@ Konal Ben Absolutelly Right!!!! After 7-8 years of listing luckylly get a chance to sell @ 34.50 in last month. Really great Govt. Navaratna company with such a long term investment.
50.2. dpcdsl| Link| Bookmark|
March 22, 2018 12:56:06 PM
Top Contributor (400+ Posts, 200+ Likes)
Why forget IDBI Bank? IDBI Bank issued shares to public in IPO @ 130/- in year 1994 within few days of listing went below 100/-, and never seen its price 130/-.
Holding nhpc @36 since listing. Yet to see IPO price though it was also sold by GOI. So beware. Pata nahin kaun si dhatu bana raha hai ye. Pani se bijlee banane wale ka haal to dekh liya.
48. P M| Link| Bookmark|
March 22, 2018 2:38:57 PM
(1100+ Posts, 1100+ Likes)
' Talk In India' seems to have little to bearing on the actual efficacy of these companies...I mean no one apart from the overly enthused voters seem to take that rhetoric seriously.....
One may look at this RATNA for instance..The plant remains closed alnost forever in the name of maintenance.....Isn't that enough to give the apprehensive lot, their biggest reason to question whether the produce is truly in demand to brag about the monopoly?
Company hasn't closed yet...It's their major plant which is undergoing maintenance and hence there has been no production for quite some time.....What else in your opinion dented the H1 performance this year?
Where did you get this information from? I guess there is a lot of wrong news in the media. I just chanced upon an ET article which says that the company has an order book position of Rs. 5000 Cr. Wheres in some other news article it says Company just has 6-9 months order book.
sptulsian stated this point in analysis, here is the link for your reference. I don't think this is not a big issue as just maintenance. https://www.sptulsian.com/free-zone/ipo-analysis/Mishra-Dhatu-Nigam
@karan sen, Management confirmed in a interview on cnbc awaaz, that its big forging press is in maintenance. It will be operational next month. It has a order book of around 500 cr. Not 5000 cr.
Their 5000 tonn press machine was under maintenance since almost 6months. Therefore eps was down. With the help of german company they have completed maintenance. It will be working from Q1 Source- company MD told on cnbc
43. P M| Link| Bookmark|
March 22, 2018 12:18:54 PM
(1100+ Posts, 1100+ Likes)
You can take a look at reviews provided by chittorgarh and some other adviser's analysis like SP Tulsian, take your own decision. Here is the link to SP Tulsian IPO Analysis. https://www.sptulsian.com/free-zone/ipo-analysis
41.2. Manofsteel| Link| Bookmark|
March 21, 2018 9:47:16 PM
Top Contributor (200+ Posts, 200+ Likes)
Links for Checking Live Subscription Numbers: NSE https://www.nseindia.com/products/content/equities/ipos/ipo_current_midhani.htm BSE https://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_new.aspx?Scripcode=3665