Emaar MGF Land Ltd IPO Message Board (Page 16)

very well said nainesh ......
its always true, tht though risk has to be taken to earn bt why t jump in a dark well on ur own ....
risk nd reward must go hand to hand .....
here, reward that we mi8 get a gud listing is very low..., whreas the risk tht it mite give substantial loss is high ...

what if markets fall further ???

What is the role of Registrars and Lead Managers? If the ipo is not fully subscribed, are they liable to put money to make it fully subsribed?

those who have applied will have to bear the loss. specially those who have applied online and money has been debited for them so they can only pray god nothing else they can do. others who have applied in paper form can still get out by stoping their payments. those who have gone for more than 2 or 3 lots should definately go for stop payment option. Remember one simple rule in stock market. " doesnt matter if you dont earn, atleast you should not lose" thats the key to earn. IPOs will come and go. why dont you wait for a better one to come ??? why to take risk hmm... ?????? i will answer all your queries if any .......

What if again the ipo is not fully subscribed on 11th Feb? How about the refunds? When will we get?

Emaar MGF extends IPO time period till Feb. 11

hi ,

i have applied using online trading from icicidirect.com , how do i cancel or edit my ipo aplication .

Thanks in adavance

EMAAR MGF IPO EXTENDED TILL MONDAY 11/02/08 AND THE REVISED PRICE BAND IS RS. 530/- TO 630/-.

Emaar MGF extends IPO time period till Feb. 11

I have already applied to this IPO on price band of Rs. 630/-. How can they adjust on price bannd of Rs. 540

Thanks 277
But as u said this is not a vegetable market so keep ur mouth shut

kya main cheque stop payment karwa lu ?

Dear all.... now it has come to doing our part.... pls. stop payments of all your cheques, beat the living hell out of your broker or trading firm, for making you subscribe to such a dirty company. I think Mr. tulsian has said the right thing, the promoters think it is a vegetable market... keep lowering the price band until all your goods are sold.

Withdraw immediately, after all... it is our hard earned money !!

I SUGGEST ALL WHO HAVE APPLIED IN THIS IPO TO MAKE STOP PAYMENT OF THEIR CHEQUES TOMMOROW BECAUSE OF THE FOLLOWING NEWS I AM DOING THE SAME.

Emaar MGF IPO extends by 5 days to Feb 11
2008-02-06 17:48:22 Source : moneycontrol.com
E

Low subscription on the last day has forced Emaar MGF Land, a joint venture between Emaar Properties PJSC of Dubai and MGF Development Limited of India, to extend its issue by five days with the permission from market regulator Sebi. Now the issue will close on February 11 instead of today, February 6.

The company has come out with its initial public offering of 102,570,623 equity shares. It also revised its lower end of price band to Rs 530 from Rs 540, so the new price band is Rs 540-630 per share from the earlier price band of between Rs 610 to Rs 690 per share, considering the prevailing market sentiments and the developments in the financial markets in India and globally.

The issue was supposed to close today. It has subscribed 0.60 times, till now, as per NSE website.

The issue proceeds will be used for part payment towards the acquisition of land and land development rights and related approvals for its ongoing and planned projects, the development and construction costs for project Palm Drive in Gurgaon and repayment of loans.

The global co-ordinators and book running lead managers to the issue are Enam Securities Private Limited and DSP Merrill Lynch Limited. The book running lead managers are Citigroup Global Markets India Private Limited, Goldman Sachs (India) Securities Private Limited, HSBC Securities and Capital Markets (India) Private Limited, J.P. Morgan India Private Limited, Kotak Mahindra Capital Company Limited and ICICI Securities Limited

Hi Guys,

Sorry for posting the same question again. But does anyone know if it is possible to withdraw from the IPO. Now that the lower band prices have dropped and that the issue is open till Monday I would like to take my chances and try to get out of this. Does anyone know if it is possible to get out of an IPO after subscribing for it?

Thanks in Advance

Emaar-MGF IPO to be extended till Monday: Srcs
Likely to cut price band for the 2nd time: Sources
Lower price band cut to Rs530 vs Rs540 earlier: Srcs

Finally lower subscription on the last day has forced Emaar MGF Land, a joint venture between Emaar Properties PJSC of Dubai, and MGF Development Limited of India, to exted its issue by four days. Now the issue will close on February 11 instead of today, February 6, is likely to be extended its issue date, reports CNBC-TV18 quoting sources. The issue was supposed to close today. It has subscribed 0.60 times, till now, as per NSE website.

It has come out with its initial public offering of 102,570,623 equity shares. It has refixed the price band to between Rs 540 and Rs 630 per equity share of Rs 10 each from the earlier price band of between Rs 610 to Rs 690 per share, considering the prevailing market sentiments and the developments in the financial markets in India and globally.

The issue proceeds will be used for part payment towards the acquisition of land and land development rights and related approvals for its ongoing and planned projects, the development and construction costs for project Palm Drive in Gurgaon and repayment of loans.

The global co-ordinators and book running lead managers to the issue are Enam Securities Private Limited and DSP Merrill Lynch Limited. The book running lead managers are Citigroup Global Markets India Private Limited, Goldman Sachs (India) Securities Private Limited, HSBC Securities and Capital Markets (India) Private Limited, J.P. Morgan India Private Limited, Kotak Mahindra Capital Company Limited and ICICI Securities Limited


Gain in private placement

Invest in IPO before they’re opened in public for handsome returns.

Ads by Google

WHAT IS THE LATEST POSITION OF THE IPO?

DEAR AKKA,

I fear withdrawl by FII's & FI"S the same thing happened in Cairn IPO, ENENTHOUGH my wish is that you right.

regards
AKA

How can I check IPO bid-subscription figure in NSE.