Forum

its clearly stated in SEBON's guidelines that out of the the total amount collected if the small investors contribution is more than 40% of the total collected amount then the issue managers will do a uniform distribution. since this ipo ridi has decided a upper limit of 1 millino only there is a good chance that we will see a uniform distribution.

there have been few cases where if the upper limit is set high and we have seen a uniform distribution. usually only when the upper limit is set at a smaller amount we see a uniform distribution..

Dear nepsepolice jee i totally agree with you ..............the initial IPO of Ridi Hydrower is going to over subscribed more than 15 times but can they alloted flatly to all shareholders?? may small investors are getting high % than big investors. and dear jharpat investor i don't know about Guru P Neupane jee. can you tell detail about him??

U know what guys.. Guru P Neupane is a notorious person in business community. They say.. his sons and his relatives hold different positions in his ventures and it is interesting to note how much his portfolio has increased in last few years. He is good in playing with others money they say and in his company, anything that comes as dividend is after all his expenses and manipulations are satisfied. So, i think his venture is something to take care about guys!!

my candid explaination on how much you should expect to receive? Sanima Mai received around 6 billion which has a much better brand name and promoters. if you look in to riddhi, i frankly feel its shady company.. first the financial seem like they have been made up and then if you look closely , director of NEA and riddhi are the same; which ofcourse is good for the value for the company and the shareholders; but i dont think its ethical ..

so back to sanima mai... it collected around 6 billino.. and since riddi has set a limitatino of around 10 lakh as max amount it wont collect as much. so lets say around 4 billion. and since they set a very low limit on the higher band there is a good chance that the allotment might be uniform. .i am guessin somewhere above 2%..

i totally agree with you nepsepolice jee and i will also definitely apply for the Ridi Hydropower. it will definitely open Rs 300+ at secondary market.but how much share we alloted in ipo is depend on it's subscription.....

we cannot say much about how the company operates.. but just look its the financials; i am pretty sure of manipulations their cash balance in the last three years was less than Rs. 10,000 .. i have more than 10,000 in my pocket right now.. and here we are taking abt a company whose ipo is worth more than 11 crore.

try downloading their annual report and try matching the cash balances from the previous years.. it doesn't match at all.. so if you ponder on this, how can a company publish an offer letter before making sure its financials are without any errors..

surely i will invest in the ipo and then sell the shares after 2-3 weeks. but i wouldn't recommend keeping this share for long.

why they are doing such a mistake like that???if any one knows about it pls post it

once a fool always a fool

आगामी फाल्गुन ४ गतेदेखि रिडी हाईड्रोपावरको शेयर खुल्दै छ / बिस्तृत विश्लेषण गरि लगानी गर्न तयार रहनुस/
थप जानकारीका लागि---- http://www.nepalsharemarket.com/Nepalsharemarket/Nepse/Docs/showDocImage.aspx?id=DOC-010082
http://www.nepalsharemarket.com/Nepalsharemarket/Nepse/Docs/showDocImage.aspx?id=DOC-010128

before you invest in Riddhi, check out its mistakes in the IPO offer letter.

http://www.sharesansar.com/forum/topic.php?id=2188

Agree to nomoney4630 ji.
Moreover, there are Tated and Sharada which seems more like family runned business or so.

Thanx a lot for mIraj jee and nomoney jee for your valuable thought about Ridi hydropower

yes absolutely
Miraj all project which are in operation may not be best not even every hydro.
as we know ridi hydropower has same promoter of arun valley and janata bank.
I dont know about janata bank's management but i do know about management of arun hydro
mr guru prasad neupane and his son are in key post of both ridi and arun.
There was some malpractises of agm and dividend distribution.
Banks and finance can not distribute dividend before alloting to general public but they have distributed 6 and 12 percent dividend before alloting to general public.
There is another interesting thing that they have conducted agm of fy 2069/70 on bhadra just 1 month after of completing fiscal year which means they(group of promoters) do not want to share the part of divdend to general public.
I think we have eps of near about 6 but can not except more.
as far as there is matter of management this is not good.
though ridi and arun are public company but it is family runned business because guru, ramesh are father and son who are in key post and rest are their son in law and other relatives.
I know guru prasad neupane as FATAHA

kisan Ji, It depends up on your cash that you have allocated. The main thing is how much the company BOD is transparent in financial maters and find out the past history of company, do the company issued evident in past or not.
Other Friends, please suggest will it be good to apply for Ridi ipo? National Hydro was also a operated project when it announced it's ipo.

Dear Miraj jee ....how much kitta apply for Ridi Hydropower any Guess????

Since, the Ridi is an operating Project is generating revenue. It's operation installation capacity is 3+2.4+.5= 5.9 MWs. Also, 9900 Kw project is in under construction. My prospect of mentioning this is, in what bases this project can be compared with Sanima Main for it's market value of share.

I totally agree with young bull jee......civil capital is make a game in a ipo of ridi hydropower as not allotted ipo result Maithila lagubitta...so it's direct effect to the small investers......and it's not enough time to sell other companies in secondary mkt to invest in ridi hydropower....

when returned our ipo allotment of Mithila lagubitta ?

I agree with Young Bull jee. As the small investors's money have freezed in previous IPOs, they will be affacted more. Here again, I see that the small investors have been deprived of the investing opportunities.
Is this their strategy?

this time small investors will be surely affected. Now it will be good to see that they will sell other companies share and start full IPO of RIDI LOL. BEST OF LUCK ALL INVESTORS

Dear nomoney jee may be civil is not wanted to be oversubscribed IPO of Ridi Hydropower so they don't want to publish IPO result of Mithila Before Ridi .......may Ridi's IPO oversubscribe more than 15 times.

absolutely I think ridi do not wants the ipo be oversuscribed by many times so he is not keeping collection counter more than 13
and opening ipo before refund of mithila and century
more than 20 arba amount is parked in century ipo then there is lesser money to invest
but i think there is still money to invest so oversubscription may not be more than 10 times

That means how many time oversubscribe will be for Ridi IPO this time? I suppose the possibility of oversubscribe like in recent past IPOs will not happen. Please comment......

civil are not returning our money before ipo of Ridi Hydropower ..................that's not good from civil merchant

According to sharesansar, refund for neither Century nor Mithila will happen before closing of Ridi.

http://www.sharesansar.com/viewnews.php?id=18814&cat=news