IRB Infrastructure Developers Ltd IPO Message Board (Page 20)

i applied for 180 share.......it will be list at 250+.........so congratulation....who apply for it

It will be a Kangali mai aata geela to all subscriber and will not even let them recover cost on listing.
Gentleman Gaurav Mittal is eihger making fool of all applied or a aadmi of IRB

GAURAV COME OUT OF UR DREAM............IT WILL LIST BELOW 185.00 . 1001 % SURE.
PLEASE DONT MISGUIDE OTHER INVESTERS.

gourav bhai aap kon ho ? jo aap is company ke bare me itna sab kuch jante ho . please muje bataye. aap kab ka ik hi poin likh rahe ho.

Dear friends,

As previously recommended Market sentiments showing that no doubt this stock will list above 500/- on 25th february......... full allotment to who have applied.........and it will trade between 600/- to 700/-.......... 6 month target minimum 800/- purchasing above 450/- secure..............

Gaurav Mittal

Allotment will be out on 19th feb, Tuesday...

have patience...

Hi Guys,

Finding a lot of contrary views.I believe that if there is momentum in the market; we can get good listing gains.

allotment basis

allotment is on tomorrow

This one is only for those who want to look at long term
prospects. For shorter term view, GMR Infra is better.

Yes, U Will get full shares.....

Allotment will be in Next Week..

shall retail investor get full share which they applied because retail quota is not full 100%??

Anybody knows when is the allotment date?

DEAR FRIENDS,

IRB INFRA IS HANDLING MUCH BIGGER PROJECTS THAN IVRCL INFRA. AND IVRCL INFRA CURRENT SHARE PRICE IS AROUND RS.500/- WHEN MARKET IS DOWN.......... SO NO DOUBT THIS IPO WILL OPEN MORE THAN RS. 500/- ON 25TH FEB IF MARKET WILL SUSTAIN 1800O THAN IN CAN TRADE BETWEEN 600 TO 700.........

SO CHEER UP AND ENJOY........INVESTORS

GAURAV

IRB will be listing at Rs. 270/- + if the market can sustain at 14500 at the time of listing. It may sustain around 250/- - 300/- on listing day if market can sustain at 14500/- on listing day.

God bless u.

INVESTERS.....KI BEND BAJEGI ON LISTING...........T.C.

DONT EVEN DREAM OF PROFIT JUST PROTECT UR CAPITAL.

AT P/E OF 95 VERY VERY EXPENSIVE SHARE AT EVEN 185.00.

OTHER COMPANIES IN SAME SECTOR ARE TRADING AT 25-35 P/E.

THEN ALSO GOOD LUCK.

THIS ISSUE IS VERY EXPENSIVE ITS OFFERING SHARES AT LOWER BAND AT 95 P.E .
OTHER COMPANIES OF THIS GROUP LIKE HINCON ,IVRCL,NAGARJUNA CONS ,UNITECH,IVRPRIME, ARE MUCH CHEAPER THEN IRB.

AVOID THIS ISSUE.


IRB Infrastructure Developers' balance sheet is highly leveraged, the proposed issue, intends to mobilize Rs 723 crore to repay the debt. Only Rs 90 crore is being used for investment in IDAA. Infrastructure P. Ltd., a subsidiary of the company, carrying out expansion and improvement of 65 kms. of Bharuch to Surat section. Financial performance of the company even does not justify the pricing.



The road projects acquired by the company are large in nature with huge upfront payment. Mumbai Pune Expressway and NH4, has 206 km of road, which has project cost of Rs 1,301.64 crore. This is on account of an upfront fee paid to MSRDC of Rs 918 crore and construction cost of Rs 383.64 crore. Operation and maintainance cost is of Rs 754.79 crore for a concession period of 15 years, which commenced on 09-08-2004 and valid upto 10-08-2019. So present validity of this road projects is about 111/2 years. So, about Rs 2,000 crore (of which Rs 1,300 crore having paid) needs to be recovered in remaining 4,000 days.



The company has been comparing itself with GMR Infra, J P Associates, IVRCL Infra, and Hindustan Construction.



Pure contracting and road project companies are ruling at PE multiple of 15 to 20 times on the secondary market. To justify this valuation, the company needs to earn about Rs 500 crore, annually as PAT, which is not likely in foreseeable future, even after considering development of 1,400 acre of land near Kamshet, Pune.



Overall, issue is very expensive, even at the lower band of Rs 185, as much better diversified, remunerative, and operational infrastructure stocks are available in the secondary market.

THEN ALSO BES OF LUCK TO THOSE WHO HAVE APPLIED .
MAY BE LISTING GAIN OR MAY BE LISTING PAIN.
I AHEV SUGGESTED B4 ALSO FOR MANY ISSUE SAND I WAS RITE .
I SURE THS TIME ALSO .
VALUE OF IRB IS AROUND 140.00

IF MKT IS GOOD THEN ALSO
(SURELY WILL LIST BELOW ISSUE PRICE .......185.00 .
IF RELIANCE CAN LIST BELOW ITS ISSUE PRICE & G.M.P .THEN WHT IS IRB ITS BHAJI MULLA .....1ST OF ALL FULL ALLOTMENT & THEN CAN'T EVEN THINK ABT LISTING.....WORST.

VALUE BUY AROUND 140 LEVELS OR ELSE SELL SELL SELL.
NAGESWARA RAO I HAD TOLD B4 ALSO & NTO JUST AFTER IPO CLOSE IT IS OVER PRICED.
UDYAN MUKERJEE IN CNBC IN HIS COMMENTS .....SAID
I AM SHOCKED HOW IRB IS SUB FULLY AT THIS VALUATION .
IT WONT TAKE TIME FOR QIB'S TO SELL IN 1ST 10 SECONDS AFTER LISTING ....

THEN ALSO BEST OF LUCK & HOPE FOR THE BEST .

I HAD APPLIED IN 3 A/CS 1350 SHARES BUT MADE STOP PAYMENT AFTER WATCHING MKT CONDITIONS .
TAKE CARE .........ALL OF U

irb ka allotment kab aayega ? or iski listing price kya hogi . please suggest me . because i apply 100000/- application please support me. thank you. or aage stock market ka rasta kya hai ?

Dear friends,

whomsoever invested its an breaking news this ipo is going to list above Rs. 500 on 25th February.......

So cheer up.....

Purchasing above 450 is secure..

within one year it will cross 800.....