NMDC Limited FPO Message Board (Page 40)

That is for sure it would be at 300 only as its a big issue and its a month of march when liquidity remains quite low, so retailers can get it at 285, we never know what would be price post allotment, as there is less liquidity(Free float) in mkt of this stock so prices are a bit overpriced. Also looks like that retails would get there 100% of bid qty so be thoughtfull about that if u dont believe that then you can wait till 12th march and see.

NMDC subscribed .05 times out of which 95% at lower end of bid

Dear Kirit Shah Assuming the your guess to be correct the amount of liquidity that will be sucked from the market will depress the secondary markets which will be enough to give no listing gains in NMDC.

wait and watch.

the retail portionwill b oversubscribed by more than 1 time and hni by more than 2 times.
qib will be over subscribed by more than 4 times, is what i'm gathering from sources. a good investment oppertunity. price may be fixed at rs. 320/ good luck investors.price in the market may not go below 350 in next 5 days.

number of shares for issue are 3 times that of REC FPO shares, hardly see any demand postlisting. Also, currently trading at 373, by thhe time of listing it may be range of 300-325 rs. People who want to wear a big maakmal topi can go for this issue.

CAPITAL MARKET RANKING 45

HAPPY INVESTING

@ cor, No, even if the retail segment is not subscribed the issue can be made at 350 provided there is enought demand from other segments....

But honestly.. this is a very xpensive share,...
i am seriously having 3rd thoughts(not even 2nd)..

A PE of 24 at lower end... as expensive as L&t,BHEL... Its another NHPC/NTPC....

before investing think twice...

will retail investors get NMDC shares @ 300 (not considering discount) if retail portion is not completely subscribed?

ashis

jo tu bol raha kar ke dekh,thuk jayega
aur ha tu apply kar tere ko 285 mein milga to 100 rs ka profit per share phir bhi tera .... jayega

Lead manager Enam hi paisa dobnay ka pakka chance hi, share daley toot raha hi, fpo kay bad lower cercit lagayga, share pahlay 100 rs kay aspas chalta tha.

nmdc with price band 300-350..., it is risky for retail investor to apply..be careful...

Mr. Ganesh samrath investor you are sakchili and mugarilal.

Can any one tell me what is the good bid price of FPO for NMDC?

book running lead managers
UBS Securities India Private Limited, Citigroup Global Markets India Private Limited, Edelweiss Capital Limited, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited and RBS Equities (India) Limited.

Enam is not a book running lead manager. don't give wrong information. these are the book running lead managers of the issue. in my opinion the quality of reserves under NMDC is excellent and there is no comparison on that aspect with any of the peers. this company is a jewel of Govt. lot and the price band is very very attractive and for retail the price band is 285 to 333 in the price band after 5% discount. so a good bet for short, medium and long term. price target for 3 months, 2 years and 10 years will be Rs. 499, Rs. 798 and 5080 respectively.

if LEAD MANAGER IS ENAM SECURITIES than dont apply in NMDC as you are likely to loose money.

price fixed is 300 to 350. be sure that at any cost govt. shall fix the price at 350 so 332.50 for retail. govt. amjanta ko kabhibhi kamane nahi dena cahati. they could have 10% discount. i hope retail participants make money in nmdc.

NMDC Price very highy fair value after fpo is rs. 36.

price band fixed by govt is

300-350

5% discount to retailers hope cut-off comes at 300, then retail will get shares at 285

so there is chance to get listing gain of 5% that is discout which is given

go for DQ + ILFS

WHO WILL ABSORBE RS. 5000 CRORE SELLING OF NMDC ON DAY ONE
ITS NOT REC... RETAILERS + HNI IF SUBSCRIBD IN FULL WILL SALE WILL NOT BE SUBSCRBD FOR SURE..

hey friend pl. let me know 1 thing is the lead menager is ENAM if yes then 100% sure that we r not going 2 get any gain.