Muthoot Finance Ltd IPO Message Board (Page 39)

Hi Guys,

Applied for this IPO wrt my capacity. Have applied at cut-off, 480 shares.

Cheers
GreenHorn

Just now Applied 1000 shares thru AXIS ASBA.

228-Vas Nat
Can you collate the listing gain in % in all the 18 issues where QIB subscription was more.

QIB Subscription Pattern

Listed below is the issues in the past 1 year wherein the QIB subscription was more than 20 times.

1) Muthoot - 25.01
2) Lovable - 21.87
3) P&S - 49.80
4) MOIL - 49.16
5) Power Grid - 18.52
6) Coal india - 24.70
7) Oberoi - 22.15
8) Ashoka - 25.52
9) Techpro - 27.99
10) Vatech - 36.13
11) Eros - 25.79
12) Carrer Point - 47.45
13) Bajaj Fin - 20.19
14) SKS - 20.38
15) EIL - 23.43
16) Talwalkar - 35
17) IL&FS - 52.60
18) United Bank - 47.08

Out of the above 18 issues,
11 issues in the range of 18-27 times, (23 times avg)
2 issues in the range of 35-36 times, (35 times avg)
5 issues in the range of 47-52 times (50 times avg)

Since the majority of the good issues which are over subscribed by QIBs are in the range of 25 times, do they have any breakeven or something at 25 times? Does this indicate any pattern?

Dear Sreedhar, Now that Muthoot is subscribed 25 times by QIB, what is ur call on Muthoot? What would be listing gain for 2 lac application? Should we go for this or keep money for other IPOS? If so, which one do u suggest out of Future/Innoventive? In view of opposite views on board, is there any chance that Muthoot lists at discount to issue price?

Sreedhar... R U applied muthoot or not ....what is ur final view on muthoot

Im done with my applications now.Tmrw I will not be on board as I have hectic work.

Welcome back after long time dear M Gupta & Bolo tara ra ra.
Dear Vasnet, Oberoi realty & HMVL were 2 gems which lot of guys missed & personally has given me far superior returns than Coal India which was my most irritating IPO which I like to forget.

Beware of high subscriptions. this is a finance company..... high risk..... even PSU PSB bank is 10% below issuew price!!!!!!
Apply with ur own risk!!

Discl: I have applied for 800 shares

It is good to have some strong bears in the forum for different thoughts.

MOIL,P&S listed at least positive. Might be the rate of return was less. Can we expect Coal India in every issue? If we apply in decent issues with low risk, one may turn into a Coal India.

SKS gave 30% returns before crashing. Even ICICI Bank crashed to Rs.250/- from issue price of Rs.890/- before bouncing back. SKS business model is high risk high gain one. A single policy of govt crashed its rate by 50% and this kind of risk in varying degrees, is there in every script in stock market.

25 times subscription in QIB was more or less expected one. Lets see the subscription of Retail tomorrow.

I think this is another finance company IPO after SKS. We should be ready for indefinite loss if we apply in this IPO. Last time in the case of SKS also, many poor guys were loosers by holding for long period after considering SJ's recommendation.

This time, in my opinion maximum guys are applying thinking good long term company, but guys, remeber it is a finance company, any rbi direction can hit the bottomline severly and the share in bad conditions may go below fifty percent of its issue price.

my question is : Whether A finance Company with a pre issue book value of rs. 35 desrves a valuation of Rs. 175 + 10-20 rs. premium?
whether a company earning rs. 100 crores per year (May be rs. 200 crores next year after considering public issue money) should get a market cap of rs. 8000-9000 crores?

Its a trap for retail investors, dont be foool otherwise you will loose your hard earned money.

BOLO TARA RA RA

MOIL WAS SUBSCRIBED 49 TIMES
P&S BANK WAS SUBS. 49 TIMES

IN BOTH IPOS PUBLIC GOT KOOTED AND LOOTED
FINANCE COMPANY SKS LOOTED AND KOOTED VERY HARD....

NOW ITS TIME TO GET KOOTED AND LOOTED IN MUTHOOT ALSO...

PUBLIC KI AADAT HAI... EVERY 2-3 MONTHS THEY NEED A "ZABAR-DUST" DHUNNAAAIII.....

THOSE WHO ARE LONG TERM "FUN-DA-MENTAL" GUYS SHOULD DEFINITELY APPLY AND BE READY TO GET KOOTED AND LOOTED IN PUBLIC INTREST...

MARZI HAI AAPKI ... KYUNKI PAISA HAI APKA....

@gembhai...but is bar maine galti kar di phsical application karke..bcoz mere sub bank a/c se me harek IPO me online ASBA through karta hu but is time nai kiya...but v should always do apply online ASBA through...it's very very easy to use...

gem bhai thanks..here in ahmedabad v get 125 on 2 lac...

ANOTHER MOIL IN MAKING......

PUBLIC WILL BE LOOTED AND KOOTED VERY HARD

i was worring about this outcome that by seeing qib subscription every dog and cat will think of applying and retail portion will be crowded....

i was very happy about the unconducive enviroment that was prevailing for last 2-3 days, like gmp falling, other ipo opening etc, but now dead bodies will wake up and apply in this ipo

outsider

i have got Rs.100 for every 2 lac application.......

since i dont have ASBA facility for every a/c i have togo for some physical application, although there is loss in it as every 3 lac application through ASBA earns at least 200 ( 10 days *Rs.20 interest)

Final QIB subscription : 25.01 times.

comossion su chale?

at 5.00PM on 20th Apr 2011
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QIBs      18025000      413465960       22.94 times
NII      7725000      6542640       0.85 times
RII      18025000      17667560       0.98 times
Total                   10 times
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as per nse website