MindTree Consulting Limited IPO Message Board (Page 4)

If the stock goes above 600, sell the stock and make profit. According to Market Analysis, stock market will remain volatile for another next few months and markets may take further dip. So better to book profit than to worry later.

Wait for Rs 900 & above to book profits on MindTree
2007-03-06 16:25:58 Source : Moneycontrol.com

MindTree Consulting is an international IT and R&D Services Company that delivers business and technology solutions through global software development, will list on Wednesday, March 7, 2007 with 3,72,88,537 shares on the bourses.

Experts feel that MindTree is a good stock for long term. One should wait for Rs 900 level to book profits.

Jagdish Malkani, Member NSE is of the view that MindTree Consulting is a great pedigree stuff. Timing of its opening may not be terribly fortunate. It’s got superb management under Mr Soota. I am sure it’s a great stock.

Manish Bhatt of Prabhudas Lilladher feels that it is a good stock for long term and one can accumulate the same at lower levels.

RS Iyer of KR Choksey Securities believes that MindTree Consulting will list around Rs 600-700 and above due to weakness in the market otherwise its listing price should be above Rs 800-900. Investors should not panic and sell tomorrow if it lists around Rs 600. Instead, they can wait for Rs 900 levels, which can be reached once the market starts to recover. Tomorrow FIIs may not be in the picture. It should not go below its issue price. If it comes below Rs 600, one can buy it.

The company entered capital market with an initial public offering, IPO of 5,593,300 equity shares of Rs 10 each and oversubscribed 103.28 times with the strong support from FIIs and HNIs. Its offer price fixed at Rs 425 per share.

MindTree is organised into two divisions – Information Technology Services and Research and Development Services. IT Services comprise IT strategic consulting, application development and maintenance, package implementation and product engineering services. The IT Services business unit offers such services with a strong focus on certain industries including manufacturing, travel and transportation, banking, financial services and insurance.

Attn : Meena

You need to write the complete application including the Bold number in the front..

Attn Vivek Jain

Application No - 51332592
Applicant Name - VIVEK JAIN
Shares Applied for - 150
Shares Allotted - 0
Refund Amount - 63750

Hi,
Pls help me i am unable to see any status regarding my application. Details are

Application No. 14831525
Name-Meena Agrawal
application 15 shares
amt.6375
by chq. no.236184/hdfc bank
Bidding no. is 88657
date-14/02/2007 at indore
Status showing -No record found of this appli. no.
CAN ANY BODY HELP ME

Thanks
Meena agrawal

mindtree is once in a lifetime offer like reliance,infosys,tcs ipo's . pls dont sell it. if you want to sell , you can sell above 1400-1500 . one should wait till it goes that level, may be 2 , 4 6 months later. but its utter foolishness to sell early , because allotments are rare to retailers and fii's are dying for more.

hold is keyword on d day.

hail listing day.lets break premium record.

I don't understand the Mindtree allocation criteria. I applied for 95625 at cutoff bid(max for retail) and havent got a single share !
Anybody know how the allocation is determined ?

Application No - 51332592
Applicant Name - VIVEK JAIN
Shares Applied for - 150
Shares Allotted - 0
Refund Amount - 63750

I would further add one more suggestion to what Mr.NareshChandra shah has said.
Sell Mindtree only if you have some immediate financial constraints or else hold on,this is another bumper share.So all those who have been alloted are really lucky & are going to be richer in future & How many times it grows depends on how long you can wait.

I had applied for Mindtree IPO, I am unable to see the status of my application from 'mondkarcomputers dot com', it looks like the site is down

How do i check mindtree allotment status? Can anyone give me the url?

Thanks
Sudarshan

a peek into future:
date : 07/03/2007 11:45pm

mindtree lists at 90% premium. presently trading at 805 on bse. volume topper. block deal of 50 lakh shares at 800. will get into futures from 15 march.

experts say hold for long term. fii hungry for more stake.

amen.

a humble request to all allottes:
you are very lucky to get shares allocated. pls dont sell below 800. everyone of you try to hold.

thanks

Can anybody give the status of this application no:51332592.
Please let me know the status...please

Can anybody give the status of this application no:1592805 and 1597906.
Please let me know the status...please

I have not received the ECS refund yet. Anyone else in the same situation ? Listing is tomorrow.

All the physical refund orders of Mindtree has written A/c no.10 on it.I am not clear about the logic behind refund of full IPO application even if one has applied for full in particular issue including Mindtree.anyone has any clue?

sudhi... you need to properly dial ur nos.. there is one digit which is in bold .. which is also to be typed

mindtree would have very good listing.how did oriental,evinix and broadcast can list their bad shares with such a gr 8 company.i am pretty sure mindtree would list above 675+ and rest all ipo would list at 30-35% discount.

The followings new IPOs will be listedon 07.03.2007.
1 Mindtree consulting
2 oriental timex
3 Broadcast initiatives
4 Evinix Accessories
Good luck for Good Listing.

Hi, i need a help. when i check the status of mindtree allocation using this link http://www.mondkarcomputers.com/ipo.asp and enter the application no, i get a msg "No record found for Application Number" does it mean i have not been allocated any share.