AIR INDIA flight charges have been the highest with the poorest services. They even looted citizens in the name of Vande Bharat repatriation flights. At one time they were charging 146000 for one way return flight from US and government not allowing any foreign airlines to fly. When US retailiated, they allow one US airlines to operate and that airlines offered one way flight charges of INR 69000. Immediataly, government was forced to reduce from 146K to 76K which was still higher what US airlines was offering. My experience with AIR INDIA and, INDIAN AIRLINES with government control is that...."NOTHING CAN BE WORSE THAN THAT''.
Dear EE......... TATA steel affected badly after acquisition of CORUS steel london....... Air Inida will cause big money movements ............Can we see same Tata steel affect in any off TATA stock due to Air India ?..........keep guiding...........
185.8. lomdi| Link| Bookmark|
October 1, 2021 4:26:28 PM
IPO Guru (1400+ Posts, 1100+ Likes)
Look at the tata invest.. Some insider yesterday..π
People are worried about listing gains as if gmp is an indication of listing gains..π... There were many IPOs who turned out to be hidden gems... atleast it is Fully subscribed.
You are asking for more dilution in no of applications. But you are not considering the fact that a retail individual only has 1 pan card, so one allotment of 7.5k will fetch half the profit of an allotment of 15k. You''ll get less no of shares and allotment ratio will be doubled. If authorities do that, then this will be a stupid move. 15k is best in terms of amount and allotment. Although one can argue that it''ll attract more no. Of investors, but it''ll be a bad move against existing Investors. Just an opinion. No of Demat accounts went from 6 cr to 8 cr from jan to September. This no. Will only increase futher
181.3. MehulStk| Link| Bookmark|
October 1, 2021 1:55:19 PM
Top Contributor (400+ Posts, 100+ Likes)
I think it''s good suggestion, it''s becoming very difficult to get allotment now days and it will keep getting more difficult in future. It''s better to get something than nothing.
@Amit I agree with you. you are right. Reducing minimum amount to 7,500 will be good idea, in fact great idea for common people like me. We have one account, one pan card, one demat account. In that case, Allotment chance will increase as number of application will be same. (growth/increase in demat holder will be same be it 7500 or 15,000 ) Also those who protest, have business in IPO with 10 to 1000 pan cards or maybe breeding Child, adopting kids from street & ditching them back on street once their document are made. Reduction from 15,000 to 7500 will slow down such practice. Also its only them who always (99% times) gets one lot in all IPO. Also more than 70-80% of them have anyway crossed their max ability to get more pan cards.
Then why not it should be 2k only. We get allotment as per our luck when it is a lottery system. Not because more applicants. Then it should be lot on price basis. Today many single applicant has got the allotment.
I think reducing the amount to odd 7K will attract more retailers. And instead allotment will be more difficult. For example, I apply with two PANs one mine and other is wife''s. Now, if amount of investment is less, I will use my parents'' PAN as well. Moreover, genuine retailers will not be benefited, and it will become a rat race. Any aira gaira natthu khaira will get an allotment and wont know what to do with it...
Some good issue like Paras may be for retail investors only. Let QIB and HNI purchase from market on listing day. This type of experiment is required to be done. SEBI is great.
I am getting error msg while applying this ipo through SBI NetBanking saying, "application number over subscription". What does that mean? I have only applied one lots against each pan and demat, after two successful applications, it not allowing me for 3rd. Tried other pan and demat too, no result.
Although I have the opinion that every small investors should get something in any IPO but fragmenting IPO subscription further will not help.
All this is happening due to un-precedented bull run with not much underlining economic growth to support it. Most of the newer investors who have entered stock market in last 2-3 years have not seen any long running bear equity market and people losing family saving in Stock markets. Once this stock market bubble burst most of the newer investors will be out of the Stock market for long.
Fragmenting IPOs further will only cause increasing number of learned people exploiting poor and un-suspecting folks by borrowing more and more of their Aadhar, PAN , Bank and Demat accounts.
Ravichandran ji, As per my understanding, shareholders will have to pay only 25 per cent on application and balance in two more additional calls, which will be exercised over period of three years. Itβs really surprising to know that shares are credited with out realising the due amount. Let us wait n see whether they will call for the dues in due course. Anyway, congratulations! Thank you.
@Kama Siva Rama Krishna Ji, I am also in the same opinion lime yours and looking for rights issue to apply. I was surprised to get this credit email and I also confirmed my IP account in IIFL and it really credited and increased my holdings.
You have received right entitlements. You can sell or buy more from market once trading of these right entitlements starts. There will be also ex date and you have to pay the price for the same as per Rightsn price for Holding or buy. If you sell entertainment then buyer of same have to pay that amount.
@Kursha, Now this makes clear understanding. Thanks for explaining in detail, much appreciated
172.7. sdz| Link| Bookmark|
October 1, 2021 1:19:28 PM
IPO Guru (1200+ Posts, 500+ Likes)
@MRavi... Congratulations !! Your Bharti REs will trade from Oct5-18th. I think their price will be the difference between market price and the Rights issue price 535. Eg current price 675-535= 140. So it''ll trade around 140.
PS: Anyone correct me if my understanding is wrong
@MRavi you have received 1 right entitlement against 14 Bharti shares in your Demat account. you are entitled to apply in right issue of Bharti at the rate of 535/shares against it with a payment of Rs. 133.25 in your ASBA account (Like IPO subscription) during 5-18 October period. you can even apply for more than 328 entitlement you received. These right entitlement shares will vanish from your account on designated date on 14 October 2021. what ever allotment you get in right issue after allotment of right issue. Those shares will be called Bharti PP shares. another way if you are not applying for right issue, Then you can sell these RE shares in market. these shares will be listed in the range of 90-110.
I also received the entitlement in my account. my question is - if I don''t sell the same, how can I use them to buy the entitled shares...i understand from someone that if i dont act on it, the same will expire.
Has every shareholder received the entitlement shares? Why have I not received the shares? I have bharti shares for one year now. can anybody explain?
171. PSR| Link| Bookmark|
October 1, 2021 2:00:05 PM
IPO Guru (1300+ Posts, 700+ Likes)
"The Board of Directors pursuant to a resolution dated April 5, 2021 and the shareholders special resolution dated April 6, 2021 have approved the issuance of seven bonus shares of face value Rs 5 each for every one existing fully paid up equity share of face value Rs 5 each and accordingly 25,20,00,000 bonus shares were issued and allotted. Bonus shares are retrospectively considered for the computation of EPS in accordance with Ind AS 33 for all periods presented and for the computation of Net Asset Value per share for all periods presented. As of the date of this red herring prospectus, 288,000,000 Equity Shares are outstanding." Page No: 17 of RHP
"Diluted earnings per share (Face Value ofRs 5/- each) ------ Rs. 5.36" ----------- Page No:16 of RHP
The above data is from RHP.
In that case the company Commanding a P.E. multipale of about 132.
Is it worth to apply?
171.1. PSR| Link| Bookmark|
October 1, 2021 2:12:05 PM
IPO Guru (1300+ Posts, 700+ Likes)
I correct my self.
The EPS given is only for 3 months. Hence, the P.E. multiple works out at 33 (as against as against about 46 in the case of HDFC AMC and 37 of this sector.
Not cheap, but to some extent reasonable. Hence, I am applying.
169. Eagleye| Link| Bookmark|
October 1, 2021 12:59:41 PM
IPO Guru (6600+ Posts, 22000+ Likes)
THE MOST RELIABLE List of Mainboard IPOs IN THE PIPELINE (Status as on 01st October 2021)
A) DRHP Filed β SEBI Approval *Overdue*: DRHP filed >2 months ago
1) Aadhar Housing Finance >>> DRHP filing date 24-Jan-21 2) Penna Cement Industries >>> DRHP filing date 14-May-21 3) Skanray Technologies Limited >>> DRHP filing date 27-Jun-21 4) UMA Converter >>> DRHP filing date 01-Jul-21 5) One Mobikwik Systems >>> DRHP filing date 12-Jul-21 6) One 97 Communications >>> DRHP filing date 15-Jul-21 7) HP Adhesives >>> DRHP filing date 18-Jul-21 8) Anand Rathi Wealth >>> DRHP filing date 19-Jul-21 9) Star Health and Allied Insurance Co. >>> DRHP filing date 22-Jul-21 10) ESAF Small Finance Bank >>> DRHP filing date 26-Jul-21
B) DRHP Filed β SEBI Approval *Awaited*: DRHP filed <2 months ago
11) SJS Enterprises >>> DRHP filing date 29-Jul-21 12) Fino Payments Bank >>> DRHP filing date 30-Jul-21 13) PB Fintech Limited >>> DRHP filing date 02-Aug-21 14) FSN E-Commerce Ventures >>> DRHP filing date 02-Aug-21 15) Adani Wilmar >>> DRHP filing date 03-Aug-21 16) Popular Vehicles and Services >>> DRHP filing date 05-Aug-21 17) Gemini Edibles & Fats India >>> DRHP filing date 09-Aug-21 18) Keventer Agro >>> DRHP filing date 10-Aug-21 19) Tarsons Products >>> DRHP filing date 10-Aug-21 20) Sigachi Industries >>> DRHP filing date 10-Aug-21 21) Sapphire Foods India >>> DRHP filing date 11-Aug-21 22) Fusion Micro Finance >>> DRHP filing date 11-Aug-21 23) Le Travenues Technology >>> DRHP filing date 13-Aug-21 24) Go Fashion (India) >>> DRHP filing date 13-Aug-21 25) CMS Info Systems >>> DRHP filing date 14-Aug-21 26) VLCC Health Care >>> DRHP filing date 14-Aug-21 27) Prudent Corporate Advisory Services >>> DRHP filing date 14-Aug-21 28) Latent View Analytics >>> DRHP filing date 16-Aug-21 29) Inspira Enterprises India >>> DRHP filing date 17-Aug-21 30) Sterlite Power Transmissions >>> DRHP filing date 17-Aug-21 31) MedPlus Health Services >>> DRHP filing date 17-Aug-21 32) Tracxn Technologies >>> DRHP filing date 17-Aug-21 33) Rategain Travel Technologies >>> DRHP filing date 18-Aug-21 34) Tega Industries >>> DRHP filing date 18-Aug-21 35) Emcure Pharmaceuticals >>> DRHP filing date 18-Aug-21 36) AGS Transact Technologies >>> DRHP filing date 19-Aug-21 37) Metro Brands >>> DRHP filing date 20-Aug-21 38) Maximus International >>> DRHP filing date 26-Aug-21 39) Infinion Biopharma >>> DRHP filing date 01-Sep-21 40) C.E. Info Systems >>> DRHP filing date 31-Aug-21 41) ESDS Software Solutions >>> DRHP filing date 03-Sep-21 42) Tamilnad Mercantile Bank >>> DRHP filing date 04-Sep-21 43) Healthium Meditech >>> DRHP filing date 06-Sep-21 44) India1 Payments >>> DRHP filing date 07-Sep-21 45) Vedant Fashions >>> DRHP filing date 10-Sep-21 46) Hariom Pipe Industries >>> DRHP filing date 20-Sep-21 47) Puranik Builders >>> DRHP filing date 21-Sep-21 48) Electronics Mart India >>> DRHP filing date 22-Sep-21 49) Data Patterns (India) >>> DRHP filing date 22-Sep-21 50) Samor Reality >>> DRHP filing date 27-Sep-21 51) Godavari Biorefineries >>> DRHP filing date 27-Sep-21 52) CMR Green Technologies >>> DRHP filing date 29-Sep-21 53) Lava International >>> DRHP filing date 29-Sep-21 54) Waaree Energies >>> DRHP filing date 29-Sep-21 55) Veeda Clinical Research >>> DRHP filing date 29-Sep-21 56) Sahajanand Medical Technologies >>> DRHP filing date 29-Sep-21 57) Abans Holdings >>> DRHP filing date 30-Sep-21 58) Global Health >>> DRHP filing date 30-Sep-21 59) PKH Ventures >>> DRHP filing date 01-Oct-21 60) Wellness Forever Medicare >>> DRHP filing date 01-Oct-21
C) SEBI Approval *Received (<3 months)*:
1) Paradeep Phosphates >>> SEBI Approval 22-Sept-21 2) Northern Arc Capital >>> SEBI Approval 03-Sept-21 3) Chemspec Chemicals >>> SEBI Approval 30-Aug-21 4) Shri Bajrang Power and Ispat >>> SEBI Approval 26-Aug-21 5) Go Airlines (India) >>> SEBI Approval 26-Aug-21 6) Ruchi Soya Industries >>> SEBI Approval 13-Aug-21 7) Fincare Small Finance Bank >>> SEBI Approval 28-July-21 8) Supriya Lifescience >>> SEBI Approval 23-July-21 9) Jana Small Finance Bank >>> SEBI Approval 09-July-21
D) SEBI Approval *Received (>3 months ago)*:
10) Medi Assist Healthcare Services >>> SEBI Approval 22-June-21 11) Shriram Properties >>> SEBI Approval 15-June-21 12) Utkarsh Small Finance Bank >>> SEBI Approval 03-June-21 13) Arohan Financial Services >>> SEBI Approval 23-Apr-21 14) Seven Islands Shipping >>> SEBI Approval 30-Mar-21
Oyo Files draft papers to Raise $1.1 Billion in IPO- source: mc
167. Shaolin| Link| Bookmark|
October 1, 2021 12:02:00 PM
Top Contributor (300+ Posts, 500+ Likes)
-: CAUTION :- US debt ceiling bill needs to be passed in US parliament. Republicans are going to block it in Senate. Oct 18 is the deadline for raising US debt ceiling or suspension failing which US is going to default on its debt. Markets may be highly volatile till this issue is resolved. It may have negative effect on the listing of ABSL on Oct 11. Though ABSL AMC IPO is good don''t bet on it aggressively. GMP is weak may be due to US debt issue.