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IPO Grey Market Premium (March, 2008 Messages)

IPO Grey Market is the over-the-counter market where deals are done in-person only among the trusted group of investors. The deals are usually facilitated by the broker in neighborhood. In this market, an investor could sell IPO share or IPO application before the company gets listed on the stock exchange.

IPO Grey Market Premium (IPO GMP) is the premium at which the IPO shares are traded in the grey market. Kostak Rate is the rate at which you can sell the IPO application for a fixed price irrespective to you get IPO allotment or not.

Note: The messages express the views of the author of the message. We do not actively monitor the contents of posted messages on this forum. We are not responsible for the contents of any messages posted. Do not vouch for or warrant the accuracy, completeness or usefulness of any message.

This page shows the archived IPO Grey Market Messages received in March, 2008

Current IPO Grey Market Premium in India  Grey Market FAQs


IPO Grey Market Discussion

March, 2008 Messages

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Vikky
25. Vikky  Mar 27, 2008 19:00 I Like It. | Report Abuse
Hi Friends,
Latest Grey market prices are:

IPO            Issue Price            GMP
Gammon            167                  5 to 9
Kiri Diys      125 to 150            10 to 14
Sita Shree            30            5 to 7
Titagarh      540 to 610            25 - 40

Vikky
24.   Mar 21, 2008 12:21 I Like It. | Report Abuse
hi friends current and unchangeble g.m.p. for ipo
Kiri Dyes and Chemicals 125 to 150 Rs. 10-12
* Titagarh Wagons Ltd 540 to 610 Rs. 25-30
* Sita Shree food products 27 to 30 Rs. 2-4
* Gammon Infrastructure 167 to 200 Rs. 4-6


23.   Mar 18, 2008 13:43 I Like It. | Report Abuse
If you are long turm investor... so pls. invest in lok housing, icsa india, webel solar & murli ind.....
22.   Mar 18, 2008 13:36 I Like It. | Report Abuse
BACH SAKO TO BACH LO BHIYA YEH MARKET KI MANDI HAI
UNCHAHA UNSOCHA LEVAL HER KOI BANA YAHA BANDI HAI
UNCHAI SE NICHAI KA KHEL BURA JAB DHEKHA TO
TAB YEH JANA TAB YEH SOCHA BHOUT BURI BULNDI HAI
GARAM KHUN AB THANDA HO GAYA BHOUT BURA YEH DHANDA HO GAYA
YAHA MARKET BANA SHREEKHANDI HAI
BACH SAKO TO BACH LO YEH MARKET KI MANDI HAI
21.   Mar 18, 2008 13:34 I Like It. | Report Abuse
Satta bazaar hai yeh eska koi emaan nahi hai
Yeh jab girne per aaye to koi bhagwan nahi hai
Kitna karta tha mein taarifein dekar duhai economic growth ki
Es baat ka bhi es bazaar ko ehsaan nahi hai
20.   Mar 17, 2008 11:22 I Like It. | Report Abuse
hi this titagarh wagon can acchive 200 rs premiume
Tapan bhagat
19. Tapan bhagat  Mar 14, 2008 15:43 I Like It. | Report Abuse
Titagarh Wagons is entering capital market with an initial public offering, IPO of 24.87 lakh shares, including fresh sale of 3.15 lakh shares by Mrs Savitri Devi and Strategic Ventures Fund (Mauritius), of face value Rs 10 each on March 24. The price band has been fixed at Rs 540 to Rs 610. The issue will close on March 27, 2008.

It is planning to raise approximately Rs 129 crore to Rs 145 crore, out of which the company will get Rs 111.6 crore to Rs 126 crore. Issue will constitute 15% of post issue paid up capital.

Amongst PE investments, Blackstone has picked up a minority interest in Titagarh Wagons for Rs 672 a share, which is the fifth major investor to put money in Titagarh Wagons. Other investors include GE Capital Infrastructure (15%), JP Morgan (5%), 2i Capital (6%) and ChrysCapital (6.5%).

Money raised through this issue will be used for setting up an EMU manufacturing facility at Uttarpara unit, modernising and expanding the existing facilities at Titagarh and Uttarpara units, setting up an axle machining and wheelset assembly facility at Uttarpara unit, constructing a corporate office and a design cum research and development office. Money will also be used for strategic acquisition or investments and brand building exercise and General corporate purposes.

Titagarh Wagons is a leading private sector wagon manufacturer in India. It manufactures railway wagons, Bailey bridges, Heavy Earth Moving and Mining equipment, steel and SG iron castings of moderate to complex configuration etc. It is an Industry Partner to Defence Research and Development Organization, Ministry of Defence, manufactures special purpose wagons, shelters and other engineering equipments for defence.

It is into three broad business lines: a) wagon manufacturing, b) special projects (includes defence, bailey bridges and other fabricated equipment) and c) heavy earth moving and mining equipment division.

Current order book stands at Rs 753.11 crore. Rolling stock division is constituting nearly Rs 669.39 crore as on January 31, 2008.

Its subsidiary Titagarh Biotec Private (holds 98.14%), engaged in cultivating, producing, buying and selling all kinds of agricultural and forests produce. Wagon manufacturing business contributes around 86% of total income. 80% of the Order book for wagons comes from Railway.

Since Fiscal 2003, Sales and PBT CAGR stood at 57% and 76%. Wagon dispatches have increased from 644 wagons in 2003 to 2,073 wagons in Fiscal 2007.


taps
Sharemahaguru
18. Sharemahaguru  Mar 13, 2008 09:35 I Like It. | Report Abuse
Company Open/Close Offer Price Premium Kostak Rates
Sita Shree Food Products Limited 11 Mar - 14 Mar 27 to 30 6 to 7 -------
Gammon Infrastructure Projects Limited 10 Mar - 13 Mar 167 to 200 13 to 14 -------
V-Guard Industries Limited 18 Feb - 21 Feb 80 to 85 10 to 15 -------

Disclaimer: grey market rates changes everyday and do not subscribe to any IPO just on the basis of grey market rates. do check the fundamentals of the company.
*Kostak Rates - If a retail investor sells his/her application of Rs 1 lakh in the greyMarket then the premium he/she gets for that application is called 'Kostak Rate'.

17.   Mar 13, 2008 03:15 I Like It. | Report Abuse
may i know why all the statistics of all the big heads went wrong in case of GSS America infotech. on day 1 it ended at close to Rs.500 while the majors like Reliance power collapsed despite of CRISIL rating of 4 on 5
16.   Mar 11, 2008 14:53 I Like It. | Report Abuse
i think REC WILL LIST AT 15 RS PREMIUM AND THEN GO DOWN BY 15 % AT DAY LAST TRADE
Gopal
15. Gopal  Mar 10, 2008 10:41 I Like It. | Report Abuse
REC current GMP rs. 12 to 13. Avoid all the IPO's.
B coz no money flow in Indian market till this month. Sensex good support on 15300 & nifty support on 4830 but if broken that level sensex seen 12000.
14.   Mar 10, 2008 09:11 I Like It. | Report Abuse
REC ....

PREMIUM CURRENTLY 116 - 18
WAIT FOR 10 DAYS YOU WIL GET 105 +40 OR MORE........
Gopal
13. Gopal  Mar 8, 2008 11:44 I Like It. | Report Abuse
See my massage a weak ago, Away from market, dont sale or buy any items, even at that time forgate all the IPO's. REC perfect GMP is today 14 to 15 rs. But hope REC follow the two listing 1st Manjushree & 2nd GSS America,
12.   Mar 8, 2008 06:52 I Like It. | Report Abuse
I think Mr. Anil Ambani should announce further bonus issue to make good the further loss suffered by IPO investor in R-Power
11.   Mar 7, 2008 21:07 I Like It. | Report Abuse
GMP: REC should ideally not list for anything less than 30 (premium), though I do not have a proper source to collect the GMP.
10.   Mar 7, 2008 18:58 I Like It. | Report Abuse
Any body have information at what premium REC will actually list and when ?
9.   Mar 7, 2008 09:54 I Like It. | Report Abuse
Na ho itna udas ki lot kar phir se yeh bazra usee mukaam pe aayega bande
Hogi oppurnity tere paas phir bhi tu maat khayega bande
Phir se aayegein tujhe yaad vo gujrein hua pal market ke
Aur phir se khud pe tu muskurayega bande………
Sharemahaguru
8. Sharemahaguru  Mar 6, 2008 09:08 I Like It. | Report Abuse
Company Open/Close Offer Price Premium Kostak Rates
Sita Shree Food Products Limited 11 Mar - 14 Mar 27 to 30 4 to 4.50 -------
Gammon Infrastructure Projects Limited 10 Mar - 13 Mar 167 to 200 18 to 19 -------
Rural Electrification Corporation Limited 19 Feb - 22 Feb 90 to 105 15 to 18 -------
V-Guard Industries Limited 18 Feb - 21 Feb 80 to 85 05 to 06 -------
GSS America 11 Feb - 15 Feb 400 to 440 Discount -------
7.   Mar 5, 2008 20:57 I Like It. | Report Abuse
todays gmp on REC 14- 15
6.   Mar 5, 2008 18:49 I Like It. | Report Abuse
I am a real investor in share market since 25 years and i had seen
many up-dn and many scams in market, but beside the above i want
to describe my suggestions related to small & real investors only,
First, Special criteria/eligibility require for general investors
for trading in future and option market, viz. yearly inome more than
10 lacs or something better may be suggested for enrolment.

second,Everytime we seen that market is open at 9.55AM by -500> or
+500> and in this situation a small investor can't sale or buy any
shares with huge gape margin, so my suggestion is that for small
investor, trading session for F & O will be start after 5 to 10
minutes of opening of market ie. 10AM or 10.15 AM.
Gopal
5. Gopal  Mar 4, 2008 11:33 I Like It. | Report Abuse
All small investors, Please at that time away from the market, dont sell or buy any items. Avoid all the IPO's.
Today REC GMP is only 15 rs.
Anks Jain
4. Anks Jain  Mar 3, 2008 10:20 I Like It. | Report Abuse
GREY MARKET PREMIUM OF REC

IS RS 30
3.   Mar 2, 2008 16:02 I Like It. | Report Abuse
When is the listing date of REC?
2.   Mar 1, 2008 18:18 I Like It. | Report Abuse
Be prepared for a fall in coming 2 to 3 months. Small investors are requested to stay out. Wait for the Bloodbath to unfold.
Don't be foolish to venture out in the market and counted as a loser. Better to stay out and wait for right opportunity.

Index can reach 12,000 to 13,000 in next 6 months. Ummm... seems impractical.... well try and research and look around in international markets you will get answers. Please dont jump if markets recover wait for at least 2 to 3 months.
1.   Mar 1, 2008 17:43 I Like It. | Report Abuse
rul premium market 24 to 25
costak 2150 to 2200