Thejo Engineering Ltd IPO Message Board (Page 3)

Bid Closing Date September 6 - 2012 thursday
Finalisation of Basis of Allotment September 10 - 2012 monday
Credit of Equity Shares September 11 - 2012 tuesday
Initiation of refunds September 11 - 2012 tuesday
Commencement of trading of Equity Shares September 14 - 2012 friday

ok ,saw it on nse site.its 2.61 in retail category and one must get full allotment of 300 share in one application out of three.
ANY PREMIUM .......IS IT RS 70-80 PER SHARE as i have heard today.

can any body guide what is the final figure of subscription and chances out of three applications @cut off in retail category.

Till now retail subscription is 0.71

http://www.nseindia.com/emerge/sme_ipo.htm?cat=C this is the NSE Emerge link for SME''s. U can check the Subscription figures here.

How do i apply in this IPO using my ICICI account????

I applied for 300 shares today through ASBA. and selelcted cut off price. The cut off price it showed 402 instead 430> why?

What Is Thejo Engineering Ltd IPO NSE SME Web Site Address?
For Update SME IPO Subscription.

You can check the IPO bidding on NSE website or on chittorgarh.com itself.

i just learnt from my broker that retail has only one option of applying for 300 shares. They cannot apply for 600 shares as it will exceed 2 lach. Alootment will be made in the size of 300 shares only. And on listing the buy and sell order will also be in 300 shares lot size. There will be listing gains he said. Share will list around 455-465 rs he said.

Is there ASBA mode to apply in Thejo Engineering?

Minimum Lot for this issue is 300 and cut off price Rs.430/- per share i.e. for applying minimum lot the amount works out to Rs.1,29,000/- and for applying two lots i.e. 600 shares the amount works out to Rs.2,58,000/- which is more than Rs.2,00,000- and that we cannot apply. Can any one advise me that we can apply for minimum/maximum amount of Rs.1,29,00 i.e. 300 shares and if alloted we will be allotted one lot of 300 shares....Request for clarification !!!!!!!!!!

first you think how will you sell the stocks if alloted. SME platform is not integrated with many brokers.today i enquired at 2 broker office, but SME platform (BSE) not available . So before applying ,get it ensured that your broker has NSE SME platform so that you can sell the shares

as per NSE website,issue is subscribed 0.54 times on first day

Go to Nse Website, Look out for Thejo on the first page itself, click it, the ipo details of Thejo will be displayed. You can view bid details, fii&hni details.

if the application can be made in multiples of 300. Then the application of 600 shares would be of 258000. which would exceed the allowed 2 lach maximum application for retail. can anyone pls explain.

It is book building issue. Where can we find price demand chart.No current issue shows on NSE site.

thejo engineering ipo kostak rate is nearly 7500-8500

its seems worth to apply as P/E is TEL has posted an average EPS of Rs. 52.32 for the last three fiscals. For the year 2011-12 EPS stands at Rs. 76.17. The company issued 1 for 2 bonuses in 1994 and 2001. Its current equity of Rs. 1.24 crore is supported by free reserves of Rs. 28.76 crore. Even if we take fully diluted equity post IPO the issue is being made at a P/E of around 8 and below 2 P/BV. Thus the issue is low risk-high return one.

Source: Dilip Davda

Good IPO. Worth investing. Crisil rating 5/5, given after a long time.