As per news reports about hazardous practice of asan loans, it's credibility, (SME) ipo and Anchor book (it could be manipulation) and gmp (manipulation) a avoid from my side. There are many SME and dee piping issue, so would consider that instead of aasaan. All views are personal.
"No mutual funds have applied through any schemes." It is clearly written over there. It is a negative listing candidate mainly because of decreasing revenue and PAT as well as low promoter holding. I don't know how they manage to keep GMP at 40%; it may be fake. It is clearly an avoidable candidate. Sir is trying to save people who go by GMP.
Also, negative google reviews, income tax raid, decreasing promoter holding in star housing finance continuously qoq, double pe compared to peers, promotion by new members, fishy numbers. Sir has indirectly informed us and cant say directly as many HNIs are invested in preipo. There are many good ipos currently. Better to avoid this one.
23.7. RAJ ARYA| Link| Bookmark|
June 20, 2024 7:53:43 AM
IPO Mentor (600+ Posts, 200+ Likes)
@IPO Learning Sir mutual fund itne chhote size ke ipo me Paisa nahi lagate hai, par ha akme ki anchor me koi bada name nahi hai, akme ki anchor bakwas hai, or iski premium pe bhi trust nahi hai, listing achhi nahi hogi iski ll
@RAJ ARYA Bhai.. Please don't ask this information here.. Admin will again ban to our beloved @newgen consultancy Ji.. !! Badi mushkil se kishti bachhi hai .. Pichhley Toofaano se..!! 😊
@RAJ ARYA Bhai.. Jo hint aap pooch rahe ho.. @newgen consultancy Ji se ..vahi galti se yahan disclose hone par.. Ban ho gaye thai..newgen bhai..!! Ummeed hai.. Maamla clear ho gaya hoga.. !!
23.12. Basuvr| Link| Bookmark|
June 20, 2024 3:38:53 PM
IPO Guru (2000+ Posts, 1100+ Likes)
@Basuvr No Sir.. I was trying to explain Mr @RAJ ARYA Ji only.. No other intention Sir🙏🙏 @RAJ ARYA ji.. I am very the members here.. So can not comments on every one.. Sir!! I like to be quite instead of unnecessary argument.. !!
23.15. Rakcyt| Link| Bookmark|
June 20, 2024 5:24:37 PM
IPO Guru (1300+ Posts, 1300+ Likes)
@newgen consultancy Thanks for elaborate n indepth analysis for benefit of all In nutshell , it's an easy ( aasaan) loan which you would feel like you have on your head once you get allotment.😄
@diwan kapoor Ji that was me who was asking for the hint and I am sorry for that as I was not aware of that thing and can you please let me know how to delete a comment
@diwan kapoor Sir Ab bole to bole kya , kare to kare kya, bus itna kahunga ki newgen bhai mere already friend hai, wo mujhe jante hai , or me unko achhe se janta hu, to aap hi batao me aapse unke bare me hint kyu mangunga , sir apko misunderstanding huyi hai ll
Clickbait post. Typical strategy by scammers to get eyeballs. Batana hai batao, else ye message ka kya matlab hai? Apne aap ko bhagwan samajhna band kar do.
23.27. k l patel| Link| Bookmark|
June 21, 2024 2:44:36 PM
Top Contributor (600+ Posts, 200+ Likes)
@TECH IPO "Did i ask you for the advise? Nobody asked you to reply on my comment. Don't pretend you own the forum." this applies to you too.. Did newgen consultancy asked you for advise? nobody asked you to reply on newgen consultancies message.
22.1. CJ ROCKS| Link| Bookmark|
June 19, 2024 10:50:13 AM
IPO Mentor (800+ Posts, 500+ Likes)
@Chhote Lal Thanks sir 👍for sharing anchor list and also raised a valid point of MFs not participating in anchor book. So it is a last day, last hour candidate for me as so many RedFlag's are given like DD sir review, Newgen sir valid inputs and Ur good point about MFs not participating. So last day last hour after seeing QIB and NIIs subscription one may go only for listing gains but not for investment.
@CJ ROCKS Yes one should take call after evaluating all parameters. Let's watch keenly. Good Luck 👍
22.3. CJ ROCKS| Link| Bookmark|
June 19, 2024 2:35:54 PM
IPO Mentor (800+ Posts, 500+ Likes)
@Chhote Lal Thanks 🙏 sir again for ur valuable thought and also words of caution as one should not be carried away by applying each and every IPO. Yes we have to consider each parameters and GMP is not the only parameter for applying any IPO. Please share your final call on last day. Thanks in advance🙏
22.4. k l patel| Link| Bookmark|
June 21, 2024 10:03:50 AM
Top Contributor (600+ Posts, 200+ Likes)
Akhir me mutual fund managers ne apne akal ka istemal kar hi liya 🧠👏👏
Toofan dhire dhire aa rha hai @CJ ROCKS@Chhote Lal Kuch nhi daya sab hi gadbad hai. Gmp down to 15%. Discount listing chances.
22.10. CJ ROCKS| Link| Bookmark|
June 24, 2024 3:15:22 PM
IPO Mentor (800+ Posts, 500+ Likes)
@Harsh Newguru Bhai humne toh apni naav kinare par rakh li thi @Chhote Lal Bhai 🙏ji ne MF not interested aur @newgen consultancy Sir🙏 clear cur verdict dekar ishaaro mein samjha diya tha toh humne naav kinare par he rakh di is toofan se bachne k liye. But some forum members who applied I will pray for them that listing will not disappointed. All the very best for the allottees🤞
@Kaulav It happens the other way round too. SH quota offered in DRHP may be withdrawn in RHP as was observed in Fed Fina IPO where SH quota indicated for share holders of Federal Bank was found removed in RHP
20. UjwalG| Link| Bookmark|
June 16, 2024 2:04:09 PM
IPO Guru (1300+ Posts, 600+ Likes)
It is 5.5L shares reserved for employees and not 55 L
19. MuStrFc| Link| Bookmark|
June 16, 2024 12:49:34 PM
IPO Guru (2900+ Posts, 2300+ Likes)
Treat this as an SME, and consider that all of the negatives are before pre-ipo investors put their hands in, a very good recipe for operators to take advantage of.
But there is no underlying strength in this one, enjoy the ride if one can
18. IPOGainers| Link| Bookmark|
June 16, 2024 12:24:37 AM
Top Contributor (500+ Posts, 100+ Likes)
Small size issue. Many BIG HNIs invested in pre ipo.
@Abhisir There is a curious and strange case of Varanium Colud (SME)- A SEBI proven fraud and paper company. Warrant against Promoter. But, still trading going on with full force (ofcourse trap by operators)......so GMP here has no logic.....
Once installed, these apps engage in various fraudulent activities, such as charging exorbitant hidden fees, accessing and misusing personal data, employing aggressive debt collection tactics, and sometimes even disappearing after collecting user data. Below is a list of some fake loan apps. 7 Asan Loan Sorice loantap
@Harsh Newguru What a shame! Now will avoid this IPO at any cost, even if subscription sky hikes. Knowing their business tattics applying here would be ethically so wrong.
14.6. IPOGainers| Link| Bookmark|
June 20, 2024 3:10:45 AM
Top Contributor (500+ Posts, 100+ Likes)
@Harsh Newguru Its a different app. Check the spellings of both the companies. There are many companies running with similar kind of names.
@HumorHedge Yes me too not applying due to various reasons, and there are many other issues as well.
As per news reports about hazardous practice of asan loans, it's credibility, (SME) ipo and Anchor book (it could be manipulation) and gmp (manipulated) a avoid from my side. There are many SME and dee piping issue, so would consider that instead of aasaan. AVOID All views are personal.
13. UjwalG| Link| Bookmark|
June 14, 2024 6:49:08 PM
IPO Guru (1300+ Posts, 600+ Likes)
Based of last 2 IPOs avg. No of avg retail apps were 1,996,975. No of retail apps here 31080, eo retail can subscribe 50-60x. SHNI no of avg apps 110,102.5. no of SHNi apps here 314, so SHNI can subscribe 300-350x.
11.2. arunARUN| Link| Bookmark|
June 15, 2024 8:08:29 AM
IPO Guru (2000+ Posts, 1700+ Likes)
Investor don't subscribe like that. In my view they factor sector promoter GMP current market environment alternate investment possibility at same time before they put application
@arunARUN U are right but retail and shni don't work like that I think. Bhni and qibs surely work like that. And as I mentioned these are avg no to just say to how extent it can subscribe
10. antarix| Link| Bookmark|
June 14, 2024 6:59:15 PM
IPO Guru (1200+ Posts, 800+ Likes)
Some of the comments here are: Good company. Great company. Good reliable company. Good reputed company.
So much goodness here that mind has become very cautious. But the height of everything: I have already applied for this IPO. (हे महान आत्मा, IPO तो अभी खुला भी नहीं है.)
All new members who joined to advertise. Please do not spam. GMP is good so it will be oversubscribed. Also size is small so will be heavily oversubscribed.