NMDC Limited FPO Message Board (Page 37)

Raju, you are are bang on the point and appear to be perfectly correct in your analysis on the NMDC price trend after the issue. The price may remain in the range of Rs 300- 325 in the near future and may not crash even after the new shares come into the market.

Should give decent return

i applied 100 shares at 300rs . retail invsetors can bid at 300 rs? and we are eligible for 5% discount?

At the moment there is no floating stock of the company, LIC and other Govt bodies are holding 99% of floating stock, hence there is no selling LIC will not sell, as it it does the price may come crashing down below the Issue price, Govt will not allow it to, hence no fear of the share tanking before allotment, but the question is what will happen when the new shares come into the market, I think again in the IPO, looking at the figures, the bulk of the shares are allotted will be to this same guys. LIC, SBI, who will not sell, I feel the shares may gradually drift down and towards allotment day settle at 305-306 levels, Retail shoudl take thier Rs. 20/- profit and be happy, NMDC is grossly overvalued at even Rs. 200/- the drift down will not be sharp, The shares will be Issued at the lower band of the IPO of Rs. 300/- dont worry those have applied will make profit, book profits dont be greedy for more

Govt. Nay phir muh ke kai, Lic, Sbi say public ka paisa gardan pakadkar sattay pay lagwa diya, ise prakar govt. Harsad mahta kay time pay UTI say paisa lagwa dayti thi, uti margaya aub?

ab tahe samjo 285 me hi mal milega,jai hind

Hye guys, i am very optimistic now (at 5.01 pm on 12th Mar'2010) that NMDC will give good return, hopefully at the time FPO shares are in dmat account price will not be less than 340, Jai Ho

Shame on the promoter of this issue.Retail portion not fully subscribed.

when price few days before was more than Rs500/-. why retail investor are not applying. ihave applied for 140shares & iam sure to get listing gain even. though iwill keep as long term investment

oh god now i will get full allotment, dont know should be happy or not.

but one thing is that at 285[as i'm sure now that book price will be 300 only] its a good buy.

regards
alok aggarwal

at last..... ...NMDC....IS THROUGH ..at 4=00p.m....happy disinvesting to govt of india....

QIB SUBSCRIBED MORE THAN 2X

Good news for this IPO investors...
Issue fully subscribed by 4 PM (1.22 times total.)

At 4:00pm subscription is 1.22 times. I expect overall subsction can touch 7-8 times however retail will not be fully subscribed. It's another good long term bet like REC.

Senior boarders please shed some light on this.
sreedhar,gem ipo finder,ravi et all.sorry if some regular names are left out.No offence meant

As on 11 Mar 2010 at 1700 hrs there seems to be a complete non-participation from the mutual funds.
It is zero.

How can this be???

Can they form a cartel and boycott??

One MF can say OK I don't want to subscribe.

How can the entire mutual fund industry stay away from this Navarathna issue.That too when this issue is for long term holding, ideal for MFs.
Are they trying to be one up and arm twist the government?
Not easy to understand their combined and united stand

Something fishy, somewhere.
Please educate novice like me as to their strategy.

Nmdc was the best ipo among all of them.Meri baat yaad rakhna jisne nmdc mein nahi lagaya wo bahut royenge.Confirmed allottment and confirmed profit of atleast 50 rs.

NMDC share is being bought at Rs355 and above. who is gentleman buying and why. when It shall be available for Rs 285 in retail, after 10to 12 days

Still go for NMDC, See the %age of shares in market. Only 0.24% therefore apply more n more. Operators can't do anything in the market and it gives u the better return thn any other IPO.

It,s good chance for all to have NDMC at this price. Everyone saying that price will be in the range of 300-325 post FPO. Then why it is Rs. 360 now? I agree with Krish & Kirit that if retail investor participation is low then share price is not going to fall further, unless something extraordinary happens.

points to ponder:
big insurance companies and banks r applying in big nos. and hence those shares will not come easily in the market at a discount or small profit, is my inference.
retail investors r not participating in big nos and hence there is also a little chance of shares coming intothe market at a discount.
so i have a question? who will supply the shares at a discount or low price?
i think the price will sustain above 325/.