Nelcast Limited IPO Message Board (Page 1)

HI everybody,

I applied 60 nelcast shares, i got 30 in the allotment,

Still i Didn't get refund money for remaining 30 shares,

is anybody help to me,

how can i get my money,

i applied through ICICI Dmat Account

Wait For Reply.

hai i am here to give my opinion on nelcast, as i have already done my homework. as per my opinion you can buy this share at present level, i am sure you will not regret, this is by far the cheapest share available in casting industry just look into the fundamentals u will certainly buy this share. just look into the balance sheet only and projection also.

idea going 200 for 6 Month

East or West NELCAST is Worst.

South or North dont trust NELCAST.

but this share for 90 rs after 2 weeks.

be ready guys.

I agree with you.. Similar thing happened to me .

jai

i have lost huge amount of money in this public issue inspite of rave reviews from well known sites are they fooling public, everybody from broker community was against dlf issue and icici issue but these issue gave much needed profit to real investors like me, now we are eagerly awaiting for beml and hdil where public fooled by not applying and broker invested heavily. alwasy do your homework, everonn is just the issue that everybody is recommending but look at the fundamentals its pathetic, every investor runs after this issue may god bless them

HI Anybody,

I applied 60 nelcast Shares, i got 30 shares in the allotment, but still i didn't get refund for remaining 30 Shares,

I applied Through ICICI DMAT account,

when will i get the remaining amount.

SORRY --- targer is 290 not 390... it will cross its all time high price as per following story:-

Nelcast says gets 200 mln rupees Metro Rail order

By Reuters (Thursday June 28, 08:56 AM)

MUMBAI (Reuters) - Nelcast Ltd., which made its stock market debut earlier on Wednesday, said it recently got an order worth 200 million rupees for ribbed plates from Metro Rail Corp.

Castings and components maker Nelcast has also received a four-year order worth about 150 million rupees annually to supply carriers to Europe's Meritor, it said in a statement.

Nelcast was at 214.65 rupees and 2.5 million shares were traded on the Mumbai stock exchange.

short term target 390.....do not sell in panic

Sell on rallies if any. Not worth of holding I think.

worst ipo, even capital market given wrong rating (46).

with in month this share value will go below 100

Hi Raghu

Good guess , I appreciate your suggestions.

can anyone suggest me what was the future of nelcast today
it was close at 204 rs against 219 rs issue price almost 15 rs less.

I purchased 30 shares at average of Rs 215. It has closed at 207.25 (LTP). With vishal and DLF listing next week, there won't be any interest left in this stock. It is better to get out at the best price in next couple of days. I plan to get out tomorrow morning. Because i feel 160-170 is a good level to enter this stock. You make your own decisions depending on your risk taking capabilities.

can anyone suggest me what was the future of nelcast today
it was close at 204 rs against 219 rs issue price almost 15 rs less.

can anyone suggest me what was the future of nelcast today
it was close at 204rs against 219 rs issue price almost 15 rs less.

Nelcast says gets 200 mln rupees Metro Rail order
Wed Jun 27, 2007 11:55 AM IST16

MUMBAI (Reuters) - Nelcast Ltd., which made its stock market debut earlier on Wednesday, said it recently got an order worth 200 million rupees for ribbed plates from Metro Rail Corp.

Castings and components maker Nelcast has also received a four-year order worth about 150 million rupees annually to supply carriers to Europe's Meritor, it said in a statement.

Nelcast was at 214.65 rupees and 2.5 million shares were traded on the Mumbai stock exchange.

IT IS A VERY GOOD SHARE AND MIGHT GIVE 20-25 RUPEES.

Hi guys
Tomorrow is the listing date for this IPO
Can i buy the shares tomorrow morning in open??
I mean is it increase the rate after 2 or 3 days??
Please suggest anyone.

HAI DEAR MEMBERS AS I TOLD YOU THAT I AM BUYER AND I AM PLEASED TO GET RESPONSE FROM MY FRIENDS AND WELL WISHERS TILL THE TIME OF POSTING THIS MESSAGE I HAVE ALREADY GOT 4550 SHARES NOW 450 SHARES ARE STILL LEFT ANY FRIENDS FROM DELHI I WISH TO PURCHASE AT A PREMIUM OF RS. 50/- OR SO. IT IS RIDICULOUS TO NOTE THE UNOFFICIAL PREMIUM WHICH IS QUOTED BY SOMEONE IS MERE 5 TO 6 ONLY HOWEVER I AND MY FRIENDS CIRCLE ARE CONTINUEOUSLY BUYER OF THIS SCRIP SINCE IPO DATE. INVESTOR PLEASE HOLD ON TO YOUR SCRIP, I ASSURE YOU BEST OF RETURN WITHIN ONE MONTH OR SO, JUST LOOK AT THE CURRENT QTR. RESULTS ENDING JUNE 07, I AM SURE YOU WILL NOT SELL THE SCRIP, 1ST QTR. RESULTS MAY BE DECLARED ON 14 OR 15 JULY SO HOLD ON TO AT LEAST 15 DAYS OR SO.