ICRA Limited IPO Message Board (Page 13)

Correction please. Offloading the shares.
Why???????????
Raju

As per news channels, the banks/UTI etc. are selling off
these shares. Why????????? Think over and invest.
Raju

it is very good issue, the market condition is not good so before investing check your own credit rating.

seems to b very gud company to invest in.

It's very good IPO to invest in.

Minimum market lot is 20 shares and after that multiples of 20.

what is the lot ( minimum no of shares one can apply) for this IPO

This may be a good issue. IFCI may benefit from this IPO since IFCI is offloading it's holding.

i tink this is good issue

Very bad IPO. So small a company,turnover,profits & so huge price.Nearing price band of companies like Reliance communication,can there be any comparison b/w the two??? Neverrrr...

ICRA also provide other services like ITES,consultancy,IT & Consultancy,Its work does not confined only to grading.All work performed by this company are in boom.It provide services to Gov.,Private & Public Limited companies and all companies are eager to take services from CRISIL,ICRA & CARE.Out of which CRISIL HAVE 403 POCESSES. AT present CRISIL is trading at 2300(life time high 3140)with P/E of 90 & EPS of 25.P/E of ICRA is quite low at 43.It have 393 processes only 10 less than CRISIL,PICE BAND IS SO CHEAP.Its value come at 3.4 x - 4.0x.
Giving EPS of 16.So it must be an excellent issue .May list in between 680-780 & go to 1250 if market conditions are good.
May oversubscibe 30-40 times with retail portion 7-10 times.
For FII its a gem so listing gain is sure.
Thanks & avoid vimal oil & Gremach, for ICRA

very bad ipo listtind rate 202

ICRA Limited (an Associate of Moody's Investors Service) was incorporated in 1991 as an independent and professional company. ICRA is a leading provider of investment information and credit rating services in India. ICRA’s major shareholders include Moody's Investors Service and leading Indian financial institutions and banks. With the growth and globalisation of the Indian capital markets leading to an exponential surge in demand for professional credit risk analysis, ICRA has been proactive in widening its service offerings, executing assignments including credit ratings, equity gradings, specialised performance gradings and mandated studies spanning diverse industrial sectors.
But the rating of the ICRA is not very bright due to high competition it faces even when Moody itself is supposed to enter indian market itself. so avoid this IPO.

ICRA is a very good issue.Its Performance & Strategies are excellent.May double on listing. Apply as many applications u afford.Happy Gain

are bhai rupiya nakhu k nai......... koi jara mane sachu kehso

good ipo. it may trade between Rs.588 to 756 on opening.projected EPS is 18 for the year 2008E.Worth investing.

is it a IT share or what?

wot is the lot size ?

The Crisil P/E is 45, having a turn over of 80 crores.
ICRA having a turn over of over 30 crores, worth good IPO considering the market dominance and the purchase price.

good ipo.i think 50% oversubscriber.