Muthoot Finance Ltd IPO Message Board (Page 45)

@ VAS NET..


If issue price will be fixed @ 175, anchor investor will cash out additional 5Rs per share. If issue price will be fixed @ 160 they wil not get 10 Rs back.

Also they get allotment from QIB quota, so no difference to retail. Only difference is that, Anchor investor quality will boost oversubscription in all category..

vas net

is that harm you ?

allocation to anchor is done through portion reserved for qib, ur own no of shares are safe they are not allocated to them.

anchor investor are locked in for 6 months means they cant exit for next 6 months so Rs.5 discount is justified

Retailors ko discount nahi diya , NHPC,SJVNL,PTC Fin yaad hi na jab gotala govt. nay hi public ko loot liya, jara bach kay.

i have heard future ventures ipo is opening on 25 april and price band is around 12 rupees. is this true? how is the company?

apply or not any one help to take decision.

When it is going to be a clear case of huge over-subscription, what is the need for allocation to Anchor Investors and that too at Rs.170/- per share. These investors get good allotment and make a easy fortune.

Retail Investors on the other hand are offered no discount after promising in the DRHP.

Any comments?

@Binns
You can apply through HDFC bank ASBA EVEN IF YOU DONT HAVE DMAT WITH THEM. I AM DOING iT REGULARLY, THERE IS NO PROBLEM

MINORS CAN APPLY

(AS MENTIONED IN THE APPLICATION)

QUOTE :

I/WE CONFIRM THAT: I am/We are Indian National(s) resident in India and I am/we are not applying for the said Equity Shares as nominees of any person resident outside India or Foreign Nationals. I am/We are Indian National(s) resident in India and I am/we are applying for the said Equity Shares as Power of Attorney holder(s) of Non-Resident Indian(s) mentioned below on Non-Repatriation basis. I am/We are Indian National(s) resident outside India and I am/we are applying for the said Equity Shares on my/our own behalf through NRO account on Non Repatriation basis. In case of Bid/application by a minor, I am applying for and on behalf of and as a guardian of a minor.

101.
yes you can, there are no problems, however, procedure looks comparatively lengthier.

friends...pls chk the balance sheet of Muthoot fin. it says its capital increased fro 5 cr to 301 cr. during 2008 to 2010!!! a 60 times rise !!!...so for some one investing now is having 60 times diluted capital. Who soever has invested during this period probably invested at par, so he will multiply his value of investment by 1080 times after listing at upper price band!!!!! boy who r those lucky guys???...r n't SEBI watching?

can one easily apply through ASBA from HDFC bank account is one does not have a demat with HDFC? Any experiences and problems.

The biggest risk:

There is a Supreme Court hearing awaited on inclusion of gold-financing companies in Kerala Money Lenders Act, which may cap the rate of interest.

UPCOMING IPOs
1)MUTHOOT FINANCE
2)PARAMOUNT PRINT PACKAGING
3)SERVALAKSHMI PAPER
4)INNOVATIVE IND.,
5)GALAXY SURFACTANTS
6)FUTURE VENTURES

MUTHOOT FINANCE LTD IPO

YES PREMIUM IS DOWN

Just confirmed from my broker about muthoot premium, its down from 32-33 to 26-27 now.Stock-market fall from last few days can be the reason.

iporaja

i dont think that is true, anyway if that is true i m sure that is adjusting for new oversubscription , kostak will not change much..

it shows that more shares will be alloted in every 2 lac application

MUTHOOT FINANCE..........

PREMIUM IS FALLING DOWN..............23/25

APPLICATION NO BUYER

Apply for this issue as risk is minimum for modest gains.

Thanks alibhoy bhai.I can use the amt through cheque from the asba unblocking of Muthoot

Really good quality anchor investor like GS,CS,Citi,Baring, Birla sunlife hv taken a position. This means blockbuster response is rest assured for this IPO.

Retail portion will also be heavily subscribed.Shud be between 15-20 times minimum.

Heard yesterday GMP shot up to 37-38.

EPS for March 11 is around 12 & for March 12 should be 16-18 . PE for its closest competitor which incidentally is half its size is 22.

On a lower pE of 20 the price shud touch 220 n can go up to 300 as well.

Top quality anchor investor have already invested.