Midfield Industries Ltd IPO Message Board (Page 5)

I am an NRI worked with Midfield for 5 years.
I wish I knew before that Midfield went for IPO.We NRI's would have had Mifield subcribed another four times.
That company has great potential from day one.
Unfortunately it had working capital constriant.Now the sky will be the limit for the company.
1)Mr Madhu Mohan Reddy is the best boss to ever work with.
2)Mr Reddy is very experienced and skilled in this feild.
3)Mr Reddy has been in this business for the past 30 years
4)This company has great dreams of expansions throughout the world with many more project plans.
5)This company has a very good and big customer base.

I wish GOOD LUCK to Midfield Industries and Mr Reddy for a bright and prosperous future and wish to be associated.

Peer Analysis (As on 15/07/10)
Company Name CMP Sales PAT NPM EPS P/E
AMD Industries 24 --- 111 6.54 5.88 3.4       
Bajaj Steel Inds 217 210.93 10.0 4.75 45.5 4.8
Glory Polyfilms 15 113.71 4.5 3.95 1.8 8.7
Hitech Plast 91 158.80 13.7 8.66 10.5 8.7
Midfield Indus. 133 90.37 8.1 9.01 9.78 12.9
Polyplex Corpn 298 241.21 56.1 23.3 35.1 8.51
TPL Plastech 52 73.15 4.58 6.26 5.9 8.96

See the PE ratio and one can guess the listing price. May be one can take listing gain. But after some time the price will come down.

Buy Kei Ind ( 517569 ) @ 31.9 - 32.9 tgt 38 3 - 4 days

Yes even i have heard about Indo Wind announcement. They are in talks with a European PE firm for Stake acquisition......good buy at current levels

midfield gmp cross rs.20/21

SUBSCRIPTION FIGURES INCLUSIVE OF NOR OF BIDS
Midfield Industries Ltd
Subscription Levels @ Rs.133
            
Subscription
QIB        2,250,000        4,190,050        1.86
Non-Institutional 675,000 32,675,100        48.41
Retail        1,575,000        21,283,100        13.51
                    
                    
Total 4,500,000        58,148,250        12.92


~ No of Bids 36,000+

Returns are not going to be much when the retail portion is subscribed so heavily as it is here. If the retail portion is like as in Hindustan Media and if the other portions are heavily subscribed, then there will be bumper harvest. See what happened in a good issue like Technofab.

you are right Srini, i applied for 13 lots based on negative news otherwise i would have gone for full. look at hmv listing..ppl got 15k on 1 lk applicatio who dared!!!

I have applied only for 2 lots as lot of people in this site was negative, otherwise I would have gone for 1 full application, when there was a premium of 17-18 in greymarket dot in I should have blindly gone for it. My sad. Hope for atleast 1 lot of allotment.

approx. 57 to 58 share per one big appli.

kaha gaye wo log???????????? jo ipo nahi bharna ki advice de rahe the. kisi pe bharosa mat karo apne dil se jo thik lage wo soch samjkar decision lo. ye sharemarket ka bhagwan bhi bhavishya bata nahi sakte to hum/tum koun hote hai kisi bhi compant ke bare me bhala/bura likhne wale acche ipo aa rahe hai ipo bharo listing day profit leke nikal jao jo ghar me aaya wohi profit... wishing happy investing for all bhartiya retail investors

HI ,ANURADHA

ANU KYA MIDFIELD TUNE APPLY KIYA HAI?

REPLY....

PRINCEEEEEEEEEEEEEEEEEEEEEEEEEEEE

had bought substantial amount , thankful for the large subscription ! cheers !

FINAL FIGURES

QIB -- 1.86
HNI -- 48.41
RETAIL -- 13.51
TOTAL -- 12.92

DEAR PRINCEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE.
RETAIL.12.82 TIMES.

full chor bazari from bse counter,due to transparancy, nse sight showing subscription data, QIB 1.46+HNI 8.00+Retail 5.39 at 6.00PM but bse is blind, Think QIB perheps 2-3times only,retailer 13 times, What a manuplation

hni 55 times
retail 2 time

HI,FRIENDS

KOI BATA SAKTA HAI

QIP = ?

HNI = ?

RETAIL = ?

KITNA SUBSCRIP HUA HAI..............

PRINCEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Retail will get Around 55 Shares on Full Application / Pre-issue Short Sellers trapped / Should opened at 40-50 Rs. premium

jitna bharana he bharne do.. it's not trustful issue....money will blocked in this issue and people will not apply in another 2 good issue....i will surely apply in Engineers India and SKS micro finance co.