MEP Infrastructure Developers Ltd IPO Message Board (Page 4)

Issue likely tobe see price reducing 45/50 ...or may withdraw...

this ipoi has simply come to loot public.
how they justfy issuing shares to promooters few mntsh back at 21 rs and looting public and asking for 65 rs

instaed buy supreme infra ,nbcc which have long term and supreme infra available at less than 8 p/e.

avoid this stock and teach promoters a lesson for pricing it 3 times its worth.

stock not even worth 20 rs to apply.

those who will apply will lose money both in short and long term.
clear avoid.

buy nbcc,supreme infra or SME momai apparels and Supere impex instead low risk stocks and high returns

As on 21-Apr-2015 17:00:00 IST
Cumulative Demand (no. of shares in lakhs)      
Bid Price (Rs.)
Note: Cumulative bid quantity at each price point includes the quantity bid at that relevant price point and all valid bids at the next higher price point. The graph is updated every hour.

Total Issue Size      4,02,89,225
Total Bids Received      70,83,000
Total Bids Received at Cut-off Price      12,69,000
No. of times issue is subscribed      0.18

Poor response

Bid Details for MEPIDL as on 21-Apr-2015 14:02:57 IST
Sr. No      Category      No of Shares
offered/Reserved      No of shares bid for      No of times of total meant for the category
1      Qualified Institutional Buyers(QIBs)      2,74,32,083      0      0.00
1(a)      Foreign Institutional Investors(FIIs)            0      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            0      
1(c)      Mutual funds            0      
1(d)      Others            0      
2      Non Institutional Investors      77,14,285      0      0.00
2(a)      Corporates            0      
2(b)      Individuals(Other than RIIs)            0      
2(c)      others            0      
3      Retail Individual Investors(RIIs)      51,42,857      2,00,025      0.04
3(a)      Cut Off            1,91,025      
3(b)      Price bids            9,000      
Total

As on 21-Apr-2015 13:00:00 IST
Cumulative Demand (no. of shares in lakhs)      
Bid Price (Rs.)
Note: Cumulative bid quantity at each price point includes the quantity bid at that relevant price point and all valid bids at the next higher price point. The graph is updated every hour.

Total Issue Size      4,02,89,225
Total Bids Received      4,00,275
Total Bids Received at Cut-off Price      3,92,625
No. of times issue is subscribed

Zero response on this IPO

As on 21-Apr-2015 12:00:00 IST
Cumulative Demand (no. of shares in lakhs)      
Bid Price (Rs.)
Note: Cumulative bid quantity at each price point includes the quantity bid at that relevant price point and all valid bids at the next higher price point. The graph is updated every hour.

Total Issue Size      4,02,89,225
Total Bids Received      1,78,875
Total Bids Received at Cut-off Price      1,75,500
No. of times issue is subscribed      0.00
Graph Logic

Why to ask this question again and again? The final answer is........KAPDE UTER JAYENGE. Matter is closed once for all.

Stay away from this company for 3 reasons:

1) Exorbitantly priced premium for a loss making company.
2) Business model subject to high risks, especially with new govt re-considering tolled roads
3) Dishonest promoters.

your money and avoid this issue completely.

only apply through advance sell of appli. in grey market, varna peene ko pani bhi nahi milega

kya karna chaiye is IPO me....

Anchor allocation report is out. 4 fund houses invested through Anchor Investment.

high growth business looks impressive. institution participation to see ..
gmp ?

I dont think of applying at negative returns its a clear cut avoid what would I do of revenue growth when its not turned in profit. Even the issue will not subscribe fully. Avoid Mep

we should ignore it or not?

Verry bad ipo..

Key takeaways MEP meet

With regard to consistent losses it mainly attributing to two factors
Company secured one large OMT project in 2010 by upfront payment of Rs 21000 mn whole amount funded through debt..High interest cost & amortization dented the balancesheet. It structured in such a way that it bound to generate losses atleast for 5-6 years from commencement. Hoverver project generates substantial cashflows to meet its finance obligation & cash profitable
Another reason could be one of its OMT project Chennai Bypass witnesses loss of revenue due to non revision of toll rates and company raised the claim with NHAI and write off the same from profits

Pros
MEP operates in unique & high growth industry, revenue grew four times in last five years. With NHAI expected to award over 20000 kms of road over next 3 years, this will open huge industry and being a pan india player mep can continue this momentum

Institution portion is very high @75% in this issue

Cons
Highly geared company
Some of its projects faced certain issues in past and company raised for compensation

At that price band it over pricey even with this new inflow loss will still continue I would avoide

new ipo come sadbhav project may 1st week

kya kare is ipo me dosto

forget and be safe

How to explore the possibilties of grey market application

mep ka premium kya hai

near to negative

ignore