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India's first internet company to go public

Discussion in 'General Business' started by seodelhi, Oct 30, 2006.

  1. Correctus

    Correctus Straight Edge

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    #21
    To Ozard

    Register an account with ICICI Bank (Savings account) and then you can opt-in for ICICI Direct service which would enable you to buy and sell shares online from whatever money is in your account.
    SEMrush
    IT
     
    Correctus, Oct 31, 2006 IP
    SEMrush
  2. seodelhi

    seodelhi Active Member

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    #22
    seodelhi, Oct 31, 2006 IP
    seoindia likes this.
  3. forumrating

    forumrating Notable Member

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    #23
    m thinking abt them still undecided, probably will do it on the date it opens in stock markets.

    not too sure if its gona giv fair returns immediately..
    read about it in newspaper
     
    forumrating, Oct 31, 2006 IP
    max pain likes this.
  4. Theozard

    Theozard Active Member

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    #24
    even im consfused...Is it worth investing ?
     
    Theozard, Oct 31, 2006 IP
  5. sachin410

    sachin410 Illustrious Member

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    #25
    I myself got a garage story to tell.

    Decades ago, my dad's cousin started out making small plastic toys in a small shed.

    He is an ordinary man - no genius.

    However what he has, is an extraordinary will power and determination. Slowly and steadily he grew his business.

    His hard work and persistence paid off.

    Today his business has come a long way from that small shed that produced plastic toys. His flagship company United Phosphorus is India's largest and world's fourth largest manufacturer of agro-chemicals - valued around 1.2 billion dollars.

    Business Standard India has ranked him the 96th richest person in India and his net worth is estimated at around USD 250 million.

    The interesting thing is - when he had started out, he had asked my dad's family to invest in his company. They didn't - they couldn't trust a college dropout. My dad's family made an elementary mistake - success has little to do with education and genius. It is more about determination and dedication.

    Many people feel you need an idea to succeed. I would say you don't need an idea - you need a goal - a direction and willpower to persist - no matter what the circumstances.




    As for the stock, Info Edge, I feel it would be better to buy in the IPO and sell on listing than buying at listing. As I said , the stock is already richly valued and has not much upside in the short term. It is getting institutional interest as it is the first dotcom to list in India. It is already 10 times oversubscribed in Institutional Buyers's category. This will ensure a good listing price.
     
    sachin410, Oct 31, 2006 IP
  6. ozim400

    ozim400 Active Member

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    #26
    Hmmm ... count me in right away :D how do you start off to this garage $$$ BILLIONS? :D
     
    ozim400, Oct 31, 2006 IP
  7. Correctus

    Correctus Straight Edge

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    #27
    Count me in as well..

    I'll bring the beer.

    IT
     
    Correctus, Oct 31, 2006 IP
  8. Theozard

    Theozard Active Member

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    #28
    ill get real juice :S
     
    Theozard, Oct 31, 2006 IP
  9. agnivo007

    agnivo007 Peon

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    #29
    I'd get a free army bunker and start a venture...lets see how that fares.
     
    agnivo007, Oct 31, 2006 IP
  10. seodelhi

    seodelhi Active Member

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    #30
    Now this is a Revelation.

    Naukri IPO has been subscribed 52 times.
    I think people who subscribed to it must rejoice, a listing of over 400 is on the cards.

    http://www.alootechie.com/News/1650.asp
     
    seodelhi, Nov 2, 2006 IP
  11. sachin410

    sachin410 Illustrious Member

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    #31
    The allotment is complete.

    From a total application of 740 shares (300+300+140), I was allotted 54 shares (27+27+0).

    The stock should list next week. I guess I will hold.
     
    sachin410, Nov 15, 2006 IP
  12. Nick_Mayhem

    Nick_Mayhem Notable Member

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    #32
    The problem with the garage story is that they can take high risks.
    because in end they have nothing to lose except that garage. :D

    The problem with normal people is that if they don't pay the money back to the investors they have their car and house in which they live. And they don't want to risk that.
     
    Nick_Mayhem, Nov 15, 2006 IP
  13. topaffiliateprogram

    topaffiliateprogram Peon

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    #33
    i just missed ipo so should i buy on first day trade ? it must be at 100 p/e on first day trading
     
    topaffiliateprogram, Nov 17, 2006 IP
  14. ash1

    ash1 Active Member

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    #34
    many .com sites in india are public for more than 6-7 years..

    rediff, sify are just a few
     
    ash1, Nov 17, 2006 IP
    sachin410 likes this.
  15. seodelhi

    seodelhi Active Member

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    #35

    FYI, rediff and sify is listed on nasdaq and not sensex.

    Naukri will be the first Indian Internet company to list on sensex.
     
    seodelhi, Nov 17, 2006 IP
  16. sachin410

    sachin410 Illustrious Member

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    #36
    What a listing :D.

    Current price is 570. I sold half of mine @ 545.
     
    sachin410, Nov 20, 2006 IP
    onedollar likes this.
  17. seodelhi

    seodelhi Active Member

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    #37
    seodelhi, Nov 20, 2006 IP
    sachin410 likes this.
  18. forumrating

    forumrating Notable Member

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    #38
    omg its like wow, stock is doubled already
    i gota take this seriously will invest some funds here.
     
    forumrating, Nov 21, 2006 IP
    sachin410 likes this.
  19. sachin410

    sachin410 Illustrious Member

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    #39
    In the last few years, IPOs have been easy money for most investors. Started with Maruti IPO, which proved that no matter how expensive the stock, if the company can generate enough interest, the stock will list at a good premium to the IPO price.

    The stock was down today and I expect further downside...maybe somewhere in the 525 region.

    There will be many money making opportunities in IPOs in the futures...DLF, Crains Energy and many other good companies looking to list their stocks.
     
    sachin410, Nov 22, 2006 IP
  20. seodelhi

    seodelhi Active Member

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    #40
    seodelhi, Nov 22, 2006 IP