M and B Switchgears Ltd IPO Message Board (Page 4)

Mr. Tudi, Dont expect m&b to fall at 60 lable,trading strategy can be made only on listing day .Relience capital can cross 400 this month and 450 next month.

I ll now send W/D request

FRIENDS what you have dicided.Withdraw the application of M&b or stay on it.12-oct evening is last moment fow wd.please share you step/view.

Those who have applied for M&B should go for stop payment,currently there is no buyer of share or application in grey market
Grey market premium has vanished due to heavy losses in RDB..
so be careful from grade 1 issues

more than 50 percent subscribed by qib when the fi are seller in domestic market how qib applied because its constraint for this atleast req 50 otherwise issue will flop so manage qib got discount around 70% or more whats your opinion

i have applied it...

Hello multi IPO ji
M&B is top subscriber among 4 issues open .Can you expect why

never apply can get @140 on listing day 9.45 a.m.any quantity.

Apply in M & B
U will remember me on listing day at 3 o clock
jj

QIB's 0.00 subscription, looks like it will heavily fall on listing day...

Shreedhar bhai where are you.So long without any message.Any problem

Heavy buying by operator in M & B at 2450/ application
Defenately something is cooking , watch d subs on last day

15. JUBILANT

This issue is a case of excessive overpricing. With just EPS of 0.4 rs company asking people to pay 180+.

Current GMP 7-8 according to some grey market portal. Highest GMP compared to other open issues.

If the setting with operator breaks, this issue even not deserve 30 rs a share

High risk investors only need to apply

Some important information about company
The net worth of our Company, before the Issue as per our restated financial statements as at
March 31, 2010 and March 31, 2011 was Rs. 1,050.98 Lacs and Rs. 1,556.00 Lacs
respectively.
The book value per Equity Share as per our restated financial statement was Rs. 1,224.50 (for
a face value of Rs. 100 per Equity Shares- prior to the sub-division) as of March 31, 2010 and
Rs. 10.37 (for a face value of Rs. 10 per Equity Share) as on March 31, 2011.

Now they are coming to public to collect the amount of Rs 93 crores (5000000*186).

In this regard I wnat to raise a question,how a company networth of 10.50 crores can raise Rs 93 crores.Where is the guarantee for not running away after collecting the amount from us

2).The book value of share is hardly Rs 10.37 and they are asking us to put Rs 186 per share. How this ratio is justfied.
I heard there is a premium of 7 to 8 going on
Please anybody buying above issue price can explain me ,where I am wrong.

Apply in M & B
U will remember me on listing day at 3 o clock

Stay away

First day response is indicative of likely response

Very agressively priced issue, one should avoid investment in this issue as it is discounting its 2020 earnings now and thus having nothing on table for new investors

the co has very less profit and charging hand some premium and at least 50 percent is reserve for qib which qib will invest in such healthy premium all issue manage by d&a are list 50% this will list less than 50% no good turnover no sufficient profit how brlm charging so heavy premium

Dear sreedharji,

please comment on recent ipo's. is your silence is indicating not to subscribe.

thanks