Oil India Limited IPO Message Board (Page 1)

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Dear IPO Optimist,

Where are you?

Refer your post no. 556, Sep 16, 2009 8:20:53 PM IST

Don't comment on others posts. Everybody can express their opinion freely.

now trading at 1198. This is the highest( around 14%) return by any IPO in this financial year.

I Have sold 99 shares @ 1164 today

i have sold 50 shares of oil india at 1152.45/ today..

It's a risk and it paid who took it. But not too happy and pass coment on others who given negative comments.
Market is market and no logic works. NHPC flopped and OIL hit. But it still true that it might go 1300 but no one can say it might not go Rs. 800. So already holding it should hold but do not enter at this level.

And why people are soo happy, when this issue came DLF was trading at 370 and now touched at 440. almost 17% profit in same period. So if OIL listed at 8% premium, I would say not very good listing. Before 2008, IPO used to list at 100% premium.

EXPECT 'NAVRATNA' STATUS TO 'OIL INDIA LIMITED' NEXT WEEK

second day again as positive movement. this share is not in f&o. so anyone who will short sale this share will be trapped till it reaches a sound level.i think this co. will give a consistent market performance. a company with 100 eps can touch more than 1400 and there is a good expansion programme.it will go in f&o after 6 months and then it will reflect the true market value.

I THINK I AM ONE OF THOSE PEOPLE WHO HAVE PASSED POSITIVE COMMENTS i.e. to apply FOR OIL IPO IN THIS SITE.BUT I AM NOT AN EXPERT. I HAVE GOT 150 NOS. FO SRARES OF OIL AND SELL 100 NOS. @ Rs.1167.00 TODAY. IT MAY TOUCH Rs.1300 BEFORE DEWALI.

hello 721--everybody was fooling each other during those days when issue was open hence there was poor response from retail segment --however HNI and FII/FI were wise enough to ignore such foolish advise not to apply.

hey congo. 2 all who invested in OIL as the upside was not that big like old days b4 the bear market started. But i am happy that atleast it opened up with little gain. As i personaly also not got that good profit. as i also was little afrid after got allotemet & bad listing of NHPC & Adani. Now which is the next wellknown Issue after this OIL.

where is IPOexpert no 653, on 25th September 2009, such person shuld be banned to give messages, he told that the prices will get to 850, hai where are u

OIL INDIA sell or hold? Please provide wise opinion.

booked profit at 1160
now i want to know where it will go from here.

booked partisl profit @ 1160
now what to do for rest
sugesstions are heartly invited
thanx

Only driver for me to subcribe OIL share was the low turn out of retail invest and unusually high interest from QIB's. A thumb rule which i have summed from experience in investing in IPOs is that always look at the retail subscription vs over all subscription.

more than 90 lacs shares have been taken delivery by strong hands in this scrip on first day. probably short term investors have sold these shares and r taken by long term invesors. even then price ruled above 1130/ on first day. it seems it is moving towards 1200 in next few days.

sold all my 57 shares at 1130.. I am hoping when market correct OIL will also correct...

Hi All,

If NHPC/OIL and all other IPOs are for extension of future projects and require atleast couple of years to execute then why so much of trading in these IPOs??

rgds

Oil First day

Total Traded Shares on NSE 1,97,48,012
Total Traded Share on BSE 87,37,957
Total 2,84,85,969

Average traded Price Rs. 1133.66 per share

Total Amount traded Rs. 3229 crores

Delivery of Shares as percentage of total Traded Shares 42.14 %

It means a whopping 1360 crores of shares were delivery based.

I now live you to your judgement , if to remain invested or come out of this script