Power Grid Corporation of India Ltd. IPO Message Board (Page 111)

any idea about grey market premium for power grid or when will i come to know this?

can anybody suggest me one online demat broker, brokerage should be less.

Amar Mundu, thanks for the info.

this is issue of the year.invester should apply for this issue.margin rate is limited but scop in future is good.one shoul not neglect this ipo

Oversubscrn end of day (10-SEP-07 )is :- 1.08 times overall                        
Sr.No.      Category shares reserved bid       
1      QIBs        279977448       597383375      
2      Non Inst Invtors 83993234       1666375             
3      RIIs       195984213       20039750      

4      Employee Resrvtn 13978000       40875      
      

       Total        573932895 ( A ) 620729125 (B)
                        
      

       B/A      1.081536065 times

Oversubscription end of day is :- 1.08 times overall
retail oversubscription is very less(0.1 times approx) bcoz of large size of IPO.
Max subscription expected for retail will be 8 times(My past experiences)
It can be 5 times too so apply as per your own choice.But keep in mind 8 time application will get FIRM alottment.

169 & 170 nishant , subhash where from you got information of over subscription before it appear in chittorgarh site.

Best Buy is DECCAN CEMENT having EPS of Rs. 50 and BOOK VALUE of Rs. 140 approx. available only @ Rs. 200, PE Ratio of only 4, which seems very low, compared to the other Cement Companies.

PGIL will be very much like Canara bank, and one can expect a short term return of ~25%, if not more.

Can anyone tell us about the latest Grey Market Premium of Power Grid ?

Upto 16:00, the IPO is oversubscribed by 1.07 times.

On the first day itself , PGCIL is oversubscribed (1.04 times).

Hi Amit,

Thanks for the Info.


kcp ---

Hi

Power Grid Corporation of India is a very good IPO, for further information you can also refer the journal dalalstreet, the first fortnight issue of this month.

hi mr skl
who told u that power grid will list on discount.plz stop spreading rumours.

Can any one share about PGCIL IPO... Wt could be the listing price and How much premium w ecan expect??

Thanks
Muttu

hi vikas....
to apply for this ipo online with icicidirect follow the instructions....
1) After login click on IPO link.it will show u all the available ipos.
2) in ipo section click on MODIFY ALLOCATION link. after that
just in front of Postal Savings,MFs,IPO & Others there is a textbox .if u want to apply for one lot (i.e 125 Shares)then write 6500 in that text box and click on SUBMIT button....
If the allcation is successful then u will get a confirmation as YOUR ALLOCATION IS SUCCESSFUL. If not it wil show u an error message.
As u have allocated 6500 Rs. , now u can buy one lot of Power Grid....(i.e 125 Shares)
3)Now in the IPO section click on the PLACE ORDER button.
It will show u the ongoing ipos .For Power Grid Click on
GO button.
4)Now in the Bid 1 ,check the Cut off checkbox .in the quantity section write 125 .
5) now click on the white space in the Bid 2 , so that in the value column of Bid 1 ,value will appear as 6500.
6) Thats it.. finally click on SUBMIT button and u will be done...

Such a simple task to Place an Order...Isnt it????

Hi

i am new with IPO. How much i have to invest in IPO for allotment. I am planing money by selling Bharti Airtel. at current price. should i do?
please tell me detail.

Can anyone tell me how to apply for this IPO online? I have demat and trading acct with icicidirect.com.

Power Grid Corporation — IPO: Invest at Cut-off (Hindu Business Line Report)

Investors can subscribe to Power Grid Corporation of India Ltd.’s (PGCIL) IPO at the cut-off price. The company is a near monopoly in the inter-regional and inter-state power transmission business where earnings visibility is high and operational risks are low. PGCIL is investing in trebling inter-regional transmission capacity over the next five years and is responsible for the planning and development of the nation-wide power transmission network.

Serious competition from the private sector appears unlikely for now and PGCIL’s growth can be constrained only by its own capacity to invest. With large generation projects set to come up in different corners of the country, PGCIL will have enough projects on hand to drive revenue and earnings in the medium term.

That said, investors need to be aware of the large regulatory risk that PGCIL is subject to. Its revenues are subject to the Central Electricity Regulatory Commission’s (CERC) tariff orders which spell out the return on equity eligibility apart from listing out the expenses that it can pass on to customers.

The offer price band of Rs 44-52 per share is at a price earnings multiple of 15-18 based on fully diluted 2006-07 earnings. There is no comparative play in the market now but on qualitative factors alone, the price appears to be reasonable.