Manaksia Limited IPO Message Board (Page 19)

retail jus 4.79 times enjoi, tis one is good issue ,should give rs.40 premium , google dont worry u can still give stop payment for ur chq

This manaksia is a s h i t and another empee sugar on the day of listing. I too applied for this issue by seeing the oversubscription of FII. Now my money is gone. ram ram satya hai

Hi Swaroop what are your thoughts regarding this issue. Will it give any returns?

Keying of bids has ended at 6pm.
Oversubscription data at 6.00pm today is as follows.
Retail Category at cut-off: 4.796times
Overall : 8.98times
Others : 11.33times (includes QIB’s, NII’s,)

Please note: Retail at cut off will be overstated to the extent of employee subscription as they have a reservation for 1lakh shares and they are also allowed to bid at cutoff. Hence retail subscription cannot be given exactly and exact oversubscription can be known only at the end of the when authorities compile and declare the data.

I am obtaining this data from official websites of NSE and BSE.

If retail subs is 4.13 then people who have applied for 600 shares should get around 150 shares approx!.
I hope this IPO gives us listing gains. Any comments for Precision Pipes?

can anybody tell at wat time subscription will be stopped

Oversubscription data at 4.50pm today is as follows.
Retail Category at cut-off: 4.13times
Overall : 8.73times
Others : 11.32times (includes QIB’s, NII’s,)

Please note: Retail at cut off will be overstated to the extent of employee subscription as they have a reservation for 1lakh shares and they are also allowed to bid at cutoff. Hence retail subscription cannot be given exactly and exact oversubscription can be known only at the end of the when authorities compile and declare the data.

I am obtaining this data from official websites of NSE and BSE.

Good points - Rajshekar (59.92.141.188)

Even though this stock is good for small listing gains

This is from RHP pages 112,113.
Mr. Debabrata Guha was reappointed as whole time director with effect from April 1, 2005.Pursuant to a board resolution dated 31, 2007, the salary of Mr. Guha was increased from Rs 10,000 to
Rs 50,000 with effect from April 1, 2007 till the expiry of his tenure:
Mr. Nadia Basak was re-appointed as whole time director with effect from April 1, 2005 pursuant to a board resolution dated May 27, 2005 . Pursuant to a board resolution dated May 31, 2007, the salary of Mr. Nadia Basak was increased from Rs 10,000 to Rs 50,000 with effect from April 1, 2007 till the expiry of his tenure:
These two whole time directors till April 1, 2007 were working for a a paltry or should we say princely Rs 10000 per month.Difficult to get an accounts assistant for that kind of salary.Wonder how the whole time directors can be paid such a low salary that too in a company having a sales of Rs 11169.15 million and a PAT of Rs672.17 million as on march 2006!!What do you people feel about the integrity and concern of the management for their fellow directors.Very STRANGE.

retail at cut off 3.20 times at 16=15 in MANAKSIA

The board is full of oldies.From the RHP pages 104 & 105 u can see as follows.
Mr. Rabindra Nath Sengupta chairman is 68 yrs young,
Mahabir Prasad Agrawal Nonexecutive Director is 69 years.
Basant Kumar Agrawal Designation:Managing Director 62 years.
Mr. Debabrata Guha Designation: Whole time Director 76 years!!
Dr.Kali Kumar Chaudhuri designation:Independent Director 62 years
Mr. Ajay Kumar Designation: Independent Director 62 years
Prof. Alak Ghosh. Designation: Independent Director 77 years!!!

They will come and sleep in the air conditioned board room while the management will pass whatever resolutions they want!!Our independent directors will say 'thank you for the tea and the sitting fee envelope'.God bless them and us.

Oversubscription data at 3.40pm today is as follows.
Retail Category at cut-off: 2.23times
Overall : 8.03times
Others : 11.26times (includes QIB’s, NII’s,)

Please note: Retail at cut off will be overstated to the extent of employee subscription as they have a reservation for 1lakh shares and they are also allowed to bid at cutoff. Hence retail subscription cannot be given exactly and exact oversubscription can be known only at the end of the when authorities compile and declare the data.

I am obtaining this data from official websites of NSE and BSE.

Dear All
Rush to your broker and give the forms immediately.
Huge subscription from qib category but retail not much.It will end in excess of 10 times for QIBs.Maybe 3-5 times for retail maximum.It means you have good allotment chances and premium listing.Rush before it is late.Brokers can punch orders online upto 6.30PM.Don't miss out.
Guaranteed to give you 30% listing gains.What more do you want with god allotment.This is like Advanta.You will repent later if not applying.

upto 15=30hrs retail sub. 2.15 times for manaskia ipo

1.571272727
in Retail till 3PM

Hi Swaroop,
what about its cut off time?

tanushree thanks for the detailed reply to my quaeries.
i really follow ur advise regularly

Hi Swaroop,

Thank you very much for the information about subscription details.

G.Srinivas Reddy

Can any one pls post the HNI's portion subscribed, it seems to be very low

Oversubscription data at 2.20pm today is as follows.
Retail Category at cut-off: 1.105times
Overall : 6.06times
Others : 8.68times (includes QIB’s, NII’s,)

Please note: Retail at cut off will be overstated to the extent of employee subscription as they have a reservation for 1lakh shares and they are also allowed to bid at cutoff. Hence retail subscription cannot be given exactly and exact oversubscription can be known only at the end of the when authorities compile and declare the data.

I am obtaining this data from official websites of NSE and BSE.