Jindal Cotex Limited IPO Message Board (Page 6)

Hi All,
Don't block ur funds in this IPO, plz wait for a week, and invest in OIL INDIA.

Regards

JK

kya ipo accha hai ki nahi
kya premium chal raha hai or kitne time hoga

want to sell the application for Jindal cotex IPO you can contact me on

I want to sell the application for Jindal cotex IPO you can contact me on cnnpnit@rediff.com

It is a good site for g.k. about the comming ipo. But many times it will misguide the investors.So pl. put some limits to give the ideas about grea market premir.
thanking you.Sir if i want to give my idie in this site what to do and what is prossideger for this ?I will wait for you reply soon.
thanking you
sanjay vibhakar.ahmedabad

Jindal cotex IPO is GOOD issue for SPECULATION.

INSIDER NEWS JINDAL COTEX IS SUBSCRIBING IN NON RETAIL AND RETAIL CATEGORY ITSELF AND WITHDRAW IN LAST DATE TO GET ITSELF THRU WITH THE IPO/

aFTER LAST DATE YOU WILL SEE LESS SUBSCRIPTION THAN ACTUAALY IT IS.

pLEASE RETAILERS STAY AWAY OTHERWISE YOU WILL BURN YOUR FINGERS IN IT

Can anybody tell me about HDFC which is coming out with issue of convertible debentures.

Hi Guys,

Jindal Cotex is not a good IPO, but people willing to get a ROI of 20% for 15 days can sell the application.(Kostak 1600)

Book profits and beat the market.

CoachIPO

Hi passion

Please understand that this page is only for discussion on Jindal cotex IPO. Please dont put up posts of L&T NCD over here. You may start a new thread at the appropriate place.

CoachIPO

Hi Sam,

Jindal Kotex: PE at lower level is 18 and at higher level is 21

CoachIPO

Never ever invest in this IPO. Listing will be at 30-32.How can they ask for 75 bloody.

Jindal Cotex has opened for subscription with an initial public offering (IPO) of 1,24,53,894 equity shares of face value of Rs 10 each for cash at a price of Rs 70-75 per equity share aggregating Rs 87.18-93.40 crore. The issue will close on September 1, 2009.

Moneycontrol.com conducted a poll to find out if you should subscribe to the issue or not. Experts felt the issue was overpriced and advised not to subscribe.


Investment Advisor, SP Tulsian said one should remain away from the issue. "One must admire the courage of the promoters to come out with an IPO in the band of Rs 70 to Rs 75, against the book value per share of Rs 23.10, as on 30-06-09 and at a PE multiple of 21.68 times, at the upper end of the price band. There are over 10 similar companies available at PBV of 0.50 times and at a PE of close to 5 times", he said.

"Such companies come out with IPO mainly to play in the stock market, as it is obvious that no sane investor would be willing to subscribe to it, when so many lucrative ideas are available in the secondary market. A clear advice to the public – remain away from the issue and don’t be part of this weak and unviable project", Tulsian added.

"Present condition of the primary market is not favourable to investors. One should not apply to a single issue right now. One should avoid Jindal Cotex as well, as there is no counter demand for the issue", RS Iyer of KR Choksey Securities said.

can any body tell me.what is the PE of jindal cotex at lower and upper bounds and industry avg?

Issue subscribed only 0.01 times till date mostly at lower end of the band!!!! Enjoy

donot apply in Jindal cotex..save money for other good ipo.. happy investing

Jindal cotex- junk - u can make money only speculation.

more new IPO's inlane......save & plan money

oil india- 1050 -sept 07

Pipavav Shipyard - by sept 17

Jindal Energy - By 3rd week oct,

plus more 6 company coming with IPO b4 oct

GOOD LUCK

Can ne 1 tell me about L&T non convertable rediemable debenture NCRD. How much return will I get and is it wise invest in such debentures

Unfortunately this forum is being used for un-useful activities like knowing allotment, allotment site, etc. rather than discussing something useful. People who apply for IPO should know the connected issues and wait until they get the allotment/refund. In majority of the case it will happen automatically, since it is in the electronic form. Hence, all are requested to contribute something for sharing of useful information on this site.

Guys I got it....
Check here... http://www.karvy.com/ipostatus/