Jyothi Laboratories Limited IPO Message Board (Page 19)

the data shows that Mutual funds are not interested in this issue so better avoid it.

1 Qualified Institutional Buyers (QIBs) 2215130 4751120 2.1448
1(a) Foreign Institutional Investors (FIIs) 2993220
1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 1612900
1(c) Mutual Funds 0
1(d) Others 145000

dear shankar,

be ready for surprise.

I think apply for
BGR ENERGY SYSTEMS LTD
Lower Price Band (Rs) : 425
Upper Price Band (Rs) : 480
Opens On : 05 December, 2007
Closes On : 12 December, 2007
Application Multiple : 14 and in multiples there off starting with atleast 14 shares
Maximum Shares : 196 (for Retail)
Registrar to the Issue : INTIME SPECTRUM REGISTRY LIMITED

Any commnents??

early i told that it will subcribed 8-10 times in retails and it is a good one ipo. it will listed nearly 1000 rs. so apply if you have money./ otherwise give your special comments.

dont have much knowledge about market.. but just feel that this is an overpriced IPO and failure of this IPO will be a good lesson to all those overpriced IPO's
. well, i am not applying..
any correction.?

AVOID AND REPENT

@Shankar,

Please check the subscription growth in previous IPOs. There is an exponential subscription increase on the last day. Check Power grid, religare and Edelweiss...since mundra refund is still happening ppl will wait and apply on the last day...40 times is less....

In response to message 123, the issue is only 0.3 times subscribed at cut off. I would be surprised if it is fully subscribed. 40 times is pure fantasy

the issue will be subscribe 40 times tommorrow.

Initial public offering of Jyothy Laboratories, (Q, N,C,F)* a FMCG company received 43% subscription on penultimate day till 2 p.m. It received 1.93 million bids as against issue size of 4.43 million shares. A total of 0.30 million bids were received at the cut off price.

The IPO is open till Nov. 27, 2007. The price band is fixed between Rs 620 and Rs 690 a share. The offer will constitute 30.52% of the fully diluted post-offer paid-up capital of the company.

The selling shareholders include Canzone, ICICI Bank Canada, ICICI Bank UK, South Asia Regional Fund and CDC Investment Holdings.

Jyothy Laboratories is a fast moving consumer goods (FMCG) company in the fabric care, household insecticide, surface cleaning, personal care and air care segments of the Indian market and offer branded products including fabric whitener, mosquito repellent, dishwashing, bath and incense products.

Kotak Mahindra Capital and Enam Securities are the book running lead managers to the offer.

JYOTHI HAS TO THINK ABOUT REVISING THERE OFFER PRICE>>>>MAY DECIDE 400-440 RANGE........ANOTHER EMPEE DIST ><<<< NOBODY INTERSTED IN THIS IPO>>>..SOME STUPD PPL SUSCRIBED ON FIRST_ 2 ND DAY BASED ON GMP-300+........THIS GMP IS MISGUIDING LIKE ALL OTHER CHEATING IPO........EMPEE, KOLTE ETC

hi, Why this subscription data not updated on website???

Do not waste your money in this. Better buy Mundra which will open at Rs900 on listing day.

A $ $ h0le$

Not an ounce of knowledge about the new IPOs. Every d0g puts in his gyaan just for the keck for it.

Friends, I would suggest you all not to accept any crap from this site as this site has not been able to retain the quality it once had....hence use your own senses/ judgement, refer to NSE/ BSE websites & decide.

people just see the subs. of institution in this ipo its nil.y do people want to subscribe in such issue .you r getting hll, itc offering diversification ,high dividend ,etc.its a flop issue .we need to teach this people /issuers .any ways does any1 have the information regd. purchase price of icici,clsa and how much are they gaining by selling this stake .im sure they must hjave bought it for paise and selling for 500-600 rupees.beware beware.

i told all today morning that will be avialable at 300 ( empee Dist )after 1 month........but 303 at today only.....lost of 100 rs in 10 minute of listing...we should throw away this type of group jyothi is one of this group .....bhago

Pre mium investmnt says:FMCG sector presently is not a fancied sector and is likely to remain so for the next couple of years. Return on net worth of the company is also quite low at 16.51% when compared to its peers like Emami, which is at 40.5% and Marico at 49.7%. The share is being offered at a PE multiple of close to 21, at the upper band, of Rs.690 per share, thus leaving very low scope for appreciation in the medium to long term. The issue may give listing gains but looking at the pressure on margins of the company, the share may not be able to give decent returns in the long run

i would prefer to buy Rcom and remain tension free If I want to invest my money in this range ie 600-700.and there r so many option in secondary market.

CONSENT ORDER ON THE APPLICATION SUBMITTED BY

P. N.VIJAY FINANCIAL SERVICES PVT. LTD

IN THE MATTER OF P.N. VIJAY FINANCIAL SERVICES PVT. Ltd.(PDF)

CO/IMD/1001/05 /2007

1. SEBI conducted an inspection with the objective of verifying the allegations made against P. N. Vijay financial services Pvt. Ltd. by Brig. R. S. Anand (retd.). Pursuant to the inspection, enquiry proceedings have been initiated against the applicant, P. N. Vijay Financial Services Ltd. (PNV). SEBI vide its Enquiry Notice ref. no. EAD/BS/91898/2007 dated April 24, 2007 has alleged that the applicant has violated the provisions of Rule 3 and 4(c) of SEBI (Portfolio Manager) Rules, 1993 read with Regulation 3 and 9A (1) (C) of the SEBI (Portfolio Managers) (Second Amendment) Regulations, 2006, Regulation 14(1)(b)(ii), 14(1)(b)(iii), 14(1)(b)(xii), 14(2), 15(4), 15(6), 16(1)(a), 16(2), 16(3), 16(4) and 20(1)(a) of SEBI (Portfolio Managers) Regulations 1993, Clause 1, 2, 3 and 12(a) of Code of Conduct of Portfolio Managers Prescribed in terms of Regulations 13 of SEBI (Portfolio Managers) Regulations, 1993, SEBI Circular SEBI/RPM/Circular No. 3 (2002-2003) dated February 5, 2003. The said proceedings are pending with SEBI.
2. The applicant made an application dated June 18, 2007 and an affidavit of “undertakings and waivers” in the matter in terms of SEBI Circular No. EFD/Cir.-1/2007 dated 20th April, 2007. Pursuant to the said application, applicant vide letter dated July 31, 2007 has proposed revised consent terms submitting that “We propose to offer Rs. 5,00,000/- (Rupees Five Lakhs only) towards consent terms in the matter.” The revised terms as proposed by the applicant have been placed before the High Powered Advisory Committee (HPAC) and HPAC after deliberation recommended the case for settlement on the consent terms proposed by the applicant.
3. In terms of the applicant’s proposal, for the sole purpose of settling the matter on hand and without admission or denial of guilt on the part of the applicant to the finding of fact or conclusion of law, applicant has remitted a sum of Rs. 5,00,000/- (Rupees Five Lakhs only), vide Demand Draft No. 814440 dated October 15, 2007 drawn on ICICI Bank Ltd., Mumbai, towards the terms of consent in the matter.
4. In view of the above, it is hereby ordered that:
i) this consent order disposes of the said enquiry proceedings pending before SEBI against the applicant in the matter of P. N. Vijay Financial Services Ltd., and
ii) passing of this order by SEBI is without prejudice to the right of SEBI to take enforcement actions including commencing / reopening of the pending proceedings against the applicant, if SEBI finds that
      a. any representations made by the applicant in the consent proceedings are subsequently discovered to be untrue.
      b. the applicant has breached any of the clauses / conditions of undertakings / waivers filed during the current consent proceedings with SEBI.

This consent order is passed on this the 20th of November, 2007 and shall come into force with immediate effect.

The issue appears to be over valued.
its application of one lakh being sold at 4000/-, so be on the safer side. apply and sell the application.