Prakash Steelage Ltd IPO Message Board (Page 25)

Dear Sreedhar,
I will follow your advice on EIL. What is your call on Prakash Steelage? Looking at the retail subscription figures of Bajaj Corp, I now feel I could have taken DD and gone in with 2 more applications. I thought it would be around 10 times.

70 ambhitab
what is / one can invest 4 listing gains /
please clarificatiom abount it. with carculation and more clear your messange. I will apply in this ipo?

retail shares 2152500 for prakash /60 shares
how many people can apply for 1 lakh investment
does one broker has multiple accounts to complete the same investment in one day
why will he block his money in first day
he can wait till 10 aug
6 days extra means what amount
hi
EXPERT BOARDS MEMBERS

it's business unit in Gujarat then will definatly v can c speculative moves on day 1.

it will shoot up like jubiliant foodworks.....will definatly speculative on day 1. one can invest 4 listing gains.

HI,
RAVI BANGALORE , K.K. NATARAGAN, MARY , GEM IPO EXPERT , ETC ,ALL DUMMUY NAMES OF SAME PERSON
IS YOUR PE ,EPS PROFIT ETC WORKING FOR PRAKASH STELAGE IPO , WHERE IS YOUR MATHS,
NON INTISTUTIONAL INVESTORS 4 TIMES
RETAIL 1 TIMES
IN ONE DAY
HI ,
DO YOU WANT TO SAY THAT THIS IS BROKERS INVESTMENTS
CAN BROKERS INVEST SO MUCH MONEY IN RETAIL COUNTER

Dear Natarjan,
Penultimate strategy for Engineer India.Tomorrow if it opens at current rate,then short your expected allotment shares.Cover them at 320 pm.On monday is allotment date as per Intime people,Again short on monday.I will confirm whether allotment will be completed on monday.If they do confirm the allotment there is no need for you to cover the sold shares.

Dear friend,
I use ventura securities ltd.If you want to trade in IPOs intraday you can find their contact number from ventura1dotcom

shree ganesh managed subscription on the last day only!!!!you will see atleast 20 to 30% gain here.

whats the prem ? when eil allotment finallize ?

can we get the refund of eil before the closing date of prakash steelage. Please reply.

Hi Guys

nothing is cooking in Prakash steelage..

On first day application the brokers gave 500 Rs incentive same as Shri Ganesh jewellery did, just to create the hype..
that's why On first day it is 1 time in retail
Better to stay away from this IPO

some well known operators are behind this co...may give a big bang listing....

Ravi & milinds,
One should buy at market at 9 am & sell the shares after you get 5-6 percent returns on it which will be within 5-10 minutes.With the profit in the pocket wait how the stock is performing & then if the stock is making a new high hold on for 1 day.Sell on the second day which will be the the most profitable day.For last few IPOs that is what I am doing & for Bajaj corp also & Prakash steelage I would do the same.

Dear Ravi Bangalore,
excellent tips, small correction,sell on 1st of listing 50% bet 8.55am to 9.00 am.
I think that is what you want to say.
Thanks once again for good tips.
milinds

It is exactly 5.84 times at cut off at 1750 hrs & approx 6.5 overall retail including price bids.So max it will go is 7 times.So everybody will get good chunk of shares.22 shares * 200 per share is not bad.Retail will get approx 4k profit.

58.RAVI, Banglore

You have posted it all right, but I would like to add as per my experience as well:-

If you believe in long term story of the Company, in whose IPO you are investing, then sell only those much shares on listing from which you can recover your principal amount. Keep the profit amount invested for long term....

Eight Tips for Investors for applying in IPO for Listing Gains

Investing in IPO is an easy, low-risk way to make an average of 10% in 10 days. A 10% return can seem very low on a nominal basis, but when you calculate the annualised return it becomes very attractive. You can make an annualised return of more than 100%, on an average easily by investing in quality IPO’s by following the guidelines mentioned below: -

Here are some guidelines that should be followed by investors to select the IPO’s to invest in and make sure the risk involved is minimum and at the same time ensuring chances of allotment are very high.

These tips are applicable only to those investing in IPO’s for listing gains-

1. Investors must always show great caution, being careful to study the prospectus, balance sheet and profit & loss account of any potential investment. However, there is a simple secret. Blindly invest in a particular IPO, if the QIB category is oversubscribed by over 10 times. Institutional investors have access to information that retail investor will never have access to. This sometimes involves even insider information. So, just leverage on their analysis.

2. Always invest at cut-off price. The “cut off ” feature is an excellent facility that is offered only to retail investors. Make sure you make use of this facility. Informed investors can correct me if I am wrong.

3. Make sure you apply for the maximum shares possible that a retail investor is eligible to apply for (Rs. 1 lakh limit). If you apply for the minimum shares, it is like throwing darts on a dart board. Most probably, you will not get allotment and you would just end-up locking your money for 10 days.

4. If you find three or four IPO’s which are good but have only one lakh of capital to invest, select the best IPO among the three and invest in it. Don’t split your money. You might end up not getting allotment in any of the IPO. Diversifying doesn’t work in IPO’s

The next tip might seem unethical. So all of you out there who are very particular about ethics, kindly do not consider the fifth tip. Further, It is just my personal opinion and I don’t endorse the following tip. I would take no legal liability / responsibility if you choose to follow the next tip and you get into trouble.

5. I always apply for an IPO through a cheque. Once the final subscription figures are released and if I find that either the QIB category has been subscribed less than 10 times or if I find that the retail investor category has received much higher response than the QIB category (increases the chances of a bad listing, since most retail investors would sell on listing and there would be a huge selling pressure on the day of listing) or if I find to my dismay that the IPO has been oversubscribed by more than 30 times or so, then I would go ahead and give a stop payment.

This tip is just my personal opinion.

6. If you want to invest more than 1 lakh in a particular IPO, applyin more than one application. Never invest more than one lakh per application. You can invest in your spouse’s name or your mom/dad’s name.

7. Update your ECS details and make sure you write the following very clearly in the IPO application form: -

1) Your name
2) Your DP details
3) Cheque details & application no. on back of cheque.

PAN number will be captured from the system from your DP a/c details.

If your name or DP number is incorrect or unclear, then you will face unnecessary delays in getting the shares alloted and you wouldn’t be able to sell on listing. Also make sure you opt for ECS / RTGS refund. Cheques can be lost or delayed.

8. Sell-of the shares alloted to you on the second of listing. Sell 50% between 9.55 and 10 AM and the rest in the afternoon. The shares of that particular IPO might do well in day three and day four and in subsequent weeks too, but I have seen an equivalent number of IPO’s which have witnessed a huge fall in the third and fourth day after listing. You have invested in the IPO for listing gains, so make sure you sell it off as soon as the company lists on the stock exchange. This way you will be exposed to the least amount of risk.

Now tell me which other investment class with similar risk reward structure will give you as much returns.

Well, that’s about it. If you feel I have left out any point, please do feel free to add it as a comment.

Post HNI subscription GMP will shoot up to 100,there is no other way for it.It will reach 850 easily on the first day of listing.

do log worst fellows hi, 1 . anil , shree ganesh ko bolta tha ki woh 80 jayega, 30 jayega , 2. dusra hi tulsyan , woh to bola tha shree ganesh ko 260 me kharido, dono log lutere log