Total Issue Size 2,32,01,121 Total Bids Received 5,74,63,290 Total Bids Received at Cut-off Price 1,49,94,315 No. of times issue is subscribed 2.48 Graph Logic
Dear Ms Pinky Earlier also I had requested You not to post negative or orrelvant comments on the message board. As on 3.45 pm 20th March 2015 the QIB portion and the HNI portion is subscribed almost 35 times each and the retail portion around 1.85 times. the total money garnered is around 18000 crores. These investors are fools or what. so stop wasting your time and energy.
Also pinky jain, if you add up Q1B of 6,637,826 shares and 16 anchor investors totalling 94,25,467 shares it comes to 6,637,826 + 94,25,467 = 16,063,293 which is more than retail portion of 11,244,306 shares.
Pinky jain, now all issues are being priced high, but whereever they is little scope of making money, better to apply and gain.
Instead of waiting for good issue which is rare to happen these days. What is of just sitting on capital waiting for good issue ?
Total Issue Size 2,32,01,121 Total Bids Received 4,14,88,560 Total Bids Received at Cut-off Price 1,35,88,245 No. of times issue is subscribed 1.79 Graph Logic
It will be a great listing. Heavy buying by HNI''s.
Suzlon is also doing well. There is no reason why this company cannot deliver superior return.
“Inox wind has done phenomenally well in last three or four years so it is a very good company. It comes from a good family, promoting company which has delivered 20 percent plus compound annual growth rate (CAGR) to the investors over last two decades.
Government is to increase the target of renewable power to 1, 75,000MW and a target to manufacture wind power electricity to 60,000 MW. This will create the huge opportunity for the Inox.
At 11 AM: Total Issue Size 2,32,01,121 Total Bids Received 1,97,22,015 Total Bids Received at Cut-off Price 1,24,31,115 No. of times issue is subscribed 0.85 Graph Logic
What to do if I am long term investor and what to do if I am investing with listing gain prospects plz clarify as all says its a long term bet...so with listing gain limited and risk high.
Dear Mudit No one can provide you a clear picture. It is a risk game. You have to weigh your risk taking capability and take a call. Market conditions at the time of listing will also hugely matter. APPLY.
The company has good business and BJP is giving thrust to renewable energy sources too. Even though it''s expensive I don''t think it will list at discount.
Looks like below is one of the reasons that the shares available in Q1B is less compared to retail quota.
Inox Wind gets Rs 306 cr from anchor investors INOX Wind has finalised the allocation of 94,25,467 equity shares at Rs 325 per equity share (upper end of the price band) aggregating to Rs 306 crore to 16 anchor investors.
Read more at: http://www.moneycontrol.com/news/ipo-issues-open/inox-wind-to-moprs-306-cranchor-investors_1332174.html?utm_source=ref_article
Inox discount 25-35 ... Retailers will loose ....well many says it''s working at 50+ Pe so at what Pe kotak bank is going or nhpc .... So don''t put idea on Pe.... Yeh Indian market he.... And inox is clear avoid from nii and Qib.... Don''t know why promoters loosing their brand name through this ipo Gujarat floro has given good returns during decades. Highly price leave ... Sit on cash ....hope you miss listing loss
Please check carefully with the sector it is in . the winod power solution is risky one business. remeber suzlon was in heavy profits when it came with IPO and see. this will play in minds of people at time of listing
also do remember this is huge 700 crore issue and even a small selling will cait go much below iissue price easily.
infact i have subscribed to adlabs instead of inox. adlabs being in entretianment scetor can easily be fond of foreign investors and they would have huge interest.
even supreme intex india SME was excellent. i missed the chance but would buy on listing day. it came with 5 p/e only and huge exports and profits.
supreme intex india would give 100% returns whereas the inox wind would go below issue price. mark my words. you cant price a stock at 30 p/e in these market condition.
please ignore and skip inox ipo it is just to to collect money from people and is a very long term issue with no or below issue price on day 1
The current existing installed capacity of wind power in India stood at 21,136 MW and in latest union budget the government ambitious target of 60,000 MW installed capacity by the year 2022, which translates into about 3 times of current capacity, we believe such ambitious target will drive strong order inflow for company in future.
Company has perpetual and exclusive license from AMSC, a leading wind energy technology company based in Austria, to manufacture 2 MW WTGs in India based on AMSC’s proprietary technology. This has brought global competitive in IWL in order to face competition.
The O&M business provides interesting opportunities, given that the supplier retains O&M on nearly 100 percent of the projects, and gross margins are remunerative at 50 percent. Going forward, the contribution will increase meaningfully, as the installed base increases.
In the WTG business, gross margins are likely to sustain at 26 percent and EBITDA margins at 16-17 percent. Outlook & Valuation: Considering above factors and government thrusts on renewable, IWL is well positioned to grow at a very healthy rate over the next few years. However, the management has shown execution capabilities to deliver 16 percent EBITDA margins and 30 percent RoE in 9m FY15. At the offer price, IWL is valued at 17x earnings on an EV/EBITDA basis. .