Man Infraconstruction Ltd IPO Message Board (Page 22)

man infra=== price band 210-240,,,,,& premium---30-35.

Price band has fixed 210 to 230.

DEAR BOARDERS,

PLEASE FORGIVE ME
BECAUSE , I HAVE WASTED THE VALUBLE SPACE OF THIS BLOG, & VALIBLE TIME OF YOU
TO POSTED PREVIOUS SUCH LONG & SENCE LESS MESSAGE

BECAUSE I AM ASTUPID & FOOLISH PERSON

THANKS .

Message 23 was taken from an article dated October2009 and it was expecting an Issue price of around 215.Hindu businessline is saying the Issue is atractive till the offer price of 400.So lets see what is the Issue price of Man Infra.Those who have stopped cheques for ARSS will be getting more returns in Man Infra as compared to ARSS since allotment is not confirmed in ARSS and even if confirmed max profit will be 4500 even if it lists @800.As Man Infra is a bigger Issue & most of retail investors have applied for ARSS so they will not be having enough capital for Man Infra.The chance of allotment of more number of shares is greater in Man Infra.
Disclosure--I had made 6 full applications in ARSS but stopped cheques for 4.Now waiting for REC & Man Infra to get better returns.

Standard Chartered Private Equity (SCPE) and Sabre Abraaj-backed construction firm Man Infra is looking to raise over Rs 120 crore through its public offering.

The company has filed its draft red herring prospectus with the Securities and Exchange Board of India. The issue only comprises fresh issue of shares and no sale by any existing investors. SCPE had invested in the firm early this year through two separate funds.

The issues comprise sale of 5.6 million shares of which net issue to public would be around Rs 5.4 million. The pricing is yet to be disclosed but it likely to be over and above Rs 215 per share.

Both Sabre Abraaj and SCPE had invested partly through fresh issue of shares and partly through sale of shares by promoters. Sabre Abraaj’s SA 1 Holding Infrastructure had invested Rs 83 crore in August 2008 and holds 9.23% currently. SCPE, through two funds, is estimated to have put in around Rs 60 crore to pick 6.91% stake in the firm.

The average price of acquisition for both the financial investors is pegged around Rs 200-205. So the management could be looking to give an upside of around 5-10% in the issue price. This is not significant given the sharp movement in stock valuations across sectors in India. In fact, the BSE’s benchmark Sensex has doubled in the last six months.

The promoters of Man Infra (Shah family led by Parag Shah) will own around 63% stake in the firm post IPO as against 71% currently.

For the year ended March 2009, Man Infra had consolidated revenues of Rs 594.2 crore against Rs 236 crore the previous year. Net profit had more than doubled to Rs 82 crore from Rs 32 crore in 2007-08. But for the quarter ended June 2009, revenues had shrunk 28% to Rs 114 crore compared to same period last year and profits or the quarter was flat at Rs 20 crore. As of June 2009, more than two thirds of the outstanding order book of the firm of Rs 1,086 crore was in residential projects (half of which in turn was for slum redevelopment

ARSS - LATEST PREMIUM ARE - RS.200 TO 225.
IS GOOD LISTING PLEASE WAIT.

ALL PUBLIC SECTOR COMPANIES HAVE GROWN WITH THE HELP OF PUBLIC MONEY SO GOVERNMENT SHOULD AT LEAST GIVE SOME THING BACK TO THE PUBLIC.AFTER ALL PUBLIC PARTICIPATION IS NEEDED FOR HEALTHY MKT.IT SEEMS GOVERNMENT IS BENT UPON OMMITING RETAIL PARTICIPANTS.

i think infinite sollution is good at current market price,whtas your opinion and pls suggest me gmp of man infra

man infra is good ipo as good as arss infra so subscribe without any fear or penic

From the list 3 are real estate company while remaining companies are fairly good companies.If the valuations are right then we can look forward to decent sized good issues.

Coming soon-Following IPOs,
Ambiance Limited
Shree Ganesh Jewellery House Limited
Lodha Developers Limited
IL & FS Transportation Networks Limited
DQ Entertainment (International) Limited
PNC Infratech Limited
Nitesh Estates Limited

koi bhi infra ke ipo me invest karne se pehle sochna.price band jarur dekhna.

Hardik,You can withdraw 2 applications from ARSS.You can apply for Texmo & also buy ARSS at opening.You will get more gains if you buy ARSS after listing.Also if REC issue is reasonable you can apply for it.REC has come to reasonable valuations now.If pricing is right we can have a look at it.

price band could be in the range of 260-290 range as i could get by reading the prospectus of the co. but i also fear that i might be 310-330 if promoters want to leave nothing looking at ARSS figs. so above 310 avoid i think.

it will surely give handsome returns on listing.... confirmed

Jago Indian Investors Jago! Only beware from Govt. PSU

Govt. is not happy with SMALL LOSS TO INVESTORS in NHPC and NTPC. He wants more and more loss to investors.
Keeping in view the point, Govt. is coming to LOOT the investors in REC, SAIL and NMDC @ maximum rates.

Earlier, so many times I have told that Sell NHPC (Nahi Hai Public Company) @ 35/ - 36/-. Because this is maximum rates on which Govt. has LOOTED the investors. I have also told that Govt. is now planning to LOOT in NTPC, REC, NMDC, SJVNL, SAIL etc.
Govt. is not happy with small loss to investors in NHPC. Govt. want that there should be more and more loss to investors and accordingly Govt. will fixed all the price band in forthcoming IPO / FPO. For example, NTPC price band is Rs. 201/-.
Post listing you will never see the price of Rs. 201/-. But Govt. will be happy as his planning is to LOOT the investors.

Overall, only U will be cry but no one will bother for you. Only, I have sold all the NHPC @ 36/- as I never believe on Govt. Ultimately SEBI, Merchant Bankers, Registrar’s all are brother of Govt.

Further, Govt. is planning to take dividend @ 40% from NHPC and NTPC Shareholders so that there may be more and more loss to NHPC and NTPC shareholders.

Hence, once again HAPPY LOSSES to all those, who have applied in NHPC and those who are planning to apply for forthcoming PSU IPO / FPO’S.

Is there anyone in India, who can have question to Govt. that why he is LOOTING to public?

sir.......
maine arss infra me 54000 ki 4 application ki hai to mujhe kitne shares alot honge.....

primiume kya chal raha hai..........

GMP 165 app 2050

arss in retail 8.48

Fundamentals of Man Infra are good and they also have executed their projects on time................
But wait for the price-band before taking a call on it,bcoz if they are offering at an expensive price then the fundamentals does'nt come into play. (Eg-Adani Power.NHPC,NTPC,Godrej Properties etc)