Mahindra Holidays and Resorts India Ltd IPO Message Board (Page 15)

Dear Kamal king of ipo,

I want to buy 2000 shares of Rushbhdev at 15 /-. is it ok for you? because valuation seems around 13 /-..contact me..

Private placement to SBI ooops! you dont know SBI means government. why will they not subscribe at that price(418/-) if government& other top officials of the bank may have got huge kickbacks dear. so never make an investment call on these gimmicks.

Everybody is talking about this IPO as very expensive. But don't forget they have privately placed in Jan 2008 of 2% to SBI at 418 per Share.

This in overpriced IPO. We should avoid it.

This is another Reliance power, price driven only by brand name.
Hope people remember how much hype RELIANCE power created and how much people lost due to its expensive pricing. Even though allottes got Bonus shares, it didnt compensate issue price.
Even though its a no debt comPany, Mahindra holidays dont have faith and trust among their members.
I will not apply for this IpO as i have learnt a lesson from other overpriced IPO's like ReliancePower and Archidply.Also, many PSU IPO (NHpC,IOC,BSNL) are yet to come..PSU's will be reasonably priced unlike Private company IpO's.
Lets teach these greedy Promoters a lesson.Dont fall prey for Brand name.For further technical analysis, go thru this link
http://www.premiuminvestments.in/new-issue-analysis-32791/102/An-expensive-treat.html
I suggest retail investors those who have already applied through cheques, check whether u can stop payment and save ur hard earned money.

U WILL NOT GET ANY PREMIUM ON LISTING SAME DAY IT WILL COME BELOW ISSUE PRICE

GOOD IPO BUT I THINK PRICE IS VERY HIGH

VERY GOOD IPO BUT I THINK PRICE IS VERY HIGH

aviod these ipo very expensive ,company have eps of close to 10 ruppees, so p/e at 325 will be 33 ,even in 275 p/e will be 30.so
aviod only a brand name

Hi.
Its looking a very expensive issue and one can apply only on the basis of promotors reputation.

kya seen hai ab tou har share mai darr lagta hai, So may be it may open in premium but after 2-3 days you may find it around 100 /- also..so buy at 100 /- & keep it for 1 year.. you will get 4 times return on ur investment...

Give greymarket price

Grey Market Premium @Rs.40 - Rs.45 .. .any Quantity

Don't apply for such an expensive IPO.
1) Overvalued even at 275/-
2) PE of 28-30 is unjustified.
3) Market has no direction it is trading in range & after budget it will definately go down.
4) See last ten years data of sensex after 1 month of budget(8 times out of 12 market were in RED-even after Good budget)
5) Market Valuation is High & Bear needs the reason & that is budget.
6) Expectatation from the budget is too high so even best budget may not be able to cheer the investors from evry sector.
7) 17 % gain immediate after election was something that has created unbalance in the system.System will try to offset those unbalance after budget.

So may be it may open in premium but after 2-3 days you may find it around 100 /- also..so buy at 100 /- & keep it for 1 year.. you will get 4 times return on ur investment...

Dear Sachi,

Tu ekdum "sachi" bolati he..

Guys,
There is a trend i have come across. Generally we retail investors do not have any idea as to what price we should bit at and hence we bid at cut off.....

Have a look at the final figures of subscription from nseindia.com for Mahindra Holidays IPO... Total bids at cut off is 65960 and total bids by retail at cut off is 65920. that means almost all of the bids that are at cut-off is by retail only...

Please STOP this..This IPO is good but the price is stretched... Hence bid at the lowest price so that they are forced to to decide the issue price at 275..

cheers

Dear Sachin,

Thanks for giving the good information. I really surprise how the company build just by selling memebership and fooling the people. This company stand only due to big corporate house.
So I decided to not to apply for this IPO.

Cheers,

Manish

very good returns ipo.

Very very super ipo but price 275 is good

IPO is definitely Expensive.
As Club mahindra has already have ~96000 memebers, and practivally they will add 400 rooms and hence next 2 yrs they can not add more than say 30000 members. Growth of new members addition will definitely decline. Last yr they have added 20,000nos. So profit will not grow manifold.

As they do not have debt, PE valuation is better than EV/Ebidta.
Wyndham resort in USA is available at 7x times earning. Sensex available at 17x times, 14x forward earning.

Why should club mahindra be valued at ~34x. And then If this Grey guys are to be believed we are getting Rs.50. So Grey buyer is buying at 40PE. Why should he value company at 40PE ? Earning growth ??? That is really questionalbe ??

Although relatively small money 300cr, Mahindra name, Front line bankers, issue will definitely sail through. And if close group buys it, counter may buzz with low liquidity for some time, till close group decides to exist.