Rushil Decor Ltd IPO Message Board (Page 4)

I feel we should apply in Rushil.

Rushil Decor- at 2.00 PM (nse+bse)

QIB-0.23
NII-0.75
RII-3.19

Total=1.34 times

Today is last day FII has susbriced only .23 portion. Whether to apply or not . What is gray market priumium. Can anybody express his views.

Dear Vas net,

I have purchase Shriram NCD 10.5% yearly interest payment at 972(+1% brokerage). Please let me know YTM and when it is going to mature as I am planning to hold till maturity.

Shriram NCD

YTM has increased to 11.97%. The new NCD on offer has 1% discount on YTM basis

Dear Sreedhar,
Correction. Rushil has also got .23 times subscription in QIB segment.

Dear Sreedhar,
Birla has got .67 times subsribtion in QIB while Rushil hasn't any in this category.Still there is 1 day left but as on today's subscription would u prefer Birla to Rushil?

WHAT IS GREY MARKET PREMIUM OF SHREE RAM NCD

WITH COMMISSION AND INTEREST IN AHMEDABAD?

PLZ DISPLAY....

SHRIRAM TARNS FIN NCD 2011,

Dear GREYMARKET DUDES,

is this premium of 8500 for shriram trans NCD is with incentive and interest(7% on allotment) or with out? is this GMP in ahmedabad?pls reply.

Thanks Sreedhar,

By the way , this incentive was assured during SBI bonds time also and I have not received yet from Bajaj Capital. Have anyone received it?

Vasnat,
It includes 1percent incentive for applying .

Sreedhar/Gane

GMP of Rs.8500/- more or less matches with my calculation of 0.6% + 1% =>1.6% gain on Rs.5 lacs is Rs.8,000/- on higher side.

Dear Sreedhar / Gane,

YTM of currently trading NCDs do not suggest big premium whereas GMP figs seems high. Anything wrong in my calculations?

Sameer,
As long as it is subscribed in part atleast in QIB ,you can apply.QIB cannot withdraw once they have applied & hence no gimmicks like Vaswani will be there.
Anyhow Vaswani type operators who had managed subscriptions have got a solid blow.They will be wary.
See Timbor will also give 3K safe returns.So not bad

Sreedhar/Natrajan/Vasnet
Anyone of u made up ur mind for applying in Rushil?

Shriram NCDs

The near comparable is NC bond of ShriRam @10.5% Annual interest trading @ Rs.990/- which has some liquidity. Deducting interest for 3 months (March 16 - June 20) which amounts to Rs.26.25/-, the yield is 11.44%.

For this yield of 11.44% the new NCD of 11.6% would trade around Rs.1006/- which is 0.6% gain. The over subscription and market hype around listing date may add another 0.5%-1% max. But markets falling like this would only eat away even this small premium since investors would be shifting their funds to more risk free options.

What is the grey market price of Shri Ram Trans. NCD ?

Public sector enterprises under the Railway Ministry could be back on the disinvestment list soon. The Finance Ministry is likely to initiate discussions with the Railway Ministry amid concerns that the government will not be able to meet its disinvestment target for this fiscal. The companies in which the government could dilute its stake are Container Corporation of India (Concor) and Indian Railway Construction Corporation (Ircon).

"All administrative ministries are looking at suitable candidates under their control. We expect the Railway Ministry to soon initiate the exercise," a government official said, requesting anonymity on the ground that the move may also require political consensus. Mamata Banerjee, when she was the railway minister, had opposed disinvestment in railway public sector companies. But following her Trinamool Congress party .s landslide victory in West Bengal elections, she is expected to be more open to the idea of a stake sale in some companies under the Railway Ministry.

The new railway minister is likely to be a representative of the Trinamool Congress party. "In any case, we are talking of sharing the wealth of these public sector units with the people. There should be no opposition to that," the official said. The government holds over 99% stake in Ircon and 63.09% in Concor and may dilute about 10% in Ircon and 5% in Concor. A finance ministry official said the government has strong reasons to list these companies under the current circumstances as small issues, such as that of the National Building Construction Corporation, would not fetch enough money.

Dont apply for this third class company... this is my suggestion, stil if u want to take risk, its ur money!!!

Dear durairaj tirupur,

What will be future of market?
I am duraisami tirupur. mail id rdurais@india.com. send your mobile number to my mail id.