Inventure Growth & Securities Ltd IPO Message Board (Page 9)

Sameer-Jaipur
I thought of applying in Readymade since it was a small issue of 35 cr, but i was out of fund and also i had the plan to visit orissa (home town)for car festival, thats why i have nt applied.

I hv applied in Bharatiya-finger crossed
Inventure- I will not apply
L&T Finance- Most probably, i will apply on the last day seeing the subscription figure

-what about u

SK Dash,
I didn't remember any of ur post saying that u r applying in RMS. Did u? BTW r u planning for applying in Inventure or saving ur funds for L&T?

Dear members I don’t find proper recommendation for apply of the following issue for apply for recommendation from either persons mostly appears or rarely appears. These IPOs are

1).Aanjaneya 2).Sangvi 3).Timbor 4).VMS 5).Birla 6).Rushil 7).RMS

But actually these IPO are stayed above 20 to 40 percent of issue price before they actually collapse from issue price.

Before these IPOs there are some IPOs

Like 1)Muthoot 2)PFS 3).Paramount 4).Future venture 5).Innoventive 6).Servalaxmi.
There are having thousands of messages during applications or after that also including Vaswani (achieved by us from SEBI is a big zero).
Why this is going on

When 100 % sure profit IPOs not at all discussing (Written on top) but loss making IPO are mcuh discussed and resulting into losses by most of individuals.

Can we conclude that if no body recommending then issue must be subscribed irrespective of praising anybody?

Thanking you. (I am talking about IPOs only not secondary market)

Comeon Mr Natrajan. U r not that much new. Please put Raina/Yuvraj in place of Vijay.

Shriram transport bonds

from ET
Shriram transport bonds may yield 5% on debut
18 Jul, 2011, 0218 hrs IST, ET Bureau
MUMBAI: Shriram Transport Finance Company’s non-convertible bonds, which were sold out on the first day of subscriptions, may yield a 3-5% return on listing on Monday as investors who lost out could bid up the prices. The bonds are being actively traded in the grey market after speculators offered Rs 8,000-10,000 to retail investors for every application of Rs 5 lakh bonds, to bid on their behalf.

But this is still lower than the Rs 15,000 that was offered to retail investors in the State Bank of India’s retail bond issue. “The bond could list at a premium of something between 3% and 5%,’’ said Anil Rego, CEO, Right Horizons. “Retail investors are increasingly taking advantage of trading in these bonds, since they have an exit option now. I would expect reasonable volumes from investors, but it may be not as much as we saw in the case of other PSU bonds like SBI.”

Shriram Transport Finance, the largest truck financier in the country, received bids for around Rs 1,800 crore on the first day for a Rs 500-crore issue, with a right to retain double the subscriptions, i.e., up to Rs 1,000 crore. The bonds offered 11.6% for five-year NCDs for investments less than Rs 5 lakh. Above that, the coupon was 11.35%. The tight monetary conditions after RBI’s 10 rate increases in 15 months has forced many companies to raise long-term funds from the retail market.

But these companies, that are rated lesser than state-run banks, have to offer high rates to lure investors. State-run banks, with almost sovereign guarantee though deposit insurance is just for Rs 1 lakh, pay 9.5% for 10-year deposits and close to 9% for one year. Shriram’s bonds are secured by a charge on the company’s assets.

Instruments of comparable companies in the secondary market are trading at 10.4% with ratings of AA and AA+. “Credit spreads for AA+ corporate bond of 3 and 5 year maturities are in the range of 130-140 basis points,’’ said Maneesh Kumar, MD, Burgeon Wealth Advisors. “With this NCD issued at a much higher spread than that, investors would probably want to stay locked in. So, despite a relatively higher level of interest, liquidity may also be limited due to a dearth of sellers.”

sameerjaipur,
Thanks a lot for your kind words. Yes I am lucky enough to be a friend of Sreedhar. But I have repeatedly said that I am a novice in stock market and however hard I may try, I cannot become one like Sreedhar. I know my limitations. If he is like Sachin Tendulkar, I am somebody like Murali Vijay - new, trying and failing miserably at times, but taking advice from the master as many do here.

Dear KK Natrajan,
Thanks for oblidging me with such detailed reply.

Waiting for u to hit the IPO market with full force as there r very few knowledgable person left here.

About Sreedhar what can I say? There is a saying in hindi "Chota muh aur badi baat".I always wonder how can a person be so accurate in this market? Though he never shared his success mantra but may be his regular analysis/study of market, experience and good contects are behind his almost accurate calls.

I also consider u very luckey as u r closest to him among all at this board.Who knows after some time this board will find another Sreedhar in the name of KK Natrajan.

Have a nice day
Sameer

sameerjaipur,
In very good IPOs I used to put 3 full applications. In these kind of IPOs, when I apply, I enter with a few lots in 1 application. I did that in Rushil, but felt I could have applied in others also. As I need money for some other purpose and my concentration is in some other matter, it will take 2 more months for me to come back to market with full concentration.
In F&O, I make it point to follow Sreedhar's suggestions and do a few things on my own as well. Sreedhar's suggestions are sure hits. My selections sometimes fail, but I make it sure I go with the trend most of the times, like, say, with the reaction after the results as in the case of Bajaj Auto, Infy and TCS. The difference is I don't know where to square off my positions in such cases. For example, had Indusind been my selection, I would have booked profit on the first day itself earning about 4k, but I made more than thrice that amount as I waited for some more days on Sreedhar's call.

BTW how is ur F&O trading going on Mr Natrajan? Saw many posts from u at stock market section. Must admit that I also made some profit in urs/Sreedhar's DCB call.

Dear KK Natrajan,
Very much agreed with u.Last 5-6 IPOs gave some unexpected returns without having fundamentals. Let me ask u whether u applied in all of them (including BGIL) and will u go for inventure also?
In my view for these type of IPOs one should apply at eleventh hour after considering subscription figures and grey market premium.

Almost all IPOs in the past few weeks have given time for the retail investors to exit with decent profits, though most of them have subsequently been beaten down. This has resulted in retail investors applying more and more in these small issues.
So put in some money and if it lists below issue price sell immediately and short it. If it lists above the issue price, book profits in about 60 to 75% of the shares and leave the rest to run putting stop- loss just below the issue price. If it runs like Rushil Decor or Birla Pacific, enjoy.
Why worry about IPO Grades and all in these small issues?
It is a risky game. So play without worrying about the fundamentals!

Bhartiya globle no primum su છ. Please tell me

THIS IS NOT FAKE BUT IT IS TRUE AND REAL THING

on board it shows that promoter is nagji rita and jayshree rita.

if u go there in mumbai and ask jayshri rita that what is meaning of promoter and what is name of your co. she will tell wait let me ask nagji rita for that answer

lootaru company. minimum application amount is Rs.8190. what a rubbish

what is financial performance of co.

Although its a beaten down sector, but valuation will be key in this IPO.
Its a small company and for me its a clear case of AVOID.

inventure growth & sec. 20-22 july p.band 100-117 82 cr size