Please dont be fool to apply in this ipo when this share was allotted to promoter at 8 rs a year ago and they are charging 75 rs now.imagine your investment at 75 rs going to 7 rs in 1 month.
Rather buy adani power from secondary market for long term with good management capability in long run
Q: Your average cost of acquisition of the shares, which is four promoters, goes anywhere between Rs 8 and Rs 19. Much of your equity was built up on July 2008. Your book value is Rs 23. Could you tell us why the promoters would take shares almost a year ago at Rs 8-19 on an average, book value is Rs 20? These are all stuff from your own prospectus. Price to earnings is between Rs 20 and 21 when the industry average is Rs 9. Why should somebody pay Rs 75, three times more than what you take, double the price earnings ratio of the industry and a book value of just Rs 23?
A: In this IPO, around 10% the promoters are also contributing at the same price of the IPO.
Could anybody guide me as to where can I find information as to what it takes to become a Rating/Grading agency? What are the rules and regulations framework etc governing them? To whom are they answerable? As it is, they don't comment on the valuation front. Then what is the point of Grading exercise at all?
kya kahu, in IPO ne to latka kar rak diya hai NHPC to niche se table bhi nikal dega ab to marna hi padega. yaroo is share market se dur rahna hi aacha hai, pata nhai 100 mai se 1 aadmi bhi kamata hai ya nahi.
This company is bringing issue at 50PE where as textile spinning company are available at 5PE. You will get this share at 7Rs. I am not saying premium 7RS. You will get the whole share at Rs.7.
kya kahu, in IPO ne to latka kar rak diya hai NHPC to niche se table bhi nikal dega ab to marna hi padega. yaroo is share market se dur rahna hi aacha hai, pata nhai 100 mai se 1 aadmi bhi kamata hai ya nahi.