07-Sep-2007
Thanks Piyushji for the updates. I just applied for the IPO in both of=20 our accounts, and fortunately, I got in before the deadline.=20
The grey market premium is not much, but if I get decent quantity, I=20 want to hold on to it, since it is in the right segment of the Power=20 Sector business. Transmission lines are not an easy thing to create=20 and/or displace.=20
KKP
PIYUSH SHAH wrote: > Hi KKP, > =20 > Yes, You may go ahead with this IPO. In Short or Nutshell, Two main=20 > thing of this issue I would like to > Share. One thing it is govt. owned co., even after IPO govt. holding=20 > stands to 85%+. Secondly company > is having monopolysic type businee to distribute the power from its=20 > producers to the state level consumers > & big industrialist having 14% gross margin. The only thing he has to=20 > do one time capex of Transformers and power supply line. Another=20 > aspect is for immediate gain as currently it is quoting 10 to 15 Rs.=20 > above in grey market, so around 20% listing gain you can expect in=20 > 15-20 days, works out to approx. 350%+ annualised and being big issue=20 > compairbly allotment chance are there with minimum allotment of 125=20 > shares. > > I hope the above information will be helpful to you and other=20 > prospective investor to take the decession to invest or not. Capital=20 > Market rating I thing is 53/100. > =20 > Regards, > Piyush > =20 > On 9/10/07, *KKP_Investor* > wrote: > > > Is this a good IPO to get into? The name sounds great…..the > business > of transmission is key since it must take a lot of effort to get > electricity produced in one remote area transmitted to various > villages, > towns and cities. Right of way (land ownership) is the main thing > needed to put up large multi-story towers to transmit high voltage > electricity for distribution to businesses and residences. > > The above para is without reading the prospectus….. > > Thanks ERji, Esherji, Samirji, Feltra/Ramanji as always for keeping us > posted with many latest stories. > > KKP > > > + feltra wrote: > > > > > > > > Power Grid Corporation of India Limited (PGCIL) > > > > *Download PDF* > > > > > > > > > > > *Issue Summary* > > > ———————————————————————-=
