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Innoventive Industries Ltd IPO Message Board (Page 6)

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162. gundu anna |   Link |  Bookmark | May 8, 2011 5:10:24 PM (500+ Posts, 100+ Likes)
My view is that innoventive may list with premium. If it opens at discount(due to hevy shorting) wait for some time.. it may stabilize around issue price after some time.... Whether profit or loss, i will exit on listing day itself..

Discl: I have 300 shares alloted in IPO.
161. seenuipo |   Link |  Bookmark | May 8, 2011 4:38:04 PM (200+ Posts)
Dear KK Natarajanji sir,
on Apr-19 at 1:37pm in your last review you pointed out that 'Among the current lot only Muthoot and Innoventive look to be good'
But what happend for Muthoot is almost failure case
After this are you on same stand.If so what is the listing and first five minutes range for Innoventive(fixed price at 117)I applied for two only and got the same and refund of Rs 300/-
160. CHD |   Link |  Bookmark | May 8, 2011 1:03:11 PM (1100+ Posts, 500+ Likes)
I FULLY AGREE WITH THE VIEW OF ARPIT SHAH REG INNOVENTIVE INDUSTRIES .
EVEN ITS GROWTH IN SALES / PAT OVER THE YEARS HAS BEEN QUITE STEADY WITH A DECENT UPWARD TREND WHICH IS A GOOD INDICATION OF A COMPANY'S MANAGEMENT.
159. Arpit Shah |   Link |  Bookmark | May 8, 2011 9:57:48 AM
Guys....A decent company...Not much hyped like Muthoot...Reasonably priced...Surely we can't expect fireworks on the listing day...but an upside in the range on 10 to 15% would be justified....Lets keep our fingers crossed...!!
158. Chintan Bhinde |   Link |  Bookmark | May 7, 2011 6:18:21 PM
What is the Correct as of Date Grey Market Premium for IIL?
157. senseshankar |   Link |  Bookmark | May 7, 2011 4:05:29 PM
Hi all..
After many a misses of allocation for the IPOs applied got this one..applied for 1 lot and got it.

Wish all the boarders good luck on this IPO.
156. ARCHIT SHAH |   Link |  Bookmark | May 7, 2011 3:31:28 PM
Dear All,

Dont sell this share in hurry if it shows small upward movement after listing.

If it list in discount then and then no hope.

otherwise good company with market reputation.
good growth.

old background.

sell after good profit.
155. rajendra patel |   Link |  Bookmark | May 7, 2011 3:15:47 PM
Dear all,
innovetive gmp 8 to10 & enjoy listing gain.
154. gundu anna |   Link |  Bookmark | May 7, 2011 1:54:22 PM (500+ Posts, 100+ Likes)
innoventive IPO will likely to give give listing gain.
153. Chintan Bhinde |   Link |  Bookmark | May 7, 2011 9:03:06 AM
Hello Friends.
We didn't expect Firm Allotment on this Issue.However we got the same.
Seeing the fate of Muthoot,we are under tremendous risks those of you have been allotted shares.I myself have been allotted 300 Shares.
This Share should list at some premium at least.
Best of Luck to all of Allotees including me.
152. Mahesh Jain |   Link |  Bookmark | May 6, 2011 9:06:09 PM
Chem cho when did you withdraw your application.Already asba debited.When did you notice premium went down.There was no buyer when issue was closing.You encouraged people to apply & now allotment is completed.Nobody can withdraw
151. gundu anna |   Link |  Bookmark | May 6, 2011 9:00:15 PM (500+ Posts, 100+ Likes)
this will give some listing gains.
150. Abhi bull |   Link |  Bookmark | May 6, 2011 7:40:50 PM
Yea , but will it list at any premium n give fast return?Wat to do sell on listing price....GMP of 10-15 gone down or holding still?
149. CHD |   Link |  Bookmark | May 6, 2011 7:32:56 PM (1100+ Posts, 500+ Likes)
ALLOTMENT - FULL & FIRM - TO ALL APPLICANTS MADE JUST IN 7DAYS !

FUNDS UNDER ASBA DEBITED ALREADY.

LISTING ON 12/05/2011 - VERY LIKELY.

GOOD LUCK .
148. Abhi bull |   Link |  Bookmark | May 6, 2011 7:20:57 PM
Hello,darlings Innoventive allotment already coming in.My A/c debited ! alredy..so fast. So forget abt withdrawing money hehe enjoy..ur luck.By the way i sold 48 Shares of Muthoot@188:).
147. Chem cho |   Link |  Bookmark | May 6, 2011 5:00:08 PM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
sk dash

high of rs 10 to rs 15 premium was when the issue closedon 29/4/11 till 4 May but it has come down since it was rs 10 to rs 15 i applied but when it came down to rs 4 -5 i withdraw my application
the fact which i knew i am telling
146. Chem cho |   Link |  Bookmark | May 6, 2011 4:55:41 PM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
146
GUNDU ANNA

WRITE AN APPLICATION TO GENERAL MAMAGER Karvy Computershare Private Limited
STATING I want to withdraw from the application
mention your ASBA application number Pan number and demat account number
you have to sign the letter (IE in the name of applicant )

fax it to Fax: +91-40-23311968
or scan the written copy and email to innoventive.ipo@karvy.com
scan can be done at any zerox or zerox person will fax the same
145. gundu anna |   Link |  Bookmark | May 6, 2011 1:35:15 PM (500+ Posts, 100+ Likes)
Dear Chem Cho,

Please tell me how you have withdrawn your application from innoventive IPO.
144. SkDash |   Link |  Bookmark | May 6, 2011 8:54:03 AM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
144-Chem Cho
I have seen in diff site that GMP of Innovative was 4-5 from the beginning. but you are teliing it is going down from 10-12 ? When it was at such high prem ?
143. Chem cho |   Link |  Bookmark | May 5, 2011 8:30:26 PM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
INNOVETIVE IPO
WITH THE GREY MARKET PREMIUM GOING DOWN TO RS 4 TO RS 5 FROM RS 12 TO RS 15 I HAVE WRITTEN TO KARY TO STOP THE ALLOTMENT OF ALL 5 ASBA APPLICATION ON 5/5/2011