I think NHPC is strict avoid IPO this is more than Reliance power it may list at around sub 20 levels. as its PE wihtin range 30-36 as of post issue............ and NTPC is at more less PE and large capacity than NHPC + NHPC will be hit with this less monsoon rainfalls this year and needs huge capital to build and very less RoE.
So avoid it and pick from open market for less than half price as many huge investory sell it for its poor asset quality
PE for NHPC is high 36 at upper price & NTPC is comparitively cheaper <18 agreed, But did you factor the point that the raw material (Coal) that needs to bought for NTPC, which gets added to the per unit cost of electricity produced & for NHPC it is free water from the water falls & the dams. The only aspect that I am not clear is what happens if the monsoons are poor, which is the case this year & what would be the operating cost for NHPC.
I have a question i am an indian citizen currently studying bachelors in US, i want to trade in the indian market an have previously traded as well want to invests in ipo, i don't know how am i suppose to invest in the market. Can you please help me which bank and what all needs to be done so i can get started. Thanks
@ 265 "265. bicky Aug 10, 2009 9:44:42 AM IST NHPC IPO Expected Date of Listing? At what price For Short Term say for about 2 Months. What can be expected? Whether to IPO apply or not? ang how price at listing day expected "
Thats a very RUDE way of asking details... Not to mention that your english sucks even worse...
Yes 266, ICICIDIRECT is offering the same and i could apply using ASBA. 267, ASBA stands for Applications Supported by Blocked Amoun t. Means money will continue to remain in your account (though blocked) and will be transferred only for the shares which are allotted. See message 260 also.
At kotaksecurities, I am still not seeing this feature.
NHPC IPO Expected Date of Listing? At what price For Short Term say for about 2 Months. What can be expected? Whether to IPO apply or not? ang how price at listing day expected
Few Notes (based on whatever I have read n heard): 1) PE is very high - 36 at upper price. Existing companies like NTPC are much cheaper (<18 1 yr fwd). 2) Listing gains is the ONLY reason you should subscribe. I doubt if people posting out here intend a 2-3 yr hold. Now what happens on listing day is anyone's guess. 3) Gray market premium is max. 8 rupees (44 PE dude, talk sense) 4) Subscribe only on last day once you calculate your chances of getting X shares. Remember, for those without ASBA it might not make any sense at all locking the money if retail is oversubscribed by a large margin.