196.4. Krishna T| Link| Bookmark|
August 23, 2023 2:00:15 PM
IPO Guru (1600+ Posts, 900+ Likes)
No worries, apply normal retail as well!
195. YBPK| Link| Bookmark|
August 23, 2023 1:41:46 PM
Top Contributor (200+ Posts, 700 Likes)
Blockbuster issue Marquee investors like Ashish Kacholia, Rozy Blue Diamond, Jagdish Master have participated in pre-IPO placement @ Rs 87.56 Company is in business of flexible flowing solutions i.e. steel flexible pipes. It exports 80% of its production to more than 80 countries, the trend is consistent over last 3 years Based on working capital projections, FY 23-24 turnover estimated at Rs 390 cr and FY 24-25 turnover estimated at Rs 513 cr, against Rs 270 cr for 22-23 Capacity uitlisation was 90% in 21-22 which dipped to 83% in 23-24. With the growth expected in coming years, company may soon have to go for expansion. YoY EBIDTA margin has improved from 15.43% to 19.39% to 20.05% in the last 3 years which denotes sound operational management during inflationary times. Out of the issue proceeds, company proposes to pay off LIBOR / EURIBOR denominated debt. This may work out well given rising interest rates in Euro region Decent cash flow from operation for 20-21 and 21-22. For 22-23, increase in inventory and receivables reduced cash flow from operations before tax Out of tangible fixed assets of Rs 55 cr, Rs 29 cr is plant & machinery Out of receivables of Rs 67 cr, Rs 12 cr is outstanding for more than 6 months which is surprising given that 80% of sales are exports Advances to suppliers are Rs 21.6 cr which are falling consistently YoY Except a few lucky ones, it will be a “Block Unblock” game for most investors
Hello - Please suggest that can we file 2 IPO applications using 2 different DEMAT accounts in the same name with same PAN Card. I have been informed that with one PAN card, only 1 application can be filed. If 2 applications with same PAN card is filed, then both the applications gets rejected.
190.1. MVP| Link| Bookmark|
August 23, 2023 1:00:00 PM
IPO Guru (1500+ Posts, 1100+ Likes)
This is a very good question...very hard to answer bcz after many months we have an ipo with sh quota and it is at a time when sebi has come up with rules against 3rd party apps...so not many examples would be available to answer this...but odds are better not try it...if no other option then go for it
I am planning to apply with big amount. Don't want to take risk of application rejection. My HUF account is in IDFC so not able to apply through ASBA. Can we apply through offline mode ? Plzz suggest.
188.3. Vaibhavvd| Link| Bookmark|
August 23, 2023 11:22:39 AM
Top Contributor (300+ Posts, 100+ Likes)
Max retail subscription according to my analysis and considering that it's overlapping with VPRPL, Pyramid and some SMEs is 25x...
Retail applications needed for 1x is ~88500 Natweb total retail applications = 22.5L
Hence, 22.5L/88500 = 25.4x but we have to consider some important points like Sector of Natweb, Higher GMP, Bigger IPO Size so more people apply, less competition in Mainboard and SME.
Last request - Please don't post random msgs without any basis behind because you are doing nothing but MISGUIDING new members.
Surely this will be 25x+ but considering the fact that craze for ipos is only increasing and overlap doesn't matter at all in retail...I am expecting 30x...let's see
184.3. PrinceMJ| Link| Bookmark|
August 24, 2023 7:01:12 PM
Top Contributor (500+ Posts, 200+ Likes)
Sorry sir/mam @Chhattisgarh Now I will not post random messages and will not misguided new members🗿. I will follow your analysis.
By the way retail category subscribed 34.35 times
Bura laga tha jab aapne ye bolaki "you are doing nothing but MISGUIDING new members" Maf karna sir/mam agar aapko bura laga ho. par mera irrational analysis thoda bahot sahi hua
184.4. MVP| Link| Bookmark|
August 24, 2023 7:04:14 PM
IPO Guru (1500+ Posts, 1100+ Likes)
😂😂😂
184.5. The Nest| Link| Bookmark|
August 24, 2023 7:15:15 PM
Top Contributor (300+ Posts, 200+ Likes)
@PrinceMJ No one is perfect in this line and no one has right to blame others in this line... it's purely a game of chance, prediction, luck, confidence on our home work, and stick to our plan and execution.. so don't feel bad.... By the way... very nice prediction.... Keep posting....
OFF TOPIC: Exclusion of JioFin has been postponed till 29th. @Monster Zero@newgen consultancy and other experts please advise what should be the strategy for JioFin. When to enter, what price or avoid?
182.1. Basuvr| Link| Bookmark|
August 25, 2023 11:15:26 AM
IPO Guru (2000+ Posts, 1100+ Likes)
Respected Seniors ... Today I applied One SHNI application in Aeroflex IPO through HDFC Net Banking ASBA but my mistake I applied in Aeroflex Share Holder, can I edit it and transfer it to Aeroflex General ... I tried on HDFC Net Banking but this only show to edit for more quantity only , not showing for cancellation or shifting for general...Is there any way to shift this..( by email registrar or any other way , if any one knows, please guide... thanks in advance ..
there is no option for hni(both shni & bhni) category to cancel the application. you can only apply for more lots. since you're not a share holder your application will be rejected. there is you can do. so just wait till the amount get released. apply carefully next time.
bhai i have done same mistake .dont worry i am with you in this. as hdfc app confused us.i have talk to hdfc desk they told me to w8 till alottment and it will be canceld.but for a week our amount is blocked.