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MEP Infrastructure Developers Ltd IPO Message Board (Page 5)

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42. Alpesh Deopura |   Link |  Bookmark | April 20, 2015 3:09:17 PM
The initial public offer (IPO) of MEP Infrastructure Developers opens for bidding through the book building route on 21 April 2015. The price band for the IPO has been at Rs 63 to Rs 65 per share. The issue will close on 23 April 2015.

Through the issue of 5.14 crore shares in the upcoming IPO, MEP Infrastructure Developers intends to utilise the net proceeds of the offer to repay in part or full loans availed by its subsidiary MIPL and to generate corpus fund.

MEP Infrastructure Developers is a Mumbai-based toll management company.
41. patel keyur |   Link |  Bookmark | April 20, 2015 2:33:28 PM
mep infra ipo saro che
40. Carn Mohan |   Link |  Bookmark | April 20, 2015 1:10:33 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
loss making co. fair value below 10/
39. Mr. Singh |   Link |  Bookmark | April 20, 2015 12:39:31 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
JUNK IPO. Avoid.........
38. Jas Singh |   Link |  Bookmark | April 20, 2015 12:30:06 PM
Asking price for the issue is way too high considering the companies negative earnings and
considering that its last issue was priced below Rs.22
Better wait till Wednesday and watch the demand before subscribing.
Seems uncertain at this stage
37. Sagar Vora |   Link |  Bookmark | April 20, 2015 11:41:47 AM
What is the Kostak Premium ????????????
36. Nimesh Ariwala |   Link |  Bookmark | April 20, 2015 11:00:43 AM
Forthcoming IPOs
MEP Infra Developers Ltd.
21-4-2015 to 23-4-2015

UFO Moviez India Ltd.
28-4-2015 to 30-4-2015

PNC Infra
4-5-2015 to 6-5-2015

*** with best ***
35. Am A |   Link |  Bookmark | April 19, 2015 8:52:00 PM
Looks like the company wants to cash out before all the restrictions on toll collections, present & future, come in force!
34. jitendra vardiya |   Link |  Bookmark | April 19, 2015 6:56:28 PM
MEP infrastructure developers ltd. ipo grey market premium kitna hain
34.1. star ipo |   Link |  Bookmark | April 19, 2015 7:00:42 PM
Minuses 10/15
33. Analyst Raj Kumar |   Link |  Bookmark | April 19, 2015 6:43:36 PM
Post your comments on this forum should subscribe for this issue or not....
32. Analyst Raj Kumar |   Link |  Bookmark | April 19, 2015 6:28:48 PM
Four-wheeler owners who the Mumbai-Pune Expressway and Mumbai Entry/Exit Points (MEP) will continue to pay toll even as the state government has decided to scrap the toll for light motor vehicles and state transport buses at 80 other toll plazas across the state.



The state cabinet took this decision on Thursday evening. Maharashtra will reimburse the toll operators Rs 405 crore every year against the waiver. The government will declare the decision on the last day of the Budget Session on Friday.



According to officials, the waiver was not possible at the Expressway and MEPs beca90 per cent of total vehicles passing through these plazas were four-wheelers, whereas 35 per cent small vehicles used the other 80 tolls. MEP has plazas at Dahisar, Mulund (2), Airoli and Vashi. The waiver, if it had been approved for the Expressway and MEPs, would have cost the state a whopping Rs 4,000 crore per year, said the officials. However, the Kharghar plaza, which started operating recently despite public outcry, will also offer waiver to small vehicles. The decision will not increase toll duty for heavy vehicles and not extend the concession period for toll collection

Pros and cons

What’s Changed
>> Four-wheelers will be exempt from toll at 80 plazas across the state
>> No toll at Kharghar for four-wheelers
What’s Not

>> No increase in toll for heavy vehicles

>> No extension in concession period for collecting toll at plazas where waiver is granted

>> Small vehicles will continue to pay full toll at Expressway & Mumbai Entry/Exit points




































































































































































































































31. Analyst Raj Kumar |   Link |  Bookmark | April 19, 2015 6:22:02 PM
Chief minister Devendra Fadnavis on Friday announced that the state government had scrapped charging toll at 12 toll plazas in the state, and from May 31, 2015, exemption would be given to light motor vehicles, cars, jeeps and state transport buses at 53 toll nakas across the state.


Welcoming the decision as the first step towards making Maharashtra toll-free, Sanjay Shirodkar, who has done research on tolls in the state, said that the people of the state would enjoy a toll-free state only after the government does away with toll on the Mumbai-Pune expressway, Kolhapur toll and Mumbai entry point toll.


In an interview with dna''s Shailendra Paranjpe, Shirodkar said that even though the government is moving towards a toll-free state, much remains to be done.

Q) Why have the Mumbai-Pune expressway, Kolhapur toll and Mumbai entry points not been included in this list of tolls being abolished?
A) The reason is obvious, these three provide the money, which is many times more than that can be earned through the cancelled 12 tolls. Taking into account the revenue generation of the 12 tolls, one can only say that it is not a big step, but a small one towards making state toll-free.




Q) What is the politics behind this decision?
A) I don''t see much politics in this, but since the BJP had promised during elections that they would make Maharashtra toll-free, they are trying to stick to their word.

Q) What about the tolls cancelled by the previous Congress-NCP government? Has that had any bearing on the latest decision?
A) One can thank MNS president Raj Thackeray for the cancellation of those tolls, and for creating doubt in the minds of millions about tolls. It was Thackeray who did it, and it was after he met former CM Prithviraj Chavan, that the 45 tolls were cancelled. This move by the Fadnavis government is an extension of that decision, but the real question is why were these tolls being operated for so long?

Q) Do you mean to say that this decision is not going to help the state?
A) I am saying that this decision may provide some relief, but not that much, since all these tolls are 12-15 years old. Neither has the government announced how much amount has been recovered through toll tax by the investors, nor are they telling people that the PWD in 1996 had made it clear that any toll can have a buy-back that doesn''t exceed 20%.

Q) What about Mumbai entry point toll and the other three tolls?
A) As far as the Mumbai-Pune expressway is concerned, it is IRB Infrastructure Developers which is running it, and it is the costliest toll in the country with Rs195 for 95 kms.




The same IRB is running the toll for Ahmedabad-Baroda highway, and they are charging Rs95 for it. Interestingly, neither the Mumbai-Pune expressway nor the Mumbai entry point toll have a provision of a return ticket. However, the same IRB is having the said provision in the Ahmedabad-Baroda expressway toll.

Road Ministry to remove 125 toll plazas for hassle-free ride: Nitin Gadkari



Highway commuters may soon enjoy a smoother ride, with the government deciding to scrap 125 toll plazas on some of the nation''s roads.

The government is identifying projects where toll collection has become unviable or the cost has been recovered, minister of road transport and highways Nitin Gadkari said on Thursday.

Gadkari said 74 such publicfunded tolls have been identified and 61 of them have already been shut down. The road ministry also plans to make all projects with an investment of less than Rs 100 crore under public-private partnership toll-free after addressing contractual obligations, Gadkari said on the sidelines of the Indian Supply Chain Logistics Summit.

A road cess levied on petrol and diesel may be increased to recoup revenue foregone by giving up tolling.

The road ministry has proposed raising the cess to both the Prime Minister and the finance ministry. It has also recommended a 2 per cent surcharge on the purchase of new vehicles. If both proposals are accepted, the ministry would end up making far more revenue than it will forego, a senior road ministry official said.

The road ministry has been considering the idea of removing toll for passenger and non-commercial vehicles, which contribute only 14-15 per cent of total toll revenue and account for almost 50 per cent of the overall traffic. In 2013, of the total toll collection of Rs 11,400 crore, only Rs 1,600 crore came from personal vehicles, according to road ministry data. The removal of toll plazas along with implementation of a pan-India electronic toll collection system on national highways may help to saveRs 88,000 crore by reducing waiting and saving on time and fuel, according to a joint study by the Transport Corporation of India and the Indian Institute of Management Calcutta.

Of the 350 toll points on the Mumbai-Delhi route, 140 have been converted to e-tolling, which enables cashless collection of charges. Gadkari said the introduction of e-toll in the country will help reduce the waiting time of vehicles, which presently costs 2-3 per cent of GDP. Besides causing traffic snarls, passengers have refused to pay charges and have resorted to violence at some toll plazas. Last year, the Delhi High Court directed the Infrastructure Development Finance Corporation to take over the Delhi-Gurgaon expressway and remove the toll plaza.


The road ministry has proposed raising the cess to both the Prime Minister and the finance ministry. It has also recommended a 2 per cent surcharge on the purchase of new vehicles. If both proposals are accepted, the ministry would end up making far more revenue than it will forego, a senior road ministry official said.

The road ministry has been considering the idea of removing toll for passenger and non-commercial vehicles, which contribute only 14-15 per cent of total toll revenue and account for almost 50 per cent of the overall traffic. In 2013, of the total toll collection of Rs 11,400 crore, only Rs 1,600 crore came from personal vehicles, according to road ministry data. The removal of toll plazas along with implementation of a pan-India electronic toll collection system on national highways may help to saveRs 88,000 crore by reducing waiting and saving on time and fuel, according to a joint study by the Transport Corporation of India and the Indian Institute of Management Calcutta.

Of the 350 toll points on the Mumbai-Delhi route, 140 have been converted to e-tolling, which enables cashless collection of charges. Gadkari said the introduction of e-toll in the country will help reduce the waiting time of vehicles, which presently costs 2-3 per cent of GDP. Besides causing traffic snarls, passengers have refused to pay charges and have resorted to violence at some toll plazas. Last year, the Delhi High Court directed the Infrastructure Development Finance Corporation to take over the Delhi-Gurgaon expressway and remove the toll plaza.



30. Analyst Raj Kumar |   Link |  Bookmark | April 19, 2015 6:03:00 PM
Toll management company MEP Infrastructure Developers'' Rs 324 crore initial public offer (IPO) will hit the capital markets on April 21.

The bidding for shares in the IPO will open April 21 and close on April 23.

MEP Infrastructure Developers would be the fifth company to hit the capital markets this year.

The company, promoted by the Mhaiskar family, plans to enter capital markets with a public issue of equity shares worth up to Rs 324 crore.

The he proceeds of the issue would be utilised for repayment of certain loans and for general corporate purposes.


The company, along with its subsidiaries, has operated 68 projects with an aggregate of 122 toll plazas and 783 lanes across 12 states in the country
29. hemant garg chgh |   Link |  Bookmark | April 19, 2015 4:53:53 PM
issue should subscribe / avoid.. any premium expected on lisitng...









28. hemant garg chgh |   Link |  Bookmark | April 19, 2015 4:52:17 PM
Upcoming IPOs..good to invest....
27. Ghanshyam Lahoti |   Link |  Bookmark | April 19, 2015 4:04:39 PM
gmp rate?
26. arun sondhi |   Link |  Bookmark | April 19, 2015 3:03:54 PM
Dosto asba a/c 2 party ka kr skate ha
25. ABHISHEK AHMEDABAD |   Link |  Bookmark | April 19, 2015 12:08:44 PM
Next ipo 28april grey market hot

25.1. akg |   Link |  Bookmark | April 19, 2015 4:00:22 PM
which ipo is coming on 28 April?
24. ABHISHEK AHMEDABAD |   Link |  Bookmark | April 19, 2015 12:06:22 PM
Premium 8 rupees application rate 600 0nly
23. kalpesh parikh |   Link |  Bookmark | April 18, 2015 3:10:12 PM
grey market premiun ?
kostak price ?
23.1. DURAISWAMY |   Link |  Bookmark | April 18, 2015 3:47:56 PM
PLEASE TELL ME THE MEANING OF kostak price ?
23.2. Sushil Sawra |   Link |  Bookmark | April 19, 2015 1:56:06 PM
@ 63 Issue is highly discounted….can give good listing premium... Institutional share is high in the issue.. good stock to subscribe and hold on for a term perspective…..