Muthoot Finance Ltd IPO Message Board (Page 2)

First time after IPO the buy qty is more than sell qty. Still no strong momemtum yet.

Shahranpuri ji,

Technically 160-162 appears to be a support level for the stock. (the low it touched on the opening day)

Nowadays the intraday qty is huge for stocks going in either of the direction indicating lot of speculators in the market. The delivery quantity of Lovable had been in the range of 10-15% for more than a month giving thoughts on the real value for the stock. Similarly the reverse can happen in Muthoot also.

Here the interesting thing here is that the technicals of Manappuram will also influence Muthoot and there may be buyers coming from Manappuram to Muthoot once the gap reduces.

As such I plan to decide today / tomorrow to hold or to book loss.

For those who stuck in Muthoot...

Friends, i think as a friend mentioned already, will go like lovable, but other factors should co-operate, such as metal price, interest rates, etc...
I think, the placement to Anchor investors is the key Element...
So we can expect 200 in 6 months horizone....
Those who have patience, to wait and reap the fruits can hold this gold....

Vasnat,
I am also stuck with Muthot & in a quandry what to do ? The removal of priority sector status to NBFC & RBI increasing rates is a major negative which removed a loophole which was win win for both banks & NBFC.But this had come well before IPO & even then the ipo subscription was heavy.

Deutshe sec buying heavily on first day & increasing delivery %age is positive. Can it move like Lovable moved after few days or not? I am still holding to all shares.

Oomen chandy & UDF coming to power in kerala shud be a big positive for the co as both belong to same community & regulatory policies shud reduce.Whats your take?

Shahranpuri ji,

Technicals look weak but delivery % is increasing.
PAT / PE suggests that the gap between Manappuram and Muthoot should widen. Manappuram has already fallen from 130 to 115.

What is your call now.

Disclosure - Holding all ipo shares.

Expert comments are required,
Can i hold mothoot share?

@ Sreedhar..i exited @ 183..does it make sense to buy back at a discount to offer price..say if it comes down to 150-155

Muthoot is down today due to weakness in all financial stocks. May rebound tomorrow once markets and financial stock in particular move. Nothing to worry, this won't go Servlakshmi way. May give 10% return in a month.

what happen muthoot goes down.

muthoot story is over for the time being..

Write letter to linkintime with your application number.
Also make a call at your local linkintime office.

they will answer you.

Dont worry you will get refund money sure.

This happens because of some jenuin reason.

i have not received the refund of muthoot finance ipo.can any1 tell me the reason for this and till when i am likely to get the refund..???

hi rASMI IN WHICH COMMENT U WILL SAY U WITHDRAWN UR PARAAMOUN IPO APPLICATION ?
Rasmi's Beuro May 11, 2011 1:24:54 PM IST | Like | Report Abuse
Rasmi's Beuro's - IPO Recommendations, IPO Comments, Public Profile

Muthoot Finance Ltd IPO
MUTHOOT FINANCE IS A GOOD STOCK. I AM ALSO HOLDING IT'S 135 SHARE. DUE TO GOLD PRICE IT CANNOT PERFORM WELL. IN PARAMOUNT PRINTPACKAGEING I M WITHDRAW MY APPLICATION, AS I M WRITTEN IN PREVIOUS COMMENTS.SO DEAR SENUIPO SEE ALL THE COMMENTS BEFORE COMMENTING. WHAT IS UR EXPECTATION IN THE COMING IPO. WAITING UR REPLY......

Rasmi's Beuro May 11, 2011 12:05:28 AM IST | Like | Report Abuse
Rasmi's Beuro's - IPO Recommendations, IPO Comments, Public Profile

Servalakshmi Paper Ltd IPO
it is not a good ipo.All the retail investor get full allotment.Now many block buster IPO were failed. So if u like to manage ur loss then sell immediately at the time of listing.best of luck....

Rasmi's Beuro Apr 30, 2011 2:37:34 AM IST | Like | Report Abuse
Rasmi's Beuro's - IPO Recommendations, IPO Comments, Public Profile

Servalakshmi Paper Ltd IPO
Dear all my friends i don't know why u applied such a stupied IPO.I thought all the retail investor get full allotment because the cheque applicant may stop there cheque. So ASBA applicant send ur application and pan number to the register for cancel ur application else ready for huge loss. Best of luck for future...........

Rasmi's Beuro Apr 29, 2011 8:23:48 PM IST | Like | Report Abuse
Rasmi's Beuro's - IPO Recommendations, IPO Comments, Public Profile

Vaswani Industries Ltd IPO
The hni play big game in this ipo,. So they may cancel there form at last moment,. I see so many this type of IPO. So be careful, .i suggest to avoid it and apply in Sanghvi Forging IPO which open on may 4.

Rasmi's Beuro Apr 24, 2011 11:45:15 PM IST | Like (1) | Report Abuse
Rasmi's Beuro's - IPO Recommendations, IPO Comments, Public Profile

Paramount Printpackaging Ltd IPO
Printpackaging Limited is in the business of print & packaging solutions. Company offers a packing solution consisting of a wide range of cartons. Those cartons are mainly used in packaging of medicines, soaps, toothpaste, perfumes, shaving cream, shampoo, moisturizing cream, face wash, Automobile spare parts & accessories, Cigarettes, Corn flakes, tea, coffee and spices.
The Company proposes to enter the capital markets with a public issue of 1,30,94,175 equity shares of Rs. 10 each through a book building process. The issue will constitute 49.04% of the fully diluted post issue paid-up capital of the Company. Onelife Capital Advisors Limited is the Book Running Lead Manager to the Issue and Sharepro Services (India) Pvt Ltd is the Registrar to the Issue.
The Paramount Printpackaging proposes to deploy the net proceeds of the Issue for setting up new facilities for manufacturing of high end duplex board cartons, shippers and printed corrugated box in Gujarat as well as augment its long term working capital requirements.

THIS ISSUE IS COMPLETELY VALUE FOR MONEY. BUY RECOMENDED AT HIGHER PRICE BAND, DUE FII SUBSCRIPTION.FOR DOUBT GIVE UR COMMENTS

Rasmi's Beuro Apr 17, 2011 1:06:11 AM IST | Like | Report Abuse
Rasmi's Beuro's - IPO Recommendations, IPO Comments, Public Profile

Servalakshmi Paper Ltd IPO
Dear sameerjaipur,
The new comming Ipo

1)MUTHOOT FINANCE , 18 - 21 APRIL

2)PARAMOUNT PRINT PACKAGING , 20 - 25 APRIL

3)INNOVATIVE IND.,APRIL 26 TO 29

4)SERVALAKSHMI PAPER , 27 - 29 APRIL

5)GALAXY SURFACTANTS , 29 APRIL - 3 MAY

I Thought muthoot fin. gives u 30% profit,
paramount gives 15%,
INNOVATIVE IND gives 24% profit,
SERVALAKSHMI PAPER may list on discount so avoid it,and
GALAXY SURFACTANTS gives 18% profit
SO take the loan and applly these IPO 1,2,3,5. I thought u got about 80k profit.

MUTHOOT FINANCE IS A GOOD STOCK. I AM ALSO HOLDING IT'S 135 SHARE. DUE TO GOLD PRICE IT CANNOT PERFORM WELL. IN PARAMOUNT PRINTPACKAGEING I M WITHDRAW MY APPLICATION, AS I M WRITTEN IN PREVIOUS COMMENTS.SO DEAR SENUIPO SEE ALL THE COMMENTS BEFORE COMMENTING. WHAT IS UR EXPECTATION IN THE COMING IPO. WAITING UR REPLY......

MFL has survived the selling pressure nicely .. I shd say better than Coal India.
Do not sell this share and expect nothing less than 50% gain in 1 yr.

Happy Investing !!!

Disclaimer: I am not an expert. I purely invest on my gut feeling after doing some research on company's working model/statistics.

I am a keralite and we clearly understands the working model of these type of gold loan companies. Muthoot is functioning on the foundation laid by over 100 years of experience. The business is totally risk free.
Once they recieve first two or three payments, after that even if the customers become defaulters these companies are totally safe. In kerala public sector banks also offer loan for gold. But private companies are far more efficient. This is the reason why companies like muthoot and manappuram earn windfall profits. Remember, since listing manappuram has given an absolute return of around 3200% (including bonus and dividends)!!!!!!!
Muthoot has a customer base and fundamentals better than manappuram and it will repeat the same story...

Good Intra day graph. Momemtum building up with good volume.

Holding all ipo shares.

sreedhhar,
good afternoon.
i am still holding 134+134+134 plz advise what to do.also advice whether i should sell pfc application in grey market ,i think allotment in pfc will be full,therefore on allotment its price may fall below 193,i e our purchase.so plz reply.
with regards
ts

Hi everyone,,,
Has anyone received Muthoot Refund through RTGS/NEFT?

i checked my bank and there is no refund. WHen can i expect refund of money.

Consolidation over,upmove started, Now at 177