NAM AMC stock is doing well post this IPO closed...i think this should give atleast 20% in first week
245. Splendid| Link| Bookmark|
October 5, 2021 9:57:34 AM
Top Contributor (300+ Posts, 100+ Likes)
SEBI always comes with good proposals and better future planning however they are failed when it comes to execution.
Need of the Hour is T+4 Listing. As Per SEBI''s circular in 2019, T+4 listing must have been implemented from Jan-2020. Now we are heading towards 2022 and SEBI has not taken any further action on this yet. A BIG FAILURE
Plus a schedule cycle...where not more than 2 IPOs should come in that 4 day listing cycle. Other IPOs willing to list should stand in line..better for investors
Fintech firm Fino Payments Bank has received approval from the capital markets regulator Sebi to go ahead with its initial public offering (IPO). The company had filed its draft papers in July-end this year. The public issue comprises a fresh issue of Rs 300 crore and an offer for sale (OFS) of up to 1,56,02,999 equity shares by promoter Fino Paytech Limited. The offer includes a reservation of Rs 3 crore of shares for the company''s employees.
240.7. ColdBurger| Link| Bookmark|
October 5, 2021 1:37:30 AM
IPO Mentor (1400+ Posts, 400+ Likes)
I was waiting for 2800 level but it did not come. Regret exiting on listing day at half the price i am ready to pay now. Anyway for fresher like me it may be expected.
Boss.Use logic Game is that of QiB like zomato and sona.Grey premium is relavant only when Hni is involved .Mr Birla has reputation and never allowed it to list in nagative . Even if you compare valuation with Nippon 5 to 10% gain will be there .sorry but those who missed applying now in frustration spreading nagative sentiments.
So no need to open page as of. Now much more time there .
237.2. lokes| Link| Bookmark|
October 4, 2021 3:05:57 PM
IPO Guru (4400+ Posts, 5100+ Likes)
new page is opened usually when company files RHP.... DRHP''s so many companies keep filing and it takes variable time for ipo to come in actual after filling DRHP
Eagerly waiting to buy it near 650 and do bottom fishing on listing day. Not bad strategy for who skipped this ipo....no grudes for those who applied init.
Dear lokes jee, Please advice some stocks for long terms. Thanks
233.2. lokes| Link| Bookmark|
October 2, 2021 9:17:58 PM
IPO Guru (4400+ Posts, 5100+ Likes)
At current levels, hdfc amc is good after recent stake sell from standard life....it can give 20-30% returns in 3-6 months... Others which are good at current levels also are : arti industries, CAMS, HDFC, IRCTC, ICICI Bank, UPL,.... there are many other good shares but already at high valuations now, can be bought on corrections: dixon ,SRF , avenue suparmart , clean science, laxmi organics. I bought M & M also recently around 750, now its already increased
233.3. Scrip| Link| Bookmark|
October 2, 2021 11:00:34 PM
Top Contributor (500+ Posts, 200+ Likes)
In this rally auto''s have not participated so good auto company can be considered both for short and long term.
also keep a track on PSUs PNB, SBI, Canara, GAIL, NLC, ONGC
just one suggestion buy in portions.
233.4. lokes| Link| Bookmark|
October 2, 2021 11:13:14 PM
IPO Guru (4400+ Posts, 5100+ Likes)
please dont go in PSU''s for long term to create wealth......never....they wont give multiple returns and some may even give less than bank FD''s or lesser also... these GAIL, SAIL, NMDC, ONGC, big no to all and many others..... and in psu banks also, only SBI nothing else....
@lokes Sir what is your thought on BPCL,REC,BEL and NATIONALUM?PLEASE SHARE INDIVIDUALLY.
233.6. lokes| Link| Bookmark|
October 3, 2021 1:00:29 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@RONNE: REC is good, i am still holding this, dividend income is even around 8-10% annually and stock has been in range bound for long time, it should cross atleast 180 by this year end if no major market correction...NALCO already moved a lot along with other metal stocks rally but experts says still sector can rally more, if you are holding and if in good profit better to keep booking profits on further rallies....i was holding it from 60 levels and recently booked profit at 99.... No idea about BEL/BPCL, i dont track them...instead of BPCL, i like IOC in that field which i bought recently at 105...
233.7. lokes| Link| Bookmark|
October 3, 2021 1:07:34 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@scrip: i used to trust 3 PSU banks SBI/PNB/BOB but from long time i am stuck in PNB/BOB , they lost their charm as before, only SBI is performing well in PSU banks, 2-3 years back SBI/PNB/BOB used to perform together..... i just hope they will show some run up in near future due to recent news of bad bank formation and recapitalization, and also psu banks were laggard in last 6 month market rally....so that i can get out of them :)
233.8. Scrip| Link| Bookmark|
October 3, 2021 1:37:42 AM
Top Contributor (500+ Posts, 200+ Likes)
@lokes Agree with u that PSU had been laggards for past 5 years. Except SBI any other PSB is a bit risky. Hence I told to add in portions.
Issues Asset Quality Governance and Management
But Recent developments like - Bankruptcy law - Bad Bank - Merger of Banks - More activities in Jan Dhan Account because of COVID - Re-capitalisation
Can we apply in multiple demat account through one upi
233.11. lokes| Link| Bookmark|
October 4, 2021 12:23:06 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@ashish: from sebi rules, we cant apply in multiple demat accounts via one upi id but some people here told they got allotment in third party upi also....atleast i never tried....it can be tried in low subscription ipo to be sure.
233.12. Nilaykumar| Link| Bookmark|
October 4, 2021 2:28:11 PM
IPO Guru (1200+ Posts, 600+ Likes)
@lokes ji , I am also doing the same , mandate pending he Aditya AMC ka. Kya karna chahiye bhai please reply...
233.13. lokes| Link| Bookmark|
October 4, 2021 3:03:32 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@nilyakumar: last time to accept mandate was 12pm today i think....i already accepted since QIB subscription was good and market- conditions are better today....i posted in some other posts, missed to update here as thread was changed in different direction
233.14. Nilaykumar| Link| Bookmark|
October 4, 2021 3:21:49 PM
IPO Guru (1200+ Posts, 600+ Likes)
@lokes ji haan request expire ho gayi lagta he , no problem thank you.
you will get approx 4 Lots of allotment as per 5.25 times subscription( 21/5.25)
228.2. P Patel| Link| Bookmark|
October 4, 2021 1:15:40 PM
IPO Mentor (900+ Posts, 900+ Likes)
@Deepak - You may get 5-6 lots...
227. P Patel| Link| Bookmark|
October 4, 2021 11:27:38 AM
IPO Mentor (900+ Posts, 900+ Likes)
This will surly be a portfolio stock. It will surprise with price after 1 year like SBI Card and UTI AMC. Market is full positive for atleast next 1-2 year and will reach new highs. Nifty can touch 18.5-19k in next 2 years, small corrections (5-6%) can be seen in between, but growth story is intact.
227.1. lokes| Link| Bookmark|
October 4, 2021 12:19:05 PM
IPO Guru (4400+ Posts, 5100+ Likes)
i think 18.5K-19K in next two years is too less you are predicting....that can come in 3-6 months also even after some corrections....definitely within 1 year 19K can be seen any time as per correction cycle...
227.2. P Patel| Link| Bookmark|
October 4, 2021 1:13:41 PM
IPO Mentor (900+ Posts, 900+ Likes)
@lokes - Yes, Nifty can touch 19k ( ~8% from current level ) in 6-12 months, but I have given conservative view considering 5-6% of correction, ABSL can give around 20-30% return in 1-2 years, which is quite good.