NMDC Limited FPO Message Board (Page 39)

at cut off u have to pay rs 98000/-
280 shares @350=98000, DISCOUNT WILL BE REFUNDED JUST LIKE UBI

qib portion over subscribed 1.25 times

wats the price band.... is it same or changed....

Its 320 RJ

What is the maximum no of shares we can bid for @rs 300 ??

Follow on Public Offer - is essentially a stock issue of supplementary shares made by a company that is already publicly listed and has gone through the IPO process (Investopedia)

F P O means what

Are yar aisa h ki inme se koi b expert nahi h jo reality h to vo yeh h ki aap bet laga sakte h to lagao approx. Rs 25 to 40/share milna pakka h baki market me risk to uthana hi padega janab.

Dont apply for nmdc. Any company coming for ipo at correct valuation will always be oversubscribed.
We have seen how badly the issue of nhpc,ntpc worked out for retail investors. I can garuntee 100% that this will be the worst one .....

in the year 2006 i bought 100 nmdc @ 1920 per share & sold in 2007 for 17800, how i can say nmdc bad.those are not going for nmdc iop making biggest mistake of their life.

how 3 bids can be made under asba??

how many shares i can bid for @rs300??

dear mr. ghatol,no 150
i am enlightened by ur analysis. ur reasoning is sound. but even then i'm of the opinion tht the issue will be cornered by the big long time investors as nmdc mines r the star attraction for big steel companies all over the world like mittals, tatas, agarwals, and qibs from japan, china,etc.
issue closes on 12th and we will see that after the closing hours of the market the issue will be easily subscribed. we- the retails investors - looking forshort term gain may not b interested is true but i think these shares willnot be available at a big discount in the near future. thanks for ur reaction.
no.151 mt. amith. i'm not from any brokerage house but only a retail investor. gmp , i think, was never 75. i don't think anyone would have bought the share at tht price. even 15 gmp is not true premium according to me.when co. is giving the sahres in so large a quantity the premium may b less.

BREAKING NEWS!!!!!
BREAKING NEWS!!!!!
BREAKING NEWS!!!!!
BREAKING NEWS!!!!!

nmdc price band may be lowered to 275-325....
steal ministry is not happy with finance ministry over band of 300-350

till today issue got subscribed only 9%.......
&&&&& govt's biggest paltu kuta have only bid for 1 crore sh @300 so big daddy gone.... who will buy remaining 29 crore shares..... sbi,icici etc but kitna pura paisa kya isime dal dega so wait & watch who bails out the issue

the above news was telecasted on CNBC-AWAAZ

kirti shah, u look to be from enam securities. U apply and enjoy all the listing gains. THey will see that price doesn't come down below 370 rs atleast till the issue closes on march 12. Already GMP has fallen from 78 Rs to around 15 Rs.

TO - KIRIT SHAH

I know that QIB have to give only 10% of Bid amount.

By your calculation about 7500 crores Liquidity will be sucked by 13th March. Which will go upto 10000 crores in the next 10 days.

Mutual Funds & Bank will start window dressing by the time the issue comes up for listing this will suck not less then 3000-5000 croes.

Again Companies Tax Payments for the year will become due by the time of listing. All in all there is expected to be enough liquidity pressure.

This will lead to a condition where the Indices at the time of Listing will be trading atleast 8-10% below the current levels.

See the subscription figure of today end they are encouraging 15% subscribed though most of the bids are at 300-301.

But retail investoer are expected to get 100% allotment (which you agree). There will be Rs 3000 crores worth of stock available in the market from Retail Investors. Out of which many will be trying to exit.

How many will be able to exit with a profit?

THINKING IN A CONTRA WAY: YES INVESTORS STAND TO MAKE GAINs SIMILAR TO REC BUT WITH HIGHER RISK INVOLVED.

One must be ready to acknowledge the Counter Views and risks also.

dear no.143 mr.ghatol. qib has to pay only 10% at the time of bidding. so they can apply in big quantity. hni is active in the grey market collecting shares at discount if it is available. price in the market today is 381/. if the price does notgo below 350/ in next two days, retail application will pour in good nos.5% discount will give a good cushion to them. even if the price does not go below the issue price, retail applicant can get 5% profit. i think this is a good bargain. retail applicants got a good return in rec issue.

if anyone want to earn huge profit then apply.....

Better skip this issue. avoid

nmdc fpo is issued at good price