Indosolar Ltd IPO Message Board (Page 25)

1.48 times

Read my post no 209.

HUGE ALLOTMENTS----HUGE LOSSES.

SP Tulsian of sptulsian.com says on moneycontrol.com

Q: The one which is closing today, Indosolar, would you buy it or let it pass?

A: I will let it pass. In FY10, the industry had the stable year of performance because we did not see much volatility in the poly silicon prices, which was experienced in FY08 and FY09. In spite of that, we have seen pathetic performance coming in from the company. Indosolar in FY10 had posted a turnover of Rs 130 crore with net loss of close to about Rs 66 crore. So, I don’t think that with stable raw material prices and in spite of having a realisation of Rs 6 crore per mega watt for solar photovoltaic type cells, I don’t think that company has any future.

Apart from that, the company is going in for a prematured expansion. They already have Rs 160 mega watt of their capacity, which they are presently operating at a capacity utilisation of less than 50%. In spite of that, they are contemplating an expansion of Rs 340 crore, adding 100 mega watts more, which in my view mainly to avail the subsidy entitlement of Rs 300 crore from the Government of India because once they hit the Rs 1,000 crore expansion, they will be entitled for this subsidy. So, the whole structuring of the issue and the performance of the company has not been satisfying at all. They have a very brief history of close to 12 – 13 months only of the performance and in spite of that such a big expansion and all sort of things, I am not convinced and I won’t advice to go for the issue.

Q: Even at the lower end at Rs 29, it makes no sense to you?

A: No not even at the lower end because even if somebody wants to take a call Moser Baer is the best play in this segment. But not even at the lower end of the price band.

grey market premium in discount

Attention All
Application to the tune of 3.15 crore shares has been withdrawn by QIB / HNI between 4 to 5 PM . So be cautious

so confused...............

1.37 times

MUST BE SUBSCRIBE IN THIS IPO ,

B'COZ INVESTER GOT HUGE ALLOTMENT & ALSO HUGE LISTING GAINS,

LIST AROUND 37-39......

INDOSOLAR IS A VERY GOOD IPO..........

Dear 207. N.Narasimhan

We all made profits in recent IPO's of EIL, SKS, Bajaj Corp. and Gujarat Pipavav. But just compare the institutional and retail appetite (subscription) for these issues - it was great. And all of these were said to be somewat expensive but coming from big and reputed companies in their respective fields.

Now, compare the subscription figures of above companies with this small company with just 1 year of operations. Just around 1 time or may be 2 times by the end of the last day. Its nothing and looks just managed by the promoters. And mind you, listing gain, if any, will also be operator driven. But too risky for me to apply for such issues. Good luck !

Regards

subscribe indosolar with huge gains full allotment
on listing day we will see

ipo subscribed fully

I avoided this ipo. But the ipo sailed through. I see the subscription rate as 1.15 till now.

Gane.

Those who will get allotment in indosolar please sell it immediately on listing to minimize the loss or other wise face the music.Click on sell immediately after listing or sell it in grey market at par or with small discount if you find any buyer.

DEAR N.NARSIMAHAN,TO HELL WITH WAITING TILL LISTING.. KAL KIS NE DEKHA HAI.YAHAN TO NAHI MILA TO CHALEGA JANA NAHI CHAHIYE.IPO BHARKE RAAT KO CHAIN SE SONA. AISE IPO BHARNA. TENTION NAHI LENE KA SAMJE MY DEAR BROTHER

In indosolar many application will be withdrawn after the closing of the ipo specially from HNIS .Those who have applied can withdraw their application and go for stop payment.Those who have online like hdfc and icici customers can email to registrar before the allotment process completes that do not allot them any share.If luck favors you than you will not be alloted any share.Disclosure:I have enough funds and i will apply in upcoming ipos for listing gains and for long term.

More than 15 thousand loss on full application.This may be mo become more severe in coming days.This is another ganesh jewellers and indiabulls power type of stock.Those who have not follow the recommendation of setuji and gem will have to bear the loss.

Dear 204 SS:

Why fret and fume? By 2.00 today, the subscription had already doubled to 0.96% with still more time available for investment till the close of today's closing time. It will surely exceed the issue size today.

Let's wait and watch over the next few days, and when it lists, to decided who is right....you or me.

I never claimed that I am an expert on IPO and Stock Market. I wish to however submit to you that I have earned profit........good profit at times..........on most of my investments.

Regards and best wishes,

Kujali......... Sah nahin payaaa....

Applied for 4 lots at last moment....

Eeeeaaa

according to grey market this indosolar ipo has failed.till now no activity in grey market.promoter and lead manager already knew that ..QIB...WILL NOT GOING TO SUBSCRIBE THAT IS WHY THEY HAVE NOT OPTED FOR SEPRATE EXTRA DAY FOR QIB.I THINK RISKY IPO..BECAUSE ON LISTING DAY EVERY RETAIL INVESTOR WILL BE SELLING THEIR ALLOTED..SAY 1500 SHARES PER MAX APPLICATION..........RISKY NOW......