KSK Energy Ventures Ltd IPO Message Board (Page 7)

acording to www.nseindia.com it is subscribed by 1.09 Times at 4PM at Lower Price Band. at Rs. 255 the Subscription is only 6% in ovarall and in retail at cut-off it is only 1%

Many people are discussing about this issue's merrits & de-merrits. Remember BGR ENERGY before applying.

Birla Cotsyn (India) proposes to enter the capital markets with a public issue to raise Rs 14,418 lakh through equity shares of face value of Rs 10 each. The issue opens on June 30, 2008 and closes on July 04, 2008. The price band has been fixed at Rs 15-18 per equity share.

The issue price is 1.5 times of the face value at the lower end of the price band and 1.8 times of the face value at the higher end of the price band.

This issue has been graded by CARE and has been assigned the "IPO Grade 3".

Allbank Finance Limited is the book running lead manager to the issue.

Nexgen Capitals Limited, Saffron Capital Advisors Private Limited and Chartered Capital and Investment Limited are the co-book running lead managers to the issue.

Adroit Corporate Services Pvt. Limited is the registrar to the issue.

Hem Securities has come out with a report on KSK Energy Ventures' IPO. It has recommended investors to ignore the issue.

India's UTI Asset Management aims to sell shares through an IPO and a private placement for up to $480 million, about 26 percent less than earlier planned after a market slide dented investor demand, four bankers with direct knowledge of the matter said on Monday.

Existing shareholders in the number four Indian mutual fund will likely raise up to $360 million by selling 48.5 million shares, or 35 percent of the equity, in the initial public offering (IPO) at a price band of 270-320 rupees a share, two bankers said.

The offer should open in mid-July, said one banker, who did not want to be identified.

"The consensus is there from the sponsors to go ahead with the deal despite weak market conditions," he said. "There is some acceptance on the price band too."

Ahead of the IPO, UTI will privately place 16 million new shares at the same price band to raise up to $120 million, another banker involved in the deal said.

After the IPO and private placement, public holding in the asset manager will be about 49 percent, including shares held by an employee trust, the bankers said.

By the way, this issue is not for short term investors.
Please note that there are NO 'quick gains" here.

Those looking for quick gains, please stay away.

It may list @ Rs. 275/- and is likely to move in the range of 240-280 for a long period, may be till a year or so.

So, those who can hold this share for at least 18-24 months only need to apply. Surely, it will become an excellent investment in the long term.

Invest in this IPO even if you have to borrow.

Reason:

1. This is the best IPO of 2009 so far.

2. This will become bluest of the top 10 blue chips in Indian Stock Market History.

How is this issue?

ksk energy 1 st day qib is good going.

ye to pahle hi din QIB me oversubscribed ho gaya.

The Rs 2,500-crore Yash Birla group’s textile manufacturing company Birla Cotsyn is entering the capital market with an initial public offer (IPO) in choppy and volatile market conditions. The 100% book-built issue opens on June 30 and will close on July 4.

Merchant banking sources said Yash Birla intends to raise Rs 144 crore at the upper end of the price band. The price band is Rs 15 to Rs 18 per equity share of face value Rs 10.

people, i dont know by looking at what such big investors are subscribing to this issue,ntpc is better than this co. at any moment. take book value ntpc around rs.70 compared to ksk's 28.
eps of ntpc around rs.9,ksk's around 5. growth has been very lumpy.sudden growth!!!! guy please advice ,very confusing .issue got subscribed on the very first day .same analyst come on tv and say ntpc is overpriced and they (lehman,macquire,etc.) are investing in this issue.thanks

Bafna Pharmaceuticals Ltd 40 - Rs 7-10
Sejal Archi Glass 105 to 115- Rs 20-22
Avon Weighing Ststems 10 - Rs.7-10
First winner 115 to 125 - Rs. 02-04
Lotus eye care 38 to 42 - Rs. 01-03
Archid ply 70 to 80 - Rs. 05-07
KSK Energy Venture 240 to 255 - 25-28 Kostak 1700
Somi Convery Belting 35 - 6-8 Kostak 1900

capital market ranking 35 only. sp tulsian says apply. now decision is yours....

INTERNAL NEWS FROM BIG INVESTORS & BAFNA

LISTING AT 55-60
AT 1 PM 60-65

CLOSING AT 75-78

SO ACCUMULATE IT.

ALREADY SUBSCRIBED 0.94 TIMES TILL 01.00PM

already subscribed 0.77 times within one hour of opening

KSK Energy Ventures, a company with experience in developing and operating power plants, will open for subscription today with a public issue of 3,46,11,000 Equity shares of Rs 10 each through 100% book building process. The price band has been fixed at Rs 240 to Rs 255 per equity share of Rs 10 each. The Issue will close on 25th June 2008. The Issue will constitute 10% of the post-issue equity share capital of the Company.

The equity shares are proposed to be listed on the BSE and the NSE. Fitch Ratings India Pvt Ltd has assigned a grade of 3 (ind) out of a maximum of 5 (ind) for the Issue. Kotak Mahindra Capital Company Ltd, IDFC-SSKI Pvt Ltd, Morgan Stanley India Company. Pvt Ltd, Lehman Brothers Securities Pvt Ltd and Edelweiss Capital Ltd are the BRLMs for the Issue and Axis Bank Ltd is the Co-BRLM for the Issue.

The promoter company, KSK Energy Limited, is incorporated and registered in Mauritius, and is a wholly-owned subsidiary of KSK Power Ventur plc, an Isle of Man incorporated entity listed on the London Stock Exchange’s Alternative Investment Market. The individual promoters of the company are Mr. K.A Sastry and Mr.S. Kishore The promoter company KSK Energy Ltd currently holds 61.39 % and LB India Holdings Mauritius I Ltd currently holds 31.57% of the pre-issue equity share capital of the Company.

KSK Energy Ventures Limited was established in 2001 to capitalize on the emerging opportunities in the Indian power sector and focus on developing, operating and maintaining power projects. KSK Energy Ventures has operational power plants capable of generating 144 MW of power, and power projects under construction that are capable of generating an aggregate of 675 MW of power. It has entered into multiple Power Purchase Agreements with captive consumers. The Company has three power projects under development and five planned projects for an aggregate capacity of 8,318 MW of power.

The Company proposes to utilize the net proceeds of the Issue to part fund its investment in Wardha Power Co. Pvt Ltd, either directly, or through KSK Electricity Financing India Pvt Ltd, to finance the equity component of the 1,800 MW coal-based thermal power plant at Chhattisgarh. KSK Energy Ventures Limited has received an aggregate of Rs. 415.34 crore pursuant to subscription in the Pre-IPO placing of Equity Shares at Rs.240/- per share , of which the company intends to use Rs. 215.34 crore for funding the Wardha Chattisgarh Project. The equity shares in the Pre- IPO placing have been subscribed by the following Investors:

* Macquarie Bank Limited
* Tree Line Asia Master Fund (Singapore) Pte Ltd
* GE Capital International (Mauritius)
* Universities Superannuation Scheme Limited,
* Infrastructure Development Finance Company Limited, and
* Axis Bank, Limited.

Itna bada issue Itna bada premium .Market election se pahle nahin udth sakta. Company kaise manipulate karagi smaj ke bahar he. behtar he ki is se dur raho.

Either the company has gone bevfkof or public is bevkof.
this company thinks it can collect 800 crore in such kind of market when large caps are available at same rate.
this company should have come at price of 50-60 rs if want to get subscribed forget about collecting money i think so this time public will not become fool like every time.
Only avon has done good pricing rest all other ipos will sink 30-40% on listing again looters