below message is not advising for diverting the funds of Va tec Wabag to Ramky as ramky has no comparision with it but yes the funds secured for the other IPO's can be mobilize for the ramky especially tecpro.
One Silly question - I will apply based on the answer - If I apply at 405 and and cut-off is decided at 425 and Retail is not subscribed fully, now will I get at 405 or 425?
Wait for the analysis of Tecpro and its rating by the Capital Market if it's 47 go for 50% 50% in Ramky and Tecpro and accordingly take a call.
CM rating for the ramky is 47 and it seems as per the current scenerio that the issue price will be discovered lower than the high price band. hence improvement in the rating .
Ramky has most of its business 80-85% from the state governments i.e.they are good in the public relations (as you know bureaucracy).
This is something which has a upper edge than any MNC company like VA TEC WABAG especially in INDIA where quality comes second.
Have a thought about it.
76. Sj| Link| Bookmark|
September 23, 2010 12:03:46 AM
(400+ Posts)
All r recommending t0 subscribe at 11th hour............. why? where are they when the IPO was announced? Is anything cooking at the back stage. Whatever may be the case, Gray market Premium and QIB subscription is the key and accordingly thinking to invest 200K
LAGTA HAI RAMKY MEIN KEWAL SJ + SREEDHAR + SAHARANPURI + GEM HI APPLY KARENGE..........................
GOOD CO FOR 500 LISTING PRICE CUT - OFF AT 425........
I LEARNT SOME GOOD THING FROM SAHARANPURI, AS I WAS UNWARE OF MULTIPLE BIDS IN SAME APPLCN, THANK GOD I LEARNT THAT IN TIME, I CAB APPLY THAT STRETEGY IN RAMKY.......
Adding few more (6,7, and 8) - Last minute rush by broking houses (recommending subscription) to sail this IPO 1. Angel 2. HDFC 3. India Bull 4. Hem securities 5. Sawstika Investment 6. KR Choksey 7. Way2Wealth Securities 8. Gupta Equities Anchor investor Quota fully subscibed at Rs 425 Per Share
chalo maan liya retail 1 times hi subscribe karega.per itna to sure hai na ki listing premium pe hoga.agar 10 percent premium per bhi list hoga to kamai kitni hogi full aplication main. poore 10000.socho
RAMKY WILL FIX PRICE @ 405 AND NOT @ 425 AS THE BOARD HOLDER TOLD FROM THE SUBSCRIPTION OF THE ANCHOR INVESTORS. IT WILL LIST @435 AND WILL GO TO 475 TO 495 WITHIN FEW DAYS. HAPPY INVESTING!!!!!!!!!!!!
DONT BELIVE WHAT TULSIAN TOLD ABOUT RAMKY AND VA TECH, BECAUSE HE IS NOT GOD. HE IS JUST A HUMAN BEING. DONT FOLLOW HIM HE IS NOT OPERATING ALL THE STOCKS. STOCKS LIKE PRAKASH & MIDFIELD IN WHICH OPERATERS HAVE BEEN INVOLVED THIS ANNALIST FAILED TO PREDICT AND WHEN THEY HAVE TOLD TO SUBSCRIBE IPO LIKE SHREE GANESH JWELLARY THE ISSUE HAS LISTED MORE THAN 50% DISCOUNT AND TILL DATE NO ONE HAS RECEIVED THEIR CAPITAL BACK.
SO MY FINAL ADVICE IS DON'T FOLLOW SUCH FUNDAMENTAL ANNALIST.THEY ARE NOT GOD.
64. hchc| Link| Bookmark|
September 22, 2010 10:12:19 PM
Top Contributor (400+ Posts, 900+ Likes)
Apply for listing gains of rs.50 Retail portion will be subscribed between 1.8 to 2.1 times So good chance of allotment