Omkar Speciality Chemicals Ltd IPO Message Board (Page 18)

Dear Sreedhar,

I have Thanga jwl with me. Please let us know any exit point for his too.

Also share yr views on OMKAR, i have applied for 1020 shares of it.

Dear Sreedhar,

Welcome to the board.
Today, again you proed your capability of reading the market just like having some sixth sense.

Hats off to you.

OMKAR SPECIALITY
THANK YOU CHEMCHO FOR YOU ADVICE REGARING IPO AT 1400 HRS ON 27.1.2011 I WAS LITTLE BIT NERVOUS AS THERE WAS NO GOOD SUBCRIBTION IT PICKED UP AFTER 14.30 HRS AND NOW RETAIL HAS 9 TIMES AND QIB .8 TIMES WHICH SHOWS CONFIDANCE IN YOUR ADVICE
THANKS LOT

Dear KK DON & Ravi4561,
I have clearly mentioned 239 as stop loss.Even when I was not present I took care to inform the board abt 239 stop loss through one of my friend.Today's closing was 226.Next Qtr Management has said they will deliver 10 Cr profit compared to 3 cr profit yoy.That was the reason why it came up all the way from 197 to 226.It is a great long term story.I gave the call for shortterm with 239 as stop loss.Long term its excellent buy.
You have 2 choices if it comes to 230-235 you can get out or if you wait long term you will easily see 300.Jubilant food works crashed to 250 after one such results & shot up to 600 after few qtrs results.
with today's lifestyle fitness is being utmost priority & most of our city bigwigs train at Talwalkar's.Call is yours

Final numbers please (NSE+BSE)

Omkar Speciality Chemicals' initial public offering has received good response from investors - especially from retail and HNIs. The issue, which closed today, was subscribed four times, as per NSE website.

It has received bids for 3.26 crore equity shares as against issue size of 81 lakh shares. Till Tuesday, reserved portion of non-institutional and retail investors got subscribed by 1.71 times and 2.60 times, respectively.

Company is mainly engaged in the manufacture and sale of speciality chemicals viz. selenium compounds, iodine compounds, molybdenum compounds etc. and pharma intermediates viz. Potassium Iodate, Bismuth Ammonium Citrate, Bromoform etc.

Omkar Speciality aims to raise Rs 76.95-79.38 crore through issue at price band of Rs 95-98 a share. These issue proceeds are proposed to be deployed for setting up of new manufacturing facility at Unit 4 at Badlapur, Maharashtra, with cost of Rs 32.16 crore; expansion of existing manufacturing facilities at Unit 1, Unit 2 & Unit 3 at Badlapur, Maharashtra, with Rs 14.62 crore; and working capital requirements of Rs 10 crore.

Friends hope for good gains!!!!

Retail Subscription 9.90 times (NSE+BSE)
Cheers!!!

OMKAR SPECIALITY
ONIONS WERE TRICKLING AT 12PM TO 2 PM
AND NOW IT CHEERS
I WROTE AT 2PM TO BE CONFIDENT FOR THOSE WHO APPLIED IN THIS IPO
GOOD LUCK TO ALL WHO ALL APPLIED IN TATA STEEL RATE STILL IN 650 RANGE WHEN NIFFTY IS 5600

Cheers!!!!!

At 4.00 (NSE+BSE)
QIB-0.82times
NII-5.27 times
RII-8.26 times
Total 4.02 times

@sj WHAT UR OPENION FOR omkar IPO?

Hi Boarders

Ill be back on regular basis on Chittorgarh message board from 5TH of Feb after my cousin's marriage

Shreedhar Buddy keep up the good work as always.. Proud of you

In the meanwhile market going down as expecte3d...Its raining shorts in Feb Futures...

Market broke the crucial 200 DMA of 5619 and ..expected to grind down further may be after a bounce back to 6635 6670...

Next levels to watch out for is 5550 5500 and after that 5410 and 5350

bear market threshold is at 5000 so if 5350 holds market expected to hold for the near term. Persoanlly max downside according to me is 5430-5350 levels. Then there is no support

Keep your head high in this adversity thats my advice

I can be contacted on the message board and m a i l for any stock ideas and help required regarding markets as usual i do for freinds and boarders on chittorgrh

Shreedhar long time no call....missing you buddy....plz call if you get time buddy..Gem bhai is being missed...

mISS YOU KEN kk milinds mukul srini gane and other close buddies

Plz post any queries you have

Always ready to help and wil keep posting and keeping you update on stock ideas and market direction as always

Stay ready on cash for wonderful oppurtunites in stocks arising now esp. in select multibagger Midcaps and even some select large caps to build a good portfolio for the remainder of the year.

Regards

Sj (Setu)

total in Retail till 3pm
(nse + bse)
6.06 ...

wat is d subscription as of now?

Response is at the last hr though still 1 hr left for ASBA in some banks:
At 3.00 (NSE+BSE)
QIB-82% (0.82times)
NII-400% (4.03 times)
RII-600% (6.06 times)
Total 3.13 times

Dear Sreedhar,

We love you.
We miss you today, but your timely msg saved us and showed the boarders capability of Sreedhar.

Talwalkars @210

Dear Sreedhar,

your stoploss is excellent range...in TALWALKAR's

wat is d overall subscription?

total in Retail till 2pm
(nse + bse)
4.17 ...

Qualified Institutional Buyers (QIBs)       4050000       2081880      0.51 times
Non Institutional Investors       1215000       365940       0.30
Corporates             347940      
Individuals (Other than RIIs)             18000      
Others            0      
Retail Individual Investors (RIIs)       2835000       8017860      2.83 times TILL 2 PM