BEML LTD (Bharat Earth Movers Ltd) FPO Message Board (Page 7)

what is the lot??????

The ultimate idea of such aggressive pricing now-a-days is to drive out Retail Investors to Mutual Fund side - thats what I believe. Government also wants this to happen asap.

Yet another issue being priced aggressively/greedily, between Rs.1000-1050.

The current market price is just 12.5% above the upper band.Should there be a fall in the market, the price will touch down to the lower band easily. As far as the company is concerned, its a very good company with Rs.1500 crores worth of orders on hand. Again, for long term its very good issue, but for short term and listing gains - not worth at all.

BEML IS ONE OF THE BEST ISSUE BECAUSE THIS IS SMALLEST FPO

DUSRE GREY MARKET ME KITNA PREMIUM CHAL RAHA HE ? FORM KA ?

BEML has orders worth Rs.1500 crores on hand. Supplies steel compartments for Delhi and Mumbai metros. Issue price between Rs.900 and Rs.1000 will look attractive. The current market price is Rs.1140.

Hi Admin _ Chittogarh

HDIL IPO details web page linked to BEML page. Please correct.

Dear friends,

please do not hurry let the price fix, issue size is small, other big issue are there, consider all the points

Today's Financial Express said that "It is also tapping the capital market with an initial public offer (IPO) of Rs 450-500 crore".

http://www.financialexpress.com/fe_full_story.php?content_id=167641

When the size of the issue 49 lakh shares, arithmatically, the price of FPO will be somewhere between 900 and 1000.

How long will BEML/Government keep us waiting for the FPO price? SEBI should do something about this to bring in more transperancy.

Arun kumar,

IPO is Initial Public Offer - the FIRST issue of its equity shares by a company to general public. The purpose is to get money for business/expansion, and get listed on stock exchange(s).

FPO is Follow-on Public Offer. All subsequent offers, after IPO, are called FPO. The objective is to raise money for expansion/modernisation of operations, or just divestment of shares by existing holders, like the government.

Thanx Kishore
i think chances of getting allotment r very few

i think name is only enough to invest....Govt is having some PSU's on which one can bet blindly like BHEL<SAIL<NTPC<GAIL and this one and few more.....

hi sona,

i never said this price is decided by BEML but definetly it will be very close to this figures.

and this is the information which i got from some sites,
please dont comment on this, if u know any information just post it.

dear kishore, read properly they have assume this price. it is not fixed by beml.

Can anyone tell me the difference between an IPO & FPO? Thanks in advance.

but the size is small for retail investor to get anything. It shall be oversubscribed more than 100 times... so best of luck and lets start playing lottery than to apply for Such good IPOS

Kishore,
Till now the Company Has not announced the Price Band.How cum u know about the price band? I think BEML has told u personally........DO NOT SUPPLY WRONG INFORMATION TO THE PUBLIC.......

I think this issue is better than ICICI

Atul here are the detials.

Lower Price Band (Rs) 1,000
Upper Price Band (Rs) 1,050
Total Size (Rs) 515 Crores