Technofab Engineering Ltd IPO Message Board (Page 17)

It will oversubcribed more than 100 times. Fair value 870.

94. VIVEK

I am not expert. There are no experts in market.

Go against my view. Kindly give your view also so that I will benefit.

Thank you,

All the Best.

@Vivek...
Persistent system was subscribed 0.09 times(which is never equal to "nearly one times ")

You are taking it .9 times
Don't worry man, It will also get good subscription!!

Persistent system got subscribed more than 93 times
On the very first day it got subscribed only .09 times
@Vivek, This is the answet to your question

91. vivek

I have not commented in other name. I don't have any motive / benefit to do that.

I don't have any view at this time about its valuation. If you find value, apply in truck load and become millionaire.

No use of blaming me. If you make profit, you enjoy. I am not expecting you to share your profit with me following my views.

You blame me because you have that bad habit. Only ameatuer investors blame others for loosing because of their own decision.

I repeat again, kindly give me one good reason, why you did not apply for Aster IPO? Because of view, then give reference of my Posting. As you have vested interest, you are blaming.

89. CHEMCHO

Do intra-day trading in Aster. Get information from Gujarat Operators.

At this stage it is too early to take a call on Technofab. We are not buying company & becoming Directors, we are buying shares. Hence, valuation is important. If Operators enter, then they may breach issue price once before taking to unknown territories. These things we cannot expect.

You buy, if you find value, otherwise avoid.

Oversubcribe more than 200 times IN HNI
.

hai, like my views on Aster, as I have already told you Some Ahmedabad activities, no body listened, now can u imagine the whole subscription is from Ahmedabad, Surat and Rajkot only, U will see the price of Aster silicates, no matter what the fundamental is/was and will be.......U all investors have missed the bus.

Now come this issue Technofeb, U will see all the borders will invest heavily in this issue, only to make fools of themselves, Off course the issue is above average and after long time some kind of a quality issue but sincerely who will gain from this issue, at most upto 1 lac application, investor will be alloted 25 shares.......... and at present the premium is 10 or so, what is gain for investors after bidding and waiting anxiously for allotment only to gain Rs. 250/- in the end for this quality issue............ISSUE IS TIPPED TO BE OVERSUBSCRIBED AROUND 60 TO 70 TIMES, WHO WILL GAIN.............THINK OVER IT..............

Oversubcribe more than 100 times.

Please give us the financial details of the company.

It premium not 10 ,premium morethan 200, and fair value rs.780.

It seems the same person in different names is posting message about missing Aster Silicates IPO, that too in different pages, blaming the experts for missing this IPO. Don't forget that the experts are at liberty to post their opinion and it is up to us to follow or not.

Prince Bhai,
Apply in Technofab.Grey market premium is 10 which will move to 20 after the issue is completed.You will definitely get a chance to exit with profit.I am putting in multiple applications.

73. Manoj Jain

You are right. As the issue is small & issued at comfortable valuation, one application can be sent. Earlier, I used to send four full applications.

IPO market is not robust now. As the issue size is small, we may witness listing drama. But, that does not warrant multiple applications like earlier days. Even Tarapur listed with premium. But risk-reward ratio is not favourable to put multiple applications.

Dear Sreedhar,
As the processing of IPOs is quicker now, I can get back the money from this issue and use it for EIL. I applied 3 full forms in SJVN and exited only half. The other half I am holding till date. As the price has come down a bit, I am hesitant to sell it now.

Dear Natarjan,
I am expecting EIL FPO retail price to be around 250 & at that price it is a very good buy.So hopefully you will get your money back sooner than later.

Dear Mr.Manoj Jain,

Rather then harping about valuation is high , can you get into a meaningful analysis why is it so? pls discuss more relevant points like IPOIPO did. The valuation is 9.5 times F.Y 10 pre money and around 8 times F.Y.11

Pls see sundays ipo note by hindu business line on technofab by vidya balan. According to me she gives an total unbiased view on each and every ipo.

Pls discuss with relevant points.

some extraordinary ambitious peoples are present here ,they expecting much high from this issue. This is an aversge company from extremely high potential sector. The issue price valuation is a bit high that not much left on the table for investors. however this is a tiny issue by nom of shares so low allotment & listing price drama will be seen but in short this is a issue only for high risk investors. small investor with low risk appetite can stay away from this issue. There is much more other opportunities are available.

Dear Natarajan,
The IPO will be subscribed heavily.So I don't think we will get confirmed allotment.That is the problem.I think you can make more returns from Engineers India which is due around 15th July.Apply in this & also in EIL.I have a strategy of making money in FPOs which has paid very good dividends & has given 100 percent success rate.Lets discuss it when the FPO comes.

A decent ipo after a long time. Company growth in the past years is very good.