Sanghvi Forging & Engineering Ltd IPO Message Board (Page 3)

hi 528 every 32people out of 89 will get min 40 shares

Lakhvinder,
Now no use selling PFC instead time to buy at lower levels.All FPOs share prices have risen after the completion of FPO .Tatasteel to 660,Shipping corporation to 149,REC to 250,Powergrid to 103,Engineer India to 350 & so on.PFC will give a good opportunity to hedge your positions later.I have not shorted even a single share for FPO.After PFC results I had shorted one future at 246.That one also I will cover at 220-221.

NEW IPO :

Aanjaneya Lifecare Ltd, a unit of Finaventure Capital Ltd , has set 228-240 rupees a share price band for its initial public offering ( IPO )) to raise up to 1.2 billion rupees, the company said in a newspaper advertisement on Tuesday.

Subscriptions to the 5-million-share issue begin on May 9 and close on May 12, it said.

Anand Rathi Advisors Ltd and IDBI Capital Market Services Ltd are the book running lead managers to the issue.

sreedhar nd all xperts,
plz tell us after muthoot nw in whch ipo we should invest???
thanks..

SPA SECURITY ANALYSIS SAYS MUTHOOT EPS WILL BE 14.8 RS FOR

FY 11

MEANS AS PER P/E OF MANNAPURAM

WHICH IS 19.55

IT WILL LIST AT 19.55*14.8= 289 RS ON LISTING DAY

SO ONLY WAIT AND WATCH THE GAME DON'T SELL YOU HAVE REAL GOLD IN YOUR HAND

Seenuipo,
Good thinking.I also think servalakshmi should give gains most probably but I apply to any IPO only when I am 100 percent sure of his Success.Your Idea of Innoventive is also good it can be definitely shorted with 5 rupees stoploss above Issue price if it lists in discount.

I am also having applications from Muthoot. Apart from that, I have not subscribed to any. Looking forward for the splendid listing on 6th. Lets see.

Gane.

WHAT IS THE KOSTAK OF VASWANI AND SANGHVI TODAY

Manas Chatterjee,

There is a slight risk of FPO shares getting listed after 26th May(i.e futures settlement).So consider this before shoring this month futures.

Dear seenuipo,

We have added the Issue Size (In Rs Cr) to the “IPO Report - IPO Over-subscription Vs Listing Gain”. Thank you for posting your feedback on this forum.

We also request all our valuable boarders to provide their kind feedback on reports and suggest new reports which are valuables in analysis of historic IPO data.

Thank You,
IPO Forum Modulator
Chittorgarh.com Team

bangalore king sir,
As per your recommendation can we short on the listing day for gains.

At the upper end of the price band at 85, share is being issued at PE multiple of around 17 times, which is very aggressive given the company’s small size, likely execution risks and high debt servicing obligations. This is also not in-line with other larger and established peer such as Ahmednagar Forgings with 10 times the company’s expanded capacity and sales of Rs. 850 crore and trading at PE of less than 5 times.



As much better players are available in the secondary market, investors can give this one a miss. Only solace for the issue looks to be that it does not look like a BRLM-company-operator nexus stock.

which is the best day to apply in FPO.FPO is complex instrument so many factors are to be examined

Hello Vas net sir ,
analysis of Over Subscription Vs Listing Gain has been put as a new IPO report in this site is good for analysing but the issue size also could be mention .This will be beneficial in another direction also.

Dear Rohith G
Sangvi is a small issue,

In most of the cases the price control mainly based on the issue size rather than fundumentals.

Example: If there is a very samll amount issue and somebody bought the stocks of double the size in the graymarket(and more also possible) and tries to capture more number of shares on the listing day)
Then what would be price of a script at the end of the day and think those shorted.

Ultimately who will be benefited.Think for a while.

This is the secret of market.

The same may be reverse if they do vise versa.

But this is not possible if the size of issue beyond 200 crores like PFS and AtoZ or NHPC and Sutlez and so on.

Hence better luck the script to move in predicted direction.

GMP OF SANGHVI

Rs.1.50

.

whats gmp of sanghavi ?

DEAR GEM IPO FINDER, THANK YOU VERY MUCH.

A LA

AVOID SANGHVI AS DATES ARE SIMILAR WITH PFC......

SO APPLY IN PFC FOR MUCH BETTER GAIN.....

Dear Gem ipo finder, Please let me know your Recommendations on Sanghvi Forging IPO. Thanking You.