There is correction for my Post No. 75. I have re-worked and arrived with revised price target.
The IPO becomes attractive for investors with a target of 490.
A fair bet, but only for investors with a high-risk appetite. It could provide listing gains provided market conditions do not deteriorate further dramatically.
For more details, see my Post No. 75.
DISCLAIMER:
This is my personal opinion. Investors should do their own researh before applying.
Retail INVESTER IPO SE dur kyun hai ????? wese bhi jab FII INSTITUT & BADE PLAYER jis mein paisa bana lete hai tab Retailer enter hote hai ye Aadat kab jayegi ???? socho kucd resarch karo fundamental chek karo pears k saath comper karo fir invest karo 10 PE pe agar infra stock milraha hai to acha hai wese bhi infra & realestet high pe pe milte hai agar koi acha stock ho to usko subscrib karne k leya kisi se salah lena nahi cahye agar aap khud padhai karte ho resarch karte ho fundamental to HAAN lekin market ka sentimeant jyada bigadna nahi cahye bus dekhte hai kya hota hai
It is not worthy investing at this rate. Avoid applying as the promoter is manupulating the grey market premium to fool us.Th price has increased from 42 to Rs 85 in 1 day just to make surethat the issue is fully subscribed by the retailers also.
ravi banglore don't know the share market, every bad news is possitive for gambler, at that time underworld in grey market be cautious,every body is selling ARSS in grey market only one buyer, tomorrow gmp was 45, and today is 95
arss infra or hathway ka actual primium kya chal raha hai maine suna hai ki arss infra-45/50 hai or hathway ka 30/ chal raha hai......... kya primium sahi hai?
listing gain ke liye apply karna chahiye........
yaha site per sare primium alag alag bata rahe hai
The IPO becomes attractive for investors with one year time horizon for a target of 564. It leaves enough scope for upside to investors.
Forthcoming Railway Budget could act as a catalyst to trigger its price in the short-term.
Risks & Concerns:
• It has defaulted in making payment of interest and repayment of loans to various banks and financial institutions. However, as of the date, it has paid the entire outstanding loan amount and interest. On July 2009 CRISIL has downgraded its ratings on banking facilities to DP/5 from BB/Stable/P4 as the company delayed payment of its term loan instalment.
The power supply at one of company’s units has been disconnected by the Central Electricity Supply Company of Orissa due to default in payment of electricity bills and other related disputes and the complaint filed by company in respect thereto is pending before the concerned authority.
• The authorities under the I.T. Act, conducted a search and seizure operation in company’s office premises and the residential premises of all its Promoters and Directors on September 26, 2003 and completed the income-tax assessment for it. During the course of the search and seizure operations, it has not made any voluntary disclosures to the Income Tax officials. However, its Promoters and Directors voluntarily disclosed income to the authorities under the IT Act.
• Some of company’s group companies are in the same line of business as company. Hence, there will be common pursuits between its group companies and this company, which may result in a conflict of interest between its group companies and the business strategies, and operations of company.
• It has allotted shares to its Promoters and persons forming part of the Promoter Group for consideration otherwise than cash. It has not obtained any separate or independent valuation of the shares so allotted to its Promoters and Promoter Group.
i think arss ipo will oversubscribe in retail around 10 times. as the quota for retail is very small only around 7 lakh shares. already application received for 3.5 lakh shares. so we may not get much allotment even if we go for full range application.
71. SRMEHTA Feb 09, 2010 3:46:56 PM IST Report Spam! ARSSS INFRASTRUCTURE PROJECTS LTD. AT RS 450/- !!!!!!!!!! RS 10/- SHARE AT RS 450/- 45 TIMES THE PAR VALUE.
WHAT HAPPENED TO A REPUTED PROMOTER'S COMPANY LIKE GODREJ PROPERTIES LIMITED. (ISSUE PRICE RS 490/-) IT WENT BELOW ISSUE PRICE.
Yes, it went below issue price, but what about listing gains, on listing it went to 587, I made profit of 2100 on 26 shares, why not we can do the same, so we can apply for listing gains.
ARSSS INFRASTRUCTURE PROJECTS LTD. AT RS 450/- !!!!!!!!!! RS 10/- SHARE AT RS 450/- 45 TIMES THE PAR VALUE.
WHAT HAPPENED TO A REPUTED PROMOTER'S COMPANY LIKE GODREJ PROPERTIES LIMITED. (ISSUE PRICE RS 490/-) IT WENT BELOW ISSUE PRICE.
THIS ARSS INFRASTRUCTURE PROJECTS LTD PROMOTERS ARE LITTLE KNOWN. (DONT INVEST YOUR MONEY IN GUTTER)
GODREJ HAS PRIME PROPERTIES IN MUMBAI (WHAT HAPPENED) IT WENT BELOW ISSUE PRICE.
WHY NOT BUY LISTED UNITECH & DLF FROM MARKET. DO NOT APPLY IT WILL LIST (AT DISCOUNT) AROUND RS 250/-. THESE COMPANIES ARE FOOLING PUBLIC BY CHARGING HIGH PREMIUMS. TAKE CARE