, even if issue gets done at lower end , people will stand to loose money
Retailers are going to get 100% of application. Also INST INVEST will be under pressure for loan repayment ,there break even is coming at 49 if 45 is allotment rate.As a result this share is going to be under pressure from sellers (retail/institute). Hence this is not going to stay above 43 on listing date. What u all say boarder.
Guys, Please remember one thing. When Indiabulls came out with a public issue at Rs. 27/-, the response was not that much encouraging. But the Scrip went all the way upto Rs. 2000/- if one takes the value of demerged entities into account and gave wonderful returns to the investors. So people patience always pays dividends. The longer one waits, the morer will be the dividends/returns.
Listing kay bad ipos ki durgati dekkar ,SEBI and sarkar ko kathoor kadam uthana cahiya.tatha price ka nirdaran kud karna cahiya ,nahi to sarkar ki savi domal hogi,tatha ugalay elaction may iskay gambhir pridam ho saktay hi.
Hi Friends, Why u ppl think that IPO is fastest way to make money?. Nobody comes to you & clinch your money......all people blames any company should blame their dirty mind first......Free economy any company can ask any premium...why u go & give yr hard money.......instead of IPO at such high premium better to invest in existing company.......Don't expect SEBI or Govt to take any action as NHPC also 4 rs Down.......so better invest for long term in existing companies.....dont try your luck fot Lottary type IPO or on basis of speculation........Just think howmuch u make a month after howmany hours of hardwork........do u ppl expect 10,000 profit on investment of 1 lakh in 3 weeek.......is that good for our economy too?
Though QIB is subscribed heavily,retail is just 1 time and sure of getting almost full allotment. Where do you see the listing ? Should we hold or come out on the listing day itself?