i applied 280shares,5 appliation price may fix at 300,retail investor price will 285 share price may 330 so investor will get 45 per share so they may get 12600 per application
Dear all who have applied in NMDC .Tighten your seat belts for a whacky ride.LIC subscribed to 8000 cr of the issue.As issue is subscribed 1.24 times It will be alloted 6500 cr of shares & It will not sell that.Out of remaining 3500 cr all HNIs shares & most of the retail will be sold.Nobody is there to absorb them at 300.Now we have to see who will absorb those shares and what rate.
201 mahatma ji harsad mehta ke samay govt mouni baba ki the aur ab world ke top ecnomist sh.man mohan singh ki hai. yeh mat bhoolo jab world main hai- hai ho rahi the tab india main 6 th pay lagi thi. world ka top ecomist PM aur top scientist PRESIDENT tha us samay. india main kuch effect nahi aaya. isliye 1992 ko 2010 se tulna mat karo
nmdc response is very poor .a repeat of ntpc fpo.but kostak rate of 2000 per application is prevailing.so all applicants immly sell your applications as price can go to 280
NMDC FPO is very good for investor.Medium to Long term investor can appriciate very well.When I have invested in NMDC 4 years before at that time is traded in BSE "Z" group & physical of 100 shares lot at the prices of Rs.3500 per share after bonus & split it's cost come out at Rs.100(i.e.for 2 bonus shares for 1 held ,split from 10 to 1).I think at the Rs.285 to 320 is worht for investing after discount of 5 % for retail investor.It's is very BLUECHIP company DEBT FREE WITH RESERVE OF Rs.12000 cr apr. on the equity of 396.32 cr.After some time I think NMDC came in SENSEX & NIFTY.
those who have bid have taken the risk!!!!!!!!!!!! i hope they will be rewaded too
those who are hoping to apply in pradeep plz do so, retail portion will not exceed 5-6 times if it does then its time to be coutious by investor kuta billi ke picheee ohhhhh, godddddddddddd plz save them............ on listing
discl: i dont believe in fpo & operator driven stock
Arcelor Mittal has applied to the extent of 300 crores under QIB segment and the ramaining QIB subscription is mainly by LIC. FIIs have totally boycotted the issue. The issue will be priced at Rs.300 per share and retail price would be Rs.285 per share. Good for long term retail investors.
The biggest setup of NMDC when compared to REC is that the FII's have not shown much interest. But in REC on the lost day, they had subscribed 2 times.
Retail Investors will get 5% discount. Annualised it is 60% return. It is the best. Downside it may not high risk. I think NMDC quotes nothing less than 350.
DEAR SHREEDHAR N GEM AS PER YOUR ADVICE A HAVE APPLIED 300*300 HOPE TO GET SOME THING.AT 01 25 PM I HAVE TRIED TO CHANGE.BUT IN ASBA IT IS FAILURE.BE ALERT AND ACTIVE IF YOU ARE USING ASBA.SHREEDHAR I THINK YOU ARE NOT USING BUT IT IS WORTH USEFULL. THANKS FOR PERSONAL ADVICE TO ME. GIVE YOUR COMMENT ON ILFT N PRADEEP.PEOPLE FELL PRADEEP AS TEXMO PIPE. JAY SHREE KRISHNA