Experts I have got some jio finance shares what would be your take on it. At current valuation it is highly valued should I take the profits on listing and buy it later at lower price as selling pressure by fund houses will take it down. Or selling pressure won't matter due to T2T trading
"The Park" brand hotels run by Apeejay Surrendra Park Hotels Ltd. has filled papers with SEBI to raise Rs.1050 crs. through an IPO on Saturday. According to DRHP, IPO comprises a fresh issue of equity shares worth Rs. 650 crore and OFS of equity shares to the tune of Rs.400 crore by promoters and investor share holders. At present promoters and promoter group members hold 94.18% stake in the company and the two investors hold 5.82% stake in the company. The purpose to utilize the funds to repayment of loans, etc. It has five decades of experience in hospitality business and operating hotels. The first hotel being launched "The Park" at the iconic Park Street in Kolkata. The company has presence in Kolkata, Bengaluru, Chennai, Hyderabad, Mumbai and Delhi -NCR and others.
I want to buy shares of company before listing when the shares are allotted because allotment chances are very less and in some ipo the share list more then its GMP in the market .Which platform is trusted in which i can invest but i will put only when DHRP is filed .
Any estimates for shareholder quota over-subscription? Seems difficult to predict at this point. According to June data, around 6700 retail investors. Up till now it would have been 14k. More than 100x easily since it's proportionate?
Anyone who aaplied ipo application after second day closed windows in the evening ( like: 6.pm) and also got allotment and anyone know if applied after 5 pm ipo application this is valid or no? Thanks adv
you can apply anytime within the 3days (even after market hours). the cutoff time is applicable for the last day only. upi applications can be done till 4;35 in zerodha and mandate should be accepted before 5pm.
I am a shareholder of Sat Industries. I am confident that Sat Industries and their subsidiary company Aeroflex Industries will scale new heights in times to come. I want that 10% reservation should be kept for the shareholder of Sat Industries to invest in their subsidiary company Aeroflex Industries.
**Off topic** Hey everyone, I've been researching potential multibagger opportunities, and I'm excited about the UAV (Unmanned Aerial Vehicle) segment. Drones have proven their versatility from military wins to transforming agriculture, healthcare, and logistics. For instance, in the 💣Azerbaijan-Armenia conflict🧨, cost-effective drones changed the game. Drones are revolutionizing agriculture by spraying pesticides and delivering medical aid🩺💉 in remote areas like Ghana. They're also poised to reshape logistics 🪂by delivering goods quickly, especially to hard-to-reach places and many more. Studies project the UAV segment could grow 15x in five years. While this holds significant potential, remember that all investments carry risks. Exciting times ahead!
104.1. UjwalG| Link| Bookmark|
August 20, 2023 8:51:58 AM
IPO Guru (1000+ Posts, 500+ Likes)
Yes you are right. If you read about Russia vs Ukraine war, a number of drones has been used by ukraine. Learning from this, every major country is now piling up on making a fleet of drones, china certainly is!! In agricultural field its still underpenetrated in india, maybe because of cost of spraying from it. And also farmers in india dont earn much, all is taken away by middlemen. Use of drones in delivery is also kind of impossible in indian market, due to population density,overhead cables, not proper mapping of cities etc etc Indian market is unique, companies need to be innovative to push products to businesses/retail consumers. Ps, this is just my view. Not encouraging/discouraging anyone. If anyone has seen applications of drones in different industries, apart from mentioned above,especially in indian market, please let me know. Thanks
103. Palka| Link| Bookmark|
August 19, 2023 1:45:57 PM
Top Contributor (900+ Posts, 200+ Likes)
There was a news in ZEE Business yesterday that selling of 1600 crores in JIO Financial on the listing day... If that is true, there may be lower circuit after listing.. Please be extra careful in purchasing Jio financial shares Monday morning..
103.1. UjwalG| Link| Bookmark|
August 19, 2023 8:28:28 PM
IPO Guru (1000+ Posts, 500+ Likes)
Yes this might be true.FTSE had planned to remove jfsl from its indices, however they took that decision back. Some of funds might sell since nobody knows what kind of business it is,financials etc. Bas reliance ke naam pe and "could be Bajaj Fin" pe chal raha hain share.
103.2. Jetha Lal| Link| Bookmark|
August 19, 2023 10:05:17 PM
IPO Guru (1000+ Posts, 2100+ Likes)
No company including Reliance financial can challenge Bajaj Finance because of experience and data that BFL possesses.
Reliance tag can be make it fancy for sometime but ultimately stock price will move on basis of fundamental and financial performance QoQ & YoY. Bajaj Finance has numero uno position in electronic goods and consumer financing. Bajaj Finance too has strong parantage backing and they have captured very deep in the market on both side consumers as well as retailers (electronic shops).
What reliance could able to do in telecom sector they can't replicate in NBFC. In telecom they planned and executed their strategies for almost a decade and they shaked the market with very disruptive pricing which they can't replicate in NBFC sector because here Bajaj Finance has very deep experience and data of million of customers and very very strong balance sheet.
RJFL maybe a good company and may grow in line or bit better than growth of the consumer discretionary and nbfc sector. Credit card companies may give more competition to Bajaj Finance rather than Jio Financial but the only listed SBI Card is struggling as well.
Thanks 🙏
103.3. MuStrFc| Link| Bookmark|
August 20, 2023 7:15:15 PM
IPO Guru (1800+ Posts, 1000+ Likes)
@Jetha Lal On second thoughts, Behind every 1st there is a 2nd lurking and working in the background. Bajaj is surely on another level, but one can't deny JFSL presence with all its capacity could at least in near term cause little harm to Bajaj and if things get sorted out for JFSL regarding their primary focus area, that point could be pivotal. But seeing all this, Bajaj will surely step up as well to retain its spot. Overall a good battle going forward is on cards if things go as expected.
I want to buy shares of company before listing when the shares are allotted because allotment chances are very less and in some ipo the share list more then its GMP in the market .Which platform is trusted in which i can invest but i will put only when DHRP is filed .
99.1. B.M.SURANA| Link| Bookmark|
August 19, 2023 1:05:01 PM
IPO Guru (2600+ Posts, 4900+ Likes)
Vishnu Prakaash GMP?????
99.2. Finexpert| Link| Bookmark|
August 19, 2023 3:16:56 PM
Top Contributor (400+ Posts, 200+ Likes)
44 buyers
98. Palka| Link| Bookmark|
August 19, 2023 1:22:55 PM
Top Contributor (900+ Posts, 200+ Likes)
Which one will have better chances of allotment ie Aeroflex or Vishnu? Aeroflex refund will not be available for Vishnu... One has to carefully applied if money constraints
97.1. The Nest| Link| Bookmark|
August 19, 2023 8:39:19 AM
Top Contributor (200+ Posts, 100+ Likes)
Looks reasonably price...
Also Revenue from operations for the company increased from ₹373.15 crore in FY 2019–20 to ₹785.61 crore in FY 2021–22 at a Compounded Annual Growth Rate (CAGR) of 45.10%, while profit for the year increased from ₹12.65 crore in FY 2019–20 to ₹44.85 crore in FY 2021–22 at a CAGR of 88.25%. From FY 2019–20 to FY 2021–22, EBITDA climbed at a CAGR of 45.10%, from Rs. 40.18 crore to Rs. 88.64 crore @ livemint
97.2. Finexpert| Link| Bookmark|
August 19, 2023 11:08:15 AM
Top Contributor (400+ Posts, 200+ Likes)
GMP 30 buyer Attractive valuations
97.3. Finexpert| Link| Bookmark|
August 19, 2023 1:12:09 PM
Top Contributor (400+ Posts, 200+ Likes)