Taking into account the discounted valuation to Adani Power and Reliance Power, SUBSCRIBE to the issue for listing gains. Short-term traders might expect a target of 51 keeping in mind stop-loss below IPO price-band of Rs. 45-40. Medium-term target of Rs.71 cannot be ruled-out.
Long-term investors could SUBSCRIBE to the issue and ride the volatility in share prices in the interim. If there are no hiccups in execution or offtake, then investors could expect a price target of 72, 115, 132 from 2012 onwards. Long-term targets are based on market-cap to MW valuation (keeping in view capacity addition in the year 2012, 2013 & 2014).
Position at 12 noon Total Issue Size 278636000 Total Bids Received 2289805500 Total Bids Received at Cut-off Price 39459000 No. of times issue is subscribed 8.22
No need to invest in IPO to get good short term return. Buy JK Paper if you want good return up to 50% in only one to two months. CMP-40 Target-65 its dividend yield is also higher than what bank offers. its Second quarter results are going to be excellent.
Position at 11AM Total Issue Size 278636000 Total Bids Received 2204784600 Total Bids Received at Cut-off Price 38784150 No. of times issue is subscribed 7.91
Retail is lukewarm.But others biggies are REALLY hot. What to do yaar??
It is the retail who get stuck or miss out on listing gains.
Whether to apply full in one app or maximum amount in all family members names(4)[Husband,wife,2 adult children].Application money is not a problem but what after allotment is?? Kya karoon?? Please enlighten, Experts
avoid expensive in comparison to the existing players. promoters should understand rather merchant bankers should understand from the long terms it is not good for primary capital market
Mukesh, If U have any sense to say wrong to me.First u read sonpal statement and recall ur brain. I will provide some of his statement:" sonpal Oct 13, 2009 12:06:38 PM IST INDIA BULLS POWER 212_213 PE LISHING HOGA " First u read above statement and analyse then u say who is wrong. I am waiting for ur reply
After reading all the analysis, I am of the opinion that the QIB would subscribe it around 50 times and the retail around 4 times. The share is not too expensive. At current market levels, on listing, it may quote around -2, -3 Rs. but also has a chance to give around Rs.5. If you are ready to exit at no loss no profit basis as a stop loss,it is worth taking a risk. In this case it will be more a momentum play than the valuation. However, if gives you profit it would be better to retrive your money gradually than to hold it for the long term as by the time the production starts many ups and downs would be there. I would like to have your opinion on my opinion!
hi everyone ibull ipo is very good ipo but market sentiment is not good.anytime market go down.and we know today all ipo share buy with discount.only one ipo give good return one of the oil india.and my opinion avoid this ipo.and u can buy this share with discount coming few days.if u r intersted this ipo only minimum application apply.