see the shameless mr finanace minister he is hiding and does not have even got courage when cpital markets have gone down to say atleast something because now he has no excuses like he had earlier that global markets are weak whereas now global markets have strengthen. Finance minister chidambaram is just earning all money from poor retailers and will spend them in next time election. i would again say never vote for congress
PLEASE ASK FINANCE MINISTER TO ROLL BACK STT TAX AND DECREASE INTERESET RATES BY BANKS ONLY THEN F11 WILL RETURN BACK TO INDIA
MA NOT ABLE TO UNDERSTAND ALL SECONDAY MARKET STOCKS ARE AVAILABLE AT SO MUCH DISCOUNT WHY THE HELL PEOPLE SUBSCRIBING TO SUCH BAD IPOS LIKE GAMMON INFRA,TITAGARH AND KIRI DYES. I AM SURE KIRI DYES WILL BE 40% DISCOUNT ON LISTING NO MATTER WHAT CONDITION MARKET IS IN ON THAT DAY. AGAIN SAYING TEACH SEBI AND MR FIANANCE MINISTER A LESSON AS WHEN U SUBSRIBE SOME PORTION GOES TO SEBI AND GOVT. STOP TRADING NOW RETAILERS THERE IS NO RETAILER WHO EARNED MONEY IN THGIS CAPITAL MARKET. LOOK AT TODAY AGAIN INDIA IS AGAIN THE MOST WORST MARKET ON OPENEING EVEN THOUGH WILL STABILISE IN AFTERNOON WHEN EUROPE MARKETS OPEN. WHEN OTHER GLOBAL MARKETS ARE UP 5% INDIA IS UP ONLY.5% AND WHEN OTHER GLOBAL MARKETS ARE DOWN .5% INDIA IS DOWN MORE THAN 1% SURELY AGAIN THANKS TO FINANACE MINISTER . I AM AGAIN SAYING FINANCE MINISTER NEEDS TO ROLL BACK THE STT TAX, NEED TO DECREASE INTEREST RATES BY BANKS OTHERWISE THER IS NOTHING EXCEPT WE MAKING 50% LOSS ON ALL SHARES. WHY THE HELL SHOULD I BUY SHARES AND GET MY MONEY HALVED WHEN I AM GETTING 9% INTERSET IN BANKS.ITS LOGIC MR FINANCE MINISTER
THE QIB AND THE HNI POTION SUBSCRIPTION REDUCED ON LAST DAY THEN THE EARLIER DAY.THERE LOOKS TO BE SOME GIMMIK PLAYED BY COMPANY TO POOL RETAIL INVESTORS.CAN SOMEONE EXPLAIN THIS?
at 5 P.M. ovarall subscription is 1.43 times. in retail it is near about 2.35 times. this IPO is fully subscribed at Rs. 150. so i think the issue price will be Rs. 150/-.
I guess it is good time to invest in IPOs because the valuations will be quite fair in such markets. Especially Kiri seems good. It will be an investment for mid/long term period. Only listing gains do not prove good investment. Apply - hold KIRI for some time and one would gain definitely.
The listing price of REC IPO could not be sustained in the market and utterly failed for the small investers. And how this ips will behave to invester after listing period? Since, the market sentiments are very volatile and depressed, one should avoid from all IPO.
i would apply in this issue as it is really attractive one. why should one blame chidambarm and suggest that it is not good issue. both matters are separate. one may have difference of opinion. one should not mix up the matters. Issue is good and i perceive that it will be oversubscribed in this difficult time. best of luck!!
dont apply in rubbish company like this.this will not even be manipulated because of such high price dont buy single share and teach f11 a lesson as well as to prmoters and also to chidambaram .chidamabaram is the biggest reason for fall in market. Do you know when other markets have decreased tax to f11 like in pakistan and taiwan which are at all time high just to bring more money. chidambaram has done exactly opposite and thats why f11 are teaching lesson to India and China because of there marxist policies which are not foreign instituional friendly. i request everyone to not to vote for congress who always have no control and loot people by capital market and giving ur money to farmers. Instead vote for any other party even independent party is beeter
This IPO is good as compared to its peer group companies. Kiri dyes will compelete whole cycle for manufacturing finished products of Synthetic Organic Dyes and become giant and independent in its field. prices of dyes and Chemicals also running alltime high as compared to close competetor China.
Hi, I went through this IPO and found it quite attractive. Here are the reason for the same: I compared it with a giant in the sector named tatachem. the EPS for TataChem is 20.93 while for this co eps comes at 23.02 tata chemical currently trading @260 (certainly with the brand visibility tata's can afford to have slightly higher PE but difference will not be much ). Then I compared it with orchid chemical (ok thats in pharma but the basic nature of business is chemical thus cost and benefits are similar). Eps for Orchid is 10.72 and in it was being traded at 116. now if we compare to orchid this valuation of kiri comes to be above 232. I feal it should list round 250. (we can have tata chemical as the bench mark for this...so i think it is going to give good listing gains) any views???