SJ Bhai, What is the final call on RAmky. Is there any last moment change of minds? You said, being infrastructure company it might give good returns on listing[going by other company listing performance]. But most of the boarders are of the view that it was very highly priced and subsciption details a re also not so encouraging[o.6 times overall].
Request you to give ur final call on how many lots one can apply? I have 5L cash and have plans to invest in VA Tech, Ashoka, Techpro, Gallant, Cantabil. Not decided on Electrostell.
BR RamS
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September 23, 2010 1:50:26 PM
Top Contributor (600+ Posts, 100+ Likes)
117. Anonymous
yaar i said that after subs figure shooting up. in last 15 min nse got .6% rise. retail is still way to go. qibs can spoil the show. demand is going up so will be the rate and gmp too.
Current Listing at 12.27 NSE Site Total Issue Size 10947294 Total Bids Received 6530006 Total Bids Received at Cut-off Price 246134 No. of times issue is subscribed 0.60
Its book running lead manager is "Enam Securities Private Limited". Enam always has issues with valuations in the past. Best example is NHPC.They have done the same mistake here. The issue is over priced.
Friends buy buy, Udayan is reccomending this IPO! http://www.moneycontrol.com/news/ipo-issues-open/ramky-infra-should-settle-at-rs-500-post-listing-udayan_486352.html
NSE Site is still not updated with subscription figures. Really poor. Till 11 AM it is subscribed for 0.22 times overall. Really confused whether to apply or not.
GEM&SJ, Ramky dal diya bhaiyya at 425.Woh bhi cheque se dala.No ASBA for me this Issue.Today I will not be having net access through laptop hence no ASBA.Otherwise I would have made multiple bids. Other friends, I have filled physical application & not through ASBA.If you apply through ASBA at 425 & Issue is discovered at higher price your money will be blocked.So be careful.Try to put physical applications .If not those who want to take risk apply at cutoff.Mostly there is a chance of price being decided at 425. Don't worry it will be subscribed well in QIB which is the most imp factor in Issues of this size.