Precision Pipes and Profiles Company Ltd IPO Message Board (Page 12)

Is it possible to apply PPAP now? ie after 3.00pm, In nse web it states 10.00am to 5.00pm. If yes, let me know

how come retail is putting more money now then FII and QIB's ?

thoughts ? is this XMS effect ?

I applied less, thinking subscription will be less....now it seems i won't get anything if it get subscribed 12-14 times :(

Guys... thoughts ?

latest retail times of precicion pipes

Dear All applicants
for PPAP

The Subscription details as per friends are 8.25 for retail
good IPO
Allotment chances better .
Service of intime?? ?? ??

upto 15=00 hrs ,retail at cut off 8.36 times in PRECISION IPO

NEW DELHI: The race for picking up 26% stake in IFCI has narrowed down to three players. While the consortium formed by WL Ross, GS Capital Partners VI Fund and Standard Chartered Bank has opted out, three consortia submitted financial and technical bids on Friday. Those in the fray include consortium led by Sterlite Industries of Anil Agarwal, Shinsei Bank and Cargill Financial.

While Sterlite Industries has tied up with Morgan Stanley, the Shinsei Bank consortium includes Punjab National Bank and JC Flowers & Co. According to sources familiar with the proposed stake sale, the bid from Cargill Financial is in tie-up with Texas Pacific Group.

While there was no official word about the bids, the IFCI board is expected to consider them on December 17. Once the board picks a winner, the consortium concerned has to get approvals from regulatory bodies.

The process of inducting a strategic partner for IFCI started in August and is expected to be completed in a month from now.

Initially, nearly 10 suitors had expressed interest in buying stake in IFCI. However, only eight were shortlisted by the IFCI board, with Kotak Mahindra Bank and Newbridge Capital exiting the race at this stage. Of the shortlisted eight, only four undertook due diligence of IFCI.

With the WL Ross-led consortium not bidding, the race has now narrowed down to three players. The induction of a strategic partner is aimed at bringing in financial resources and management expertise without diluting the basic character of IFCI as a development financial entity.

It is believed that IFCI has fixed Rs 107 per share as a rate for converting bonds issued to public sector banks and insurance companies into equity. The institution had plans to convert Rs 900 crore of optionally convertible bonds issued to PSBs into equity.

However, it was decided later that the conversion would be limited to Rs 579-crore worth of bonds. This will ensure that public sector insurance companies retain their shares at the existing level of 13%, even after offloading 26% to a strategic partner. After the conversion and induction of a new partner, the stake of banks in IFCI would be more than 25% and government-controlled organisations would hold over 38%.

Oversubscription data at 2.55 today is as follows.
Retail Category at cut-off : 8.25times
Overall :5.48times
Others :4.02times (includes QIB’s, NII’s,)

I am obtaining this data from official websites of NSE and BSE.

Mr.Ishpal msg 111. I am indeed getting data from official sites of NSE and BSE. Anybody can access this data. I had already explained this previously. However I give the explanation once more.

Subscription data is given out by BSE and also NSE on their individual websites. It is available in three time frames. 1) Once in a day 2) Once every hour and is available with a time lag of 15 to 20 minutes 3) Live data which is available with a time lag of 5 to 10 minutes.

The first two i.e once a day and once every hour can be seen on either of the websites as the information is given in a combined manner.

For getting live data however you will have to open both the websites and garner information from each site add them up to know the subscription data. I give the procedure to be followed for knowing subscription details hereunder.

Retail investors and persons applying under employee quota are the only one’s who are allowed to bid at cutoff price. Hence to know the retail subscription you have to look at the data given against cutoff in case of NSE site and in the case of BSE site you have to look for data given against 9999(this is how cutoff is designated in BSE site).

Then NSE site gives total bids received data. Also BSE site gives data with heading BSE bid quantity. Add both and divide by no. of shares on offer you will have overall subscription.


FII’s, HNI’s, QIB’s data will not be available under any classification. Hhowever it is possible to deduce this data by deducting total retail quantity bids at a particular time with the corresponding total bid quantity. The resulting difference when divided by quantity allocated to them you will have subscription data for others.
Hope explanation is sufficient.
Thanks.
Regards to all.

retail ,at cut off 7.11 times at 14=35hrs in PRECISION IPO

109. Swaroop
I am obtaining this data from official websites of NSE and BSE.
those sites are showing last days data
u get it from somebody else right?

Retail Cut-off Subscription @ 5.75 times at 02:10pm.

Oversubscription data at 1.40 today is as follows.
Retail Category at cut-off : 5.05times
Overall :3.18times
Others :2.21times (includes QIB’s, NII’s,)

I am obtaining this data from official websites of NSE and BSE.

What is worrying in Precision is lack of interest from FII etc.
But the Co.s is good and has been paying reasonable dividends during last five years as such Even if there is no premium you wont be looser. But in depth it appears it will maintain a premium of Rs.25/- atleast . As such for Retail applicants there appears to be no cause of worry at all. Any how wish you all good luck in this issue. Fundamentally this co. appears to be more investor friendly. Request Comments from Fellow investors. Thanks

Retail Subscription @ 4.31 times at 01:00pm.

Dear Mr.Swaroop,
Please tell me the subscription status of this IPO.

Already subscribed in retail around 3.2 times so no need to worry definately we will get good return. 30-40 rs premium.

Pr. Pipes grey market premium is 23-25 which is not badwhen you are expecting afirm allotment due to poor subscription

I have blocked 96K in Manaksia, but now I am scared whether it will get listed above the issue price or not.
Can anyone guide me for Precision Pipes? Don't want to invest without advises?
Please suggest!

ICICI direct site is hopeless.
It is not showing and shares, IPO and watchlists

Is is working for anybody in Hyderabad ?

Now it is working I have Applied