AIK Pipes And Polymers Limited IPO Message Board (Page 2)

Bhai kitni mili?

AIK Pipes And Polymers IPO,
1 Retail allotment here

​@Mukesh Elon Adani 
1 allotment mila

Nice, congratulations

​@GJ 😀  self ya 3rd party

yes recently mainboards are not listing good and earlier ones also going down which listed high like tata tech or irdea etc ......
Except muthoot, all looks good in my view for mid to long term, but currently since markets are already at high level or some correction may also come, so overall from 1-3 months perspective, these shares may not run big....so if you can hold for 2 quarters, then better wait and hold or else book profits or book partially....next 2 quarterly results will also give some idea...

​@lokes Ji

Any particular reason why muthoot is not good

It's growth is spectacular with very low NPA, PE is also reasonable

​@lokes What is your view about suraj estates

​@Aaashish yes muthoot microfin financial growth was huge in last 2-3 years and its PE is also reasonable but only thing is this sector always can have risks of higher NPA in future and its business also looks little risky which is mainly giving smaller loans in smaller areas and such companies/businesses usually carry smaller PE only as seen for its peers also....after ipo, its not even performing good till now.....Anyways it may do good in future, we may never now, if its able to keep its growth high and NPA's low....
@PLAZA i didnt applied suraj estates....i dont see it much attractive to invest in my view...we have so many others shares/ipos keep coming.....
Anyways any MainBoard share can do well, depends on its results, future growth, business expansion and mutual fund investments etc

​@rohiitian , even though financials look good.
Somebody in the forum has pointed out an issue regarding promotor remuneration. If true, this one looks dicey.

​@GrayIsTheNewBlack 
Gray bhai r u applying then? I'm confused so asking,
Thanks

Trying to understand the issue, but honestly seems like a trivial point. Looking at a few recent IPOs

For Siyaram, the 2 key directors were drawing 84L combined before IPO, and will draw 2.4 Cr combined post listing (see page 110 of RHP). Siyaram is up 50% from IPO price, and still hitting UC. It was a similar size IPO.

For Shree OSFM, the 2 key directors were drawing 1.7 Cr last year, and will draw 3 Cr combined this year (see page 106-107 of RHP). Shree is up 25% from IPO price, and continues to hit UC. Similar size IPO

For AMIC, the directors went from 40L combined to 1 Cr. AMIC is up 250% from IPO price in 1 month (admittedly much higher PAT)

In case of AIK, the Directors are recently appointed to that position and hence the old compensation looks less (12L is extremely low). In light of above examples, this fact will not have any listing gain impact in my view. What do you think @GrayIsTheNewBlack ?

Thanks for posting in depth analysis on promotor remuneration issue @rohiitian .
Balaji seems comparatively safer option but again allotment chances would be difficult there.
So - if one is willing to go with a bit of risk, I guess securing one lot AIK should be fine 👍

​@sbipo , haven't finalized yet.
Will take final decision around 2.45 pm

i am applying here 1 hni and other retail applications....
regarding full force etc, that you need to decide considering other ipos closing on 29th as its money cant be used there

Applied 1 HNI (25 lots), hopefully enough to secure 1 lot

Applied HNI

​@lokes  Does IDFCFirst Bank allows HNI Application Upto 3:30 PM ?

@riyansh : yes it allows...

Hi @lokes 

What are the apply candidates from tomorrow closing IPOs?

Its quite commendable the way you research @rohiitian  bhai. The application made falls short again (even for me) just like Shanti..

Thanks @Sanchit Jain . Yes, lottery again, need to rethink how subscription ramps up towards the end. I could have applied 50 lots, but didn't expect this much climb, and wanted to retain more funds for tomorrow's IPOs.

Applied here.

You've done a really good study...I was scared because this point was raised...now I'll apply targeting one lot...
I've been following your posts, so I know you have a fairly good hit ratio...
At 2:55, if subscription is 15x, and I apply for 20 lots there should be a fair chance for allotment right?
Also, personally are you planning to apply?

​@kishenharendra thanks, my goal is to find good listing candidates in low GMP issues. High GMP issues anyway everyone will subscribe.

This seems like a good candidate prima facie so will apply to get 1 lot. Ultimately market is king and can make us look smart or stupid, only time will tell.

If subscription is 15x, I would suggest go for 30 lots if you have funds to get assured allotment. Shanti even went from 15x to 60x after 2.55pm though that is unusual.

Thanks for suggestion...
Shanti was sudden shock...it zoomed after 3 p.m.
Like you said we are helpless since we can't place orders after 3 p.m.
We need to hunt for a broker that allows hni applications upto 3:30

Hi @rohiitian 

Are you applying here?

​@Pangaj Don't be like me yes applying to get 1 lot (final # of lots based on subscription at 2.55pm).

I can't say that this will give a big gain (max 15-25%, either on listing, or post listing with a few UCs) or may not give any gain, so this is a risky bet and also this capital cannot be used tomorrow. But I prefer getting assured allotment with good chance of gain, compared to lottery.

​@kishenharendra I use AUBank ASBA they use cut off of 3:30 as a default and for few IPOs they give 3:35Pm as well. e.g. I could apply supreme till 3:35pm but trident only till 3:30PM.

​@Rohitsme  Cut off 3:30 PM for HNI application or Retail ?

​@Rohitsme Can you confirm if it is for retail or hni?
I used hdfc where retail is allowed until 4 p.m. on last day