Orient Green Power Company Ltd IPO Message Board (Page 9)

@ SJ & other knowlegeable boarders,

I m a silent watcher of this board. Out of the present IPOs I will be able to apply for one only. Kindly guide me which one is best one in your opinion. Thanks.

PT

Any Form rate?

I am a new reader to your site.

What is your call on VA Tech Wabag and EROS ??
What is the GMP for these two issues.

regards

Price Band For OGPCL - Rs. 47 to 55
Should we apply?

SAM

WHO IS SAYING WE ARE APPLYING

ON THE FACE OF IT IT LOOKS GGOD

LET ME STUDY MORE

I WILL THEN SAY THAT IT IS GOOD OR AVOID

HAVE PATIENCE AND YOU ALSO RESEARCH IT

IT KIS NOT LIKE INDO SOLAR SAM...

REegards

Setu

@ SJ

Point taken.

GEM/SJ/Shreedhar

Why look at orient when we know that the benefits will start only after 2-3 yrs, where as there are IPOs like VA,EROS & Ashok which will give instant returns.

Does n't it make sense to keep your options to a limited no of IPOs with assured short/medium & long term benefits, instead of taking a bet on something which may/maynot give good returns in long term

Shriram EPC, a promoter of Orient Green, came out with IPO in Jan 2008 at issue price of Rs 300. Issue fared very poorly, particularly in NII & Retail segments, and is quoting below issue price today. Its all time high/low is 377/76.60 & current PE at CMP of 296 is 27.
Judge Orient accordingly.

SJ

I DONT THINK I M IN A POSTION TO LOOK AT IT.........
I HAVE LTD MONEY TO BE INVESTED ONLY IN EROS, CP, VW, AB..
I WOULD NOT BE ABLE TO APPLY IN THE ABOVE THEN WHY LOOK AT MORE OPTION AND NOTHING EXCITING ABOUT ORIENT.

DEAR BOARDERS

JUST CAME OUT WITH THIS PIECE OF INFO ON ORIENT GREEN POWER

_____________

India Orient Green Power sets IPO price band-sources

MUMBAI, Sept 16 | Thu Sep 16, 2010 10:27am EDT

(Reuters) - Indian renewable energy firm Orient Green Power Co Ltd. has fixed a price band of 47 to 55 rupees for its 9-billion rupee ($195 million) initial public offering that opens next week.

Power sector focussed contractor Shriram EPC (SHRI.BO) holds 35.8 percent stake in Orient Green, which also counts private equity firms Bessemer Venture Partners and Olympus Capital among investors.

JM Financial, Goldman Sachs (GS.N), UBS (UBSN.VX) and Axis Bank (AXBK.BO) are the managers to the issue. ($1=46.1 rupees) (Reporting by Sumeet Chatterjee and Prashant Mehra; Editing by Surojit Gupta)

________

One can assume that and analyse although it is not official for at least time being

GEM AND SHREEDHAR PLZ HAVE A LOOK NOW

Dear Gane

Best is Orient Green Power BUT JUDGEMNT CAN BE AFTER PRICE BAND. IT IS OWNED BY PE INVESTORS AND SHRIRAM EPC. IT HAS PROMISE

WHY WILL I BUY ATTRACTIVE BUSINESS AT UNATTRACTIVE PRICE IF TIME FOR IT TO RECOGNIZE REVENUE WILL NOT BE BEFORE 2013-14

RAMKY 40 PE AVOID

ELECTRO AFTER PRICE BAND COMES OUT ON FACE IT IS AVOID THOUGH LETS SEE PRICE BAND...COZ CORPORATE GOVERNANCE OF ELECTROSTEEL GROUP HAS BEEN QUESTINABLE IN THE PAST

7.pakkahindustani, Suzlon is in to the manufacturing of Wind Power equipments, not in power generation. While Orient is generating power from Wind energy and from Bio-waste, hence two can't be comparable.

looks like suzlon to me. better to avoid this sector. Roads, highways transport infrastructure sector is better for long term revenue visibility

Suzlon being one of the largest wind power company of the world is struggling, then how come orient will survive. It's better to bet on SUZLON than Orient in renewable space.

Dear SJ, Shreedhar & Gem,

Which is the good one in this new lot? orientgreen, electrosteel and ramky.. What is the GMP for these 3?

Thanks.
Gane.

welcome on all the new company of renewable energy....

@ 2 rakesh,

they have to give profits and since last year was bad, q2q and y-on-y results are very good so all want to enjoy on showing stats. If they dont come now they have to wait till FEB 2011.

Give me some sunshine Sep 16, 2010 11:18:24 AM IST IS A SPAM

kitne sare ipo ayage in sept

MVS YOU WILL GET rs.85.25 AS DIV.