It's not clear avoid case, as following has recomended the same:
1) Business Line 2) Economics Times 3) Capital Market (47 Rating) 4) Money Control (Hem Securities)
Well Diversified Infrastucture play with consistent performer over past.
Please evaluate it before finishing your funds on other glamourous IPO's. As it may be dark horse with good allotment and reasonable returns turning out to be overall best IPO in profitabiliy terms than its peers.
just like Shri Ganesh Jewellery ur money will become half Very very high P/E size of issue very very large
Keep one thing always in mind,The most important thing is to protect the money as compared to earn. These types of issues are harmful for the money Stay away..many more good options are available at much better price
currently no buyer of share and application in Ramky
hi, another construction co from hyd likes of lanco,nag const . price of 468 is expensive compared to its peers. apply only if u can sell on listing for short term , becaz the craze is on for all i.p.o.s
I think, the data presented here is wrong for Ramky, The comapny has a PE of 15.5x and 18.0x at its lower and upper band respectively, compare to the industry avg of 24.5x. moreover, the company has a order book of 3.5x of FY10 revenues.
I STUDIED ASHOKA DRHP. LATEST EPS IS Rs. 17.5, BOOK VALUE 101, LARGE ORDER BOOK, 5 TIMES MARCH 2010 TURNOVER, 17 OPERATIONAL BOT PROJECTS, THAT MEANS TOLL REVENUE VISIBILITY FOR NEXT 16 YEARS, TWO LARGE BOT PROJECTS WILL START TOLL IN 2011. EXPECTED ISSUE PRICE 350, SO P/E RATIO IS JUST 20 . NOW COMPARE THESE WITH RAMKY. INVESTORS WILL BE BEST JUDGE AS WHERE TO INVEST . BEST WISHES TO ALL
Ramky is asking for a pe of 43 whereas nagarjuna const is available at a pe of 25. also if we compare the mar'09 results with sep'09 there is not much growth. is it still advisable to go for this issue
MUMBAI: Diversified infrastructure and waste management solutions provider Ramky Infrastructure has fixed a price band of Rs 405-468 a share for its Rs 5.3 billion initial public offer.
The offer opens on September 21 and closes on September 23, it said in a press release. The book running lead managers to the issue are Enam Securities and Deutsche Equities (India).
IN ORDER TO GIVE AUTHENTICITY TO THIS BOARD AND WHOLE HEARTEDLY SUPPORT GENUINE BORDERERS , SELF WILL STRIVE (AS TIME PERMITS) TO WARN BOARDERES AGAINST MESSAGES AIMED AGAINST THE MAIN CONTRIBUTORS.
THOSE WHO ARE NOT AWARE, AND NEWCOMERS MAY NOTE THAT SUCH ABUSES WILL , OVRE A PERIOD OF TIME, CAUSE THE REAL GOOD PEOPLE TO TURN AWAY FROM THE SITE. I CAN TELL YOU THE STORY OF SHRI SAGITTARIAN WHO VANQUISHED FROM THE BOARD OF MONEY CONTROL LONG BACK.