Parag Milk Foods Ltd IPO Message Board (Page 20)

Septaji,Rajivji,plz ans refar4857

I don''t understand the logic in reducing 5 Rs on the lower price band :-)
Anyhow, they will fix issue price at higher price band, once the issue sails through.
Kaloos promoters!!!

For Parag the discount is given 12 rs for retail, so we have to apply at 215 or 227? consider we have applied at 215*65=13975 will spend, so the discount amount 12*65=780 will credit to our account or share? how it will work?

Mahanagar Gas IPO to be announced next week; Gail in focus

GAIL

was rallying in trade on Friday and was up around 5 percent on back of news that Mahangar Gas'' (MGL) initial public offering (IPO) will be announced next week. Both GAIL and British Gas Asia (BG) hold 49.75 percent each in Mahanagar Gas.
It is going to be an offer for sale, where both the companies will sell 12.5 percent each and raise close to Rs 2500 crore.

They are looking at a valuation of around Rs 4800 crore for MGL.

The company had filed its draft red herring prospectus (DRHP) with Sebi in November seeking permission to launch the IPO. It obtained clearances from the regulator on January 15, as per the latest update.

Mahanagar Gas'' initial share would be around 24,694,500 equity shares.

Bankers for the IPO include Kotak and Citigroup.

hi..Septaji

On listing day sell or hold thyrocare & ujjain
your review

Ah looks like the same info published in an article on money control.

Better buy from secondary market. 5 rs reduction still not gd enough. It reminds me of loooot u koooot u guy. Don''t remember his name.

just get into NSE / BSE official site - you can get the datas

Thanks boss. I got the data from NSE Web site......

Hi I am new on this. How you get such accurate subscription data so fast....

IPO oversub by 1.29 x TO PAN KEM PRICE GHATADI ANE TIME LABAYO?

Promoter dont want discount listing. Try to convince QIB people for over subscription.

It is oversub by 1.29 x - successfully sailed through. Expecting to be priced at discount as retail & QIB is not up to the mark
Better buy in market at discounted price

If issue extended in any case then it’s a regulation to reduce the price band. In case of Parag, the Issue closure date has been extended by 3 working days to accommodate pending demand from certain international and domestic investors against the backdrop of volatile stock markets in the week of May 2-6, 2016.

:) okay anything else RightRahul..... the real reason is QIB forced the management to reduce the price in order to reduce price they had to extent the issue days.... not the other way round. For me this is still AVOID

Parag Milk Foods Ltd.,- IPO EXTENED for three days & will close on Wed 11 May 2016.

Revised Price Band : Rs 215 - Rs 227
Bid Lot : 65 Eq Shs
Ret Dis : Rs 12

Subscription @ 4 P.M.
QIB* - 0.55×
HNI - 2.66×
RET - 1.56×
EMP - 0.96×
TOTAL - 1.30×
FORMS - 59777
*EXCLUDING ANCHOR

thanx eagleye. deadline has been extended till 11th - looks like Thyrocare and ujjivan have sucked up liquity . ...... BEST .

Did u get thayro nd Ujjvan ?

what is the big deal about a reduction of 2%? it will still trade at a discount on listing.

100% agree however i think the book building price could be at lower price.... still not worth the issue at that price prabhat is still struggling after 6 months

interesting will be to see at what price the allotmet is made? at 215 or 227?

this is going to be sort of first instance where the overall issue is subscribed, but the instutional portion is unsubscribed and the issue is forced to extend the closing as well as change the price band!

Price band cut to 215-227.

HAVE KOI NEW IPO AAVE CE

Mahanagar gas , likely next Wednesday

BOOK BUILDING ISSUE OF PARAG MILK FOODS EXTENDED TILL WEDNESDAY 11TH MAY 2016

One is insult paid in kind to the Company.

Second, it proves your point EE. It was never worth it. :p

But is it now?

Dear Eagle Eye ji,

Greetings! I applied for a 1 lot @ 220.
With the above news being true, would it be better if i cancel my subscription.
Considering lower band is now priced at 215?

Any suggestions?

Thanks in Advance.

Parag milk foods public issue extended till Wednesday 11th MAY 2016.

Last I looked at subscription figure the issued sailed any reason has price reduce

This is an issue under Regulation 26 (II), whereby its compulsory to have 75% QIB subscription...and the same has not happened here...

Parag IPO extended by 3 days and lower band reduced to 215

215 -12= 203 , still not fair value, 185 was better, although ipo fully subscribe its seems qib pressurised to reduction

From where u got that news buddy??
Plz share link

ujjivan worth buying at this gmp. i think will list close to 300.

Parag GMP Rs.3 - 4
Thyrocare GMP 230 - 232
Ujjivan GMP 56.50 - 57.50

QIB 0.55x HNI 2.37x RII 1.55x Total 1.12x at 03.55pm