Multi Commodity Exchange of India Ltd IPO Message Board (Page 25)

quite a few ppl are comparing MCX with price of BSE stock...can anyone help me where does bse stock trades....i have never seen it in my tracker...

Retail Subscribed 0.22 times by 12 noon. Overall 0.09 times. Is this going to be tbe Blockbuster of 2012 or will it bust our dreams?

0.55 Completed in retail.

any comments on MCX IPO?

Simply apply

what is brokerage & incentive per form ?

Imortant information Regards MCX IPO Against our complaints by MCX :- This is with reference to your email dated February 20, 2012 (“Complaint”) sent to the Securities and Exchange Board of India (“SEBI”) which was forwarded to us by SEBI on February 21, 2012.

In the Complaint, it is alleged that the Red Herring Prospectus dated February 10, 2012 (“RHP”) does not include disclosures in relation to the Complaint. Further, you have requested to make proper disclosure about the Complaint in the RHP and give necessary information to the investors.
In this regard, please note that MCX has issued a Corrigendum – Notice to Investors dated February 21, 2012 (“Corrigendum”) as supplement to the disclosures included in the RHP. The same has appeared in all editions of Financial Express, all editions of Jansatta and Mumbai edition of Loksatta on February 21, 2012. The Corrigendum includes disclosure relating to the Complaint and the same will be disclosed at the time of filing the final prospectus with the regulatory authorities.

MOIL, govt.Psu, 5 rating ,oversubscribe 70 times now 30% discounted rate.

This Guju promoter is following closely another Guju promotor called D. Anil Ambani , who sold toilet paper called Reliance Power to gullible investors . Same hype , same reviews , same grey market stories , stories of increasing premium , huge over-subscription lot of Institutional interest , But ultimately proved to be something to wipe your Tarbooz after morning ablutions .

But Since Sreedhar recommended , who is most coveted boarder here , his views has to be respected .

Even INdiaBulls POwer had hugh subscription from QIBs around 40-45 times but on listing day was hammered badly. All the big mutual funds were buyer at top price band.

None of those big names come to rescue the scrip on listing day. on listing day, NIFTY was up 100 points but IndiaBulls was down 20%.

One should check valuations before applying and should not be carried by hype created by the meadia which is very much mamnaged in rising markets.

http://www.moneycontrol.com/news/ipo-tip/ipo-scan-multi-commodity-exchangeindia_671703.html

MCX allots shares worth Rs 96 cr to anchor investors
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New Delhi, Feb 21 (PTI) Ahead of its Rs 663 crore Initial Public Offer scheduled to open tomorrow, the country''s top commodity exchange MCX today allocated shares worth Rs 96 crore to a dozen Anchor Investors for the IPO.
The anchor investors, who are generally institutional investors getting a preferential treatment by way of getting shares allocated a day in advance of the IPO, included global giants like Blackrock Global Funds, Deutsche Securities, Kuwait Investment Authority and Credit Suisse.
Besides, domestic entities like Tata AIG Life, Canara HSBC Oriental Bank of Commerce Life Insurance, ICICI Prudential, Birla Sunlife and Sundaram Mutual Fund also figured among the 12 Anchor Investors for MCX IPO.
Under the Anchor Investors portion of the public issue, a total of 9,26,606 equity shares were subscribed today by these investors at a price of 1032 a piece, the top end of the price band of Rs 860-1032 for the IPO.
Sources said that the portion reserved for the anchor investors was oversubscribed multiple times and bids worth thousands of crores of rupees were received for these shares.
MCX will hit the capital market tomorrow with an estimated Rs 663 crore initial public offer (IPO), pursuant to with it would become the country''s first ever exchange to get listed.
The bidding for shares in the IPO -- the first in the year 2012 -- will open tomorrow and close on February 24, when the public shareholders would be able to bid for the shares.
Sources said that the demand is robust for the shares, as gauged from the huge premium being commanded by them in the grey market.
The IPO has also received favourable comments from various brokerage firms and equity research entities, while a robust demand was seen from anchor investors as well.
The total number of shares available under the Anchor Investor portion was 9,26,606 equity shares and their allocation was finalised by the IPO Committee of the MCX''s board at a meeting this evening.
Out of the total Anchor Investors portion shares, Wellignton Management Company, Blackrock Global Funds and Kuwait Investment Authority were allocated 10.29 per cent each, while Deutsche Securities, Tata AIG Life, Canara HSBC OBC Life, Acacia Conservation Funfd and GMO Emerging Domestic Opportunities Fund got 5.39 per cent each.
Besides, ICICI Prudential Mutual Fund and Birla Sun Life got 10.46 per cent and Credit Suisse 10.78 per cent.
Four different schemes of Sundaram Mutual Fund were also together allocated 10.46 per cent shares of the Anchor Investors portion.

market informers says that anchor investor subscription is over 40 times. GMP raises to 500/- per share. listing expected now at 1700/- as quoted in a leading mid day gujrati news paper.....

before posting such posts...plz read this analysis...perhaps the best and most rational analysis...
http://www.moneycontrol.com/news/ipo-tip/ipo-scan-multi-commodity-exchangeindia_671703.html

Those who are short of money can use IPO finance option

You can get ipo financing from edelweis/Karvy etc

They will take 10k rs for 1 application as security and charge 1000 rs per application
if u sell application in grey market then u will get 3500-1000(given for finance)
So u can enjoy 2500 rs per application without any tension on a single account.

Wat an idea!!

CM 50/100

http://www.capitalmarket.com/ipocentre/nimshow.asp?code=25746

ipo finder thanks for ur response .yesterday i read on application .thanks for ur reply

Dear Sreedhar,
Very happy to see your post about MCX. Please continue posting. Many silent boarders like me benefit from your posts. Thanks

Dear Sreedhar,
Very happy to see you back. Please continue posting. Thanks for your guidance on MCX.

THIS ISSUE WILL HAS COME AT AT TIME WHEN NIFTY IS MAKING CONTINUOUS GAINS FOR 6-7 WEEKS....

EARLIER IT DEFFERED ITS IPO FOR 2-3 TIMES...

ACCOUNTS ARE FORGED BEFORE IPO IN EVERY COMPANY....

OTHERWISE FROM FY 09-10 TO FY 10-11 THERE WAS A NEGATIVE GROWTH IN TOP AND BOTTOMLINE BUT JUST BEFORE IPO, TURNOVER IMPROVES THAT TOO WITH EXTRA PROFITABILTY, SAME LIKE SKS...

AND EVERY EXPER CALLED MOIL A SUPERHIT.... NOT A SINGLE GUY WAS AGAINST MOIL.... BUT TODAY EVEN AT A 5600 NIFTY THE STOCK IS STILL IN RED.....

THIS MCX LOOKS LIKE ANOTHER SKS, MOIL RPOWER, IBPOWER IN MAKING....

WAISE BHI, CHECK THE LIST OF IPOS EVERY SINGLE EXCEPT COAL IS IN RED....

THOSE WHO CAN TRADE IN GREY MARKET SHOUD SELL OTHERWISE BE OUT OF THE IPO GAME...

why this issue will be not listed on NSE.It may distract some ivestor.it should be listed on NSE

GST to boost commodity bourses growth: MCX
Press Trust of India / Kolkata Feb 20, 2012, 17:01 IST

The proposed Goods and Services Tax (GST), which is expected to come into effect from next April, would address many taxation issues faced by the commodity bourses, a top Multi Commodity Exchange (MCX) official has said.

"I understand GST will be the solution to many of the concerns pertaining to taxes," MCX MD and CEO Lamon Rutten told PTI in a pre-IPO meeting.

GST will also bring uniformity across the country in taxes or charges levied on bourses," he said.
There are a few states which levy taxes on commodity futures trading.

Rutten said futures instruments were treated as physical papers and not financial instruments despite being hedging tool. The non-agri commodity futures attract excise duty.

It is expected that the GST roll out will also encourage official financing into the commodity bourses.

Rutten is optimistic about the future of commodity bourses and said business volumes would jump once banks were allowed by RBI to hedge their exposures and introduction of other derivative products like options in commodities and indices.

A bank' participation requires RBI's approval, while amendments to the Forward Contract Regulation Act (FCRA) is equired for introduction of 'options' products.

Meanwhile, MCX will hit the capital market on February 22 with 6.4 million shares from its existing shareholders.

Geenral public be warned that every todm-dick-harry and so called experts will give their opinion, but do take best care of urselves, because it is your money you are investing. Go with subscription figure to get an idea whether to subscribe or not.