Great Market news IPO subscribed fully. Listing benefits sure. Promoter taking 19 lacs share at same rate of public,only 22 lakh shares to retail plus cumpulsory qib 10%participation no doubt it will be subscribed heavily ,premium now 6-7 rs it will rise to 12-13 at time of listing
i tried applying for this ipo through reliancemoney but to my shock i found that this ipo is not available on rmoney.can anyone please tell me why is it so? also how can i apply for this ipo when it is not present on rmoney
Vishal ko shayad SEBi dip guidelines ke bare me mallom nahi hai. thay are very stringent.Half of the companies to DIP guidelines hi comply nahi kar pati hai. Vishal to unme se klagta hai jo technicals to jaanta nahi hai aur market expert banta hai.Vishal bhai sorry but somi ka detailed prospectus par lo, phir shayad samaj jaaoge.
Somi conveyor shandar issue lag raha hai. nearly 70% equity to QIB aur promoter ke liye he hai same price par.I have heard first day 80% ke aas paas subscribe ho jayega. Listing double par hoge.Short term heavy benefit.
How sebi permission this kind of public issue. Company has no order book. Sales of just 15 cr. and profit of 1 and half cr. Company is come out with public issue of around 65 lacs shares. How disguessting that sebi permit company to come out with public issue and chited public openly.
phataka issue. promter taking 19 lacs share at same rate of public,only 22 lakh shares to retail plus cumpulsory qib 10%participation last but not the least only bse listing makes this ipo multi bagger no doubt it will be subscribed heavily ,premium now 6-7 rs it will rise to 12-13 at time of listing
Source : www.business-standard.com Birla Cotsyn, part of the Yash Birla Group, is coming up with an intial public offer (IPO) of Rs 144 crore next week with a price band of Rs 15-18 a share. The company, engaged in textile manufacturing, is undergoing a project expansion of Rs 320 crore for setting up of weaving, processing, garmenting units. It also plans to begin retail operations with 20 stores by financial year 2010.
The projects are coming up in cotton growing areas Malkapur and Khamgaon in Maharashtra. Post expansion, which is expected to be over by 2009-10, the company's spinning capacities (cotton) will be 36,000 spindles, while processing capacity will be 50,000 metres a month. The garmenting unit will have a capacity of 1.2 million pieces per annum.
hello friends please do not fill this ipo as its fundamentals are not good for this particular company and it will open with a discount but apply KSK energy loss karna hain to yeh ipo mein dalna take care