Orient Green Power Company Ltd IPO Message Board (Page 7)

buy for long

Applied 3 lots @ 47. Firm allotment is sure here too.

Investors : apart from very large floating stock, it will also will have liquidity problem. Remember: All cargo logistics and KSK energy.

Investors be aware, Oreint green power is the same "Shriram EPC" group company, who came 2.5 years back with IPO - "Shriram EPC" with same management including MD. IPO was issued at Rs.300. The price collapsed to Rs.220 withine 1 week. In fact it openned at around 260rs. It made low of 82rs.and after 2.5 years also price is ruling below 300rs. They are using shame trick again, showing future profit growth and what not and asking all the price today. The issue had to be rescued today by insiders. Also floating stock in the issue is close to 900cr. sizable qty. to manage.

Hi 54 Anonymous,

Just correction for your statement, all analysts are saying that subscribe this IPO for longterm perspective. May not good for listing gains.

Regards
Madan

orient green is very good issue for listing gain.every analyst suggested for subsription.share will be allotted at 47 rs.kyonki anchor investor ko 47 main hi allot hua hai

Renewable energy sounds good only in paper. Not much investors come forward to fund these projects. Mostly companies are getting into this to get govt subsidies as well as carbon credits. Most of the projects are economically inviable. Hence this IPO shall be a big FLOP show. Also Indosolar will also open in discount.

Ennam 3 rd class lead manager, NHPC dirvy choor company

Total Issue Size      166943986
Total Bids Received      21393875
Total Bids Received at Cut-off Price      494875
No. of times issue is subscribed      0.13

This is updated upto 12 00 hrs as per nse india

This issue also has poor response it seems

Is company ka management kiya Bagdo hi, NHPC, SJVNL,R POWER, INDIA BULL POWER, say sabak nahi sekha 10 ka share 55 may laykar public ko thagnay chala aya, ipo flop.

power stocksstay awayplz
save your money plz from chnadigarh

ANCHER INVESTER CAN BUY 47 PER SHARES

Power ipos- NHPC Dirty choor company, bhagoda management, IB POWER maha choor, R.Power chooro ka raja, S.J.V.N.L psu choor.

45. Anonymous

no ways. already there has been 100% flop record by all power ipos, any power ipo takes time to start production. it's like you loan money to your servant in wedding so his son pay you back!

and if big mutual fund houses and hni gets shares for 47 why are we getting it for 55? rs 8 looks small amount but it's approx 15%!

no buyers even at 47!

@aryan...so is it worth buying at Rs 55 ??

can i apply in green power

@ anon, even reliance power had 4/5 crisil rating. fundamentals of company can be good but pricing is what prmiary market should see with past profits, price to earning ratio, economy scenrio, order books for future assumptions, objective and even book running managers!

I think it's a good buy for the long term investment...investors looking for listing gains should avoid!!!

Orient Green Power Company Ltd IPO Grading / Rating

CRISIL has assigned an IPO Grade 4 to Indosolar Ltd IPO. ( is this a typo. does it mean Orient Power?) This means as per CRISIL company has 'Above Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for Orient Green Power Company Ltd.

Orient Green Power

Orient Green Power has raised Rs 115.4 crore through anchor investors. Sundaram Mutual Fund (Rs 60 crore), Eton Park (Rs 39.4 crore), and Valiant (Rs 15 crore) were the anchor investors to the issue.

The shares were allotted to the anchor investors at Rs 47 per share.

Retailers ko chufiya samajhte hain ye log. humko 55 aur an"chor" ko 47 ka!