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JSW Energy Limited IPO Message Board (Page 8)

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205. Awara |   Link |  Bookmark | December 16, 2009 8:08:22 AM
What will be the listing price of JSW energy?
204. Vaday |   Link |  Bookmark | December 15, 2009 11:58:05 PM
hi Yadav,
How did you calculate the fair value as Rs.53? Can you share the rationale behind it.
203. nitin |   Link |  Bookmark | December 15, 2009 9:16:36 PM
95 for retailerssssssssssssss
202. Yadav |   Link |  Bookmark | December 15, 2009 8:57:49 PM
Fair value rs 53.
201. Ram |   Link |  Bookmark | December 15, 2009 8:46:02 PM
Hi, what is the price that is fixed for retailers?? can some one tell me??
200. nitin |   Link |  Bookmark | December 15, 2009 7:45:03 PM
JSW Energy Prices Initial Offer at Lowest End of Band (Update1)

Dec. 15 (Bloomberg) -- JSW Energy Ltd., a unit of India’s third-largest steelmaker, will sell shares at the lowest end of a price band after its initial stock sale received the weakest response among rival power company offerings.

Investors will be offered shares at 100 rupees each, Chief Financial Officer Pramod Menon said in a telephone interview. Retail investors will get a discount of five rupees a share, while anchor investors, which placed their bids before the sale opened, will have to pay 110 rupees apiece, he said.

JSW Energy, which sought 100 rupees to 115 rupees a share, received bids for 1.67 times the stock offered, the lowest among Indian power utilities tapping investors for the first time this year. Indiabulls Power Ltd. got bids for 22 times, while Adani Power Ltd. received bids for 18 times and NHPC Ltd. for 24 times. Shares of the three utilities are trading below their IPO price in a market set for its best performance in 18 years.

“JSW Energy’s pricing looks much more sensible now,” said Bhargav Buddhadev, an analyst with Mumbai-based brokerage Noble Group. “Our valuation for the company was around 90 rupees a share and it may be a good bet to enter the stock if it sees a correction of around 10 percent after listing.”

‘Have Right’

JSW Energy sold 42.3 million shares to seven anchor investors including Eton Park International LLP, Credit Suisse Singapore Ltd. and Deutsche Securities Mauritius Ltd. at 110 rupees apiece, raising 4.7 billion rupees, the company said in an e-mailed statement on Dec. 4.

“We have the right to sell the shares at any price in the band,” Menon said. “We decided on the price after looking at all aspects. You have to respect the response of investors.” The company has yet to decide on the trading date, he said.

Adani Power, controlled by billionaire Gautam Adani, was trading at 96.65 rupees at 12:43 p.m. in Mumbai, down 3.4 percent since its IPO in August, according to data on the Bloomberg. NHPC Ltd., India’s biggest hydroelectric power producer, has fallen 7.8 percent since its September IPO and Indiabulls Power, part-owned by billionaire Lakshmi Mittal, has declined 26 percent since October.
199. SHANJAIPUR |   Link |  Bookmark | December 15, 2009 5:47:43 PM
SAB KE SAB PAGAL HO GAYE KYA
JSW ENERGY 40% PRIMIUM............
HA....HA....HA
198. Vikash |   Link |  Bookmark | December 15, 2009 5:28:42 PM
IN JAIPUR AND RAJKOT, IT IS RUMOUR THAT IT WILL LIST AROUND 145/- AND IT MAY EVEN TOUCH 160/- ON DAY OF LISTING. LOT OF PEOPLES ARE BUYING IN GREY MARKET AROUND 125/-.
197. pramod jain |   Link |  Bookmark | December 15, 2009 5:01:17 PM
jsw energy is definately good ipo it give very good retern's from the day of listing .
196. JAWHAR .G.T. |   Link |  Bookmark | December 15, 2009 4:33:13 PM
jsw energy will definitely touch around R.600 in another two year Power sector very hopefull
195. vikas |   Link |  Bookmark | December 15, 2009 2:57:07 PM
itis worth Rs. 70/- only.
It shouldnot cross it on listing.
194. J Mahurkar |   Link |  Bookmark | December 15, 2009 2:48:57 PM
JSW energy will list on 40% premium aroun at 140 and a best bat for long term investment.
193. james bond |   Link |  Bookmark | December 15, 2009 2:44:41 PM
why the people are reapiting the same thing so many times......
192. Dinesh |   Link |  Bookmark | December 15, 2009 2:44:12 PM
On listing day it self it will touch Rs. 159/-. Because, there is no any seller in market as no one apply in the IPO. Hence, they will buy, buy and only buy on listing day. In one year it will reach 200/- as strong fundamentals of this company.
191. R Parekh |   Link |  Bookmark | December 15, 2009 2:36:48 PM
JSW energy will list on 40% premium aroun at 140 and a best bat for long term investment.
190. Prabhudas Lilladher |   Link |  Bookmark | December 15, 2009 2:32:14 PM
JSW Energy will definitely touch around Rs. 200 in another one year
189. Prabhudas Lilladher |   Link |  Bookmark | December 15, 2009 2:31:33 PM
JSW Energy will definitely touch around Rs. 200 in another one year
188. KAMAL |   Link |  Bookmark | December 15, 2009 12:03:40 PM
GMP 4500-4800 ONE LAKHS APP
187. AJIT |   Link |  Bookmark | December 15, 2009 11:35:49 AM
*************************************
BUY GENNEX LAB (531739) @ 1.95 tgt rs 3 and 3.7.

But it low pe pharma shares at rs 2 only . Long term target rs 10.Brockrage house advising for buy it for long term and short term.some positive announcement from company is expected.
186. Ramesh |   Link |  Bookmark | December 15, 2009 11:00:38 AM
THIS WILL DEFINITELY LIST AROUND 135/- - 138/-. THIS CAN BE PURCHASED AT THIS RATE ALSO. BECAUSE IN LESS THAN I YEAR IT MAY ACHIEVE THE TARGET OF RS. 200/-.