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Air Deccan IPO coming this May 18
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Sushubh (Administrator) #1
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Member since May 2006 · 77 posts · Location: Gurgaon India
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Subject: Air Deccan IPO coming this May 18
After the blockbuster Reliance IPO, the next one in line is the one of Air Deccan. Deccan Aviation IPO would be arriving in the market this May 18 and it would be an issue of 2.5 crore-equity shares of Rs 10 each in the price band of Rs 150 to Rs 175. The size of this issue at the higher end of the price band would touch a massive Rs 429.60 crore.

This IPO issue would constitute 25% of the post issue paid-up capital of the company. The company would be using these funds to further invest into the expansion in the market and to expand its fleet to serve more destinations in the country.

http://business.techwhack.com/524/air-deccan-ipo-2/
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imranais #2
Member since May 2006 · 12 posts · Location: Mumbai
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Good IPO to invest in!
Regards:
Imran Sayed.
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Sushubh (Administrator) #3
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Member since May 2006 · 77 posts · Location: Gurgaon India
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o_O with the fuel prices rising and too much competition in the market...   :-/
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imranais #4
Member since May 2006 · 12 posts · Location: Mumbai
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Invest in this IPO for short term, Bid, get allotment, enjoy listing gains, monitor price movement for few days then dispose off!
Regards:
Imran Sayed.
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Sushubh (Administrator) #5
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i hate karvy for not issuing me relpet shares... i bougt them at market price and i am already in loss. ;)
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imranais #6
Member since May 2006 · 12 posts · Location: Mumbai
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I had bid for 1200 shares and I got allotment for 100. Have patience with Relpet it will test 70 level and will start moving up slowly b4 it settles and moves between 90 & 100. Hold on Relpet...
Regards:
Imran Sayed.
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Sushubh (Administrator) #7
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Member since May 2006 · 77 posts · Location: Gurgaon India
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that's the funny part. i had bid for 1500. got none! :-p i am in no hurry with reliance. i just am disapointed that i did not get my share of the IPO shares. ;)
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imranais #8
Member since May 2006 · 12 posts · Location: Mumbai
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1500 and got none :'( , which trading portal u used for bidding on Relpet?
Regards:
Imran Sayed.
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Sushubh (Administrator) #9
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Member since May 2006 · 77 posts · Location: Gurgaon India
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icici direct man. :p
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imranais #10
Member since May 2006 · 12 posts · Location: Mumbai
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I am shocked even I had done bidding on Relpet thru IciciDirect. I had bid @62 using the payment option 2 (Rs.19/Share). Got allotted 100 shares out of 1200 I had bid for, even got refund of remaining amount well before Listing of Relpet.
Regards:
Imran Sayed.
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Sushubh (Administrator) #11
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Member since May 2006 · 77 posts · Location: Gurgaon India
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well i did get the refund on time. :) and yesterday got a mailer from karvy that i got ZERO allotment. ;)

no worries man. share would go below 60 sometime or the other. if not, does not hurt me anyways...
Anamika #12
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Anyone invested in Deccan IPO?
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Sushubh (Administrator) #13
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Member since May 2006 · 77 posts · Location: Gurgaon India
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o_O let me check if its available in ICICI Direct!

Hmm...  Issue Price Rs.150-175... I will have to think about it...
Skaran #14
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Air Deccan IPO close date extended to May 26. Also the price range also reduced to Rs.148-Rs.175.

Has anyone entered into this??
Anamika #15
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I have.. hope they do well.. anyone else giving me company?
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