Mundra Port and Special Economic Zone Ltd IPO Message Board (Page 179)

@718 & 713
totally disagreed with both of you.
take the example as investing in the ipo after borrowing from the bank. then whether you will calculate the amount of profit on whole loan amount invested or on the share allotted.
for example: if you borrow from the bank @18% p.a. and applied for Rs.100000/-. now assume you will be alloted 15 shares and share is listed at a gain of rs.90 per share. now tell me whether you will gain in totality or loser one.
however rational investor, you are comparing the ipo with the gaining share. suppose you have invested in Reliance Co. or RPL, what would have happen in secondary market. So every thing depend on IPO allotment & listing possibility as well as return in the secondary market.
so get yourself exposed to primary as well as secondary market.

I agree to Vik. It is not easy to find a stock in secondary market that will rise. It may fall also. But in case of good IPO chances of loosing are less. So you get small but secure gains and an opportunity to build a portfolio.

When the allotment will be out.
Please advise

Hi Rational Investor, I agree with Senthil, your investment is not 72600, but would be the same for no. of shares you get. To modify your observation a bit, its safer to say we blocked 72600 for about 15-18 days during which time you "might" have made more money in the market, usually the money which does get alloted as those shares is giving 50-100% return in the first week which is pretty damn good.

Consider Power Grid, cut-off was 52, and listed around 98, which is a 100% jump! and now in such a short time its given 200% return (for the ppl who got the shares in allotment).


Remember most if not all investors cannot time the market, so basically you can just think of it as not having got any interest on the unused money for about 15-18 days. So, for most of us its a systematic almost fool proof way of entering the share market through IPOs as most of the IPOs have done extremely well in the past year.

But you are right, if you are a seasoned investor, then you most likely can get a better return.

- Vik

@716

Point taken..but you have that money stuck/blocked for 25
days..which is as good as ROI on the whole thing...

Thats the point I am trying to make out..If the IPOs are getting so much oversubscribed wouldnt it be better to invest in other stocks...they will give u a much better return..consideering the volatility and the gurantee that the whole amout is being used

@713

Your investment is not 73,200 just because you send the cheque. Instead it is just 6,600 indicating that you get near 100% return upon listing- on a CAGR basis this is going to be way high..

so investing in mudra from pure return (%) point of view is the right thing. ofcourse from return (amount) point of view you would have got more if the entire 73,200 could have been used.

Simran, I think you have got wrong info. Every bid size...stands chances of allotment, just that the chances of allotment are lower compared to every higher bid so the question fo 85000-90000 doesnt coem at all.

Intime thru CNBC awaaz have just confirmed that application sizes in the range of 85000 to 90000 have already subscribed to 100% of amount reserved for retail investors, so no chance of allottment to those who have applied for less than 85000.

Also refund will happen thru post and not by ECS.

happy investing

Dear All,
I want you guys to think of one thing...We guys are all very foolish..(including me)

I have invested 72600 in Mudra IPO (165 shares)..Now we all want to knw about the allotment...Lets do a simple
calculation...

If I am lucky and get 15 shares most likely possibility..

I get shares worth 6600....and even if there is 100 % appreciation after listing the market value will be 13200 .which is =6600/73200 roughly 9% return on investment. (in a one month horizon)

This is good cause the Banks give us a 3 % ROI...but wat if we put all this money on one stock which is gaining..

I put some money in Ispat @27....arnd 3 weeks back...roughly 55000...today that amout has become 94000...thats close to 80 percent appreciation...over th same period of time....

so guys think again...I still repent applying to Mudra..cud have got more money investing in the market..

Now yeah how do u get a TIP...tats needs a lot of investing and research and is not easy....but keep ur eyes and ears open..

A piece of advice..try and enter Hotel Leela...It has strong results expected this quarter..and the company is in expansion mode...recommended by NSE and Citigroup...(Also a couple of traders..)..an analysis on this shows that this stock is highly undervalued..

Happy Investing!!!

P.S;These are my comments only and I am sorry if I did hurt anyone..Just trying to see wat a lot of us are not seeing the bigger picture.

@G.M.shaikh

ur target for everonn in 1 month is day dreaming.... May be in a year

Buy Everonn systems.
why ? for reson this
target price rs.1000 within one month.

Everonn Systems India Limited has informed the Exchange regarding a media release, which is as follows: "EVERONN has signed an MOU with HAPP (Heavy Alloy Penetrator Project) Tiruchirapalli, Tamil Nadu. The essence of this MOU is to manage the entire operations of their School with 350 students from Class I to Class X. It is the first step in EVERONN's initiative to take up the management of schools to bring in best of digital content, best of teachers and best practices to the school education in India. Everonn's guidance for the year would be Rs. 80 Crore on the topline with profit after tax (PAT) at Rs. 10.8 Crores".

what is the expected allotment date for Mundra. Any guesses???

I have applied 225 share can u tell any body how much sharewill be allotted to me any Idea ?

The minimum allotment size would be 15. Nobody will be allotment less than that. But there are chances that people who have applied for the maximum lot would be allotment 17 or 18

HI ALL

JUST NOW I HAVE CHK MY ACCOUNT CHQ IS ON CLG MODE SO ALL U GUYS CHECK WITH YOUR BANK ACCOUNT AS IT GETS OPEN TODAY.....

my check has not been debited from my account is there should be any problem pls advice

I was alloted 286 share of Power Grid, if we go by lot size then I should have received 250 shares. There is a chance that people who applied for 225 share might get nearly 18 to 20 shares.

please tell me how can get refund amount by ECS i had applied by ICICI DIRECT

dear i have applied for 15 lots so wht is the chance to get the share on the day of allotment of the Mundra Port

I DONT THINK IT WILL BE 12OR13.IT HAS TO BE IN LOTS.IF NOT BY LOTTERY AS IT IS MORE THAN 15 TIMES