JSW Energy Limited IPO Message Board (Page 13)

aare yaar dont apply plz i request all investor just keep away your self from ipo may be u will get jsw at 70 to 80 rs. thats fair value.

Hi..pls provide an insight as to hw d application cheque is to be drawn for retail investors n amount of d max applicatn..

let us investors teach these greedy promoters by not applying to these high priced IPO like jsw energy, godrej propertiest and so. we should not apply and ask our other friends and relatives to avoid so that the promoters and merchant bankers can understand the value of our money.

MR. S.P.TULSIAN SAID APPLY IN JSW IPO

SO DEAR FRIENDS DONT APPLY IN THIS IPO

For maximum loss you must apply to JSW (Le) energy because:

NHPC (Nahi Hai Public Company) have given only 20% loss.

Indiabulls Power (India Bear Power) have given only 30% Loss

Euro Multivision (Door Raho Multivision) have given only 45% Loss

Reliance Power (Alliance Power) have given only 45% Loss.

Hence, JSW (Le) Energy will confirm and Guaranteed loss of around 35%. As this is LOOOOOOOOT market.

Now, “FAISLA AAPKA” whether apply or boycott these type of Charity.

Before taking Rs 5 discount per share THINK

Recent Issue of power companies RPL/ Adani Power/ Indiabull Power/ NHPC

Long gestation period for setting Power Plant.
Politics of Subsidy, power theft, free power to farmers
Most of the state electricity boards are making losses
Politics in vendor selection (Dabhol Power Company) Shiv Sena/ BJP/ Congress
Politics in Land (RPL Dadri-UP) SP/ BSP

Thermal Power
Poor Coal/ High Ash Contents & Stones/ Coal Mafia/ Transportation problems Railway

Hydel Power
Mansoon failure/ Environment Protection Groups

Gas Power
Fight between brothers and Govt seeing the TAMASH helplessly, Natural resources belong to people of India

Nuclear Power
Sh. Prakash Karat, comrade will pull the Government at the cost of CPI

We have to reduce CARBON POINTS by 25 % level by 2015 from level of 2005

JSW Energy Sells Shares to Anchor Investors at 110 Rupees Each Share Business ExchangeTwitterFacebook| Email | Print | A A A
By Gaurav Singh

Dec. 4 (Bloomberg) -- JSW Energy Ltd., which starts an initial share sale on Dec. 7, sold 42.3 million shares to seven anchor investors at 110 rupees apiece, raising 4.7 billion rupees.

Eton Park International LLP bought 17.5 million shares. Credit Suisse Singapore Ltd. and Deutsche Securities Mauritius Ltd. were among the investors, JSW Energy said in an e-mailed statement today.

RPL declared power pant at Dadri in UP of capacity of 3500 MW , Foundation was laid in the Ghaziabad District of Uttar Pradesh in 2004 by the then Chief Minster of Uttar Pradesh, Mulayam Singh Yadav.
On Dec 04, 2009 Allhabad High Court gave new direction for land acquisition to state govt. Land is not clear, when Construction/ Commissioning/ Production/ Earning will start?
Before taking Rs 5 discount per share THINK.

The Dabhol Power Company was a company based in India, formed to manage and operate the Dabhol Power Plant. The Dabhol plant was built through the combined effort of Enron (World biggest Bankrupt), GE, & Bechtel.(Both world leader in power plant equipment & design project management consultant) GE provided the generating turbines to Dabhol, Bechtel constructed the physical plant, and Enron was charged with managing the project through Enron International. Construction started in 1990 , plant was to be constructed in two phases. Plant was never commissioned. Maharastra govt and central govt lost investment. Thin before taking Rs 5 discount per share.

SP TULSIAN - SUBSCRIBE AT UPPER BAND. MEANING SURE TO LOOSE MONEY.

@K.K.Natarajan
Agencies rating IPO's based on price doesn't make sense. The fair price of the IPO's should be left to the market to decide. You can compare it with anything that can be sold say Books. The reviewer of the book is like the IPO grading Agency who can only comment on the content and quality of the book and not on the Price of the book. If Readers(Investors) feel the content of the book is worth the price, they can buy the book but if they don't feel that way, then the publishers (company) has to reduce the price to sell their product.
If you feel the IPO doesn't deserve the price don't listen to anyone and don't apply for it. (there are many instruments to calculate the fair price of the issue) and if your feeling is shared by the mass the company has to reduce its Issue price.

K.K.Natarajan i agree with u. But for an investor to invest his hard earned money, fundamentals of the company should be good. pricing could be aggressive but, its keeping the longterm future of the company. Expecting the company can deliver the growth that they have estimated.
when u have good stocks available at attractive price in secondary market why do anyone want to go for an ipo?
listing gains... short term gains... JSW Enegy, Rpower, Adani power, indiabulls power, NHPC, all will give handsome gaing if u can hold them for 2-3 years. its for long term investors who dont want to see daily action of the stock prices.
Regards,
Ram.

It is not correct for ICRA to grade an IPO based only on the fundamentals of a company, without considering the pricing of an issue, I feel. An ordinary company may come out with an attractive pricing and a very good company may come out with a price that is greedy as has occurred many times recently. So may the authorities consider giving grading taking into account the pricing also?

On top of this the Joke is they are offering Rs.5 Discount to Retail investor (4% discount).

That means For institutional investor NAV is down by Rs.5 even before they think of purchasing the issue.

And Retail investor....Do not know what happens.

ISSUE WILL GET SUBSCRIBE AS THIER ARE LOT OF INCENTIVES ARE OFFERED TO BROKERS

This is Costliest Power IPO in terms of

1)Price to Book (P/B): Book value =13rs. So price to book is close to ~9 times Vs. Indiabull of Rs.2 Adani=4x

2)Enterprise Value to MW (EV/MW)=8cr./MW Vs. Adani power 5cr/MW

3)Mkt. cap to MW: 6cr./MW Vs. Adani 3.5Cr./MW and Indiabull 2cr./MW

They are Selling IPO issue SAying they will get super profit by selling Merchant.
However Merchant Power rates are falling from 11-12Rs/Unit, even 15rs./unit to now Rs. 2 to 4/Unit.
What will happen to profitability projection if rate falls from 12rs./unit to 2 to 4rs./unit.
All your projection goes haywire.

Refer following site for merchant power rate.
http://www.iexindia.com/Reports/SystemData.aspx
(use inr/MW-hr - Devide by 1000Rs. to get Rs./Unit rate for power)

Will send a detailed report on this very soon.....

i m back

JSW energy ipo will do not good return for investor, because this is the worst price rather than like adani power. so avoid this ipo, i think after 20 december market will down to 15 to 18 percent. so will get did not good listing time in this time.
jay shree krishna....

free mai bhi nahi lagana, warna get ready for the punishment on your tan-man-dhan.be careful

Yet another aggressively priced IPO, AVOID!!!!

Very aggressivly priced.Even Adani & IBP at CMP is better in terms of valuation.Here is comparision which I can come out amongst power sector company.

Adani Power CMP Rs 98
Equity Outstanding : 218 crores
MW operational by 2011-12(11 th Plan) : 6000 MW

IBP CMP Rs 33
Equity Outstanding : 200 crores
MW operational by 2012-2013(11th Plan +) : 5000 MW

JSW Energy Price 100-115
Equity after issue : 162 crores
MW operational by 2011-12(11th Plan) : 3000 MW

By Taking Adani current valuation as true valuation as per market,JSW value should have been about 65-75.

But As I already mentioned in my earlier post anything above Rs 50 represents promoter greed .So no point of applying in this kind of issue & blocking money.