Sudar Garments Ltd IPO Message Board (Page 1)

41. Lost in Market

Sudar (120)

Is honey-moon over? Confirmation in the days to follow.

It may fall to 110?

Can we buy this at CMP 110 for target 200+ in 1-2 weeks. Pls advise. I missed Fineotex Chem :(

39, Ken Shah,
You should have put a stop loss which could have minimized your loss. It is always important in such kind of trades where we do not know what will happen.

freinds i got loss in sudar .seeing movement of acropetal i tried short selling in sudar and got trapped.rs.13000 loss.however i had not tried this type of trade earlier.please friends dont try short selling in ipos.

39 SkDash,
I have faced the auction situation in some public sector IPOs for selling before the allotment in the past. In my case I was asked to pay the average price of the shares on the auction day. If that is the case the only thing that will decide how much you have to pay depends on the price movement of this script on the auction day.

Thanks SkDash for explaining but it's sad :( I hope that now Sudar goes only down down and down..

35-baphna- i also faced loss in both fcl as well as sudar. As far as my knowledge is concerned- the short share need to be delivered in T+2 days (15.2.2011) and there is no other option left behind. In case you buy shares monday (14.2.2011)-it will be delivered to you on T+2 days i.e.16.2.2011 but you have to give delivery on 15.2.2011 for yr short position. So it will be auctioned on 15.2.2011 at the highest price or 20% above the 14.2.2011's closing price w.e.higher.

Others can correct me-if I am wrong. U can approach yr broker if they can do something for you

I had shortselled 400 shares at 98 and didn't bought at the end of the day?? Somebody please help and tell me what will happen how? It will go to auction? what is the procedure and what I can do now? Please help..

Sudar & Finotex pure opeartor play. They are quoting almost doubled their issue price. Even Acopetal also had bumper jump. But retail investors must be away from all these small players, in applyng as you never know which one turns out to Omkar. Better to apply in safe bets like Lovable

Not a bad listing. Those who have applied enjoy!

Sudar Garments-Forecase as per greymarket.in- 'punters are active- it may go into discount after listing'

company-poor fundamental
subscription-QIB-0.17times, NII-4.47times and RII-2.27times
Issue Price-77
GMP flat at 2-3 for 2-3 days

Lets see tomorrow

1066 SHARES ON 1K APP. GMP 3-3.5 MEANS 3200/- 2132 SHARES ON 2K APP. =6400/- ENJOY LISTING GAIN

sudar may list on discount...please avoid it.....sell immediately on listing... dont buy.... enjoy listing

Dear
SBI Chairman Just announce that they will retain Rs 5500 cr from SBI Bond.
Which means retail investors will get firm allotment. Retail contribution Rs 4500 cr & others Rs 1000 cr Totalling to Rs 5500 cr. Enjoy...

sbi bond newssssss


(Reuters) - State Bank of India (SBI.BO), the country's largest lender, received subscriptions for 85.8 billion rupees ($1.9 billion) for a bond sale, or more than 8.5 times the minimum on offer, two sources with direct knowledge told Reuters on Tuesday.

The state-run bank aimed to raise 10 billion rupees, with a greenshoe option for an equal amount. However, the bank said in its prospectus it had the option to retain up to 100 billion rupees if subscriptions from retail investors were more.

The bank, which along with its associates controls about a quarter of all loans in India, is raising the money to meet its assets growth. Demand for loans in India expanded 23.9 percent on year as of Feb. 11.

Retail investors put in bids for 45.72 billion rupees, compared with the minimum 5 billion rupees offered, said the sources who could not be identified as they were not authorised to speak to media.

For rich, or high net worth, individuals, the subscription was 5.08 billion rupees and for qualified institutional buyers it was 35.01 billion rupees, compared with the minimum offer of 2.5 billion rupees each, they said.

"These are provisional figures as there are some more applications left," said one source.

The bank had offered 10-year bonds at 9.75 percent for retail investors, and 9.3 percent for non-retail applicants. The bonds carry a call option in the fifth year.

It also offered 15-year bonds at 9.95 percent to retail investors and 9.45 percent to non-retail investors. The bonds have call option in the tenth year.

State Bank's previous public bond issue in October, worth 5 billion rupees, was subscribed 20 times, with the bank retaining 10 billion rupees.

WHAT IS GREY MARKET PRICE...........PLEASE SHARE IT.....

sudar ka grey market premium kya chal raha he

sudar retail me 2.27 times huva he to kya listing profit me hoga ki nahi please informe me

whatever be the company, all r getting subscribed min 1 times- so no problem for the company. Lets launch an IPO as Chittorgarh Party Ltd-50 cr. Object of the issue- to make party at diff places and diff time for preferred members

Dear SJ, Sridhar, Gem and friends,

I applied in sbi bonds 2011 today.
I applied for 30 lots..

Are there any chances for allotment?
Kindly advice.
Whether these bonds will be traded like equity.
Where can we see subscription figure and allotment status.
With regards.
In addition to this I request Chittorgarh team to start one page on SBI BOND 2011…
For the period of keeping money in escrow a/c, will bank pay any interest on the application money?