Indian Energy Exchange Ltd IPO Message Board (Page 22)

Now we know the reason for low subscription. Foreign Portfolio Investors(FPIs) can buy shares only from the secondary market in case of power exchange. They can''t participate in primary market when it comes to listing of a power exchange like IEX! Interesting days ahead for the people who subscribed to this IPO. Let us hope for the best!

So I expect, The below FPIs who withdrew from anchor investor share allocation process due to regulation issue to buy the shares from secondary market post listing.

Nomura, East Spring Investments, Small cap world Fund, The Master strust Bank of Japan etc etc...

In the case of power exchanges, Foreign Portfolio Investors(FPIs) can''t participate in the primary market. They can buy the shares only from secondary Market. That means that they can buy the shares only after the listing of the shares!

So no Foreign Portfolio Investors(FPIs) were involved in anchor investor share allocation process. Only domestic players participated.

Some of the custodians of foreign investors objected to the interpretation of regulatory norms regarding their investment. Hence Foreign Portfolio Investors(FPIs) withdrew their participation from Anchor Investor Share allocation process. Hence 170 crore worth shares where moved from anchor investors to QIB section. So total QIB quota was increased to 370 crores from 200 crores earlier

how to stop applications

Qualified Institutional Buyers(QIBs) -------- 2.56x (Closed)
Non Institutional Investors -------------------- 0.85x (Closed)
Retail Individual Investors(RIIs) ------------- 2.20x
Total ------------------------------------------------ 2.12x

Offline application of RII can be uploaded through broker till 11.00 pm

Final RII & Total subscription will be updated on 11.00pm

IEX:
I am not convinced for ''apply'' in this IPO. IPO is fully priced. Free cash, high dividend yield, low cost business model, high profit margin etc. but issue price is very high - Rs. 1650. High dividend yield is for existing investors not for new investors who is getting shares in IPO. Nothing will left for small investors post ipo.

Business model looks similar to MCX and BSE. Only difference is that IEX is in power. High profit margin, low operations cost, growth etc. matches with BSE and MCX. MCX didn''t deliver much to investors in last 6 years post ipo. BSE is somewhat OK but not good. If we see same thing happen to IEX then return is low. At the same time risk is more because of high price Rs. 1650. IEX is fully priced compare to MCX and BSE. Nothing will left for investors on table after ipo. Only one thing is left is "Wait and Watch". In MCX "Wait and Watch" didn''t work for six years.

Investors will not loose much if they skip this IPO. I am not applying this IPO.

IN VIEW OF ANCHOR ALLOTMENT CONFUSION
REVISED NOTICE
I HAVE CHANGED MY MIND AND WIDRAW ALL MY BIDS

I havent applied. Since all news coming of bad subscription. Agreed with Urchit, Gamble is a great stock player too, but donno what is his strategy in this ipo.

Okay Bhai logon, milte h Kal Godrej Agrovet ke page pr allotment ke discussion ke sath..

*Indian Energy Exchange Limited*

FINAL DAY SUBS.FIGURE AT 04:27 pm
QIB 2.56X*
NII 0.85X
RII 2.26X
TOTAL 2.14X
*Excluding Anchor

Total No.of FORMS : 418944
*Apps Wise : 1.78X*

Subscription figure of IEX is just like Tejas network ipo. I strongly believe that IEX will also act like Tejas after listing (15-20% up within 01 month)

I invest in it for long term and definitely it will boom-up like APEX.

in IEE i am following Mr Gamble then i have to stick with them!well its market all have their diffrent view but i am not going to withdraw my applications!!

Dear ankitxyz i am not going to blame anybody and as i already said clearly here everybody has own rights and decision!!
बाकी अब मार्किट मे रहना है तो नफा नुकसान तो होता ही रहता है उस पर क्या अभी से हाय तोबा मचाना!!
डिस्काउंट मे भी लिस्ट हुआ तो पड़ा रहेगा और बाकी जो लिस्टिंग पर निकलना जनता है वो किसी
जाल मे नही फस पाया आजतक इस पार या उस पार!!

@Dev


I m not saying that your r going to blame anybody bt participation from QiBs coupled with high valuation provides an indication that listing may not be good. Yes If you r intending to hold it for long term then not to worry.

खेल खत्म
Good luck for all

In Current gray market price of IEEE 100-150

From which city

QIB:-2.56x
Hni:-0.85x
Retail:- 2.26x
Final subscription

IEE ipo like Salasar Techno .. Salasar has also not much gray premimum but now see....

Hi All ,
This IEE IPO is very good company and had good fundamental and growth...Reason to low Subscription in HNI/NII is due to only non availability of funding since there are 4 good IPOs back to back.. which people already invested entire money ..
I applied 2 lots .. please apply apply apply....

Its low not because of lack of funds from Retail investors. But due to very high Price compared to the PE ratio. 1650 leaves very little room for positive listing. In fact its said it will list lower than 1650.

Admi,
I don''t think so your analysis is correct...
it will list 350+ .. Wait and see

My suggestions- avoid

Prediction
QIB 2 times
HNI less than 5 times
Retail 2 times
Overall max 3times

Wow..again.. i predicted well

not seen subscription....see company strength.... because of back to back ipo subscription % is less

Indian Energy Exchange is multibaggur for long term and also good return for mid term so dont worry about this ipo. Must add in your portfollio