IRB Infrastructure Developers Ltd IPO Message Board (Page 21)

Is IRB allotment out?How check status?what is listindg date?

Hello

as seen market what you expect for IRB Listing price ..

Because CORD CABLE is Open with its Listing Price today...
and also Reliance Power was open with Discount17%..
And also J Kumar Infra. also open with discount, Yesterday...

So what we are Expect listing Price of IRB.

lets all those who have applied for the ipo pray that it will list above 200. if the markets are stable then there is a chance of listing above 250. irb is a very good stock to hold for 3-4 months. lets hope for the best. it may list by 25th feb.

everyone will get shares as co. has decided price Rs.185/-

Hey

I am apply for 210 shares at cost rs 209 so can i got the share or not...??

and just seeing the market condition so can it affected to Listing price.

please suggest me that because i am new

when allotment vil be out

PLEASE ALL DONT DEPEND ON G.M.P .ITS TRICK OF PROMOTERS & MERCHANT BANKERS.

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

Hi Amar,

Thanks for your analysis. It is cowardness to give such comments after close of IPO and to install fear in the minds of investors. If you have analysed the IPO, you should have provided your analysis before the close of IPO. Please refrain from giving such comments henceforth.

Hi everybody,

Good Morning. The issue has been subscribed at Rs.190/-. Please refer to NSE website. So, the shares can be issued anywhere berween 185 and 190. All retail bidders would be alloted full shares that they have applied.

For listing price, pray US ECONOMY on which our market is dependent.

i applieed for 90 shares Can anybody tell me what will be the GMP & Listing Price As well as offer Price ???????????????????

lets pray god for higher listings

It will list above Rs. 275/- if the market can sustain above 14000 at the time of listing.

God bless to all retails investors

Dont worry "101. dg" you'd be charged at the price company has fixed it and you will get your money back. in this case (220-185)*240

I have applied at cut off price i.e.220 for 240 shares

If the company has fixed the issue price at 185, then will I get refund of money or more number of shares will be alloted to me?

I hope I would not be charged 220 per share at which I have applied ??

Please reply .I know less about IPOs

should list around 220...........so cross your fingers

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

humm i have also applied for 450 shrs but for 190 per lets hope for the best

i hv just got a news from mumbai bookies that irb will list above 245 , so njoy , i hv applied for 450 also

CONGRATS TO THOSE WHO HAVE APPLIED .

ASUURED LISTING ABOVE 210.....GOOD QNTY GOOD PRICE GOOD PROFIT .

CNBC VIEW ......LISTING ABOVE 210.