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Maytas Infra Limited IPO Message Board (Page 15)

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Lanco Hills
14. Lanco Hills |   Link | Sep 26, 2007 8:15:51 PM
High Court stay on land allotted to Lanco Hills project .

HYDERABAD: The Telangana Rashtra Samiti (TRS) has described the High Court stay on the land allotted to Lanco Hills project as a setback to the Congress Government as well as the previous Telugu Desam regime since the verdict exposed that the Governments gave away precious Wakf properties to corporate giants at a throwaway price.

The judgement also vindicated the TRS stand that the Governments meddled with Wakf land. “It is a victory for the people of Telangana whose lands had been targeted by the Governments through manipulation,” TRS president K. Chandrasekhar Rao told a news conference here on Thursday.

Congress alienated land to Lanco, TDP to MR Properties, Legal battle against endowment land encroachment.

Mr. Rao advised the Government not to proceed with further litigation on the issue, honouring the court verdict. Mr. Rao added that the TRS will take up a similar legal battle against encroachment of endowment land at Devarayamjal on the city outskirts.


Really it's Very Sad News for lanco Infratech ,stock may be available at 240-260 leavel.
Madhuri
13. Madhuri |   Link | Sep 25, 2007 10:14:59 PM
Dont take Satyam promoter for granted. What happened to
SATYAM CEMENT? Vanished without trace.
ganesh
12. ganesh |   Link | Sep 25, 2007 1:21:27 PM
frankly wont apply for this ipo....it is squeezing almost more than the existing infra guys like ivrcl, hcc, etc who are i think little less costly than this. Also i dont like those promoters who fully squeeze on an ipo, by giving bonus shares to themselves just before the ipo...So good first time ipos have done that but also seen to leave for the investors some thing. Sadhbhav engg was one such good, besides gateway distriparks.
The other reasons to avoid this ipo is
1. last 5 yrs net profit is not consistent. So far no consistent pattern is seen.
2.On a post diluted equity eps of 9.35 the asking price of 320-370 is too much
3.The new project revenues cycle is not clear besides also the margins in them.The same can be seen in the last 2 yrs bottom line too.

Just becoz it is of satyam doesnt mean to forget financial prudence and wisdom.

So frankly this co is a long term stock only and the ipo should have been around 200 -220 so that investors would take a interest for the 88lac shares. Agreed they are into diversified areas but then for the moment it is a costly stock to buy.
The stock may give listing gain for the hype of satyam promoters and the not much float.Like the Current other looter ipo of Consoldidated construction. Retails guys better go for supreme which has consistent performance in last 5yrs and has doubled and trebled the profits.
Sree
11. Sree |   Link | Sep 24, 2007 5:38:05 PM
Maytas is run by SATYAM group and is doing very good in & around Hyderabad.
prasad
10. prasad |   Link | Sep 24, 2007 4:12:03 PM
thanx, can we apply for this ipo, p;s suggest
sandeep
9. sandeep |   Link | Sep 24, 2007 3:49:46 PM
satyam reverse is maytas
this is run by the familyof satyam itself
brother of ram raju is the owner of the maytas
they reputed projects running in hyderabad
prasad
8. prasad |   Link | Sep 24, 2007 2:44:36 PM
Naina grest, is there any relations to SATYAM??/
deekay
7. deekay |   Link | Sep 24, 2007 1:50:34 PM
have u heard this company ? any financial details?
Naina
6. Naina |   Link | Sep 24, 2007 1:35:05 PM
If u spell SATYAM in reverse it is MAYTAS!!!!
Maulik
5. Maulik |   Link | Sep 24, 2007 11:08:36 AM
I can invest upto Rs.1 Lakh. Should apply for Rs.1 Lakh in Maytas Infra or Rs.50,000 in Maytas Infra & Rs.50,000 in Saamya Biotech
prasad
4. prasad |   Link | Sep 24, 2007 10:38:34 AM
Seems to bo good one, can anybody give financials
ubwalsons
3. ubwalsons |   Link | Sep 24, 2007 10:38:07 AM
grey market premium approx.near 125
sanjay
2. sanjay |   Link | Sep 24, 2007 10:33:04 AM
what is the primume of gry market
Anmol
1. Anmol |   Link | Sep 24, 2007 9:31:09 AM
The promoter is Ramlingam Raju(Satyam Chairman)