Power Grid Corporation of India Ltd FPO Message Board (Page 96)

Coming to power grid whats the take of all dear friends on this IPO.

Huge no of private sector IPPs n other plants are coming up which will surely be executed unlike slowmoving NTPC , NHPC govt behemoths so far.Hence power gris due to its monopalistic situation shud benefit but important part is valauation.Lets wait for price .

Further news is coming in that Tecpro in collaboartion with vatech & Gammon has dislodged BGR energy in APGENCO which was BGR hometurf n has emerged L1 in a large tender.Should I convert Ramky into Tecpro? whats the suggestion.

Sreedhar,Gem ,Sj & other friends

Coal India will be a fantastic bonanza for all of us as we collaborated & applied heavily.Thats the advantage of team work.AS huge no of applications of retail investors has already been sold in grey market as Kostak the scrip has moved to strong hands to a great extent.Since its more a utility play like NTPC & Powergrid the PE should touch comfortably 20 n hence 300 rs wud be a realistic target.So no selling is advised before this price is achieved.

an ipo gravita india opening nov 1 ...any idea on this guys?

Guys, this is the thread for Power Grid, please post your comments for Coal India in the respective thread and NOT in this thread

Power Grid Rate calculation - rough estimate
8000 crore is planned to be raised for 20% of paid up shares
Current shares - 420.88 crores
20% - 84.2 crore shares appx

Ball park rate - 8000/84.2 = 95

Disclaimer- This is a rough calculation only based on the current data available

Mr Bhattacharya, who made strenuous efforts to get employees to be part of the share sale and even offered to open demat accounts for them free of cost, points to the irony of the situation.

“Only 8% of the employee portion has got subscribed. This means that some 2.9 crore shares will now go to qualified institutional buyers (most of them are foreign funds). That’s ironic because unions have always loved to refer to ‘foreign imperialist forces’ as being the root of all evil and yet it’s they who will now hold a massive chunk of Coal India equity. It’s okay with us, but if employees had only exercised their option, a larger portion of the issue would have stayed with us.”
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Employee Quota--- 6174300 shares applied.Total reserved shares for Employee Quota-63163644.So total shares remaining from Quota is 63163644-6174300=56989344.QIB will be alloted 50 percent i.e 5698934400/2=28494672=2.85 Crore which is consistent with Coal India CMD assertion of 2.9 Cr to QIB.Retail will get 35 percent so using that calculation I have arrived at 2.09 times.


This post is Issued in public Interest & to prevent people from making wild guesses of arriving at the number of shares.

why ASBA facility not intregated in ICICI internet banking p site

power grid ahemdabad only buyers of 4000/-, eternal news government will declare 10% discount to retailars and it will response like coal india.

very good company...last time gave return of 15000 in retail application. After strong performance by coal, expect the same this time too...............

Kostak is 3800 in jpr,it may go up & tuuch 7000 once coal india ipo refund comes.

what gmp of gyscoal? and when listing?

GEM,
Without considering the unsubscribed employee portion into retail, the retail is subscribed 1.97 times at Cutoff.
And if we consider the employee portion spiling into retail, then at cutoff its oversubscribed 1.8 times or so.
Can you please detail us about your calculation.

kostak for power grid rs 2900/- in jaipur

People only see what they are prepared to see. ~ Ralph Waldo Emerson

If you don't read the newspaper, you are uninformed; if you do read the newspaper, you are misinformed. ~ Mark Twain

It looks more of a personal tussle and one trying to get the max. mileage out of it by going public.

The year mentioned is 2001. A good ten years have passed. At that time she says that SKS Micro prog was bankrupted(which was supposedly managed by Akula) and that funds were diverted from SKS Education. In 2008 she accuses Akula of having more income that declared and him had paid taxes of 31 crs. and also bought a flat which means that the co. was earning good profits.

She also says that she complained to SEBI. SEBI which has extended IPO's of VAtech and COAL over what seemed trivial issue would have definitely acted on her complaint if it warranted.

with due respect to "malini", i wonder why she did not gave her interview/disclosures etc when Ipo of "sks" was opened to public.
Sreedhar thanks for updates.
I am expecting other respectable boarders like sahranpuriji, kk, SJ & GEM & Ravi bangalore to give their opinion PLASE.
i AM AWARE THAT MOST OF THEM AVOIDED TO COMMENT TILL "coal ipo "IS OVER
& i repsrct their decision.
milinds

Sell application in 2750/. blank and it will subscribe more than 2 times. You get 5500/. and have to pay only 5000/.

nawneet somani
Jaipur

Dear Sreedhar,

Do you have any strategy for option call/put for powergrid ?

Whats your listing target for CIL.

I will send you mail also.

Regards,
Vishal

is fpo ka grey mkt ma kay preime chal rah hi