Mundra Port Allotment, Barak valley Listing tomorrow

Mundra Port IPO Allotment Status

Mundra Port IPO Allotment Status is out . You can check the allotment status from link below

Click here for Mundra Port IPO Allotment Status

The website of Intime Spectrum, the Registrar to the issue is currently not accesible due to heavy traffic of investors, so it is advisable to check status late in the night or you can call the intime spectrum office.

The stock was oversubscribed a whooping 116 times with Retail portion oversubscribed 16 times. An extremely strong listing is expected for the stock given the apetite for the IPO. The Grey market is putting a price tag of Rs. 900-1000 for the listing of Mundra Port.

Barak valley Cements listing tomorrow
Barak Valley Cement is listing on 23rd November,2007. The IPO was subscribed 27 times. Against the offer price of Rs. 42, the stock is commanding a premium of Rs. 28 in grey market which translates into a listing price of Rs. 80 Investors are advised to book profits on a price above Rs. 80

Rathi Bars to list tomorrow
Another Stock making a debut tomorrow, but a low profile one. This was a Fixed price IPO where the shares were offered at Rs. 35 The oversubscription numbers are not available. The Gery market is putting a modest premium of Rs. 3 on the offer price. However, given the current volatilty, the stock may spring some surprises on the listing date. Investors can consider profit booking at levels above Rs. 50.

2 comments:

Madan said...

Hi Rajesh

When is Mundra IPO listing date?

Thanks,
Madan

ashi said...

RPL under SEBI Scanner.. the drop from 290 to 195 has been completely operated. thats the news all over.. check this link of financial express and live mint

http://www.financialexpress.com/news/Smart-operators-in-RPL-futures-make-a-cool-Rs-1-000-cr/244312/

Between November 1 and November 6, 2007, a particular group made short sales of 10crore shares of Reliance Petroleum in the futures segment of National Stock Exchange costing Rs.3,000 crores approximately. they made a cool Rs 1,000 crores in less than a month, because the Reliance Petroleum shares have now crashed from Rs.295 to Rs 195 per share!. These guys have made Rs.100 per share.

isnt it ironic that someone knew that RIL was going to sell a huge quantity of shares and the prices were bound to come down?

My 2nd question is Who financed these traders for their margins? Where has this profit gone? and who bore the loss???

Its innocent small investors who bought Reliance Petroleum shares at the high prices, not knowing that this unholy alliance was indulging in insider trading and making illegal profits while Mukesh Ambani's own company RIL was selling shares without disclosing this to investors!!