I think There will be a huge satta at the listing. Dont know about the compant. Capital market-44. So should not worry. Got one lot in religare and one lot in Varun. Because there is a connection of MLA shivraj Patil Congree with this company. So Take the listing gain and then forget about company. and agins best of luck for Ed. Capital. almost 17-18 time till now. Shound not be more than 20 times max by 9 P.M. so 16 out of 20 will get minimum lot i.e. of 8 shares for Max application. Thanks and bye
I think it would be better to apply to kolte-patil because you must remember that it will list around 25-30 Dec which is generally a good time for markets,because FII fund managers get their bonuses around christmas and they always wish to keep the market at its highest to show performance.Even 2006 Dec same thing happened.They might start selling in Jan 2008 and we might have a dull first half in 2008. So in my analysis it is the listing time sentiment that is even more important.Even in the worst case we might get Rs.60/- per share if not 135 rs as quoted now. sagar
IPO grey premium is Bluechip gujarati weekly is 130 & smart gujarati weekly is 135. i dont think at listing we can get more than 40-50 rs premium so consider this..........even 40 rs not bad.......!!!!!!!!!
whatever everybodys but JUST GO FOR KOLTE PATIL IPO and if bychance u get allotment then sell it on listing date GMP for 100000 app is 3300 and GMP per share if 160
No. 73 (Bhvesh) - Stop fooling around. You may change your name, but how do you propose to change your IP address? I am only seeing messages from you asking people not to apply for all the IPOs. Is you plan to stop others from applying for these issues and benefit from lower subscription levels?
All - this IP address has been posting messages stating the particular IPO will get subscribed vastly and we will not get any allotment, so not to apply. What a sad way to mislead people for personal benefit!
Kolte Patil Developers IPO subscribed 0.53 times on day 1
Receives bids for 1 crore shares.
Kolte Patil Developers IPO was subscribed 0.53 times on the first day. The IPO received bids for one crore shares, as against the issue size of 1.90 crore shares.
Price band of the 100% book-built issue is Rs 125-145 per share of Rs 10 each.
At the lower end of the price band the company would raise Rs 237.51 crore and at cap price it would garner Rs 275.55 crore. The issue will close on 22 November 2007.
Net issue will constitute 25% of the post-issue paid up capital. The shares will be listed on the National Stock Exchange and Bombay Stock Exchange.
The objects of the issue are to finance acquisition of development rights, finance construction and development costs for proposed projects.
Kolte Patil constructs and develops properties in Pune and Bangalore. As of Sep 30, it developed and constructed 25 projects covering around 4.01 million square feet of saleable area.
The company has development rights to 21.58 million square feet of saleable area on 32.88 million square feet of land area.
Kolte Patil is in the process of developing 28 projects. It has entered into joint venture agreements with ICICI Venture Fund for three of its larger projects.
VIVEK Jain see your Business Standard reports say :- Profitability too, has risen dramatically, as its operating margins which have ranged between 8-12 per cent over FY03-FY06, have gone up to 40 per cent in FY07. NUMBER NUGGETS Rs crore FY07 FY08E FY09E Revenues 230.3 300 345 Operating profit 108.3 135 155.25 OPM (%) 47 45 45 Net profit 83.6 105 120 NPM (%) 36.3 35 34.7
Itseems that promoters are mainpluting GMP ..it has gone from 25-150 in few days. Avoid this issue .realty GMP may tumble in case of fall down in sensex.