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September 29, 2010 8:25:40 AM
Top Contributor (600+ Posts, 100+ Likes)
I guess price discovered should be out today or tomorrow. Microsec rice was declared tomorrow, Eros and CP will be on higher band so no guessing still they haven't disclosed.
Keep this share for long term horizon as this company is jack of all trades. water treatment to water supply, irrigation to small size power generation, transmission and distribution, infrastuture and bot, mining, rock crashing... such diversified portfolio. sure 3 times in a year.
My guess is eros, cp and microsec ate up alot of money so there was not much action in this ipo. It may go below 425, anchors price so qibs can add this. Even mutual funds are looking to add this for long term.
discoluser-i've 3 lots and willing to buy more on listing cos of good diversified company.
WHAT IS THE PRISE BAND OF THIS RAMKY FINALISED....THIS IS RAM....KI....CHABI(KEY..MANE CHABI...)AFTER ALLOTMENT CLOSE SHARE BUISNESS AND, FIND THE LOCK OF RAMKY
333,Mr.Manoj sharma, for your kind information,i like to gide you (i had stoped allotment so many times) 1..send a letter by fex to ragistrar along with xerox copy of accnowlegement slip of your application recipt,signed application,mantionig application no,cheque no,bank name applicant demate detail pan no. 2..send same detail by mail to ragistrar.without xerox.only tax letter. 3..send cc to comany mailing address. 4..send cc to sebi and last be conected with ragisterar by phone...and ask hime your application prossed or not for stop allotment. if you will sucseed shour.
Even the meagre 2.8 times subscription was hard managed. The price has to be fixed at lower end and after listing, it will go down to Rs 350/- All these construction companies show dressed- up book profits, but huge negative cash flows.
I am happy that I did not apply at 450 and get allotment. probably it will list at discount and we will lose money. Instead it is better to be without any shares.
Gane, but what is the use of Retail Quota then? All retail should get the allotment :( Any way, Will you be happy or sad if U don't get the shares, given that at Rs. 450 it will be highly priced issue and will be unattractive on listing ?
Gane, but why ??? The retail portion is subscribed just 0.99 times. So anyone who applied in retail quota, must get full allotment, no? How can they deny it ??? :( Is it a regular practice?