SKS Microfinance Ltd IPO Message Board (Page 59)

Mr mahendar kumarji..u r talking about SKS right..!!...Same thing....when i am telling people that premium is 60 no one is believing.....it is very volatile ranging from 52 to 63.....anyways it is surely going to be Rs. 100...in coming few days....and still people will not believe me........Please i again request people not to discuss price band and mislead people.......if you want to guess..it's ok...but dont say that it is confirmed or something..!!

GREY MARKET PREMIUM RS 60/- GO UP TO RS 100/- CONFIRM

remember only listing gain, otherwise loose like shobha devlopers,infosys involve in shobha also

PREMIUM 45 TO 50
DISCOUNT 15 RS.

FOR THE LAST SO MANY DAYS I HAVE BEN WATCHING SO MANY MESSAGES BY SO CALLED IPO GEMS THAT PRICE BAND OF SKS HAS BEEN FIXED VARY FROM 400 TO ABOVE 800. I REQUEST YOU ALL AGAIN AND AGAIN NOT TO DESTROY THIS COLUMN PROVIDED BY CHITTORGARH IN THE INTEREST OF INVESTERS. YOU PEOPLE ARE NOT PROVIDING VALUABLE INFORMATION/ANALYSIS BUT ONLY NON SENSE WRITINGS. IF YOU PEOPLE ARE SO MASTERS IN IPOS, PLEASE EARN FOR YOURSELFS. SELF HELP IS BEST HELP. PLEASE STOP RUMORS/NONSENSE ITEMS BEFORE CHITTORGARH WITHDRAWS THIS COLUMN. GIVE THE INFORMATION ONLY ATHENTICATED OR TO YOUR BEST OF KNOWLEDGE. TILL DATE NO BODY KNOWS THE PRICE BAND OF SKS. THANKS.

Fair price 171 ,ipo price 110 to 130 fixed.

PRICE BAND FIXED AT 650-700.SUBSCRIBE FOR LISTING GAINS

Ravi,sreedhar,gem

I bought technofab at 285 , what to do?

Market sources reveal that Quantum has picked up around 3 lakh shares in the company from its current shareholder Yatish Trading Company Pvt Ltd. Quantum will be holding a 0.4% stake post the issue while Yatish trading will have a 2.2% holding in SKS Microfinance.

The shares were acquired by Quantum Fund for a total sum of Rs 19.08 crore which translates into a price of Rs 636 per share. The share price is the same as the price paid by the hedge fund Tree Line Asia, which picked up a 2.3% stake in SKS Microfinance in March 2010.

The other high profile investors in SKS Microfinance include Sequoia Capital India,N R Narayana Murthy and Vinod Khosla. SKS Microfinance IPO will open on July 28 and close on July 30, 2010 for qualified institutional buyers and on August 2 for retail investors.

Murthy’s recently launched $129 million venture capital fund Catamaran invested Rs 28.12 crore in January 2010 this year and acquired the shares of SKS Microfinance at the rate of Rs 300 per share.The investment has been made through Catamaran Management Services Pvt Ltd and the firm will be holding a 1.3% stake in SKS Microfinance post issue.

About the Quantum Group of Funds:

The Quantum Group of Funds are privately owned hedge funds based in Netherlands and Cayman Islands.They are currently advised by George Soros through his company Soros Fund Management. Soros started the fund in the early 1970′s along with Jim Rogers. The shareholders of the funds are not publicly disclosed although it is known that the Rothschild family and other wealthy Europeans put money into the funds in 1969.

In 1992, the lead fund, Soros’s Quantum Fund became famous for “breaking” the Bank of England, forcing it to devalue the pound. Soros had bet his entire fund in a short sale on the ultimately fulfilled prediction that the British currency would drop in value, a coup that netted him a profit of $1 billion. In 1997, Soros was blamed for forcing sharp devaluations in Southeast Asian currencies.

This is IPO has created a lot more hype in the market than was expected of it. Which is always good to see for the capital markets as such after long time.

As currently pointed out by many the price band is not yet fixed and as repeatedly said by different news papers and other informal sources the price band might be between 800/- -1000/- [ and the upper band might be quite unlikely to see]
And it's a matter of couple of days where the management is going to declare in press on monday ( i believe it's in Ahmedabad)

SREEDHAR I THINK YOU ARE RIGHT AT THIS TIME

At present it seems everyone is going for SKS,It will pave my way for greater returns in EIL .

gem,
According to my sources price band is still not decided.The management is still in dilemma whether to fix range as 650-700 or 700-750.So all the people on the board can stop speculating as the management itself has not decided till this point the price band.

WHERE IS THIS SETU JAIN WITH A PREMIUM OF RS 63?

THANKS..GEM.. NOW WE WILL APPLY WHOLE HEARTEDLY W/O WORRYING TOO MUCH

GEORGE SOROS HAS BOUGHT 3 LAKHS SHARES @636/SH.HIS NAME WILL HELP TO CHARGE MORE PREMIUM, NOW SKY IS THE LIMIT FOR PRICE BAND.


TOO MANY MASSAGES HAVE BEEN WRITEN USING MY NAME, I DONT SUBSCRIBE TO THOSE VIEWS.

DEAR SETU JAIN ACCORDING TO MY SOURCES GMP IS 48-50..FROM WHERE DID U GET YOUR RATE

i would sincierly request serious boarders to please report spam, messages of people who are giving false grey market premiums and price bands....grey market premium is 63 currently 8 p.m..23 july...and pricce band will be set it is niether 470-520....650-700,,850....or 1000+....iske baad se jo bhi price band likhega before its officialy announced usko duniya ki sabse gandi galiyan....lagengi

GREY MARKET PREMIUM OF SKS MICROFINANCE IS 45-50 RS AS ON 23/07/2010

FULL VALUE APPLICATION RATE IS 2100-2300

PRICE BAND WILL BE DECLARED MORE THAN 800 RS PER SHARE

PRICEBAND OF SKS MICROFINANCE WOULD BE AROUND RS 850 / SHARE