Prakash Steelage Ltd IPO Message Board (Page 24)

Please Say latest gmp of SKS & BAjaj Corp

I wonder if this IPO is a repeat of Aster Silicate!
Whereas the HNI have subscribed very agressively, and an impressive subscription from RIIs and the Employees,and no subs. yet from QIB, what if one applies for full, and if the retail portion is oversubscribed 10 times, and one applies under ASBA, the nett outgo will be around Rs.5000. And then, right after the listing, comes hell or high water, immediately sell? If it opens negatively,say by 10%, one would loose 500 rupees. However, as is more probable, it open in the positive,say by 10%, one could make a quick buck of Rs.500. I know it is not the right approach for long term investors, but then it surely is something that would teach the operators a lesson or two. I solicit your views.

Guys

Employee Quota fully subscribed
An employee knows better abt the company rather than anyone
Same as in Technofab employee Quota was fully subscribed

Enjoy!! It must give decent listing gains

69. CHEMCHO

If nothing works & only loose, then why you invest. Even if you want to invest, toss a coin, head you apply & tail you avoid. No need to check this site also.

87. IPOFinder
Many Many thanks for good and clear gauides to me
I wil apply and wait for selling other wise open will be continues Thanks thanks

Mr.ALIBHOY SAKAR BAZAR WALA
please give me some advice about prakash steelage ipo

78. powerbid
IN ASBA (WITH ANY BANK) ONE A/C HOLDER CAN SOURCE UPTO FIVE APPLICATION NOT BOTHRING THAT IN WHOES NAME THE APPL. WAS.
SO YOU CAN APPLY IN FILE APPL OFYOUR FAMALI MEMBERS.

@86

Kostak rate is around 1600-1800 , but you should wait for selling till the last day of subscription, based on the last day subscription u should take the decision.

It's an operator based script with moderate valuations( neither costly nor cheap) so listing gains can be better.
Hope it helps!!!

ipo finder thanks what is costal 1500/1600 or other?
grey market sell apply? Or Open apply please gauide me.

dear .ALIBHOY SAKAR BAZAR WALA any news about coming new ipo

Dost 5k means 5000 :)

ipo finder
what is mining of
(It will surely give more than 5K in 1 lac application on listing.) please clarification 5K what is?

Guys,

Apply in full load in Prakash steelage

Very very small issue of just 60 crores.
yesterday had a few words from brokers...many many big operators are active in this script

Current GMP =18-19 in Ahemdabaad

It will surely give more than 5K in 1 lac application on listing.

dear .ALIBHOY SAKAR BAZAR WALA any news about coming new ipo

Prakash Steelage

Steep price

Increasing capacity and promising higher utilization despite lower capacity utilization over last few years


CM RATING 30/100
Valuation

At the price band of Rs 100 to Rs 110 per equity share (Rs 10 face value) with EPS of Rs 10.2 for FY 2010, the P/E works out to 9.8 times to 10.8 times, respectively. Among peers, Ratnamani Metals, the largest player in the industry, has P/E of 7.2.

70/71 amitabh
Please more clarification
what much 4 gain in prakash ipo?
(one can invest 4 listing gains.)

kindly help me i have a bank account with kotak,is it possible for me to apply for ipo through asba for my family members as well or they also should be a joint account holder with the bank

There is nothing found to be convincing about this company.. working in highy competitive environment .. Poor corporate governance ... small company ... exchange fluctaution risks ...negative cash flow in past years .. real valuation need to trade aorund Rs 50 .. but could be hijacked by operators and HNIs .. One can only consider investing if QIB portion exceeds 33 times.

Engineers India now zooming...................................................................

Sourabh,
I shorted yesterday in Cash market & covered at same rate.Today I also I have put the order at 335 & 338 today.Just to ensure if EIL goes down I may profit.Even if it goes up no problem for me.