Tata steel backed by this company so this company fully subscribed in all category even though issue is very big (50 crore)
48.1. medge| Link| Bookmark|
September 18, 2018 4:13:47 PM
IPO Guru (1300+ Posts, 2000+ Likes)
RAJAKUMAR sir applying or not? i am still not confident with HNI numbers, even there is low reservation for HNI their subscription is not giving confidence.
Dear Singh First time entering the sme sector you should wait Dangee and Rangeet Mech type shares. Dangee listed well and Rangeet also list well. Those type of subscription will give 100% listing gain. We can not predict Ahlada. How it will list. Wait till 3.30 pm we can get clear view whether apply or not. If Qib more than 3 times and HNI 5 or 7 times means you can apply for listing gain. Mega issue always not give solid listing gain in the past. It is 50 cr. issue. Gala (43) Clearly stated.
Lexus Granito went to 100 against issue price of 45. Why you did not book profit. Booking profit is very essential in stock market. In SME Stock Market one or two counter performs well in long standing all other stocks went down. We can not judge which counter perform well in future.
45. DownriteVJ| Link| Bookmark|
September 18, 2018 3:14:19 PM
IPO Guru (1400+ Posts, 1200+ Likes)
At 2:12 Retail 1.31X Overall 1.45X
45.1. DownriteVJ| Link| Bookmark|
September 18, 2018 3:33:19 PM
IPO Guru (1400+ Posts, 1200+ Likes)
Pricing is on the upper side, still I believe issue will be over subscribed by huge margins. Let's wait and watch how things end up.
Wait till 3 o'clock to get a clarity on subscription numbers.
41. gala| Link| Bookmark|
September 18, 2018 11:15:10 AM
IPO Mentor (500+ Posts, 200+ Likes)
Don't apply blindly here !! Nii crossing 5x QIB 3x is important please learn from Lagnam .... looking like retail will be 4x minimum surely Disclaimer - will apply btwn 3 - 3.30 only if above conditions are fulfilled
They have winner products. Preferred supplier for TSL. We are not yet talking about windows. Massive potential for these products. Ahlada in a sweet spot with a first mover advantage. Too good a story to be missed
39. Hiteshji| Link| Bookmark|
September 18, 2018 9:40:13 AM
IPO Mentor (700+ Posts, 400+ Likes)
Must apply as Foi & Dii both are Subscribing with interest. It should oversubscribed by more than 8 times. Also Grey mkt prem is increase to 8000. Keep an eye.
38. MAMU| Link| Bookmark|
September 17, 2018 9:25:53 PM
IPO Guru (2000+ Posts, 1200+ Likes)
Sub 2 kostak 4k - 5k in ahmedabad Qib Fii - 13lk shares bid Retailer may wil be innaction tomoroow. After seeing QIB nos HNI will enter tomoroow with heavy subscription by 4 pm. But i am still confused ????
Number of negative IPO comments surely some big game is there. the story is superub. All effort to discourage in IPO. Comments maybe planted by vested interest. Somebody game to corner all shares.watch the subscription closely. Last minute any thing happen.
36.1. MAMU| Link| Bookmark|
September 17, 2018 1:28:45 PM
IPO Guru (2000+ Posts, 1200+ Likes)
That's what i want to say. But confused to put bid worth 150000 ammount. As anything can happen. QIB numbers on 1st day, HNI nos steady since last 2 days and Retailers aggressively bidding.. So many circumstances...
Entire Pre-Issue shares will be locked in for a period of One Year including any pre-IPO placement.
If the shares are locked in how they will sell in the market after listing. Even NSE will not give approval for allotment basis unless lock in documents are in place.
All the pre IPO placement happened to investors, existing shareholders they will not come for selling for a period of 1 year.
I verified the Prospectus. They clearly mentioned about the lock in.
@ Smeupdate, @ RACHBHARE Don't spread negative news in this good platform. Healthy discussions will always leads to identifying good investment in SME companies.
Right, here I am just giving information...actually Cadsys result was also not that much bad and Cadsys acquires a USA co. which may pump up top and bottom line then also it will not affect share price positively!!!