FREE Account Opening + No Clearing Fees
Loading...

Indiabulls Power Limited IPO Message Board (Page 21)

Loading...
22. gautam duggar |   Link |  Bookmark | October 6, 2009 4:31:47 PM
india bull power kya rate me de raha hai
21. abhishek jaiminee |   Link |  Bookmark | October 6, 2009 4:14:54 PM
now a days every orgnisation in power sector is coming with IPO. i do not know they will give return to shareholders in future. so be careful to subscribe any power sector IPO
20. M.BHATIA |   Link |  Bookmark | October 6, 2009 4:09:03 PM
ndiabulls Power Limited Incorporated in 2007.It is new company. No strong future projects, we donot know/sure when the project will actual start and in the begenig there is not sure company will get profit and please to shareholders.There are many strong and old power companies which has huge profits and concentrate on power projects. India bulls starts from broking company, then entered in realestate and more other business.Its departmental stores also failed and closed (Jaipur). SEBI SHOULD NOT ALLOW TO TAKE PREMIUM IN IPO.
19. RAJTILAK |   Link |  Bookmark | October 6, 2009 3:14:20 PM
phir wahi purani kahani .............
sebi ke member ko paisa khilao ..........
jo marzi ipo lao ......................

Ipo lane ki caondition honi chahiye ki Lead manager will give the guarantee that, lead manager will be the buyer if listing price fall down below issuing price .........
This will make the issue price fair and will ensure the liabilities of lead managaer ............
18. Kuchh Nahi Hai |   Link |  Bookmark | October 6, 2009 2:03:28 PM
Sabhi members kuchh nahi hai, kuchh nahi hai ki boom mar rahe hai, to apne paas bhi kuchh nahi hai to hum bhi IPO la sakte hai kya!
17. rakesh |   Link |  Bookmark | October 6, 2009 1:52:16 PM
ek or lutera aa gaya hai market mein.
16. Arindam |   Link |  Bookmark | October 6, 2009 12:41:38 PM
COMPANY ISSUE PRICE CURRENT PRICE
KSK ENERGY 240 200
RELIANCE POWER 430 160
ADANI POWER 100 100
NHPC 36 33
INDIABULLS POWER 55-60 ???

SO BE CAUTIOUS ABOUT POWER IPOs WHOSE PROJECTS ARE UNDER CONSTRUCTION. PLEASE AVOIDE THE ISSUE. YOU CAN EASILY GET IT AT BELOW Rs 50 IN SECONDARY MARKET
15. peeyuush |   Link |  Bookmark | October 6, 2009 11:19:12 AM
ANOTHER GEM FROM THEIR OWN PROSPECTUS.
They have no land,no water,no fuel supply in fact nothing except the name 'INDIABULLS POWER'!!
As you are aware land procurement has become a dicey issue and even Tatas with the blessing of the left chief minister failed in Singur.They abandaned their plans.
If all goes well power will flow from the year 2013 September.Till then they will have the huge IPO funds at their disposal.As is the practice there will be kickback from the suppliers of huge equipment to promoters which will make their equity contribution virtually zero.
It is you and me who will be left holding the baby till 2013 or 2015.
Forget listing premium.Run away from this IPO.Sure to lose money or wait till 2015 if they are still around.

The following is from their prospectus:
The Company currently proposes to develop a 1,320 MW power project (coal-based) in
Chhattisgarh. Whilst, the Company has initiated work to identify suitable land, sources of fuel and
water supply, obtaining necessary regulatory approvals and identifying equipment suppliers and
EPC contractors, the Company is yet to enter any formal agreements or arrangements in relation to
acquisition of land, fuel and water supply. The Company has not made any significant investments
in this project as on date. The Company has also not entered into any equipment supply or EPC
contracts, or made arrangements for power evacuation or entered into any off-take arrangements.
The Company also has not received approvals from regulatory authorities in relation to this
project. The Company has estimated the cost of this project to be Rs. 57,338.00 million. The
Company proposes to develop this project through a mix of equity and debt financing. The
Company expects that the first 660 MW unit will be operational in June 2013 and the power
project will commissioned by September 2013.
In the event, the Company is unable to identify suitable land or determine adequate sources of fuel
and water supply for this project or is unable to enter into formal agreements acceptable to the
Company in a timely manner or at all for land, water and fuel supply, or for evacuation and offtake
arrangements, the Company may not be able to develop this power project. In the event, the
Company is unable to secure financing on terms that are acceptable to it; the Company may not be
able to complete the project in a timely manner or at all.
14. Maha Param gyani |   Link |  Bookmark | October 6, 2009 11:07:56 AM
"All the power plants are under MOUs, so positive side is there is no need to pay any delay liquidated damages." They have brokerage people finalising contracts for power equipment.
"dekho bhai log, India bulls ek Pakka dalal hai, IPO layega, fir apna stake markety mein bechega, aur aish karega.
Agla IPO India Bulls water ka ayega, kyonki India Bulls power ke investor pani pani ko taras jayenge fir India bulls water mein invest karenge".
Uske baad india Bulls Mooksh Prapati Services ka IPO layega, aur saste mein sabka kriyakaram karvayega."

so jin jin logon ko mooksh ki prapti karne hai, kripya India Bulls mein invest karte rahen, appke and aur appke family to puran mooksh mil jayega"
13. rama |   Link |  Bookmark | October 6, 2009 10:15:24 AM
Be careful.... sombody trying to cheat by putting name "POWER" and bringing in IPO since they now know that investors will put money(By seeing the success of NHPC and OIL IPO) if they see the word POWER... So be careful with your money....
12. peeyuush |   Link |  Bookmark | October 6, 2009 9:21:38 AM
This is from their own prospectus.
Do you still want to apply??

Risks Related to the Company’s Business
1. The Company has no operating history, so it is difficult to estimate its future performance.
The Company currently has no power projects in operation or other revenue generating operations,
and it has no significant operating history from which its business, future prospects and viability
can be evaluated. The development of power projects involves various risks, including among
others, execution risk, regulatory risk, construction risk, financing risk and the risk that these
projects may prove to be unprofitable. Any inability of the Company to effectively develop and
operate its power projects could adversely affect its business prospects, financial condition and
results of operation. Moreover, investors should not evaluate the Company’s prospects and
viability based on the performance of its Promoter, IBREL or other affiliates. Commercial
operations at the Company’s first power plant, Amravati Phase I, are not scheduled to commence
until September 2012 and the Company’s prospects must be considered in light of the risks and
uncertainties inherent in new business ventures. As a result, the Company cannot assure investors
about its future performance or that its business strategy will be successful.
11. varun |   Link |  Bookmark | October 6, 2009 12:36:41 AM
company ke pas EK TABLE OR CHAIR hai baki invester ke paiso se aa jayega jaise biwi ka haar, jeans ,etc
10. Rajesh |   Link |  Bookmark | October 5, 2009 9:59:40 PM
India bulls is cheater. be careful
9. narender |   Link |  Bookmark | October 5, 2009 9:59:31 PM
WARNING!!! TAXATION ON EARTHING ON ELECTRICITY.
AGAR ISHI TEREH SE POWER KE IPO AATE RAHE TO YEAR 2011 TAK ITNI BIJLI BAN JAYEGI KE COMPANIES KO BIJLI EARTH KARNI PADEGI.USKE UPPER GOVT.TAX LAGEGA.STT KI TAREH INVESTORS KO BHI TAX DENA HOGA.
8. Dinesh v.Udeshi. |   Link |  Bookmark | October 5, 2009 9:07:29 PM
Don't apply in this IPO.Better option in power share is NTPC and powergrid.you will not get any gain in this.
7. sk |   Link |  Bookmark | October 5, 2009 8:51:55 PM
company ke paas kuchh bhi nahi hai, don't apply.
6. jekik |   Link |  Bookmark | October 5, 2009 8:17:13 PM
gmp of indiabulls power is ...4=00-4=50 at this moment
5. rajesh |   Link |  Bookmark | October 5, 2009 8:06:20 PM
No!!!! yet another power ipo !
investors beware !!
4. sumit |   Link |  Bookmark | October 5, 2009 7:53:10 PM
what is the price band of the issue
3. dj |   Link |  Bookmark | October 5, 2009 7:51:55 PM
Power is now powerless. Be cautious. Better bye NTPC