Multi Commodity Exchange of India Ltd IPO Message Board (Page 28)

Dear SAMEERCA, Why you are so negative on MCX IPO? And why you are always compare this IPO with R. Power, SKS and Va-tech??

Why you ignore Coal India?

You can not compare above said companies because they all are in different fields, they have their own profit and risk.

You can see turnover of NSE, BSE is increase day by day. Same thing is in MCX. Yet India's most of people not traded in commodity actively. So as per my view it is growing exchange you can see great return in short term and long term also.

One should be careful with this kind of IPO. Exchanges canb be "regulated" by Govt on public interest like as happened with SKS microfinance. Those who wants to ride on listing gains can apply, otherwise there are lot of good options available in secondary markets.

Discl: I am applying for listing gains after looking at QIB subscription figure.

1. the only 3rd company is last 2 years to get rating of 5/5 after coal india and probably L&T holdings

MOIL HAD A 5/5 RATING

PUNJAB & SIND BANK HAD 4/5 RATING


muthoot had 4/5

RPOWER HAD 5/5 RATING....

all the shares except coal india, whether 4 or 5 star were buchreed

I have couple of queries to all investors who are quoting negative news abt MCX on this forum:

1. Why foreign investors purchased shares at 1050/-.
2. Why the provision of 15% for anchor investor is kept
3. Pls note company is not coming as new issue..it is offer for sale and that too for complying statutory guidelines of commodoty markets
4. For last 5 years company avg CAGR is more than 40%.
5. In fact just to comlpy to statutory guideline of 50cr capital comapny issued 2:1 bonus and not put in more capaital
6. 50% dividend for last 3 years
7. Only 20 lacs shares for net public offer. rest all kept for QIB and institution.

anybody else wants to comment on this is welcome

1. foreigners even invested in IB POWER @ 45 they even oversubscribed to the IPO by 40 times. Can u ask them why they were not willing to buy on listing at a heavy discount to issue price.

2. Last year there was a negative growth, and before that a nominal growth of 10% (as per chittorgarh website data appearing in this forum)

3. dividend was rs. 5 per share for face value of rs. 10 . there are a number of good comanies available with better dividend yield in this country. Infact aveagre nifty 50 companies dividend yield is many times better than this.

4. As per SEBI law only 30% can be reserved for Retailers, there is nothing new about this clause in this issue. Reservation of 20 lac shares is because of this rule only.

5. If you think that the comnapny is coming out with IPo to comply with law, then why it called off its IPO two times when markets were not favourable... even after sebi cleasrance it withdrawn its IPO...


Beacause of good market conditions, it is coming now with IPO

JAAAGO INVESTORRRR JAAAGOOOOO

can someone tell me about the fixed assest value,tangible/intangible assests and CWIP value of MCX so that i can decide about the IPO

BHAIYYA IPO FINDERJI,

I DONT KNOW ANY GREY MARKET WALA NOR I AM INTERESTED TO DO ANY TRADE WITH THESE TYPE OF GUYS..

BUT IF U TRADE IN GREY MARKET, THEN U CAN BETTER TELL US WHAT WAS GREY MARKET BHAV OF RPOWER BEFORE ISSUE CLOSURE, SKS, VATECH ETC

Mr.SAMEERCA,

(a) Vatech got listed at a very good premium
issue price:- 1310 high 1806 closed price 1710
everyone made cool more than 5000 rs on a kostak

(b) SKS also got listed at more than 10 % premium and everyone made more than 6-7k

(c) Rpower got listed at par and then went into discount

not sure wat do u want to point here...

99 % of public goes for an IPO for listing gain

Only intelligent people keep the shares after listing and thats why they see the fate..

I HAVE NO PERSONAL INTREST TO DISCOURAGE RETAIL INVESTORS NOR DO I HAVE THAT BIG CAPITAL THAT IF RETAILERS APPLY LESS I WILL GET MORE...


BUT THE ONLY THING IS THAT PLEASE CHECK RETURN FROM IPO IN THE LAST 1 YEAR (SMALL, BIG, PSU, PRIVATE) EVERY SINGLE IPO HAVE GIVEN LOSS TO THE PUBLIC....

NOW ALSO CHECK CHITTORGARH FORUM MESSAGES, 80% OF THE BOARDERS WERE IN FAVOUR OF ALL THESE IPOS....

JAAGO INVESTOR JAAGO....

DONT BE FOOLED BY IPOS....

(BEFORE IPO CLOSURE IT LOOKS LIKE THAT ITS A VERY GOOD ONE... REMEMEBR RPOWER 10 KA 430, SABKO LOSS DIYA..

REMEBER SKS, VA-TECH WABAG, L&T FIN HOLD EVERYBODY CHEATED US ...

NOW THIS 10 KA 1032 WILL DO WHAT WONDERS U CAN IMAGIN...

dear friend sks,va-tech all gave the investors a good return during listing and threafter. it falls due to internal problem. the current rate of va-tech is only after split of face value 1:5 and in that context it is still above price. L&T fin HLD today crossed its issue price and expected to give a break out from this level

MCX IPO:- CONFUSION OF CIRCUIT, I EXPLAIN THAT IN PRE-OPENING SESSION THE CLOSING PRICE DECIDED AFTER THE 20% CIRCUIT PROVIDED
EXAMPLE:- IN PRE-OPENING SESSION PRICE IS 1400 THEN 20% WILL PROVIDED
SO 1400*20%=280 MEANS 1400 +280=1680 IS RATE

100 % agreed with Mahesh Jain

Those who think that it will list in discount can short the shares in grey market and make cool profit
because currently there is buyer of 360 rs per share

Dont misguide people.........

A person called SJ AND Sahranpuri asked to apply Sahranpuri said it is portfolio stock both disapperaed after SKS micro SJ though new tried to act smart and argued with Shreedhar bhai leave SKS apply MCX IF U DONT WANT to hold long sell after listing u will get good rate

Those who are spreading wrong about MCX IPO are doing to discourage other investors so that they can have more shares all shares are not like one eventhough SKS mICRO was recomended by everyone the great visionary shreedhar bhai said it will crash due to SKS micro collection methods and the mnicrofinace torture of people and AP govt will stop this It happened like that only and so it crashed but the same shreedhar bhai has told me to apply for MCX Apply with all; force no problems in this

SOME GUYS TOLD EVERYBODY TO APPLY IN SKS IPO AS WELL.............

BUT EVERYONE SUFFERED LOSS IN THAT IPO AFTER SOME TIME....

THIS MCX ALSO CALLED OFF ITS IPO 2-3 TIMES BECAUSE POOR MARKET CONDITIONS....

IF MARKET CRASHES YOU WILL GET THIS SHARE AT HEAVY DISCOUNT TO ISSUE PRICE...

MCX = SKS OF 2012

Buyer of 350 rs per share in MCX.
This is the first exchange,which is going to get listed

Bumper listing is on the cards, Those who has courage can hold on their applications and shares

Those who want to play safe can sell their application in grey market and enjoy cool 3700 profit in just 8-10 days

I want to sell 7 applications(2 lacs each) of MCX. please give your contact number.

I want to sell 7 applications(2 lacs each) of MCX. please give your contact number.

I am surprised to see that when market is bullish this company is charging more than 1000 rs. as premium and when market was down it was not even ready to bring its IPO.

This company looks like another SKS ......

Rs. 1000 premium for a Rs. 10 paid up share is toooooo much........

its a clear miss................

it will crash like SKS............


(bach ke rahna re baba bach ke rahna.....

yeh sabko barbaad kar dega.............

DEAR CHAMP CAN ANY BODY TELME IF MINOR WILL APPLY CAN THEY ALLOT SHARES ?

Dear Mr. Sharemarketwala ,Its a friendly disagreement to your statement as you seem to be a new boarder , the example in the recent history is SKS Microfinance , concept stock from Microfinance Industry , first/leadership listing from new Industry . Like you one reviered boarder here said portfolio stock . Rs. 850 stock was languishing at sub 100 level till recently .
Boarders take your own informed decisions as in a rouge and anarchic banana republic anything is possible , you may make listing gains and so can SEBI chairman . For caution applying at lower band could be best option .

true hyped stock.....look at other peer stock price also......bse share is trading well below Rs 200 even if its eps is around 20 and Pe less than 10. Applying the same logic.... Mcx should not trade above 600...even if u give it a premium for mkt leadership it cant be said to have any value in the price band declared

At the upper band of the price, what would be the P/E ratio of the stock ?

MCX IPO:- THIS THE BEST CHANCE TO INCLUDE IN THE LONG TERM PORTFOLIO
FOR EVERY CATEGORY OF INVESTOR, SO DONT SELL INT GREY MARKET BUT HOLD IN PORTFOLIO

very good stock to keep in ur portfolio...