Indian Energy Exchange Ltd IPO Message Board (Page 19)

seems to be open on little bit lower side..... but my buy on dip... best stock for pure investment.....

Finally listened to the mind and skipped this. But hopefully not a costly miss. Will surely get from 2ary market post listing. Definite company to hold in the portfolio. Folks who applied and get allotment feel happy, you will see acchey din surely with this company. Cheers :-)

It will give fair listing gain as the company is having huge potential and GMP is quit higher. I expect more than GMP in IEX

https://capitalmind.in/2017/10/birla-multiples-pe-sell-iex-shares-just-days-ipo-lower-prices/

NO ALLOTMENTS WISH THIS THE SAME,ANYONE TAKING ANY STEPS IPO SCAM.

*Indian Energy Exchange Limited*

*FINAL SUBS.FIGURE*
QIB 2.56X*
NII 0.85X
RII 2.61X
TOTAL 2.28X
*Excluding Anchor

Total No.of FORMS : 495195
*Apps Wise : 2.10X*

Overseas investors gave the initial public offer of Indian Energy Exchange a miss after custodians advised them against participating in the issue. Lack of clarity on whether foreigners are allowed to invest in the IPO of a power bourse was cited as the main reason, said four people familiar with the matter.

Read more at:
http://economictimes.indiatimes.com/articleshow/61046726.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Main reason for the withdraw is different. As per the the SEBI rules FPI''s cannot buy any stake from the primary in energy exchange and they can only buy the stake once after the listing of the shares .Accordingly, allocation of shares worth 170 crores originally meant for FPI''s were allotted to QIB''s However. in case FPI''s tries to purchase the shares on the day of listing it shall have a detrimental effect on the pricing of the share

17114210 this is my application no godrej ipo tell me is there allocated

Don’t know why everybody is harping on the high valuation of IEX IPO. 44 PE FY17 earnings is not cheap but it is also not unreasonable and have been seen in the recent past as well. Even if the company maintains its curent growth rate of 15% approx on bottomline, the FY20EPS is 56.3, in which case the valuation of the IPO is just 29x of FY20 EPS, not an unreasonable ask from a high growth company. And this is just the base case; if we see government policy support for the energy sector and infrastructure improvement, the company''s topline and bottom line can easily see 2x rise in 3 years, in which case IPO valuation is at PE of 22x. This is the most likely case. The best case is if CERC allows trading of renewable energy on this platform, in which case the company will be in a different orbit alltogether. Kindly note that the company has shown consistent 15% growth in very tough environment, even when short term power % has stayed static at 10% in the last 6 years of overall power demand. None of the other companies issuing shares recently, be it godrej agrovet or prataap snacks, have a potential of such growth and still they are commanding PE of 40x approx. We all know how the IPO market is getting manipulated by the HNI segment nowadays. Nobody complained about prataap snacks valuation at PE of 222x which is now trading at 260x PE, thats because HNIs were supportive. Music Broadcast also issued IPO at 45x PE, now trading at 56 PE, because it has the potential for growth. So please stop saying that the issue is unreasonably priced, its a better issue than most in the current market conditions. Congratulations to those who have applied for full 2 lakhs, including me :)

Indian Energy Exchange Ltd IPO gave a good opportunity to invest in health balance sheet, on comparing the performance ( https://tinyurl.com/y7nd9wn4 ) from last we few years, we can set mind to keep the IPO for an average period of time in our portfolio to take advantage of growth.

Can I withdraw my application now?

Dear ipobazaar,
I''m not sure. But I withdraw option is not there in ICICI Direct now. It was there at around 1.45 PM yesterday, when I was thinking of withdraw.

Its late for withdrawal, in my opinion its not to regret having IEX in portfolio. Unless its bad day in market it will not be opening in discount

Tentative Time Table for IEX:

Bid/Offer Closing Date October 11, 2017
Finalisation of Basis of Allotment with the Designated Stock Exchange October 17, 2017
Initiation of refunds (if any, for Anchor Investors)/unblocking of funds from ASBA Account October 17, 2017
Credit of Equity Shares to demat accounts of Allottees October 18, 2017
Commencement of trading of the Equity Shares on the Stock Exchanges October 23, 2017

Dear Moderators/Admins,

Kindly request you to update "Tentative timetable" for IEX. Thank you

Reliance Nippon IPO opens on 25 Oct. Price band fixed at 247-252

IPO market is going berserk now .... with wild valuations ....!

@Gamble sir,
Most of the retailers seeking listing gain including me, did not applied/withdrawn application due to low response from QIB+HNI.
Reason is not that we will buy at discount after listing. But using that fund, we can apply in GIC. Or any other ipo.

Hmm.. Good. Money distribution(allocation) is the most important in stock mkt investments.

Any idea on the grey market premium now?

As QIB demand is there, i am sure you will get decent listing gain. Its a monopoly company. No need to worry. Don''t listen the people who are confusing you

As QIB demand is there, i am sure you will get decent listing gain. Its a monopoly company. No need to worry. Don''t listen the people who are confusing you

Anybudy receive email or msg regarding IPO confirmation?

I received a mail from nse regarding confirmation

OK thnx anyone receive msg from bse?

With PE of 44 and Price to book 16 what is left for the investors. Very expensive issue. Best of luck to those who applied and gets allotment.