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Adani Enterprises Limited FPO Message Board (Page 24)

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295. Smile✅ |   Link |  Bookmark | January 27, 2023 10:21:33 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Cmp 3206 low of 3172
Still 0.01% employees applied, I think they are looking for "Employee of the Year" award.
295.2. amit K singh |   Link |  Bookmark | January 27, 2023 11:08:46 AM
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
Now we have to see also current state of mind of the Anchors...
295.3. JAI JAI GARVI GUJARAT |   Link |  Bookmark | January 27, 2023 11:24:59 PM
IPO Mentor IPO Mentor (800+ Posts, 300+ Likes)
@F&O ka raja

Are sir kya dimaag laga rhe he
Agar aapko maal chahiye to uthalo secondary market mese , aur vo bhi jitna chahe utna😂😂

'Employee ne lagaya to kuch jaadu hoga ' ye kya baat Hui sir
294. DIVYANG ITO |   Link |  Bookmark | January 27, 2023 10:45:07 PM
Adani ports at current rate , adani power and wilmar after 3 lower circuits (15%) wouldn't be that worst bet for midium to long term point of view in my opinion
294.5. DIVYANG ITO |   Link |  Bookmark | January 28, 2023 5:11:33 PM
Param bhai mari potani ni j research che dost , deven nu to example abhan Manas ne samjava apyu brother, 20 varsh thi market ma chu saro anubhav che market no ..pela entha cautious ne samjav 😅
294.6. Param Patel |   Link |  Bookmark | January 30, 2023 8:47:18 AM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
@DIVYANG ITO kyu gaam tamaru ?
293. Jio or jine do |   Link |  Bookmark | January 27, 2023 10:38:14 PM
Gmp -100rs
293.1. Smile✅ |   Link |  Bookmark | January 28, 2023 9:57:06 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Adani to @jio jine do

292. ShreeRam IPO |   Link |  Bookmark | January 27, 2023 10:23:25 PM
As per RHP Page no 697

In case of any revision to the Price Band, the Bid/Offer Period will be extended by at least three additional Working
Days following such revision of the Price Band
Our Company in consultation with the Book Running Lead Managers, reserve the right to revise the Price Band during the
Bid/Offer Period in accordance with the SEBI ICDR Regulations. The revision in the Price Band shall not exceed 20% on either
side
291. abc xyz |   Link |  Bookmark | January 27, 2023 10:09:46 PM
IPO Guru IPO Guru (1100+ Posts, 1100+ Likes)
This is the perfect subject on which one can complete the Phd. How the individual can become the 3rd Richest person with the support of his friends. Perfect case of the enormous favouritism.
If some stock crosses 200-300 pe,, the SEBI kept it's share under ASMLT group : X/XT
But here??????
Actually all agencies can't do anything against them. Only common people are here to suffer.
290. abc xyz |   Link |  Bookmark | January 27, 2023 6:57:28 PM
IPO Guru IPO Guru (1100+ Posts, 1100+ Likes)
Today we have all witnessed the Titanic episode. But during the day LIC, SBI LIFE & SBI Employees Pension Fund have subscribed this FPO (@ ipo price ) 915748, 381560 & 305248 respectively causing profit of 82 crores to the Adanis and loss to the public of 82 crores.
It's the simple truth that no one will subscribe this issue at the issue price but these psus have invested in it at the ipo price. So all can understand that who is forcing these psus ( public money) and giving the advantage to the Adanis. It's a matter of friendship. 😎🤓😄😀
290.1. cachandanraj |   Link |  Bookmark | January 27, 2023 7:30:52 PM
Aysa n ho koi rat 8pm me aa kr bol de every dmate holder have to buy 1 lote😄😀
290.2. svh |   Link |  Bookmark | January 27, 2023 9:48:16 PM
IPO Guru IPO Guru (2400+ Posts, 3600+ Likes)
@ cachandanraj , LOL . Your post remind me the lock-in period of yes bank 3 years back during bank fiasco.
🙏👍
289. chIPOrgarh |   Link |  Bookmark | January 27, 2023 9:47:29 PM (200+ Posts)
AEL employees are scared to subscribe🤭
288. Kaybee |   Link |  Bookmark | January 27, 2023 4:37:06 PM
This FPO price should be brought down on Monday to about 2200/- to save the market from collapsing. As investor confidence has been shaken, it may slide further to 1800/-. MY TAKE.
288.1. PeterEngland |   Link |  Bookmark | January 27, 2023 4:44:03 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Can they reduce the FPO price while it's ongoing?
288.2. arunARUN |   Link |  Bookmark | January 27, 2023 9:47:04 PM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
@peterengland
Yes price can be reduced. Rs 2200 is a pipedream. Which will be proven next week
287. arvindarvind |   Link |  Bookmark | January 27, 2023 5:19:25 PM
Top Contributor Top Contributor (900+ Posts, 200+ Likes)
Will it be cancelled or postpond or reduce the price to 2200?
287.1. arunARUN |   Link |  Bookmark | January 27, 2023 9:43:35 PM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
Rs 2200 is not going to happen
286. God is Great |   Link |  Bookmark | January 27, 2023 1:02:42 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Guys should adani go for subscribe or not? Dear Liger,IPOWizard,Arca,pratham,PrasenIpo,krisnaT,AbhishekMani,Iamnimitshah,PKRAJ,MonsterZero,NITEENIPO,prasenipo,k.atar,Prabhjot,ColdBurger,Chemcho,sdz,rsk,XCapitalMarkets,amitchheda,Trueinfo,crow,svh,PSR,bAAZ,CB,karam,AAAJAI,manishgoplani,arca,s.k.sindhi,pRACE,samjos,lokes,avenue,ayushIIM,parampatel,dineshsing,Immortal,Hostpacker,smile,sonal&krupaji,eagle&owls&arjun eyes,ducyduck,septa,rajakumar, eVA, ipoanalysis,kingvinod,noorul,mraviji,viraj,B.M.SURANA,Thoth and all cg helping hands members🙏
286.15. Smile✍️ |   Link |  Bookmark | February 2, 2023 2:28:36 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Down from my prediction of 1600.
Next target by @piyush choudhary is not far away
286.16. Cautious ProPrio |   Link |  Bookmark | February 2, 2023 3:18:55 PM
IPO Guru IPO Guru (1900+ Posts, 1100+ Likes)
My target was below 500 given very early when people enjoying grey market , subject and even no hindenburg report there too...
285. tusharahuja |   Link |  Bookmark | January 27, 2023 5:53:49 PM
Hi,
Adani enterprises share price is 2736Rs and FPO price is 3276Rs(full share price). Why to apply through FPO route? I don't see any sense applying this FPO , better to buy directly on Monday
285.1. Elon Rusk |   Link |  Bookmark | January 27, 2023 9:30:27 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
If every one buys from open market then price will go above FPO price
284. Trueinfo |   Link |  Bookmark | January 27, 2023 6:17:19 PM
IPO Guru IPO Guru (1800+ Posts, 1700+ Likes)
Huge setback for Adani Group. Though, I believe the group will bounce back, but it may take some more beating and may lose 20-25% more. FPO will surely be a casualty under the circumstances. Don't agree at the moment with those, who predict 80-85% fall. Adani companies though overvalued, but are rock solid and will not melt away like chhota Ambani companies. At 50% of price before expose, these may present good buying opportunity. Just my view, may be wrong also. Exercise due caution and decide for yourself as per your own judgement.
284.1. Param Patel |   Link |  Bookmark | January 27, 2023 6:32:59 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Govt kaise bhi karke bacha legi adani ko wo to sabko pata hai lekin ab is group se jitna dur Raha jaaye utna hi accha hai FOMO ko side me rakho.
284.2. Elon Rusk |   Link |  Bookmark | January 27, 2023 9:27:29 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
Just add 'I may be wrong at the end' and your prediction will be 100% true in any case..
283. Justalearner |   Link |  Bookmark | January 27, 2023 7:21:38 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
This is what happens when no one questions the power. Brazen help offered to the group using hard earned public money. LIC doesn't have investment from Multi biliionaires but its entire corpus comes from hard earned money of common public. Why did it still subscribe to FPO when it could have got it 10% cheaper today itself? Any answers?
283.8. PSR |   Link |  Bookmark | January 28, 2023 11:58:32 AM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
Mr. arunARUN
To my knowledge OFS is meant for selling existing shares which have already been issued earlier.
But in the instant case, entire issue consists of issuance of additional shares.
Hence, OFS is not the right route in the instant case.
Am I correct? If not, I may please be corrected.
283.9. arunARUN |   Link |  Bookmark | January 28, 2023 2:15:02 PM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
@PSR
You are right in reading the term OFS as meaning for existing share
However OFS being offer for sale for a listed company may also be used as a platform for further public offer
282. ramsita |   Link |  Bookmark | January 27, 2023 8:16:13 PM (300+ Posts)
जिन्होंने application लगा दी उनको क्या करना चाहिए ??
282.3. NAND KISHORE PARWAL |   Link |  Bookmark | January 28, 2023 6:07:37 AM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Investors who have sold applications in grey market, have applied.
282.4. Smile✅ |   Link |  Bookmark | January 28, 2023 6:30:40 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
@nandkishorji before applying they should aware that gray deals gets cancelled in such circumstances.
@ramsita
1. Cancel bid from rii
2. If applied as nii, take chance n apply as rii also, so that both get cancelled as per rule #one pan one application
281. IPO ADVENTURE |   Link |  Bookmark | January 27, 2023 9:09:23 PM
History of Hindenburg Reports, Who Gave Report On #AdaniGroup

In 2020 They Issued 3 Reports:

🧵A Thread On The Same

1. Nikola Corp

They Said, Nikola’s business is not doing good and high chances that they may not execute as per plans

Nikola fell 80-90% from that levels 😰

2. Wins Finance

A Chinese small business lender listed on Nasdaq. They said things are not looking in-line and after some months. It’s Chinese subsidiary and it’s patent both went Bankrupt and Wins Finance Got Delisted From Nasdaq Stock Exchanges 😳

3. Genius Brand International

A Entertainment Co trading at 6 USD. They said it’s richly valued and can be 1.5 USD (75% Downfall). It happened in just next 3 months 😇

4 adani now
281.1. svh |   Link |  Bookmark | January 28, 2023 2:20:38 PM
IPO Guru IPO Guru (2400+ Posts, 3600+ Likes)
Some interesting addition from my side also.

* Very well-known FORD MOTORS was forced to be sold to clear its over leveraged outstanding bank loan dues after controversial Hindenberg report. Later TATA MOTORS helped to bail out FORD MOTORS from mounting interest.

* Some 5-6 Chinese companies decided to delist from American stock exchange to save their fame & face after Hindenberg report. Some of these companies were performing their role as a detective for China. Such type of companies were offering unusual bomb fees and perks to the key personnal of American companies to steal American technologies. These technology companies can be from pharma , IT and defence sector.

* Yes , Nikola crashed upto 95% from its high. That's true.

# Hindenberg report is found to be very genuine as of now and big investors have always believed in it. No surprise if adani stocks can touch new lows in few days. If this happens , most of the PSU banks can be in big trouble. Can't confirm but heard from sources that indusind bank also has given substantial amount of loan to adani and younger ambani.
🙏👍
280. IPO ADVENTURE |   Link |  Bookmark | January 27, 2023 9:06:32 PM
Reliable source summation.🙏🏽

I have read 98 pages report of #Hindenburg research so you don't have to. Below are key points explained in layman's terms:

1. Financial Red Flags

🚩 5 of 7 key listed companies have reported ‘current ratios’ below 1, indicating near-term liquidity pressure.

🚩 4 of 7 listed companies are on verge of delisting threshold due to promoter ownership of more than 75%

🚩 Adani Enterprises changed 5 CFOs in last 8 years, a key red flag indicating potential accounting issues

2. Incompetent Auditors

🚩 Independent auditor of Adani Enterprise and Adani Total gas is a tiny firm called Shah Dhandharia & Co. They have no website. Only 4 partners and 11 employees.

🚩 Audit partners signing off financials were 23 and 24 years old. Fre…
280.1. svh |   Link |  Bookmark | January 28, 2023 2:37:29 PM
IPO Guru IPO Guru (2400+ Posts, 3600+ Likes)
Let me add something more.

As per report it is verified that Shah Dhandharia is not owing his own office. He has the capacity to pay 20,000 Rs. rent per month where at present the office is situated at Ahmedabad. Also it is found that Shah Dhandharia is not capable to audit forex transactions but still his signature is found in most of the overseas shell companies of adani. Hindenberg found 23 shell companies in overseas such as UAE , Mauritius & Antigua where there were no transactions in actual but only circular transactions as a part of accounting for money laundering purpose.
🙏👍
279. abc xyz |   Link |  Bookmark | January 27, 2023 8:49:18 PM
IPO Guru IPO Guru (1100+ Posts, 1100+ Likes)
As per ET :
Sebi increases scrutiny of Adani group: Report
Let's welcome it but doubtful about the results.
278. IPO KING MAKER |   Link |  Bookmark | January 27, 2023 7:47:27 PM
khatam tata bye
277. Bhaskar raj |   Link |  Bookmark | January 27, 2023 6:29:24 PM
Agar hedarburg ki report Sahi hai to Indian history ka Sabse big ghotala fraud hoga . Harshad Mehta se bhi big big
277.1. Cautious ProPrio |   Link |  Bookmark | January 27, 2023 6:51:59 PM
IPO Guru IPO Guru (1900+ Posts, 1100+ Likes)
Report 100% sahi hai proof ke sath, dunia ka sabse bada ghotala ...scam ...fraud... hoga fir bhi clean chit ready hai ....sebbi to parrot hai
277.2. Stevie Jeremier |   Link |  Bookmark | January 28, 2023 6:57:51 AM
True @CautiousProPrio
276. Justalearner |   Link |  Bookmark | January 27, 2023 6:14:12 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Some people are arguing how Hindenburg report is malicious and wants this FPO to fail that is why this timing....
Of course they want this FPO to fail. That is what they have themselves said. To stop such companies from luring any more unsuspecting investors..... How is it wrong? Their sole existence is based on research and shorting based on that research. This FPO wants 20k crore of public money ... Remember whether retail, hni or qib all use public money to apply......
The logic shoot the messenger and the issue gets solved seems the only argument being put forward by proponents of Adani. Why don't they reply on queries raised in the report? Why not say all shell firms in Mauritius that they have named have nothing to do with Vinod Adani .... and come out with documents to prove so. After all these firms in Mauritius Singapore or carribbean islands are big shareholders in all adani firms and this can't be denied....
High time all political support and patronage be withdrawn from this group and let the market bleed once instead of letting this infection keep spreading further....
The higher this group goes, more the public will lose because in the end whether you are chota ambani or choksi or Mallya or Adani, it's only the public money that is lost. None of these fraud stalwarts lose anything personally cause they were never worth in the first place.