SJVN Ltd (Satluj Jal Vidyut Nigam Ltd) IPO Message Board (Page 29)

in satluj ipo, who have applied in maxi.,will get ...1300 shares...approx.happy investing

On listing the stock should take a PE of 16. According to that it should list around 28-29 giving a reasonable profit.

WARNING!!!

For all those who have applied in this stock, be ready to see a great DIP on the listing day... Stocks like NHPC which were placed at higher premium and great over-subscription are struggling... dont know what will happen to the investors of SJVNL... Do a stop payment or whatever u can to save urselvs

think it'll list at 27/28 and move in the range 24-30 for 6 months or so...anyways...nobody can beat the market...letc

SJVN Limited      
Last updated on 03/05/2010 07:00 PM
Sr.No.      Category      No.of shares offered/reserved      No. of shares bid for      No. of times of total meant for the category
1      Qualified Institutional Buyers (QIBs)      246990000      2229445750      9.0265
1(a)      Foreign Institutional Investors (FIIs)            365934250      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            1293563250      
1(c)      Mutual Funds            559962500      
1(d)      Others            9985750      
2      Non Institutional Investors      41165000      139437000      3.3873
2(a)      Corporates            108659750      
2(b)      Individuals (Other than RIIs)            24369750      
2(c)      Others            6407500      
3      Retail Individual Investors (RIIs)      123495000      384816250      3.1161
3(a)      Cut Off            325697750      
3(b)      Price Bids            59118500      
4      Employee Reservation      3350000      825000      0.2463
4(a)      Cut Off            804250      
4(b)      Price Bids            20750      
Totals      415000000      2754524000      6.6374



http://www.bseindia.com/bookbuilding/cumudemand.asp?scrip_cd=339&ir_flag=IPO

Retail segment at cut off 1 times means if price above 23 than full and firm allotment ,bhagwan bachay allotment pay bik jay.

Sapnay dekhnay pay koi rok nahi, tum loog shree ganesh ko bhe 300 ,400 pay list kara rahay thay , NHPC ko booltay thay market chahay 5000 a jay yah 36 kay nechay nahi jayga.

Hi DC,
U will not get this shares at Rs 15 in life time. So keep dreming. To dream is not bad idea.

I will buy sjvnl at rs. 15

@364 RAVI BANGLORE
CAN YOU PROVIDE LINK TO CHECK FUNDAMENTALS OF SJVNL WITH CITI , JPMORGAN ,CLSA ,MOTILALOSWAL

Satluj will list with min 10% +5% discount for retail Investors=15% as it is much cheaper than it's listed peers & size doesn't matter as long as valuations are reasonable.

The 41.5 crore shares initial public offer of state-run power producer Satluj Jal Vidyut Nigam (SJVN) has received a good response from investors and got subscribed 6.8 times so far, as per data available with the National Stock Exchange.

The issue, which closes today, has received bids for 269.06 crore shares against 41.5 crore equities on offer. Major bids were received at Rs 23, at lower end of price band of Rs 23-26 per share.

LIC, ICICI Prudential Life, and ICICI Prudential Mutual Fund submitted maximum bids at the higher end of the price band for SJVNL IPO, sources said. LIC and ICICI Prudential Life submitted bids worth Rs 1,070 crore each. ICICI Prudential Mutual Fund and State Bank of India submitted bids worth Rs 850 crore and Rs 300 crore, respectively.

For SGJVNL, check fundamentals with India Infoline or JP Morgan or Citigroup or CLSA or Motilal Oswal. Generally, their analysis have good success rate.

Divide their fair value by 1.5 (50% discount / margin of safety to fair value). That is good entry point for long-term investors. Technically, I have already indicated as per charts.

329. K.K.Natarajan

Right now, I have information that it has fair value of Rs.180. Hence, accumulating below 100 (96.5 possibility as per technicals) is a good idea. For details, check in SGJHL page wherein I had given detail technical analysis.

It seems you have taken heavy exposure in this stock. So, you have no choice rather than waiting. My suggestion unless IPOs have good margin of safety, don't apply 4 full applications & still worse, hold them.

Cox & Kings, United Bank, now SJVNL IPOs are having good margin of safety (my comort level of margin of safety is market capitalisation (m-cap) of >35% for mid-caps (Rs.500 - 2000 crores), >50% for small-caps (below Rs.500 crores & >25% for large-caps (> 2000 crores).

SJVNL is a great stock if u invest be happy & make money in short term as well long term, i find several FII & QIB invest in this issue just because India will have great potential to out-perform in next 2 years that means all stock may bounce to their bubble kind of valuation in which u need to sell your all stock but that time we Indian's time the market & buy the stock than we think -ve towards each stock & also spread comment & rumor although not having any knowledge about market! so please retail investor gain knowledge & never spread rumor & "market is like girlfriend which change" or volatile many times " only make yourself emotional is dangerous in the stock market & be a friend take it's gain & also with pain sometime"

Retail subscription may be over 4 times as per my calculation bcz retail application also included in various rate level ( not cut off )

SJVNL will trade in the arrange of 28-30, at that price the share will trade at a PE of 15 to 16, FY11 earning, NHPC trades at a PE of 21-22, Long term NHPC has better prospects and its a bigger company, hence Satluj will never command the valuation which NHPC gets, Having Said that, Satluj will never trade below 26/ in the near future

Greymarket premium of SJVNL is Rs. 1.5 per share
and retail Subscription is 3 times

Mr. Sandip (353)
Mere pas 5 full application hai kya aap 15000 per application me lene ko taiyar hain. please reply urgently

Guys,dont get so much excitd,as we knw nhpc is 5 time biger thn sjnv,nd nhpc trade at 30.5,so i gues it wil never cros 30 til 1 year,i gues it list around 25 to 26,nd retail wil get 950 to 1050,so take profit around 26 as early as possible nd i have book profit bez i applied ful 8 application,happy investng