can anyone tell wat r the future prospects of INSECTICIDES india ltd. i had purchased 200 shares @113. and now it has come down @ 89. plzzz tell me should i exit from it or it will rise after sometimes.i m so confused now
90 % allotment possible due to overall issue subscribed only 1.97 times. and retail portion was over subscribed 4 times, while that of largest portion going to qib is undersubscribed to only 0.3 times. so at the day of closing of ipop its sure that allotment is atleast 60%. but tragedy happening here is same that has happened in cairn india ltd. ipo in that ipo issue was oversubscribed 1.94 times on the day of closing the ipo . but as most of the people come to know that issue is undersubscibed by qib most of the intelligent people like me withdraw their own application by bouncing their own checks. same thing likely happened here.
hi most of the viewer has write in favour of this ipo; and they are partly correct.
few reasons. likely big allotment. very cheap valuations stock is availoable at pe of 6 time fy 07 earnings. and rest of peers trading at a pe multiple of 19-20
some its insecticidal brands are popular and company revenues boosted from this,.
i cant understand why investment advisor are comparing this stock with lowest pe stock in this industry.like nagarjuna fertilizers/or hocl.
looks win win deal for those who have invested in ipo
likely gain right on the day of ipo.
on 100000 investment one should get 50000 allotment. and that 50000 will become 75-79000 right on the listing day.
mic electronics and nitin fire protection who are more favoured stockss likely to have very poor ipo allotment or say allooment on lottery basis even on 1 lakh application. so whats the gain one should understand now.
insecticides is big bad ipo.right price is 30 rs for this stock.only retailers have applied and remeber where retailers apply and other like f2 and non retail gets undersubscribed it will surely be half rate.see rachel and dinesh m are same persons as there ip is also same.Dinesh m dont make fool of urself
Dont follow the advise like what Parveen Agarwal has mentioned. share market always tests ur patient and those who lack it should not go for share market. Although it has been a late to tell u. It is going to be an amazing IPO. just mark my words. valutation, Balance sheet, Growth and induistry...... it is giong to make a hot news on listing day. ..................... Remember P. Agarwal
Insecticides (India) is going to be the biggest flop. Best is to totally avoid the issue. If some of you feel that you have excess money, it is better to give it as charity, than to subscribe to this issue.
Share market mein sala koi kamaya hai aaj tak. Fortis Liya to sala under rate khul gaya. Sardar subah subah CNBC mein aa kar kya bola ki 100 rupya aa gaya rate.
Attractive stock. Accumulate for supernormal profits. Compare it with its Induustry Peers Like Rallis India, Syngenta, Bayer Cropsicence. Industry Avergage PE multiples of 29 and above. The Stock Priced at 5.7 times. RONW at more than 50%. Go for It