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Message Icon Topic: VA Tech Wabag - Water Treatment Company Post Reply Post New Topic
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somu0915
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Quote somu0915 Replybullet Topic: VA Tech Wabag - Water Treatment Company
    Posted: 16/Oct/2009 at 11:56am
Well, I think in near future, WABAG is going to do an IPO, and it will be a great opportunity to have some company , leader in water treatment and wholly into water treatment.
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Hitesh Shah
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Quote Hitesh Shah Replybullet Posted: 17/Oct/2009 at 12:39pm
What is this WABAG? Please give details or a pointer.
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somu0915
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Quote somu0915 Replybullet Posted: 17/Oct/2009 at 12:41pm
WABAG

WABAG INDIA


Edited by somu0915 - 17/Oct/2009 at 12:44pm
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Hitesh Shah
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Quote Hitesh Shah Replybullet Posted: 17/Oct/2009 at 12:43pm
Thanks!

There's also this:
http://economictimes.indiatimes.com/Markets/IPOs/VA-Tech-Wabag-to-raise-Rs-500-cr-IPO-likely-in-2010/articleshow/5020559.cms

Saw Jerry Rao's name as one of the honchos.


Edited by Hitesh Shah - 17/Oct/2009 at 12:49pm
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somu0915
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Quote somu0915 Replybullet Posted: 17/Oct/2009 at 12:46pm
WABAG has already 50% market share in water - treatments in India.
Getting early into this business early will be very beneficial.
However I think we are discussing it in the wrong thread !
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samirarora
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Quote samirarora Replybullet Posted: 17/Oct/2009 at 12:49pm
Thanks for that... wabag fits well into what I was searching for... although even praj should do a good job, once it gets started, but i will certainly look forward to the IPO of wabarg.
 
Although, lets see how the IPO is priced...the recent fiasco of euro multivision is an eye opener.. even though they are talking about manufacturing photo voltaic cells, which is another theme i like.. but as you all know, it crashed in crazy manner yesterday... feel sorry for the mungeris who bought the IPO.
 
Best wishes,
samir.
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somu0915
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Quote somu0915 Replybullet Posted: 17/Oct/2009 at 1:04pm
Basantji,
Please move the comments here !
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somu0915
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Quote somu0915 Replybullet Posted: 17/Oct/2009 at 1:05pm
Basantji, please move the comments here:
http://www.theequitydesk.com/forum/forum_posts.asp?TID=2461&PID=121055#121055
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