Meghmani Organics Limited IPO Message Board (Page 2)

Source: Moneycontrol messageboard

Because in Singapore it is trading at 0.42 Singpore dollors per share. I have some reports that this price should be doubled to get the value of Rs. 10/- paid indian shaRE.

Now Currency exchange rste is 26.50 INR for Every SIN. Dollor.

Therefore the fair price should be 0.42*2*26.50= 22.30 only and not rs. 30/-+ as u told in your comment.

As far as grey market rates in India is concerened, this is purely on demand supply basis. Maximum HNI people sold this share @ 4-5 per share assuming that this will subscribe by 2-3 times only.

Now there is no supply from HNI side, infact they want to cover there psoitions and therefore the scrip is quoting such high prices in grey market.

One more reason is that looking at the recent listings, retailers dont want to sell there share sfor a premium of less than rs. 10/- per share.

FAIR LSITING PRICE 22-23 AND EXPECT HARD SELLING FROM OPERATORS AND QIBS.

strong buyer in grey market 18 rs target of 45 at listing day

ABCD

Where from did you get that information

Yes I got the refund back (Delhi) ... Applied for 700 Got NIL.....

Meghmani LIsting on 28th June

did any body get refund on delhi? plz let me kow as soon as possible i have applied for icici on behalf of ecs returnin by tuesday

Thanks. Any body is interested in selling the allotments at the price of Rs.30? Atleast Qty : 1000 shares.

it will list between 30 - 35 range if mkt is strong
if mkt is down it will list above 26-33 range.
not at all happy with allotment system.stock will move up like time techno & mic after 2 days of listing.

yes i got the refund by post thanks.

I am interested in buying this stock on listing. Does anyone know when is the lising and what is the expected grey market premium? Pls give me in the reange so that I can invest accordingly.

Is any one got refund in B'lore? By ESC or Check?

Hi All,

I have applied Through Sharekhan for 2100 offcourse i have alloted 0 shares,

When i will get the refund amount and is it directly credited to my bank account (asusual as my previous ipo refunds), or is it like they will send a chequ through post.

I am in UK now, so this will create a big problem for me.

Can any one please response on this ...

did ani badi gt refund in delhi

such dreadful allotments does not happen with karvy and bigshare online

it is waste of time and money to apply for issues of intime spectrum,this registrar is making millions by cornering retail quota through bogus demat accounts and selling the same
after listing.we should file complaint with sebi

Got refund by speed post on 22nd

Yaar ... Kya dekh ke allott karte hai..!

i seems 2 b a luckyman.i got 350 shares while applying for 2100.can anybody tell me its premium in grey market or where it would list & when?

i am so lucky i got allotment of 350 shares while applied for 2450 shares

what is the listing date ? can anyone tell me ?