Oil India Limited IPO Message Board (Page 32)

NHPC HAS KEPT PRICE BAND TWO TIMES OF BOOK VALUE SO OIL INDIA MUST KEEP PRICE BAND MAXIMUM TWO TIMES OF BOOK VALUE I.E.436x2=872
MORE THAN 872 IS NOT JUSTIFIED. IF GOVT KEEPS PRICE BAND MORE THAN THAT, EVERY BODY HAVE TO THINK FOR PSU IPO

its very disgusting after long 15 to 18 months the good ipo’s r coming 2 market & leaving nothing on table the group like adani & PSU have 2 come again & again to market for money & right now ipo r coming after long time they should keep atlest some thing on table so that more retail investor come 2 market its very bad that even PSU r also keeping nothing 4 investor who invents there hard earn money. no gov. also just want 2 make money if this ipo also come more then 1200 then friends it will be like tossing coin bcoz if market stay stady till listing (18 to 20days) then only we can expect 10% to 15% so its up on luck so be care full friends.

Please dont misguide the people.If you have authentic source then post the information.(also share the link).The company will raise up to Rs 3,500 crore through the sale of 12% of its equity by alloting 2,64,49,982 Equity Shares.How cud you expect such a low price band (e.g 30 to 35 )?

It should not be more than ONGC, or else its of no use.

every on can see the book value per share in link below.....

http://www.oil-india.com/Financials.aspx

Fair value of this issue should be in b/w 750 - 900. Any price above this will not give any listing gain to investors.

if price is more than 1200 then don't subscribe, u can get in less than 1200. This should be cheaper than ONGC.

OIL India -

The ECONOMIC TIMES news of price band is WRONG ..... The compny has not announced the price band as yet ....

The price band is expected to be announced on August 25, 2009.
IPO opens on September 7, 2009.

Rajesh, you are right. Since the market is volatile and it takes about 20 days for the IPO process to complete, no one knows, what would be the listing gains. Also, as i mentioned earlier, even the Govt also wants to make money, leaving little for the investors.

sure subscription will be like same or higher than NHPC(if Market stable).more int in this ipo to retail as well as QIBs.

SIR WE CAN PROVIDE DETAILS OF NCD'S OF LNT

NHPC likely to open around 56
expected to stay around 50+

adani premium 8-8.50,nhpc:6.50-6.75,oil india 160-162 kostsk:3000

OIL India -
The price band is expected to be announced on August 25, 2009.
IPO opens on September 7, 2009.

IMPORTANT - for all IPO - as per SEBI Circular - IPO shares will be considered for listing in the Derivatives Segment only 6 months after trading in the Cash Segment

The price of Oil India appears to be too high. Govt knew that investors had lost heavily in the last crash and lot of IPOs are quoting below its offer price. Under the circumstances, for the benefit of the investors, Govt. should offer PSU shares at a reasonable price. If Govt. also does like other promotors what is the difference between law makers and breakers?
Krish

What is the buzz on the street for OIL IPO ?? ...... R ppl recommending subscription ?? ..... As per the news on CNBC AWAAZ, the price band could be between 1250-1400

91 Nitya
Bhakwas math Karna please?

high price issue. pls do not subscribe to it. its batter to go for jindal

Hi (91)Nitya,
Can u provide the details where infosys chairman has mentiond that details. Appreciated if u provide the details