Multi Commodity Exchange of India Ltd IPO Message Board (Page 27)

Very poor ipo listing only in BSE and 10% cirket .

retail discount hai kya.

keep money in hand look subscription(QIB&retail) then apply on last day.sks flop hua to coal india hit hua . pichle ipo se koi farak nahi padta pichle saal ke max ipo over priced the smart invester ne usme invest nahi kiya aur baki yaha ro rahe hai. ipo agar acha hai fair prise pe hai to profit hoga hi.

Recently CRISIL has given recommendation (IPO Grade 5) but even though it is trading below its IPO Price i.e.., MOIL, NHPC, INDIABULLS POWER, RELIANCE POWER....etc.

coal india kyu bhul gaye

Next year lot of new comodity exchange going to open ,so compitetion will going to start .. But i am following Sreedhar-Formula and watch closely qib figure last day and keep option open to withdraw application after closure.

from below article in businessline sunday edition it can be clearly seen that MCX has only bright future the bill enactment of forward contracts will only add more benefit as FIIs can also invest so more volumes agriculture trading contributes very less so no problem of govt control as in SKS Micro
In concern businessline said STT but STT in NSE BSE did not decrease volumes instead they are at high so future is bright
This I m writing from what Shreedhar bhai told me about the issue he has given strong recomendation for this issue as he is not posting in chittorgarh i am posting his ideas
remember it was Shreedhar bhai who asked to buy L&T finance at 46 and also predicted the fate of SKS micro etc
It is upto the people to follow hindu business line or people who give irresponsible comments to avoid without giving any reason some tell moneycontrol how ipos did they forget Jubilant food tree house lovable lingerie coal india which are all new ideas and whose shares are not availble sks micro had govt control problems

It is time we should write to SEBI that if SEBI wants to protect small investors then rating agency should rate the IPO after the company fixes the price band. Rating agencies should also be asked to explain how they have arrived on their rating and also what should be the price band from their view. This information should be available on the SEBI website. The rating agency should be debard if the price falls more than 10% from their assessment on listing. We can also ask for rating from at least three rating agencies which can give us complete picture of the IPO.
Anyway I find new guidelines of SEBI more risky for small investors. Taking price band into consideration, I find this IPO not worth even grade 3. Grade 5 rating can be easily bought by the company. After all where is the accoutability of rating agency. Anything can be bought in India with money so can be the rating agencies & their grades.

So a Grade 5 company does not have NSE listing......Company won't vanish but after few days it will be a dull stock as you can see for most of the ONLY BSE listed companies.

1032 is too high. means a PE of about 25 - 30. Its stock exchange failed to launch....

should avoid

GRADE 5 MEANS STRONG FUNDAMENTALS, BUT THIS DOES NOT TAKE INTO CONSIDERATION PRICING OF THE IPO. SO IN SOME CASES, A GRADE 5 COMPANY @ 1032/- MAY BE COSTLIER COMPARED TO A GRADE 1 IPO @ 10/- PER SHARE.

YOU HAVE TO COMPARE PRICING TO THE FUNDAMENTALS. EVEN IF RPOWER COMES AGAIN FOR FPO, THE RATING AGENCIES WILL GIVE THEM A GRADE 5 BECAUSE OF BIG PROMOTER NAME , EXECUTION SKILSS ETC BUT AGAIN IT DOES NOT MEAN THAT THAT FPO WILL LIST GOOD...

Grade 5 indicate that co. Will not disapear or vanish or runaway overnight with public money .not for listing gain guarantee.

Oh. seems admin deleted a good link I provided. nmaybe they thinking it as spam.

Nevertheless.. I wanted to say that don't invest in MCX IPO just because it is a grade 5 IPO... just look at the 2011 IPO returns

I completely agree with 89. Sanjeev sood... there's no need to be so positive about this IPO. One can check the records of 2011 IPO on http://moneyvriksh.com/blog/2011-ipo-returns-and-analysis/ and can easily get idea how sham people were made by IBs. So what MCX is grade 5 ipo?

MCX IPO
EPS Rs.35
Price Band 860 to 1032
Highest P/E fair value Rs.500 to 600
Very Costly Enter in to primary market for benefit of good market]
Investor May Be Losses In This IPO
Grade 5/5 Means Loot Sake Itna Looto [Reliance Power] [L&T Finance Holding] [Mahindra Holiday Resorts]

Neghter only small investors but S.B.I also lost 850 carors in ipo.

as told by sanjeev, its true thers lots of manipulation goin in market and let me tell u the forth coming ipo company is no less its an (***hole one as told by its members itself)kind of compny and all r interested to wash out the money from retailers pockets,banks etc...


SO LETS FIGHT AND REMAIN CAUTIOUS

This message is dedicated proponents of MCX IPO .

There is suffecient data available in ipo section of moneycontrol to show how the IPO's in general fared .

Flip(sell) on listing was the last resort with retailers , but in the last few IPO's when all bhukhads are rushing to sell in first few minutes of listing ( including institutional bhukads) there is hardly any listing gain left . In fact there are listing discounts in most and that too sever

This forum is retailers and they should extensively discuss all negatives , make a pressure group , to get issues at the right price. In the contrary this forum is hacked by bhadva ( brokers like ) characters who give price bands ( 1000+ to 1000+ in MCX case )fortnight in advance , to prepare a ground for retail slaughter . and when the issue is priced at 800+ --- to 1000+ , they start harping on imaginary discounts in the lower band . None of such people talked of pe ratios , nav , financial for such preposterous premium.

Lastly the account books and auditing itself can be stage managed as I observed in many of the issues , last three year data ( mandatory as per SEBI guidelines ) is window dressed , once the listing is done and auditors accountability increases , real face of the company start showing .

If one escape from above , the Govt may grill your hapiness as in case of SKS microfinance , and latest in Coal India.

I want to know New Listing Guide Lines are Applicable on MCX IPO. Means 10% maximum gain on Listing Day....

Please Clear It

Very importants information regards MCX IPO :- The Court of Addl chief metropolitan Magistrate , Bandra ordered to inquiry against Safal National Exchange promoted by Mother Dairy and Financial Technology and MCX as per the complain filled by the Drishti Multi Commodity Private LTd. for misappropriation of Membership Deposits and not providing electronic platform of trading as promised by the company , and the Promoter (MCS and Financial Technology) threaten to opt the membership of another company membership otherwise all the deposit will be forfeited , now the court has order to inquiry the matter and report the matter before the magistrate .

Few facts :-

Mother Dairy has also suffered a loss of rs . 25- 35 cr. in joint venture with MCS and Financial Technology , and before closing the joint venture with mother dairy , they starts a new commodity exchange for the similar products and starts to offer the existing member to convert the membership from SNX to new Exchange ,

Its Clearly indicate the intention of Fraud at very initial level of starting the Joint Venture ( SNX) and Mother Diary has suffered a loss in the Tune of more than 25 cr. ,

Question arise why the official of this Mother diary has not objected of start of new exchange by the their one of the promoters ( MCX and financial Technology ) , and even not signed a non - compete agreement and suffered a huge loss, even after starts a new spot exchange in duration , and Management of Mother Dairy has not initiated any legal action for such wrong doing ?

inflation has been corerelated by agriculterer tradind in past ,so any ban on it in future effecting valution mildely but w'dnt be like sks .

5 rating ipo R.Power 60% ,MOIL 30% Discount L&t fin now rate to rate but dip 20% discount Coil india 50% gain, but MCS good ipo 20 to 30% gain possibel.