RITES Limited IPO Message Board (Page 5)

Cash in hand Rs. 69 / share, NPM and ROE profile far better than Engineers India. Price culmination should occur only around Rs. 320 .....If one has taken a plunge and gotten allotment despite such formidable QIB subscription, it would be shameful to sell at a price under 300 ....

@ vendetta

Haha ..No....But this is dirt cheap ... 320 would be the algebraic culmination point after which the price would remain stagnant for a prolonged period of time...probably ages .....There is nothing spectacular that it's promoters have been doing here or anywhere else for that matter ....But Engineers India trades at 20 + P/E and 2.5 times P/BV with nothing in it's performance that deserves a mention .... Dividend policy for both the stocks is essentially the same....

So congratulation on your lot....I'm not suggesting it would get past 300, but I'm sure you won't end up selling it cheap either....

Thanks Anarchist,
Yes offer price is cheap @PE of about 11.
It does deserves a PE of 17-20 at least.

Rites listening price???

Bharat 22 ETF ka allotments and listing kab hai. Any friends Replying...

@bcskal, there is no separate thread or forum of bharat22 and TCS buyback. So what is the big deal if people are discussing bharat22 & TCS buyback here.
After all, rites forum is most active forum. People are expecting there answer here.

Bharat 22 ETF is already listed, can be traded in normal market.
Closing price was 33.64 less than Issue price.

https://www.icicipruamc.com/InvOnline/APP/ASPX/frmBharatETF.aspx

Bharat 22 etf allotment link. Give ur pan and 16 digit cdsl/nsdl I'd.

What is the real and exact meaning of Sauda and Kostak for Rites Ltd ...Can anyone here to explain me ? in the grey market

Kostak Rates means someone gets by selling his/her IPO application (in off market transaction) to someone else even before allotment or listing.
An investors can sell an IPO application to a Bayer at an agreed price before listing on stock market. In subject to Sauda, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn't get any shares or allotment in IPO process then deal gets canceled.

Bharat 22 ETF me 2 lack ki Application me profit ketna mil dakta hai. ??????

Bharat22 is trailing behind its allotment price. So forget about profit, allottees are in loss.

Hi need some help. I had applied through BOI ASBA & got no allotment . Amonut is still blocked for all 4 applications. What should I do ?

No problem, surely ur money will free on monday u have to wait

Experts Pl.advise regarding max. no. Shares in TCS buyback for consideration in small investors category ie. Up to 2 lac.
Lot of confusion has been created by so called knowlegeable persons.........
1).200000÷2100=95
2).200000÷cl.price of record date
3) 100
4) 110
5) other nos. like 105 108 112 etc.
It will be best to see the rule properly quoted so that doubt is cleared once for all.
THANKS

559.1 PVSH
Dear Sir,
Why these harsh words?
Thanks , anyway.

As defined in Regulation 2(1)(la) of the Buyback Regulations, a "Small Shareholder" is a Shareholder who holds Equity Shares having market value, on the basis of the CLOSING PRICE on the RECORD DATE, of not more than Rs. 200,000 (Rupees Two Lakh only).

Record date still not declared, today one can not calculate exact no. of max share holding to be considered as small shareholders.

Adjust no of shares two trading days before record date with estimated approx. price on record date (it is better to keep less shares than exact no.), as buying/selling on record date has no effect on your holding status.

In BHARAT 22 ETF FFO, Unit allotted @ 33.8213

Bharat 22 ETF - CMP below allotment price - 33.64
Previous day close - 33.11

2 Lack Application Profit Ketna ho sakta hai..

Bharat 22 ETF ka allotments and listing kab hai. Any friends Replying...

2 Applied 0 Alloted.......

In my wife ac i got allotment i think there is some quota for ladies in ipo lottery.

Applied in different 15 application in RITES including 4 female member. But I allotted only 1 lot in Male name..
So, where is chance of female?

Apllied in self and wife account , 0 allotment......

Yeh i got 1 app allotted under lady name. I think there is something for female quota

I think Rites listing above 235/240 and touch 280/90 . Excellent company . 3 point big positive.
1 . Issue price very low comper with fundamental balanceseet
2. QIB oversubscribed 71 time
3 . NII oversubscribed 194 time
4. Company orderbook very strong current and future.

Is there any chance to list above 250 please comment

While you submitting personal details to cdsl for open demat account, there is no gender specification.. and same time exchange will not filter sonu monu sweety to make allotment

Rites ipo listing 260 to 280

Allotment ho gya hai ya fir baki hai?

Kon desh se ho bhai?

You are earn from Rites 9000
Your wolf promise

Sure shot on first day

Means 9000 profit on listing day

I THINK RITES WOULD BE LIST AROUND 225 TO 235 AND FINE ORGANIC 810 TO 830 .