same article says this been mentioned in draft RHP. so I guess impact shall be minimum. Also 74 cr should not be an issue for Alkem. lets hope for better
125. Chem cho| Link| Bookmark|
December 9, 2015 10:01:24 AM
IPO Guru (2500+ Posts, 2700+ Likes)
APPLY FOR LISTING GAINS ONLY
ALL PHARMA COMPANIES ARE ON HIT LIST OF USA FDA SUN PHARMA , DR REDDYS RANBAXY ETC ARE ALL DOWN
I will give 5/5 and 4.5/5 rating to Septa and pinkyjain. these people r the rockstars of market. i have been in this group since 5 months. septa is 100 percent correct all the time.
Looking at the retail response at various brokers offices both these IPO will be subscribed by minimum 3 to 4 times in retail category.after steller listing of indigo no one wants to miss the bus and grey market is also supporting them so need not to worry about subscription figures
Company are having lot of cash reserves. Now they are utilising & playing with public money.
117. Chem cho| Link| Bookmark|
December 8, 2015 8:39:38 PM
IPO Guru (2500+ Posts, 2700+ Likes)
BSE BID DETAILS ALKEM LABORATORIES LIMITED Last updated on 08/12/2015 05:00 PM Sr.No. Category No.of shares offered/reserved No. of shares bid for No. of times of total meant for the category 1 Qualified Institutional Buyers (QIBs) 2510906 1018556 0.4100 1(a) Foreign Institutional Investors(FIIs) 0 1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 762165 1(c) Mutual funds 0 1(d) Others 457290 2 Non Institutional Investors 1883179 176372 0.0900 2(a) Corporates 0 2(b) Individuals(Other than RIIs) 164925 2(c) others 0 3 Retail Individual Investors(RIIs) 4394086 1931454 0.4400 3(a) Cut Off 1749825 3(b) Price bids 253800 4 Employees 298913 42490 0.1400 3(a) Cut Off 36315 3(b) Price bids 180 Total 9087084 3168872 0.35
NOW NSE BID DETAILS
Bid Details for ALKEM as on 08-Dec-2015 17:01:29 IST Sr. No Category No of Shares offered/Reserved No of shares bid for No of times of total meant for the category 1 Qualified Institutional Buyers(QIBs) 25,10,906 9,09,356 0.36 1(a) Foreign Institutional Investors(FIIs) 1,77,828 1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 6,36,328 1(c) Mutual funds 95,200 1(d) Others 0 2 Non Institutional Investors 18,83,179 81,676 0.04 2(a) Corporates 3,332 2(b) Individuals(Other than RIIs) 78,344 2(c) others 0 3 Retail Individual Investors(RIIs) 43,94,086 7,77,210 0.18 3(a) Cut Off 6,63,474 3(b) Price bids 1,13,736 4 Employees 2,98,913 32,004 0.11 4(a) Cut Off 31038 4(b) Price Bids 966 Total 90,87,084 18,00,246 0.20
Alkem is most respectable pharma company like indigo is most respectable airlines both are in domestic business so no worry about what happen @out side of country... I wan''t do such a stupid mistake again that i did for INDIGO by reading non experience people''s review from board..
Anchor allocation report looks attractive. 25+ fund houses & banks invested in this IPO. I will wait for last minute subscription details than I will apply for this IPO.
BEWARE ALKEM FACE VALUE 2 AND PERMIUN CHARGED 1048 WE CAN GO FOR LISTED PHARMA STOCK LIKE WOCKHARDT FACE VALUE 5 MKT PRICE 1637 , IPCA LAB FV 2 MKT PRICE 750, GLAXOSMITHKLINE PHARMACEUTICALS LTD FV 10 MKP 3265 AND MANY MORE PLS DONT FALL PRAY TO GREEDY PROMOTERS