Mundra Port and Special Economic Zone Ltd IPO Message Board (Page 30)

i hope the listing to be around 1250 +

Well This seems to a good share for long term just like Power Grid. This thing is clear from the Oversubscription in QIB category. Listing Price of 1150 seems lucrative enough but the long term investers seek more value in it.

I will suggest all off them whoi can hold to hold the stock. You can book profits around 1400 Rs but dont sell below that.

i suggest not to sell this share to all those who got the allotment....

its a very good stock and will give tremendous returns....

you can accumulate more...

Kindly tell me i have applied Varun as wekk as mudra through Reliace money , fir mudra i get refund directly in my account but for Varun a cheque has been send to me , on that cheque i have to bear collection charges as its AT par branch is not there in my city ( where savings account help )

I have got an account in ICICI DIRECT BANGALORE, but haven't got the refund yet .....

HI ALL

I GOT REFUND TODAY MORNING IN HDFC BANK LTD & KOTAK MAHINDRA BANK IN AHMEDABAD..... BUT IN ONE ACCOUNT ECS NO CREDITED STILL WAITING.....

ANYBODY SAME FACING SAME PROBLEM IN AHMEDABAD PLZ REPLYYYYYYYYYYYYYYYYYY

Hi All,
Here are some of the answers regarding the IPO Refund.

The Red Hearing Prospectus says clearing that "Please note that only Bidders having a bank account at any of the 15 centres where the clearing houses for the ECS are managed by the RBI are eligible to receive refunds through ECS"

Now please find below the list of Clearing houses managed RBI:-
1. Ahmedabad
2. Bangalore
3. Bhubneshwar
4. Kolkata
5. Chandigarh
6. Chennai
7. Guwahati
8. Hyderabad
9. Jaipur
10. Kanpur
11. Mumbai
12. Nagpur
13. New Delhi
14. Patna
15. Thiru’puram

Now if your demat account is not in any one of the above cities, then you would be getting a cheque posted to your address associated with Demat account.

I hope I have managed to clear some doubts of the curious investors, who have not yet got their refund.

Regards,
Sundaram.J.S.

dear experts
pls tell i have not recived refund of mundra port till this hr,how to get in tuch

regards
vkm

I have not got refund in my ICICI DIRECT Bangalore account yet. Pls. let me know if anyone has got refund in ICICI DIRECT Bangalore. I have been trying to call the registrar since mornig but it always giving a message as "Busy, call after some time".......

even i am waiting for my refund in HDFC pune account.

Hi Atit,

I have received the refund of Mundra in HDFC - Ahmedabad today morning through ECS.

got refund of mudra port today in my pnb account

I APPLIED THROUGH HDFC ONLINE AND STILL NOT GOT REFUND HAS ANYBODY GOT

HI ALL

I GOT REFUND TODAY MORNING IN HDFC BANK LTD & KOTAK MAHINDRA BANK IN AHMEDABAD..... BUT IN ONE ACCOUNT ECS NO CREDITED STILL WAITING.....

ANYBODY SAME FACING SAME PROBLEM IN AHMEDABAD PLZ REPLYYYYYYYYYYYYYYYYYY

HI ALL

I GIT REFUND TODAY MORNING IN HDFC BANK LTD & KOTAK MAHINDRA BANK IN AHMEDABAD..... BUT IN ONE ACCOUNT ECS NO CREDITED STILL WAITING.....

I had applied for Mudra Port IPO for Rs 99000/-. I have got 15 shares allocated, but I have not got the refund yet. I had applied through ICICI DIRECT.

After getting good response to initial public offer, Mundra Port and Special Economic Zone, developer and operator of the Mundra Port, one of the leading non-captive private sector ports in India based on volume of cargo during fiscal 2007, will list on the bourses on Tuesday, November 27. The offer price has been fixed at Rs 440 per share.

Market ended with hefty gains today. Experts are gung ho about the Mundra story. They are expecting the stock to list at around Rs 1000-1200 and advised to hold for long term. IPO oversubscription figures also added to positive sentiment as it got over subscribed 160 times.

R S Iyer of K R Choksey Securities said, "Mundra Port is expected to list above Rs 1000. People, who have capacity to hold for better price, they should hold stock for long term. Otherwise, any price above Rs 1000, one can book profits."

According to Investment Advisor, S P Tulsian, "Mundra Port is likely to list at Rs 1,100 per share against issue price of Rs 440. Investors are advised to hold, as good investment buying would be seen in the counter."

"The stock will list in the band of Rs 1000-1200. One should do partial profit booking and remain invested in balance shares till the company gets approval to its SEZ near its port", said Manish Bhatt of Prabhudas Lilladher.

The company had entered capital market with an IPO of 40,250,000 equity shares of Rs 10 each for cash at a price band of Rs 400-440 per equity share.

The objects of the issue are to part financing of construction and development of basic infrastructure and the allied facilities in the proposed SEZ at Mundra; construction and development of a terminal for coal and other cargo at Mundra Port; contribution towards investment in Adani Petronet (Dahej) Port Private Limited; contribution towards investment in Adani Logistics Limited; contribution towards investment in Inland Conware Private Limited and general corporate purposes.

The global co-ordinators and book running lead managers to the issue are: DSP Merrill Lynch Limited, JM Financial Consultants Private Limited and SSKI Corporate Finance Limited. The book running lead mangers to the issue are Enam Securities Private Limited, Kotak Mahindra Capital Company Limited, ICICI Securities Limited and SBI Capital Markets Limited.

Hi
Anyone from NON METRO CITY and who got refund thru icicidirect ,pls answer....

i got refund in the morning HDFC Chennai

abe munda rao ..bhai subh subh bol....