Brigade Enterprises Limited IPO Message Board (Page 23)

INTIME is the worst registrar I came across , myself and my sister got shares in DP only 8 DAYS after listing of the stock and to add insult to injury we are yet to get REFUND .

Dear Investors,

Most of us are talking about Intime being late and bigshare having done a good job w.r.t to Kolte patil issue. While bigshare had only one issue (Kolte) to deal with, Intime spectrum had edelweiss,renaisance and before that Mundra to deal with. The delay was only in Mundra, whereas edelweiss and renaissance was on time.The track of intime has been very good considering the number of issues they handle.

As regards applying to the current issues, BGR,Transformers & Brigade, First one should concentrate on BGR, if one have funds aplenty, then one can look at transformers and brigade. However transformers is a very small issue, chances of getting are very slim. Brigade can be applied, after seeing the subscription on the last day. The chances of getting allottment are very bright in brigade. Hope this info is useful.

Regards
Viswanathan R

Intime registrar is OKay. Please check your DP whether your bank a/c has updated for ECS refund...I am very much impressed with Bigshare....the way they handled Kolte-patil....

brigade and transformers between these two which one is better for IPO.

i think intime spectrum Registrar sucks... what do you think people..

I am thinking of not applying for any ipo for which INTIME is Registrar.. :(

Go for BGR then for transformer then think about brigade.. !!!!!!!
is it fine with you people?

What is 'GREY 'market?

Most of the recently-concluded initial public offerings are quoting at significant premia in the grey market, compared to their issue prices, according to players who operate in the unofficial market. These issues are yet to list on the bourses. Market watchers attribute this trend mainly to the buoyancy in the secondary market, and partly to the fact that many of the issues are perceived to have been underpriced.

Cities like Ahmedabad, Kolkata and Rajkot are the most active centres for the IPO (initial public offerings) grey market. The grey market is an unofficial market where trading of shares in forthcoming IPOs is conducted. A premium or discount indicates the level of retail interest in a public issue. Trades done in the grey market are settled on the day of listing.

As per the rules of the game, once the deal is done at a stipulated price, the seller has to give delivery of shares after he has been allotted the shares by the company. If the seller falls short in receiving the exact number of shares that he has sold in anticipation, then he will have to buy the shares from the market once the share gets listed in order to honour his commitment.

Many traders short sell in the grey market if they feel that the premium on offer is unwarranted and that the stock may list at a price lower than what most market players expect it to. Though grey market operators say that there is a constant change in the grey market premium, it largely depends on the subscription on the last day and the market conditions, post issue closing.

Example : Grey market premium for the Roman Tarmat issue went up from Rs 28-30 to Rs 110-140. This was because the issue was subscribed around 30 times eventually, after receiving a lukewarm response from investors during the first two days when it was open for subscription. though illegal, the grey market continues to thrive. Investors who bid for an issue normally do not get the full quantity because of the limits for each class.

This has resulted in many people "selling" their IPO applications to the grey market operators for a secured interest. Many investors earn a fixed amount - anywhere between Rs 2,500 and Rs 4,000 by selling their IPO applications to grey market operators in Ahmedabad. Though many IPOs are yet to open for subscription, investors might not just need to look at the prospectus when subscribing to IPOs. Street-smart investors would rather look at indicators from the booming grey market before taking a call on IPO investments. It is not only market-savvy investors from Gujarat, but also lead managers to IPOs from Mumbai, Delhi and other parts of the country look at Ahmedabad's grey market premium rates as an indicator of the price at which the issue is likely to get listed.

what is the source of gray market prem. and how far its reliable?

Smita,
Hi
U should go for bgr energy. it is much better than that.

SORRY, AS I WROTE BGR INSTEAD OF BRIGADE


BRIGADE ENT LTD
MARKET CAP ( WITH GREEN SHOE @ 390 ) =4321 CRORE
NO OF SHARE AFTER THE ISSUE ( WITH GREEN SHOE ) = 11.08 CRORE
NETWORTH ( Q2FY08 ) = 187.57 CRORE
BV = 16.92
PAT HY1FY08 = 44.37
PAT FY08E = 44.37*2
EPS ( FY08E ) = 8
P/E = 48.75
P/BV = 23.03

REGARDS

BGR
MARKET CAP ( WITH GREEN SHOE @ 390 ) =4321 CRORE
NO OF SHARE AFTER THE ISSUE ( WITH GREEN SHOE ) = 11.08 CRORE
NETWORTH ( Q2FY08 ) = 187.57 CRORE
BV = 16.92
PAT HY1FY08 = 44.37
PAT FY08E = 44.37*2
EPS ( FY08E ) = 8
P/E = 48.75
P/BV = 23.03

REGARDS

I do feel that better to avoid real estate now after hearing the omaxe story. they are starving for funds due to lack of new bookings.

Remember IVRPrime and Purvanakara IPOs listing. Same fate to this as well if the market goes down while listing.

Careful!

It's a very prominent developer in Bangalore, GMP must be higher, can any body pls explain why it is so less

lot size of BRIGADE 16*390

As there are lots of IPO's scheduled for Dec, Could you please priortize the order in which we need to put concentrate.My opinion is BGR, Brigade and then Transforemers & rectifiers. Please share your info on this IPO;s please

Transformers & Rect.
only 8,98,500 shres are for Retail. The chances of geting alltment is very less. othre good issues are also here.

Sir can anybody tell me what is the lot size of BRIGADE???

Dont think Brigade is selling properties at this moment as the real estate is vert poor

you all chitoorgarhteam doing best work for investors