Very clear cut opinion .. But once again we thankful to u for your neat & clean opinion.....on this all three upcoming ipo. Sir...if u are going to be a my teacher in my classroom..I will be your first bench student for sure Good night....& Sweet dream.
There is lots of liquidity in the system now. So Angel will get enough subscription from investors , both NII and QIB. So I think it is safe to apply...
58. Aniketiaf| Link| Bookmark|
September 18, 2020 8:48:10 PM
IPO Guru (1800+ Posts, 10200+ Likes)
@ God is Great, @ SHANI
I will apply in all three IPO through all my accounts.
If insufficient fund will be there, than one can consider the following-
1. In Chemcon, Allotment chance is less as Rii likely to be subscribed about 20 times ( No of Application wise) but listing gain will be higher 50% +
2. In CAMS, Allotment chance is Fair as Rii likely to be subscribed about 3.5-4 times (No of Application wise) but listing gain will be moderate 20% +
3. In Angle , Allotment chance is better as Rii likely to be subscribed about 2.5-3.5 times ( No of Application wise) but listing gain will be Less 10% +
One can take decision by his/her own research along with considering the above mentioned points.
Thanks.
58.1. Aniketiaf| Link| Bookmark|
September 18, 2020 9:16:17 PM
IPO Guru (1800+ Posts, 10200+ Likes)
what will be market cap. of company at upper price band
56. R R Patel| Link| Bookmark|
September 18, 2020 1:43:51 PM
IPO Mentor (800+ Posts, 3400+ Likes)
me too not applying.... i will apply CAMS & Chemcon both with full force.... so many competitions in broking business.... n after Zerodha...... and now paytm too.... so future growth doubtful..... even established player icici securities gave negetive returns... ipo in March-2018 @520......muskil se 90% bhara...... listed @435..... then down near 200 and now after 2 years crossed issue price.... so simply avoid it & go bindas with CAMS & Chemcon..... n wait for UTI AMC????????
56.1. lekker| Link| Bookmark|
September 18, 2020 2:11:04 PM
IPO Guru (1300+ Posts, 2000+ Likes)
Thank you Sir, Could you please provide PE comparison of both ICICI sec and Angel?
53.1. lekker| Link| Bookmark|
September 18, 2020 1:29:51 PM
IPO Guru (1300+ Posts, 2000+ Likes)
yes, no harm to skip this issue, or decide only on last day if HNI crossed at least 30X
53.2. BubbleBoy| Link| Bookmark|
September 18, 2020 1:40:41 PM
Top Contributor (400+ Posts, 100+ Likes)
@LEKKER
I'd think twice even when NIIs cross 100x in Angel Broking. 30x is too small figures. :)
53.3. lekker| Link| Bookmark|
September 18, 2020 2:10:07 PM
IPO Guru (1300+ Posts, 2000+ Likes)
@BB its becs to avoid -ve listing :) also we dont know what will be the market condition on listing day. I am with you even this cross 100X in HNI we should think twice before applying.
Angel Broking: Be cautious. So many players are available in market. Big competition. Growth depends on economy. No sudden growth possible. Higher possibility it will show negative growth in future.
We have power packed September month with 5 IPOs Angel, CAMS, chemcon, happiest minds, route mobile.. alll are excellent IPOs... But since many of them are smaller size, allotment chance was less for retails. except CAMs, which is somewhat bigger in size than others with rs 977crore quota for retails..
October also may witness similar trends with some of the IPOs expected are UTI AMC, likhitha, Gland pharma,... Gland pharma size may be around rs 6000 crocre, UTI AMC around rs 3000 crore , so better chance of allotment for retails in these IPOs...