Ammana Bio Pharma Limited IPO Message Board (Page 2)

I was wrong earlier. Its write don't invest on unknown companies. if it is a known company it is good for investment otherwise avoid.

remember 1990-95----- vanishing companies

Ammana Bio Pharma Ltd. is the first Bio fuel unit being totally self-supportive with use of bagassee for co-generation, press mud to enable zero discharge of effluent,catering to the huge demand from oil companies as blending agent with petrol/ diesel.Fuel Ethanol (Gasohol) is renewable and creates huge opportunities for farming community apart from avoiding pollutant emissions out of automobiles. ENA has tremendous demand from liquor manufacturers, as it is a sector of high demand potential.
moreover net profit after tax increased 10 times compared to the first three quarters of the last fin year.

The list of major clients is given below--

Extra Neutral Alcohol (E.N.A) & Rectified Spirit (R S)
______________________________________________________
McDowell & Co. Limited
Shaw Wallace Ltd.
U.B. Group
Kedia Distillery Ltd.
J.P. Distillery Ltd.
Sri Indra Distillery Ltd.
Kalburgi Distillery Pvt. Ltd.
Siri Celler Pvt. Ltd.
S.P.R. Group Holding Pvt. Ltd.
Vandana Distillery Ltd.
Daman Distillery Ltd.

Ethanol
_______
Indian Oil Corporation Limited
Bharat Petroleum Corporation Limited
Hindustan Petroleum Corporation Limited
Reliance Industries Limited
Ashok Organics Limited
Ranbaxy Laboratories Ltd.
Glaxo Laboratories Ltd

Seeing the growing demand of the products, i would suggest to invest in the IPO fro the medium and long term perspective, though a huge listing gain is not to be supposed due he new name in the market and seeining the condition of low cap companies at this time. but i stongly suggest to invet in this IPO.

Shriii,
When i am getting at 14 why i buy at 30 dear. keep your mind open

vinay, i want to sell my application @30 rs... u want to buy?

APPLY. WILL GIVE GOOD PROFIT. CAN GO UPTO 60/-

i think not good ipo.because bio pharma not growth india.

Do Not apply in this ipo.will go down.bettr put money on first source or power finance,cinemax rather than this company which is never heard of