Shekhawati Poly-Yarn Ltd IPO Message Board (Page 23)

Dear all members of the forum
Is there any broad consensus emerging regarding the subscription of this IPO

What is the application status for this IPO?

thnx

Ravi Bangalore,
Should i apply? if yes 1l or 2l?

Pl refer the rating rationale by CARE. EPS 13.63, factory proximity to Surat, the textile hub of the country i.e. near to both raw material source and customer base and hence low transportation and locational advantage, No litigation, wide experience of promoters/management. Good growth rate and financials.

COnstaints are high competition in the textile industry, small size of operation etc.

As per me, it is worth applying. Sicne issue size is less, it will get good response and will give min +20% listing gain.

Views of others solicited

Hi,

I wanted to know that is is ok to invest in Shekhawati Poly-Yarn Ltd IPO? Pls suggest me

Sreedhar,

Is it worth to apply for this IPO, Please let me know

Anybody know the subscription status?

80, Durai Raj, Tiruppur,
In Shekhawati you will not know the subscription details at the end of each day as you get to know in the book building issues. But going by the GMP and discussions and also the survey initiated by Sreedhar, it is understood that it will be subscribed very well. The fact that application forms are not freely available in cities like Coimbatore and Madurai indicates that something is cooking.

Hi Sreedhar i am Abhi from vizag , i believe u r d most admirable guy in this site , i hve 1 q 4 u can u pls guide me on wht basis we need to aply 4 tis ipo mean wht r d strong points in tis ipo and take d decision i hve no idea of any kind of pe ratio & kind of things ..pls help..

hii sreedhar.
really u r d king of ipo's nd ur predictions r almost exact.
so tell us wether 2 invst in shekhawati or in c mahendra.
thanks a lot
regards

dhairya

Anybody got the subscription status?

subscription INFO.....

Hi Shreedhar,
I admire you. Till today morning, RJ was more knowledgeable person than you for me.
But after 9:15AM today, i don't trust anyone except you.
Beleive me, now onwards your every call will be considered as as BrahmaVakya.
Many analyst were predicting a poor listing for Ravi.
However, from the first day, you were sure that it is good for listing.Even your prediction of going upto 80-85rs was correct.
I SALUTE YOU.

Small investor follow jhunjhunwala etc.
But now i will certainly follow you and you only.

Dear Friends,
I am applying for this IPO.If everyone of us apply it will be subscribed well & once it is subscribed well it will list well.In my survey 90 percent of chittorgarh friends have said they will apply.Since there is no IPO something is better than nothing.At least 2-3 k per application is good.

Dear jd & SK mea,
Please hold all the stocks as at this time there is no point in selling.I think you are new to this board.I had given a call to exit coal india above 330 .I expect coal India to go below 300 in near term but long term no harm at all to hold all the stocks.

SAMEERJAIPUR,

SINCE ITS VERY VERY NEGLIGABLE SIZE ISSUE ITS VERY DIFFICULT TO PREDICT THE RETAIL SUBSCRIPTION, RETAIL PORTION IS LESS THAN RS.10 CRORES SIZE SO SUBSCRIPTION COULD MULTIPLY IN MATTER OF HOURS.

ALTHOUGH MANY PEOPLE AVOID THIS KIND OF SPECULATIVE IPOS WHERE U HAVE ONLY ONE MOTTO OF LISTING GAIN, ITS "AAAR YA PAAR" TYPE IPO.

I GUESS RETAIL APPLICATIONS OF ONLY 2 LACS HAVE CHANCE OF ALLOTMENT, BECAUSE RAVIKUMAR'S LISTING GAME WILL INCREASE THE RETAIL SUBSCRIPTION AND HENCE THE CHARM OF BEING HEFTY RETURN IS OVER.

SINCE WE HAVE NO IPOS OPENING BEFORE JAN 10, WE MAY TAKE CHANCE IN THIS IPO AAYA TO "AAYA NAHI TO GAYA KYA".

MAIN RISK IN THIS IPO IS "NO/LESS ALLOTMENT" (90%), LOSS (10%).

ITS A VERY VERY SMALL CO, THERE IS HARDLY ANY "SIZE OF OPERATION" IN THE CO, BUT THAT WAS ALSO THE CASE IN RAVIKUMAR,ITS A "CO NEXT DOOR", U WILL FIND COS OF THIS SIZE IN UR AREA, I HAVE .

issue size is 32 crore so operators will enter very easy in this ipo.

Can anyone update for -- subscription figure ?

Dear SREEDHAR, should we apply in this ipo ?

hello all,
i am from chennai
may i know can i apply in this issue and also
where are formas available in chennai, few places i tried i did not find any