Shree Ganesh Jewellery House Ltd IPO Message Board (Page 43)

ANY GOOD ISSUE WILL SEE LOTS OF PARTICIPATION FROM QIP & HNI IN THIS ISSUE IT IS VERY POOR. HNI PARTICIPATION IS BY CLOSE FRIENDS TO SAVE IT. NOW DUE TO ALL STOCKS WITH THEM THEY KEEP THEIR GAME. IF MARKET GOES WRONG THIS WILL ALSO WRONG

hi sandeep
what will be the response about this ipo . i have applied for this ipo. it will give profit or loss.

Hi Boarders,
Why all of you claims that this IPO is very bad and overpriced? Indiabulls IPO analysts have compared this company with Rajesh Exports and Titan Industries. Their PE is 26 and 36 respectively whereas Shree Ganesh post issue PE is around 10 times only. According to this comparison Shree Ganesh is fairly priced and should give good listing gains if the market is stable at the time of listing.

Anticipating your views based on this comparison.

@ sandeep

How much have you invested in this IPO?
What makes you so positive about this IPO?
If it was so good, why did it get such a dismal response?
And lastly, why are you irritating everyone on this board?

Please spare us and keep your 'think' thoughts with yourselves

hi i am sandeep i think this ipo is very good i think ten thousand rupees will be gain from this ipo.

Here is the stategy:

1. If you have put in bids for 1/2/ or 3 lots, you can wait till listing. Either gain or profit, exit after listing.
2. Incase if you have submitted for maximum bids, then go for stop payment(Because risk is very high, a 20% loss means loss of 20%, also 20% profit mean gain of 20000... but who wants to take this much wider chance). Anyway after long time price of jewellary stocks will come down.....

I have allready given my views about ganesh ipo. it is upto the readers to decide, whether it is worthwhile to read or not.

View about any ipo will depend on the amount of risk one would like to take.

what are the charges for stop payment? how to do this? plz clarify.

Friends

Here is the last chance to save yourselves...

Please go for STOP PAYMENT...
This IPO will be a disaster. Even the other Jewel IPOs like Renaissance etc which were hugely oversubscribed are still struggleing at half of their IPO cost... Share markets dont have a high regard for Jewel companies.

Please please please save yourselves. Such companies come with an IPO only to loot the retail investors exploiting the good market sentiment...

ALL the BEST to ALL

Regards
Buzzz

@ RAMA and all his id that uses caps on and don't know manners and ettiquates of computer, Inida Max Fund House is company held by MAX LIFE INSURANCE. Like LIC/UTI/SBI/Any public concern, NII, the cororate bodies and the fund houses are not allowed to bid in the QIB portion. Also the shares they hold out of all advance before IPO investment is just 16% in compare to 46% held by IFCI and rest by Bank of Muscut.

Just like any other insurance company, MAX Life also invested. So did IFCI and also Bank Of Muscut. Putting money by big corporates in share market is nothing new, it's just hedge technique used to counter losses/generate other scource of revenues/use dead capital in market/get listed shares for long term horizen.

Just because they got shares at 260 doesn't mean they will run away by selling all stocks. And you are such a big fool, it's just 65 crore worth shares out of planned 371-385.3 crores worth shares (which is good news for us since these compnies won't sell the shares below purchase price)

Just because some emmbie looted, you put a finger on all companies where mac life invest now will you? 10 years ago embbi was a great company to invet in but now they are just in deatch phase cos of no expension of business and renovation at the correct time like DB Corp did. Both Co.s are big media gaint on central India, once embbi had market capture of 80% subscription of newspapers now .08% must be what they are getting.

So don't measure all companies with one goggle and use your brain if God has given that. AND PLS AVOID USING CAPS AS IT IS KNOWN AS SHOUTING LOUDLY< A BAD MANNER IN THE INTERNET WORLD.

Hi Guys,
I already advised day before yesterday that not to go for this IPO and save your fund of Infrasoft. Look at the subscription rate of Infrasoft and go for it on last day.

Cheers,
IPO Guru

REMEMBER ONE OF THE ANCHOR INVESTOR, INDIAMAX INVESTMENT FUND INVESTED IN EMMBI IPO AND EXITED ON LISTING. THEY HAVE ALSO INVESTED IN THIS IPO. THAT SHOWS THE QUALITY OF THIS IPO.

RESULT WILL BE SAME AS IN EMMBI.

Applied for one lot @270. Took risk of Rs. 6750 by knowing that I might loose 20-30% on listing. But gain also in same ratio. Don't worry who applied if no profit chances are less that it will go down more than Rs.240.

Remember NDMC, there I also took risk and applied for 2 lots.

@ karuna, I wonder how and why you are in market? And again I wonder how you put or rather played with so much money that you applied 2 lots?

Listen this and remember. You put your money in market and not the person who is advising. If making money was so easy that quacks like IPORAJA can get so much inside info, every Indian would be on forbes 500 list.

Use your brains, don't act like anyones pet. Afterall it's your hard earn money isnt it? Those operators who want to play with this stock as another "satta" stock like geetanji is, are spreading rumours so that these operators mostly based in Gujarat get these shares and our allotment exchance hands and they become rich.

All IPO are risky, if IPO are giving 100% returns in 1 day, it can eat up your money too, sometimes. So don't loose hope and fight with these rumour spreaders. Remember finally, market has 3 psychology circle i.e., greed > panic > fear. When you app[ied in this IPO you were greedy, this guy IPORAJA and some other satta players are maing your panic and in fear you'll end up loosing all money and hence curse a) yourself and b) market.

Hi Gem, I have applied for two lots in Ganesh IPO. What to do now? BL suggests to invest. I applied thro ASBA. Can I make stop payment?

PL MAKE STOP PAYMENT AS ISSUE IS DOUBTFULL IT IS MANAGED ISSUE AND PEOPLE MANAGED GOT AT DISCOUNTED RATE, THE INFORMATION IN THE MARKET IS THE SHARE MAY LIST AROUND RS 220 TO 230 AS THE PERSON WILL EXIT AT THIS RATE

The Bidding Pattern:
260      230.696
261      215.761
270      215.723


The price discovery has to be @ Rs.260/-

THIS WOULD BE A FLOP LISTING . CHECK URSELF FOR THE PAST HISTORY OF GEMS AND JEWELLERY IPO.
GITANJALI GEMS WHICH GOT SUBSCRIBED 10 TIMES IS STILL RULING 30% BELOW ISSUE PRICE. SAME GOES WITH OTHER JEWELLERY IPOS TOO.
TAHNK GOD I GOT SAVED AS I DID NOT APPLY IN THIS IPO AS IT WILL BE ALMOST FULL ALOTTMET.THERE IS NO DEMAND FROM ANY CATEGORY OR SECTION. STOCK TO LIST AT 225 RS.

yeh accha IPO hai, kam sucscription isliye hai ki market mein liquidity nahi hai.

dosto,
maine pehle bhi bataya tha ki yeh IPO current IPO mein sabse jyada listing gain dega, jis jis ne bhi apply kiya hai wo listing day ka wait kare aur party karne ke liye taiyar rahe. Yeh vada hai mera.