@355-- Just now i checked in Ramky Infra's website. Their pre-IPO paid up capital was Rs 49.4 crore. Their IPO (only offer by company of Rs 350 crore) capital would be approx Rs 8 crore. Hence post-IPO capital would be in the range of Rs 58 crore. If it were to list at Rs 500, then company's valuation would be Rs 2900 crore.
If Ramky Infra has to list at Rs 500/- (as being touted by Udayan Mukherjee & others here), then Ramky's post IPO capitalisation will be in excess of Rs 3000 crore. IVRCL Infrastructure (which has about 3 times of Ramky Infra's turnover & 2.5 times of Ramky's profits) has a market capitalisation of about Rs 4200 crore at current market price. IVRCL is equally diversified and more competent than Ramky in execution. Based on this comparison, it is your guess at what price Ramky should list !
As per my advise, u can take a 1 rupee coin (new coin). put it in front of Ganeshji & Lakshmiji. Pure man se puja karke take back the coin. toss it. agar head aye to sare shares bechdo aur tail aaye to kharid lo / hold on. or u can do vice versa.
SJ U R GEM OF THIS FORUM, PLEASE IGNORE ALL THIS BULL..., UR ADVICE IS GENUINE AND FRUITFUL TO US, WE OWE LOT TO U AND RAVI BANGLORE(GENIUS).
PLEASE ADVICE US WE HAVE INVESTED QUITE BIG AMOUNT IN REMKY INFRA BECAUSE WE LIKE THEIR ORDER BOOK AROUND 10,000 CRORE AND GOOD INFRA PLAY, BUT ACCORDING TO OUR BROKER IT WILL LIST IN DISCOUNT BECAUSE THE COMPANY HAS SET IPO PRICE AT 450 ADVICE WHAT WE SHOULD DO ON LISTING DAY...........EAGLY AWAITED YOUR REPLY
donot panic as it is a good issue & give aminimum 5to10%listing gain on firm allotment like hmvl as infra is a good story and company has good fundamentals and fair pricing &retailer missed only due to bunch of issuesin a rush.sohopeforsomething better.
AFTER LISTING OF INDO SOLAR IN DISCOUNT...... RAMKY APPLICANT SHOULD NOT PANIC....BCAUSE INDO SOLAR IS NOT A SINGLE RUPEE EARNING CO.. AND THE AIM OF THE PROMOTER IS TO ONLY MAKE 300 CR + MONEY FROM THE PRIMARY MARKET.. WHILE IN THE CASE OF RAMKY IT IS AN EXESTING CO HAVING 10000 CR + ORDER BOOK ...SO DONT PANIC... IF IPO PRICE SETTELED @ 405 THAN WILL DEFINETLLYY LIST ABOVE 425 AND THAN WILL GOTO 450...