Oil India Limited IPO Message Board (Page 33)

Can any one guess how many times oil will subscribe in retail category if price band lies in 1000-1100

price band of oil is rs1200 to rs1450.it seems too high.it is the result of overexitation.

Current Kostak rate of Oil India and Jindal cotex ?

Hi all

Oil India IPOs Offer price may Rs. 1300 to 1500 per shares

How to get ASBA activated for my a/c in reliance money and my bank a/c in icici

Varun Ind. News


JaiJinendra. Happy Paryushan.

Please come out of the Stock May be market will be down around 200pts EOD. So better in upper circuit exit. and also long run happend so not look like to cross 120. so better before down circuit quit the Stock.

price band
Rs.1,200 to 1,450
very expensive
NOW GOVT. SEEMS TO BE BANIYA

From economic times:
http://economictimes.indiatimes.com/Markets/IPOs/OIL-India-IPO-price-band-at-Rs-1200-1450/articleshow/4904678.cms

OIL India IPO price band at Rs 1,200-1,450
This seems to be too high...really govt has become very greedy...i dont think we have much chance to gain from this in short to medium term
what u guys say?

in 15 lots how many shares to be alloted in retail in nhpc?

Jindal Cotex is coming out with an initial public offering (IPO) of 1,24,53,894 equity shares of face value of Rs 10 each for cash at a price of Rs 70-75 per equity share aggregating Rs 87.18-93.40 crore, as per the RHP (red herring prospectus) filed by the company with the market regulator SEBI (Securities and Exchange Board of India).

The issue will open for subscription on August 27 and close on September 1, 2009. The issue comprises of promoters’ contribution of 12,03,894 equity shares and reservation of 5,00,000 equity shares for eligible employees. So, the net issue to the public is of 1,07,50,000 equity shares. The net issue shall constitute 43% of the post issue paid up capital of the company. At higher price of band, the company will raise Rs 93.40 crore; out of which, the promoters will receive around Rs 9 crore.


The proceeds from the issue (excluding public issue expenses) will be used for setting up a new facility for manufacturing of cotton yarn, yarn dyeing and garments and investment in subsidiaries namely Jindal Medicot & Jindal Specialty Textiles.

The company is engaged in the business of manufacturing of acrylic, polyester, and polyester-viscose, polyester cotton, combed and carded yarns, which are appropriate for apparels, suitings and knitted fabrics. The yarns produced by the company are used for made ups in apparels, hosiery & garment industry.

It has current installed capacity of 23,472 spindles for acrylic, cotton blended and polyester yarns with a manufacturing capacity of 6500 TPA. It manufactures and sell yarns under the trade name ‘JINDAL’.

The issue has been graded by Brickwork Ratings India Private Limited and has been assigned a grade of 3/5 indicating average fundamentals.

For the quarter ended June 2009, the company reported net sales of Rs 29.08 crore and net profit of Rs 1.84 crore. For the year ended March 31, 2009, it has reported net sales of Rs 138.58 crore and net profit of Rs 4.34 crore.

Equity shares issue via IPO are proposed to be listed on the Bombay Stock Exchange Limited (BSE) and on the National Stock Exchange of lndia Limited (NSE).

Saffron Capital Advisors Private Limited is the book running lead manager to the issue and Bigshare Services Private Limited is registrar to the issue

This is something i found on one of the GMP sites -

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Oil India IPO details:

IPO opens on : 07 Sep
IPO Closes on : 11 Sep
IPO Allotment : 23 Sep
IPO Refund : 24 Sep
IPO Listing : 01 Oct

Estimated Price Band: 1000 - 1100
Minimum Lot : 6 (6600) @ 1100
Maximum Retail Lot : 90 (99000)@ 1100
Expected Retail Subs: 5 times Maximum
Allotment Chance : 18 Shares (For appln of 90)
Estimated Listing : 1400 Minimum
Expected Profit : 5400 (For appln of 90)

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NOT SURE THE CREDIBILITY OF THE INFORMATION. DISCRETION ADVISED.

Dear Frient
Is it fair prise of Rs. 1000-1100 for oil india !

EPS of Oil India stock is Rs101.05.This year giving dividend @ 310%. So do'nt miss the chance..

This is something i found on one of the GMP sites -

***********************************

Oil India IPO details:

IPO opens on : 07 Sep
IPO Closes on : 11 Sep
IPO Allotment : 23 Sep
IPO Refund : 24 Sep
IPO Listing : 01 Oct

Estimated Price Band: 1000 - 1100
Minimum Lot : 6 (6600) @ 1100
Maximum Retail Lot : 90 (99000)@ 1100
Expected Retail Subs: 5 times Maximum
Allotment Chance : 18 Shares (For appln of 90)
Estimated Listing : 1400 Minimum
Expected Profit : 5400 (For appln of 90)

***********************************

NOT SURE THE CREDIBILITY OF THE INFORMATION. DISCRETION ADVISED.

hi,
The market fall of today was sure to come and will continue for a while as a result of huge selling of shares in Asian market becouse of invester's loss of interset.China in particular was responsibe for it,for instance china whose current GDP is 7% was saying that its industry output has increased but a reality check points that its electricity consuption has decreased....this revelation has made investers loose interest in Asian market.!!!
Every Black cloud has a silver lining...here is also...india n japan....our economy is very mature n japan is out of recession.Market will again pick up after a while...
........Anu's Lab share price if u see has fallen like satyam..n it will fall more in next few days to near 7 or 8...right now its on Rs 12.14 ....All of u having anu's shares sell it n cover it up at below or near 7....keep it for a long term...its sure to cross 50 in 2-3 months as it is a very good company...n its share price will shoot up after september as its setting a new plant in colobration with a S based firm.SELL ANU"S LAB and COVER it up at or near 7...

i want to purchase nhpc at premium of Rs. 15 please contact me on 9990009404

CHINGLOO
I WANT TO SELL MY ALL THE SHARE OF NHPC TO YOU WITH THE PREMIUM OF 25 RS
PLS GIVE YOUR CONTACT DETAILS

The financial information given on this page is all wrong. Please refer to the DRHP on the SEBI website.

price band may be Rs. 1000 to 1100

OIL management says the price will be similar to current ONGC price which is hovering around Rs.1200 now-a-days. The reason stated by OIL Management is that their EPS and PE are in the similar lines of ONGC.
Ofcourse, the final say will be of the Oil Ministry - now a days the ministry appears to be greedy (One can infer from the behaviour of the Oil Ministry in RIL-RNRL case).
Still, my expectation is that for retail 10% discount will be offered.