No one interested to apply this IPO as speculation point of view this will open good after listing becamoney blocked in vrl apply if open discount do average possible to open good.
Tata Steel at standalone level nafa ma chhe but at consolidated level motu nukshan. See its price in the market. In MEP same case at consolidated level. Understand my fears.
Woth strong management background and good track record in industry and seclect beneficiary of potential infra sector having strong govt focus....issue with right valuation should be subscribed
Well at price 65 its not worth considering promoters exiting their share and loss making company could not fetch you returns one can avoid this issue. Even government closing some toll in Maharashtra will affect revenue. Mep will never reach 65 in its life time. Even promoters not sure of revenue with negative cash flows. Huge debts huge losses. Poor management make you loose money Mep discount 12-14
Have 10 application quickly let me know buyers at any part of India. I am ready to sell at 750. Let me fools who are buying if not then the one posting is misleading.
Sawraji, Bat to Aapne badhiya ki. Business good chhe to Nukshan kem chhe ? Uska Reason to aape nahi diya ? Good business mai nukshan thoda hota hai ? Aur vo bhi Tin sal se ? Kuch to Gadbad hai.
Toll management & OMT is the new concept in India and gaining traction in a big way among NHAI and key state authorities, as it is fast and very efficient way to manage toll collection and undertake operation & maintenance work of roads through Public Private Partnership. Over last 3 years NHAI came up with large number of such contracts, With rising focus of NHAI & state bodies towards toll management & OMT projects and shift from BOT to EPC mode for road development will open huge opportunities for awarding toll management & OMT projects and benefit companies having expertise in this. MEP has an edge over its competitors based on number of toll management contracts and quality & size OMT projects it has been operating. Its dynamic business model enables it to capitalize on vast emerging opportunities and to grow its business manifold going ahead. With NHAI recently asking the state authorities to compensate the developers fairly and the Modi government willing to function on Public private partnership model for all its infra projects, an announcement of relieving cars from paying tolls looks highly unlikely without fair compensation. As this will only deteriorate the foreign and domestic investors sentiment in the country. Inspite of this if the state authorities still decides to go ahead and relieve toll payments, it will surely have to compensate the developers to the fullest inorder to maintain the momentum for future Infrastructure PPP contracts in the country.
In my view Issue price at Rs 63 – Rs 65 is failrly valued considering its intrinsic value of OMT assets, hence the issue price seems quite compelling to subscribe.
Very very high price. Business model is weak. donot think IPO will get good response. I will avoid the same. Promoters background ? why nobody talks about promoters background ? Are they related to some political party? How they earned this much money ?
When promoter''s took equity at Rs. 21.75 in September 2014,what has improved to ask nearly three times value when company still continues to incurs losses. In my view is better to skip this IPO
Dilip Davda SEBI registered Research Analyst Mumbai
Compared with Noida Toll Bridge.Clear avoid. Another Montecarlo waiting to fleece gullible small investors. Fair price is around Rs 20 only. Worth looking at after listing.