Hi, I have applied for Rs 100000. Will I get the allotment? If yes what could be the number of shares? Thanks in advance for your kind reply. Vishwanath
SIR I APPLIED ONLY FOR ONE LOT OF TULSI EXTRUSIONS IPO NOW IT IS 2.47 SUBSCRIBED IN RETAIL CATEGORY WILL I GET ONE LOT PLZZZZZZZZZZZZZ DO RESPONSE. ROCKY
u r rite buddy.. tulsian is really USELESS.. if u go by his reading then out of last 25 issues he has said YES for only 3 issues!!! dont knew how he make analysis.. plz atleast dont go by his recommendation... nd so gar as dis issue is concerened u can go 4 it as listing will might go abov 100!!! so start applying..
For God's sake, pllllllllleeeeaaaaaaase dont talk about Tulsian. He is a 'so called USELESS EXPERT'. I had followed up few of his recommendations earlier...and found they were waste recommendations.
How many IPOs has this fellow asked investors to subscribe? The answer is NONE.
He had also said "Dont Apply" to Maytas Infra, Consolidated consortium, etc....which were blockbusters and the list is endless.
Recently, thrice he said to enter Empee with 400, 300 and 250 as targets, all the time...these targets keep changing and falling.
This useless expert clicks only once out of ten times.
If you have an opinion please let us know and also the basis of your opinion...but NOT of Tulsian's.
i think you are right these days small issues gives more returns then big ones not allotted the shares of future and the reliance power will only give a return of 2000 if sold in listing day. wereas this gives can give good return loking the fundamentals, peer group, issue price and grouth the company has shown. i will definately apply and advise so
the issue seems to be gud and definately one can gain on listing.. can opt 4 it as the public are going 2 invest in big issues and would not get allotment.. whereas in this one can have it and can sold at profit of 20-25%.. also price is fair enough comparing to its peer group..
the ipo is gud enough as co. has taken a low p/e at 12.5 for current price whileindustry p/e(avg.) is 23.5 one can capitalise on the gains on the day of listing as well as on long term basis
the issue is definately be looked into.. look at the performance of the company for last 4 years.. amazing.. PAT for Nov. 30, 2008 is arnd 12%!!! every year it scaled new heights.. nd not only fundamentals but prospective seems quite gud considering that expansion is into HDPE and LLDPE(drip irrigation) which is even the jackpot of Jain irrigations( d leader in industry and having same regsitered office at Jalgaon))..
Moreover, last year in budget arnd 21000 crore has been allocated for agriculture & irrigation and this year FM has given indication for further development & sanction of amount in same area. Also the irrigation minister is 4m Maharashtra which further strengthen the position..
So far as levy of anti-dumping duty is concerned the same will effect every pipe industry, so in no way competition is going 2 suffer rather every1 will be benefitted out of it..
Last but not least, in this capital market, its all about planned investment alongwith smart investment.. so go 4 dis IPO rather then investing in IPO which only promises but havent acheived anything in reality..
Plastic industry is coming up in a big way. Look at Manjushree who came with an issue now. I think the retail boom of India is helping them in a big way. Good to apply for it