Parag Milk Foods Ltd IPO Message Board (Page 21)

HNI subscribed 2 times … Aashish Kacholiya, RadhaKrishna Damani, Kriti Doshi & Mr. Wallya trusted Parag Milk Foods

HNI has gone to 1.76 times…..Parag is proving to be a dark horse

How much is QIB ?

.33

1      Qualified Institutional Buyers (QIBs)      1,03,88,303      33,73,370      0.3247
1(a)      Foreign Institutional Investors (FIIs)      -      33,73,370      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)      -      -      
1(c)      Mutual Funds      -      -      
1(D)      Others      -      -      
2      Non Institutional Investors      50,98,447      98,90,205      1.9398
2(a)      Corporates      -      30,63,385      
2(b)      Individuals (Other than RIIs)      -      68,26,820      
2(c)      Others      -      -      
3      Retail Individual Investors (RIIs)      33,98,964      32,74,505      0.9634
3(a)      Cut Off      -      30,15,870      
3(b)      Price Bids      -      2,58,635      
4      Employee Reserved      3,00,000      24,960      0.0832
4(a)      Employee (Cut off)      -      21,645      
4(b)      Employee (Price)      -      3,315      
5      Reservation PortionShareholder      -      -      
5(a)      RPS (Cut off)      -      -      
5(b)      RPS (Price)      -      -      
Total      1,91,85,714      1,65,63,040      0.8633

Fully subscribed with the help of non-retail but listing at discount to the issue price. So avoid.

QIB -0.53
HNI-1.85
RII-1.40

QIB - 55%
HNI -203%
RII -145%

last minute call,

this issue is sailing through, retails will be better to apply for this one for liquidation on listing day!

by listing day, if market has made an intermediate low around 7600-7550 and bounced back, there is greater change that issue lists at premium of 5%-8% which means retail making about 12-13% considering Rs 12 discount.

I have applied already for 2 lots this morning, will be putting 2 more towards the close! all the best.

No body is questioning the company , but the price fixed is too high .. no it is not worth applying .

Parag closing got moved to Wed 11 May. what does that mean:
a) heavy demand from HNI segment on closing day - 11 May as all the funds from Thyro and Ujjivan is unblocked by then.
b) additional time for Merchant bankers to ensure adequate subscriptions from institutional investors
c) it would be interesting now whether the issuance will happen at 215 or at the higher end of the band i.e. 227!

Looks like just managed to sail through due to ratail, employess and hnis.

What are the latest hni qib subscription data??
from where to know these data??
please provide link.

http://www.nseindia.com/products/content/equities/ipos/ipo_current_parag.htm?cat=A

http://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_new.aspx?Scripcode=1189

QIB:52%
HNI:1.72times
RII:1.25times

Hello Retail applicants....

Its high time to withdraw our application for this IPO.

It is very evident from the bidding status that very few QIB & HNI have shown interest to investing in this IPO.
So its likely to be a loss making idea to invest in it

Parag Milk Foods Latest update

Anchor – 100%
HNI – 112%
Retail- 110%
Employee- 87%

HNI showing trust on Maharashtra based Parag Milk Foods

Parag milk foods growing with fast pace
Retail 1.1 times
HNI 1.12 times

Don''t Invest in Parag Milk Food
Avoide this ipo
QIB and HNI not invest in this ipo so avoide

Indian foods and particularly dairy sector are attractive and very large. There are many players, so the opportunity is in a premium products play.
PMF has good brands and is in precisely this premium brands market.
So far the focus has been on revenue growth, the focus has to shift over the years to margins improvement. With established brands, this is a good possibility.
PMF is focused on institutional investors with this offering, as the offering is available to institutional, non-institutional and retail in ratio of 75:15:10.
The IPO is rated as average, and Retail Investors can AVOID it.

QIB 0.4 HNI 1.12 RII 1.11 Total 0.72 at 2.00 pm

Retail 1x :0

update parag

QIB* - 00.40×
HNI - 1.11×
RET - 1.08×

parag

QIB* - 00.36×
HNI - 00.24×
RET - 00.94×

AVOID THE PROMOTERS SHARES R PLEDGE SELLING A BIG CHUCK. IN THIS IPO THE WHOLE COMPANY WAS VAULED AT 1200 CR A YEAR BACK WHEN THEY WANTED TO SELL THE COMPANY TO A BIG FRENCH DIARY COMPANY AVOID.

FAIR PRICE 130 TO 150 MAY BE WE COULD SEE PRICE REDUCTION IN THE IPO

well said, fully agree

hi..Septaji

On listing day sell or hold 3 to 4 month thyrocare & ujjain

One should avoid it if not participated by QIb and Hni.

Avoid this ipo....no major initial gain during listing week...better wait for next ipo....cheers!!

Parag Milk Foods Ltd.,- Last Day Sub Fig., @ 1 P.M.:
QIB* - 00.36×
HNI - 00.24×
RET - 00.94×
EMP - 00.78×
TOTAL - 00.44×
*EXCLUDING ANCHOR

what''s ur status

thyro applied / alloted
ujjivan " "

what is current GMP

Even at 1:40 QIB and HNI is not full. Many chance that those will not be oversubscribed 2 and 10 times respectively. Shall we give it a miss?